All Asia articles – Page 55
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News
Hactl wins Aviastar handling
Moscow-based carrier Aviastar-Tu has appointed Hong Kong Air Cargo Terminals Limited (Hactl) to handle its new freighter services from eastern Russia.Aviastar-Tu has started weekly operations from Tolmachevo to Hong Kong, using a Tupolev Tu-204C freighter aircraft with 28.5 tonne payload and 14 pallet positions. It plans to increase services to ...
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Changi launches new pharma community
Changi Airport has launched a new pharma community that will work towards improving the local supply chain's ability to handle pharmaceutical air cargo.As well as the airport group, the Pharma@Changi initiative includes Bollore Logistics, CEVA logistics Singapore, DHL Global Forwarding, dnata Singapore, Expeditors Singapore, Global Airfreight International, SATS, Schenker Singapore ...
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News
Emirates SkyCargo reports boom in flying fish from Sri Lanka
Emirates SkyCargo has reported a boom in fish volumes from Sri Lanka to Europe after a ban on their export was lifted by Brussels last year.The airline said it is currently transporting about 100 tons of edible fish a week from Colombo to markets in Europe and the US.In the ...
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FedEx to double size of air cargo facilities at Incheon airport
FedEx Express has revealed it will double the size of its air cargo handling facility at Incheon International Airport as it looks to cater for rising volumes in South Korea.Establishing a new cargo facility at Incheon International Airport is a strategic move for FedEx — the airport has seen the ...
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Singapore links up with Lufthansa Group
Singapore Airlines and Lufthansa Group have confirmed 1 October as the official launch date for their joint venture for passenger flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium.The two carriers have been stepping up their cooperation since 2015, introducing new services between Singapore and Dusseldorf in July 2016. ...
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UPS seals joint venture with China’s SF Express
UPS and SF Express’s parent company, SF Holding have gained China Ministry of Commerce approval for their planned joint venture.The two operators will collaborate on international delivery services from, initially, China to the US and, in future, on other trade lanes.In a statement , UPS and SF Holding said the ...
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Alibaba takes control of China delivery firm
Asian online retailer Alibaba has taken a controlling stake in China’s Cainiao Smart Logistics. It has increased its investment by 5.3 billion yuan ( $807 million), raising its stake in the company from 47 to 51% and giving it four out of seven seats on the logistics company’s board.While Cainiao ...
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News
Volga-Dnepr and ACS help dig miners out of a hole
Having one of Volga-Dnepr’s IL-76TD-90VD freighters on hand helped Air Charter Service quickly move a 27-tonne drilling machine from Perth, Australia to a mining project in India.Destined for Ahmedabad, the largest city in the Indian state of Gujarat, the sensitive piece of mining equipment was over 15 metres long and ...
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Airports see strong Far and Middle East growth
Air freight through Asia-Pacific airports grew 9.3% and 10.6% in the Middle East during July, according to the latest figures from Airports Council International Asia-Pacific.ACI-AP said that exports continued to drive strong air freight growth in the Asia-Pacific region during the month, with Hong Kong up 11.1%, Shanghai Pudong by ...
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Third Hong Kong runway passes finance hurdle
The Hong Kong Airport Authority has released a report on the detailed funding study for a three-runway system (3RS) after it was accepted in principle by its board.HSBC bank was appointed by the AA as financial advisor last year to study the detailed funding plan for the 3RS project. It ...
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Asian airlines put in solid August performance
Expansion in international air cargo continued unabated, said the Association of Asia Pacific Airlines (AAPA) in its August traffic results, published on 26 September. was supported by high business confidence levels in services and manufacturing, it added.Firm demand for manufactured products, particularly pharmaceuticals and IT equipment, underpinned a 12.2% increase ...
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BEST Inc the latest Chinese logistics firm to raise funds through listing
BEST Inc has become the latest Chinese express and logistics firm to raise funds through an IPO.The Alibaba-backed company raised $450m through a listing on the New York Stock Exchange in what is the largest IPO of a Chinese firm in the US since ZTO Express raised $1.4bn in October ...
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Union expresses concerns over new Cargolux JV
Cargolux union LCGB has expressed its concerns over the all-cargo carrier’s new Chinese joint venture and its impact on jobs in a meeting with the Luxembourg minister for sustainable development and infrastructure.In the meeting, the union expressed its concerns that Cargolux could transfer some of its aircraft to Henan Cargo ...
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News
DoKaSch in pharma container link-up with China Airlines
ULD equipment specialist DoKaSch Temperature Solutions is expanding the global network for its Opticooler temperature-controlled container range for pharma products by linking up with Taiwan-based China Airlines.Frankfurt-based DoKaSch said that the deal enables customers to lease Opticooler, its latest technology of active containers, from China Airlines on the carrier's network ...
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NewsAsian Cargo Monthly: International demand leads the way
Air cargo demand at Asian airlines continued to improve in August, with international and regional routes boosting performance.The latest figures from the region’s largest cargo carrier, Cathay Pacific, show that its cargo traffic increased by 11.3% in August to reach 974m cargo and mail revenue tonne kms.Traffic growth for the ...
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Hong Kong cargo volumes soared 10.1% in August
Hong Kong International Airport (HKIA) recorded solid growth in August 2017 as cargo traffic "soared" 10.1% to 412,000 tonnes, compared with like month last year.Exports, which registered a 12% robust increase, were the main driver behind the strong growth in cargo throughput. Transhipments also rose by 10% during the month.A ...
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ICAO backs Turkmenistan's freight ambitions
ICAO has backed Turkmenistan's plans for its new Ashgabat airport to become a freight hub, but also highlighted a number of priorities it should pursue to support air traffic growth.In a meeting last week with the president of Turkmenistan, Gurbanguly Berdimuhamedov, ICAO Council President Olumuyiwa Benard Aliu pledged support for ...
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Forwarder Tigers adds new China-Europe rail operation
Tigers is the latest freight forwarder to add a new rail service between Asia and Europe, offering an alternative to air and sea transport.The Hong Kong forwarder will transport goods both east and westbound between Duisburg and Hefei, Chongqing and Chengdu.Customers are able to charter an entire train, or book ...
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Boeing raises Chinese new aircraft forecast
Boeing has increased its forecast for the number of new aircraft that China will need over the next 20 years.The airframer has predicted that in total, China will need 7,240 new aircraft to be delivered by 2036 if it is to meet demand growth projections. This is a 6.3% increase ...
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Kerry Logistics eyes Singapore expansion as H1 revenues grow
Hong Kong-headquartered Kerry Logistics saw revenues “surge” in the first half of the year thanks to market growth and acquisitions.The fast-growing logistics firm saw first-half revenues increase by 31% year on year to HK$13.7bn, while core net profit was up 5% to HK$1bn.The revenue improvement came despite tough market conditions ...