CMA CGM tidies up its global portfolio
CMA CGM’s investment in Ceva Logistics, new technologies and fleet expansion measures have left their mark. CMA CGM has signed an agreement with China Merchants Port Holdings to sell, for USD 968 million, ten container terminals to Terminal Link, the two partners’ joint... plus
USD 500 million for logistics facilities in China
ESR, a large APAC focused logistics real estate platform, has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to establish a joint venture with a total equity commitment of USD 500 million. The joint venture, which marks ESR’s latest launch in... plus
Joint efforts to expand intermodal network
Greenlog & Nothegger will cooperate in international intermodal traffic in order to provide intermodal services to connect Europe and Turkey with Iran, Georgia and the CIS, the companies said. Greenlog Intermodal has more than 30 years of experience in intermodal traffic and... plus
Russian Railways: export cargo volumes on the rise
Export cargo volumes shipped by the Russian Railways (RZD) to sea ports were 3.6% higher in 2019 than in 2018 and amounted to 308.8 million t. About 131.1 million t of cargo were shipped to north-western ports last year (+3.4% above 2018), 76 million t to southern ports (+1%),... plus
(No) more conversions in 2020
Acia Aero Leasing, which was established in early 2000 to provide aircraft leasing and management solutions to a wide spectrum of clients and end users, has just completed another large cargo door conversion of an ATR72-200, the first of five targeted conversion completions for... plus
Kyrgyzstan has great potential along key corridors
Kyrgyzstan can tap into the benefits of its strategic location along key transport corridors between Europe and Asia. Fundamental for its success is the creation of a modern transport infrastructure network, according to a Unece study. Road haulage remains the focus of freight... plus
Central Indian airport adds logistics park
GMR Hyderabad Aerotropolis Limited, a subsidiary of GMR Hyderabad International Airport, has formed a joint venture with ESR Hyderabad 1, a subsidiary of Hong Kong-headquartered ESR Cayman Limited, to develop a 268,000 sqm logistics and industrial park at Hyderabad airport city.... plus
DHL Supply Chain signs contract with Nestlé
Nestlé has appointed DHL Supply Chain to manage warehousing operations for its food products in Myanmar, which include household brands such as Coffee mate, Milo and Nescafé. Total operations for Nestlé products span 4,000 sqm, accounting for more than 60% of the total cargo... plus
Joint development project for CSSC and Wärtsilä
The technology group Wärtsilä has signed a development agreement with the Chinese state-owned shipbuilder CSSC Huangpu Wenchong Shipbuilding Company. The five year agreement is aimed at developing a hybrid powered dredger, but could possibly extend to other hybrid vessels as... plus
Quality service centre in Indian Ocean market
Hapag-Lloyd has opened a new Quality Service Centre (QSC) in Mauritius. The QSC is dedicated to serve Africa, one of the Hamburg (Germany)-headquartered carrier's fastest growing markets. These QCS are an important cornerstone of Hapag-Lloyd´s strategy 2023. They combine... plus