Media
Media
KUEHNE + NAGEL has been selected as the logistics provider for two new offshore oil fields in Norway, after the company was awarded a four-year contract from Eni Norge, a member of the Italian integrated energy company Eni, to provide integrated transport, forwarding and customs clearance services. A company statement said the new agreement encompasses t...
DANISH shipping giant Maersk Line is to cancel a fee due to start March 1 on all shipments transiting the Panama Canal. No reason was given for the cancellation by the shipping line of the fee it announced early February of US$20 per TEU and $40 per FEU transit fee. (Source:http://www.schednet.com)
COSCO Container Lines has raised its outbound terminal handling charges on all cargo shipments from Dubai's Port of Jebel Ali. Starting from February 15, the new THC is US$215 per TEU and US$282 per FEU for general cargo; and $285 per TEU and $385 per FEU for dangerous cargo. (Source:http://www.schednet.com)
CONTAINER spot rates on main transpacific route fell 2.4 per cent last week, which is the first year-on-year decline since January 2010, reports Drewry Shipping Consultants. Drewry's weekly container rating showed shippers facing US$1,964 rates for Hong Kong to Los Angeles FEUs for the week ending February 14, down from $2,012 a year earlier. The decl...
Freightgate, a provider of supply chain transportation solutions, and PayCargo, a leader in electronic invoicing and settlement, announced an alliance to deliver solutions that automate the validation and settlement of invoices for the ocean transportation industry. The alliance will combine Freightgate's rate management and e-invoice validation solutio...
NOL Group today reported net profit of US$461 million for 2010, representing a $1.2 billion turnaround from its $741 million loss in 2009. The Singapore-based container shipping and logistics company said group revenue reached an all-time high of more than $9 billion, up 45 percent from last year. NOL's fourth quarter net earnings were $177 million. ...
OKLAHOMA's Tulsa International Airport passenger traffic in January has increased four per cent to 200,033 passengers year on year while its air cargo shipments dropped by 2.3 per cent to 4,230 tonnes compared to January 2010. The airport, which boast the largest maintenance hub for American Airline's, saw an increase of landing and takeoffs of 12.9 per...
SEATTLE's Air Cargo Management Group (ACMG) predicts global air freight will increase 4.5 to 5.5 per cent annually, while admitting "great uncertainty" on how the market will perform given its "extreme volatility". "Assuming no major economic shock, ACMG predicts that we are entering a more 'normal' period," it said in its latest "International Air Fre...
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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