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Korean Air has launched a twice a week cargo service to the Russian city of St Petersburg. The Seoul Incheon-St Petersburg freighter will operate on Wednesday and Friday, using a Boeing 747-400F with a hundred tonne of capacity. KE593 departs Seoul Incheon at 20:55pm and arrives in St Petersburg at 00:15am the following day. The returning freighter, K...
Disruptions to production in Japan following this month's catastrophe have so far not had a major impact on the amount of freight leaving the country by air, the head of Lufthansa Cargo said. "On the cargo side, we have not seen any dramatic decline in freight being loaded," chief executive Karl Ulrich Garnadt said during the annual press conference, rep...
Thailand-based dry bulk cargo specialist Precious Shipping has sold three small dry bulk ships ordered at India’s ABG Shipyard in 2007 to a third-party buyer after the Indian shipbuilder slipped on delivery schedules. The three ships were part of the 18 ordered by Bangkok-based Precious Shipping at ABG at a total cost of $518m with deliveries starti...
Steel pipemaker Jindal Saw is in talks to acquire a logistic firm that operates container trains and owns terminals for about US$33.33 million and expects to close the deal in three months. “We are planning to acquire a company in this space which has terminals at critical locations. At that level, we would probably become India's only multimodal l...
Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha, and Orient Overseas Container Line will launch a direct Vietnam call at Cai Mep (Vung Tau) deepwater port on Loop D Asia-Europe service on March 30. The direct Vietnam coverage on LPD will provide a competitive 21-day transit time from Cai Mep (Vung Tau) to Southampton, and will offer an additional ...
CMA CGM is upgrading its EPIC service between India, Pakistan, the Middle East and North Europe that directly serves five ports. This will see a new westbound call at Port Said from March 30 to significantly improve transit times to the eastern Mediterranean, reducing the trip by four days to Lattakia (Syria) and Istanbul (Turkey), six days to Mersin (Tur...
According to an Alphaliner report, the direct impact of the Japanese crisis from the earthquake and tsunami of March 11, 2011 and the subsequent damage of the nuclear plants at Fukushima will reverberate on the container shipping sector in the coming months. The current assessment of the situation in Japan has been sketchy and often conflicting, with new...
KOREAN Air has placed orders for two new Boeing 747-8 freighters, worth US$639 million at current list prices. The airline now has seven B747-Fs on order, including this one. The carrier has at present 27 Boeing freighters in its fleet, reports London's International Freighting Weekly. The B747-8 freighter is capable of carrying up to 140 tonnes, whic...
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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