Media
Media
BUDAPEST Airport freight volume increased 32 per cent to 82,638 tonnes in 2010, reports the UK's Transport Intelligence. Its new Cargo City, now under construction, is expected to be built in late 2012. The airport is served by 53 cargo operators from Cargolux, which added a fifth weekly Hong Kong 747-400F flight last year, and El Al to the major integra...
THE United States is lifting the ban on air freight from Yemen entering the US, "according to regulations and specific conditions without any hindrances," reports Yemen News Agency SABA. The US ambassador to Yemen Gerald Feierstein informed Yemen's Minister of Transport Khalid al-Wazir of the decision during a meeting. The move was prompted by the fin...
EXPORTING freight from India costs shippers US$13 million to $15 billion annually, according to government estimates. India's Minister of State for Commerce Jyotiraditya Scindia said that infrastructure and red-tape accounted for $6 billion of the total expense, prompting the authorities to pledge a lowering of transaction costs for exporters, reports L...
DP WORLD has announced that India's first dedicated container transshipment hub, the International Container Transshipment Terminal at Vallarpadam (ICTT) in Cochin Port, is now open. But despite the gala ceremony, where Prime Minister Manmohan Singh was guest of honour, the opening was less than complete, reports London's International Freighting Weekly...
Eni Norge has awarded a 4-year contract to Kuehne + Nagel to provide integrated transport, forwarding and customs clearance services. Eni Norge is part of the Italian integrated energy company Eni and operates in oil & gas exploration and production. The new agreement encompasses the provision of logistics services to Eni Norge for the development, dr...
The International Air Transport Association (IATA) announced the successful conclusion of its Vision 2050 meeting in Singapore. In total thirty-five strategic thinkers gathered in Singapore under the inspirational leadership of Singapore's Minister Mentor Lee Kuan Yew and benefitting from the competitiveness expertise of Harvard University's Professor Mi...
Qantas Airways Ltd has rejected claims made by the Australian and International Pilots Association (AIPA) about Qantas pilots' job security being under threat, saying they are "completely unfounded," according to the Shipping Gazette. The threat of industrial action from AIPA comes during ongoing negotiations with Qantas management, including CEO Alan Jo...
Varun Shipping returned to the black in its third quarter results with a net profit of Rs118.2m ($2.6m) compared to a loss of Rs13.8m in the same quarter the previous year. The Mumbai-listed firm, however, lost out on revenue as it reported a 7.9% decline to Rs2.2bn for the quarter ended 31 December 2010, compared to Rs2.39bn in the same quarter of 2009....
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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