TENNESSEE's Forward Air Corp, which provides surface transport for air cargo, has posted a 30 per cent year on year first quarter profit increase to US$10.3 million drawn on revenues of $137.1 million, up 14.1 per cent.
The company attributed its first quarter results to "strong demand for our airport-to-airport service offering which was complemented by revenue growth from both our logistics group as well as our Forward Air Complete pickup and delivery product", said Forward Air president and CEO Bruce Campbell, reported the Knoxville New Sentinel.
The company expects revenue to rise eight to 12 per cent in the second quarter with a corresponding rise in profit, said chief financial officer Rodney Bell.
Despite this success, Forward Air was downgraded by a Baird analyst Benjamin Hartford from Outperform to Neutral because he doubted the company's shares would rise soon.
Shipping Gazette - Daily Shipping News
FINAL operations of the Eagle Air Express Mail operations at Indianapolis International Airport will wind-up a 20-year lease at the end of the year, making room for another tenant, or several companies, to be housed in the 32,000-square metre warehouse and office facility.
The push is for another cargo handler with a focus on pharmaceuticals made in Indianapolis to offset dwindling passenger volumes which got an artificial boost of 2.4 per cent because of last year's Super Bowl.
The airport's aim is to double volumes of Indiana-made products and cargo handled through the airport in 2013 to capture the majority of cargo trucked out of the state compared to its measly one per cent of 104,000 tons handled at the airport, said the Airport Authority's chief financial officer Marsha Stone, reported the Indianapolis Star.
"The other 99 per cent is trucked out, and some goes to other airports, so that means we have a lot of opportunity," she said, hoping to support a growing niche for air cargo shipping of in time-sensitive and temperature-controlled items, much like the Roche diabetes treatment supplies made here and flown non-stop to markets in Europe in the vacant lot left by US Postal Service.
The warehouse boasts 45 loading docks used mostly as a trucking centre by the postal service for the last decade with its air portion given to FedEx, fast becoming its largest shipper at the airport.
Its strategic location next to the north side of the airfield and next to the Indianapolis Maintenance Centre and its 42 acres of surrounding concrete aircraft ramps and aprons means it can park a fleet of 60 Boeing 747, cited the report.
Shipping Gazette - Daily Shipping News
Out-of-the-box action destined to create major leap forward in safety
The Hague, Netherlands - APM Terminals takes an unusual organizational step to further improve its safety culture: The Hague-based global port and inland operator, often highlighted and awarded as safety leader in the industry, has decided to assign one of its most experienced and trusted executives as an internal Safety Activist.
This organizational step, previously unseen in the port business, is described by APM Terminals’ CEO Kim Fejfer as a strategic move to achieve a major leap forward in safety. “The sole purpose of this new and unique type of executive assignment is to drive the company’s safety culture forward to a new degree of excellence. And we have found the best person possible for this task,” says Kim Fejfer.
The new special Safety Activist assignment has been awarded to Martin Poulsen, for the past six years CEO of APM Terminals’ Europe region. Mr. Poulsen is a true veteran of the port business, having been with APM Terminals since the company was established as an individual entity in 2001. He is broadly respected for his business experience, leadership excellence and vast insight in all aspects of operations.
Martin Poulsen will focus on mobilizing the global APM Terminals organization to address the constant safety challenges in the port operations. The work in global ports is often complex, and danger constantly prevails when large-scale machinery mix with dock labor and external trucks. Working in heights, extremely heavy lifts and the danger of falling objects adds to the risk. The recently issued Sustainability Report 2011 from APM Terminals openly stated that despite progress in the overall safety performance, APM Terminals has yet to achieve a significant reduction in fatal accidents.
“Our ambition at this point is to eradicate fatalities and severe incidents. What we need is the mindset of an activist, fighting for a just cause. And Martin Poulsen is the person to fully mobilize the organization in the daily battle against dangers in the workplace,” says Kim Fejfer.
The new role as Safety Activist is not a traditional executive job, but a temporary strategic assignment of a complex nature - and therefore best suited for an experienced executive with license to investigate and improve. APM Terminals will still uphold a permanent safety organization, but part of Mr. Poulsen’s internal activist duties will be to work closely with - and potentially develop - the existing safety team. After the assignment is completed he is expected to return to a high-level business line role.
Martin Poulsen himself states that the task of progressing safety culture and performance is “probably the most important challenge at this point in time in the port industry.
