HONG KONG-based Dragonair has announced plans to commence service to Kolkata, its second destination in India after launching flights to Bangalore in 2008.
Subject to government approval and the date on which the new airport terminal is opened, the service to Kolkata will commence in winter 2012 with four flights a week operated by Airbus A320 aircraft, a company statement said.
The service will link the carrier's Hong Kong hub and its Mainland China network to destinations in North America and Australia through connections to the global network of sister airline Cathay Pacific.
"The launch of a new service to Kolkata marks an important step in building Dragonair's presence in the Indian market," said chief executive officer Patrick Yeung. "India is one of the major economies in Asia and the country has an increasing influence on the world stage."
Kolkata will be the seventh destination to be launched or resumed by the airline this year that includes flights to Xi'an, Guilin, Jeju and Taichung since April. It will launch scheduled services to Clark in the Philippines towards the end of May and to Chiang Mai, Thailand in July.
"Brazil is an important market for Cargolux," Mr Reimen said. "It is the economic engine of the region. The presence of multinational companies has stimulated demand for fast and reliable air cargo transport, which is precisely what we offer our customers."
Shipping Gazette - Daily Shipping News
DESPITE reporting a net loss of US$18.3 million last year, Luxembourg-based freight carrier Cargolux is expanding its network with the launch of two new weekly routes to Chongqing, China, in mid-May and has commenced weekly cargo service to Manaus, Brazil.
A company release said Cargolux will fly from Luxembourg to Manaus via Sao Paulo, and then route through Quito, Ecuador; Bogata; and Maastricht, Netherlands, before returning to Luxembourg.
On Cargolux's first route to Chongqing, it will depart from Luxembourg, route through Doha, Qatar, and Sharjah, United Arab Emirates, and then arrive at Chongqing Jiangbei International Airport the next evening. The carrier will then return to Luxembourg via Singapore; Kuala Lumpur; and Baku, Azerbaijan, one day later.
Cargolux's second service to Chongqing will route through Tbilisi, Georgia; Baku, Azerbaijan; and Singapore and then return to Luxembourg via Baku, according to the press release.
The decision to launch two weekly flights to Chongqing was based on the region's immense airfreight growth, added Mr Reimen. "We see a lot of potential in Chongqing, not least because of the planned expansion of the airport's cargo facilities to accommodate the region's burgeoning export market."
Cargolux expects to see large volumes of electronics, automotive parts and pharmaceuticals out of Chongqing. On the carrier's new Brazil route, transport equipment, footwear, cars and iron ore are projected to be the key exports, while machinery, chemical products, oil, electronics and automotive spare parts will likely comprise the main imports into Manaus' Eduardo Gomes International Airport.
"Brazil is an important market for Cargolux," Mr Reimen said. "It is the economic engine of the region. The presence of multinational companies has stimulated demand for fast and reliable air cargo transport, which is precisely what we offer our customers."
Shipping Gazette - Daily Shipping News
RUSSIA's AirBridgeCargo Airlines has inaugurated a new service from Moscow to Chongqing, Zhengzhou and back to Moscow, raising the number of Chongqing's international freighter service to 17, Xinhua reports.
The new service offers two flights per week on Tuesday and Friday, using Boeing 747-400 freighter. The flight arrives at Chongqing at 0015 hrs and leaves at 0315 hrs.
Shipping Gazette - Daily Shipping News
Sintana Energy (TSXV:SNN) recently announced the closing of an exciting business combination with ColCan, a private Canadian company, to acquire their oil and gas assets in Colombia.
InvestmentPitch.com has produced a "video news alert" summarizing these projects. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Sintana" in the search box.
Sintana is currently partnered with Petrodorado in the Talora block and with Canacol in the COR-39 and COR 11 blocks - all located in the Upper Magdalena Basin.
Under the terms of the agreement, ColCan contributed its interests in the VMM-15, 37 and 4 Blocks in Middle Magdalena Basin and the LLA-18 Block in the prolific Llanos Basin.
Sintana's CEO, Doug Manner stated, "The four new assets involved in this transaction provide Sintana with a significant advancement towards our strategic goals in the area. They enhance our prospect inventory and add tremendous reserve potential, both conventional and unconventional. The 25% carried interests in three of the blocks, as well as the 100% working interest in VMM-37, which could be farmed out for additional capital carries, allows Sintana to significantly increase its drilling inventory with minimal additional capital required."
