CargonewsXpress - Edition 1432

If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1432 Headlines Volga-Dnepr opens new hangar at Leipzig/Halle airport Probe of Boeing 787 battery intensifies Horton wants to be chairman if AMR and United Airways merge India port awaits land allotment for expansion Korea port volumes hit record high in 2012 DHL renews lease at Schiphol airport Coyne Airways launches African services Ryanair posts strong growth in Q3 SAS to axe 200 more jobs Pay rise agreed if American Airlines, US Airways merge Air France-KLM launches low-cost airline Hop! Tacoma port's volumes rise 16% in 2012 Vietnam's biggest port opens China Cosco mullsturnaround options Georgia Ports sets record in December "K" Line enhances JABCO services Adani Ports to use stake sale cash for expansion Port operator ICTSI raises $100 million more US retail sales to grow 3.4%, says NRF FedEx Trade Networks opens first office in Thailand Deutsche Post expects to benefit from failure of UPS-TNT merger Contents Volga-Dnepr opens new hangar at Leipzig/Halle airport Leipzig/Halle Airport and Volga-Dnepr Group jointly celebrated the official opening of a new aircraft maintenance hangar that is expected to attract airline customers from all over the world. Probe of Boeing 787 battery intensifies US air-safety investigators said they are stepping up microscopic and chemical examinations of the lithium-ion battery that caught fire aboard a parked Japan Airlines Boeing 787 three weeks ago, still seeking to determine whether internal defects may Horton wants to be chairman if AMR and United Airways merge AMR Corp chief executive Tom Horton is in talks about becoming board chairman if the American Airlines parent merges with US Airways, one of a number of signs both companies are nearing a deal that could create the world's largest airline by traffic, India port awaits land allotment for expansion Notwithstanding speculation about offloading of shares by its two promoters, the Dhamra Port Co (DPCL) informed the Odisha government that it would start expansion of its second phase within the next two years, reported The Telegraph. Korea port volumes hit record high in 2012 Cargo traffic at South Korea's seaports hit a record high last year on the back of growth in shipments of machinery, automobiles and oil-related products, a government report showed. DHL renews lease at Schiphol airport DHL Express has renewed its tenancy agreement at Amsterdam Airport Schiphol for a further 10 years. Coyne Airways launches African services Coyne Airways has launched customer-focused services to over 30 destinations across Africa, through three of the continent's main hubs. Ryanair posts strong growth in Q3 Ryanair posted a strong set of third-quarter figures on the back of a surge in pre-Christmas bookings, reported The Irish Times. An eight percent rise in average fares lifted the carrier's pretax profit to US$24. SAS to axe 200 more jobs SAS, the Scandinavian airline, plans to cut an additional 200 administrative jobs in 2013 on top of the 800 administrative jobs it planned to eliminate under a restructuring plan initiated in November, reported Dow Jones Newswires. Pay rise agreed if American Airlines, US Airways merge The Transport Workers Union of America, which represents ground workers at American Airlines, said it has reached an agreement with US Airways and AMR Corp that would grant immediate raises of 4. Air France-KLM launches low-cost airline Hop! Franco-Dutch group Air France-KLM has formed a new French regional airline unit called Hop! to respond to competition from low-cost rivals, reported Reuters. Tacoma port's volumes rise 16% in 2012 Container volumes at the Port of Tacoma in the US state of Washington rose 16 percent in 2012, reaching 1.7 million TEUs, the most since 2008, reported SeeNews Shipping. Vietnam's biggest port opens Vietnam's Ministry of Transport yesterday opened the Cai Mep Thi Vai International Port in the southern province of Ba Ria Vung Tau, the country's deepest and biggest seaport, which is designed to meet the increasing demand of container shipping in the China Cosco mulls turnaround options The world's largest bulk shipper and sixth largest container ship operator, China Cosco, is reviewing ways to restructure the company's business and help make it profitable again to avert a delisting of its Shanghai shares. Georgia Ports sets record in December The Georgia Ports Authority ended last year with a strong December, marking an 11.7 percent increase in total tonnage across all terminals, and a 21.8 percent increase in auto and machinery units compared to December 2011. "Our total volume of 2. "K" Line enhances JABCO services Kawasaki Kisen Kaisha ("K" Line) has upgraded its intra-Asia service JABCO-1 and JABCO-2 with better transit times between Japan and Thailand. Adani Ports to use stake sale cash for expansion Adani Ports, India's largest private sector port company, will use more than US$235 million that the company will receive from divesting its stake in Abbot Point Coal terminal in Australia to fund its expansion plans in India's East Coast, reported Port operator ICTSI raises $100 million more Philippines' International container Terminal Services Inc (ICTSI) has raised US$100 million, representing the second tranche of a $750 million fund-raising programme, reported BusinessWorld. US retail sales to grow 3.4%, says NRF The US National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4. FedEx Trade Networks opens first office in Thailand FedEx Trade Networks, a subsidiary of FedEx Corp and a premier international freight forwarder, announced the opening of its first office in Thailand. Deutsche Post expects to benefit from failure of UPS-TNT merger The failed merger between United Parcel Service (UPS) and TNT Express, as well as new services, are set to enhance the footprint of Europe's largest postal service company by market share and help compensate for declining revenues from traditional mail   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved.