For my entire career I have been privileged to be involved in some of the most important areas of our business – growing the business substantially through business development as well as significantly improving day-to-day operations. Right now, I am honored and happy to offer my experience and full attention to the most important thing you can strive for: That everybody returns home safe from work.”
Source APM Terminals
2012-04-25
Airline company "Air Astana" presents a new direct flight to Astana-Tashkent, BNews.kz said citing the press service of the company.
"Direct flights from Astana to Tashkent will be performed 2 times a week on a new comfortable aircraft Embraer 190 since May 12, 2012," the statement read.
Earlier, the airline company announced the launch of direct domestic flights from Astana to Aktau and Shymkent.
Central Asian News Service, en.ca-news.org
Sustainably caught sea bass in the spotlight: today, the sea bass fishermen of the Association for Professional Rod-and-Line Fishermen in the Netherlands (VBHL) celebrated the start of its fishing season by presenting the first MSC-labelled [1] sea bass catch to Rupert Howes, MSC chief executive, at the European Seafood Exhibition in Brussels. The small-scale and traditional fishery was certified in December 2011, after the fishing season closed. Sander Buijs, of independent certifier SGS, formally presented the MSC certificate to Imre Schep, representative of the VBHL.
Mr Schep said after receiving the certificate: “The VBHL is proud to have the MSC-ecolabel. It has put our sustainable fishery on the map and that gives a very good feeling; a sense of recognition. Thanks to the certificate, we can discuss the management of the sea bass fishery with other parties. In this way, we hope to safeguard the sea bass fishery, not only for the present generation of fishermen but also for future generations. That is the great strength of MSC certification.”
About the fishery
The sea bass fishery is very traditional: the fishermen fish with rods, line and artificial or natural bait. During day trips, they anchor and fish at ship wrecks and other obstacles with two or three persons on one vessel. Immediately after catching, the fish is put on ice separately, guaranteeing its high quality. The light fishing gear and the selective manner of fishing ensures that impacts on other sea life are kept to a minimum: by-catch of other species, for example, hardly occur.
Besides the traditional fishing method, the sea bass fishery distinguishes itself by its small-scale character. At the moment, 21 small fishing vessels with a maximum length of 10 metres are active within the Association. Together, they catch around 75 tonnes of sea bass per year. The sea bass is auctioned in IJmuiden on the day it is caught.
Sea bass fishermen a good example for small-scale fisheries
Accepting the first MSC certified catch, Rupert Howes said: “My congratulations to the Dutch sea bass fishery for their hard work in achieving MSC certification. This fishery is part of a growing group of small-scale and traditional fisheries in our programme that have successfully secured the long term future of their fisheries and demonstrated their sustainability by achieving MSC certification. I wish them every success in the market.”
Source MSC
2012-04-25
The 8,100 TEU APL Finland represents the maiden voyage of the six-member shipping company alliance’s weekly Far East/Europe service to Scandinavia’s busiest container port.
Gothenburg, Sweden ‐ The recently established G6 Alliance has added direct service Gothenburg, Sweden to its weekly Far East/Europe port rotation with the first vessel call of the APL Finland at APM Terminals Gothenburg, the busiest container facility in Scandinavia.
The G6 Alliance was created in December 2011 through the consolidation of the New World Alliance member lines APL, of Singapore; Hyundai Merchant Marine, of South Korea; and Mitsui O.S.K, of Japan, with Grand Alliance member lines NYK, of Japan; OOCL, of Hong Kong; and Hapag-Lloyd, of Germany. The new alliance operates a combined fleet of more than 90 containerships on nine strings serving more than 40 ports in Northern Europe, the Mediterranean and the Far East.
The G6 weekly call is the second direct service linking Gothenburg with Asia, and will provide links to the Chinese ports of Shanghai and Ningbo, as well as Singapore in Southeast Asia; Jeddah on the Red Sea; Tangier, Morocco in the Mediterranean and Bremerhaven and Rotterdam in North Europe.
“We are very proud to welcome the G6” said APM Terminals Gothenburg Managing Director Keld Pedersen, adding “we have added two new liner services this year with MacAndrews (with service to the British Isles) and now the G6, which further strengthen our commercial service as the largest container terminal in the Scandinavian area.”
