Friday, October 12, 2012

CargonewsXpress - Edition 1390





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- Edition: 1390


Headlines

BAA squeezes more growth out of Heathrow

Alaska Airlines orders 50 Boeing jets

Lufthansa expands Germanwings to counter no-frills rivals

Chapman Freeborn expands reach with launch of new HK branch

Sri Lanka Port looks for partners to invest in India

Greek port thrives with Cosco at helm

London Gateway gears upto take on Felixstowe

FedEx still seeking full licence for China domestic service

Air Astana expects to launch IPO in third quarter of 2013

Milan airports operator revives IPO plan

Alaska Air tipped to order 50 Boeing planes

Volga-Dnepr building maintenance facility at Sharjah

SWISS posts 6% rise in cargo volumes

China port volumesmake strong comeback

Downturn hits Maersk Indonesia trade

FedEx to modernise truck, plane fleets

Logwin expands China presence with Wuhan office


New Felixstowe rail terminal on track

CEVA CEO retires




Contents

BAA squeezes more growth out of Heathrow
British airport operator BAA squeezed further growth out of stretched London Heathrow in September, calling on an inquiry into capacity constraints to look at every option to allow Britain to tap rising emerging market demand, reported Reuters.



Alaska Airlines orders 50 Boeing jets
US carrier Alaska Airlines will buy 50 737 single-aisle jetliners, worth US$5 billion at list prices, from Boeing Co in its largest order yet, reported Reuters.



Lufthansa expands Germanwings to counter no-frills rivals
Lufthansa is transferring short-haul flights to its no-frills Germanwings brand as it battles to return to profit in Europe in the face of cut-throat competition from budget rivals Ryanair and easyJet, reported Reuters.





Chapman Freeborn expands reach with launch of new HK branch
Chapman Freeborn Airchartering has further expanded its specialist on board courier (OBC) services with the launch of a new office in Hong Kong.



Sri Lanka Port looks for partners to invest in India
Sri Lanka Ports Authority (SLPA), controlled by the Sri Lankan government, is in talks with Indian companies to form consortiums to invest in Indian port projects, said people familiar with the development, reported The Economic Times.



Greek port thrives with Cosco at helm
The cargo volume at the Greek port of Piraeus is three times the level it was two years ago, before the captain, Fu Cheng Qiu, was put in charge by his employer, China Ocean Shipping Group Co, or Cosco, a global shipping giant owned by the Chinese



London Gateway gears up
to take on Felixstowe

The flat lands of Britain's east coast seem an unlikely battleground between two of the world's largest port operators, but DP World's London Gateway will go head-to-head with Hutchison's Felixstowe port for Britain's cargo volumes.



FedEx still seeking full licence for China domestic service
FedEx Corp executives said they're still seeking approval from the Chinese government to provide domestic express-package service throughout the country, noting they have yet to get an explanation from China as to why their new licence authorises only a



Air Astana expects to launch IPO in third quarter of 2013
Air Astana, the flag carrier of oil-rich Kazakhstan, said it was looking to float at least 20 percent of its shares in a domestic initial public offering next year to support the company's growth plans, reported Reuters.



Milan airports operator revives IPO plan
SEA, operator of Milan's two international airports, has won shareholder approval to revive a plan suspended more than a year ago to list its stock on the Milan exchange, reported Dow Jones Newswires.



Alaska Air tipped to order 50 Boeing planes
Alaska Airlines is set to announce a significant order for Boeing Co 737 single-aisle jetliners, said two people familiar with the matter, reported Dow Jones Newswires.



Volga-Dnepr building maintenance facility at Sharjah
Volga-Dnepr Group has started construction of a new hangar facility at Sharjah Airport that will soon be providing state-of-the art MRO services for freighter and passenger aircraft.



SWISS posts 6% rise in cargo volumes
Swiss International Air Lines (SWISS) cargo division posted a six percent increase in sales for the first-nine-month period in revenue-tonne-kilometre terms. Cargo load factor stood at 78.7 percent, a 0.5-percentage-point improvement on the 78.



China port volumes
make strong comeback

The ports of Shanghai, Ningbo and Shenzhen defied international gloom to surprise analysts with a strong rebound in cargo and container throughput last month. Shanghai, the world's busiest port, processed 2.



Downturn hits Maersk Indonesia trade
Maersk Line said that the choppy economic conditions in the United States and Europe have begun to hurt its business in Indonesia, as indicated by the decline in the number of containers it ships to and from the country, reported The Jakarta Post.



FedEx to modernise truck, plane fleets
FedEx Corp will retire thousands of its iconic delivery trucks and retool its domestic US network as part of a restructuring plan that aims to boost profits by US$1.7 billion over the next three years, reported The Wall Street Journal.



Logwin expands China presence with Wuhan office
Logwin, an air and ocean freight and logistics service provider, has opened a new office in the fast growing industrial city of Wuhan in Hubei Province. The office will expand the company's growing network to a total number of 28 offices in China.



New Felixstowe rail terminal on track
Contractors are expected to complete the main works on the new US$64 million rail terminal at Britain's biggest container port early in the new year, reported Evening Star (Ipswich).



CEVA CEO retires
CEVA Logistics, a supply chain management company, announced the retirement of John Pattullo, chief executive officer, effective October 12, reported PR Newswires.



 

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