Friday 25th April 2014

Maersk dampens hopes for quick freight recovery

Published : 12:00 am  May 28, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  249 views  |  

Group sees 2012 result “slightly lower” than 2011 Sees container shipping at loss to neutral this year CEO sees hope for further freight rate rises in 2012 COPENHAGEN (Reuters): Danish shipping and oil group A.P. Moller-Maersk dampened hopes for a quick recovery in freight rates, nudging up its 2012 results forecast to a level that would still fall short of its performance last year.  Read More →


Mahinda inspects second stage development at H’tota Port

Published : 12:00 am  May 28, 2012  |  Category: Shipping / Aviation  |  Leave a Comment  |  520 views  |  

President Mahinda Rajapaksa last week visited the Hambantota Port in the South and inspected the progress of the second stage development at the site. The second phase of the Port of Hambantota project estimated to cost around US$ 750 million will include a container terminal. It is expected to be completed by 2014.  Read More →


70% of world’s busiest inter-city routes within Asia says Amadeus

Published : 12:02 am  May 21, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  304 views  |  

Asia leads the world’s growth in travel and holds seven out of the ten busiest inter-city routes. In addition to the BRIC markets, Indonesia, the Philippines and Chile showed an impressive growth, according to analysis by the market intelligence solution Amadeus Total Demand.  Read More →


Sri Lanka’s hidden marine potential is huge

Published : 12:01 am  May 21, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  512 views  |  

SL well placed to develop all classes of Marinas known to the shipping and boating world -Int’l Marina Specialist Simon Arrol SL also a natural hub for world cruising yachts   Colombo’s Marina potential packs strong worldwide free publicity potential essential for a fast growing tourist destination    Read More →


APL receives largest, most advanced vessel

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  312 views  |  

APL’s largest and newest vessel is also its most environmentally-friendly and fuel-efficient. The Singapore-based carrier says the 10,700-TEU APL Southampton, which called on the Port of Singapore on her maiden voyage recently, has been fitted with a ballast water treatment system and an electronically-controlled main engine, signalling a new era of sustainable ships entering its fleet.    Read More →


Engine problem delays US rocket launch

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  Leave a Comment  |  269 views  |  

CAPE CANAVERAL, (Reuters): The launch of a privately owned Falcon 9 rocket from Cape Canaveral Air Force Station was delayed on Saturday when a computer detected a possible problem with one of the rocket’s engines, a Space Exploration Technologies official said.  Read More →


Double-digit growth in passenger traffic for airports in Asia Pacific

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  159 views  |  

According to the latest ACI Passenger and Freight Flash Reports, passenger traffic in the Asia Pacific region continued to show  strong and steady growth in March 2012. A year-on-year increase of 10.8% was recorded for airports in the Asia Pacific area whereas airports in the Middle Eastern showed an even more remarkable increase of 16.4% when compared to March 2011.  Read More →


Travel agent’s top three technology wish list revealed

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  2 Comments  |  560 views  |  

Amadeus has revealed the ‘Top 3’ technology demands from Asia Pacific travel agents in 2012, following its annual Asia Pacific Customer ThinkTank held in Hong Kong this year. Over 40 C-level travel agency customers from across Asia Pacific joined the event to discuss key issues that the travel industry is facing in 2012, share opinions and ideas, and discuss their top technology demands to meet their evolving business needs.  Read More →


Mauritius, Somalia in deal to prosecute pirates

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  1 Comment  |  166 views  |  

PORT LOUIS,(Reuters): Mauritius said on Friday it has agreed to prosecute Somali pirates, helping overcome one of the hurdles to cracking down on the wave of piracy that has hit international shipping. The island nation said it had reached agreement with Somalia, and the semi-autonomous regions of Somaliland and Puntland, to accept suspected pirates for prosecution and trial starting in June.  Read More →


Expolanka Freight crowned for 7th consecutive year at ‘Limited Brands Best Global Performance Awards’

Published : 12:00 am  May 21, 2012  |  Category: Shipping / Aviation  |  Leave a Comment  |  781 views  |  

Expolanka Freight Ltd, was awarded as Limited Brands, USA’s “Best Global On-Time Performer” and the “Best On-Time Lane Performance” award for the year 2011 & for the 7th successive time, at the glittering awards ceremony held in Hong Kong recently.  Read More →


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