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LONDON, Mar 12 (GCTL) - Shippers are unmoved and even incredulous over suggestions that they might be to blame for the financial problems which many air freight companies have faced over the past year, according to Dr Andrew Traill, Managing Partner of Shippers Voice, an independent data portal which canvassed opinions late last year and in January 2010. "While many observers might say tha...

HONG KONG, Mar 12 (GCTL) - Cathay Pacific Airways and Dragonair said they jointly recorded handling an 18.7 percent increase in cargo and mail handled last month versus the same month a year ago. Both airlines said they handled a total of 119,801 tonnes of airfreight in February, 2010, compared with February last year. The airlines said capacity, measured in available cargo/mail tonne kilom...

ABU DHABI, Mar 12 (GCTL) - Etihad Airways, the national airline of the United Arab Emirates, has increased its destinations to Australia by expanding its codeshare agreement with Qantas. As part of the agreement, the Etihad two-letter ‘EY’ code is now placed on flights from Sydney to Ayers Rock (Uluru), Alice Springs, Canberra, Hobart and Melbourne and flights from Brisbane to Cairns. Ja...

PETALING JAYA, Mar 12 (GCTL) - MISC Bhd’s unit MISC Agencies Sdn Bhd has signed a joint-venture deal with two India-based companies, Crescent Shipping Agency (India) Ltd and Sivaswamy Holdings Pvt Ltd. Called MISC Agencies India Pte Ltd, the joint-venture company will act as the sole and exclusive shipping agent for MISC in India. MISC told Bursa Malaysia yesterday that MISC Agencies will ...

SYDNEY, Mar 12 (GCTL) - Australian regulators are launching an investigation of Korean Air over allegations that the world’s largest international freight airline engaged in price fixing for air cargo services. The Australian Competition and Consumer Commission announced the investigation this week, saying it had referred the antitrust allegations to federal court for potential damages and pe...

TOKYO, Mar 12 (GCTL) - All Nippon Airways (ANA) said its international cargo volume grew for the fifth consecutive month in January on a year-on-year basis, rising a whopping 76.9 percent to 35,166 tonnes. ANA's international cargo volume increased 3.7 percent in September - the first year-on-year growth in 11 months - 5.8 percent in October, 28.6 percent in November and 62 percent in December....

FUJIAN, Mar 12 (GCTL) - Southeastern China's Fujian province is to become the first in China to widen the coverage of its simplified customs clearance to both imports and exports effective March 15, according to Director of Fujian Customs Yang Biao. The simplified service has always been given to only export cargo. With the improved service, now importers can also enjoy one-stop inspection serv...

NINGXIA, Mar 12 (GCTL) - The Lanzhou Railway Administration has assigned Ningxia in the Chinese inland region to achieve an annual rail cargo movement of 43 million tonnes by the end of this year, Xinhua reported, citing railway officials. The target is nine million tonnes, or 26.5 percent more than last year's targeted volume, and 2.3 million tonnes, or 5.7 per cent, more than last year's actu...

SINGAPORE, Mar 12 (GCTL) - The Swire Group's deep-sea shipowning and operating arm China Navigation Co (CNCo) has opened its new head office at The Concourse this week. The move, which was signalled last October, was in response to changed market conditions and the need to consolidate overall management in one location, CNCo said then. Functions previously divided between Hong Kong and Sydn...

BEIJING, Mar 12 (GCTL) - Air China, the biggest of the China's three major airlines, said it will raise about 6.5 billion yuan (US$952 million) through a sale of up to 585 million new A-shares for about 5.6 billion yuan and 157 million H-shares for HK$1.04 billion. Its state-owned parent will subscribe to 157 million A shares for not less than 1.5 billion yuan and a wholly owned unit of the par...