To Russia with love
It is Maersk's first time in Russia. The Danish carrier's logistics arm has opened an inland container depot in Southern Russia. It is located 10 km from the port Novorossiysk, the largest port on the Black Sea. The site is connected by rail and highways to major industrial... plus
Cargo fuels ACS' record results
Aircraft charter broker Air Charter Service (ACS), has achieved record results with sales in excess of USD 1.2 billion (in its financial year ending January 2021). The Covid-19 pandemic presented a unique set of logistical challenges for many organisations and individuals,... plus
Locomotives to use more biodiesel
In the USA, Union Pacific (UP) locomotives will be getting a boost of biodiesel fuel. Progress Rail, a Caterpillar company, has approved the use of up to 20% biodiesel blend in specific EMD locomotive series operated by the US class I railroad. Previously, the locomotives were... plus
Helping to fight wildfires in Greece
Chapman Freeborn Australia has chartered an AN-124 to transport four Bell 214B helicopters from Australia to Athens to help fighting wildfires in Greece. The fires have been spreading throughout the Euboea, Peloponnese and Attica regions since the start of August, with over... plus
UAE steel coils to be transported by rail
Etihad Rail in the UAE has signed a partnership agreement with Al Ghurair Iron & Steel (AGIS), the UAE’s largest producer of galvanised and cold rolled flat steel. Under the agreement, Etihad Rail will transport steel products from AGIS’s manufacturing facilities through... plus
Gulf Air expands renewed IT partnership
Gulf Air, the national carrier of the Kingdom of Bahrain, has signed a multi-year agreement to expand its cooperation with Champ Cargosystem's flagship "Cargospot" suite – which includes Cargospot airline, handling and revenue accounting. The carrier - and customer... plus
Pall-Ex strengthens international business unit
Pall-Ex continues to drive its brand on a global scale: The pallet shipping network has appointed Karolina Thompson as its new director for international development. The goal is to further promote master licensees across the globe. Thompson, who has been with the company... plus
Run on newbuilds continues
The next tsunami of new vessels is on the horizon. Industry service Alphaliner reports a run on newbuilds in H1/2021 by shipping lines, non-operating owners, investment banks and lessors alike. In fact, orders for about 300 vessel to be built at wharfs in China, South Korea and... plus
An acquisition in Japan
M&G Real Estate Asia (M&G) has acquired a stake in the Singapore-based joint venture which owns the ESR Yatomi Distribution Centre (ESR Yatomi DC) in Japan on behalf of M&G Asia Property Fund. The ESR Cayman Limited (ESR)'s APAC core direct real estate fund has... plus
Titan Aviation picks SVP and CCO
Titan Aviation Holdings, an affiliate of Atlas Air Worldwide headquartered in New York, appointed Eamonn Forbes as senior vice president and chief commercial officer purchase, effective 23 August 2021. Forbes, who will be in charge of all sales and marketing activities for... plus