Archive

Qantas, Air NZ Halt Vanuatu Flights Over Runway Risks

Posted By Tony Sanchez / Airlines / 0 Comments

January 25, 2016 Qantas and Air New Zealand have suspended flights to Vanuatu due to safety concerns about its airport runway, a blow to tourism and the Pacific island nation’s recovery efforts after a cyclone last year. Read More

No bomb found on diverted Turkish Airlines flight from Texas

Posted By Tony Sanchez / Airlines / 0 Comments

January 25,2016 A Turkish Airlines flight from Houston, Texas, diverted to Shannon, Ireland, on Sunday was found to have no explosive devices on board and would take off to Istanbul soon, a spokesman for the flag carrier said. The plane, bound for Turkey’s largest city, was diverted after a piece of paper with “bomb” written […]

Saudi Arabian Airlines to raise 5 bln riyals in Islamic bonds in Q2

Posted By Tony Sanchez / Airlines / 0 Comments

January 25, 2016 Jan 24 Saudi Arabian Airlines (Saudia), the kingdom’s national carrier, plans to raise as much as 5 billion riyals ($1.33 billion) in Islamic bonds (sukuk) in the second quarter to refinance existing debt and purchase new aircraft, an airline official said. Saudia is in negotiations with local banks, the airline’s director-general Saleh […]

Schiphol Cargo nears record handle in 2015

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January 23, 2016 Europe’s third-largest cargo airport, Amsterdam Schiphol, closed 2015 with a total cargo throughput of 1.62 million tonnes, just 0.7 percent less than the record, which was set in 2014. The fourth quarter was Schiphol’s strongest, and also its first quarter of 2015 with consistent growth, which was 1.3 percent against Q4 2014. […]

Spotted: Esvagt Njord Stands Tall

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January 22, 2016 Esvagt’s newbuild offshore service vessel Esvagt Njord has been freshly launched today at Nauta Shiprepair Yard, Poland, marking the first vessel launching at the yard for this year. The partially outfitted OSV features 84 meters in length and over 17 meters in width. Read More

BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016

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January 22, 2016 Dry bulk shipping capacity of 40 million DWT will be sold for demolition during 2016, making this year the busiest year on record for shipbreaking, according to BIMCO’s forecasts. The prediction comes on the heels of a yet another miserable year start for the industry sector with eroding freight rates ranging from […]

Iran’s NITC Eyes Public Listing to Raise Cash

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January 22, 2016 Iranian crude oil transporter the National Iranian Tanker Co (NITC) is planning to publicly list the company’s shares in an effort to raise cash to ready for a comeback to the global market following sanctions lifting. Read More

Golar LNG Teams Up with Schlumberger

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January 22.2016 Golar LNG has signed a Memorandum of Understanding with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves. Read More  

United Airlines jet skids off runway at Chicago’s O’Hare airport

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January 22, 2016 A United Airlines plane carrying 179 passengers and six crew members skidded partly off the runway on Friday at Chicago’s O’Hare International Airport after arriving from San Francisco, but no one was injured, airline and airport officials said. Read More

Ex-Alaska Airlines pilot charged with flying drunk on the West Coast

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January 22, 2016 A former Alaska Airlines pilot has been charged with flying two passenger flights between California and Oregon in 2014 while under the influence of alcohol, federal prosecutors said. David Arntson, 60, was arrested on Wednesday and arraigned in U.S. court in Los Angeles on a felony charge of piloting a plane with […]