The Magdalena is the oldest producing basin in Columbia. Major players such as Shell Oil, Ecopetrol, Lewis Energy, Canacol and others are also positioned in the region due to its huge, unconventional shale oil potential.
Two of the new blocks, the VMM-37 and VMM-4, are ideally located in this unconventional fairway.
Recently, Exxon Mobil, the world's largest oil and gas company acquired interests in the VMM-2 right next to Sintana's VMM-4 property. The attraction to this area is the fact that the shale is potentially 3 to 4 times thicker than the Eagle Ford Shale found in Texas.
The conventional and unconventional resource estimates in the Middle Magdalena are considerable - ranging from several billion to almost 40 billion barrels of oil.
The Sintana business combination was conditional upon a minimum 11 million dollar financing being completed by ColCan prior to closing. To complete the financing, ColCan entered into a bought deal financing with a syndicate of agents co-led by Canaccord Genuity and Cormark Securities which also includes Casimir, GMP and Clarus.
In other news, Sintana recently began its exploration program on the 175,000 acre Bayovar Block in Peru with 10 wells already permitted. Details on this program can be found on the company's website.
Sintana Energy has offices in Toronto, Dallas and Bogota and is listed on the TSX Venture Exchange under the symbol SNN.
Sintana currently trades at $0.15, and with approximately 114 million shares outstanding, is capitalized at $17 million.
Hugin Online
The United Arab Shipping Company (UASC) names 13,500 TEU containership in Hamburg on 25 May.
The AIN SNAN was delivered after a nine-month building phase in January of this year. The UMM SALAL, the first of nine UASC new builds in this size class already went into service in June 2011. During the course of the first five months of this year all nine vessels have been delivered from the builder Samsung Heavy Industries Shipyard in Korea, with whom the order was placed in July 2008.
The 366-metre-long and 48 metre-wide ultra large container ship (ULCS) has a loading capacity of over 145,000 DWT (dead weight tonnage), providing a capacity of more than 800 slots for refrigerated containers.
The ship is deployed on the AEC8 Far East – Red Sea – Europe Service in which CMA CGM and CSCL shipping lines are also partners which they market as FAL 2 / AEX 7.
In addition, Yang Ming, Hanjin, COSCO, have booked slots on this service. The port rotation is: Hamburg, Zeebrügge, Jeddah, Port Klang, Shanghai, Ningbo, Shekou, Hong Kong, Yantian, Port Klang, Jeddah, Le Havre, Rotterdam, Hamburg.
UASC invited around 100 customers, shipping company representatives, as well as the terminal operator Eurogate to the naming ceremony. During the reception it was possible to visit the containership. The Deputy Harbour Master, Andreas Brummermann personally on board for the ship’s naming ceremony, welcomed the Captain, Nazr Ul Islam and presented him with a plaque bearing the Admiralty Coat of Arms of the Port of Hamburg.
In the presence of UASC Vice President Europe, Bjarne Ehlig-Jensen, the naming ceremony was carried out by Emanuel Schiffer (Eurogate Management). The AIN SNAN was named with water from Zamzam spring in Mecca, Saudi-Arabia. These waters are said to rise from Paradise and have healing powers.
Being on her maiden voyage 13,500 TEU vessel MALIK AL ASHTAR, a sister ship of the AIN SNAN, moored at HHLA Container Terminal Burchardkai at the same time and therefore joined the ceremony from over there.
Hafen Hamburg Marketing e.V.
On May 25, according to a schedule beautiful Italian liner COSTA MEDITERRANEA moored at the berth #15 of the passenger terminal of Odessa port. It is the 5th visit of the ship's to South Palmyra. The city met the ship with music and empty streets (on the eve it was the strongest rain in the last 10 years, which made the traffic difficult in many city districts). The passengers were happy to meet with Ukrainian shore after the "breakthrough" through the stormy winds and waves. The liner came from Constanta and at 18.00 will head to Yalta. During 10 hours moorage the tourists (1933 persons onboard in total) will have time to see the sights of the city on the bus and walking tours. During the moorage of the ship travel agencies have driven 31 tour buses. The liner COSTA MEDITERRANEA (the length of 292.5 meters, flag Italy) is the fourth in length and passenger capacity cruise ship this season. The ship was built and launched in 2002 at the New Shipyard in Helsinki (Finland) is a twin ship of Costa Atlantica. Its interior is made in the style of classical decoration of the old castles of Italy. The ship belongs to the cruise company Costa Crociere.
