On Tuesay, Secretary of Transportation Elaine Chao announced a package of 91 new infrastructure projects across the United States worth a combined $1.5 billion.

 

Geneva - The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast in June). Highlights of expected 2019 performance include:

 

ENAV (the Italian Air Navigation Service Provider) and the International Air Transport Association (IATA) presented the first edition of the Italian National Airspace Strategy.

Leading classification society Indian Register of Shipping (IRClass), won ‘Classification Society of the Year’ award at the Samudra Manthan Awards ceremony on 5 December, and on another occasion, the ‘Indywood Excellence Award for Professional Achievement – Class Compliance’ was bestowed upon Mr. Suresh Sinha, Managing Director of IRClass, recognising his efforts towards the development of the classification society landscape within the maritime sector.

The European Commission has added the first non-European shipbreaking yards to the list of approved facilities licensed under the new European Ship Recycling Regulation (SRR). The additions do not include South Asian yards, but they do add new geographic options.

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.3% compared to the same month last year. This marked a rebound from 5.5% growth recorded in September, which was an eight-month low. Capacity also grew 6.3% and load factor was flat at 81.1%, matching last year’s record for the month.

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 3.1% in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5% in September.


Mediterranean Shipping Company (MSC) has announced new bunker charges as of January 1, 2019 to comply with the 2020 sulfur cap, which is anticipated to cost the shipping industry $60 billion annually.

China's National Energy Administration has approved a trial effort to transport substantial volumes of LNG using intermodal containers on a feeder ship.

Finnair will add a new daily frequency year-round on both its routes to Moscow and St. Petersburg in Russia as of March 31, 2019. The flights will be flown with an Embraer 190 aircraft. The new additions will bring the total amount of weekly flights up to 27 on the St. Petersburg route and up to 28 on the Moscow route.

Tomorrow’s transport system will be based on the principles of sustainability: principles which are already at the core of road transport operators’ business.
At the IRU World Congress in Oman, IRU’s global membership adopted the 2050 Decarbonisation Vision demonstrating the readiness of the sector to make far-reaching changes and investments in a sustainable future, striving to play their part in meeting the Paris climate change targets. A key tenet of the vision is the need for a cross-modal, cross-sectoral approach to decarbonisation, involving a strong public-private partnership in shaping the way ahead.

The World Trade Organization (WTO) has published an analysis of the potential impact of blockchain technology on international trade: Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation.

PORT OF KIEL expands cruise passenger handling capacities

 

The International Air Transport Association (IATA) called on the government of Colombia and aviation stakeholders to work together to grow the economic benefits that aviation delivers to the country.

On October 30, the Bolivian government awarded international classification to Central Aguirre, Gravetal and Jennefer - three river ports on the Paraguay-Paraná waterway that connects the landlocked nation of Bolivia with Argentina, Brazil, Paraguay, Uruguay and the Atlantic Ocean.

 

The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


Address:

International business magazine JŪRA MOPE SEA
Minijos str. 93, LT-93234 Klaipeda, Lithuania
Phone/Fax: +370 46 365753
E-mail: news@jura.lt
www.jura.lt

 


Publisher:

Ltd. Juru informacijos centras


The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt