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
Joint effort to ship agricultural goods by rail
The heads of Russian Railways (RZD) and Kazakhstan Railways (KTZ) have signed a memorandum of cooperation to organise the transport of agricultural products by rail. The Agroexpress service specialises in expedited deliveries of agro-industrial and food products in container... plus
Spanish chicken flying to Russia
Volga-Dnepr Group member Atran Airlines has accomplished its first European live-animal transportation from Spain to Russia. A charter flight of one of the express carrier's Boeing 737-800BCF has delivered 533 boxes containing 42,640 one-day-old chicks, weighing over 2,200 kg,... plus
Records also for OOIL
The first six months of 2021 were good to the Hong Kong-based Orient Overseas (International) (OOIL), a Cosco affiliate and the holding company of the liner Orient Overseas Container Line (OOCL). Profit in H1/2021 amounted to USD 2.8 billion, the group's best result so far.... plus
New warehouse close to Vienna
The construction of a new logistics facility in Austria's Burgenland is now underway. The property with 31,500 sqm of hall space is being built in the Müllendorf Business Park, 55 km south of Vienna. The new building is scheduled for completion in Q1/2022. The Hamburg-based... plus
Driving global diversity, equity and inclusion
BDP International, headquartered in Philadelphia, has named Nina Olatoke VP, global diversity, equity and inclusion (DEI). She will maintain her current role as VP, human resources for the Europe, Middle East and Africa regions of the privately-held global logistics and... plus
From candies to Covid-19 vaccines
Delta Cargo is marking its 75th anniversary this month, tracing its humble beginnings from a shipment of 90 kg of freshly picked mushrooms loaded aboard a DC-3 destined for Atlanta. That first week of operation in 1946, the airline carried a little bit of everything to... plus
Expanding circus fleet
Renault recently delivered three T 4x2 tractor units to the Swiss Circus Knie. The vehicles are the third batch of Renault trucks to expand Swiss national circus' fleet since it started its tour this year. The trucks will be used for long distance transports with caravans... plus