AP set to become major sea, air logistics hub

Andhra Pradesh commanded a lion’s share of over 46 per cent in the total basket of new port projects being implemented across Indian maritime States. The port sector in Andhra Pradesh is set to receive a significant boost with the decks cleared for setting up of a second major port in the State. The proposal to set up the port, with an initial capacity of six berths...

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Turkish Cargo expects continued global growth

Turkish Cargo, the freight service of Turkish Airlines, has ambitious plans for growth, and it seeks to continue the rapid expansion it has experienced over the last several years. The cargo carrier has averaged a 20 percent growth rate over the past five years. “We have a strategy independent from market conditions,” says Mehmet Kizilkaya, Turkish Airlines’ regional...

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Ethiopian Airlines opens second cargo hub in Africa

Addis Ababa, Ethiopia - Ethiopian Airlines, which operates the largest cargo services in Africa, is to open its second cargo hub in Africa, in partnership with the Lome-based ASKY Airlines, the Ethiopian flag carrier has announced on its website. PANA reports Saturday that the new cargo hub will commence operations in September 2013 using a B737-400F aircraft.For the past three years, Ethiopian and ASKY have partnered to serve the needs of passengers travelling within, to and from West and Central...

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Russia wants to increase trade, commercial ties with Pakistan

ISLAMABAD: Russia considers Pakistan an important country of the region as it has great economic potential and wanted to increase bilateral trade and cooperation with Pakistan in diversified areas of economic activity.  Strong bilateral trade and larger cooperation between Pakistan and Russia would bring prosperity and integrity to the region. Yury M Kozlov Trade Representative of the Russian Federation in Pakistan at Islamabad Chamber of Commerce and Industry (ICCI) said, “Russia eyes Pakistan...

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Russia to build three new-generation ice-breakers for Northern Sea Route

Russia will float out a new-generation nuclear ice-breaker by 2017 with two more to follow in 2020 under a government program to ensure commercial shipping along the Northern Sea Route (NSR) – a 6,000-km Arctic waterway stretching from the Barents Sea in the west to the Bering Strait in the east. Russia is the only country with a nuclear-powered ice-breaking fleet. By the...

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Airport Tries Attracting Freight and Logistics Customers and Incentivising Cargo Charters

Space to Expand Means it's Special Offer Time for Prospective Customers  US – How to drum up more business? The eternal question for all companies whether in the logistics industry or any other, but a question especially relevant when economic times are hard. Advertising (even with the low rates charged by the Handy Shipping Guide) is one avenue but for Lambert St...

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EXCLUSIVE-China approves first Argentine GMO corn cargo -sources

BUENOS AIRES, Aug 6 (Reuters) - China has approved its first shipment of genetically modified Argentine corn, Buenos Aires-based trade sources said on Tuesday, signaling that the Asian country may eventually import GMO crops from other producers like the United States. The sources said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed. Benchmark Chicago corn futures fell briefly...

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Abu Dhabi cargo portal planned

Etihad Airport Services – Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the Singapore-based Cargo Community Network (CCN) to roll out a new information technology platform for the Abu Dhabi cargo community called Cargo Community Service (CCS).  The service is designed to facilitate air cargo booking and shipment processes for Abu Dhabi-based freight...

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E-commerce boost for Abu Dhabi air cargo community

Abu Dhabi: Etihad Airport Services — Cargo (EAS-Cargo), a subsidiary of Etihad Airways, is working with the Singapore-based Cargo Community Network (CCN) to roll out a new information technology platform for the Abu Dhabi cargo community called Cargo Community Service (CCS). The one-stop service is designed to help air cargo booking and shipment processes for Abu Dhabi-based freight forwarders and clearing agents by linking them directly with air cargo carriers, ground handlers and third...

