Asia news – Page 288
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Chapman Freeborn reacts to Deepwater Horizon spill
May 20 - Chapman Freeborn Airchartering has coordinated a series of aircraft charters to New Orleans, USA, to help tackle the leak from the site of the Deepwater Horizon rig in the Gulf of Mexico.
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Agility refocuses to combat profit decline
May 19 - According to chairman Tarek Sultan, Agility will increasingly focus on its Global Integrated Logistics (GIL) division in the face of declining profitability over the course of the next four quarters.
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CLN's meeting logs on to business solutions
May 19 - Combined Logistics Networks (CLN) members will have the opportunity to learn more about how to maximise new technologies within their marketing and branding strategies during their annual meeting in Bangkok from May 25-30, 2010.
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Erickson Air-Crane in USD 75 million IPO move
May 18 - Heavy-lift helicopter manufacturer and operator Erickson Air-Crane Inc has filed an Initial Public Offering (IPO) worth USD 75 million on the NASDAQ exchange in New York.
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Chinese order for Converteam
May 17 - China Offshore Oil Engineering Co. Ltd, (COOEC), the largest offshore engineering company in China for integrated services and a subsidiary of China National Offshore Oil Company (CNOOC), has awarded Converteam a contract valued in excess of GBP6
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Advance powers marine engine shipments
May 12 - Advance International Transport is nearing the mid-way point of a significant contract to move engines to power eight 56,000 dwt multipurpose ships being constructed in Bulgaria.
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PPG flies high with Air Cargo Group in China
May 12 - Heavy lift freight forwarding network the Project Professionals Group has appointed international air freight wholesaler Air Cargo Group in China as a Project Support Member.
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Lower profit for Tiong Woon in third quarter
May 11 - Tiong Woon Corporation Holding Ltd (TWC) has announced a net profit after tax and non-controlling interest of SGD9.6 million (USD 7.1) for the third quarter of its financial year ended 31 March 2010 - an increase of 35 percent over the SGD7.1 mil
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GAC Kuwait opens at Kuwait International Airport
May 10 - GAC Kuwait has opened for business at the cargo terminal of the Kuwait International Airport and says that an airport location brings GAC closer to where the actual freight arrives.
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GAC Kuwait opens at Kuwait International Airport
May 10 - GAC Kuwait has opened for business at the cargo terminal of the Kuwait International Airport and says that an airport location brings GAC closer to where the actual freight arrives.
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TBS International Announces Amendments to its Credit Facilities
May 10 - TBS International has secured further amendments to its credit facilities with its syndicate of lenders led by Bank of America, its syndicate of lenders led by The Royal Bank of Scotland and its syndicate of lenders led by DVB Group Merchant Bank
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TBS International Announces Amendments to its Credit Facilities
May 10 - TBS International has secured further amendments to its credit facilities with its syndicate of lenders led by Bank of America, its syndicate of lenders led by The Royal Bank of Scotland and its syndicate of lenders led by DVB Group Merchant Bank
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CMA CGM carries works of art for Shanghai World Expo
May 7 - The CMA CGM Group has successfully shipped five works of art on behalf of the JGM Gallery which specialises in contemporary sculpture and is exhibiting at the Shanghai World Expo.
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Vanguard relocates automotive line from Indiana to South Africa
May 7 - South African project cargo forwarder Vanguard is completing a two-phase move for Benteler Automotive involving the complete relocation and installation of a hot forming line and 2,600 tonne Fagor press from Indiana, USA to a motor manufacturer in
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Dollars to flow to Savannah Harbour improvements
May 7 - Funding has been approved by the Georgia General Assembly for the Savannah Harbor Expansion Project (SHEP), as well as significant infrastructure improvements, that will enhance access to the Port of Savannah and increase Georgia's role in global
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Panalpina reveals offshore oil and gas complex in Singapore
May 6 - Panalpina World Transport has opened a dedicated logistics centre for the oil and gas industry at Loyang Offshore Supply Base in Singapore.
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GAC sets up specialist energy arm in Houston
May 5 - GAC has strengthened its global energy and logistics network with the opening of GAC Energy & Marine Services LLC (GEMS) in the maritime and energy hub of Houston.
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Latek Logistics welcomed to the Istanbul Stock Exchange
May 4 - One week after launching its IPO (initial public offering), Latek Logistics shares began trading on the Istanbul Stock Exchange.
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Hovertrans Solutions to debut hoverbarge next month
April 30 - Hovertrans Solutions, a newly-created designer and manufacturer of hoverbarges for heavy lift operations in difficult terrain in the global oil and gas, and specialist transportation industries, is to make its debut at the Offshore Technology C
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Abu Dhabi Aviation Group rolls out first major initiative
April 30 - An agreement that combines the offices of two of the UAE's leading aviation service providers under one roof has been signed by Abu Dhabi Aviation (ADA) Group.