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Gulf Freight Carrier Orders More B777-300s
Gulf air freight carrier Emirates has just put in an order for new planes that will give Emirates over 204 new air freighters on order at airplane manufacturing facilities around the world and set this air freight carrier up to be one of the world's top air carriers in the years ahead in the century of the environment. Sources indicate that Emirates put in an order for 30 new B777-300s during the recent Farnborough Air Show in the United Kingdom that's going to cost about US$9.1 billion. This means that Emirates has a total of 48 new extended range B777-300 air freighters each capable of carrying about 20 tonnes of air freight on order at Boeing. Reports also have Emirates having another 79 Airbus 380s, 70 A350s and another seven Boeing air freighters on the order books, which makes up the total of 204 reportedly worth about $67 billion.

The announcement of the order for new air freighters for Emirates was made recently by his Highness Sheikh Ahmed Bin Saeed Al-Maktoum, Prime Minister of the United Arab Emirates and ruler of Dubai. A definite sign of the confidence that Emirates has in the future of the worldwide air freight carrier industry and the belief that the freight industry is about to grow to new heights. Apparently, Emirates is determined to build up their fleet of air freighters in order to take advantage of any increase in demand for air freight services, and this order for new B777-300 air freighters is definitely going to give Emirates the planes it needs in order to keep customers freight moving to destination in the days ahead in the century of the environment.

Demand for air freight services has been growing in the world in the past few months and Emirates is probably preparing to take care of what the company expects will be even higher demand for air freight services in the coming months. Hopefully, the demand for air freight services continues to increase in all regions of the world during the summer months and continues to soar higher into the sky in the last quarter of 2010.
Posted on 16 Aug 2010 by Momentum
Shedding Older LPG Ocean Freight Carriers
The desire to shed the world's ocean freight carrier fleet of elderly ocean freight carriers turned another page recently as US-listed StealthGas has been busy of late clearing out its older LPG carriers with the recent sale of the 3,000-cbm Gas Prodigy (built 1995). In addition, to the sale of the 5,000-cbm Gas Texiana (built 1995) and 3,500-cbm Gas Prophet (built 1996), back in March.

This greek controlled ocean LPG freight carrier owner that has been busy transporting LPG for Petrobas, according to sources around the worldwide ocean freight shipping industry. Reports indicate that Petrobas has fixed out StealthGas's 7,000-cbm Gas Haralambos (built 2007) for over $350,000 a month. Not bad for an ocean freight carrier that was originally purchased for around $23 million, according to some freight shipping professionals in the business of shipping LPG freight to destinations around the world.

In other Greek international industry news Greek shipowner Naftomar has apparently secured a firm price for the 7,500-cbm Gas Galaxy (built 2002). The Gas Galaxy will now be sold to a Turkish buyer that hasn't been confirmed for around $20 million, instead of being on a long-term charter for Vitol. Reports out of West Africa also indicate that Oslo-listed Solvang's 60,000-cbm Clipper Orion could be going to work soon for Petrobas on a six-month job transporting LPG off West Africa at a rate close to $400,000 a month. This according to many sources around the worldwide LPG ocean freight shipping industry is a pretty solid rate that should prove to be profitable for the firms involved.
Posted on 13 Aug 2010 by Momentum

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