Logistics

Emirates has emerged from global recession with an enviable financial position, nearly tripling capacity and passenger revenues over the past five years - Image credit : priceit.in

Middle East passenger traffic is expected to reach 140mn by 2015 and Emirates is likely to become the worlds largest widebody carrier, global management consulting firm The Boston Consulting Group (BCG) says in a new report.

Etihad Rail has appointed China South Locomotive & Rolling Stock Corporation Limited (CSR) to supply 240 covered wagons for the carriage of granulated sulphur in the Western Region of Abu Dhabi.

Kuwait Airways Corporations privatisation committee ? PrivComm ? will assess expressions of interest (EOIs) made to purchase a 35 per cent stake in the carrier following the expiry of the August 25 deadline for submissions.

Maersk Line, the world?s biggest container shipping line, will resume its cargo service to Libya on Sept. 8 in its first shipment since February, a spokesman said.