Home / 2018 / March

Monthly Archives: March 2018

Brussels Airlines Enters Into Joint Agreement With Lufthansa Cargo

Chennai: Port Wings News Network: Lufthansa Cargo will market the cargo capacities of Brussels Airlines from 1 September 2018. The networks of both companies complement each other perfectly. Freight customers of both airlines benefit from this: Brussels Airlines customers have access to Lufthansa Cargo’s route network: the largest network with …

Read More »

Kerry Logistics Posts 7% Growth in Net Profit in 2017

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 27 March announced the group’s annual results for 2017. Group’s Financial Highlights Turnover increased by 28% to HK$30,788 million (2016: HK$24,036 million) Core operating profit rose by 13% to HK$2,128 million (2016: HK$1,878 million) Core net profit increased by 7% …

Read More »

Hapag-Lloyd’s Operating Result More Than Tripled in 2017

Chennai: Port Wings News Network: Leading shipping lines Hapag-Lloyd has disclosed its 2017 annual report on 28 March. Based on the audited figures, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased significantly to EUR 1,055 million (2016: EUR 607 million) and the operating result before interest and taxes (EBIT) …

Read More »

Caution Remains Watchword for Global Marine Insurance: IUMI

Chennai: Port Wings News Network: Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current state of the hull, cargo and offshore energy insurance markets at its Spring Conference in Hamburg. …

Read More »