Wednesday, January 10, 2001

CargonewsXpress - Edition 1477





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- Edition: 1477


Headlines

Korean Air increases frequency to Canada and China

Jet Airways deal withEtihad put on hold

Airbus A350 makes maiden flight

Cathay May cargo traffic falls 1.5%

JNPT to compensate DP World in case of delay

JAL, Mitsubishi in Myanmar venture

NetFreight now in the cloud





Contents

Korean Air increases frequency to Canada and China
Korean Air, South Korea's flagship airline, has has increased frequency on its routes to Canada and China.



Jet Airways deal with
Etihad put on hold

The Foreign Investment Promotion Board (FIPB) has sought clarification from Jet Airways on "effective control" before clearing its 24 percent stake sale deal worth US$354.79 million with Abu Dhabi's Etihad.



Airbus A350 makes maiden flight
The new Airbus A350 jetliner made its maiden flight on Friday, roughly two weeks ahead of the company's publicly stated deadline, offering hope that the aviation industry is moving beyond years of costly delays and production problems, reported Dow





Cathay May cargo traffic falls 1.5%
Cathay Pacific Airways freight traffic dropped 1.5 percent year-on-year in May as demand from key markets, Hong Kong and mainland China remained well below expectations, particularly on the trade lanes to Europe, reported Reuters.



JNPT to compensate DP World in case of delay
Union government-controlled Jawaharlal Nehru Port Trust (JNPT) will compensate DP World if the private container operator faces trouble while operating a new container terminal at the port's facility in Mumbai, reported The Economic Times.



JAL, Mitsubishi in Myanmar venture
Japan Airlines and Mitsubishi Logistics Corp have launched a joint cargo business in Myanmar, reported Kyodo News.



NetFreight now in the cloud
NetFreight – the web-based freight management and Customs processing package – is now available "in the cloud", following an extension of the alliance between its developer Impatex, and freight industry hardware specialists Albacore Systems.



 

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Sunday, January 7, 2001

CargonewsXpress - Edition 1476





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- Edition: 1476


Headlines

SAS launches new routes to Germany and UK

Airbus in talks for 100-plane easyJet order

Launch of Boeing 787-10 imminent

Skepticism as Nicaragua approves canal project

Maersk to pay $100m less for 20 mega ships

Shareholders OK Cosco sale of CIMC stake

Evergreen expecting a profitable year

GEFCO opens Shenzhen office to drive China expansion

TNT Post steps up rival UK delivery service

DHL inaugurates global hub at Cincinnati airport

Russian billionaire to sell stake in Aeroflot

French air traffic strikes intensify

New levies rock Exim trade at Kochi

Kerry opens doors to three logistics centres

Kazakhstan opens newSilk Road rail route





Contents

SAS launches new routes to Germany and UK
Scandinavian airline SAS is launching new routes to the German city of Bremen and Humberside in northern England, while its direct route to Bangkok reopens in November, reported Dow Jones Newswires.



Airbus in talks for 100-plane easyJet order
Airbus is in advanced talks to complete a US$10 billion order for at least 100 planes from British low-cost airline easyJet, sources familiar with the matter said, reported Reuters.



Launch of Boeing 787-10 imminent
Boeing Co is close to formally launching a third version of its 787 Dreamliner and securing its first firm orders for the stretch-bodied jetliner, according to two people familiar with the company's planning, reported Dow Jones Newswires.





Skepticism as Nicaragua approves canal project
A proposal to build a massive rival to the Panama Canal across the middle of Nicaragua was overwhelmingly backed by lawmakers, capping a lightning-fast approval process that has provoked deep skepticism among shipping experts and concern among



Maersk to pay $100m less for 20 mega ships

Danish oil and shipping group AP Moller-Maersk will pay about US$100 million less than predicted for 20 mega-size container vessels ordered from Korea's Daewoo Shipbuilding & Marine Engineering.



Shareholders OK Cosco sale of CIMC stake
Cosco Pacific has won shareholder approval to sell its entire holding in the world's biggest container maker, reported Dow Jones Newswires. The sale was sanctioned by more than 99 percent of voting shareholders. It is selling its 21.



Evergreen expecting a profitable year
Despite facing challenging supply-and-demand conditions this year, Evergreen Marine Corp still aims to return to the black, or at least break even, by implementing cost control measures and grasping every possible opportunity to raise fright rates, a



GEFCO opens Shenzhen office to drive China expansion
Global automotive and industrial logistics operator GEFCO has expanded its China footprint by integrating its regional operations in South China and launching a new office in Shenzhen.



TNT Post steps up rival UK delivery service
Britain's second largest postal firm TNT Post will expand deliveries in London next week, in its latest move challenging state-owned Royal Mail's dominance, reported Reuters. TNT Post, which is owned by Dutch mail group PostNL and handles 3.



DHL inaugurates global hub at Cincinnati airport
Logistics company DHL celebrated the inauguration of its newly expanded hub for the Americas at the Cincinnati/ Northern Kentucky (CVG) Airport, reported Business Wire.



Russian billionaire to sell stake in Aeroflot
Russian billionaire Alexander Lebedev has been in talks with investors about selling his 4.5 percent stake in flagship carrier Aeroflot, the tycoon was quoted as saying on by business daily Vedomosti.



French air traffic strikes intensify
Hundreds of flights scheduled to and from France have been cancelled Wednesday as industrial action by French air-traffic controllers intensified on the second day, reported Dow Jones Newswires.



