MOL banks on hybrid bonds 
Japanese shipping company MOL has submitted an amended version of the shelf-registration statement regarding the issuance of publicly offered hybrid corporate bonds (no collateral and subordinated corporate bonds) to the director-general of the Kanto Local Finance Bureau.In... plus
Air Tanzania finally to serve Southern China
Despite the difficult health situation worldwide, East African state carrier Air Tanzania plans to launch its service to Guangzhou in southern China tomorrow, 20 March 2021. It was originally scheduled to begin last September. The weekly outbound B787-8 flight will operate on... plus
Four seafarers rescued
Four Indian seafarers who spent two years stranded on a ship in Mumbai (India) in horrific conditions have finally gone home, thanks to help from Sailors’ Society. As they stopped receiving their salaries three months ago, the men were not given shore passes or signed... plus
Delivering vital vaccines from India to Egypt
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, and global supply chain company EFL (Expolanka Freight) have carried a vital consignment of vaccines from India, the world's largest manufacturer of vaccines according to WHO, to Egypt. Leveraging Etihad... plus
KWE's new facility learns how to fly
The Malaysian affiliate of Japanese Kintetsu World Express (KWE) has started operations at the new warehouse in the Free Commercial Zone (FCZ) of Penang Airport, Malaysia. This follows a new warehouse which opened 3 km from Shanghai Pudong Airport in August 2020. Penang is... plus
Valenciaport started well in 2021
A good start for Valenciaport in January and February this year: The port handled 13,5 million t of goods and more than 917,000 teu, an increase of 5.89% and 3.53%, respectively, compared to the same period in 2020. The increase in traffic contrasts with the number of ships... plus
Licence to build Kazakhstan’s rail infrastructure
Sinara - Transport Machines (STM) has created a new subsidiary, STM Kazakhstan, as a joint venture with Kazakh Eurotrans Group, whereby STM will hold a share of 75 % and its partner 25%. The JV has all the necessary licenses and permits to operate on the territory of Kazakhstan... plus
Duisport and Singapore JV invest in China
Multimodal Investments (MIPL) is the name of the new Singapore-based joint venture company that was jointly established by PSA Northeast Asia Supply Chain, a subsidiary of PSA International, and multimodal Duisburger Hafen AG (Duisport). The JV will invest in multimodal... plus
Dachser bypasses congestion in US ports 
In response to the congestion in the ports on the US West Coast that has been increasing since February this year, Dachser has launched a LCL expedited service connecting China to the USA with a cut on dwell time. Providing much-needed reliability with fixed weekly schedules... plus
B&H Worldwide strengthens leadership team Asia
Aerospace logistics provider B&H Worldwide, founded in UK in 1988, is further expanding its leadership team in the Asia region with the hire of Eddie Chan as business development manager, Asia. From the company’s office in Hong Kong, he will report directly to Michael... plus