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  • 09 Mar 2018 4:37 PM | Anonymous

    FM is going on to introduce you new members.

    FM esteemed member WWW CARGO PTE LTD, Singapore also referred one of its good partners ICARGO WORLDWIDE LOGISTICS INC., Philippines.

    Glad to share with you that ICARGO WORLDWIDE LOGISTICS INC. is also successfully completed membership requirements and has become a new FM member from PHILIPPINES.

    Let's welcome our new members on board of the Freight Midpoint..! Have a great cooperation together!

    ICARGO WORLDWIDE LOGISTICS INC._PHILIPPINES
    ADDRESS: Unit 8Z, 8 Adriatico Tower 1 Building, Padre Faura St., Cor. J. Bocobo St., Ermita, Manila, Philippines
    CONTACT: Stephanie B.Fran / Managing Directress
    TEL: +632 5 253 600
    FAX: +632 5 361 516
    WEB: www.icargoww.com

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 09 Mar 2018 4:31 PM | Anonymous

    FM is going on to introduce you new members.

    FM valued member SCM INTERNATIONAL - EPSP, France referred one of its reliable partners T.P.G. LOGISTIKA D.O.O., Slovenia.

    Happy to announce you that T.P.G. LOGISTIKA D.O.O. successfully completed membership requirements and joined us from SLOVENIA.

    Let's welcome our new member on board of the Freight Midpoint..! Have a great cooperation together!

    T.P.G. LOGISTIKA D.O.O._SLOVENIA
    ADDRESS: Vojkovo Nabrezje 30 A, Koper - 6000, Slovenia                        
    CONTACTS: Tilen Pahor / Commercial Manager & Erik Pahor / Commercial Department
    TEL: +386 5 663 89 00
    FAX: +386 5 663 89 08
    WEB: www.tpg.si

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 09 Mar 2018 11:44 AM | Anonymous

    Original news was published 07 March, 2018

    Philippine port developer International Container Terminal Services (ICTSI) posted a revenue from port operations of USD 1.244 billion for the year ended December 31, 2017.

    The results are 10 percent higher compared to USD 1.128 billion reported in 2016.

    Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) were also 10 pct higher year-on-year standing at USD 578 million.

    Net income attributable to equity holders for the full-year was USD 182.1 million, up one percent from the previous year.

    ICTSI said the increase in net income was mainly due to the continuing ramp-up at its new terminal in Matadi, Democratic Republic of the Congo (DRC), strong operating results from the terminals in Iraq, Mexico, Honduras, Madagascar, China, Poland and Brazil, along with the gain related to the termination of the sub-concession agreement in Lagos, Nigeria.

    The port operator’s handled consolidated volume came at 9.15 million TEUs in 2017, five percent more than in 2016.

    “The increase in volume was primarily due to continuing improvement in global trade activities particularly in the emerging markets, continuing ramp-up at ICTSI’s operations in Basra, Iraq, new services at Manzanillo, Mexico and contribution of new terminals in Matadi, DRC and Melbourne, Australia. Excluding the new terminals, the consolidated volume would have increased by four percent,” the group said.

    For 2018, the group has earmarked USD 380 million for capital expenditure, which will mainly be allocated for the capacity expansion in its terminal operations in Manila, Mexico and Iraq.

    In addition, ICTSI capital will be directed to the rehabilitation and development of its container terminal in Honduras, procurement of additional equipment and minor infrastructure works in its newly acquired terminal operations in Papua New Guinea, and the completion of its new barge terminal project in Cavite City, Philippines.

    *NEWS SOURCE

  • 08 Mar 2018 1:26 PM | Anonymous

    FM is going on to introduce you new members. FM valued member JL LOGISTIC GMBH, Germany referred one of its reliable, experienced and active partners CTI GLOBAL LOGISTICS (HK) LIMITED, Hong Kong.

    We are happy to announce you that CTI GLOBAL LOGISTICS (HK) LIMITED successfully completed membership requirements and joined among Freight Midpoint professionals from HONG KONG.

    Let's welcome our new member on board of the Freight Midpoint..! Have a great cooperation together!
     