CargonewsXpress - Edition 1431

If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1431 Headlines Etihad may buy 24% of Jet Airways Investigators still unable to find cause of 787 fire AMR seeks court nod for $750m in aircraft financing Fraport interested in new Istanbul Airport Cosco expects large 2012 loss CMA CGM sells stakein terminal business Indonesia's logistics costs to rise by 3% Cargotec to appoint new CEO from Finnair Former EADS Co-CEO may return as chairman EasyJet chairman to step down in summer Contents Etihad may buy 24% of Jet Airways Etihad Airways is likely to buy a stake of about 24 percent in Jet Airways for about US$297 million later this week, a senior official in India's civil aviation ministry said. Investigators still unable to find cause of 787 fire Further testing still has not found the cause of a battery fire aboard a Boeing Co 787 Dreamliner in Boston earlier this month, the National Transportation Safety Board said, reported Reuters. AMR seeks court nod for $750m in aircraft financing American Airlines parent AMR Corp is asking a bankruptcy judge to let it arrange for US$750 million in financing to buy as many as four Boeing 777-323ER jets later this year, reported Dow Jones Newswires. Fraport interested in new Istanbul Airport German airport operator Fraport is interested in expanding in the Turkish market and will study the bidding process for Istanbul's planned new airport, a spokesman said, reported Dow Jones Newswires. Cosco expects large 2012 loss China Cosco Holdings, the country's largest shipping company by fleet size, said it expects to report a large net loss for 2012, marking the second year of losses in a row and an imminent downgrading of the status of its yuan-denominated A shares by the CMA CGM sells stake in terminal business CMA CGM, the world's third-largest container shipper, is to sell a 49 percent stake in its Terminal Link division for US$535 million to China Merchants Holdings (International). Indonesia's logistics costs to rise by 3% Indonesian Logistics Association (ALI) has predicted that logistics costs in the country will increase by about three percent this year following a rise in port fees resulting from port operators' service expansion, reported The Jakarta Post. Cargotec to appoint new CEO from Finnair Finnish cargo-handling equipment maker Cargotec said its new chief executive would be Finnair's Mika Vehvilainen, the man credited with leading a turnaround at the airline. Former EADS Co-CEO may return as chairman Philippe Camus, who helped found European Aeronautic Defence & Space Co (EADS), has supporters for a bid to return as the Franco-German company's chairman, as it implements a shareholding shake-up, French newspaper Le Figaro reported, citing sources EasyJet chairman to step down in summer EasyJet chairman Mike Rake will step down this summer, the budget airline said, ending a fight by its founder and largest investor to oust him because of his expanding role as deputy chairman of Barclays, reported Reuters.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved.

