ITJ Video News – 11 February 2021
In the ITJ Video News of 11 February 2021, editor-in-chief Chris Doepgen looks at reports that professionals are sceptical about an early recovery in the industry; the repurposing of Kenya Airways’ Boeing B787 cabins for cargo transport; the appointment of Todd Rives as... more
First direct cargo link between Baku and Tokyo
Two months after celebrating the third anniversary of its operations to Osaka, Silk Way West Airlines is starting another service to Japan, with twice-weekly flights between Baku and Tokyo NRT, taking off today, 11 February 2021. Based on an agreement signed between Silk Way... more
Regular car-trains from Chongqing to Moscow
Russian transport company Fesco has sent the first container loaded with cars from Chongqing (China) to the Bely Rast Terminal and Logistics Centre near Moscow (Russia) via Mongolia. The route goes through the Chinese-Mongolian-Russian border checkpoints of... more
DB Cargo UK in port of Southampton
Associated British Ports (ABP) has invested GBP 300,000 (EUR 342,000) in a new rail service at the port of Southampton. This is the first automotive service to operate in the Western Docks, as ABP expands its rail offer at the port to include both the Eastern and Western... more
Chinese companies plan big takeover
SF (Shun Feng) Holding, which is listed on the Shenzen stock exchange, is offering to buy a 51.5% stake in Kerry Logistics Network, Hong Kong. The cash offer involves more than 931 million shares costing HKD 18.80 (USD 0.56) per share. In conjunction with the offer, Kerry... more
Double-digit growth for Hong Kong
In January 2021, cargo throughput at Hong Kong International Airport (HKIA) saw year-on-year growth of 14.1% to 409,000 t, while freighter movements surged 37.2% to 6,055 from 4,413 compared with the same month last year. Cargo imports and exports at HKIA experienced significant... more
Strengthening Asia region team
Columbia Shipmanagement (CSM), a global ship manager and maritime service provider founded in Cyprus, has appointed Demetris Chrysostomou as managing director of its Asia region. As a part of CSM’s growth ambition, he will work from the office in Singapore, having responsibility... more
Alternative units for open seas
Given the limited space in a tight sea freight market from China to Europe, Geodis has launched a number of services with alternative units. The first, a 1,000 teu capacity vessel, is scheduled to arrive in Hamburg on 28 February. This ship is carrying a total of 435 feu for... more
A vessel ahead of schedule
Yang Ming, a member of The Alliance, took delivery of another 11,000 teu new chartered vessel ‘YM Target’ this month. With the support from the ship owner, ‘YM Target’ has joined Yang Ming’s global fleet nearly three months ahead of schedule. The vessel will be deployed on The... more
Handling unit trains with 100+ railcars
The US Victoria county navigation district, owner and operator of the port of Victoria, has secured a USD 6 million grant through the economic development administration (EDA) for a proposed rail expansion project. This grant, which requires a 50% match from the port, will... more