    CTI GLOBAL LOGISTICS (HK) LIMITED
    ADDRESS: Unit 1502, Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong
    CONTACTS: Derrick Yu / Marketing & Sales Manager
    Catherine Choy / Account & Admin Department
    TEL: +852 2785 2628
    FAX: +852 2785 4668
    WEB: www.ctigl.com.hk

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 07 Mar 2018 2:52 PM | Anonymous

    Original news was published 07 March, 2018

    The Ethiopia government has become a shareholder of the Port of Berbera after it signed an agreement with DP World and the Somaliland Port Authority recently in Dubai.

    According to the agreement, DP World will hold 51 percent stake in the Port of Berbera. Similarly, Somaliland and Ethiopia will hold 30 percent and 19 percent stakes, respectively.

    The government of Ethiopia will also invest in infrastructure to develop the Berbera Corridor as a trade gateway for the inland country, which is one of the fastest growing countries in the world.

    There are plans to construct an additional berth at the Port of Berbera in line with the Berbera master plan, which DP World has already started implementing, while adding new equipment to further improve efficiencies and productivity. The first crane is scheduled to arrive later this year.

    Expressing the importance of working with the governments of Somaliland and Ethiopia on the projects, which will fuel trade and employment opportunities in the region, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World said: “I am excited about the prospects of working with the Ethiopian government. Ethiopia is home to approximately 110 million people. The ports of Berbera and Doraleh will provide significant capacity to the region. Both these ports and more capacity will be needed to serve the region’s growth potential in the future.”

    “Having the government of Ethiopia as a partner will enable DP World to support them in achieving its impressive development plans. This development will further strengthen of our partnership, and demonstrates our commitment to the people of Somaliland and Ethiopia, and we look forward to working together,” said Bin Sulayem.

    ”The economies of the region are growing at a pace that needs the development of Berbera supplementing Djibouti and additional gateways in the future,” said Bin Sulayem.

    Dr. Saad Al Shire, minister of foreign affairs and international co-operation of Somaliland said: “This is an important project, which address some of the problems faced by Somaliland related to employment and investment. It’s a welcome development that will benefit the region as a whole. The economies of the region are growing at a pace that necessitates development of multiple ports and outlets. The extension of the port will increase capacity of the region to accommodate the increase in trade.”

    Ahmed Shide, transport minister of Ethiopian said: “After a year of serious negotiations, Ethiopia has concluded an agreement with the Somaliland Ports Authority and DP World that will give the government of Ethiopia 19 percent stake in the joint venture developing the Port of Berbera. The agreement will help Ethiopia secure an additional logistical gateway for its ever increasing import and export trade driven by its growing population and economy. In addition, Ethiopian participation in the development of port of Berbera and the Berbera Corridor will help bring increased economic development and opportunity to the people of Somaliland. Ethiopia will continue to further invest in and develop the Djibouti corridor and further consolidate the use of existing ports in Djibouti. It will also look for other opportunities to develop additional ports and logistics corridors in the region.”

    *NEWS SOURCE

  • 06 Mar 2018 4:35 PM | Anonymous

    Dear All,

    Good News...

    We were informed by our member: JUSTLOG AGENTES TRANSITARIOS LDA, Portugal that they distinguished as SME Excellence 17.

    In SME ceremony at Multiusos de Gondomar, Jorge Emanuel Ramalho and Paula Soares, representing Justlog, received this honorable distinction.

    Issued by the Portuguese Ministry of Economy through IAPMEI (The Public Agency for SME and Innovation), the attribution of the SME Excellence 2017 status aims to distinguish and give notoriety to companies that show the best financial performances and management indicators marking the competitive capacity of the country.

    Justlog thanks to the organizers of the initiative, their customers and partners, and the entire Justlog team.

    Congratulations to JUSTLOG AGENTES TRANSITARIOS LDA, Portugal!

    For more information kindly click here.

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 05 Mar 2018 3:36 PM | Anonymous

    Original news was published 02 March, 2018

    Port operator APM Terminals has overseen delivery of the world’s largest ship-to-shore cranes at MedPort Tangier in Morocco.

    The giant cranes measured 144 meters when boomed up and weighed 2,500 tonnes. They were Manufactured by ZPMC in Shanghai delivered aboard a Zhen Hua heavy-lift vessel.

    “The three cranes represent the world’s largest double trolley STS cranes [and] will enable fast, safe and efficient loading and unloading services to some of the largest container ships on the sea,” a spokesperson for APM Terminals said.

    The shipment is part of a total of 12 cranes to be delivered as part of construction work  at the planned deepwater terminal. The port will serve as a transshipment hub for Maersk Line and its alliance partners.

