South-East Asia








Transport Infrastructure

Passenger Transportation Services

Passenger Transportation Services

What is the issue with Cathay Pacific's A350 Rolls-Royce engines?

Hong Kong's Cathay Pacific Airways said on Tuesday it had actually examined its whole Jet A350 fleet after the inflight failure of a component in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded a number of minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. A source knowledgeable about the matter said a leakage in a fuel system appeared to have caused a short engine fire that was quickly snuffed out by the team of the Zurich-bound jet. The five-year-old...

Passenger Transportation Services

What is the problem with Cathay Pacific's A350 Rolls-Royce engines?

Hong Kong's Cathay Pacific Airways said on Tuesday it had checked its whole Airbus A350 fleet after the inflight failure of an element in an engine that is made by British maker RollsRoyce . WHAT HAPPENED ON THE FLIGHT? An issue unfolded several minutes after liftoff on flight CX383 from Hong Kong to Zurich on Monday, according to flight tracking service FlightRadar24. The five-year-old A350-1000 plane performed 2 large circles and dumped fuel over the sea before going back to Hong Kong where it landed securely about 75 minutes after its departure. Cathay Pacific stated it recognized an engine part...

Passenger Transportation Services

Air India to run Vistara flights from November as merger gets essential approval

Indian provider Vistara stated on Friday its planes would be operated by Air India from November as a. merger between Vistara and the nation's flag carrier got. momentum following a key Indian government approval. Singapore Airlines, which owns 49% of Vistara in a. joint endeavor with India's Tata Group said it had actually gotten. approval for foreign direct investment into an expanded Air. India, clearing a considerable hurdle in the merger procedure. Singapore's flagship carrier revealed a strategy to merge the. decade-old Vistara and Tata-owned Air India in November 2022, in. a quote to develop a dominant full-service airline in...

Passenger Transportation Services

Singapore Airlines gets India's FDI approval for Air India-Vistara merger

Singapore Airlines (SIA). stated on Friday it has received approval from the Indian. government for foreign direct investment, as part of a merger in. which Vistara, its 49% owned joint venture with Tata, will be. absorbed into Air India. Singapore's flagship provider had revealed the strategy to combine. Vistara and Tata-owned Air India in November 2022, in a quote to. produce a dominant full-service airline in the domestic and. worldwide markets. The FDI Approval, together with anti-trust and merger. control clearances and approvals, along with other governmental. and regulatory approvals got to date, represent a. substantial development towards the conclusion...

Passenger Transportation Services

Airlines suspend flights as Middle East stress increase

Concerns over a larger conflict in the Middle East have actually prompted global airlines to suspend flights to the region or to prevent affected air space. Below are some of the airline companies that have adjusted services to and from the area: AEGEAN AIRLINES The Greek airline company cancelled flights to and from Amman up until Sept. 30, Beirut till Oct. 1 and Tel Aviv up until Oct. 26. AIR ALGERIE The Algerian airline suspended flights to and from Lebanon till further notice. AIRBALTIC Latvia's airBaltic cancelled flights to and from Tel Aviv till Sept. 1. AIR FRANCE-KLM KLM cancelled...

Passenger Transportation Services

Malaysia Aviation Group to cut flight capacity by 20% this year

Malaysia Air Travel Group ( MAG), the moms and dad of national provider Malaysia Airlines, said on Thursday it would reduce network capacity by 20% across its airlines this year amid a shortage of aircrafts, labour and parts. The group, which likewise runs provider Firefly and Muslim trip company Amal, said in a statement the reduction would include domestic flights as well as routes in Southeast Asia, North Asia, Australia, New Zealand, Greater China, South Asia and the Middle East. While it is a challenging choice, our focus is to prioritise consumers first, guaranteeing we can provide reputable flight schedules...

Passenger Transportation Services

Malaysia Airlines' air operator certificate cut to 1 year after technical concerns

Malaysia's civil air travel regulator has actually cut the period of Malaysia Airlines' air operator certificate from three years to one, following a. probe into technical concerns dealt with by the state carrier, the. transportation minister stated on Wednesday. The airline company's parent, Malaysia Aviation Group (MAG), had. said on Saturday it plans to briefly reduce its flights and. paths across its carriers up until December this year, after. service interruptions previously this month. Following the examination by Malaysia's Civil Aviation. Authority, Malaysia Airlines has prepared a mitigation strategy that. will include an aggressive labour recruitment programme and a. bigger...

