LATEST NEWS

  • 23 Jul 2019 1:13 PM | Anonymous

    Original news was published on 23 July 2019

    Portugal has revealed a major investment in the expansion of the country’s Port of Sines as part of the agreement to extend its concession for another 20 years.

    Up to EUR 547 million (USD 613.5 million) would be injected in the port, located in the southwest of Portugal, during the extended concession agreement with PSA Singapore, that was signed for the period from 2029 to 2049.

    The deal, reached on July 17, includes the completion of the third phase of expansion of Terminal XXI.

    The planned investment would be undertaken over the term of the concession agreement, which includes not only the expansion of the mooring berth and its associated handling equipment, but also the maintenance, replacement and renovation of equipment already installed in the previous phases.

    With these investments, Terminal XXI will offer a dock front of 1,950 meters in order to allow the simultaneous mooring of four latest generation containerships.

    The port’s storage area would also be increased from the current 42 hectares to 60 hectares, upgrading installed capacity from the current 2.3 million to 4.1 million TEU, the port explained.

    The project would see the addition of nine super post-Panamax cranes at the facilities.

    *NEWS SOURCE

  • 18 Jul 2019 12:11 PM | Anonymous

    Original news was published on 16 July 2019

    The Mexican government is upgrading the Port of Manzanillo, one of the country’s main Pacific Ocean ports, with four new terminals.

    The terminals will include a specialized container facility with capacity to handle 1.75 million TEUs per year, another for agricultural bulk, one more for mineral bulk and one specialized for hydrocarbons.

    As understood, the government expects to source around MXN 23.5 billion (USD 1.2 billion) from public and private entities to fund the project.

    The authorities have already undertaken dredging of the navigation channel and other environmental works in the northern area of ​​the port.

    During the first five months of this year, Port of Manzanillo handled 13.5 million tons of cargo and 1.24 million TEUs, an increase of 1.2 and 4.8 percent, respectively, compared to the same period last year.

    *NEWS SOURCE

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  • 16 Jul 2019 5:02 PM | Anonymous

    Original news was published on 15 July 2019

    Turkish Cargo has reported strong growth in May, according to the data obtained by WACD, the international air cargo information provider.

    The Istanbul-based airline has recorded 7.1 percent year-on-year increase in tonnage, as compared to the entire air cargo market which shrank by 5.1 percent.

    The carrier said that the growth was mainly strong across the Asian and American market.

    The cargo volumes were up of 34.4 percent across the American continent, 19.3 percent across the Far East region, and 12.2 percent across the Middle East/South Asia region.

    *NEWS SOURCE

  • 11 Jul 2019 3:28 PM | Anonymous

    Original news was published on 11 July 2019

    The Northwest Seaport Alliance (NWSA) has launched expansion works at Port of Seattle’s Terminal 5 to ensure the capacity to handle containerships of up to 18,000 TEU.

    The alliance between the Port of Seattle and the Port of Tacoma said it was making the facility “big ship ready” and adding capability to simultaneously handle two boxship giants.

    It is estimated that Terminal 5 activity will result in 6,600 new direct jobs and more than USD 2 billion in business activity.

    Managing members of the NWSA voted to fund the project in April, pledging USD 340 million in construction funds, with private partner SSA Terminals contributing up to USD 160 million toward the project.

    The 185-acre terminal is expected to open in two phases, with one major berth ready to handle international container cargo in spring of 2021, and the other berth ready in 2023.

    “Four years ago this August, our two ports announced the joining of our operations in order to better compete on a global scale,” Clare Petrich, Port of Tacoma commission president and co-chair of The Northwest Seaport Alliance, said.

    “Today is proof that we made the right decision as our efforts here at Terminal 5 provide us new opportunities for cooperation and the creation of family-wage jobs.”

    *NEWS SOURCE

  • 09 Jul 2019 4:23 PM | Anonymous
    Original news was published on 08 July 2019

    All-cargo airline Cargolux Airlines has started its third weekly frequency to Xiamen from July 1.

    The new frequency from Xiamen to Los Angeles will mainly support the export of clothing items and electronic goods.

    The new service, CV9721 is operated every Monday morning, departing Luxembourg at 8:10 am with arrival in Xiamen on Tuesday at 4:40 am.

    The return flight, CV9731, is scheduled to leave Xiamen at 6:15 am and is routed through Los Angeles before returning to Luxembourg where it lands at 6:15 am (local time).

