New CCO at GATX Rail Europe
GATX Rail Europe, headquartered in Vienna, Austria, the European branch of an USA-based leasing company for rail vehicles, has appointed Jörg Nowaczyk as new CCO, effective 1 July 2021. He will report directly to current CEO Johann Feindert. Nowaczyk brings rail logistics... more
Sale-lease-back for two Air France B777F
Funds managed by affiliates of Apollo Global Management and Merx Aviation, a global aircraft leasing, management and finance company, have completed a sale and leaseback transaction with Air France which comprises two B777F. The aircraft, manufactured in 2009, were acquired... more
More inland navigation on the Elbe
In Germany, promoting the shift of cargo from road haulage to other modes of transport, including inland waterways, continues to be an important political issue. In central Germany, favourable water levels recently ensured a significant increase in large shipments on the... more
Mixed picture for Hoyer Group
The Hamburg-based Hoyer Group, which operates worldwide for the chemical, petroleum, gas and foodstuffs industries, has reported stable figures for 2020. Turnover declined by 1% to EUR 1.12 billion (2019: EUR 1.18 billion). While the equity ratio rose slightly to 44.5%... more
Dronamics appoints chief product officer
Dronamics, a London (UK)-based developer and operator of large cargo drones, has named Roger Morris as its new chief product officer, a new senior management team position, which oversees all customer and product activities in the business. Joining from Flash Forward... more
Race for containers continues
It is the time of major coups: Hapag-Lloyd has ordered 60,000 teu of standard containers from China. The Hamburg-based shipping company has decided to push its container fleet to a total of 210,000 teu, while the sharp increase in demand has led to a shortage of boxes across the... more
More A330 freighters for Mexican carrier
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has reached an agreement with Mexico-based Mas Air Cargo Airline for the lease of two A330-300 passenger-to-freighter (P2F) aircraft, marking the lessor’s first-ever lease transaction with... more
Big step towards zero-emission fleet
Kingspan has begun a global transition programme with charging stations being installed at multiple manufacturing sites in Ireland and UK. The construction material company has set a goal of operating zero-emission cars by 2025. For this purpose, EV Box Group, a provider of... more
Laso transports for wind energy park
In Portugal, Laso Transportes has won the contract for the Sincelo wind farm project. It was launched at the beginning of 2021 and includes transporting 22 machines, or about 220 transports in total. The future Argomil-Mouro Wind Farm is located in a border area between the... more