Latest news from Heavy Lift & Project Forwarding International Magazine

Cargolux signs Chinese JV

June 12 - Cargolux has signed a joint venture equity contract to establish a resident cargo airline operating out of Zhengzhou under a Chinese air operator certificate (AOC).

In January 2016, the Cargolux board of directors approved an investment of USD77 million for the joint venture based in Zhengzhou, as HLPFI reported here.

Henan Civil Aviation and Development Investment (HNCA), the Henan Airport Group, and Xinggang Investment Group Company will hold 75 percent of the shares in the airline, while Cargolux will hold the remaining 25 percent.

The joint venture contract was signed in Beijing in the presence of Luxembourg's Prime Minister Xavier Bettel and the People's Republic of China's State Council Premier Li Keqiang.

The name of the airline will be Henan Cargo Airlines with the first revenue flight expected to take place in the fourth quarter of 2018.

 

www.cargolux.com

Heavy Lift | News

Blue Water Shipping opens in Trinidad thumbnail image

Blue Water Shipping opens in Trinidad

February 26 - Blue Water Shipping will open an office in Trinidad & Tobago to service the growing oil and gas sector in the Caribbean and the north-eastern region of South America.
Views: 137
LOC lands LNG Canada deal thumbnail image

LOC lands LNG Canada deal

February 26 - LOC Group has signed a multi-year contract with LNG Canada to provide marine warranty surveyor (MWS) services and vessel quality assurance at the project in Kitimat.
Views: 154
DSV Panalpina opens China link thumbnail image

DSV Panalpina opens China link

February 26 - DSV Panalpina has started operating a Boeing 747-8 freighter three times per week, east and westbound, between Huntsville, Alabama in the USA (HSV) and Shanghai (PVG) to cope with capacity constraints caused by the coronavirus outbreak in China.
Views: 104

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.