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MALAYSIAN NEWS UPDATE

OOCL has received the 2017 Hong Kong Awards for Environmental Excellence (HKAEE) Gold Award in the Transport and Logistics Sector category at a ceremony held at the Hong Kong Convention and Exhibition Centre. The HKAEE encourages businesses and organisations to embrace green management and innovation with the opportunity to benchmark their environmental performance and commitments towards best practices within their sectors. OOCL first participated in the HKAEE Award and won the Gold standing in 2012 and again in 2014. "For the first time in the awards programme, and in addition to the HKAEE Gold Award, a new "outstanding Green Leadership Award" was introduced this year to recognise ten top performers demonstrating excellent performance in the aspect of green leadership. From over 1,600 eligible applicants in 15 industry sectors, OOCL is very proud to be one of the first recipients of this award," it said. OOCL said it will continue to strive for further improvements in all aspects of its business for a greener future in the generations to come. OOCL wins 2017 HKAEE Gold Award for top environmental performance PSA and Hyundai Merchant Marine buy remaining Busan terminal from PE firm HYUNDAI Merchant Marine (HMM) and Singapore's PSA International have secured complete ownership of a Port of Busan terminal, reports London's Port Technology International. Both Korean shipping giant HMM and global port operator PSA will each hold a 50 per cent in the terminal after purchasing the remaining shares from a Korean venture capital firm IMM Investment in a deal on May 15. Due to the new ownership, the terminal has changed its name from Hyundai Pusan New-Port Terminal to Korea Shipping Partnership Pusan Newport Terminal. HMM fronted a majority of the final investment with PSA to take joint ownership, securing 40 per cent of the remaining shares in order to lower its cargo handling costs. PSA took 10 per cent of IMM Investment's stake. HMM's stake decreased to 10 per cent in 2016 after it sold shares due to mounting debts. TUGS came to the rescue of dry cargo ships in the Mediterranean and off the Canary Islands last week. The salvage and port tugs helped to avert a maritime accident by towing away two containerships and one general cargo vessel. On May 13 containership Kubilai Khan suffered engine failure and started drifting north of Las Palmas, Canary Islands. Search and rescue tug Miguel de Cervantes was able to tow the 1996-built, 5,996 gross tonne ship to Las Palmas the following day for repairs. Engine trouble was also the cause of a stranded ship blocking the Egyptian port of Damietta on May 12. Hapag-Lloyd's large container ship Frankfurt Express ran into trouble while manoeuvring in the harbour, blocking quaysides and navigation channels, reported London's Tug Technology & Business. Port tugs were deployed to move 2010-built, 8,000 TEU Frankfurt Express away from trouble and out of the way from other ships. Crew were able to repair the engine failure and resume the voyage to Spain. Also on May 12 Royal Wagenborg-operated general cargo ship Marietje Nora needed emergency towage in the Ionian Sea, after suffering damage. This 2015-built ship was en route to Ravenna, Italy, from Denmark when it ran into trouble. A tug towed this ship to Corfu, Greece for repairs. Tugs come to aid of dry cargo ships in the Mediterranean and Canary Islands

Frankfurt air cargo volume rises 2.3 pc to 189,634 tonnes FRANKFURT Airport has reported a 2.3 per cent year-on-year increase in April cargo throughput to 189,634 tonnes. It also reported continuous increases in passenger numbers and aircraft movements with traffic also growing across Fraport's international Group airports. In April, Frankfurt Airport (FRA) welcomed some 5.7 million passengers - an increase of 5.8 per cent. Without strike and weather-related flight cancellations, passenger numbers at FRA would have risen by 7.2 per cent. During the January-to-April period, FRA achieved accumulated growth of 8.7 per cent. European traffic (up 10.8 per cent) continued to be the driver of passenger growth in April. Aircraft movements climbed 8.4 per cent to 42,922 takeoffs and landings in April 2018. Again, European traffic was the primary growth driver (up 11.6 per cent). Accumulated maximum takeoff weights (MTOWs) expanded by 5.5 per cent to some 2.6 million tonnes. Across the group, airports in Fraport's international portfolio all showed positive performance. Ljubljana Airport (LJU) in Slovenia's capital city served 157,837 passengers, representing an increase of 19.4 per cent. Fraport's two Brazilian airports in Fortaleza (FOR) and Porto Alegre (POA) reported combined traffic growth of 2.8 per cent to about 1.1 million passengers. Overall traffic at the 14 Greek regional airports surged by 10.6 per cent to over 1.3 million passengers. Specifically, high-traffic Thessaloniki Airport (SKG) rebounded strongly, with the airport serving 521,822 passengers in April 2018 (up 10.1 per cent). In March 2018, SKG still reported declining passenger numbers due to the runway closure in connection with renovation works. Lima Airport (LIM) in Peru posted 9.2 per cent traffic growth to about 1.7 million passengers. At the Twin Star airports of Varna (VAR) and Burgas (BOJ) on the Bulgarian Black Sea coast, passenger numbers soared by 59.2 per cent to a total of 124,421 passengers. Traffic at Antalya Airport (AYT) in Turkey rose by 27.5 per cent to around 1.9 million passengers. A total of 491,250 passengers used Hanover Airport (HAJ) in northern Germany, up 5.8 per cent. Pulkovo Airport (LED) in St Petersburg, Russia, saw traffic advance by 11.8 per cent to some 1.3 million passengers. In China, Xi'an Airport (XIY) welcomed about 3.7 million passengers, representing an increase of 8.3 per cent.