Logistics News

San Francisco COTP issues letter on fuel switching leading to problems...Nov 12, 2009

Since the implementation of the California Air Resources Board (CARB) regulations, which require ocean-going vessels to switch to low-sulphur marine distillate fuels when calling at California's ports, the Captain of the Port (COTP) in Sector San Francisco has experienced an increase in the number of vessels experiencing propulsion losses and fuel-related ...

INTERTANKO attends JPUG meeting in DenmarkNov 12, 2009

The International Association of Independent Tanker Owners (INTERTANK) has attended the fifth meeting of the Joint Pilotage User Group (JPUG) in Copenhagen, Denmark, where it was reported that for several years the statistics have shown an increase in the use of pilotage during transits of the Danish Straits, where pilotage is not compulsory but recommended...

Kingisep oil refinery to provide oil storage facilities to SPbMTSBNov 12, 2009

Kingisep oil refinery Company (KNHK, Leningrad region) that has been constructing an enterprise for about five years forwarded an offer on use of reserve tank of oil storage (up to three mln tons capacity) (in Ust-Luga port) and oil products warehouse in railway station Sala to within the complex construction project to Sergey Maslov, Head of St.-Petersburg...

Cathay cargo posts best result of 2009 - 0.8pc drop Nov 12, 2009

HONG KONG's Cathay Pacific, together with Dragonair, flew 0.8 per cent less cargo in October year on year, carrying 143,290 tonnes of freight and mail, the company announced. "October was the best month of the year for cargo with strong demand out of Hong Kong and Shanghai leading to high load factors, particularly to North America and Europe, and a welc...

Korean Air back in the black, posts profit of US$228.7 millionNov 12, 2009

SOUTH KOREA's flagship carrier Korean Air has announced a third quarter net profit of KRW264 billion (US$228.7 million), sharply up from a loss of KRW684.1 billion for the same quarter last year. For the quarter ended September 30, 2009, the airline posted an operating profit of KRW100.1 billion compared to loss of KRW25.1 billion a year earlier on a 14....

Singapore Airlines group's quarterly loss narrows to US$336 million Nov 12, 2009

THE SIA Group, the parent of Singapore Airlines, has posted an unaudited net loss attributable to share holders for the second quarter ending September 30 of S$159 million (US$114.55 million). This is an improvement on the first quarter's net loss of S$307 million, with a group statement saying, "Advance bookings indicate that demand for air travel has s...

Germany's A380 city again demonstrates size matters Nov 11, 2009

Hamburg, the German city responsible for finishing Emirates' A380 super-jumbos, has again reiterated that size matters by playing host to the largest airline lounge in Germany, and one of the largest facilities of its kind in Europe. Officially inaugurated yesterday by investment-driven Emirates Airline, the lounge is a sprawling 900 square metres and fol...

OSL – Air traffic in OctoberNov 11, 2009

In October 1,680,266 passengers travelled through Oslo Airport. This constitutes 45,231 or 2.6% fewer than during the same month last year. On domestic flights there were 411 or 0% more passengers, and on international flights there were 45,642 or 5.1% fewer passengers. The number of aircraft movements in October was 19,334. This is 1697 or 8.1% fewer tha...

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