ESR raises one billion dollars 
ESR, a major APAC focused logistics real estate platform, has upsized its first sustainability-linked loan (SLL) to USD 1 billion after its first close in early November 2021. Taking its inaugural step into sustainable financing, the group announced that it had secured its... plus
Barcelona's innovation plan adopted
The Port of Barcelona’s management board has validated the port's innovation plan. The ultimate objectives of this roadmap, which includes the proposals set out in the Port of Barcelona’s fourth strategic plan, are to strengthen the role of the port as a driver for economic... plus
Quantron beefs up competence team
Quantron, a system provider of battery- and hydrogen-powered e-mobility, has appointed five new senior specialists (from left to right): Alexander Stucke, head of tender management & product management bus, Uwe Hansult, Jochen Bauer, head of connected drive & digital... plus
Region's first shellfish farm contracts Emirates
The first shellfish farm to be established in the Middle East region (2016), Dibba Bay Oysters in Fujairah, is exporting 50% of its produce - currently around 200,000 oysters every month - with Emirates Skycargo to Russia. Nabil Sultan, Emirates divisional SVP, cargo:... plus
Contract logistics for wind turbines
Danish Vestas, a provider of sustainable energy that specialises in the manufacture, installation and servicing of wind turbines, has hired Hellmann Worldwide for its contract logistics operations. Under the agreement, the Germany-headquartered company has taken over the... plus
Upgrade for rail line in South Dakota
The US department of transportation has awarded a grant of USD 22 million for the South Dakota freight capacity expansion project, which will complete upgrades to 260 km of main line on the Rapid City, Pierre & Eastern Railroad (RCP&E), from Fort Pierre to Rapid City.... plus
CMA CGM: another big investment
CMA CGM has contracted the South Korean Hyundai Mipo Dockyard (HMD to build a series of ten 2,000 teu ice-class vessels. The vessels will run on dual-fuel engines and can therefore rely on liquefied natural gas. The order was said to be worth a specific USD 627 million.... plus
Record quarter for Air Charter Service
Air Charter Service has recorded its busiest ever quarter for its cargo division, with 1,445 cargo charters in the period August to October. This, combined with its other divisions, resulted in the highest ever revenue for the company in one quarter – a total of GBP 321.1... plus
"Curiosity of the Day" 
Moles have to eat at least half their body weight in food every day. If they do not eat for a day, they die. plus
First hybrid LNG battery PCTC enters service
A dual-fuel LNG battery hybrid PCTC, a technological innovation, has entered service for UECC. The maritime car carrier company took delivery of the vessel, to be named “Auto Advance”, being the first in a series of three newbuild pure car and truck carriers (PCTC) and measuring... plus