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  • 20 Jan 2020 11:56 AM | Anonymous

    This notification is for your kind attention from FM member New Age Clearing & Forwarding (India) Private Limited, India.

    New Age Clearing & Forwarding (India) Private Limited will be renamed as NEWAGE HONGFA LOGISTICS INDIA PRIVATE LIMITED and the renamed company will continue to operate with the existing registrations, accreditations and bank details.

    Please update your records accordingly.

    For all your information.

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

  • 17 Jan 2020 4:41 PM | Anonymous

    New partners are going on to join with the valuable contribution of the members!

    Today we are excited to welcome ALE CARGO S. DE R.L DE C.V. from Honduras with the recommendation of CSC Global Services Forwarding Sa De Cv, Mexico.

    Let’s have a warm welcome to our new member on board of the Freight Midpoint.

    Wish you a great cooperation together!

    ALE CARGO S. DE R.L DE C.V.

    ADDRESS: Plaza Paraiso, Bo. Los Andes, 15 Avenida, 2-3 Calle, 3ra. Planta Local 3A San Pedro Sula, Cortes, Honduras
    CONTACT: Anee Erazo de Brown
    TEL: +504 2558 1462 / 63
    WEB: www.alecargo.com

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

  • 16 Jan 2020 9:46 AM | Anonymous

    Original news was published on 14 January 2019

    PSA International Pte Ltd handled 85.2M TEU in 2019, of which PSA Singapore contributed 36.9M TEU (+1.6%) and overseas interests 48.3M TEU (+ 8.1%).

    Tan Chong Meng, Group CEO of PSA, said: “2019 was a year where the PSA Group expanded its horizons against a backdrop of trade wars, climate action and varying technological impacts on business and society.

    "By welcoming terminals such as DCT Gdansk, together with PSA Halifax and Penn Terminals into our fold, we have broadened our reach and ability to offer greater connectivity to new economies in the Baltics and North America. Beyond our traditional port domain, we also redoubled our efforts to develop more transport options for cargo owners and movers through our new PSA Cargo Solutions arm.

    "We also continued to develop CALISTA as a value-adding and interoperable platform for stakeholders in the global supply chain with Global eTrade Services (GeTS).

    “Thanks to the efforts of the global PSA team and strong support from our customers and partners, PSA Group has achieved good volume growth for 2019. My deepest appreciation goes out to our unions, staff and management for their sterling teamwork and steadfast contributions throughout the year.

    “As we begin a new decade in 2020, PSA will continue to build on our global network of ports while harnessing technologies to improve our productivity to serve our customers better. Our vision is to empower supply chain stakeholders with the ability to move their goods with greater intelligence and agility through the Internet of Logistics, and to work alongside our partners to enable greater sustainability for the whole supply chain.”

    *NEWS SOURCE

  • 14 Jan 2020 8:40 PM | Anonymous

    Original news was published on 14 January 2019

    Qatar Airways Cargo has expanded its cargo network in Asia-Pacific with the launch of twice-weekly B777 freighter service to Osaka, Japan from January 14, 2020.

    It recently announced a major expansion in South America with four new freighter destinations Campinas (Brazil), Santiago (Chile), Bogotá (Colombia) launching on January 16, 2020, and Lima (Peru) to be launched soon.

    The Osaka freighter will depart Doha on Tuesdays and Fridays each week, arriving in Osaka on the following day and returning via Hong Kong.

    Approximately 200 tonnes of cargo capacity will be offered each way per week, benefitting importers and exporters with increased capacity on the route.

    Qatar Airways chief officer cargo Guillaume Halleux said, “2019 has been a great year for Qatar Airways Cargo and we are glad to start 2020 with the announcement of freighters to Osaka, a major financial centre in Japan.

    Japan is an important part of our network where we already operate daily passenger flights to both Haneda and Narita airports in the capital city, Tokyo. With direct flights to Osaka, our customers are offered dedicated freighter capacity for their cargo to and from Japan.”

    The airline has a strong belly-hold presence in the Asia Pacific with 35 destinations served by the Qatar Airways passenger network and a freighter network of 10 destinations.

    The new destination Osaka will increase the carrier’s freighter network in the Asia Pacific to 11 destinations.

    Qatar Airways Cargo currently offers more than 250 tonnes of belly-hold cargo capacity each way to Haneda and Narita airports in Tokyo per week.

    The new freighters to Osaka will boost cargo capacity to over 450 tonnes weekly to and from Japan.

    General cargo, hi-tech goods, electronics, pharmaceuticals, and perishables will form the majority of exports and imports on the route.

    Qatar Airways Cargo has an extensive scheduled road transport network offering alternative routes to over 290 airports around the world.

    Overnight truck routes are available connecting Osaka with Haneda, Narita and Nagoya Chubu, six days a week.

    Five more Boeing 777 freighters will join its fleet from April 2020 onwards making it one of the largest freighter operators globally.

