A China Northern Airlines flight from Beijing to Dalian crashed on May 7, killing all 112 passengers and crew. The McDonnell Douglas MD-82 jet crashed into the sea about 10km from Dalian after the pilot reported a fire in the cabin. It was the second fatal air accident involving a mainland Chinese plane in less […]
Category: Transport & Logistics
PetroChina, the country’s largest oil and gas producer, announced that it laid off about 16,600 employees in 2001 to cut costs. This followed a workforce reduction of 38,400 in the previous year. At the end of 2000, the company had 441,000 employees. Sinopec, China’s largest oil refinery company, intends to cut 20,000 jobs this year, […]
The Shanghai branch of the stateowned freight forwarder Sinotrans has joined forces with TransOceanic Shipping, the international logistics management company. From April the two companies will transport 1m tonnes of equipment to the huge BASF-YPS plant in Nanjing, Jiangsu province. The project is due to begin operations in 2004. TransOceanic will handle the offshore part […]
Developers in Beijing are planning to build China's largest logistics port in the city, China Daily said. The principal sponsors of the development are Beijing Jingtai Logistics and Kerry Group of Hong Kong. It will involve a total investment of Yn11bn. The port will be built on a 3m sq metre site in Shibalidian in […]
Passenger throughput at Hong Kong International Airport tumbled 12 per cent year-onyear to 2.55m in October. Cargo fell 6.3 per cent to 197,000 tonnes. The airport blamed the slump on the slowing international economy and the repercussions of the September 11 terrorist attacks on the US. The only bright spot was a 13 per cent […]