An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... plus
“Re-setting” Europe–Australia air cargo routes
Consol Alliance, an Australian wholesaler founded in 2011, and the recently-formed airfreight consolidator Wholesale-by-Vels, have entered into a strategic partnership to develop trade air cargo business on the Europe-Australia route.Initially, the alliance will operate weekly,... plus
Vaccines from Belgium distributed in South Korea
Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain storage, were packed in Belgium for their journey, and... plus
Kirchgeorg takes the reins
Siemens Digital Logistics has hired Volker Kirchgeorg as CEO, starting in March. Kirchgeorg, an experienced technology sector manager, has joined the IT provider for global supply chain management as a specialist in the digital transformation of logistics processes.Kirchgeorg... plus
Sweden turning from land to sea
The Swedish government wants to drive the ecological transformation in the country further. Shipping companies are eligible to apply for an environmental compensation bonus to transition from overland to maritime transport. It was revealed at the end of February that three of... plus
Five o’clock at Walker’s
The Real Tea Company is outsourcing its logistics. The English firm, which has specialised in purchasing and distributing tea since 2004, has outsourced responsibility for the management of its B2B and new B2C supply chains to Berkshire-based Walker Logistics.As online sales to... plus
Hong Kong airport as double hub
Last weekend Hong Kong airport cooperated with government departments and business partners to handle the first batch of Comirnaty Covid-19 vaccines flown from Frankfurt to Hong Kong. The hub also transhipped a batch to Macao across the Hong Kong-Zhuhai-Macao Bridge.The Cathay... plus
Foodstuffs logistician modernising fleet
The vehicle rental enterprise Fraikin is receiving 30 units (D18/D14 Wides) and six tractors (T480s) from Renault Trucks in Q1 of this year.Fraikin, which is headquartered in Echandens in western Switzerland, will operate the trucks under its fleet management scheme, but lease... plus
Loxxess ready for more hazmat logistics
The logistics and fulfilment service provider Loxxess is expanding its capacities in the field of hazardous materials logistics. The firm, based in Tegernsee in Bavaria (Germany), has thus responded to the reorganisation of production processes for key goods in the pandemic,... plus
Hamburg Süd sells entity
Hamburg Süd is continuing to focus its business on its container transport and logistics activities, in line with the Maersk’s policy. Thus the London-based ATPI Group, which offers corporate travel management services, has now taken over the line’s travel agency subsidiary... plus