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Quick-thinking helps Canadian iron ore mining project

Volga-Dnepr Airlines’ outsize cargo specialists came up with an innovative solution to help the Canadian mining company Baffinland Iron Mines increase its iron ore production quota in 2017 at its Mary River operation in North Baffin, Nunavut, Canada. In 2016, Baffinland achieved 3.2m tonnes of production and transportation of iron ore

Volga-Dnepr AN-124-100 flights deliver 11 generators

Volga-Dnepr Airlines’ iconic An-124-100 freighters delivered 11 generators, weighing 57 tonnes a piece, to Madagascar’s capital city Antananarivo. The added juice provides a critical boost to the country’s power grid, where rolling blackouts triggered social unrest in 2014, and a cyclone that struck this March caused widespread power outages. A 2016 World Bank

BBC launches “BBC Euro-Gulf Express Line”

Following the extension of BBC’s westbound capacity with BBC’s Med-America Service, BBC Chartering now adds a regular “apac service” departing every fortnight from the Continent to the US-Gulf starting mid-June. The capacity is marketed as “BBC Euro-Gulf Express Line” and offers project cargo customers most flexible transport solutions, reliable service frequency

AN-124 Charter Cost Fall As Much As 40%

The high costs of chartering an AN-124 cargo aircraft have fallen by as much as 40%, in some cases, since the near-monopoly of the Ruslan joint-venture was dissolved. The break-up happened at the end of last year, due to political differences between Russia and Ukraine. Admitting prices for the aircraft, marketed by Antonov/Volga-Dnepr

China pledges $124 billion for new Silk Road

Chinese President Xi Jinping pledged $124 billion on Sunday for his new Silk Road plan to forge a path of peace, inclusiveness and free trade, and called for the abandonment of old models based on rivalry and diplomatic power games. Xi used a summit on the initiative, attended by leaders and

Tidewater to File for Chapter 11

New Orleans-based oil services company Tidewater Inc. has entered into a prepackaged restructuring agreement with certain lenders that will require the company to file for Chapter 11 bankruptcy. Tidewater announced the restructuring and said it expects the pre-packaged plan to substantially deleverage its balance sheet and better position the company as it

Emirates SkyCargo and Cargolux into cargo partnership

Emirates SkyCargo and Cargolux Airlines today signed a Memorandum of Understanding (MoU) for a strategic operational partnership in air cargo transportation. This unique and ground breaking agreement, the first of its kind in the air cargo industry between a mainline airline and a specialized freighter operator, will allow cooperation between

Cargolux flies profitably through volatile 2016

Cargolux Airlines has proved its qualities once more in the extremely volatile environment of the international air cargo industry. In a year dominated for the major part by worryingly low yields, fierce competition and overcapacity, the airline experienced a robust fourth quarter, one of the strongest in many years. The