ONE now holds 28.7% of Poseidon 
Poseidon Acquisition Corp., an entity formed by certain affiliates of Fairfax Financial Holdings Limited, certain affiliates of the Washington Family, David Sokol, chairman of the board of Atlas, and Ocean Network Express (ONE) and certain of their respective affiliates, has... plus
EV Cargo boosts Chinese network
EV Cargo has expanded its air and sea freight office network in China with the recent opening of new branches in Shanghai, Ningbo and Qingdao, adding to its existing footprint in Shenzhen and Hong Kong. The development sees EV Cargo extend its global network of owned offices and... plus
Airbus FAL Tianjin delivers first A321neo
Airbus has delivered the first A321neo aircraft assembled at its Final Assembly Line Asia (FAL Tianjin) to China’s Juneyao Air in Tianjin, China. The aircraft is powered by Pratt & Whitney GTF engines and features 207 comfortable seats, eight in business and 199 in economy... plus
ATI: solid results for 2022
Asian Terminal Inc. (ATI) posted solid results for 2022 in terms of revenues, handling of teu and the transit of passengers in the international container ports of Manila and Batangas, in comparison to 2021. Revenues increased by 19.2% (PHP 13.62 billion) and 12.7% for... plus
Astral Aviation promotes Patricia Odida
Astral Aviation has appointed Patricia Odida as chief commercial officer (CCO), effective 1 April 2023. Her previous roles were head of cargo optimisation and pricing and revenue manager, in which she served with distinction for the last two years. Odida will assume her new... plus
Developing Vietnam's container port capacity
Netherlands-based APM Terminals has formed a strategic partnership with the Vietnamese company Hateco Group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City and thus boost the trade of goods between the north of Vietnam and European and... plus
VRR chooses Japanese distribution partner
VRR, a Rotterdam-headquartered designer and manufacturer of standard and custom ULDs, has extended its distribution channel through an agreement with Tamagawa Aero Systems, a Japanese provider of ground support equipment (GSE) and maintenance, repair, and overhaul (MRO) services... plus
AAL celebrating 25 years in China
AAL Shipping (AAL), a major player in the multipurpose project heavy lift shipping sector, is celebrating the 25th anniversary of the establishment of ‘AAL China’ this year. As China continues to see economic growth through its re-emergence from pandemic lock-down and its... plus
A tough year for KLN
2022 was a turbulent year for Kerry Logistics Network (KLN). Inflation, rising interest rates, overstocking, changes in consumers’ spending patterns and overcapacity all led to a sharp drop in global product demand and purchase orders in H2/2022, the company said. Despite... plus
ACCC: interim authorisation for Qantas and Emirates
ACCC has granted interim authorisation to enable Qantas Airways, Emirates and their related entities to continue coordinating their passenger and cargo transport operations while ACCC assesses their substantive application for authorisation. Qantas and Emirates have an... plus