Asian volumes fall in troubled year

Posted By Tony Sanchez / Cargo News / 0 Comments

January 13, 2020 Air cargo volumes for Asian airlines fell 5.3% during the first 11 months of 2019 compared with the same period in the previous year. The figures, released by the Association of Asia Pacific Airlines (AAPA), showed that freight tonne kilometre in November last year was 1.9% lower than in the same month […]

Liege Airport hits record 900,000 tonnes

Posted By Tony Sanchez / Airport / 0 Comments

January 13, 2020 More than 900,000 tonnes of goods was transported through Liege Airport in 2019, a new record for Belgium’s main air cargo facility. The movement of 902.480 tonnes of transported goods is a 3.6% increase compared with 870.644 tonnes in 2018. The rise is in contrast to a slowdown in the global air […]

US Blacklists Chinese Shipowner in New Sanctions against Iran

Posted By Tony Sanchez / Cargo News / 0 Comments

January 13, 2020 The Trump Administration has issued a new wave of sanctions against Iran following the escalation of tensions in the region and retaliatory missile attacks launched last week against U.S. military bases in Iraq. In the latest sanctions, the US Treasury targeted Iran’s billion-dollar metal industry and senior regime officials clamping down on the country’s […]

Nigerian Navy Rescues Three Kidnapped Sailors, Arrests One Pirate

Posted By Tony Sanchez / Pirates / 0 Comments

January 13, 2020 Following the kidnapping of three persons from a hopper dredger by pirates in the Gulf Guinea earlier this month, the Nigerian Navy has rescued the sailors in the Niger Delta, arresting one of the abductors. On January 8, special forces of the navy confronted the pirates in a marathon gun battle, the Nigerian Navy […]

Ukrainian investigators say Boeing 737 suffered blaze before crash in Iran

Posted By Tony Sanchez / Air Accident / 0 Comments

January 8, 2019 The Ukraine International Airlines aircraft which crashed shortly after take-off in Tehran had suffered an in-flight fire, according to an initial assessment by Ukrainian investigators. A video circulating on social media apparently shows the Boeing 737 on fire and breaking up in the darkness and could potentially be one of the “media […]

Swissport awarded five-year cargo contract with Lufthansa group at Brussels and Liège airports

Posted By Tony Sanchez / Logistics Company / 0 Comments

January 8, 2019 Swissport and Lufthansa signed a 5-year contract for cargo handling at Brussels and Liège airports. The agreement covers Brussels Airlines, Lufthansa and Austrian Airlines. At the end of December 2019, Swissport and Lufthansa Cargo renewed their agreement regarding cargo handling at Brussels and Liège airports. The agreement includes warehousing and cargo ramp […]

Icelandair Cargo’s 3-year FedEx and TNT deal

Posted By Tony Sanchez / Airlines / 0 Comments

January 8, 2019 Icelandair Cargo has agreed a three-year deal to handle all shipments to and from Iceland for FedEx and TNT that will go into effect early this year. Having acquired TNT in 2016, FedEx is merging the operations of TNT and is also looking to expand its operations in Iceland in co-operation with […]

Misdeclared Lithium Battery Cargo Caused Cosco Pacific’s Fire

Posted By Tony Sanchez / Sea Accident / 0 Comments

January 8, 2019 The cause of the fire in one of the cargo holds of the giant containership Cosco Pacific is the spontaneous combustion of a lithium battery cargo, which was not properly declared, China Cosco Shipping said in an update. As indicated in the International Maritime Dangerous Goods Code (IMDG Code), batteries, regardless of […]

Zeebrugge LNG Terminal Starts Transshipments Under Yamal Contract

Posted By Tony Sanchez / Cargo News / 0 Comments

January 8, 2019 Belgium’s Zeebrugge LNG terminal has commenced transshipments under a long-term contract with Yamal Trade concluded in 2015. In late December 2019, the terminal loaded the Yenisei River vessel with LNG from the newly commissioned LNG storage tank. “With the start of the long-term contract for transshipments we are taking yet another step […]

Awilco LNG Completes Ship Duo Sale and Leaseback

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

January 8, 2019 Norwegian LNG shipping company Awilco LNG has closed the previously announced 10-year sale/leaseback facility with CCB Financial Leasing (CCBFL) for two of its LNG carriers. As informed, the 156,000 cbm ships, WilForce and WilPride, have been sold for a gross consideration per vessel of USD 175 million including non-amortizing and non-interest bearing pre-paid charter hire […]