Dutch airport operator expands Down Under
Already familiar with the Australian market through its participation in Brisbane airport, Royal Schiphol Group and the Australian institutional investment managers QIC have won the bid for a 70% stake in Hobart International Airport (HBA). Both consortium partners will acquire... plus
La Salle acquires facility in South Korea
La Salle Investment Management has completed the acquisition and leasing of Logiport West Anseong located in Anseong City, South Korea. The project’s gross floor area is 46,800 sqm and the construction was finished in December 2018. Steve Hyung Kim, La Salle Investment... plus
Non-tariff measures affect trade in APAC
Unctad's Asia-Pacific Trade and Investment Report 2019 was recently published in Geneva (Switzerland). The report finds that, while applied tariffs in the Asia-Pacific region have halved over the past two decades, the number of non-tariff measures (NTMs) rose significantly, now... plus
Introducing more Asia - Europe routes
Effective immediately and in addition to its existing routes from major Asia Pacific markets, Fedex is expanding the destinations of its international economy service to cover Bulgaria, Malta and Cyprus and its international economy freight service to Romania and Estonia,... plus
Temperature-controlled ULD specialist expands in Asia
Vaqtec, a pioneer in highly efficient products and solutions in thermal insulation, is strengthening its position on the Chinese market. The German company offers Chinese clients a comprehensive portfolio of safe, cost-efficient and green temperature controlled packaging... plus
NAM enhances links between Liege and Africa
London (UK)-based and Africa-focused Network Airline Management (NAM) and Liege airport (LGG) will extend their relationship for a further three years, cementing cargo operations at the airport in the East of Belgium for the foreseeable future. Since NAM moved their... plus
China pushing the LNG market, says VV
The research and data mining company Vessels Value (VV) recently released an analysis on the LNG market. Head cargo analyst Olivia Watkins evaluates recent developments and trends in this sector focusing on seaborne demand for LNG transportation with an emphasis on China.... plus
Maiden call in Emden
After loading a portion of project and break bulk cargo, amongst those a gas turbine of 330 t unit weight, in Hamburg (Germany), the M/V “Paderewski” proceeded along the coast to Emden (Lower Saxony) for its maiden call. The plan was make a quick stop to load 38 pcs / 538 t /... plus
Fedex returns films competing in South Korea
Fedex Express (Fedex) provided logistical support to the 24th Busan international film festival (BIFF) which concluded this week-end. As the official carrier, Fedex was responsible for inbound and outbound shipments and customs clearance of more than 300 films from 85 countries.... plus
Cuba upgrades 1,000 km of its rail line
RZD International and the Union of Railways of Cuba have signed a contract for the reconstruction and modernisation of railway infrastructure in Cuba. The contract stipulates the upgrade of more than 1,000 km of railway lines, the installation of new signalling systems at... plus