Odessa Commercial Sea Port
APM Terminals has submitted a proposal to the Commonwealth of Virginia for a strategic partnership with the Port of Virginia, which the terminal operator values at between US$3 and $4 billion.
APM Terminals is offering to operate all the Port of Virginia's facilities in Hampton Roads and related inland locations under a long-term concession agreement with the Virginia Port Authority (VPA).
Under the terms of the proposal, APM Terminals will transfer ownership of its facility in Portsmouth to the Commonwealth. APM Terminals will also pay concession fees, make additional capital investments, and provide a share of the operations' revenue to the VPA.
"We are excited about this proposed next step in our relationship with the Commonwealth of Virginia and the Virginia Port Authority," said Eric Sisco, APM Terminals Americas Region president in a company statement.
"Our commitment to Hampton Roads has been long and substantial. We have operated in the port for over 30 years, and the $540 million we spent to build our Portsmouth facility represents one of the largest private investments ever made in the Commonwealth."
The proposal submitted under the guidelines of the Virginia Public-Private Transportation Act will undergo a detailed review in the coming months. The 50 page document has been submitted to the Commonwealth of Virginia's Office of Transportation Public-Private Partnerships and can be obtained by going to: http://www.vappta.org/unsolicited_conceptual_ppta_proposal_brto_operate_port_of_virginia.asp
Shipping Gazette - Daily Shipping News
APL, a unit of Singapore-based Neptune Orient Lines (NOL), and Pacific International Lines (PIL) is to launch a new joint service linking the Far East and Red Sea.
In a joint statement made by both carriers, APL and PIL said the Red Sea is an important market for exporters in Central and Southern China. By providing weekly sailings from major Asian ports, as well as competitive transit times from Asia to Red Sea ports via the trans-shipment hub in Singapore, both lines are confident that their customers would be well-served with these new connections.
The joint service will deploy eight post-panamax vessels of about 6000-TEU capacity of which three will be operated by APL and PIL five vessels. The port rotation of the new service will be as follows: Shanghai, Ningbo, Xiamen, Chiwan, Nansha, Singapore, Djibouti, Aden, Jeddah, Sukhna, Aqaba, Djibouti, Singapore, Nansha and Shanghai. The first vessel will begin its maiden voyage on June 21.
Singapore-based PIL is ranked 19th amongst the top containership operators in the world, owns and operates a fleet of about 143 vessels with a total capacity of about 287,687 TEU.
Shipping Gazette - Daily Shipping News
EMIRATES Shipping Line has announced plans to introduce a General Rate Increase on its services from the Far East and South East Asia to East Africa, the Indian Subcontinent and the Middle East.
The Dubai-registered carrier said in a statement that the move is in light of recent market developments and in line with market conditions.
From June 1, it will raise the freight rate on its Far East and South East Asia to East Africa trade lane by US$250 per TEU.
On the same date it will increase the freight rate for its container shipping services from the Far East and South East Asia to the Indian Subcontinent by $200/TEU. This will be followed by a second GRI of $150 applicable to this trade lane on June 15.
Likewise, a GRI of $400/TEU on June 1 will be levied on its services from the Far East and South East Asia to the Middle East, followed by a second rate hike of $300/TEU on June 15.
Shipping Gazette - Daily Shipping News
2012-05-26
CANADIAN Pacific Railway has suspended Canadian service early this week after union workers began a strike after failing to hammer out a contract with management.
However, the company said CP railroad service within the US will not be affected. Railroad management and the Teamsters Canada Rail Conference, the union representing 4,800 engineers, conductors and rail traffic controllers, are still in negotiations. Canadian Labour Minister Lisa Raitt was unable to get the two parties to agree to a contract before the midnight deadline.
"We have made every reasonable effort to get a settlement," said Doug Finnson, TCRC vice president. "Every union member knows how important the outstanding issues are. We will not walk away from the negotiation table."
TCRC is trying to stop CP from shifting workers to a cheaper pension plan, and the union also said fatigue management issues haven't been fully addressed. But, the railroad said changes need to be made to the legacy pensions and post-retirement benefits to make CP competitive with other railroads.
Shipping Gazette - Daily Shipping News
THE new CEO of DB Schenker Rail Automotive GmbH, which handles Deutsche Bahn's rail freight activities for the automotive industry, Jens Noldner, 48, will take over his new position as of June 1.