Gothenburg’s container terminal handled 810,000 TEUs in 2011, and as of January 4th has been operating as APM Terminals Gothenburg. The 25-year concession agreement calls for the investment over $15 million over the next five years, including three new super-post Panamax cranes as the APM Terminals Global Terminal Network establishes Gothenburg’s deep-water facility as a major North European hub for the growing Scandinavian and Baltic markets.
APM Terminals
OLT Express plans to introduce 17 new international flights from Warsaw starting October this year. Tickets can already be purchased online.
OLT Express, which has only been operating since April, took the Polish market by storm. Currently, the airline offers 27 domestic services to 10 Polish cities. As from the beginning of the 2012/13 Winter Season, the carrier also plans to add new international flights to its network, with as many as 17 operated from Warsaw.
OLT Express will offer daily flights to London Gatwick, Cologne/Bonn, Brussels, Stuttgart, Hamburg, Amsterdam and Memmingen. Three times a week passengers travelling from Warsaw will be able to fly to Paris Orly, Milan, Frankfurt Hahn (on Tuesday, Thursday and Sunday), Lyon (Monday, Tuesday and Thursday), Rome Fumicino (Monday, Wednesday and Friday) and Gothenburg (Wednesday, Friday and Sunday).
Twice a week OLT Express will fly to Venice and Saarbrucken (on Monday and Friday), as well as Verona and Munster/Osnabruck (Wednesday and Sunday).
Scheduled international services from Warsaw will be operated using Airbus320 aircraft accommodating up to 180 passengers
Warsaw Chopin Airport
The International Air Transport Association’s (IATA) 2012 Operations Committee (OPC) agreed to four main priorities to guide IATA’s safety initiatives over the next 12 months. These are:
Pilot and Engineer Training: Accommodating the growth in demand for air connectivity with trained pilots and engineers is a priority. IATA will facilitate this with the IATA Quality and Training Initiative (ITQI), which moves into its implementation stage. The focus will be on working with the International Civil Aviation Organization (ICAO), the International Federation of Airline Pilots' Associations (IFALPA) and regulators to shift to a competency-based approach to training for pilots and engineers.
- ITQI takes a comprehensive approach to training by addressing aptitude testing, multi-crew pilot licensing, evidence-based training and instructor qualification.
- Training modernization is based on ensuing the core competencies of pilots and mechanics as defined in the first phase of ITQI (2007-2011).
Alongside training modernization, ITQI will also promote mutual recognition of standards for pilot and engineer licensing and certification of flight simulators.
Enhanced IOSA: The Enhanced IATA Operational Safety Audit (IOSA) program will include measures to ensure continuous conformity with IOSA standards and recommended practices (ISARPS) with quality control processes and self-auditing in between IOSA’s two-year audit cycle. A timeline for the implementation of Enhanced IOSA will be proposed for endorsement at the next OPC meeting in October. Since the end of 2008, IOSA has been a condition of IATA membership and has been supported by the US Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA) and ICAO along with other key regulators around the globe.
Ground Operations: A dedicated IATA ground operations team was created to support the IATA Ground Handling Committee as it drives safety and efficiency improvements. The Committee’s agenda includes (1) the further development and implementation of the just released IATA Ground Handling Manual (IGOM), (2) developing a standard set of ground handling instructions, and (3) the further development of the IATA Safety Audit for Ground Operations (ISAGO). These are cornerstones of the industry’s effort to improve ground safety while reducing the $4 billion cost of ground damage.
Harmonization: The OPC urged governments to focus on the implementation of targeted safety measures instead of adding costly and cumbersome regulations that do little to improve safety. Over the next months, IATA will submit three priority areas for industry to work with ICAO, the US FAA and EASA with a goal of harmonization.
“Safety remains the top priority. We have a full agenda to make an already safe industry even safer. Industry and governments have always cooperated to achieve our common goals based on global standards and harmonization. The need to take those even further in the areas of training, ground safety, and auditing will be our priority over the coming year,” said Guenther Matschnigg, IATA’s Senior Vice President for Safety, Operations and Infrastructure.
The OPC took place alongside the IATA Ops Conference which was jointly hosted by IATA and the Latin American and Caribbean Air Transport Association (ALTA) in Rio de Janeiro from 16-18 April. With Brazil as the setting, there was also a focus on infrastructure preparedness to meet the demands of the World Cup in 2014 and the 2016 Olympics including the optimization of air routes and implementation of Performance-Based Navigation. “The major world events that Brazil will be hosting are a catalyst for infrastructure improvements. These are needed to accommodate Latin America’s long-term needs in light of aviation’s key role in the region’s robust economic growth,” said Matschnigg.