Market Briefing from WorldCargo News Online

CLICK HERE TO VIEW THE LATEST WCN E-NEWSLETTER IN YOUR BROWSER Welcome to the latest eNewsletter from the publishers of WorldCargo News, the world's leading resource for international cargo professionals. Click here to view a sample issue of WorldCargo News and subscription information. Click here for information on advertising in print or online. Market Briefing Eurotunnel posts strong revenue growth Groupe Eurotunnel's revenue increased by 14% in 2012 to €993.1M... Click here for more European combi on the up The latest UIC report shows that overall combined transport in Europe increased by almost 29% between 2005 and 2011 and has recovered well from the 2008-9 economic downturn... Click here for more PROMOTION RAM provides software to manage container leasing and intermodal operating. Its new Business Intelligence Reporting tool can unlock the value of your asset data. Request a free solution overview The overview provides information and presentations on all the software products, including lease and operating management, Maintenance & Repair, EDI and Business Intelligence. Click here to request your free copy Gothenburg posts 1% volume increase The port handled 42 Mt of freight in 2012, 1% more than the previous year... Click here for more Joe Dorto announces his retirement The President and CEO of Virginia International Terminals said his last day will be 31 March... Click here for more Gulftainer seeks quick start for Tripoli Sharjah-based port operator Gulftainer is investigating the possibility of bringing in mobile harbour cranes to try and entice lines to its new concession in Lebanon... Click here for more Antwerp off by 1.6% in 2012 The Port of Antwerp handled 184 Mt of freight in 2012, 1.6% less than in 2011... Click here for more Canadian pension fund to acquire SeaCube The Ontario Teachers' Pension Plan has signed an agreement to acquire 100% of the shares of SeaCube Container Leasing for around US$467M.... Click here for more South Carolina volumes up by 10% The South Carolina Ports Authority (SCPA) saw volume across business segments increase by 10% in calendar 2012... Click here for more G6 Alliance makes Loop 3 cut permanent The members of the G6 Alliance have announced that the Loop 3 service between Asia and North Europe, originally withdrawn on a temporary basis, will not be reintroduced... Click here for more Shenzhen to overtake Hong Kong this year Shenzhen is set to overtake Hong Kong as the world's third-busiest container port this year as total box volumes at its four main terminals have continued to rise despite the downturn in global trade.... Click here for more Warning on lifting equipment M&R The London P&I Club has warned that failure to maintain a proper record of the inspection and testing of onboard lifting equipment can jeopardise owners' positions in the event of a claim.... Click here for more Portek signs for PNG ports Portek International, part of Mitsui Group, has signed an agreement with Papua New Guinea Ports Corporation (PNGPC) to collaborate in the operations of the two largest container terminals in PNG for a 5-year period.... Click here for more 1000th Liebherr MHC at Montoir The 1000th harbour crane from Liebherr-Werk Nenzing recently began operations at Montoir Bulk Terminal (MBT), an affiliate of Belgium's Sea-Invest group and French logistics company IDEA Groupe, in the French port of Nantes-St Nazaire. This "1000 up" order was first reported by Liebherr in March (see WorldCargo News March 2012, p3).... Click here for more Hastings studies underway The next step towards the controversial siting of the Australian state of Victoria's next container port at Hastings has been taken with the launch of three key studies into the planned Western Port.... Click here for more New Magna straddle tyre Netherlands-based Magna Tyres Group has announced the launch of a new radial tyre specificaly developed for straddle carriers.... Click here for more Smiths launches Xray scanner for cars Smiths Detection has launched a low-energy X-ray scanner to meet increasing market demand for a system best suited to detecting explosives, drugs, stowaways and contraband hidden in cars, light motor vehicles and minibuses.... Click here for more Florens expands into port market Cosco Pacific affiliate Florens (Tianjin) Finance Leasing Co Ltd, part of container lessor Florens Group, has extended its leasing and finance products and services portfolio to the container handling equipment market.... Click here for more Western Australia facing A$1B suit Australian building magnate Len Buckeridge's frustration with the government of Western Australia over the still-stalled James Point private port plan has boiled over, with the businessman last month lodging a claim for damages of