UK P&I Club welcomes William Beveridge 
UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has appointed William Beveridge as chief underwriting officer, effective 17 September 2022. Reporting to CEO Andrew Taylor, Beveridge will oversee all the club’s... plus
CMA CGM takes energy precautions
The CMA CGM Group has announced that it is creating a special fund for energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund is structured around four lines of focus: firstly, developing and... plus
European hinterland network grows
The container shipping company Ocean Network Express (ONE) has expanded its extensive green rail transport network. In addition to its eco-friendly rail services via Germany’s northern seaports of Hamburg and Bremerhaven to many European hinterland terminals, ONE recently... plus
Yang Ming keeps fleet size up
Keelung-headquartered carrier Yang Ming decided to extend its charter on five Seaspan neo-panamax containerships. They belong to the Hong Kong-based company Seaspan. The Taiwanese shipping group has announced an option on Seaspan's five 14,000 teu units. Currently, Yang Ming... plus
First Code E aircraft for Aeroplex
The first wide-body aircraft - an Airbus A330 freighter - has arrived for C-Check in the new hangar of the Hungarian company Aeroplex at Ferenc Liszt International Airport, Budapest. Aeroplex’s new 8,200 sqm hangar, which was handed over in March 2022, received its largest... plus
CST makes progress in Basel
Following the entry into force of the "Underground Freight Transport Act", Cargo Sous Terrain (CST) has now adapted its corporate structure to prepare the realisation of CST. With a lean board of directors, secured financing and an expanded implementation team, CST... plus
Stef: 23% increase in turnover in H1/2022
The French Group Stef achieved a turnover of more than EUR 2 billion in H1/2022, a growth rate of around 23%. Amongst others, the refrigeration transport company recorded capital gains from asset disposals totalling EUR 10 million. In France, the fresh segment experienced... plus
Textile sharing specialist banks on H2 transports
Mewa is preparing the first 4x2 hydrogen electric truck for use in the north of Germany, after the company already has two Hyundai Xcient Fuel Cell in operation in Switzerland. The truck was handed over to the specialist GK Grünenfelder for assembly last week. It is to be... plus
Safeen spreads its wings
Safeen Feeders, Abu Dhabi Ports' (AD Ports) affiliate, and CMA CGM have jointly launched the Singapore Chennai Colombo (SCC) service which started in early September in Singapore. While Safeen will deploy the 2,000 teu unit “Safeen Pioneer” on this route, CMA CGM's 1,700 teu... plus
How to push furniture expansion worldwide
Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer. The aim of the agreement is to reduce waiting times for orders to one to two months, approximately three times less than the industry average of three to six months. As Castlery expands... plus