15 years between Dubai and Vietnam
Emirates Skycargo, the freight division of Emirates, made its entry into Vietnam in October 2005, setting up its offline presence first in Ho Chi Minh City (HCMC) and Hanoi. Exports from these gateways were carried to other Asian points like Bangkok, Singapore and Kuala Lumpur... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
TT Club concerned over cool chain cargo
There is action required, says TT Club. The analysis of the insurance company’s claims records over the past three years shows that temperature-controlled incidents rank in third place. Almost 30% of these incidents involved a miscommunication of operational instructions... more
Heppner strengthens German sales team
Heppner, a French company specialising in the movement of goods between France and Germany, has announced the appointment of Frank Burkert as its sales director for the German market. Elected to his new position in July 2020, Burkert brings almost 30 years of experience in... more
JV contracted for terminal rail manœuvres in Spain
The Spanish railway infrastructure administrator (Adif) has mandated the joint venture (U.T.E.), formed by Transfesa Logistics and Silsa, to manage railway shunting manoeuvres and train operations at the Sagunto freight terminal (Valencia). The contract will last two years, plus... more
ASL Airlines Ireland ready for ATR 72-600F
ASL Airlines Ireland confirms it would take a total of five ATR72-600F from the batch of 30 (+20 on option) ordered in 2017 by Fedex Express. As the launch carrier, the Irish airline will operate the turboprops on behalf of Fedex. The first aircraft will be delivered in early... more
Taking over Elbrus in Brazil
With the takeover of Elbrus Assistência Técnica Em Raio X, Simon Hegele Healthcare Solutions, a service partner for OEMs of large medical equipment, has launched its expansion to Latin America. Simon Hegele Healthcare Solutions and its subsidiary GMED offer logistics and... more
Gothenburg port supports nationwide electrification
Tomas Eneroth, Sweden's minister for infrastructure, has presented his government’s newly established electrification commission, which will identify measures to speed up electrification in the transport sector. Gothenburg Port Authority has announced that its chief... more
IMB sees pirates growing stronger
Pirate attacks on merchant ships continue to rise, according to figures from the most recent edition of the quarterly report of the International Maritime Bureau (IMB) of the International Chamber of Commerce (ICC). In particular, the number of kidnappings in the Gulf of... more
Abris exits locomotive leasing business
Abris has signed an agreement to sell its stake in Cargounit to the Three Seas Initiative Investment Fund (advised by Amber Infrastructure Group). Closing of the transaction is subject to the relevant customary conditions and is expected to take place by year-end. Cargounit is... more