South Korea investing in logistics centres in USA 
South Korea-based provider CJ Logistics and Korea Ocean Business (KOBC), a South Korean government entity, are partnering to construct large-scale logistics centres in USA. With a total investment of USD 457 million, these hubs will prioritise the handling of import and... more
TLX service launched
From tomorrow, 1 July, CMA CGM’s Turkey Libya Express service (TLX ) will offer a seasonal weekly link connecting Asia to Turkey, Libya and the Red Sea. The option, fully operated by CMA CGM, will call at Shanghai, Ningbo, Singapore, Malta, Jeddah and Port Klang, amongst others,... more
First time bunkering of a UECC vessel
United European Car Carriers (UECC), a provider of sustainable short sea ro-ro transportation in Europe and its partners Dutch biofuel provider Goodfuels and vessel owner NYK have successfully completed a delivery of sustainable biofuel in the port of Vlissingen. Daniel... more
AAPA: air cargo demand declined in May
The Association of Asia Pacific Airlines (Aapa) recently released its preliminary traffic figures for May 2023. The region’s carriers registered a 193.2% year-on-year increase in the number of international passengers carried to 21.4 million in May, whereas subdued demand... more
Allcargo group: key changes after demerger
Allcargo Group, a global logistics conglomerate headquartered in India, has made several appointments in key leadership positions within the organisation after its recent demerger. Shashi Kiran Shetty has been redesignated as executive chairman of Allcargo Logistics, Adarsh... more
Agreements for two new vessels
The Board of Samudera Shipping Line has signed numerous agreements to acquire two container vessels from independent third parties. The two new vessels will be delivered in H2/2023. The purchase price is approximately USD 59,900,000. Each of the new vessels has a deadweight... more
Röhlig soon to have 40 warehouses worldwide
The multimodal and contract logistics specialist is strategically advancing its contract logistics business and now operates around 260,000 sqm of warehouse space in more than 15 countries. Most recently, Roehlig has expanded its capacity with new warehouses in Malaysia,... more
Stratos: two more widebodies delivered
Aircraft investment specialist Stratos delivered two widebodies at the end of May, continuing a deal flow involving over ten widebodies to different buyers and lessees over the past twelve months. Stratos completed the sale of A330-300 MSN1338 to an affiliate of DHL – the... more
Boosting traffic on China-Europe axis
Rhenus is strengthening its foothold along the Middle Corridor of the New Silk Road. The group recently signed a memorandum of understanding with Kazakhstan Railways (KTZ) to enhance transhipment capacity in the Caspian Sea region between China and Europe. The partners will... more
Genesis takes delivery of 20th 737-800BCF
Guangzhou Aircraft Maintenance Engineering Company Limited (Gameco) announced the completion of its 20th 737-800 Boeing Converted Freighter (BCF) at Gameco’s facility in Guangzhou, China. After completion, Boeing handed over the aircraft to Genesis, an Irish-based aircraft... more