News / MAB Kargo eyes investment and expansion as business rebuilds after restructure

first_img MAB Kargo, Malaysia Airlines’ freight offshoot, is set to invest in intra-Asia cargo and e-commerce opportunities as it continues to rebuild its business.This morning it announced a new express freighter service from its hub at Kuala Lumpur to Kota Kinabalu and Kuching, in an attempt to capture e-commerce and courier business.Asia Pacific accounted for 66% of its business in the first quarter, Ahmad Luqman Mohd Azmi, CEO of MAB Kargo, told The Loadstar. But the carrier is firmly eyeing new e-commerce opportunities too.“We have launched specific products with targeted customers to capture cross-border e-commerce,” he said. “However, we are currently restricted in volumes by infrastructure. © Anton Volynets “We intend to make Kuala Lumpur International Airport (KLIA) a major e-commerce hub. We are investing in infrastructure to meet e-commerce demands within our current facility.“The government is also setting up a logistics hub at the KLIA Aeropolis. We want to tap into this, as we believe it will be beneficial to us as a national air cargo carrier.”The airline, which is examining potential partnerships with carriers in the US and Europe, is also considering talks with Chinese express airlines to help it develop this market.“We are considering any parties we can find that have synergies with our network.”MAB, which operates three A330-200 freighters, is also examining the potential benefits of smaller freighters for its regional market, but this would most likely be in partnership, added Mr Luqman.MAB Kargo already has a year-old partnership with Silk Way, which has “been going well” and so will be expanded.“We intend to enhance the relationship by adding capacity in Q3. This partnership is very beneficial to us, as we have a block space arrangement. It allows us to tap into new destinations and helps us to keep our operating costs down,” he explained.MAB Kargo, which restructured in 2015, has since see its operation “stabilised” and is on track to meet its goals, according to Mr Luqman. He expects the division will break even this year, after several years of losses. Yield was up 6.9% year-on-year in January, while the first quarter of this year saw a 5% rise in volumes in the first quarter.“This indicates that business has been good, riding on the momentum of air cargo growth since Q4 last year.“MAB Kargo is optimistic for a better performance this year compared with last year, albeit foreseeing a challenging year ahead. We aim to improve our management of capacity and revenue, as we believe it will continue to boost yields.”Ahmad Luqman Mohd AzmiThe carrier tops up its scheduled operations with charters, a side of the business that is “going quite well”.“We are developing a niche for livestock, concert equipment and oil and gas charters.”On scheduled services, MAB Kargo sees its best performing products as dangerous goods and perishables, which accounted for 37% and 33% of its special Asia-Pacific cargo respectively in the first quarter.Before the restructuring, forwarders liked to gripe about the service they received from the airline, but Mr Luqman has been putting the focus back on customers.“We intend to provide the best products and services. We are trying our best to improve the efficiency in both operations and sales, ensuring our operations run smoothly and that we cater to our target market.”He acknowledges that competition and overcapacity are challenges, but will “engage in healthy competition”.It is also focusing on e-freight, which currently stands below the IATA target, at 30%.center_img By Alex Lennane 06/06/2017last_img read more

Water augmentation: a high priority

first_img Low carbon, solar future could increase jobs in the future – SAPVIA AFD and Eskom commit to a competitive electricity sector Featured image: Stock In Cape Town, South Africa, residents and businesses are implementing water-saving strategies to reduce their impact on this rapidly decreasing municipal resource.Water augmentation has become a hot topic of late, as many industries and the city are exploring viable solutions and methods of extracting water in a sustainable and affordable manner.In a radio interview with Channel Africa, ESI Africa editor, Nicolette Pombo van Zyl, explains how water efficiency is fast becoming a priority at decision-making level.“With everybody working together, we have been able to see that it is manageable and we can actually reach the usage target [set by the City of Cape Town], which is 550 million litres of water per day.”She added that any industry that requires water is being impacted in the City of Cape Town and surrounds.<a href=”https://iono.fm/e/533491″>Content hosted by iono.fm</a>The city’s newly proposed measures for 2018 currently under consideration for implementation to maintain water supplies, include:Introducing punitive tariffs to target water abusersFutuer implementation of demand management devices and flow restrictorsSever pressure management that may disrupt water supplyWith the dam levels constantly being monitored the city’s deputy mayor yesterday reported that Day Zero has been pushed back to July 9 from June 4 due to a decline in water usage.In the event that Day Zero does arrive, the water reticulation network will be turned off to 75% of the city and residents will have to collect water from points of distribution.To help address the topic of water solutions and the way forward, ESI Africa will be hosting a water-focused webinar on Thursday, 8 March at 15h00 CEST, where a panel of industry experts will be discussing the way forward by means of temporary and permanent solutions, best practice and lessons learned.Register your spot today. Generation UNDP China, CCIEE launch report to facilitate low-carbon development Previous articleEnergy department ready to publish IRP, says Minister MahloboNext articleGE Power to assist Ghanaian firm with innovative energy solutions Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. RELATED ARTICLESMORE FROM AUTHOR BRICS Finance and Policylast_img read more

Lancers claw way out of early hole, defeat Rockhurst to earn trip to lacrosse title game

first_imgJackson Gossick’s two goals in the closing minutes of the LAKC semi-final secured the Lancers victory over rival Rockhurst.The first half of Wednesday’s Lacrosse Association of Kansas City semi-final couldn’t have gone much worse for the Lancers. From the starting face-off, rival Rockhurst pushed them around, jumping out to a 4-0 lead. At halftime, it looked likely that, for the second year in a row, the Lancers’ season would end a game away from the championship round.Register to continuelast_img read more

Worse than useless

first_imgGet your free guest access  SIGN UP TODAY Subscribe now for unlimited access Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletterslast_img read more