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SINGAPORE's Changi Airport has announced the arrival of Finnair to the Lion city to operate daily non-stop flights between Singapore and Helsinki. Helsinki is Changi airport's fifth new city link this year following the commencement of flights to Nanning, China (China Eastern Airlines); Pekanbaru, Indonesia (Silkair); Redang, Malaysia (Berjaya Air) and ...
CATHAY Pacific says a third runway at Hong Kong International Airport (HKIA) would be important not only for the carrier and the aviation industry, but also for the long-term stability of the Hong Kong economy. Speaking in Australia, Cathay's new chief executive John Slosar told a National Aviation Press Club luncheon in Sydney that Hong Kong's airport ...
DUBAI Trade and the National Association of Freight and Logistics (NAFL) have been discussing plans for an alliance aimed at further growing the freight forwarding and logistics industry in the UAE. At an open forum, Dubai Trade and the NAFL talked about possible synergies in fields that have direct impact on the local freight forwarding community, such a...
DAMCO has started offering a packaging optimisation service for cargo shipments, which it says could save customers 10-20 per cent of the total supply chain cost. "In most companies packaging remains a stepchild even though the potential for cost savings is massive," said Erling Johns Nielsen, global head of supply chain development. "Very few companies f...
INDONESIAN shipping line PT Pelayaran Meratus has acquired the 1,404 TEU Meratus Medan 3 from Zodiac Maritime, following its purchase four months previous. The vessel will be its largest in its fleet of 20,950 TEU which was at latest count 97 per cent owned. It will be deployed on the Meratus Line's domestic services around Jakarta and Surabaya, which c...
HORIZON LINES, America's biggest ocean carrier, must face a possible delisting on New York Stock Exchange (NYSE) because its market capitalisation and stockholder equity has fallen below listing requirements. But Horizon said it will submit a plan to the NYSE on how it will restore financial compliance. If accepted, the carrier will have up to 18 months ...
DP WORLD Limited announced it has been listed on the main board of the London Stock Exchange in addition to its listing on Nasdaq Dubai. DP World chairman Ahmed Bin Sulayem said this "marks another milestone in our history as DP World becomes the first Dubai Company to obtain a premium listing on the London Stock Exchange. This is a very proud day for the...
IT is forecast that the supply of container shipping boxes will not be in such short supply this year as last year. According to a Drewry Supply Chain Advisors the manufacture of containers recommenced in 2010, but it "has not yet been sufficient to bring worldwide availability to the required ratio of 1.9 containers per slot." It also said in its Logi...
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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