MOL and Singapore banking on LNG
Pavilion Gas (PGPL) and the Japanese carrier MOL have signed a long-term charter contract. According to the pact, MOL will operate Asia’s hitherto largest (12,000 cbm class) LNG bunkering vessel in Singapore. Demand for LNG as bunker fuel is expected to grow on a global scale,... mehr
Europa expands hub in preparation for Brexit
Three years after its inauguration, Europa Worldwide Group, a major supplier of logistics services, has invested GBP 2 million in a reconfiguration programme at its hub in Dartford (United Kingdom). The upgrade was part of a long-term strategy to expand the site to meet growing... mehr
Forthcoming amendment to K+N board
Jürgen Fitschen and Hans Lerch, who have served on the board of directors of Kuehne + Nagel International (K+N) for eleven and 14 years respectively, will step down at the company’s annual general meeting on 7 May 2019, and not stand for re-election to the said board. David... mehr
Improved access to port of Abidjan
The expanded and deepened Vridi Canal (Ivory Coast) was recently inaugurated. The waterway connects the port of Abidjan and the Atlantic via the Ebrié Lagoon. The China Harbor Engineering Company required three years to complete the work that resulted in a wider and deeper... mehr
Australian steel for inland rail network
Construction work on the 1,700 km long inland rail freight line between Melbourne and Brisbane (both Australia), is making progress. Some 14,000 t of Australian steel have been delivered to the site for the Parkes to Narromine section of the track. The delivery of Whyalla... mehr
Andreas Behnke to head Swissport Basel
Swissport has appointed Andreas Behnke as CEO and station manager at Basel’s trinational Euroairport. In his new role, he will be responsible for all the company’s activities in the airport ground services, air cargo handling, executive aviation and lounge hospitality sectors.... mehr
BUD Cargo City gains another lessee
The Austrian logistics services provider cargo-partner will lease facilities at BUD Cargo City, the forwarding hub at Budapest airport, which will open at the end of 2019. The hub will comprise 7,500 sqm of storage space as well as offices. The airport is investing EUR 32.6... mehr
Hermes Logistics Technologies augments teams
Hermes Logistics Technologies (HLT) is continuing to expand its teams in India and the UK as its flagship cargo management system, Hermes 5 (H5), is adopted by cargo ground handlers, airlines and airports across the globe. Yuval Baruch, CEO, HLT: “We are growing our teams in... mehr
Trade war still makes no impact on world trade
The flash estimate for the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) rose to 138.8 in January from 137.7 in December 2018.... mehr
US president backs Boeing's footprint in Vietnam
On the fringe of the summit between US president Donald Trump and the North Korean leader Kim Jong-un in Hanoi, two privately-held Vietnamese airlines have signed big airplane orders with Boeing. Vietjet has purchased 100 additional B737 MAX airplanes, taking its MAX order... mehr