Stake in HMM up for grabs 
The bidding process for South Korea's key global container carrier, HMM, is drawing to a close. The majority stake is held by state policy bank KDB and Korea Ocean Business Corporation after the bankruptcy of Hanjin Shipping in 2017, with around 58% of their 75% ownership being... plus
DHL Supply Chain: a new CEO for Asia Pacific
DHL Supply Chain, the contract logistics arm of Deutsche Post DHL Group, has announced a change in its regional management as Terry Ryan, CEO DHL Supply Chain Asia Pacific, is retiring from the DHL Group after more than 40 years of valued contribution to the company. Javier... plus
Ceva Logistics expands presence in India
Founded in 2016, Stellar Value Chain Solutions in India is a key player in contract logistics with omni-channel fulfilment services in the e-commerce, automotive, food, and many more market segments. Ceva will acquire more than 70 facilities in 21 cities in India, taking over a... plus
Anemoi rotor sails cut fuel and emissions
The installation of rotor sails on the 82,000 dwt Kamsarmax bulk carrier, TR Lady, was completed in June 2023, marking a collaboration between Tufton Investment Management, Anemoi Marine Technologies and Cargill. Equipped with three 5x24 m Rotor Sails, TR Lady harnesses wind... plus
Boeing confirms Alvin Liu in China
Boeing has appointed Alvin Liu as president of Boeing China, effective 1 September 2023. Liu has been serving as interim president since 10 July 2023, following the announcement that his predecessor, Sherry Carbary, plans to retire later this year, concluding a distinguished,... plus
Laos: from a landlocked to a land-linked country
Since its launch in December 2021, the China-Laos-railway has transported 24 million t of freight. Laos is one of the countries benefiting from the 1,035 km line, as China’s state council information office (SCIO) reports. With only a 3.5 km long railway to Thailand, Laos’... plus
Kaohsiung port's Terminal 7 officially opened
Already in operation since May 2023, the newly built Terminal 7 at Kaohsiung Port, Taiwan, played the main role at the official opening ceremony arranged by Evergreen Marine Corp. (EMC), one week ago. The event was presided over by EMC’s chairman, Y.I. Chang, and president, Eric... plus
Automating transport processes
Delo in Russia has implemented the first stage of the Itrans multimodal transport management information system at Transcontainer. The software enables the company to automate its operative processes in Eurasia. Now in commercial service, the system supports more than 700... plus
Dronamics appoints general manager Australia
Dronamics, the world’s first cargo drone airline, has appointed Gavin Gomes as general manager, Dronamics Australia and a member of the senior management team, effective 1 August 2023, as the company prepares to strengthen its presence in the Asia Pacific region. Gomes has a... plus
Japan's largest logistics park in the making
The 750,000 sqm ESR Kawanishi Distribution and Techno Park is poised to be the largest distribution hub in Japan. When completed, it will increase the supply of large, modern, and environmentally and worker-friendly logistics facilities, further strengthening Japan’s hub in the... plus