LATEST NEWS

  • 27 Sep 2014 9:40 AM | Anonymous
    Original news was published on 26 September, 2014

    Shandong Huanghai Shipbuilding has received an order from Dandong International Ferry Co to build a passenger roro ship.

    The 24,000 ton ship, which has a capacity of 1500 passengers and 1400 metre vehicle lane, will be offering services between Dandong and Incheon.

    Dandong International Ferry is a joint venture between Dandong Shipping Group and Korea’s Doowoo Shipping, and mainly operates roro services between Dandong and Korea.

    *NEWS SOURCE

  • 26 Sep 2014 12:09 PM | Anonymous
    Dear Family,

    Strong partners are going on to join Freight Forwarders Family. Today it is our pleasure to announce that "CAESARS INTL SHIPPING & LOGISTICS CO W.L.L." is our new partner from KUWAIT. Let's welcome them on board of the Freight Forwarders Family..!
     
    CAESARS INTL SHIPPING & LOGISTICS CO W.L.L - KUWAIT 

    ADDRESS:Al-Nafisi Tower (M3), Abdullah Al- Mubarak Street, Opposite Science Museum,  28229 - Mirqab, KUWAIT
    CONTACT :Vineeth Varghese
    TEL    :+96522467718
    FAX    : +96522423195
    WEB   : www.caesarsintlshipping.com

         

  • 26 Sep 2014 9:17 AM | Anonymous
    Original news was published on 25 September, 2014

    Southwest Airlines has signed an agreement with Red Rock Biofuels LLC (RRB) to purchase low carbon renewable jet fuel, made using forest residues that will help reduce the risk of destructive wildfires in the Western United States.  The airline’s agreement with RRB covers the purchase of approximately three million gallons per year.  The blended product will be used at Southwest’s Bay Area operations with first delivery expected in 2016.

    “Our commitment to sustainability and efficient operations led us on a search for a viable biofuel that uses a sustainable feedstock with a high rate of success,” said Bill Tiffany, Vice President of Supply Chain at Southwest Airlines. “Red Rock Biofuel’s technology, economics, and approved use made entering into an agreement for purchase a win-win situation.”
    RRB’s first plant will convert approximately 140,000 dry tons of woody biomass feedstock into at least 12 million gallons per year of renewable jet, diesel, and naphtha fuels.

    RRB’s CEO, Terry Kulesa said “From the outset, we have sought to build the best possible team of project partners.  A conversation we started with Southwest on the premise of providing renewable jet fuel at cost parity with conventional jet fuel has evolved into a great partnership.  We’re happy to help Southwest diversify its fuel supply.”
    Southwest is a long-time member of Commercial Aviation Alternative Fuels Initiative (CAAFI) which is a government and industry coalition for the development and deployment of alternative jet fuel for commercial aviation.  As a member of CAAFI, the airline has followed the progress of alternative fuel technologies. Red Rock Biofuels is the first viable opportunity the airline has found to meet its financial and sustainability objectives.

    *NEWS SOURCE

  • 25 Sep 2014 9:11 AM | Anonymous
    Original news was published on 24 September, 2014

    United Arab Shipping Company (UASC) and Hamburg Süd, two of the leading container shipping lines, announced today that they have signed a global cooperation agreement.The agreement came after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas, and operational requirements. The need to address logistical imbalances was also a key driver behind the agreement.

    “As a customer-focused and emerging global operator, UASC is committed to continuously delivering new and enhanced service patterns. This cooperation with Hamburg Süd enables access to the South America trades and illustrates our ambitious approach to enhance geographic coverage” said Jørn Hinge, President and Chief Executive Officer of UASC. “In today’s challenging marketplace our customers deserve more opportunities, better services and improved efficiencies. Through partnerships with leading operators such as Hamburg Süd, and investment in some of the largest and most eco-efficient container vessels ever built, UASC ensures that customer service remains at the very heart of our operations.” he remarked. Referring to the agreement, Dr. Ottmar Gast, Chairman of the Executive Board of Hamburg Süd, said, “This cooperation will enable Hamburg Süd and UASC to complement each other’s core services and networks, offering both lines’ customers a more comprehensive global reach and reliable services without incremental investment in new tonnage. Hamburg Süd and UASC customers will benefit from the companies’ deployments featuring highly efficient and environmentally friendly vessels,” he added.

