Archive

Protests in Sudan over ICTSI concession

Posted By Tony Sanchez / Seaport / 0 Comments

February 4, 2019 Port workers have come out strongly against a 20-year concession contract with ICTSI. Last month it was announced that International Container Terminal Services, Inc of the Philippines (ICTSI) had signed a 20-year concession with the sea Ports Corporation of Sudan to operate the Port Sudan container terminal, though little was known about […]

Oldendorff Carriers Takes Delivery of Eco Ship Quintet

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 4, 2019 Germany-based dry bulk carrier owner and operator Oldendorff Carriers started 2019 with the delivery of five new eco ships, four of which were delivered on the same day. The ships in question are Jan Oldendorff, John Oldendorff, Julius Oldendorff, Midland Trader and Kai Oldendorff. With the new fuel-efficient ships, the company expects to […]

Intercargo: Cargo Liquefaction Still a Major Risk for Dry Bulk Shipping

Posted By Tony Sanchez / Cargo News / 0 Comments

February 4, 2019 Moisture related cargo failure mechanisms, known as liquefaction, continue to be a major concern for dry bulk shipping, according to the International Association of Dry Cargo Shipowners (Intercargo). Although there has been no reported loss of life or loss of ship attributed to liquefaction in 2018, Intercargo urged all stakeholders to remain […]

Ryanair reports 20 mln euro Q3 loss, sees fares staying weaker

Posted By Tony Sanchez / Airport / 0 Comments

January 4, 2019 Ryanair reported on Monday a 20 million euro ($22.88 million) loss in the third quarter on weaker fares, which it expects to continue throughout the year. Weak fares had led the company two weeks ago to cut its full-year profit forecast for the second time in three months. Ryanair expects its profit […]

Egyptair Cargo receives second EFW A330-200P2F

Posted By Tony Sanchez / Airlines / 0 Comments

February 4, 2019 Egyptair Cargo has taken delivery of its second EFW Airbus A330-200 passenger-to-freighter conversion, as it upgrades and modernises its fleet. The 13-year-old aircraft, MSN709 was flown from Dresden, Germany to Cairo, Egypt and ground tests and acceptance procedures were successfully finished on 31 January. The A330 replaces older A300-600P2F, and offers better […]

Panalpina rejects takeover bid from DSV

Posted By Tony Sanchez / Logistics Company / 0 Comments

February 4, 2019 Panalpina has rejected a takeover bid by DSV after its largest shareholder informed the board of directors that it does not support the proposal. DSV made an unsolicited and non-binding proposal to acquire Panalpina for 170 Swiss francs per share through a mix of cash and shares on 16 January. When making […]

Intercargo: Cargo Liquefaction Still a Major Risk for Dry Bulk Shipping

Posted By Tony Sanchez / environment / 0 Comments

February 4, 2019 Moisture related cargo failure mechanisms, known as liquefaction, continue to be a major concern for dry bulk shipping, according to the International Association of Dry Cargo Shipowners (Intercargo). Although there has been no reported loss of life or loss of ship attributed to liquefaction in 2018, Intercargo urged all stakeholders to remain […]

NYK Tests Biofuel on Dry Bulk Carrier

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 4, 2019 Japanese shipping giant NYK has conducted a trial use of biofuel in Europe on its 179,288 dwt dry bulk carrier Frontier Sky. Performed in collaboration with mining company BHP and sustainable biofuel company GoodFuels, the trial was undertaken on January 30 after the biofuel was bunkered at the port of Rotterdam, Netherlands. The […]