Logistics News

LNG prices to decrease as supply continues to exceed consumption Aug 18, 2009

According to Edinburgh-based Wood Mackenzie Consultants, the combination of record surplus and lower prices in the LNG sector has led to smaller profit margins for LNG producers. Frank Harris of the consultancy said that new projects in Qatar, Yemen and Indonesia would reach capacity in 2010 and that ventures planned for 2015 to 2020 may be forced to sell...

Round the clock power unavailable till 2013 Aug 18, 2009

Getting round-the-clock uninterrupted power supply will be impossible for the industries in the state till 2013, the Times of India reported. Till then the industrial development department will try to convince the government to ensure that the industries are getting uninterrupted power supply for at least 16 hours, five days a week. Principal secretary...

Vietnam Railways to use Japan's bullet train technology Aug 18, 2009

State-owned Vietnam Railways has announced that it will use Japan's bullet train technology on its planned $56bn Hanoi-Ho Chi Minh City rail line, according to Railway Technology. The country may seek funds for the project from Japan's official development assistance programme as well as from the Asia Development Bank and World Bank. The work on the 1,...

Nine trans-European rail freight corridors identifiedAug 18, 2009

Nine trans-European rail freight corridors were identified in a meeting of EU ministers in July 2009, including the 'Mediterranean Corridor', from Almeria to Perpignan via Valencia and Barcelona and another route from Lisbon and Algeciras to Madrid and Irun, Logistics Finland reported. Commentators have noted that work on the Almeria to Murcia high speed ...

New passenger processing standard gets green lightAug 18, 2009

A new standard in passenger processing has arrived with the announcement today that SITA is the first platform provider to achieve CUPPS (Common Use Passenger Processing System) compliance certification and to successfully complete its CUPPS Pilot program. The SITA CUPPS Pilot started in January 2009 at Orlando International Airport with the check-in and ...

Etihad set to fly to Hyderabad in November Aug 18, 2009

Etihad Airways, the national airline of the United Arab Emirates, is to boost its Indian flying programme with the addition of Hyderabad to its expanding global network. Etihad will make it easier to fly to Hyderabad from November, with a service initially running four times per week to the state capital of Andhra Pradesh. From the start of 2010 the non-sto...

Boeing names new general manager for Portland siteAug 18, 2009

Perry Moore has been named general manager of Boeing Fabrication's Portland manufacturing site, effective immediately. In his new role, Moore also serves as the site executive within the State of Oregon working with government and community agencies and representing Boeing. Moore reports to Ross Bogue, vice president and general manager of Boeing Fabricati...

JAL Group traffic results for 2009 summer vacation period Aug 18, 2009

Japan Airlines Group announced its international and domestic passenger traffic results for the Japanese summer vacation period that stretched from August 7 to August 16 this year. The international passenger traffic on JAL Group flights during the 10-day period is 347,209, down by 4.5% on the same period last year. However, the number of passengers that ...

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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