A$1B.... Click here for more Gulftainer wins Tripoli bid Sharjah based terminal operator Gulftainer has been awarded the concession to develop and operate a new container terminal at the Port of Tripoli in northern Lebanon.... Click here for more ZPMC's biggest crane yet ZPMC has delivered what it claims is the largest ship-to-shore container crane built to date to Shanghai International Port Group (SIPG)'s Yangshan facility in Shanghai.... Click here for more New fruit terminal for Antwerp A new fruit terminal is being co-developed in Antwerp by Euroports group and Marseilles-based Compagnie Fruitiere, with an investment budget of around 8.2M.... Click here for more Board clears revamp of JNP mega terminal Jawaharlal Nehru Port (JNP), India's busiest container port near Mumbai, has received approval to split a planned new mega container terminal into two.... Click here for more Stemcor opts for Antwerp Stemcor, the world's largest independent steel handler, has signed a long-term contract with Katoen Natie for the handling and storage of steel at a specially-built distribution centre in the port of Antwerp.... Click here for more RFID Gate from Leghorn DP World is about to introduce five completely automated "fast lanes" at its Antwerp Gateway terminal using RFID Gate, a new system from Italy-based security seal specialist Leghorn Srl and its Belgian associate company, Leghorn-Perfra bvba.... Click here for more More STS cranes for HPC Ukraina As reported briefly in last month's WorldCargo News (p1), Odessa container terminal operator HPC Ukraina, part of Hamburg-based HHLA, has ordered three post-Panamax ship-to-shore cranes from Liebherr Container Cranes Ltd for the new deepwater container terminal being jointly developed by the company and Odessa Seaport Administration at Quarantine Mole.... Click here for more Hanoi box terminal approved Vietnam has approved plans to build an international container terminal in capital Hanoi's Gia Lam district, which will relieve pressure on the nearby Hai Phong port.... Click here for more Port-Evo for Dhaka ICD UK-based Port Evolution Management (Port-Evo) has entered into a joint venture deal with Rupayan Port & Logistics Services Ltd to develop and operate Bangladesh's first private inland container terminal.... Click here for more CHEC to expand Takoradi The Ghana Ports and Harbours Authority (GPHA) has signed an agreement with China Harbour Engineering Co (CHEC) to work on the first phase of the US$150M Takoradi port infrastructure development project.... Click here for more JOIN US ON LINKEDIN The WorldCargo News LinkedIn group complements WCN in print and online and offers you the opportunity to discuss key issues and network with your peers and a wide cross-section of industry experts. Join the discussion now at http://lnkd.in/x932Pg Unsubscribing You can change your selection of content in your Market Briefing from WorldCargo News Online, or unsubscribe at any time. Click here and then click on 'Edit your email Alert' to modify your selection or to unsubscribe. If you have mislaid your password, enter your email address - angelo.evangelista2006.schedule@blogger.com - into 'Your email address' and click on 'Remind me': your password will be emailed immediately to that email address. Why not subscribe to the Market Briefing from Bulk Materials International? Just click here to subscribe and select the subjects that suit you. Publisher WCN Publishing Northbank House 5 Bridge Street Leatherhead SURREY KT22 8BL United Kingdom Tel: +44 (0)1372 375511 Fax: +44 (0)1372 370111 Visit other WCN Publishing publications: Bulk Materials International (c) WCN Publishing FEATURED EVENT TOC Container Supply Chain: Asia TOC Container Supply Chain: Asia is returning in 2013 to Hong Kong - the vibrant maritime hub of Asia Pacific region. 12-14 March 2013 Hong Kong Convention and Exhibition Centre (HKCEC), Hong Kong Click here for more information Reports Container Terminal Planning - A Theoretical Approach A major study by Dr Itsuro Watanabe (Container System Technology). This comprehensive 245 page study is an in-depth analysis of capacity constraints, productivity, selectivity and flexibility of different container handling systems in terminals of different types and sizes: common-users or dedicated; hub centre (transshipment and/or relay) or import/export vocation; gateway or feeder port; intermodal rail or truck distribution inland; with or without CFS, etc. Click here for more information Upcoming events FEATURED EVENT Multimodal 2013 Now entering its sixth year, Multimodal is the UK and Ireland's leading one-stop shop freight transport and logistics exhibition. 