Russian timber for the Far East 
Fesco Transportation Group and RFP Group have formed a partnership to organise export shipments of sawn timber and veneer sheets of the timber holding to Japan, China and the Republic of Korea. The agreement was signed by German Maslov, vice president, linear & logistics... plus
Dhaka–Sylhet corridor goes ahead
The Asian Development Bank (ADB) has approved a USD 1.78 billion multi-tranche financing facility to improve mobility, road safety and regional trade along the Dhaka–Sylhet trade corridor in Bangladesh. The Dhaka–Sylhet corridor, once completed, will support a new trade... plus
Watco wins cattle transport contract
After a competitive procurement process, Watco East West has been given the mandate to operate cattle rail transport services in Australia from 2022 to 2028. The contract with the government in Queensland includes the transport of herds of cattle from regional hubs in... plus
Hill Dickinson enhances arbitration expertise
Hill Dickinson has consolidated its position at the centre of international arbitration and dispute resolution in the Far East by appointing Edward Liu to the Hong Kong department of justice’s advisory body on third party funding of arbitration and mediation. This makes... plus
Big deal over China Logistics
The real estate affiliate of the major e-commerce player JD.com has purchased a controlling stake in the Hong Kong-listed China Logistics Property Holdings (CNLP) with a portfolio of 65 distribution centres and logistics parks. The 26.38% stake in the company currently belongs... plus
More units for OOCL
Orient Overseas Container Line (OOCL), an affiliate of Cosco, has ordered ten vessels with a capacity of 16,000 teu each, a USD 1.5 billion investment. Delivery is expected from Q4/2024 till the end of 2025. OOCL recently referred to the current mega trends in the shipping... plus
Geodis: AEO certification in Hong Kong
Geodis' Hong Kong division has been accredited as an authorised economic operator (AEO) by Hong Kong's customs and excise department. Christopher Cahill, managing director, North Asia sub-region: "This initiative affirms our continuous efforts to reinforce the... plus
Fast weekly rail service
MSC is launching a new, direct rail service connecting Trieste, Italy and Ludwigshafen, Germany, available from 10 September 2021. The service will improve rail capacity and reduce transit times between Turkey and Germany to 12 days. Trains will run once a week and depart... plus
Contract for very large gas carrier
Another very large gas carrier is on its way: Kawasaki Kisen Kaisha/K Line has placed an order for its first LPG fuelled LPG/Ammonia carrier with Kawasaki Heavy Industries. If everything goes to plan, the newbuild, which will have an approximate tank capacity of 86,700 cbm, will... plus
BLR breaks three records in August
Under challenging circumstances, Kempegowda International Airport, Bengaluru (BLR) processed 37,319 t of cargo in August, the highest ever since the airport commenced operations in 2008. International cargo continued to drive growth, accounting for 24,304 t, also the highest... plus