Media
Media
Growing trade volumes have attracted multi-billion dollar investments in Kenya's transport and logistics industry in the past three years, opening a turf war between local and international firms seeking a share of the growing business, reported All Africa. Investors have spent more than US$91 million since 2008 to buy out local courier firms, set up car...
DHL Express is adding flights to meet increased demand for next-day service between the US and the Middle East and Asia Pacific, reported Associated Press Newswires. The company said a Boeing 747-400F operated by Polar Air Cargo started flying this week from DHL's Cincinnati hub to Bahrain, making for quicker deliveries to Bahrain, Afghanistan, Iraq, Kuw...
Qatar Airways is buying a 35 percent stake in Luxembourg-based freight carrier Cargolux, the two airlines said without disclosing the terms of the deal. The acquisition marks the beginning of a strategic partnership between the two companies and allows the state of Luxembourg to divest the stake it bought as part of a restructuring of Cargolux Airlines In...
The Indian Government has given companies that are key port users the green signal to develop their own captive berths/ports on lands and waterfronts owned by the Major Ports, eximin.net reported. The Shipping Ministry's recently-released 'Draft Captive (port) Policy' says that port-based industrial units (which are large port users) would be allotted ...
Cargo volume handled at the Port of Novorossiysk in January-May 2011 fell by 7.7% from the five-month period of 2010, to 47 million tons, the Association of Commercial Sea Ports said. Port of Novorossiysk is the largest Russian port. The port’s waterfront exceeds 13 km. Currently, over 80 companies based at the port provide stevedoring, shipping age...
Port operator China Merchants Holdings (International) expects to soon finalise a deal with the Sri Lankan government to build and operate a container port in Colombo, reported Dow Jones Newswires. The Hong Kong-listed company said in September that it and Sri Lankan conglomerate Aitken Spence have entered into a non-binding agreement with the government ...
Plans by a shipping line to introduce extra charges for empty containers has sparked controversy in the Kenya maritime industry, reported All Africa. In a notice to all shippers on May 31, Maersk Line said it would with effect from July 1 increase charges for containers delivered to shippers based on the time spent before they are returned. For the firs...
More than 200 new vehicles will be displayed at 2011 Beijing import auto expo which is scheduled to be held from Oct. 31 to Nov. 6, organizer has said. The exhibition to be held at the China National Convention Center covers a floor space of 26,000 square meters. Organizer said on Friday that leading car makers such as Mercedes Benz and BMW have shown wil...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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