Media
Media
Singapore's Global Logistic Properties (GLP), which owns warehouses and other logistic assets, has entered into a joint venture to develop a logistics park in Suzhou, China worth a total of US$156.79 million, reported Reuters. The park will be jointly developed with Suzhou New District Bonded Logistic Centre Development, who owns 10 percent of the joint ...
DUBAI's GAC logistics has launched its GAC Console service, a new direct import consolidation service for shipments from the Far East to expand its intra-regional coverage cutting shipment time to 15 days, compared to 22-25 days when sent via Singapore. The new service offers a direct, weekly service which enables cargo from Shanghai, Shenzhen and Ningbo...
CHARTER Link Logistics Limited, a specialist in supply chain management and consolidation service, is going to open a new office in Guangzhou on March 1. "The opening of Guangzhou office signifies our completeness of south China network, enabling us to offer a more comprehensive and efficient consolidation service covering almost the whole south China reg...
MAERSK's stand-alone forwarder, Damco, has posted pre-tax profits of US$85 million in 2010, up 88 per cent year on year, drawn on revenues of US$2.7 billion. The forwarding and logistics giant handled 610,000 TEU, up 18 per cent year on year with an increase of 24 per cent year on year in air freight of 75,000 tonnes. "We are pleased with our result fo...
South Korea's ministry of knowledge economy is setting aside KRW300bn ($267m) in the next 10 years to pursue knowledge on constructing eco-friendly ships. The ministry said Thursday that developing 'green' technology for ships is imminent as the IMO has been actively looking at regulations on reducing emissions. Of the total of KRW300bn, KRW194bn will...
CMA CGM, the world’s third largest container shipping Group, is offering a one-of-a-kind experience to journey across oceans, seas and continents on a "Cargo cruise", Exim News Service informs. With this original means of transport, passengers can immerse themselves in life on board and discover the world of merchant shipping. In 2010, 690 people ch...
CMP is now commencing its move to Norra Hamnen (Northern Harbour). The ferry traffic will be first to transfer, and in mid-May Finnlines’ RoPax ferries will start using the new terminals. Kombitrafiken – which handles goods via rail – will move to Norra Hamnen at around the same time. A total of around SEK 900 million has been invested ...
JILIN provincial authorities plan to build the largest agricultural produce logistics park in the north eastern province, Xinhua reports. The facility will be built in Changchun city. It will have generated a trading volume of CNY16.8 billion (US$2.6 billion) a year. A Beijing company, has invested CNY3.2 billion (US$486.3 million). It is planned to c...
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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