More money for number one
Airport Authority Hong Kong (AAHK), whose current projects include Airport City, a three-runway system expansion and air cargo developments, has welcomed the various measures announced by the financial secretary in his 2024/25 budget to reinforce Hong Kong International... more
Ankara's rail hub: links to all Turkish ports
Ankara’s intermodal terminal Baskent, Turkey, has opened its first rail line and a 700 m platform. It is operated by the Ankara Baskent organised industrial zone and Eti Logistics under the umbrella of Yilport Holding and recently processed its first train. The hub is... more
A strategic partnership for cargo handling
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has signed a strategic partnership agreement with Worldwide Flight Services (WFS), a member of the Sats Group, for cargo handling services at twelve major international airports in Europe, Scandinavia, North America,... more
More space to tranship rail cargo at Vladivostok
Fesco has accelerated the handling of container trains at the universal terminal at the port of Vladivostok in Russia’s Far East by 36% to 3 hours 40 minutes, thanks to the commissioning of a new facility. Fully equipped to transfer containers between ships and trains, this... more
Combining forces on roads in Asia Pacific
Kuehne + Nagel has entered into an agreement to acquire City Zone Express. Established in 2006 and headquartered in Malaysia, the company has over 500 employees and operates 260 vehicles and 80,000 sqm of warehousing space in Malaysia, Singapore, Vietnam, Thailand, and China.... more
Icao: forecasts for 2024
In its latest press release, Icao forecasts that global demand expressed in freight tonne kilometres (FTK) will be around 2% below 2019 levels for the full year 2024. It bases this projected decline mainly on anticipated reductions in demand due to a weak economic climate... more
MOL's plastic recycling trial
MOL and Idemitsu Kosan are launching a demonstration test to recycle used plastic waste generated on a very large crude carrier (VLCC). The test, conducted on the VLCC “Suzukasan” chartered by Idemitsu Tanker Co., will use the waste plastic as raw material to produce oil through... more
Study for an e-fuel supply chain
MOL, Itochu, HIF, and JFE Steel have partnered to explore the feasibility of a comprehensive supply chain for synthetic fuel and CO2 marine transport using green hydrogen. The study will first examine the use of e-fuel at JFE Steel and then cover CO2 capture in Japan, its... more
A Kiwi cold chain hub
Maersk has opened a new cold chain site at the Ruakura Superhub, its biggest infrastructure investment in New Zealand to date. Valued at NZD 140—150 million and built for multimodal activities, the 18,000 sqm cold chain facility will connect Maersk to key points for freight... more
Encouraging results for sustainability efforts
The International Air Cargo Association (Tiaca) has conducted its fourth industry survey involving supply chain partners from across the globe and from each industry sector and business size. The results have been analysed, compared to previous reports and published as the... more