IATA
Share your food & feed a child
Amsterdam Airport Schiphol has today given the green light for its "Share Your Food, Feed a Child" social media campaign on behalf of UNICEF. Through this social campaign, Schiphol is helping UNICEF with its work for children all over the world, for example in the Sahel, where currently thousands of children are severely malnourished.
Participants in the campaign can visit the campaign page via www.schiphol.nl/shareyourfood. On this website, the participant can select his or her favourite restaurant and dish at Schiphol. After approval has been given by the participant, the selected restaurant and dish will be posted on the participant's Facebook wall and "shared". Schiphol and Horeca operators HMS Host and Select Service Partners Schiphol will donate 20 cents per shared dish to UNICEF, which will use this donation to help a severely malnourished child and, for example, provide extra nutritious milk.
Share Your Food, Feed a Child at Schiphol
Beyond passport control in the terminal, travellers will be confronted with different kinds of creative campaign displays. For example, the menus on the tables in the restaurants will encourage visitors to share their favourite meal on Facebook. The shared meals are also visible on a feeder next to the monitors on which the flight times are announced. On these so-called "food feeders", travellers will see the favourite dishes of other airport visitors and will immediately know where they can go for a great meal before boarding the plane.
Schiphol Group-UNICEF cooperation
On 26 January, Schiphol Group and UNICEF Nederland launched their intensive three-year cooperation programme. This means that, for the coming three years, UNICEF Nederland will receive the proceeds from the collection stands at the airport. In addition, Schiphol is setting up activities and projects in favour of the United Nations children's rights organisation. The "Share Your Food, Feed a Child" social media campaign is the first project in this context.
Save a child's life with extra nutritious milk:
Therapeutic milk is being distributed in countries where children are suffering from malnutrition. The milk powder is enriched with vegetable oil, carbohydrates, vitamins and minerals. If the child's mother is also malnourished, breastfeeding can be insufficient. Therapeutic milk is also given to older children who are so malnourished that they are unable to eat solid food straight away. The enriched milk is the first step towards saving a child's life.
UNICEF operates in more than 150 countries and regions, ensuring that each country respects and protects the rights of children. UNICEF helps children to survive and overcome poverty through aid programmes in the fields of water, health care, education, nutrition and protection. UNICEF's aid is structural, but the organisation is also there for children in emergencies. Under the motto 'Unite for Children', UNICEF joins forces with private individuals, organisations and governments.
Amsterdam Airport Schiphol
ESE, Brussels: Today the Marine Stewardship Council (MSC) and the Norwegian Seafood Council (NSC) jointly celebrated the MSC certification of the Norwegian North East Arctic cold water prawn fishery. At the MSC booth, certifier Det Norske Veritas (DNV) presented the certificate to the NSC Communication Advisor Ingrid Dahl Skarstein and Norwegian seafood companies.
About the fishery
The Norwegian prawn fishery takes place all year around along the Norwegian coastline, up near Svalbard and in the Barents Sea where both small inshore vessels and larger ocean-going vessels between them catch around 20.000 tonnes annually. The stock is shared with other nations but the Norwegian fleet, which comprises 89 vessels, catches around 90 per cent of the total catch. Europe is the main market for the fishery and both fresh and frozen prawns are sold in Sweden, the UK, Denmark, Finland, Italy and France.
The Norwegian prawn fishery successfully completed the assessment against the MSC standard for sustainable fishing just before the ESE. Certifier DNV found that the cold water prawn stock in the Barents Sea is in excellent shape, that exploitation levels are moderate to low, and that the impacts of this fishery on other species and the ecosystem in the Barents Sea are limited. The fishery received three conditions of certification, one of which asks for the adoption of a harvest control rule for Barents Sea prawns.
“Norwegian fisheries management world-class”
Camiel Derichs, MSC Deputy Director Europe, hosting the press event said: “Norwegian fisheries management is world-class and this is demonstrated through MSC certification of many of the key commercial fisheries. More than 75 per cent of the export value of Norwegian wild -caught seafood is now MSC certified. I congratulate these fisheries on an excellent result and look forward to working with our partners in Norway in the years to come to add value to sustainable seafood.”