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EU to enter talks with China on ending its anti-dumping wine probe

CHINA and the European Union continue to negotiate anti-dumping probe of European wine exports which amounted to 257.3 million litres in 2012, valued at US$1 billion, half of which were from France. A decision to drop the wine anti-dumping probe is unconfirmed with a latest report from Reuters citing law firm's continued investigation into the Chinese industry association's complaint. However, discussion is a sign that Europe's most important trading partner is willing to ease tensions. The...

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Seaport operations company loads landship during training

JOINT BASE LANGLEY-EUSTIS, Va. - With clear, blue sky above and the hot afternoon sun shining down on the Vissering Landship Training Facility here, the 390th Seaport Operations Company out of Ceiba, Puerto Rico, is hard at work. The soldiers of the 390th SPOC are conducting their yearly Extended Combat Training exercise to learn new skills and refresh current skills as...

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Piracy and its Effect on Global Trade

Dr. Jamal Sanad Al-Suwaidi, Director General of the Emirates Center for Strategic Studies and Research (ECSSR), contends that over the last ten years, the Gulf of Aden and the Arabian Sea have reached high levels of piracy, lending to increased risk for the maritime shipping industry. At Tuesday’s international symposium entitled: ‘The Challenges of Piracy in the Gulf of Aden and the Arabian Sea,’ he highlighted the issue. “The risks of such crimes taking place are exacerbated by links to organizations...

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GMS Offers Valuable Service for Retired Vessels

Being as controversial as it is, the practice of shipbreaking is relinquishing its role to more productive means of retiring used vessels. One of these means is ship recycling. One of the most prominent companies in this industry is GMS LeaderShip, a company with a global office disposition that conducts cash buys of ships in order to recycle them or sell them to other companies that do. So far, GMS has negotiated the recycling of about 2,000 vessels, making them the premier company in the industry...

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Future Expansion of Malaysian Ports

Kuantan Port in Malaysia is expected to grow exponentially in the coming years. A partnership between IJM Corp Bhd and its subsidiary Kuantan Port Consortium Sdn Bhd (KPC), as well as China’s Guangxi Beibu Gulf International Port Group will facilitate the expansion. The final design of the project is due in October; the partners have agreed to expand the facility with 16 extra meters of draft alongside the new facility’s berths to help support trade to and from the adjacent Malaysia-China Kuantan...

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Peak Season Surcharge for All Imports to Vostochniy, Russia

The shipping industry experienced a flux of increased freight rates.  This is due to the year before showing exceptionally low freight rates where shipping companies lost billions of dollars due to overcapacity.  The consequence of this was a 2012 that saw many companies looking for ways to increase their rates to meet costs on ocean freight. This phenomenon has manifested itself in many companies increasing previously implemented or implementing peak-season surcharges.  One of...

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US: Stricter cargo security to cost airlines $2.8m a year

The new measures, which include more scanning, might usher an increase of the maximum prices for flying shipments or the introduction of a security fee on exporters.The price for sending air freight overseas could soon rise due to stricter US security demands that could halt flights to the United States if not carried out. The companies affected would be El Al Israel Airlines, United Airlines, Delta Air Lines and US Airways.   Source: http://www.freshplaza.com/news_detail.asp?i...

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Mideast carriers see freight volumes up 12.7pc

Middle Eastern airlines saw a continued robust expansion of demand in June with freight volumes growing by 12.7 per cent year-on-year, said a report released by the International Air Transport Association (Iata). The consistent high growth in recent years, as the region’s carriers take advantage of the geographical position of the Middle East, has led to a substantial...

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Slow growth in China hits Asia-Pacific air freight performance with June volume down 1.8%: IATA

CHINA'S ECONOMIC slowdown has dampened air-freight demand throughout Asia and the Pacific as regional carriers' business volume in June contracted 1.8 per cent year on year, according to the International Air Transport Association (IATA). In the first half, volume dropped 2.3 per cent.To the organisation representing some 240 airlines comprising 84 per cent of global air traffic, this is the weakest performance among the regions and reflects the broad impact of the slowing growth of Chinese...

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