Technical upgrades for Sovcomflot’s tankers
Sovcomflot, a major Russian shipping company, will roll out a Wärtsilä fleet operations solution for its fleet of arctic shuttle tankers. The order was booked in March 2019. The agreement signed with Sovcomflot comprises the upgrade of the navigation systems installed... more
U-Freight on the move in Beijing
The U-Freight office in Beijing has moved to a new location to provide enhanced services for customers and staff. Group CEO Simon Wong says: “Since our formation over 50 years ago, U-Freight has invested heavily in offices, logistics hubs and service developments in China.... more
Acquired railcars strengthen intermodal business
The European rail car leasing company Ermewa has acquired 154 additional railcars from the European rolling stock company Rosco Bohemia, a member of the Czecho Slovak Group (CSG). The acquisition reinforces Ermewa’s presence in the intermodal business especially in Germany,... more
Craiss sets up joint venture with ITK
The German logistics company Albert Craiss is enlarging its business field and now offers services in the air and sea freight sector. To this end, the Baden-Württemberg-based service provider is setting up a joint venture named LSA Logistics Sea & Air with ITK... more
Mahan Air makes a comeback to Saint-Petersburg
Starting today, 3 May 2019, Mahan Air is offering regular scheduled services on the route between Tehran Imam Khomeini (Iran) and Saint-Petersburg (Russia). An A310 aircraft will operate the route twice a week. The Iranian carrier, which has recently banned from... more
Medcenter Container Terminal extends range of equipment
Italy’s Medcenter Container Terminal (MCT), which is owned and operated by Terminal Investment Limited (TIL), will purchase a total of 32 diesel-electric straddle carriers. All the machines are scheduled to be delivered by the end of Q4/2019. MCT is located in the southern... more
Turhan Özen joins Tiaca board
Turhan Özen, chief cargo officer of Turkish Airlines and the head of the Turkish Cargo Brand, has been elected to the board of the international air cargo association Tiaca. Özen has overseen business development in the Balkans, Middle East, and African regions. “With a new... more
Swedish carrier runs new shuttle for furniture dealer
Under a new contract with Ikea, Green Cargo recently operated its first rail shuttle service from Älmhult and Torsvik to Arsta (all Sweden). The shuttle runs six days per week and supplies goods to department stores and warehouses in the greater Stockholm and Uppsala... more
Challenging quarter for Ceva
Ceva has announced its Q1/2019 results. The service provider increased its revenue by 1.1% in constant currencies to USD 1.698 billion in the period under review. On a reported basis, the Q1 revenue declined by 5.2% year-on-year due to the negative conversion of foreign... more
“Curiosity of the Day”
When astronauts return from space they are about 5 cm taller. Due to weightlessness in space the cartilaginous discs between the vertebrae in the spine expand, as indeed they do while you sleep on earth. We are all taller first thing in the morning. more