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On March 9th, 2011, COSCO Hong Kong held a party to celebrate the 50th Anniversary of COSCO at the Hong Kong Convention and Exhibition Centre. Mr. Donald Tsang, the Chief Executive of HKSAR Government, Mr. Huang Lanfa, Deputy Director of Liaison Office of the Central People's Government in HKSAR, Mr. Li Yuanming, Deupty Commissioner of Commissioner's Offi...
Cargotec has won a contract to supply two sets of MacGregor anchor-handling systems for two anchor-handling tug /supply / oil recovery vessels under construction at a Chinese Shipyard for a Singaporean owner. The anchor-handling equipment is scheduled for delivery at the end of 2011 and it will be manufactured at Cargotec's facilities for offshore load han...
Turkish Airlines may take a majority stake in Serbia's indebted JAT Airways, reported Reuters. "We, as Serbia, gave a free hand to Turkish Airlines to buy as much of a stake as it wants," Serbian Minister Sulejman Ugljanin told reporters on the sidelines of a meeting of the Turkish-Serbian Business Council in Istanbul, adding it could be a majority. Ug...
JANUARY was the first month that the Mainland-Taiwan Economic Cooperation Framework Agreement (ECFA) Early Harvest Programme took effect, affecting more than 360 lots of cargo, which enjoyed tariff cuts at the Shanghai customs, Xinhua reports. Shanghai customs' statistics show that there are 226 lots of imports, valued at US$170.4 billion, which enjoyed ...
ASIA'S largest industry and logistics facility provider ProLogis has signed a deal with Banan district of southwestern China city Chongqing on building the city's largest distribution centre there, Xinhua reports. The facility will cover 35 hectares and cost CNY680 million (US$103.6 million). Its development will be divided into two phases. The project...
France Telecom has teamed up with Kuwait logistics company Agility to buy a 44 percent stake in Iraq's mobile telephone operator Korek Telecom as part of the French group's strategy to expand its presence in emerging markets, reported Dow Jones Newswires. France Telecom will pay US$245 million for a 20 percent indirect stake in Korek Telecom, the French...
Toll Global Forwarding is targeting significant growth in the global air freight sector in 2011 following its strategic acquisitions and the recent announcement of senior management appointments. Toll Global Forwarding has traditionally been weighted towards ocean freight but during the last 12 months has moved to strengthen its air freight division. ...
Shipping line Safmarine has recently celebrated the double opening of the Kakinada Maritime Community Centre and the ITF Seafarer Centre in the port of Kakinada in India. These centres, which aim to equip the local seafaring community with the necessary resources needed in the maritime industry, were opened on March 5th, 2011. The main supporters of thi...
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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