International maritime research fund endorsed 
In December, the main players in the shipping industry ecided to create an International Maritime Research Fund - IMRF to the IMO (International Maritime Organisation). Among the participants are BIMCO, CLIA, Interferry, International Chamber of Shipping (ICS), Intercargo,... more
New regional structure at Leschaco
The Leschaco Group is reorganising its management structure. In the future, responsibilities for the various markets will be distributed at a regional level, central functions such as finance & controlling, corporate IT, safety & quality and corporate communications will... more
Joint efforts to expand intermodal network
Greenlog & Nothegger will cooperate in international intermodal traffic in order to provide intermodal services to connect Europe and Turkey with Iran, Georgia and the CIS, the companies said. Greenlog Intermodal has more than 30 years of experience in intermodal traffic and... more
Baltic's biggest cargo airport aims even higher
In 2019, Riga airport (RIX) handled 27,300 t of cargo, 44.5% of which were direct mail shipments. Last year, almost half of all air cargo in the Baltics was handled in the Latvian capital. For Ilona Līce, chairperson of the board, the development of the cargo segment is one... more
USD 500 million for logistics facilities in China
ESR, a large APAC focused logistics real estate platform, has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to establish a joint venture with a total equity commitment of USD 500 million. The joint venture, which marks ESR’s latest launch in... more
Signal Maritime and Heidmar join forces
Athens (Greece)-headquartered Signal Maritime Services and Heidmar have entered into a partnership agreement under which Signal will manage a joint tanker fleet. Signal Maritime Services is a commercial ship management company. Founded in 1984, Heidmar is one of the world’s... more
(No) more conversions in 2020
Acia Aero Leasing, which was established in early 2000 to provide aircraft leasing and management solutions to a wide spectrum of clients and end users, has just completed another large cargo door conversion of an ATR72-200, the first of five targeted conversion completions for... more
Americold appoints new CCO
Americold Realty Trust, a large publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced that Robert Chambers has joined the company as executive vice president and CCO. “We are excited to expand our executive... more
Russian Railways: export cargo volumes on the rise
Export cargo volumes shipped by the Russian Railways (RZD) to sea ports were 3.6% higher in 2019 than in 2018 and amounted to 308.8 million t. About 131.1 million t of cargo were shipped to north-western ports last year (+3.4% above 2018), 76 million t to southern ports (+1%),... more
Vos Logistics completes takeover of SNEL
The takeover of SNEL Shared Logistics by European Logistics Service Provider Vos Logistics has been completed. As a result of this acquisition Vos Logistics has one of the largest distribution networks in the Benelux with 65,000 sqm of storage and cross-dock facilities in the... more