Aircraft leasing company, World Star Aviation has officially announced the purchase of 30 Boeing 737-400F aircraft with leases attached. World Star Aviation manages, buys, sells, and leases commercial aircraft for the international aviation industry. According to the statement, “The aircraft portfolio is spread across 10 lessees in 12 countries worldwide. This new acquisition reinforces the continued strategy of diversifying and expanding our global freighter franchise in partnership with Oaktree Capital Management, L.P. We at World Star Aviation are excited to work with and support our new lessees going forward.”
Read More »Best Ocean Freight Forwarding Company: ISSGF India awarded
Integrated Service Solutions Global Forwarding (ISSGF) India was conferred with the Best Ocean Freight Forwarding Company Award at the recently held India Cargo Awards, the country’s topmost supply chain awards, which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. ISSGF is a globally recognised supply chain solutions provider, headquartered in Dubai, UAE. The company offers best-in-class services in all areas of the supply chain and logistics industry.
Read More »WFS launches new sustainability programme
To continue with the company’s efforts to reduce environmental impact, Worldwide Flight Services (WFS) has launched a sustainability programme titled ‘Our Sustainable Flight Path.’ This initiative is an integral part of the company’s Environmental, Social and Government (ESG) strategy and comprises targets, actions, and milestones to be achieved by 2030-end, including achieving 75 per cent electric ground support equipment, signing the UN Global Compact and full adoption of biodegradable plastics, said a press release. Craig Smyth, Chief Executive, WFS said, ‘Our Sustainable Flight Path’ provides us with a social and governance strategy which looks after our people, customers, and planet, and is true to our WFS core values.”
Read More »DHL Express Malaysia unveils new warehousing facility
To deliver faster transit times and better service in mainland Penang, Perlis, and Kedah, DHL Express Malaysia has officially opened its new Prai Service Centre in Batu Kawan, Penang, on 17 May 2022. The new facility, which is five times the size of its previous location, occupies almost 2,400 sq. mts. of warehousing and office space. It is equipped with a solar panel system and energy-efficient infrastructure to cut the release of greenhouse gases by 26.9 per cent. Julian Neo, MD, DHL Express Malaysia, and Brunei said, “The boom in online shopping, social media, and express shipping led to record increases in our international inbound and outbound volumes. The positive trajectory is likely to endure as these trends prove their staying power and air cargo availability gradually returns to normalcy.”
Read More »Andhra’s Gangavaram Port to develop 1st container terminal by 2023
The Port of Gangavaram is planning to set up its first container terminal to accelerate the growth of cargo business in Andhra Pradesh and surrounding industrial hubs. The terminal is expected to be completed by 2023. According to an official statement, the new terminal aims to increase supply chain efficiency and resiliency, reduce logistics costs, and turnaround time. The port also aims to offer substantial advantages to the industries in the hinterland – which include seafood, metal and minerals, agriculture, pharma, chemical, and refractory amongst others. “As part of the project, the port has already received three Ship to Shore (STS) container cranes and nine e-Rubber-Tyred Gantries (RTGs). Our new container terminal at Gangavaram Port will help us diversify into container cargo business as part of our strategic roadmap to achieve better cargo handling capacities in India. The upcoming terminal at Gangavaram Port shall also offer integrated logistics solutions to trade and industries far across the country,” the statement added.
Read More »Jurong Port, Skyports signs MoU to develop drone delivery infrastructure
To focus on the development of ship-to-shore infrastructure at Singapore’s only multi-purpose cargo port, Jurong Port, Advanced Air Mobility (AAM) infrastructure developer and operator of drone delivery services, Skyports, and Jurong Port have signed a Memorandum of Understanding (MoU). It is a vital step forward in the development of large-scale drone delivery operations in Singapore. The MoU will highlight Skyports’ global experience in developing take-off and landing infrastructure for cargo drone deliveries to probe how drone delivery technology may be incorporated into Singapore’s Jurong Port’s existing logistics and cargo ops.
Read More »Most Promising Technology Solutions Provider-Logistics: SCM Cube Technologies awarded
SCM Cube Technologies was conferred with the Most Promising Technology Solutions Provider- Logistics Award at the recently held India Cargo Awards, the country’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Amrit Lal Meena, Special Secretary (Logistics), Union Department of Commerce and Piyush Srivastava, Senior Economic Advisor, Union Ministry of Civil Aviation presented the award. The company provides wide range of advanced and tech-friendly solutions for freight forwarding and custom clearance in India.
Read More »Beluga Airbus cargo plane lands for first time at Ahmedabad airport
A large size Beluga Airbus cargo plane landed at Sardar Vallabhbhai Patel International (SVPI) Airport in Ahmedabad for the first time. The impressive aircraft landed for fuel filling and took off later. Beluga aircraft is a version of the standard A300-600 wide-body airliner is modified to carry aircraft parts and outsized cargo. The Beluga which has received the sobriquet of ‘The Super Tranporter’ is because it resembles a giant whale.
Read More »Japan an ‘indispensable partner’ to build New India: Narendra Modi
Japan is an ‘indispensable partner’ in India’s continuing transformation. New Delhi’s speed and scale, combined with ease of doing business, attractive incentives, bold reforms, and ambitious plans create unmatched opportunities for Japanese businesses, said Prime Minister Narendra Modi on Monday. The PM was invited by his Japanese counterpart Fumio Kishida for a bilateral meeting at a two-day Quad Leaders’ summit. Both discussed the vibrant ties between India and Japan. Modi said, “We have fostered a dynamic start-up ecosystem in India, with over 100 unicorns. Japanese capital is already playing a vital role in this effort. And there is potential for a great deal.” He added, “India and Japan have collaborations in several developmental projects, including Mumbai-Ahmedabad bullet train project.”
Read More »FWS commences construction of 1st multi-level in city warehousing project
Leading warehouse facility provider, FWS has commenced the construction of its first multi-level in city warehousing project. FWS plans to develop three to four more in city projects with an investment of over 300 crores in developing these projects, said an official company statement. Incorporated in 2008, FWS is at the forefront of nation’s development in catering the sustainable business need of warehousing. The company has so far leased 3 million sq. feet of warehouse space across 3 states of India. FWS has presence in all major entry points from the Western and Eastern periphery expressway crossings across the NCR region.
Read More »