    Qatar Airways Cargo fleet includes two B747-8Fs, 21 B777Fs and 5 A330Fs.

    *NEWS SOURCE

  • 09 Jan 2020 4:15 PM | Anonymous

    Original news was published on 08 January 2020

    The port of Mombasa in Kenya handled more than 1.4M TEU in 2019, a record performance and an increase of more than 7% on 2018’s throughput of 1.3M TEU.

    The figure was also well ahead of forecasts made by the Kenya Ports Authority (KPA) earlier in the year that 1.35M TEU would be processed.

    At the inland container terminal in Nairobi, volumes climbed by a much higher 61% to 415,650TEU.

    These numbers reflected the growing importance of cargo transfers using the country’s new standard rail gauge system.

    On average, 10 trains a day are scheduled between the port and thee capital city.

    Addressing local media towards the end of 2019, Daniel Manduku, managing director of KPA, said Mombasa’s performance had been boosted by “unprecedented growth in both transit and trans-shipment business”.
     
    He also attributed the higher numbers to improved levels of productivity at the port, saying that average waiting times for a ship waiting for a berth had fallen from 0.47 days in 2018 to 0.27 days in 2019.

    *NEWS SOURCE

  • 07 Jan 2020 4:28 PM | Anonymous

    Original news was published on 07 January 2020

    Abu Dhabi Ports handled 2.5M TEU in 2019, a 47% increase on 2018.

    The 2.5 million TEU milestone was achieved in the first 11 months of 2019, and Abu Dhabi ports announced the result on 24 December.

    Over the same period the company handled more than 20 million tonnes of general cargo across all its ports, surpassing its 2018 full-year performance of 19.7 million tonnes.

    Altogether Abu Dhabi Ports (ADP) operates eleven ports and terminals, including cruise facilities.

    “These achievements were bolstered largely by the growth in cargo handling performance at both Musaffah Port and Khalifa Port. From January through November, the former reported a 300 percent year-on-year increase, while the latter saw a 25 percent growth year-on-year. Container throughput at Khalifa Port also rose by 63 percent year-on-year during the same period,” ADP stated.

    Also in December, ADP took delivery of two new ZPMC STS cranes at its multi-purpose facility Fujairah Terminals as part of its ongoing AED 1 billion expansion programme.

    The cranes will add, said ADP, 500,000TEU of additional capacity at Fujairah.

    “The arrival of these two new quay cranes is an exciting development in the ongoing expansion of operations at Fujairah Terminals. The ambitious expansion plan underscores our commitment to continuing development of a world-class infrastructure capable of facilitating global trade and logistics and will contribute to the UAE’s economic growth,” said Mr. AbdulAziz Al Balooshi, Acting CEO at Fujairah Terminals.

    *NEWS SOURCE

  • 02 Jan 2020 5:31 PM | Anonymous

    Original news was published on 02 January 2020

    Airfreight rates continued to climb in November as average prices reached their highest level in 2019.

    The latest east-west airfreight price index from consultant Drewry’s Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.

    The fact that 2019 prices reached their highest level in November is in line with previous years and comes as the industry enters its traditional pre-Christmas peak season.

    For comparison, November’s prices were up on October’s average rates of $2.74 per kg but were down on the $3.16 per kg achieved during the same month last year.

    “All in airfreight rates elevated to $3.02 per kg this month, which shows 10% increase from previous month, however 5% lower when compared to same month previous year. Based on historical trend, Drewry expects airfreight rates to erode in December,” the consultant said.

    The index is based on buy rates paid by forwarders for standard airport-to-airport flights on 28 major east-west routes for cargo above 1,000 kg.

    *NEWS SOURCE

  • 31 Dec 2019 1:46 PM | Anonymous

    New partners are going on to join with the valuable contribution of the members!

    Today we are glad to welcome STAR GLOBAL LOGISTICS CO., LTD. from South Korea with the recommendation of Bee Logistics Corporation - Vietnam.

    Let’s have a warm welcome to our new member on board of the Freight Midpoint.

    Wish you a great cooperation together!

    STAR GLOBAL LOGISTICS CO., LTD.
    ADDRESS: 3F, Sejin Bldg., 102, Gangseo-ro 56-gil, Gangseo-gu, Seoul - South Korea
    CONTACT: Ms. Lina
    TEL: +82 2 3663 9726 / 3143 4141
    FAX: +82 2 3661 5884 / 3143 5885 / 3142 1789
    WEB: www.starglobal.co.kr

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

  • 31 Dec 2019 9:37 AM | Anonymous

    Original news was published on 30 December 2019

    DP World JeddahDP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.

    Under the agreement, DP World will invest up to $500 million to improve and modernise the Jeddah Islamic Port, including major infrastructure development to enable the Port to serve the ultra-large container carriers (ULCC’s), which are considered the world’s largest mega containerships.

