Archive

Uganda Has Big Plans for New National Airline About to Take Off

Posted By Tony Sanchez / Airlines / 0 Comments

August 8, 2018 Uganda’s fledgling national airline will be a candidate for an initial public offering and closer cooperation with other carriers if the launch goes as planned. Uganda Airlines, which last month signed deals for Airbus SE wide-body jets and Bombardier Inc. regional planes, is due to begin operating 19 routes in January, Transport […]

Hong Kong’s Cathay Pacific posts narrower H1 loss

Posted By Tony Sanchez / Airlines / 0 Comments

August 8, 2018 Hong Kong’s Cathay Pacific Airways Ltd on Wednesday swung to a narrower half-year loss, in a sign its transformation programme designed to cut costs and lift revenue was paying off. The airline, which last year posted its worst loss for the January-June period in at least 20 years, reported a HK$263 million […]

Air France KLM’s July traffic figures rise from last year

Posted By Tony Sanchez / Airlines / 0 Comments

August 8, 2018 Air France KLM, which has been hunting for a new boss after costly strikes caused the departure of its previous chief executive, reported higher traffic figures for July from a year ago. The airline said the group overall – including the Air France KLM, HOP and Transavia brands – carried 9.8 million […]

China Eastern to connect Gatwick with Shanghai

Posted By Tony Sanchez / Airlines / 0 Comments

August 8, 2018 Gatwick Airport is gaining another long-haul connection with the launch of flights to Shanghai in December operated by China Eastern Airlines. Shanghai has been the showpiece of China’s dramatic economic growth and is a global financial centre. It drives growth in the Yangtze River Economic Zone, a region accounting for 20 per […]

IATA: Growth slows in June as world trade deteriorates

Posted By Tony Sanchez / Cargo News / 0 Comments

August 8, 2018 The growth in global airfreight demand continues to slow with freight tonne kilometres increasing by 2.7 per cent in June, the International Air Transport Association (IATA) says. The association says this continues the slowdown that began earlier in 2018, with growth for the first half of the year standing at 4.7 per […]

DHL keeps its cool to move four 140 ton waste heat boilers

Posted By Tony Sanchez / Cargo Airlines / 0 Comments

August 8, 2018 DHL Global Forwarding has chartered the Antonov AN-225 to help transport four waste heat boilers from Germany to Saudi Arabia. The multi-modal movement is being handled by DHL Industrial Projects, a unit of DHL Global Forwarding specialising in safe and reliable transport for oversized and heavy-lift cargo. Four boilers weighing 140 tons […]

Volga-Dnepr extends One Belt, One Road with partners in Henan

Posted By Tony Sanchez / Cargo Airlines / 0 Comments

August 8, 2018 Volga-Dnepr Group, Henan Airport Group and Zhongyuan Asset Management have signed an agreement to expand the ‘One Belt, One Road’ cooperation in the province. The ‘One Belt, One Road’ initiative was announced by the president of China, Xi Jinping in 2013 to develop international cooperation between China and other countries through creating […]

MSI: Container Charter Earnings Level Off in July

Posted By Tony Sanchez / Cargo News / 0 Comments

August 8, 2018 After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets in the container shipping sector, the research and consultancy firm Maritime Strategies International (MSI) said. Following an impressive run since the end of 2017, time charter earnings have levelled off in recent weeks, […]

ABS, Arcadia Shipmangement Reach Deal Related to 15 Tankers

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 8, 2018 Greek shipping company Arcadia Shipmanagement and classification society American Bureau of Shipping (ABS) have reached a deal related to a 15-tanker strong fleet. Namely, the shipping firm selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Program to further enhance the reliability of its tanker fleet. “Arcadia Shipmanagement’s implementation of the ABS […]

New Scrubber-Fitted Tanker Delivered to Navig8

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 8, 2018 UK-based shipping company Navig8 Group has set up Navig8 Product 2020, a new platform dedicated to scrubber-fitted tankers. The new company, which focuses on the transportation of CPP, will operate eight LR2 tankers to be fitted with scrubbers. The first of these units, named Navig8 Pride LHJ, was handed over from Chinese shipbuilder New Times Shipbuilding to the company on August […]