Fast diversification 
On 28 September AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany, completed the acquisition of a Boeing 757-200 freighter aircraft and a Rolls-Royce RB211 engine from a subsidiary of ASL Aviation Holdings for its customer Airline Geo Sky. Two days... more
Which is the cheapest sustainable marine fuel?
A study commissioned by SEA-LNG, a UK-based industry foundation, has found that liquified bio-methane (bio-LNG) offers real opportunities for maritime decarbonisation. Conducted at the Nanyang Technological University (NTU Singapore), the study points out that bio-LNG can be... more
Sustainable fleet growing further
US class I railway Union Pacific is investing in electric vehicles: Over the next six months, 67 electric vehicles – 50 Ford Lightning pickups and 17 Ford Mustang Mach-Es – will be delivered to select field locations across the railroad’s US network. Growing its... more
Agility invests in e-mobility supplier
Agility Ventures, the venture capital branch of Kuwait-headquartered Agility, has invested in Loop Global, a USA-based developer of hardware and software for electric-vehicle (EV) charging stations and networks. Loop, which operates in all 50 US states and more than 15... more
Bengaluru Kempegowda Intl airport flourishes
Kempegowda International Airport, Bengaluru (BLR Airport) continues to be the No.1 airport for handling perishable shipments from India. BLR Airport recorded 52,366 t of perishable shipments in FY 2021-22, compared to the previous year’s 48,130 t. 41% of South India’s... more
An e-parcel boat on the Spree
In Berlin, DHL has put an electrically powered solar ship into service. The vessel is 10.50 m long and 2.50 m wide. By using photovoltaics on the ship's roof, sufficient electricity can be generated for propulsion and on-board power. For times without sunshine, the energy is... more
Wascosa elects new executive committee
Wascosa has appointed Iris Hilb as its new chief executive officer (CEO), effective 1 January 2023 and restructured its executive committee. The current members of the executive board now are: Peter Balzer (CEO until 31 December 2022), Iris Hilb (Nominee CEO until 31... more
Methanol-Maersk is on
In March 2022, A.P. Moller - Maersk entered into strategic partnerships with six companies involved in methanol production. By the agreements with Cimc Enric, European Energy, Green Technology Bank, Orsted, Proman, and Wastefuel, the aim is to source at least 730,000 t/year... more
Joining forces to augment intermodal services
MSC and FS Group have signed a MoU to create synergies in logistics. The agreement will initially aim at checking the opportunities and mutual interest to implement a commercial and operational partnership project to develop intermodal services. FS’s Polo Logistica... more
UPS promotes Engin Kolat
UPS has appointed Turkey director of operations Engin Kolat as its new Turkey country managerto lead the company’s operations, business development, and strategy in Turkey. Kolat joined UPS as an expert in revenue management and pricing expert in 2013 after graduating from... more