China COSCO Shipping Corp Ltd and three partners, including France's CMA CGM SA, on Wednesday announced a new shipping partnership, OCEAN Alliance, formed to challenge 2M－the world's largest container carrier alliance. Formed by Denmark's Maersk Line and Switzerland's Mediterranean Shipping Co SA, 2M started its operations in 2015, and controls more than 2.1 million twenty-foot equivalent unit...
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20 / 04 / 2016
Shipping alliance aims to challenge market leader
Shipping alliance aims to challenge market leader
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09 / 04 / 2016
China's business jet sector to see further growth
China's business jet sector to see further growth
A recent slowdown in growth in China's business jet industry will not affect the long-term prospects of the sector, a report said. According to the China Business Aviation Special Report 2016 jointly released by Hurun Report and Minsheng Financial Leasing, at least 1,420 rich Chinese people have the potential to buy 1,750 business jets, which are worth more than $52 billion. More than 9,000 su...
Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /srv/legacy/websites/worldcargo-log.com/en/news.php on line 121
31 / 03 / 2016
New airports needed to boost business aviation
New airports needed to boost business aviation
The number of airports in China is very limited compared with countries where private aircraft ownership is high The lack of airports has long been cited as a factor holding back growth in business aircraft ownership in China. Hoogewerf's latest list of the superrich, released last month, showed that China has the largest number of billionaires in the world at 568, compared to 535 in the Unite...
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