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Air New Zealand and Singapore Airlines increase capacity between Auckland and Singapore

Posted By Tony Sanchez / Airlines / 0 Comments

August 14, 2019 Joint venture partners Air New Zealand and Singapore Airlines will boost capacity between Auckland and Singapore with an additional 35,000 seats between the end of March and October, commencing in 2020. Air New Zealand will increase its frequency from 12 to 14 services per week on its Boeing 787 Dreamliner aircraft from […]

Strike suspended at Heathrow Airport as new pay offer made to 4,000 staff

Posted By Tony Sanchez / Airport / 0 Comments

August 14, 2019 UK trade union Unite says strike action proposed for 23-24 August at Heathrow Airport has been suspended after a new pay offer has been made to workers. The union adds that the ballot on the revised pay offer made by Heathrow Airport Ltd (HAL) to over 4,000 security, airside operations and passenger […]

Australia On Track to Become World’s Largest LNG Exporter

Posted By Tony Sanchez / Cargo News / 0 Comments

August 14, 2019 Australia could soon surpass Qatar as the world’s largest liquefied natural gas (LNG) exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS). Australia already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019. Within the next year, as Australia’s newly commissioned […]

Yang Ming Posts Loss Despite Growing Revenues

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 14, 2019 Driven by market challenges in container shipping, Taiwanese shipping company Yang Ming Marine Transport Corporation closed the first half of this year with a net loss. The company suffered a net loss of TWD 1.95 billion (USD 62.94 million), compared to a net loss of TWD 5.76 billion seen in the corresponding […]

Team Tankers Sells Three Units, Widens Second Quarter Loss

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 14, 2019 Chemical tanker operator Team Tankers International has revealed its deals to dispose of three vessels for a total of USD 24.9 million. In May 2019, the company agreed to sell the 13,079 dwt Sichem Paris. The 2008-built vessel was renamed Masagana and delivered to its new owner in July. It was time-chartered […]