Ship financing steady - so far 
The Petrofin index for global ship financing has registered its first rise in eleven years according to its report which was published in mid-September. This index was established in 2008 with a reference value of 100 points. After falling to its historical low in 2020 with... plus
Great works in the Port of Shanghai 
A challenging project: the Port of Shanghai is investing 55 billion renminbi (about EUR 8 billion) in a new container terminal, Chinese media reported. The expansion is expected to amplify annual handling capacity to 60 million teu. The Shanghai Port Group also recently... plus
Intra-city fleet in India to become green
DHL Supply Chain (DHL) will be investing EUR 500 million in its Indian business over the next five years. With this investment, the company is planning to own and operate wholly owned large multi-client sites in India, adding 1.1 million sqm of warehousing space to the group’s... plus
Extending partnership in Japan
Swissport and Hong Kong Airlines are extending their long-standing partnership in Japan until 2025. The cooperation covers services at Kansai Airport near Osaka and at Tokyo’s Narita International Airport. Swissport Japan has been providing airport ground services and air cargo... plus
Indo-German partnership sealed
Germany’s Quantron and India’s ETO Motors have decided to cooperate in both the Indian and European markets. The companies have signed an agreement to this effect. ETO will support Quantron in design and development to bring ETO three-wheelers to the European market. In... plus
Marine biofuel bunkering ship-to-ship a success
It's a first-timer: Total Energies Marine Fuels has completed the refuelling of a CMA CGM containership in Singapore with sustainable marine biofuel. The 4,300 teu “CMA CGM Montoir” was bunkered via ship-to-ship. The biofuel is made of Vlsfo (very low sulphur fuel oil)... plus
China Airlines and AFI KLM E&M extend GE90 contract
AFI KLM E&M and China Airlines have signed an extension to their engine support agreement, which will now cover the GE90 engines powering four additional Boeing 777 freighters operated by the airline. The initial contract dates back to June 2021, which established an... plus
Air and sea marriage sealed with a kiss
Atlas Air Worldwide's affiliate Atlas Air and MSC Mediterranean Shipping Company recently inked an agreement that enables MSC to expand its reach and capacity for its customers. Under the terms of the long-term ACMI (aircraft, crew, maintenance, and insurance) agreement,... plus
Geodis sees clouds on the horizon
Geodis, the forwarding branch of the French state-owned railway SNCF, is witnessing a decline in Asia-Europe trade. While H1/2022 ended well with an operating profit surging by 53% and revenues going up by 34% compared to the same period last year, Q2/2022 results already... plus
IRU promotes Vincent Erard
IRU secretary general Umberto de Pretto has appointed Vincent Erard to the newly created position of senior director, strategy and development of IRU, the world road transport organisation. Erard joined IRU in 2016 as head of finance, where he revamped financial and budget... plus