Passenger Transportation Services

Airlines suspend flights as Middle East stress rise

Concerns over a larger conflict in the Middle East have prompted international airline companies to suspend flights to the region or to prevent afflicted air area. Below are a few of the airline companies that have actually changed services to and from the area: AEGEAN AIRLINES The Greek airline company cancelled flights to and from Amman up until Sept. 30, Beirut till Oct. 1 and Tel Aviv up until Oct. 26. AIR ALGERIE The Algerian airline company suspended flights to and from Lebanon till additional notice. AIRBALTIC Latvia's airBaltic cancelled flights to and from Tel Aviv until Sept. 1. AIR...

Passenger Transportation Services

Air travel regulators press for global efforts to deal with turbulence

Air travel officials from Asia are making a case for worldwide action to minimize injuries from turbulence, with current highprofile events driving calls to improve forecasting across borders at a Montreal gathering of regulators starting Monday. While turbulence does not often trigger deaths, it is the leading cause of mishaps, according to data from the U.N.'s aviation firm, and serious weather condition patterns brought about by climate modification might result in more incidents, experts say. It is among numerous problems being taken on by international regulators at the International Civil Air travel Organization's. air navigation conference which runs through Sept...

Passenger Transportation Services

Airlines suspend flights as Middle East stress rise

Issues over a wider dispute in the Middle East have triggered global airlines to suspend flights to the region or to prevent afflicted air area. Below are a few of the airline companies that have changed services to and from the area: AEGEAN AIRLINES The Greek airline company cancelled flights to and from Amman till Sept. 30, Beirut until Oct. 1 and Tel Aviv till Oct. 26. AIR ALGERIE The Algerian airline suspended flights to and from Lebanon until further notice. AIRBALTIC Latvia's airBaltic cancelled flights to and from Tel Aviv up until Sept. 1. AIR FRANCE-KLM Air France cancelled...

Passenger Transportation Services

RPT-Airlines fly over Afghanistan as Middle East ends up being the higher risk

Singapore Airlines, British Airways and Lufthansa have actually increased their flights over Afghanistan after years of mostly preventing it now the Middle East conflict has actually made it seem a relatively safe alternative. The providers mainly stopped transiting Afghanistan, which lies on major routes in between Asia and Europe, 3 years ago when the Taliban took control of and air traffic control services stopped. Those services have yet to resume, however airline companies significantly think about the skies between Iran and Israel are riskier than Afghan airspace. Numerous had actually begun routing through Iran and the Middle East after Russian...

Passenger Transportation Services

Airlines fly over Afghanistan as Middle East ends up being the greater threat

Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of mainly preventing it now the Middle East dispute has actually made it appear a fairly safe alternative. The providers primarily stopped transiting Afghanistan, which lies on significant paths in between Asia and Europe, 3 years ago when the Taliban took over and air traffic control services stopped. Those services have yet to resume, but airlines progressively think about the skies between Iran and Israel are riskier than Afghan airspace. Lots of had actually started routing through Iran and the Middle East after Russian skies were...

Ground Transportation

Ground Freight

Congo wants Trafigura partner Chemaf's deal with China's Norinco halted

The government of the Democratic Republic of Congo is opposed to a proposal by Chemaf SA to sell its copper and cobalt mines in the country to China's. Norin Mining, according to a document seen . Chemaf, a veteran partner of products trader Trafigura,. said in June it had actually consented to offer its mines in Congo to the. unit of Chinese state-backed defence and industrial giant, China. North Industries Corp (Norinco). Chemaf put itself up for sale in 2015 due to a cash crunch. that was stalling the expansion of its Etoile and Mutoshi. projects in Congo as cobalt...

Ground Transportation

China's senior tourists could be a silver lining for travel companies

Travel companies are betting that Chinese tourist could return to its prepandemic boom days if they modify tours to avoid high hikes, include nurses and healthcare professionals to their staff and deal discounts for the seniors they're targeting. As China's population quickly ages, and many in the middle-class face task unpredictability and a slowing economy, so-called silver tourist is on the increase, with more retirees, specifically in upscale seaside cities, venturing out in your home and abroad. A number of these seniors have accumulated considerable cost savings during 4 decades of eye-watering financial development, and they are more youthful than...

