Logistics News

Italy's air freight carrier Cargoitalia signs Hactl Sep 17, 2009

ITALY's new all-cargo carrier, Cargoitalia, has appointed Hong Kong Air Cargo Terminals Limited (Hactl) as its ground handler in Hong Kong. Cargoitalia and Hactl held an inaugural ceremony at Hactl headquarters at SuperTerminal where more than 100 guests including dignitaries and members of the Hong Kong air cargo community attended. Cargoitalia's fir...

Cathay to sell 12.4pc of HAECO to its major shareholder Swire Sep 17, 2009

HONG KONG's Cathay Pacific Airways announced plans yesterday to sell 12.45 per cent of its maintenance unit, Hong Kong Aircraft Engineering Company Limited (HAECO), for HK$1.9 billion (US$245.1 million) to Swire Pacific, which already holds 42 per cent of the airline. "The transaction will bring clear advantages for all parties concerned," said Cathay ch...

Cathay in leaseback deal for 19 Boeing 777s with Bank of China unit Sep 17, 2009

HONG KONG's Cathay Pacific has announced it has signed an agreement with the aircraft leasing company BOC (Bank of China) Aviation for the sale and leaseback of six of the 19 Boeing 777-300ER aircraft the airline has on order. The aircraft are to be delivered between the fourth quarter of 2009 and the second quarter of 2011 said a Cathay statement, addin...

New Orleans to host breakbulk conference October 13-15 Sep 17, 2009

THE annual Breakbulk Transportation Conference and Exhibition will take place October 13 to 15 at the Ernest N Morial Convention Centre in New Orleans. This year's event will feature the industry's biggest collection of exhibitors and two days of panels that will examine the breakbulk sector, its key emerging markets and regions where the breakbulk indu...

NYK Logistics to deliver Kia Motors' parts in Belgium, Luxembourg Sep 17, 2009

NYK Logistics has signed a contract with Korea's Kia Motors Corporation to make night deliveries of after-sales spare parts to 90 dealers across Belgium and Luxembourg. The annual contract will involve 15,000 deliveries a year, reported London's International Freighting Weekly. (Source: Schednet)

Internal probe finds Canada's rail freight inspection inadequate Sep 17, 2009

MEASURES currently in place for inspecting thousands of shipping containers entering Canada each year by rail are found to be failing to adequately check for contraband and illegal goods. "The amount and level of targeting has decreased due to a lack of resources," cited an August Treasury Board review of a border screening programme known as "Winfall" th...

Russia’s oil export down 0.1% to 142.8 mln t in Jan-July 08 Sep 17, 2009

In January-July 2009, Russia exported 142.8 million tonnes of oil (-0.1%, year-on-year), Federal State Statistics Service reports. In the reported period, oil production increased by 0.3% to 284.1 million tonnes while the sale at internal market fell by 0.5% to 136.2 million tonnes. The share of export in total production makes 50.3%. Source: Port News

Axell Wireless and Kapsch CarrierCom win extended contract with Austri...Sep 15, 2009

Axell Wireless, the wireless coverage specialist, has won its second project in conjunction with systems integrator Kapsch CarrierCom to install a wireless train communications system in the Innsbruck by-pass tunnel in Austria. The deal, worth €1.8 million, follows on the successful deployment of a multiband wireless system with Austrian rail operator ...

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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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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