Changi’s air cargo stable, Keppel inks more
Published: Jul 26, 2012
Airfreight at Changi Airport is stable
Singapore Changi Airport has reported steady cargo movements in June 2012. Shipment volume saw a slight decline of 1% compared to last year, with 153,000 tonnes of airfreight shipped. Additionally, Chinese cargo carrier Yangtze River Express has also begun operations connecting Shanghai Pudong to Singapore, stopping over in Bangkok and Chongqing. Passenger traffic, on the flip side, saw a 6.4% growth year-on-year, handling 25 million passengers in the first half of the year. The national airport had earlier reported a 2.8% drop in air cargo in May, with an average decline of 1.3% in the first five months of 2012.
Keppel Shipyard inks more deals
Keppel Shipyard has once again secured a number of contracts, this time amounting to an initial combined value of SG$103 million. The company has been tasked to convert tankers to a Floating Production Storage and Offloading unit and a Floating Storage and Offloading vessel respectively for Vietnamese oil firm PetroVietnam Technical Services Corporation Asia Pacific and Perenco, a global oil and gas company. Third contract from Canada's BC Petroleum ropes in Keppel's expertise for the modification and upgrading of a tanker to an Early Production Vessel.
DHL studies China's FMCG supply chain
DHL has signed a memorandum of understanding to take on a comprehensive City Logistics Master Plan Research for the city of Chengdu. The strategic cooperation will focus on the analysis of the supply chain of fast-moving consumer goods from a number of sectors including supermarkets, wholesale markets and franchised stores. With the project, DHL will look to significantly decrease freight traffic, increase efficiency, reliability and service quality for better control of the logistics processes.
CEVA Logistics goes mobile
CEVA Logistics has rolled out a mobile app CEVA Mobile, allowing customers to track their cargo with their iPhone or iPad. The app, available free from the iTunes App Store, will provide customers a platform to search and retrieve the status of airfreight, oceanfreight and customs brokerage shipments across the globe while on-the-go.
China's CNOOC acquires Canadian firm
CNOOC Limited, China-based producer of offshore crude oil and natural gas, has acquired Canadian global energy company Nexen for US$27.50 (SG$34.50) per share in cash. The US$15 billion buyout hence expands CNOOC's overseas business and resource base, extending its offshore production footprint to regions focused on oil and gas, including Western Canada, the UK North Sea, the Gulf of Mexico and offshore Nigeria.
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- Cnooc China Ltd.
- Keppel Shipyard
- CEVA Logistics
- Changi Airport Group