    *NEWS SOURCE

  • 02 Mar 2018 5:06 PM | Anonymous

    FM is going on to introduce you new members. FM valued member INITIAL FREIGHT CO.,LTD., Thailand referred one of its reliable, experienced and active partners BLUE OCEAN INTERNATIONAL TRANSPORTATION CO., LTD, Vietnam.

    Today we are happy to announce you that BLUE OCEAN INTERNATIONAL TRANSPORTATION CO., LTD joined our group from VIETNAM with their Hai Phong and Ho Chi Minh City offices.

    Happy to share with you that General Manager, Mr. Alvin Tran Van Hien will be attending our coming Annual General Meeting in Bangkok, Thailand at 24, 25, 26 June 2018. The gathering will be a great opportunity to meet all FM members. Please click here for full information about our event.

    Let's welcome our new members on board of the Freight Midpoint..!
     
    BLUE OCEAN INT'L TRANSPORTATION CO., LTD_HAI PHONG
    ADDRESS: Room 319 Thanh Dat Building, No. 03 Le Thanh Tong Street, Ngo Quyen District, Hai Phong, Vietnam
    CONTACT: Alvin Tran Van Hien / General Manager
    TEL: +84 225 3 836715
    FAX: +84 225 3 836716
    WEB: www.blueoceanintl.com

    BLUE OCEAN INT'L TRANSPORTATION CO., LTD_HO CHI MINH CITY
    ADDRESS: 309-311 Hoang Dieu Street, Ward 6, Dist 4, Ho Chi Minh City, Vietnam
    CONTACT: Alvin Tran Van Hien / General Manager
    TEL: +84 283 9 430899
    FAX: +84 283 9 430890
    WEB: www.blueoceanintl.com

    Please click to see Hai Phong & Ho Chi Minh City company profiles of our new member, thank you!

    VISIT WEBSITE (CLICK HERE!)

  • 02 Mar 2018 1:21 PM | Anonymous

    Original news was published 01 March, 2018

    Qatar Airways Cargo has begun offering pharma container firm CSafe’s newest RAP container.

    The active RAP unit caters for large volume pharma shipments and has been approved by the cargo carrier for use across its pharma network.  

    The CSafe RAP utilises heating and compressor-driven cooling technologies together with insulation to eliminate the payload risks associated with extreme ambient temperature conditions and long-duration shipments.

    The unit is able to maintain constant payload temperatures even at extreme ambient temperatures from -30°C to +54°C and a max payload volume of 6.68m3, thereby easily accommodating up to four standard US-pallets or five standard Euro-pallets.

    It is the only Federal Aviation Administration and European Aviation Safety Agency approved active compressor-driven container permitted in both the upper deck and lower deck cargo sections of commercial aircraft.

    *NEWS SOURCE

  • 28 Feb 2018 2:15 PM | Anonymous

    Original news was published 28 February, 2018

    Preliminary traffic figures for January 2018 from the Association of Asia Pacific Airlines (AAPA) show that international air cargo markets enjoyed a strong start to the year.

    Global trade activity “remained robust at the start of 2018”, said the AAPA, with firm demand for consumer, intermediate and investment goods across major economies lending support to air cargo markets.

    It continued in a statement: “Accordingly, international air cargo demand in freight tonne kilometre (FTK) terms recorded a 9.4% year-on-year growth in January.

    “After accounting for a 5.4% expansion in offered freight capacity, the average international freight load factor of 60.8% was 2.2 percentage points higher than the same month last year.

    Commenting on the results, Mr. Andrew Herdman, AAPA Director General said, "The year has started on a positive note, with growth in both passenger and cargo sectors."

    "Overall, international air passenger demand remains encouraging, having registered continued growth in numbers, with the widespread availability of affordable air fares and increasing network connections providing more options for travelers.

    “Meanwhile, the on-going strength in the global economy has continued to benefit the air cargo business for Asian carriers, particularly as major manufacturing hubs are located in the region."

    Looking ahead, Herdman concluded: "Growth prospects look positive, with elevated levels of business and consumer confidence boosting aviation markets in the coming months.

    “Whilst Asian airlines face persistently challenging market conditions due to stiff competition and rising costs, carriers continue to strive for further improvements through the launch of new routes and continued investment in new levels of passenger comfort." 

    *NEWS SOURCE

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