    Cargolux has been operating into Xiamen since 2006 with two weekly flights from Luxembourg.

    The main imports from Europe into Xiamen comprise a vast range of classic cargo as well as spare parts and semiconductor parts.

    Cargolux operates a fleet of nose-door equipped Boeing 747 freighters, that allows it to carry a wide a range of commodities on all its trade lanes.

    *NEWS SOURCE
  • 04 Jul 2019 3:43 PM | Anonymous

    Original news was published on 04 July 2019

    Port operator Hutchison Ports officially launched operations in the new port of Veracruz on July 1.

    The first operation of Hutchison Ports Internacional de Contenedores Asociados de Veracruz (ICAVE) within the modernization of the Port of Veracruz was undertaken with the visit by CMA CGM White Shark.

    Featuring a length of 294.12 meters, the Malta-flagged ship has a capacity of 5,095 TEUs.

    The vessel arrived to the terminal in the morning hours and unloaded the first of millions of containers that are expected to arrive at the new ICAVE Terminal.

    The port of Veracruz, considered as a millenary gateway to world diversity, gained strength with the latest upgrades, while the port operator said that the move was “a small step for Hutchison Ports ICAVE, but a great step for the Mexican Port System.”

    *NEWS SOURCE

  • 02 Jul 2019 3:02 PM | Anonymous

    Original news was published on 02 July 2019

    All Nippon Airways’ first Boeing 777 Freighter has started operations with flights from Tokyo to Shanghai via Kansai.

    The 777F, nicknamed Blue Jay arrived on 24 May at Tokyo Haneda International Airport, making All Nippon Airways the first airline in Japan to operate the aircraft type.

    From today (2 July) until 25 August, it is flying on a Tokyo Narita-Kansai-Shanghai Pudong route on Tuesdays, Wednesdays, Thursdays, Fridays and Saturdays.

    From 26 August, it will fly directly from Tokyo Narita to Shanghai Pudong five times a week.

    Toshiaki Toyoma, president of ANA Cargo says: “The Boeing 777F aircraft elevates the ANA fleet to a new level. These 777Fs are significantly larger than the Boeing 767F models used to ferry cargo in Asia, giving ANA additional flexibility in how the aircraft are used. The aircraft will aid in the expansion of ANA’s services to include a whole new set of customers and increase ANA’s ability to safely transport larger cargo.”

    *NEWS SOURCE

  • 01 Jul 2019 12:04 PM | Anonymous

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  • 27 Jun 2019 1:48 PM | Anonymous

    Original news was published on 24 June 2019

    Boeing has delivered Boeing 787-10 Dreamliner jet to Eva Air, Taiwanese airline.

    This is the first of 20 super-efficient 787-10s the carrier plans to use on high-density routes within Asia later this summer. EVA Air's 787-10 can serve 342 passengers in a two-class configuration, which is 38 more seats than EVA Air's 787-9 Dreamliner.

    The jet is the largest member of the fuel-efficient and passenger-pleasing Dreamliner family.

    The airline, which is also celebrating its 30th anniversary this year, already operates a fleet of four 787-9 Dreamliners.

    "The 787 Dreamliner has become the flagship of our fleet and we will leverage the airplane's unrivaled fuel efficiency, reliability and size to operate high-density markets in Asia," said Steve Lin, chairman of EVA Air.

    "The 787-10 offers around 15 percent more cabin space and cargo capacity compared to our existing 787-9s and this added capability will allow us to explore new opportunities for future growth in the emerging markets within Asia Pacific."

    "With their 777-300ERs, 787-9s and now the 787-10, EVA Air will have an incredible widebody family to serve its passengers and grow its international network for many years to come," said Ihssane Mounir, senior vice president of Commercial Sales and Marketing of The Boeing Company.

    Powered by a suite of new technologies and a revolutionary design, the 787-10 set a new benchmark for fuel efficiency and operating economics when it entered commercial service last year.

    The airplane allows operators to achieve 25 percent better fuel efficiency per seat compared to the previous airplanes in its class. Onboard the airline's new 787 Dreamliner, passengers can experience EVA Air's new Royal Laurel class seats designed by Designworks, a BMW Group company.

    EVA Air serves international routes with approximately 565 weekly flights.

    *NEWS SOURCE

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