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Antonov tests new tyres for AN-124 and AN-225

Posted By Tony Sanchez / Cargo News / 0 Comments

October 6, 2016 Antonov has undertaken test flights with tyres developed by Dunlop Aircraft Tyres to equip to its fleet of AN-124s and the AN-225 Mriya. The test programme included flights with take-off weights of 340, 360 and 402 tonnes with different CG limit positions. The take-offs and landings were performed within the limits of […]

DHL Disaster Response Team assist in Haiti following Hurricane Matthew

Posted By Tony Sanchez / Airlines / 0 Comments

October 6, 2016 Deutsche Post DHL Group has sent its Disaster Response Team (DRT) to Haiti to coordinate international aid in the aftermath of Hurricane Matthew. Volunteers have been providing logistics support to manage incoming aid at Toussaint L’ouverture International Airport in Port-au-Prince after the Southwest coast was hit by 145mph winds during the worst […]

Cargolux strengthens pharma product with va-Q-tec container deal

Posted By Tony Sanchez / Airlines / 0 Comments

October 6, 2016 Cargolux Airlines International has strengthened its CV Pharma product by signing a global rental agreement to use va-Q-tec advanced passive containers. It says the va-Q-tec thermal containers enable enhanced cool chain transportation without temperature deviation from production site to consignee. Cargolux started flying to Aguadilla in Puerto Rico last month mainly to […]

Pacific Basin: Vessel Earnings Outperform Market Indices

Posted By Tony Sanchez / Cargo News / 0 Comments

October 6, 2016 Hong Kong-listed dry bulk shipping company Pacific Basin Shipping said that its vessel earnings outperformed the dry bulk freight market indices in the third quarter of 2016, which improved for all bulk carrier types from the historically low base recorded in the first quarter. The company generated average Handysize and Supramax daily […]

Stolt-Nielsen Sees Drop in Net Profit

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

October 6, 2016 Oslo-listed shipowner Stolt-Nielsen reported a net profit of USD 22.2 million in the third quarter of 2016, down from USD 37.8 million seen in the second quarter of the year. Revenue for the period slightly decreased to USD 474.1 million, from a revenue of USD 478.9 million reached in the previous quarter. […]

ACP Opens More Booking Slots for Neopanamaxes

Posted By Tony Sanchez / Cargo News / 0 Comments

October 6, 2016 Over three months after the inauguration of the expanded waterway, the Panama Canal Authority (ACP) said that it will begin offering additional booking slots for Neopanamax vessels effective October 10, 2016. Namely, two additional bookings slots, one per direction, will be offered daily to Neopanamax full containerships during the tiebreaker competition of […]

Air Berlin in talks to merge leisure airline unit with TUIfly

Posted By Tony Sanchez / Airlines / 0 Comments

October 5, 2016 Lossmaking Air Berlin , Germany’s second biggest airline, is in talks to merge its leisure travel business with that of travel and tourism giant TUI’s German airline TUIfly, the airline said on Wednesday. Air Berlin, which has made a net loss in seven of the last eight years, is trying to expand […]

TPG, BlackRock show early interest in Sri Lankan Airlines stake: sources

Posted By Tony Sanchez / Airlines / 0 Comments

October 5, 2016 Private equity firm TPG and fund company BlackRock Inc. are among half a dozen firms which have shown preliminary interest in a 49 percent stake in loss-making SriLankan Airlines Ltd, people familiar with the matter said. They said Sri Lanka is looking to sell the stake in the national carrier along with […]

C.H. Robinson opens global forwarding office in Vancouver

Posted By Tony Sanchez / Logistics Company / 0 Comments

October 5, 2016 C.H. Robinson continues to expand its Global Forwarding division by opening a new global forwarding office in Vancouver. The new office will be led by Sohrab Kazerooni, who has been with the company for the past five years. The forwarder says Vancouver is a strong commercial market, was strategically chosen as the […]

IATA: Air cargo improving after slow start to year

Posted By Tony Sanchez / Cargo News / 0 Comments

October 5, 2016 The air cargo industry has improved since the slow start to the year, with all regions except Latin America seeing freight tonne kilometre (FTKs) growth in August though load factors remain at historic lows. The International Air Transport Association (IATA) says FTKs are up 3.9 per cent in August though available FTKs […]