In its 2019 Annual Report, A.P. Moller - Maersk posted improved earnings and free cash flow, despite weaker market conditions and global container growth of only 1.4 percent. In 2019, earnings before interest, tax, depreciation, and amortisation (EBITDA) improved 14 percent to $5.7 billion compared to 2018 and the EBITDA margin increased to 14.7 percent.
Lines (MOL) has appointed of Mitsuru Fukushima as chief country representative for Mozambique and South Africa under the umbrella of the chief executive representatives for Europe and Africa, effective April 1, 2020.Based in the representative office of MOL (Europe and Africa), which will newly open in Maputo, Fukushima in Mozambique and South Africa will enhance business capabilities and raise the profile of the MOL brand as a representative of the MOL Group in both countries, and develop and propose solutions for comprehensive transport services in response to specific needs in each country.Link for article
Korean Air, flag carrier of South Korea, has finalised $6.3 billion deal with Boeing, for 20 787 Dreamliner airplanes, including 10 each of the 787-10 and 787-9 models.
Along with an agreement to lease 10 additional 787-10 jets from Air Lease Corporation (ALC), the carrier will quadruple its Dreamliner fleet as it looks to bring greater efficiency and passenger comforts to its operations.
A bulk Terminal is a modern office used to store a lot of an item, for example, a material before that item is moved to another area for additional handling or conveyance to end-employments.
Bulk Terminals are oftentimes a basic piece of bigger organizations of transportation framework, including pipelines and storerooms.
They are likewise utilized in the capacity of dangerous materials.
Bulk Terminals can be either street or rail-stacking frameworks, with the previous utilizing rails or trucks as stages for the capacity and transport of items while the last uses trucks.
They are now and then called by different names, contingent upon the particular application.Different kinds of bulk terminals incorporate terminal structures, incorporating stockrooms that work in the capacity of completed items just as different materials, like oil.
There are additionally specific warehousing yards where various kinds of merchandise are put away briefly or long haul.
When talking about international trade, freight forwarders came up as a strong pillar for the industry's success.
Without the streamlined logistics services provided by freight forwarders in Dubai, it would be impossible to make the country become the top in global trade practices.When we look at the roles and responsibilities of freight forwarding companies, it includes all the efforts needed to transport the goods from one place to another.
These include packaging, consolidating, container space handling, customs clearance, warehousing, delivery, and all the efforts needed to make the goods reach the final destination.When we talk about the purpose of a freight forwarding company in Dubai, then the list is very long.
From small to large, there are various kinds of freight forwarding company in Dubai that are serving the needs of businesses to a great extent.
If you look for a multimodal logistics company to make your shipping process more straightforward, then SLR shipping services LLC is one of the top choices for transporting goods across the globe.PaperworkTransporting your goods comes up with significant responsibilities and lots of paperwork.
Most businesses fear paperwork when it comes to moving their goods across the world.
