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EUROCONTROL, the intergovernmental aviation safety board, will conduct a two-day drill April 13 - 14 to simulate Iceland's Eyjafjallajokull volcanic eruption last year that shut down European airspace. Two hundred airlines, aviation authorities and meteorological bodies will take part, involving new computer models and data sharing procedures under the ...
FEDEX Express has launched a new US to South Korea service using a Boeing 777 freighter to link the company's hub at Memphis to Seoul with four direct flights a week, to meet increasing customer demand. The company said in a statement that the new route offers "faster service and larger cargo capacity" to enable it to deliver documents and packages from...
UPS has extended its next-day express delivery coverage for both packages and heavy freight to Europe from Hong Kong. The addition of four direct flights brings the total number of flights operated by the company from Hong Kong to Europe each week to 11. A company statement said the new daily direct flights will link Hong Kong with its European hub in...
CHINA SOUTHERN, the country's biggest air carrier, posted an almost 18-fold profit increase to CNY5.8 billion (US$883 million) in 2010, drawn on revenues of CNY76.5 billion, an increase of 40 per cent over 2009. Passenger volume climbed 15 per cent last year as worldwide travel took off again after the global downturn receded. Rising wages in China also ...
DB Schenker in the Philippines has opened a central facility in Manila to house under one roof the three units that had previously been located in Metro Manila, in a bid to streamline internal processes and process orders faster. The new central complex located in the Sabrina Compound in Sucat, Paranaque City provides 2,400 square metres of office space ...
CARGOTEC has secured an order for four Kalmar E-One2 rubber-tyre gantry (RTG) cranes that are to be installed in DP World's container terminal at Botany port in Sydney with delivery expected in fourth quarter. The eight-wheeled, all-electric RTGs feature load capacities of 41 tonnes and have the ability to stack containers eight + one wide and one-over-f...
KOREA's Hyundai Heavy Industries (HHI) and the Hyundai Group (HG) are fighting each other for control of Hyundai Merchant Marine (HMM), reports Bloomberg. Calling it a "divided empire", Bloomberg says that Hyundai Heavy, which owns 23.8 per cent of HMM, has rejected a plan to increase the container shipping line's preferred stock sales limit. The Hyu...
REGIONAL Container Lines (RCL), a carrier listed on the Stock Exchange of Thailand, has posted a profit of US$9.9 million for 2010 following $115.8 million loss suffered in 2009. The profit was largely delivered by a revaluation gain of $20.6 million on company properties rather than operational performance. "If the revaluation gains were excluded, RCL w...
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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