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AirAsia X orders 12 more Airbus A330neo and 30 A321XLR aircraft

Posted By Tony Sanchez / Airlines / 0 Comments

August 30, 2019 AirAsia X – the long haul arm of the AirAsia Group – has today (30 August) finalised a firm order with Airbus for an additional 12 A330-900 and 30 A321XLR aircraft. The new contract increases the number of A330neo aircraft (pictured above) ordered by AirAsia X to 78, reaffirming the carrier’s status […]

Quebec court approves Air Canada’s acquisition of Air Transat

Posted By Tony Sanchez / Airlines / 0 Comments

August 30, 2019 The Superior Court of Quebec has granted a final order approving Air Canada’s acquisition of Transat A.T. – parent company of Air Transat. There were no objections made to the court to the application, which was approved by nearly 95 per cent of shareholders at a special meeting of Transat held on […]

FedEx acquires Latin America perishable specialist

Posted By Tony Sanchez / Airlines / 0 Comments

August 30, 2019 FedEx has strengthened its presence in Latin America’s freight forwarding and customs brokerage sectors with the acquisition of Cargex. Bogota, Colombia-headquartered Cargex has over 25 years of experience focus on export management of perishable goods, and affiliate Agencias de Aduanas Aduanamos, which specialises in customs brokerage. The acquisition is expected to close […]

CEVA Logistics doubles Ho Chi Minh City operations

Posted By Tony Sanchez / Logistics Company / 0 Comments

August 30, 2019 CEVA Logistics has officially opened its new facility in Ho Chi Minh City, Vietnam, doubling the size of its local operation. The facility is located close to the cargo terminals of Tan Son Nhat International and a short drive from the container port of Cat Lai. CEVA has had a long-established presence […]

Azul Cargo Express delivers for Mercado Libre

Posted By Tony Sanchez / Airlines / 0 Comments

August 30, 2019 Azul Cargo Express has signed a commercial agreement with Mercado Libre, making it the e-commerce company’s only air-shipping partner in Brazil. John Rodgerson, CEO of Azul says: “When it comes to shipping, customers want fast delivery and reliable service, and this is what we do best. We fly to more than 100 […]

Golar LNG Fixes New Charters, Secures USD 180 Mn Loan

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 30, 2019 Bermuda-registered shipping company Golar LNG has secured a number of charter deals and a new loan, the company said in its second quarter of 2019 financial report. Namely, Golar LNG fixed four LNG carriers on floating rate contracts and two more on fixed rate charters. Additionally, the new financing facilities will immediately […]

Drewry: Tanker Scrapping Activity to Revive before Surging in 2020

Posted By Tony Sanchez / environment / 0 Comments

August 30, 2019 Scrapping activity in the crude tanker market this year, as well as in 2020, is expected to rise with the implementation of new rules from the International Maritime Organization. Namely, the IMO’s Ballast Water Management Convention (BWMC) is likely to rekindle tonnage scrapping in the remainder of 2019, although the real impact […]

Sovcomflot Returns to Profit amid Improved Market Conditions

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 30, 2019 Russia’s shipping major Sovcomflot (SCF) reported a turnaround in the first half of 2019 attributed to success in industrial projects and improved market conditions. The company’s net profit reached USD 91 million for the six-month period ended June 30, against a net loss of USD 57.8 million seen in the same period […]

Moscow Sheremetyevo to open third runway on 1 September

Posted By Tony Sanchez / Airport / 0 Comments

August 29, 2019 Russian gateway Moscow Sheremetyevo International Airport will open a third runway on 1 September when an Aeroflot flights departs for St Petersburg. The event will be attended by the Russian Federation’s minister for transport Yevgeny Dietrich and the airport’s Mikhail Vasilenko, along with other senior political figures. Sheremetyevo’s third runway has a […]

Air Europa launches Madrid-Fortaleza route, fourth Brazil service

Posted By Tony Sanchez / Airlines / 0 Comments

August 29, 2019 Air Europa has expanded its route network into South America after adding a new service to Fortaleza, in north east Brazil. The service will begin on 20 December 2019 from the airline’s hub at Madrid’s Barajas International Airport with twice weekly flights, which will then increase to three flights a week from […]