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Maersk plans to double freight chargesA P Moller-Maersk, owner of the world's biggest container shipping company, is "100 per cent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since March. More… |
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Dubai World Central cargo volumes up 7.8pcDubai World Central (DWC), the world's first purpose-built aerotropolis, handled 53,974 tonnes of freight in the first three months of the year, thus registering a year-on-year increase of 7.8 per cent compared to 50,062 tonnes last year, ac More… |
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Bahrain gears up for Grand prixAround 500 tonnes of special racing equipment and material will start arriving in Bahrain today for the next weekend's Gulf Air Bahrain Grand Prix, a report said. Five Boeing 747s carrying 35 containers will touch down at Bahr More… |
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FIS moves ship futures team to DubaiFIS, one of the leading brokers in the freight forward agreement (FFAs) market, is relocating most of its dry cargo ship futures team to Dubai from London to take advantage of growth markets there and closer proximity to Asia. More… |
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Emirates, Qantas enter new freight partnershipEmirates SkyCargo and Qantas Freight will offer customers seamless access to each other’s networks under a partnership deal. The deal will cover a combined total of 233 ports across six co More… |
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Oman Air unit, DHL ink freighter dealThe logistics unit of Oman Air, the national carrier of the Sultanate, recently launched a new freighter operation partnership with DHL. Oman Air Cargo has signed an exclusive block space agreement with DHL for utilising DHL&rsquo More… |
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Dubai World Central freight volumes up 144pcDubai World Central, the emirate’s second airport, handled 219,092 tonnes of air freight during its second full calendar year of operations in 2012, thus registering an increase of 144 per cent compared to the previous year. More… |
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Qatar Airways pulls out of CargoluxLuxembourg said on Wednesday it had taken back a stake in freight-only airline Cargolux from Qatar Airways (QA) with the intention of selling it on soon. Luxembourg sold the 35 percent stake to Qatar Airways last year, and bought More… |
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Airline passenger numbers to hit 3.6bn a yearAirlines expect to carry some 3.6 billion passengers in 2016, marking about 800 million more than the 2.8 billion passengers they flew in 2011, said a forecast issued by the International Air Transport Association (Iata). The indu More… |
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Gulf Air highlights its e-freight initiativesGulf Air, the national carrier of Bahrain, which recently introduced e-Airway bill for its cargo shipment, shared its e-freight initiatives at a recent group meeting in Manama. The Bahrain Air Cargo Working Group meeting was joine More… |