    Established in 1976, the Jeddah Islamic Port is on the red sea and the largest port in the Kingdom of Saudi Arabia with annual volumes of over 6 million TEU’s.

    As a crucial link on the world’s busy east-west trade route and the Kingdom’s main commercial centres, the Port currently handles approximately 60% of the country’s sea-imports and is a strategic hub that connects East-West cargo.

    Developing Jeddah Islamic Port will contribute to achieving Saudi Vision 2030 as the project is considered a key milestone towards achieving the targets of The National Industrial Development and Logistics Vision Realization Program, one of the Vision’s major initiatives.

    The concession will also be instrumental in facilitating the smooth and efficient movement of cargo and greater access to local and international markets.

    DP World has operated the South Container Terminal on a lease agreement for more than 20 years.

    As the main trade destination for Saudi Arabia and one of the Kingdom’s major port privatisation projects, the new terminal will also have an upgraded capacity of 3.6mn TEU up from 2.4mn TEU, to meet the expected growth demands of the future, and will provide 1,400 jobs.

    Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, said: “DP World is honoured to support the Kingdom’s 2030 growth vision through this new concession to transform the country into a global logistics hub. We have committed to investing significantly to modernise the Jeddah South Container terminal, which will not only result in greater direct and indirect job creation but also deliver best-in-class efficiency and productivity to the Port’s operations.”

    Bin Sulayem added, “We look forward to leveraging our strategic partnership with Mawani and the Ministry of Transport and National Centre for Privatisation to collaboratively develop the Kingdom’s trade ecosystem while enhancing the nation’s competitiveness. Beyond the terminal, our ambition is to develop inland connectivity across the Arabian Peninsula between Jeddah and Jebel Ali Port in Dubai, as well as to Saudi Arabia’s cities through smart technology-led logistics, which should support further growth in this strategic hub that connects East-to-West.”

    In line with DP World’s mission to transform container terminal operations through technology driven innovation, the South Container Terminal will become successfully state of the art facility with advanced infrastructure and fully commissioned smart services that ensure transparency of transactions and greater facilitation of trade.

    DP World Group Chairman and CEO held a signing ceremony of the BOT concession at the Jeddah Islamic Port on 23rd December, in attendance of Makkah Acting Governor, HRH Prince Badr bin Sultan bin Abdul Aziz Al Saud, H.E Engineer Saleh bin Naser Al Jasser, Minister of Transport and Mawani’s Chairman of the Board, H.E Bandar Alkhorayef, Minister of Industry and Mineral Resources, HE Saad Al Khalb, President of Mawani and HE Sheikh Shakbout bin Nahyan Al Nahyan, UAE Ambassador to KSA.

    *NEWS SOURCE

  • 26 Dec 2019 5:05 PM | Anonymous

    Original news was published on 24 December 2019

    Earlier this week (on December 22), Vietnam’s Bamboo Airways took delivery of its first widebody aircraft – a Boeing 787-9 ‘Dreamliner’.

    It took delivery of the aircraft, called Ha Long Bay, at Noi Bai International Airport in Hanoi.

    In so doing, Bamboo Airways noted that it became the first ‘private airline’ (ie, excepting the state-owned Vietnam Airlines, which also flies long-haul airplanes) to operate widebody aircraft in Vietnam.

    According to a statement from Bamboo Airways, it regards the B787-9 as an aircraft type that will play a “key role in the future operation of the airline’s medium and long-haul routes to Asia, Europe and America”.

    It expects to be operating four of the type within the very near future.

    Ihssane Mounir, senior vice president of commercial sales and marketing at Boeing, observed: “Bamboo Airways has seen remarkable growth since the start of its operation nearly one year ago.

    “The airline is positioned to become a key player in serving the rapidly rising domestic Vietnamese market and achieve its long-range plans to connect Asia with Europe, North America and beyond.

    “The Dreamliners will bring the perfect combination of efficiency and flexibility for Bamboo Airways to serve new point-to-point regional and international destinations,” Mounir declared.

    Rapid development

    The carrier began operating its first commercial flights in January 2019, and now flies on a total of 34 domestic and international routes.

    Alongside the rapid and ongoing expansion of its route network, its fleet is expected to number 30 aircraft by January 2020.

    And the deputy general director of Bamboo Airways, Eddy Doyle, has said that Bamboo Airways’ fleet will reach a total of 100 aircraft by 2025.

    He predicts that the carrier’s network will expand to cover 85 routes in 2020, taking in 60 domestic and 25 international routes.

    “At the same time, we are focusing on co-operation with the world’s leading partners in the field of aviation technology and training to further improve the overall quality of service,” Doyle said.

    Taipei connection

    Late last week (on December 20), Bamboo Airways launched a new A321 scheduled linking Hanoi with Taipei.

    Bamboo Airways will fly the round trip seven times a week.

    The carrier has confirmed that it plans on connecting other Vietnamese and Taiwanese cities as and when it can.

    *NEWS SOURCE

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