HGK banks on continuity
Steffen Bauer has been at the helm of inland navigation company HGK Shipping, which is part of the Stadtwerke Köln Group, since August 2020. His contract as CEO has now been extended. Bauer served as head of the Imperial Shipping Group for several years before it was taken over... more
How sustainable is Hapag-Lloyd?
In 2020, Hapag-Lloyd’s fleet was using IMO 2020-compliant low-sulphur fuel oil, thereby reducing its sulphur-oxide emissions by roughly 70% compared to 2019. This can be deduced from Hapag-Lloyd's latest sustainability report. In addition, fuel savings of around 15% were... more
New partner for China-France e-commerce
Following the 2019 launch of DPD China under the Lenton Group umbrella and benefiting from the rollout of multimodal services between China and Europe, Lenton Group is implementing additional logistics solutions to strengthen its connections with the DPD Group network in Europe.... more
Oxygen train helps combat Covid-19
Indian Railway is running “Oxygen Express” trains to support the fight against Covid-19. Oxygen Expresses with Liquid Medical Oxygen (LMO) tankers have already arrived at Nashik & at Lucknow for the states of Maharashtra and Uttar Pradesh, respectively. A few containers were... more
Silk Way West wins award in South Korea
During its fifth annual award ceremony, South Korea's Incheon Airport (ICN), one of the world’s biggest air cargo hubs (see upcoming ITJ 19-20/2021, "Aviation supplement", p. 13) honoured Silk Way West Airlines with the prestigious 'cargo airline of the year 2020'... more
Toll's Express brand to stay for two years
Toll Group is selling its global express business to Australian Allegro Funds, a private equity firm. The global express business provides express parcel, freight delivery and domestic forwarding services in Australia, and transport and contract logistics services in New... more
Big takeover in South Africa
Kuwait-based National Aviation Services (NAS), Colossal Africa and a consortium comprised of the current executive management team have signed an agreement to acquire Bidair Services from the Bidvest Group. The closing of the acquisition is subject to fulfilling final... more
OOCL doubles revenues in Q1/2021
Hong Kong-based container shipping company OOCL, an affiliate of OOIL whose shares have been held by Cosco (90.1%) since 2018, started strongly in Q1/2021. Total volumes surged by 23.8% in comparison to the same period last year. In Q1/2020, barely 1.6 million teu were... more
Digitalisation in Central Asia goes ahead
The digitisation of transport services is proceeding apace in Central Asia, with successful eTIR pilots between Kazakhstan and Uzbekistan in 2020. The International Road Union (IRU) is now working with the Asian Development Bank (ADB) to facilitate trade with greater... more
Promoting belly cargo in Baltics
Air Baltic and Riga Airport (RIX) have signed a land reservation agreement for building a new Baltic cargo hub at the Latvian capital’s airport. Covering 6,000 sqm, the terminal will be the largest dedicated air cargo handling facility in the region. Construction is planned... more