Trans-Global Relocations commences operations

Published : 12:00 am  April 1, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  694 views  |  

Trans-Global Relocations has commenced operations to serve a growing market with quality services. The Company is spearheaded by CEO/Managing Director Suresh Marcellus who brings with him over 30 years of experience and a wealth of knowledge in the moving industry. Suresh had his initial training in the early ’80s in Singapore with Vanpac Carriers Inc., which included packing and port operational training.  Read More →


SriLankan Cargo carries first shipment from MRIA to Chennai

Published : 12:00 am  April 1, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  355 views  |  

Commencing cargo operations from the Mattala Rajapaksa International Airport (MRIA), SriLankan Airlines’ cargo operations’ took over the first shipment to Chennai from its long-standing, top agent ExpoLanka Freight. The shipment contained garment accessories, weighing 900 kg.  Read More →


Cathay Pacific orders three Boeing 747-8Fs

Published : 12:00 am  April 1, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  749 views  |  

Cathay Pacific has ordered three Boeing 747-8 Freighter airplanes. The order, valued at approximately $ 1 billion at list prices, also includes options for five additional 777 Freighters. The new additions will bolster Cathay Pacific’s 747-8 Freighter fleet to 13 airplanes.  Read More →


Small boost to global airlines profitability in 2013

Published : 12:28 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  1,026 views  |  

IATA estimates industry profit margin to improve to 1.6%; forecasts $ 10.6 b net post-tax profitGeneva: The International Air Transport Association (IATA) announced a modest improvement in its outlook for the 2013 financial performance of the global airline industry primarily based on stronger revenues. IATA now expects airlines to produce a combined net post-tax profit margin of 1.6% (up from the previously forecast 1.3%) with a net post-tax profit of $10.6 billion (up from the previously projected $8.4 billion).  Read More →


Growing Flydubai grateful to Lankan authorities

Published : 12:25 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  688 views  |  

Flydubai, a Dubai-based airline, became the second international carrier to call at the Mattala Rajapaksa International Airport on 18 March. The airline said they are grateful for the support and facilitating services provided by the Sri Lankan authorities. “We are grateful to the authorities for their continued support and for giving Flydubai the opportunity to serve the Sri Lankan market. We launched flights to Colombo in July 2010 with a four-time weekly service.  Read More →


Emirates SkyCargo recognised for achieving air cargo excellence

Published : 12:25 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  798 views  |  

2013 Diamond Award presented by Air Cargo World at the World Cargo SymposiumEmirates SkyCargo was presented with Air Cargo World’s Air Cargo Excellence Award last week, as the World Cargo Symposium drew to a close in Doha, Qatar. The top Diamond award presented to Emirates SkyCargo recognised its achievements in the Air Carrier 800,000 or more tons category.   Receiving the award, Ram Menen, Emirates Divisional Senior Vice President Cargo said: “This award draws attention, not only to the excellence of our operations, but the excellence of our team throughout the network.”  Read More →


Gulf Air ranked second in punctuality

Published : 12:24 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  882 views  |  

Gulf Air, Bahrain’s national carrier, was ranked second among major global airlines for on-time-punctuality for February. The airline has also maintained the top position for its on-time-performance (OTP) as a full service carrier in the Middle East region, a statement said. Statistics released by FlightStats Data, the industry leader in flight information services, revealed that Gulf Air has registered an on-time punctuality of 90.77% for its flights arrival in February, it said.  Read More →


FedEx cuts forecast as air freight weakness hits profit

Published : 12:24 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  1,079 views  |  

Reuters: FedEx Corp cut its full-year forecast after a worse-than-expected quarterly profit as customers shift from air express to slower but cheaper modes of international shipping. The No. 2 US package-delivery company said it would step-up restructuring efforts, cut capacity in Asia and realign its global aircraft network to cut costs and boost earnings.  Read More →


70 students complete licensing course for logistics companies, freight forwarders

Published : 12:19 am  March 25, 2013  |  Category: Shipping / Aviation  |  4 Comments  |  938 views  |  

Shippers’ Academy Colombo (SAC), an approved institution by the Director Merchant Shipping and its partner Sri Lanka Foundation (SLF – the only Government institute to conduct this special course), successfully conducted the Certificate Course in Logistic Services, Freight Forwarding and Multimodal Transport for two batches of 70 students. This course is a mandatory requirement by the Government since 2011, when obtaining the license to run a business in logistics/freight forwarding.  Read More →


Maersk to hike Asia-to-Europe rates again

Published : 12:18 am  March 25, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  261 views  |  

COPENHAGEN (Reuters): Danish oil and shipping group A.P. Moller-Maersk A/S said it would increase Asia-to-Europe container rates for a second time this year, calling existing rates unsustainable.  Read More →


Page 101 of 260« First...102030...99100101102103...110120130...Last »