    Initially, Hamburg Süd and UASC have agreed to cooperate on several of their respective core trades. Hamburg Süd will enter the Asia - North Europe and Asia - US trades in December 2014 and January 2015, respectively, while UASC will enter the Europe - South America East Coast and Asia - South America East Coast trades effective from mid-2015. Initially, the cooperation will be in the form of slot exchanges; vessel deployment opportunities will be explored in due course. Further geographic scope for cooperation is currently under discussion. Both carriers also intend to explore other areas of cooperation going forward.

    Detailed service announcements will be provided by Hamburg Süd and by UASC shortly.    

    *NEWS SOURCE

  • 24 Sep 2014 11:00 AM | Anonymous
    Original news was published on 22 September, 2014

    State run shipping conglomerate Cosco announced that it has signed shipbuilding agreements with Shanghai Jiangnan Changxing Shipbuilding for the construction of five 14,500 teu containerships.

    The price for each vessel is $123.6m. Deliveries are scheduled in 2017 and 2018.

    Cosco said the move is to optimize its container fleet structure.

    Cosco has spent $1.05bn in total for the construction of 21 new vessels in the past four months, including four 64,000 dwt bulkers, two 78,000 dwt bulkers, four 38,800 dwt bulkers, four 63,800 dwt bulkers, two 38,500 dwt bulkers and five 14,500 teu containerships.

    *NEWS SOURCE

  • 22 Sep 2014 10:05 AM | Anonymous
    Original news was published on 19 September, 2014

    Container shipping is not the same as conventional shipping. This kind of shipping uses containers of different sizes to transport goods from one place to another. Almost 80 percent of global merchandise trade is carried by sea with container shipping contributing the largest share to seaborne trade.

    Global Container Fleet Market 2014-2018 is a new market research publication announced by Reportstack. Container shipping is not the same as conventional shipping. This kind of shipping uses containers of different sizes to transport goods from one place to another. Almost 80 percent of global merchandise trade is carried by sea with container shipping contributing the largest share to seaborne trade. The Global Container Fleet market was affected by the global economic crisis in 2009, creating a supply-demand imbalance and lower freight rates. The market has since recovered and is performing better compared to other segments of the Shipping industry. The analysts forecast that the Global Container Fleet market to grow at a CAGR of 4.54 percent over the period 2013-2018. The Global Container Fleet market can be segmented into three divisions: Dry Containers (Standard and Special), Reefer Containers and Tanks. Traditionally, dry containers have dominated the market, but in recent years the demand for reefers and tanks has also increased.

    The report Container Fleet Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Middle East, Latin America and North America; it also covers the Global Container Fleet market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

    *NEWS SOURCE

  • 20 Sep 2014 9:14 AM | Anonymous
    Original news was published on 19 September, 2014

    DHL Global Forwarding, leading provider of air, sea and road freight services in Europe and Asia, announced  a new weekly scheduled block train service from Suzhou along the trans-Siberian North Corridor, to DHL’s intermodal hub in Poland, connecting Suzhou with Europe. A dedicated and cost effective service, it takes half the time of ocean freight and is a sixth of the cost of airfreight. This expansion complements the existing daily single wagon service from Shanghai to Europe, also along the North Corridor, and the weekly block train service from Chengdu to Europe along China’s West Corridor rail line through Kazakhstan to Europe.

    The new scheduled block train service offers an average transit time of 14 days to Warsaw from Suzhou and will access DHL’s Europe network via Manzhouli in China and Zabaikalsk in Russia and DHL’s intermodal hub in Małaszewicze.

    The expansion taps on Suzhou’s strategic location within Jiangsu Province, an important production area for engineering, manufacturing, high tech, automotive and the retail sector with growing demand.