Ground Freight

Delivering companies react to Houthi attacks in Red Sea

Attacks on vessels in the Red Sea by Iranaligned Houthi militants have actually interfered with a shipping path vital to eastwest trade, with prolonged rerouting of shipments pushing freight rates greater and causing congestion in Asian and European ports. Below are some actions and remarks by significant shipping business and freight forwarders, in alphabetical order: CMA CGM The French shipping group suspended most Red Sea voyages, though its CEO Rodolphe Saade said in February it was still sending out some cargoes on a case by case basis when French navy escorts were possible. DIANA SHIPPING Suez Canal transits are running...

Transportation

Transportation

Vietnam completes key power transmission line to northern commercial center

Vietnam's state energy EVN said on Wednesday it has actually completed construction of a power transmission line expected to improve power supply to the industrialised northern region, home to factories for several large multinationals. The 519 km (322.5 mile) line from the main province of Quang Binh to Pho Noi power station outside Hanoi is part of Vietnam's efforts to avoid a repeat of power lacks that strike factories and households in northern provinces throughout heatwaves in current years. The $1 billion power line, built in less than a year, is expected to approximately double to around 5 gigawatts the...

Transportation

The once-acquisitive Chinese Oil giant is looking to revive global deals

CNPC is Asia's largest oil producer and it has reviewed its global strategy to revitalize dealmaking. It will focus on gas liquefaction, deepsea drilling, as well as improving its track record in producing more from aging fields. China National Petroleum Corp. (CNPC) & its listed subsidiary PetroChina are facing stagnant oil production at home, a lack of new projects worldwide to boost reserves and a slowing economy and a surge in EV use eroding domestic demand. However, mounting geopolitical obstacles limit their room for manoeuvre. Lu Ruquan is the director of CNPC’s Economics and Technology Research Institute and is actively...

Transportation

Malaysia states tankers in July 19 accident anchored in its waters

2 tankers that collided and caught fire near Singapore previously this month are afloat and anchored in Malaysian waters, with an investigation into the occurrence continuous, Malaysia's marine department stated on Tuesday. The Singapore-flagged Hafnia Nile and the Sao Tome and Principe-flagged Ceres I collided and caught fire about 55 km ( 35 miles) northeast of the Singaporean island of Pedra Branca early on July 19. The Hafnia Nile, a Panamax tanker, was bring about 300,000 barrels of naphtha predestined for Japan, according to ship-tracking data from Kpler and LSEG. Naphtha is a raw material for making petrochemicals. The Hafnia...

Transportation

China's BYD widens EV lead over Tesla in Singapore, Southeast Asia, information programs

China's BYD broadened its sales lead over Tesla in Singapore in the first half of this year, federal government data revealed, highlighting the challenge facing the world's most significant electrical vehicle maker by sales from Chinese competitors. BYD's strong development in Singapore, among the region's. smallest car markets, highlights the Chinese firm's ambition. to dominate the Southeast Asia market, where gas car brands. from Japan and South Korea are popular and Tesla has yet to. develop a big presence. The Chinese company has actually had already had early success in the. area, declaring Thailand as its most significant overseas market...

Transportation

Indonesia seeks Russian oil for the very first time in years, sources say

Indonesian statecontrolled refiner Pertamina has actually added Russian oil grades to its tender lists to buy September crude, three traders stated on Monday. Pertamina has not acquired Russian oil for years, having taken a step back since the start of Russian-Ukraine armed force conflict in 2022, though Indonesia did not sign up with Western sanctions versus Russia. Pertamina last acquired ESPO Blend and Sokol oil from Russia more than 10 years ago, LSEG information shows. Western sanctions against the Russian energy sector, consisting of an EU embargo on its oil and a rate cap mechanism, have actually made China, India...

Transportation

Indonesia seeks Russian oil for the first time in years, sources state

Indonesian refiner Pertamina has added Russian oil grades to its tender lists to buy September unrefined, three traders stated on Monday. Pertamina hasn't acquired Russian oil for years, having taken an action back considering that the start of Russian-Ukraine armed force dispute in 2022, though the state did not join western sanctions versus Russia. Pertamina last purchased ESPO Blend and Sokol oil from Russia more than 10 years ago, LSEG data programs. Western sanctions against the Russian energy sector, including EU embargo on its oil and the price cap system, have made China, India and Turkey the primary purchasers of...