Qatar Airways, riding on the Qatar economy’s strength, which is forecast by Samba Financial Group to grow 10.3 per cent in 2009 despite the burgeoning global financial turmoil as the country expands exports of liquefied natural gas, is forging ahead with its expansion plans. So, with the arrival of its fifth Boeing 777-300ER in December, Qatar’s national carrier has deployed the aircraft on flights between Doha and Manila from January 2009, increasing its capacity to Southeast … [Read more...] about Qatar Airways expands while others cut back
Air Shipping Asia
Agility partners Int’l Medical Corps
Agility and the International Medical Corps (IMC) – an international humanitarian aid group – have signed a memorandum of understanding (MoU) that outlines plans to enhance the efficiency and effectiveness of humanitarian relief. The two parties agreed to work together on both emergency relief and development settings to provide rapid response to populations in need and logistical support for long-termassistance. By combining their specialties, IMC and Agility plan to bring … [Read more...] about Agility partners Int’l Medical Corps
DB Schenker completes takeover
German global forwarder DB Schenker has announced two separate developments in Europe – the successful completion of its planned takeover of Romanian freight forwarding company S.C. Romtrans and the securing of a new major contract in Scandinavia. In the past few weeks, Schenker said it had acquired more than 99 per cent of the Romtrans - shares traded in Romania. Romtrans is Romania’s largest forwarding company, with annual revenue of more than €90 million and approximately … [Read more...] about DB Schenker completes takeover
Borouge SE Asia logistics hub in Singapore
Borouge, provider of plastics solutions, has signed a service contract with CWT Logistics Pte. Ltd., Singapore, to establish the Borouge South East Asia(SEA) Logistics Hub. The deal will see CWT provide local logistics services for Borouge’s customers in Asia for duration of 10 years with effect from its operational start-up date in 2010. CWT Logistics will undertake the design, development and construction of a Packaging Facility, together with providing dedicated existing … [Read more...] about Borouge SE Asia logistics hub in Singapore
Yusen opens own Mexico offices
Japanese global forwarder Yusen Air & Sea Service Co Ltd (YAS) has announced the establishment of Yusen Air & Sea Service (Mexico) S.A. de C.V. with a head office in Monterrey and a branch office in Mexico City. The forwarder was previously represented by representative offices in both locations. “To develop a structure for responding more flexibly to the needs of customers and improving transportation quality, Yusen Air & Service has upgraded the representative offices to … [Read more...] about Yusen opens own Mexico offices
GWC, Agility Qatar plan to merge
Agility Qatar has announced that it has signed a Memorandum of Understanding to enter into merger discussions with the Gulf Warehousing Company (GWC), a company listed on the Doha Securities Market. The new entity will be called GWC – Agility. “This is clearly a defining moment for both Agility and GWC,” said Elias Monem, Agility CEO for Middle East and Africa. “We are entering into a new era of unprecedented growth, and this merger would increase our commitment to … [Read more...] about GWC, Agility Qatar plan to merge