    *NEWS SOURCE

  • 19 Sep 2014 8:33 AM | Anonymous
    Original news was published on 17 September, 2014

    Air India has, yet again, risen to the occasion to help the flood affected Kashmir, by making immediate arrangements to transport 21 inflatable boats from New York to Srinagar free of cost, by the first available service.

    Responding promptly to a request from a good Samaritan, Air India confirmed space on its flights to transport the consignment of 21 inflatable boats weighing approx. 100 kg in 21 boxes from New York to Srinagar via Delhi. The consignment landed at Delhi by flight AI 102 on 14th September 2014 in the evening and was further carried to Srinagar by AI 866 on the morning of 15th September 2014. On its arrival at Srinagar, the boats were immediately put into operation. It was a big challenge for Air India to transport the consignment urgently and with utmost care. Earlier, Air India had also carried 15 boats for the Indian armed forces for evacuation purpose.

    *NEWS SOURCE

  • 18 Sep 2014 8:39 AM | Anonymous
    Original news was published on 16 September, 2014

    Delta Air Lines  will launch twice-daily nonstop service from Los Angeles to San Antonio, Texas, beginning April 7, 2015. The San Antonio service complements Delta’s daily service from Los Angeles to Dallas, which launches Nov. 3, and the addition of a third daily flight between Los Angeles and Austin, Texas, beginning Nov. 2. All flights are operated by Delta Connection carrier Compass Airlines.

    With the addition of San Antonio and Dallas service, Delta customers will have access to nine daily departures to three destinations between Los Angeles and Texas, including:
    •Four daily flights to Dallas/Fort Worth International Airport
    •Three daily flights to Austin-Bergstrom International Airport
    •Two daily flights to San Antonio International Airport

    For Texas customers, the new service also will provide more options when connecting to destinations in Delta’s trans-Pacific portfolio from Los Angeles. This includes service to Tokyo-Haneda; Tokyo-Narita; and Sydney, as well as partner-operated service to Brisbane, Australia; Guangzhou, China; Shanghai; and Taipei.

    “For more than a year, we have grown our Los Angeles network into one of the largest operations at LAX and given our customers undefined particularly those in the entertainment, production, automotive and growing tech startup communities undefined nonstop options to destinations throughout the US,” said Ranjan Goswami, Delta’s staff vice president – Global Sales, West Region. “The addition of Dallas and San Antonio marks the next big intra-West milestone for Los Angeles as we continue building this key market and West Coast network for our customers.”

    In the last year, Delta has significantly expanded its network from LAX, adding service to Austin; Boise, Idaho; andSan Salvador, El Salvador; increasing the number of flights from destinations it already serves; and expanding to year-round service in Boston. Delta will also launch service from LA to Monterrey, Mexico, in November. Last fall,Delta expanded its service from Los Angeles to San Francisco with the launch of its hourly, nonstop Delta Shuttle product. In October, Delta will launch international service from LAX to London-Heathrow as part of its joint venture partnership with Virgin Atlantic Airways. Service to Austin, Boise, Monterrey and San Francisco is operated by Delta Connection carriers Compass Airlines and SkyWest Airlines.

    *NEWS SOURCE

  • 16 Sep 2014 8:38 AM | Anonymous
    Original news was published on 15 September, 2014

    Royal Jordanian Airlines has secured 5-year RA3 and ACC3 EU certifications for its cargo operations from Amman to any EU country, starting May 2014.

    The security manual defines the standards and security measures implemented to meet regulatory requirements. The basic principle of these certifications is to ensure that all cargo or mail flying into the EU is screened or comes from a secure supply chain.

    Royal Jordanian VP Cargo Sales and Services Muath Majali said: “Transportation of goods by air has become an essential component of today’s world economy, as air cargo is a particularly important component in the commercial aspect of the aviation industry. Thus, it is essential to remain vigilant and ensure the security and efficiency of operations in this sector.”

    Majali added that the attainment of these certifications boosts the airline’s prestigious international status in the area of aviation safety, an issue that has always been at the top of the company’s pyramid of priorities. This reflects the effectiveness of RJ’s operations and the airline’s keenness to apply the highest safety standards.

    *NEWS SOURCE

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