New levies rock Exim trade at Kochi
The shipping fraternity at Kochi Port is up in arms over the different forms of charges levied by DP World, the terminal operator, on various services offered at Vallarpadam ICTT (International Container Transhipment Terminal), reported The Hindu.



Kerry opens doors to three logistics centres
Kerry Logistics, a logistics service provider, has opened the doors on three new logistics centres with a combined total area of 140,000 sq m in Chongqing, Wuxi and Xiamen, as the company continues to strengthen its logistics network to better serve its



Kazakhstan opens new
Silk Road rail route

Kazakhstan has launched a new transit railway linking China to Europe, aiming to beat rival routes for journey time in the competition to handle a growing flow of goods along the ancient Silk Road trade route.



 

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Thursday, January 4, 2001

Wednesday, January 3, 2001

CargonewsXpress - Edition 1475





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- Edition: 1475


Headlines

Freight focus welcome in Sydney airport master plan

Air NZ agrees to pay$5.89m in cartel case

Marubeni buys 15% stake in aircraft leasing firm

China Airlines gets Envirotainer expertise

French aviation workers plan strike

Privatisation wind blows over Kolkata airport

New Bollore Logistics CEO

Batten to become MD of Coyne Airways





Contents

Freight focus welcome in Sydney airport master plan
The draft Sydney Airport Master Plan contains a number of proposals that have the potential to improve freight efficiency in and around the airport, according to the Australian Logistics Council, the nation's peak industry body for the freight logistics



Air NZ agrees to pay
$5.89m in cartel case

Air New Zealand has agreed to pay US$5.89 million in penalties, and another $235,645 in costs, in the High Court at Auckland, which would be the highest amount under a long-running cartel case.



Marubeni buys 15% stake in aircraft leasing firm
Marubeni Corp has agreed to acquire a 15.25 percent stake in US aircraft leasing company Aircastle for US$209 million, reported Kyodo News.





China Airlines gets Envirotainer expertise
Seeing the potential of the cold chain market, China Airlines has signed a contract with Envirotainer, a provider of secure cold chain logistics solutions.



French aviation workers plan strike
Several French aviation unions plan to stage a three-day strike next week, the country's civil aviation department said, as workers show their disagreement with the European Union's planned reforms of the sector, reported Dow Jones Newswires.



Privatisation wind blows over Kolkata airport
The civil aviation ministry has decided to privatise operations and maintenance of Netaji Subhas Chandra Bose Airport in Kolkata, reported The Times of India. The airport was modernised at a cost of US$408.86 million.



New Bollore Logistics CEO
Herbert de Saint Simon has been appointed CEO of Bolloré Logistics and president of SDV International Logistics.



Batten to become MD of Coyne Airways
John Batten will take over as managing director of all-cargo carrier Coyne Airways in September. Batten, who has over 35 years experience in the air freight industry, will be based at the airline's Dubai hub.



 

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Tuesday, January 2, 2001

CargonewsXpress - Edition 1521





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- Edition: 1521


Headlines

Carriers cry foulover Heathrow charges

Iberia's Madrid terminal may be opened to other airlines

Etihad clears last hurdleon Jet Air stake

Lufthansa to invest more than $572m in fleet, service upgrade

AA seeks court nod for $785m financing

Air NZ to lift stake in Virgin Australia

November rate rise has to stick - Maersk

Upswing in India volumes seen as a blip

Yusen Logistics sets up unit in Cambodia

Menlo builds warehouse outside of Brisbane





Contents

Carriers cry foul
over Heathrow charges

Airlines protested while British Airways warned that it might consider quitting Heathrow after the regulator revised proposals to cut landing charges, despite agreeing that the airport was badly managed and staff overpaid.



Iberia's Madrid terminal may be opened to other airlines
Cutbacks at Iberia could force Madrid's Barajas airport to allow other airlines to use the terminal previously reserved for the exclusive use of the Spanish flag carrier and its Oneworld alliance partners, Spain's industry minister said, reported



Etihad clears last hurdle
on Jet Air stake

India has approved Jet Airways' plan to sell a 24 percent stake to Abu Dhabi-based Etihad Airways, removing the last barrier to the US$339 million deal.





Lufthansa to invest more than $572m in fleet, service upgrade
Deutsche Lufthansa will invest more than US$572 million in improving its planes and service within three years, the German airline said, reported Dow Jones Newswires.



AA seeks court nod for $785m financing
American Airlines, whose merger with US Airways is on hold while the airlines await an anti-trust trial, is looking to boost its cash levels with US$785 million in new aircraft financing, reported Dow Jones Newswires.



Air NZ to lift stake in Virgin Australia
Air New Zealand said it would increase its stake in Virgin Australia to 25.9 percent to increase its competitiveness in the region, reported Reuters.



November rate rise has to stick - Maersk

Maersk Line's November general rates increase of US$950 being levied on the Asia-Europe trade "has to stick", the carrier's head of South China, David Skov, said in Hong Kong today.



Upswing in India volumes seen as a blip
The troubled shipping industry in India finally has something to cheer about, although the uptrend is likely to be short-lived, reported The Times of India.



Yusen Logistics sets up unit in Cambodia
Yusen Logistics has established a subsidiary in Cambodia that will start operations on November 1, reported Jiji Press.



Menlo builds warehouse outside of Brisbane
Menlo Worldwide Logistics, the logistics subsidiary of Con-way, announced the addition of a new multi-client warehouse and office facility just outside of Brisbane, Australia in Seventeen Mile Rocks.



 

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