Source MSC
Montreal - The International Air Transport Association's (IATA) 2012 Operations Committee (OPC) agreed to four main priorities to guide IATA's safety initiatives over the next 12 months. These are:
Pilot and Engineer Training: Accommodating the growth in demand for air connectivity with trained pilots and engineers is a priority. IATA will facilitate this with the IATA Quality and Training Initiative (ITQI), which moves into its implementation stage. The focus will be on working with the International Civil Aviation Organization (ICAO), the International Federation of Airline Pilots' Associations (IFALPA) and regulators to shift to a competency-based approach to training for pilots and engineers.
* ITQI takes a comprehensive approach to training by addressing aptitude testing, multi-crew pilot licensing, evidence-based training and instructor qualification.
* Training modernization is based on ensuing the core competencies of pilots and mechanics as defined in the first phase of ITQI (2007-2011).
Alongside training modernization, ITQI will also promote mutual recognition of standards for pilot and engineer licensing and certification of flight simulators.
Enhanced IOSA: The Enhanced IATA Operational Safety Audit (IOSA) program will include measures to ensure continuous conformity with IOSA standards and recommended practices (ISARPS) with quality control processes and self-auditing in between IOSA's two-year audit cycle. A timeline for the implementation of Enhanced IOSA will be proposed for endorsement at the next OPC meeting in October. Since the end of 2008, IOSA has been a condition of IATA membership and has been supported by the US Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA) and ICAO along with other key regulators around the globe.
Ground Operations: A dedicated IATA ground operations team was created to support the IATA Ground Handling Committee as it drives safety and efficiency improvements. The Committee's agenda includes (1) the further development and implementation of the just released IATA Ground Handling Manual (IGOM), (2) developing a standard set of ground handling instructions, and (3) the further development of the IATA Safety Audit for Ground Operations (ISAGO). These are cornerstones of the industry's effort to improve ground safety while reducing the $4 billion cost of ground damage.
Harmonization: The OPC urged governments to focus on the implementation of targeted safety measures instead of adding costly and cumbersome regulations that do little to improve safety. Over the next months, IATA will submit three priority areas for industry to work with ICAO, the US FAA and EASA with a goal of harmonization.
"Safety remains the top priority. We have a full agenda to make an already safe industry even safer. Industry and governments have always cooperated to achieve our common goals based on global standards and harmonization. The need to take those even further in the areas of training, ground safety, and auditing will be our priority over the coming year," said Guenther Matschnigg, IATA's Senior Vice President for Safety, Operations and Infrastructure.
The OPC took place alongside the IATA Ops Conference which was jointly hosted by IATA and the Latin American and Caribbean Air Transport Association (ALTA) in Rio de Janeiro from 16-18 April. With Brazil as the setting, there was also a focus on infrastructure preparedness to meet the demands of the World Cup in 2014 and the 2016 Olympics including the optimization of air routes and implementation of Performance-Based Navigation. "The major world events that Brazil will be hosting are a catalyst for infrastructure improvements. These are needed to accommodate Latin America's long-term needs in light of aviation's key role in the region's robust economic growth," said Matschnigg.
Source IATA
The Port of Hamburg is among the most flexible and best performing universal ports in Europe. Hamburg’s eight multi-purpose terminals with their total of 30 berths are notable for having years of experience and cutting-edge equipment. This is a good reason for Port of Hamburg Marketing and numerous members firms from the seaport business in the region to showcase at the “Breakbulk Europe Transportation Conference & Exhibition trade fair” in Antwerp from 22 – 24 May 2012.
Around 2.5 million tons of conventional cargo were handled in the Port of Hamburg in 2011, including oversize and especially heavy machines and plant components, cartons, palletized goods and metals, as well as factory equipment and other industrial building elements. One especially gratifying feature was the increase in imports of conventionally loaded metals, which at 185,000 tons achieved a notable rise of almost 26 percent last year. A large proportion of the total consisted of slabs imported for domestic steel production from Russia, among other countries. At 543,000 tons, the main export cargoes in the conventional field are heavy and project cargoes handled at the Port of Hamburg’s special terminals.
Terminals in the Port of Hamburg and partner ports in the region also specialize in transport and logistics solutions for the fast growing offshore industry. Customized logistic solutions for the installation and supply of offshore windparks are just as much part of the range of services offered as storage, packing, and organisation of transport from and into the hinterland of the seaport.
