DHL has announced a US$15 million investment in three Life Science Competence Centers to fulfill what it says is the growing demand for higher levels of quality compliance. Located in Singapore, Mumbai, and Hyderabad, the centres will bolster DHL’s logistics capabilities for the Life Science industry in the region. The company also announced the launch of the DHL Global Forwarding Aid & Relief Logistics unit in Asia Pacific based in Singapore. Drawing on DHL’s expertise … [Read more...] about DHL launches life sciences centres in SGP & India
Air Forwarding
Incheon is moving on the fast track
Northeast Asia’s main gateway Incheon airport wants to double its ground capacity until 2020, hence strengthening its position as one of the top ranking global hubs for cargo and passenger traffic alike. Today South Korea’s gateway is placed second in cargo tonnage (after leading Hong Kong) and twelfth in passenger traffic numbersworldwide. “Our natural advantage is that we are right in the middle of two huge markets – China and Japan,†stated … [Read more...] about Incheon is moving on the fast track
Hong Kong and Shanghai Airports in new JV
Shanghai Airport Authority (SAA) and Airport Authority Hong Kong (AAHK) signed a cooperation agreement in Shanghai today for the establishment of the Shanghai Hong Kong Airport Management Co., Ltd (JV). The jointventure company is aimed at enhancing collaboration between and further develop the strengths of the airports in Shanghai and Hong Kong, the two said. Shanghai is the first Mainland city to have two international airports. Pudong Airport, an international hub airport with an … [Read more...] about Hong Kong and Shanghai Airports in new JV
ANA to boost Asia cargo ops using Naha airport
All Nippon Airways is seeking to build a profitable Asian cargo business in two years using Naha Airport, with the planned flight operation due to begin Monday night, the company’s president said. The company will rely on the airport’s competitive advantage in the capital of Japan’s southernmost island prefecture of Okinawa stemming from its proximity to Asia, Shinichiro Ito said at a news conference. ANA’s ‘‘cargo … [Read more...] about ANA to boost Asia cargo ops using Naha airport
Cargo & pax declines moderate further at HK
Cargo throughput in September at Hong Kong International Airport (HKIA) dropped 4.3 per cent year-onyear to 304,000 tonnes, while passenger throughput reached 3.5 million passenger trips in September 2009, 3.5 per cent below the same period in 2008. Air traffic movements recorded a decline of 8 per cent to 22,570. Declines in air traffic volumes have continued to narrow over the last three months, HKIA said. Noting that cargo volume has improved significantly from a drop of 22.9 per cent in … [Read more...] about Cargo & pax declines moderate further at HK
BAA sells Gatwick for US$2.5 billion
UK airports operator, BAA, owned by Spanish construction firm Ferrovial, agreed to sell Gatwick Airport to investment fund Global Infrastructure Partners for 1.5 billion pounds (US$2.46 billion) on Wednesday, as part of a competition ruling that it must offload three British airports in total. BAA said it will use the proceeds to repay debt. A $91.9 million portion of the sale price is conditional on future traffic performance and the buyer’s future capital structure. Global … [Read more...] about BAA sells Gatwick for US$2.5 billion