23-25 April 2013 NEC Birmingham, UK Click here for more information TOC Container Supply Chain: Asia 12-14 March 2013 Hong Kong Convention and Exhibition Centre (HKCEC) Hong Kong Click here for more information IMHX 2013 19-22 March 2013 NEC Birmingham United Kingdom Click here for more information Cool Logistics Africa 16-18 April 2013 Vineyard Hotel & Spa | Cape Town South Africa Click here for more information Multimodal 2013 23-25 April 2013 NEC Birmingham UK Click here for more information IAPH 2013 6-10 May 2013 JW Marriott at LA LIVE, Los Angeles, California USA Click here for more information 38th TOC Container Supply Chain: Europe 25-27 June 2013 Ahoy, Rotterdam Netherlands Click here for more information Cargo Logistics Canada Expo & Conference 29-30 January 2014 Vancouver Convention Centre West Canada Click here for more information CargonewsXpress - Edition 1430 If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1430 Headlines Alaska Air Q4 profit drops 31% on fuel hedging Southwest Airlines posts lower profit as costs rise United Continental Q4 loss widens to $620m Tiger Airways snaps six-quarter losing streak Air New Zealand starts daily flights to Shanghai, Tokyo Antwerp building world's largest lock Time:matters expands its China network Union Pacific's profit beats estimates Nissan develops truck with battery-powered cooling system Etihad Airways records profit for second year running SIA plans $11.6b investment in next five years Turkey to build world's biggest airport US Airways fourth quarter profit doubles Japan finds no defects in 787 battery DP World to invest 81.7m in JNPT project Shippers gloomy on exports from China Frozen cargo makes vessel list off England Agility opens new warehouse in Malaysia Contents Alaska Air Q4 profit drops 31% on fuel hedging Alaska Air's fourth-quarter earnings fell 31 percent as fuel-hedging adjustments masked the airline's improved revenue, reported Dow Jones Newswires. Southwest Airlines posts lower profit as costs rise Southwest Airlines reported lower quarterly profit as it wrestled with higher costs for fuel, maintenance materials and salaries, reported Reuters. United Continental Q4 loss widens to $620m United Continenta, the world's largest carrier, posted a bigger fourth-quarter loss as costs rose and revenue fell, and the carrier said it expects to cut more than 600 management and administrative jobs. Tiger Airways snaps six-quarter losing streak Singapore-based budget carrier Tiger Airways swung to a profit in its fiscal third quarter, snapping a six-quarter losing streak, thanks to improved passenger traffic, yields and utilisation of its fleet, reported Dow Jones Newswires. Air New Zealand starts daily flights to Shanghai, Tokyo Air New Zealand is now operating daily return services to Shanghai and Tokyo in response to strong growth in the Asian market, reported Dow Jones Newswires. Antwerp building world's largest lock Belgium is building the world's largest lock – as wide as a 19-lane highway – ready to welcome the latest generation of giant ships after Europe's brace of new trade deals, reported Reuters. Time:matters expands its China network Time:matters, the expert in international Special Speed Logistics, is expanding its network in China. Union Pacific's profit beats estimates Union Pacific Corp, the No.1 US railroad, reported a quarterly profit above analyst estimates as higher pricing helped to make up for a fall in volumes but it warned of a tough 2013, reported Reuters. Nissan develops truck with battery-powered cooling system Nissan Motor has developed the world's first truck with a refrigerator compartment run only by a lithium-ion battery system without using the power of the engine, reported Kyodo News. Etihad Airways records profit for second year running Etihad Airways, the national airline of the United Arab Emirates, was profitable again in 2012, said the airline's president and chief executive, James Hogan, reported Al-Bawaba News. SIA plans $11.6b investment in next five years Singapore Airlines plans to increase its capital expenditure for the next five years by 67 percent to buy new planes and improve its cabins as it battles for market share in an industry facing declining demand from the important corporate market, Turkey to build world's biggest airport Turkey plans to build what it said would be the largest airport in the world in Istanbul, eventually able to handle 150 million passengers per year, in a project seen costing more than US$9.3 billion, reported Reuters. US Airways fourth quarter profit doubles US Airways fourth-quarter profit more than doubled as higher revenue offset cost increases, which sent the carrier's shares up nearly four percent in early afternoon trading. Japan finds no defects in 787 battery Japanese regulators said no potential problems or defects had yet been found in an inspection of the supplier of a burnt battery found on an All Nippon Airways 787 Dreamliner, reported Dow Jones