At the “Breakbulk Europe Transportation Conference & Exhibition” the following companies will be showcasing Hamburg and the region’s strong performance on the joint stand organized by Port of Hamburg Marketing: Alfons Köster & Co. GmbH, Brunsbüttel Ports GmbH, Buss Port Logistics GmbH & Co. KG, Hamburger Hafen und Logistik AG, Lübecker Hafen-Gesellschaft mbH, Paul Grimm GmbH & Co. KG, Rendsburg Port GmbH, SWOP Seaworthy Packing GmbH and Wallmann & Co. (GmbH & Co. KG).
Source PORT OF HAMBURG
OLT Express plans to introduce 17 new international flights from Warsaw starting October this year. Tickets can already be purchased online.
OLT Express, which has only been operating since April, took the Polish market by storm. Currently, the airline offers 27 domestic services to 10 Polish cities. As from the beginning of the 2012/13 Winter Season, the carrier also plans to add new international flights to its network, with as many as 17 operated from Warsaw.
OLT Express will offer daily flights to London Gatwick, Cologne/Bonn, Brussels, Stuttgart, Hamburg, Amsterdam and Memmingen. Three times a week passengers travelling from Warsaw will be able to fly to Paris Orly, Milan, Frankfurt Hahn (on Tuesday, Thursday and Sunday), Lyon (Monday, Tuesday and Thursday), Rome Fumicino (Monday, Wednesday and Friday) and Gothenburg (Wednesday, Friday and Sunday).
Twice a week OLT Express will fly to Venice and Saarbrucken (on Monday and Friday), as well as Verona and Munster/Osnabruck (Wednesday and Sunday).
Scheduled international services from Warsaw will be operated using Airbus320 aircraft accommodating up to 180 passengers
Source Warsaw Chopin Airport
DANISH shipping giant, Maersk Line, remains the world's most reliable carrier with Germany's Hamburg Sud and Singapore's APL placing second and third, according to the latest SeaIntel Maritime Analysis.
The monthly survey measures the containership arrivals at destinations within a day of schedule. Measurements are based on SeaIntel's database containing more than 68,000 arrivals across 2,200 vessels, 29 trade lanes and 52 carriers since July 2011.
Overall global carrier reliability enhanced one percentage point to 79 per cent in March from 78 per cent in February, reported London's International Freighting Weekly. This implies that most carriers were able to improve performance on individual trade lanes.
Among the top 20 carriers, MSC, the world's second largest carrier, recorded the lowest level of reliability with 64 per cent compared to Maersk's 93 per cent.
In individual trade lanes, other carriers had outstanding records. SeaIntel CEO Lars Jensen said: "MOL is the top performer from North America to South America at 96 per cent, Deutsche Afrika Linien is the top performer from North Europe to Africa at 75 per cent and Matson is the top performer on the westbound transpacific at 100 per cent."
SeaIntel said the southbound trade from North America to east coast South America achieved the most remarkable improvement, where 80 per cent of ships were on time in March against 70 per cent in February.
Shipping Gazette - Daily Shipping News
CHINA Shipping Container Line (CSCL) has announced a new Far East-north Europe service with nine weekly sailings on top the services it has going with Evergreen, reports the Paris-based container shipping analysts Alphaliner.
CSCL has slots on five CKYH alliance loops and also joins Evergreen and Zim in its recommencement of AEX 2/CES 2 services, starting in May.
Korea's Hanjin Shipping has developed East Mediterranean and Black Sea coverage by taking slots on the Asia-Black Sea Express (ABX) run by CSCL, "K" Line, Yang Ming, PIL and Wan Hai and will soon join an intra-Med string on the Turkey-Levant Service, operated by Arkas Line and Turkon Line (TLS).
Hanjin will take slots on the ABX, starting May 18 with the sailing from Shanghai of the Xin Luan Yun Gang. Part of the CKYH alliance, Hanjin together with Cosco, "K" Line and Yang Ming participate in the ABX with "K" Line and Yang Ming, providing ships and Cosco acting as slot buyer.
Hanjin joins TLS this week, bringing a third ship into the loop, the 3,017-TEU Ibn Sina, thus transforming it into a fortnightly service instead of the three-week frequency it had before. This will also provide additional calls at Piraeus and Gemlik. The Hanjin ship joins two 1,878-TEU vessels run by Arkas and Turkon. Hanjin will use Port Said and Piraeus as transshipment hubs to cover major Turkish Lebanese and Egyptian ports.
Shipping Gazette - Daily Shipping News
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