All Forecasts articles – Page 30
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Kim steps down from debt-laden Hanjin
November 11 - Hanjin Shipping's chief executive officer, Kim Young Min, has announced his resignation from the company, assuming responsibility for its continuing losses and delay in getting financial support from creditors.
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The Friday Flyer - November 8th 2013
There has been plenty of media coverage this week about the opening of DP World's London Gateway, the UK's newest container port, which saw the arrival of its first scheduled call, by MOL Caledon, a container ship laden with fruit and wine from South Afri
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Tiong Woon sees strong start to FY 2014
November 6 - Singapore headquartered Tiong Woon Corporation has released strong results for the three months ended September 2013 (Q1 2014), with turnover rising 3 percent year-on-year over Q1 2013 to USD35.9 million and gross profit jumping 30 percent to
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Vessel operating costs to increase
November 4 - According to a survey by Moore Stephens, vessel operating costs are expected to rise by more than 3 percent in 2013 and 2014.
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The Friday Flyer - November 1st 2013
November 1 - In the northern hemisphere, winter is upon us, as the nights draw in and thoughts turn to snow and ice on jobsites. There does seem to be a brighter light at the end of the tunnel, with improved economic prospects in sight in many markets.
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The Friday Flyer - October 25th 2013
When is an auction not an auction? When a sole buyer turns up with a chequebook to make the lowest bid possible, especially when that buyer seems to be a group of potential competitors.
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High cube container use is growing
October 22 - Shipper demand for 40 ft high-cube containers is still increasing, creating stowage problems for ocean carriers and analytical difficulties for trade forecasters using teu measurements.
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Charles Gee group in administration
October 22 - UK haulage and shipping group Charles Gee has called in restructuring firm FRP Advisory after suffering acute cashflow pressures following years of tough trading.
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Boeing to slow production rate of 747-8
October 21 - Citing lower market demand for large passenger and freighter aircraft, Boeing is reducing its 747-8 production rate from 1.75 aircraft to 1.5 per month through 2015.
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The Friday Flyer - October 18th 2013
To misquote US Secretary of State Dean Rusk, lawmakers in Washington were 'eyeball to eyeball, and then the other side just blinked' this week when the US Congress passed a bill to reopen the government and raise the USD16.7 trillion federal debt limit. T
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Airbus forecasts global freighter growth
October 11 - Aircraft manufacturer Airbus has released its latest Cargo Global Market Forecast, highlighting how it sees the market for freighter aircraft developing over the next 20 years.
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Arctic Circle attracts key industry figures
October 8 - Industry leaders, key government figures and other significant stakeholders will gather to discuss critical Arctic issues such as climate change, economic development and new shipping lanes at the inaugural Arctic Circle assembly, October 12-1
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Terex team in stadium build
October 7 - A trio of Brazilian crane rental and construction firms are using their combined expertise, along with a fleet of Terex machinery, to build the 45,000 capacity Arena da Amazonia stadium in Manaus.
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The Friday Flyer - October 4th 2013
Who is to blame for the US government's partial shutdown and a potentially more damaging clash over the nation's borrowing authority, is best left to the political and economic classes.
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Etihad Rail and National Air tie-up
September 30 - Developer and operator of the UAE's national railway network, Etihad Rail, and USA based provider of on-demand air charter services National Air Cargo, have signed a memorandum of understanding (MoU) that will see the latter incorporate rai
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Cargolux adds ninth B747-8F
September 27 - Cargolux Airlines International has taken delivery of its ninth B747-8 freighter, bringing its combined fleet of B747 freighter aircraft to 19 units.
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USD150 million for Florida's ports
September 27 - Governor Rick Scott of the Florida, USA cabinet has approved USD150 million in bond proceeds that will be used to finance port development projects in the state, as part of the Seaport Investment Program.
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ICAO forecasts supply chain future
September 26 - The International Civil Aviation Organization (ICAO) kicked-off its 38th Assembly earlier this week with a press conference outlining the future of the air cargo supply chain.
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WSS adds to Western Australian network
September 17 - Wilhelmsen Ships Service (WSS) has opened an office in Western Australia to meet increased business opportunities, as the port of Geraldton continues to grow.
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ICHCA to host seminar on new Code
September 16 - ICHCA international, the NGO association for the global cargo handling industry, will be hosting a practical seminar, "Understanding the new IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (CTUs)", in London on October 2