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Media
CHINA'S Ministry of Commerce and National Development and Reform Commission have worked out a plan for commercial logistics development for the next five years that aims to raise the percentage of cold chain logistics for fruit and vegetables to 20 per cent, meat by 30 per cent and aqua products 36 per cent by 2015. China has long been suffering from se...
Canadian Pacific Railway saw its first quarter earnings plunge 67 percent from a year earlier to nearly $36 million (U.S. dollars), reflecting the effects of severe winter weather on its system as it had warned in March. Revenue for the period of $1.2 billion was only 0.3 percent below the 2010 quarter, but costs were up 10 percent both from spiking fuel...
The global shipping and port industry needs to pull together to meet ever-changing challenges even as it continues to recover from the effects of the financial crisis, said Mohammed Al Muallem, senior vp and managing director, DP World, UAE Region in his opening address this week to the Middle East Liner Shipping Conference 2011. “Today there is a c...
Yujin International, Asia Pacific-based small range tanker operator, has unveiled expectations of lower revenue for 2010 due to lower freight rates and a weaker US dollar. The London-listed firm will announce its final results by mid-June. Yujin is also expecting a delay in the delivery of two vessels under construction at a Chinese yard due to flooding. &l...
Malaysian Bulk Carriers (MBC) is on the hunt for a bargain price for a vessel to expand its fleet this year, the company's top official said. Kuok Khoon Kuan, ceo of MBC, said the company is expecting growth in terms of asset size as there are plans to acquire more ships this year as well as rebuilding its fleet. Kuok said the shipping industry is curre...
Metso Minerals (Tianjin) International Trade Co, a global supplier of technology and services for the construction and mining industries, has awarded Kuehne + Nagel a contract for the planning, implementation and management of a new distribution centre in Shanghai. With this new contract the two companies extend their five-year partnership, Kuehne + Nage...
BEING Canada's biggest airport by area, Edmonton International plans to use its sheer size to attract non-aeronautical enterprises to its 2,800-hectare (6,918-acre) site and transform it into a major transport hub. The recently unveiled airport master plan includes a railway station, high-speed rail stop, large areas for more air cargo and its "Port Albe...
CENTRAL China's Chongqing city has signed an investment agreement with China Communications Construction Company (CCCC) to build first phase of west Chongqing's city beltway, reports Xinhua. The 30-kilometre ring road linking Tongliang to Hechuan will cost US$258 million to be spent over the next five years. It will be built by a design of four lanes de...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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