Mr Noldner succeeds Axel Marschall, who was appointed to the management board of DB Schenker Rail at the beginning of the year to be responsible for German and European Sales, a company statement said.
The newly appointed CEO has been at DB Schenker Rail for 20 years, serving as managing director of DB Schenker Rail Automotive for the past three years. He holds a degree from Dresden University of Transportation.
"Jens Noldner has played a pivotal role in the development of our efficient DB Schenker Automotive RailNet," said Alexander Hedderich, CEO of DB Schenker Rail.
Up to 250 trains in the Automotive RailNet transport components and finished vehicles to and from plants throughout Europe. The network connects production sites and sales markets throughout Europe by rail from Sweden and Russia to Turkey and Portugal, and onwards to China.
Shipping Gazette - Daily Shipping News
HOLLAND-based Goltens Green Technologies (GGT) is poised to help shipowners who are concerned about meeting the UN's ballast water convention and sees it "simply as another environmental challenge to be negotiated".
In 2010, ship repair specialists, Goltens, established GGT to be an independent service provider to the BWT market aimed at helping shipowners meet the many new environmental regulations being introduced in the maritime industry.
Complying with the imminent ballast water treatment (BWT) convention is one of the most pressing issues in shipping and it is in this area that GGT is focusing. In barely 1.5 years, GGT has been involved in projects for 20 vessels. Its most recent collaboration with Optimarin and Saga Shipholding (Norway) is doubling this number to 44 vessels.
Thirty-two projects are installing Optimarin's Ballast Systems. Eight vessels are for GulfMark, owners and operators of a modern fleet of offshore support vessels that include: Platform Supply, Anchor Handling Towing Supply and Specialist Subsea Support Vessels.
The remaining 24 vessels are sophisticated open-hatch bulk carriers owned by Saga Shipholding, a subsidiary of Nippon Yusen Kaisha (NYK).
Optimarin provided GulfMark and Saga systems and GGT is installing them. Optimarin technical project manager, Kim Stian Haugland, said the 3D laser technology GGT employs for scanning and modelling to prepare the installation has proven especially effective. "The 3D scanning has become a very important part of initial investigation of ships and installation. More work can be done off the ship, saving time and money and enabling systems to be installed while vessels are in service."
Shipping Gazette - Daily Shipping News
NATIONAL Container Company, a container terminal operator in Russia and the CIS, announced that the name of its Ukrtranscontainer terminal in Ukraine has been officially changed to Container Terminal Ilyichevsk (CTI).
It said in a statement that the change of the name is "aimed to emphasise the company's business area and geographical location as the only container terminal in Ilyichevsk port."
The terminal's registered name was changed in accordance with the legal procedures on May 15.
Container Terminal Ilyichevsk has an annual container handling capacity of 850,000 TEU and is able to accommodate vessels of up to 8,000 TEU.
Shipping Gazette - Daily Shipping News
THE Airport Authority of Hong Kong says it has extended the service term of serving chief executive officer Stanley Hui by two years from February 1, 2013.
Mr Hui has occupied this position since February 2007.
Airport Authority chairman Marvin Cheung said in an official statement that Mr Hui's 30 years of aviation experience and deep industry knowledge are important for the development of the authority.
Shipping Gazette - Daily Shipping News
QANTAS along with its subsidiary and budget airline Jetstar are raising the frequency of their domestic east coast services this year and next, in a bid to respond to 'opportunities and changing market conditions.'
Qantas said in a statement it will add 11 return services per week between Sydney and Melbourne from July 9, as well as, 11 return services per week between Sydney and Brisbane from August 23.
Jetstar will add: 21 return services per week between Sydney and Melbourne from August 16; and seven return services per week between Sydney and Adelaide from 15 November 15.
From April 18, 2013 the budget airline will operate an extra seven return services per week between Sydney and Ballina-Byron; seven return services per week between Sydney and the Gold Coast; three return services per week between Adelaide and the Gold Coast; and four return services per week between Newcastle and the Gold Coast.
Chief executive officer Alan Joyce said: "The additional capacity reflects the Qantas Group's commitment to ensure our customers have the greatest choice, flexibility and product offering across a strong domestic network. We know that network and frequency are vital to customer satisfaction."
Shipping Gazette - Daily Shipping News
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