Newswires. DP World to invest 81.7m in JNPT project DP World, the Dubai Government-owned port company, will make an equity investment of US$81.74 million in the recently awarded container terminal project at Jawaharlal Nehru Port, reported The Hindu. Shippers gloomy on exports from China Many in the shipping industry see a sluggish year ahead for Chinese exports, a cornerstone of the world's No. Frozen cargo makes vessel list off England Cargo vessel lists A Croatian cargo ship began listing off the coast of Wearside, England after its cargo of wood froze, making the ship heavier in certain areas. Agility opens new warehouse in Malaysia Agility, a logistics provider, has expanded its offering to customers with the opening of a state-of-the-art logistics centre in Melaka on the Malay Peninsula.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. Wednesday, January 23, 2013 CargonewsXpress - Edition 1429 If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1429 Headlines Delta Air says profit falls but better results coming Istanbul sets deadline for airport bidding Ukraine's largest airline grounded BA in alliance talks with India's IndiGo Indian jet repossession row may scare off funds Shipowner forced to sell vessels as revamp fails Cosco Pacific to issue dollar notes to fund expansion Canadian National Q4 profit climbs 3% Coal slump hits US railroad results THAI to pay $16m incentive to staff Heathrow cancels more flights as snow continues Boeing Dreamliner probes intensify Founder of easyJetthreatens to sell stake SpiceJet swings to Q3 profit Coimbatore Airport set for major expansion Stansted purchase backed with $1.9b loan Asiana Airlines acquires 50% stake in Vietnam hotel complex Contents Delta Air says profit falls but better results coming Delta Air Lines reported a lower fourth-quarter profit but said it expected better results this year as it makes targeted investments in operations and products to drive revenue, reported Reuters. Istanbul sets deadline for airport bidding The deadline for bids in a tender to build Istanbul's third airport has been set as April 5, a Turkish official told Reuters. Ukraine's largest airline grounded AeroSvit, Ukraine's largest airline, will seek protection from its creditors in court this week after grounding most of its flights and leaving hundreds of people stranded across the globe due to financial problems, reported Reuters. BA in alliance talks with India's IndiGo British Airways is in talks with India's biggest carrier, IndiGo, over a ticketing and baggage sharing agreement, a source with direct knowledge of the discussions said, reported Reuters. Indian jet repossession row may scare off funds One of the world's largest leasing firms has warned India the failure of troubled carriers like Kingfisher Airlines to return airplanes when they cannot pay their bills could put the country's aviation growth at risk by scaring away new funding. Shipowner forced to sell vessels as revamp fails Fourteen container vessels managed by German shipping group Claus-Peter Offen will be sold in a fire sale because their income is no longer enough to service the loans. Cosco Pacific to issue dollar notes to fund expansion Port operator Cosco Pacific Ltd. Canadian National Q4 profit climbs 3% Canadian National Railway (CN) said its fourth-quarter earnings climbed three percent on record revenue, and citing a "solid" outlook for earnings, it boosted its quarterly dividend by 15 percent, reported Dow Jones Newswires. Coal slump hits US railroad results Slumping demand for coal continued to hurt the bottom lines of CSX Corp and Norfolk Southern Corp, although both big US railroads said cost cuts and increased shipments of other freight helped mitigate the declines, reported Dow Jones Newswires. THAI to pay $16m incentive to staff Thai Airways (THAI) chairman president Sorajak Kasemsuvan has agreed to pay an incentive of US$16.82 million to staff, THAI labour union chairwoman Jaemsri Sukchoterat said, reported the Bangkok Post. Heathrow cancels more flights as snow continues London's Heathrow airport cancelled 10 percent of flights on Monday because of snow, about half the number cut on Sunday, and said there could be further disruption with more snowfall expected, reported Reuters. Boeing Dreamliner probes intensify International investigations into the battery malfunctions that grounded Boeing Co's 787 Dreamliner jet are accelerating, with US and Japanese experts pursuing some new and possibly differing leads, reported Dow Jones Newswires. Founder of easyJet threatens to sell stake Stelios Haji–Ioannou, easyJet's founder, has threatened to sell down his 37 percentpc family stake in the airline if directors persist with an order for new aircraft, reigniting a row over the company's expansion plans. SpiceJet swings to Q3 profit