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The International Air Transport Association (IATA) reported international scheduled traffic results for November 2009. Passenger demand was up by 2.1% compared to November 2008 while freight demand recorded a 9.5% improvement. Passenger load factors remain at pre-crisis levels of 75.4% while freight load factors stood at 56.6%. The improvement trends for b...
On 29 December 2009 the general meeting of Finavia Holding Oy elected a Board of Directors for Finavia Oyj, the state-owned company starting operations on 1 January 2010. The Board’s term will begin on 1 January 2010. The Board chairman of Finavia Oyj will be Honorary Mining Counsellor Mr Seppo Paatelainen. The other Board members will be Ms Pirkk...
Kawasaki Kisen Kaisha, Ltd. ("K" Line) decided at a board meeting to assign Hiroyuki Maekawa, the company’s present President and CEO, to Chairman of the Board and Kenichi Kuroya (pictured), Managing Director of “K” Line Pte Ltd, to the company’s President and CEO as of April 1, 2010. Mr. Kuroya will become a Vice President...
China Shipping Container Lines Co has said it will raise rates Asia-US rates on the containers by $300 per feu on Jan. 1. This is in addition to the $400 per feu hike that it and other Members of the Transpacific Stabilization Agreement agreed on December 22 to introduce as a voluntary ‘emergency revenue charge’ from January 15 until new contrac...
Container throughput at Shanghai port this year may drop 14% from 2008, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said yesterday, reports China Daily. The city's container throughput in 2009 will be about 24m teu, according to a preliminary estimate by the port authority, lower than last year's 28m teu. Shanghai was the ...
The state-run Administration of Sea Port of Kaliningrad announced its "Regulation for interaction of ship traffic management and control of the navigation situation of ASP Kaliningrad with services of ships traffic and pilots of "Rosmorport” in the port waters” come into effect from 1 January 2010, the port press release reads. In connection w...
Throughput of the largest European port of Rotterdam in 2009, according to preliminary year-end figures, has dropped 8,5% compared with last year - to 385 million tones, the port authorities said. Import cargoes turnover declined by 13% - to 272 million tones, while export cargoes increased by 5% - up to 113 million tons. The volume of transshipment of ...
STX Group is aiming for 1 trillion won (some $850 million) in operating profit in 2010 as the group expects to see a recovery in the shipbuilding and shipping sectors. It also aims to record 25 trillion won ($22 billion) in total sales and 33 trillion won in orders in the new year capitalizing on new growth sectors ― plants, construction and energy, the gr...
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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