PSA keeping the balance in 2022
Singapore-headquartered PSA International (PSA) has reported its results for 2022. In total, the Group handled container volumes of 90.9 million teu globally. Compared to 2021, the group’s volume decreased by 0.7%. The flagship PSA Singapore contributed 37 million teu (-0.7%),... plus
Another way of Californication
The Japanese container shipping company Ocean Network Express (ONE), headquartered in Singapore, has signed agreements to acquire a 51% stake in two terminals on the US West Coast - Tra Pac and Yusen Terminals (YTI). MOL and NYK as well as Macquarie Infrastructure Partners... plus
Stepping into Vietnam
The Hong Kong-headquartered ESR Group has invested in an equity stake of the BW Industrial Development Joint Stock Company, by the way of an affiliate. This investment was part of BW’s larger primary capital raise of up to approximately USD 450 million that includes other... plus
Chapman Freeborn boosts regional management team
Chapman Freeborn has appointed four new executives to head up its regional divisions as the global air charter specialist prepares to celebrate its 50th anniversary in 2023. Andy Hudson (fltr) is now regional CEO, APAC; Reto Hunziker is regional director, Europe; David... plus
The Alliance and the Atlantic
Falling volumes are causing problems in the deployment of ultra large container ships (ULCS). The Alliance is now focusing on Asia and Northern Europe. In its estimation, the Asia-Northern Europe trade is regaining in importance. Hapag-Lloyd, ONE, HMM and Yang Ming have thus... plus
DHL launches a second connection in Laos
DHL Express expanded its footprint in Laos. Located in Xaysettha District in the county’s capital city Vientiane, the new service point will enable customers to send and collect shipments to and from destinations outside Laos. This is the second service point opened within one... plus
For a change in East Africa
A feeder service was recently enhanced in East Africa. The French line CMA CGM announced that it has deployed more capacity on its feeder service connecting Kenya to the island of Zanzibar (Tanzania) A second vessel, the ‘Onego Bora’, which is solely operated by CMA CGM, has... plus
Zoom sur le corridor du milieu
Entretien avec Nikolaus Kohler, regional manager Moyen-Orient et Asie centrale de Militzer & Münch. Le corridor du milieu est sur toutes les lèvres. Les difficultés sur ces routes ne cessent pourtant pas: toutes les voies de transport ne sont pas aménagées et il faut en outre... plus
Nicole, l’invitée surprise
L’optimiste l’emporte à Tiaca ACF 2022, sur les nuages assombrissant le ciel du fret aérien. Quatre ans après la dernière édition à Toronto (cf. ITJ 45-46/2018, pages 18-19), l’Association mondiale du fret aérien a de nouveau organisé l’Air Cargo Forum. Le nombre nettement accru... plus
Miser sur l’Afrique de l’Est
Nouvelle liaison entre l’Inde, les EAU, le Kenya et la Tanzanie. Le regard tourné vers la croissance de 8% prévue pour l’économie est-africaine, trois armements vont coopérer dans le cadre d’un service commun. Ce dernier reliera l’Inde et les Émirats Arabes Unis au Kenya et à la... plus