India's SpiceJet reported a net profit for its fiscal third quarter compared with a year-earlier loss, as the budget airline benefited from lower competition and cost controls in a typically weak travel season, reported Dow Jones Newswires. Coimbatore Airport set for major expansion The Coimbatore Airport is all set for a major take off as the preliminary notification has been issued for acquiring 629 acres for the construction of a new Rs. Stansted purchase backed with $1.9b loan Manchester Airports Group's (MAG) US$2.4 billion acquisition of London's Stansted airport is being backed with a $1.91 billion club loan from a group of 13 banks, banking sources said on Monday. Asiana Airlines acquires 50% stake in Vietnam hotel complex South Korea-based Asiana Airlines has acquired a 50 percent stake in the commercial center and hotel complex Kumho Asiana Plaza Saigon in Vietnam's southern economic hub of Ho Chi Minh City at the cost of US$67.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. Monday, January 21, 2013 CargonewsXpress - Edition 1428 If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1428 Headlines AAT sees slight rise in 2012 tonnage Schiphol Cargo cushions impact of weak markets Snow hits London and Paris flights Manchester Airports Group buys Stansted Air Berlin staff may have to forego part of wages Dreamliner battery didn't exceed designed voltage White sugar exporters switch to boxes CSCL expects net profit of 83.7m for 2012 SingPost buying 62.5% of freight forwarding firm European Commission refused to grant UPS extra time Contents AAT sees slight rise in 2012 tonnage Asia Airfreight Terminal (AAT) announced that its tonnage throughput in December 2012 was 68,252 tonnes, recording a growth of 11 percent compared with the same period last year. Schiphol Cargo cushions impact of weak markets Amsterdam Airport Schiphol finished 2012 with its strongest quarter for cargo, and resilience in most markets largely overcame continuing softness in traffic to and from Asia and the USA. Snow hits London and Paris flights London's Heathrow Airport cancelled a fifth of flights on Sunday and airlines scrapped 40 percent of flights to Paris's main airports as snow blanketed parts of Europe, reported Reuters. Manchester Airports Group buys Stansted Manchester Airports Group (MAG) has agreed to buy London's Stansted airport from Heathrow Airport Holdings for US$2.4 billion. Air Berlin staff may have to forego part of wages Air Berlin employees may face wage cuts over the next two years as part of the carrier's turnaround programme, German weekly magazine Der Spiegel reported without naming the source of the information. Dreamliner battery didn't exceed designed voltage The National Transportation Safety Board added a new twist to the high-profile probes of electrical malfunctions aboard a pair of Boeing Co's 787 airliners by disclosing that the battery which caught fire on a parked Japan Airlines jet earlier this White sugar exporters switch to boxes The white sugar market is increasingly switching to containers for shipment because they are cheaper and more flexible than conventional bulk vessels, reported Reuters. Cargill's former sugar head is setting up a venture to exploit this niche trade. CSCL expects net profit of 83.7m for 2012 China Shipping Container Lines (CSCL) expects to post a net profit of US$83.7 million for 2012 as the container shipping market improved, reported Reuters. This compared with a net loss of $440.22 million in 2011, the company said in a statement. SingPost buying 62.5% of freight forwarding firm Singapore Post (SingPost) is buying a majority stake in a freight-forwarding company for US$48.79 million to help grow its logistics business, reported Business Times Singapore. Following the acquisition, SingPost will hold a 62. European Commission refused to grant UPS extra time The European Commission refused to provide United Parcel Service (UPS) with more time to resolve anti-trust concerns about its proposed acquisition of TNT Express, after it raised concerns about the viability of the proposed purchaser of the remedy   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. Tel: 852-3965 7800 Fax: 852-2508 0255 Contact Editorial: cnaedit@cargonewsasia.com.hk Advertising: octang@cargonewsasia.com.hk Other enquiry: customer@cargonewsasia.com.hk You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here. If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form. This news service is designed for optimal viewing with MS Outlook. Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. Subscribe to: Comments (Atom) Google Analytics jobs @ JobStreet.com Loading... Feedjit Subscribe via email Enter your email address: Delivered by FeedBurner Vessel Schedule Loading... 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