Hyundai Merchant Marine (HMM) will be entering China's general logistics market by penetrating the Shandong Province, reported MAEIL newspaper. The company announced that it has signed an Memorandum of Understanding (MOU) with the Shandong Province Communication and Transportation Group for both sea-based and land-based logistics operations. The Shando...
At least three suitors including steelmaker POSCO have joined bidding for a controlling stake in Korea Express, reported Reuters. The deal is believed to be worth about US$1.5 billion. Sale managers of South Korea's top logistics company invited 10 investors last month to sell a 37.6 percent stake held by liquidity-crunched Asiana Airlines and Daewoo Eng...
The International Bunker Industry Association announced at its Annual General Meeting on Monday 21 February, 2011, the three members who have been elected to its Board of Directors. Eugenia Benevides and Paul Dyke were elected - and John Stirling was re-elected - to the board with effect from 1 April, 2011. They will each serve for a period of three year...
DHL Supply Chain, the supply chain arm of DHL, the world’s leading logistics company, has developed an innovative solution to track and consolidate almost 25 million parts and their associated trace documents scattered over 100 locations and worth an estimated 300 million to give KPMG (as administrators of Aero) the option of managing insolvent UK fir...
A container in which an unspecified amount of guns and drugs was found has been seized by the Customs authorities in the port of Maputo, according to the daily O Pais. The daily said that the police and Customs had been alerted to the contents of the container about a fortnight ago. They had allowed the container to be unloaded, and then waited, hoping th...
Hyundai Merchant Marine (HMM) will be entering China's general logistics market by penetrating the Shandong Province, reported MAEIL newspaper. The company announced that it has signed an Memorandum of Understanding (MOU) with the Shandong Province Communication and Transportation Group for both sea-based and land-based logistics operations. The Shando...
Hanjin Shipping received its first tanker. With Hanjin Shipping’s tradition to name its ships after cities around the world, the company’s first tanker is named “Ras Tanura”, the major oil port of Saudi Arabia. “Hanjin Ras Tanura” is a Very Large Crude Carrier (VLCC) of 300,000 ton-class with a double-hull design based on...
TURKEY'S Celebi Ground Handler is to lease half of the Budapest Airport's Cargo City due for completion end of 2012, taking 7,000 square metres of warehouse and offices, and another 5,000 square metres additional space. The first phase of the air cargo centre development, adjacent to Terminal 2, will provide 26,000 square metres and more than double car...
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