Building a base at Bremerhaven
Lineage, an industrial real estate investment trust, is planning to strengthen its network in Germany and expand its cold chain with a new facility in Bremerhaven's fishing harbour. Work on the new site, which is expected to cover 19,000 sqm, has already begun. The location... more
Albania to rehabilitate over 120 km rail line
The European Bank for Reconstruction and Development (EBRD) and the EU are scaling up their support for Albania’s railways with a EUR 98.75 million loan. This will allow Albania to rehabilitate and to electrify the Vore-Hani i Hotit railway line. The line is over 120 km long... more
Ranking shipowning nations: who leads?
Vessels Value has revealed the top ten shipowning nations, showcasing shifts in asset values and ownership strategies over the past year. Japan leads with a fleet worth USD 206.3 billion, growing by 5%, particularly in the tanker sector. China follows closely with a fleet value... more
The major trends
Latin American logistics sector leeward of global ruptures. For 30 years the analysts at the market research institute ‘America’s Market Intelligence’ have tracked and traced the various developments of the transport and logistics sector in the rather diverse Latin American... more
Train extends European ferry services
Stena Line has launched its own intermodal train service from Verona, Italy to Gothenburg, Sweden via Kiel in Germany. The service allows customers to book the transcontinental transport from a single source. The train operates two round trips per week between Verona... more
Strengthening the sales team in North Asia
Elfi Chik has joined Jettainer’s sales team in Hong Kong as general manager sales for North Asia. With almost 20 years of industry experience, Chik brings a wealth of knowledge and proven track record in aviation and will develop and expand market opportunities for Jettainer in... more
GSSA's parcel-focused service solution soars
Last year, "mail & more", the ECS Group's parcel-focused service solution which brings international postal operators, e-commerce retailers, and airlines together, saw over 80% growth compared to 2022, with total volumes increasing to 900 t. Jonathan... more
Railfreight services in all Baltic countries
LTG Cargo company has completed its first continuous pilot run from Lithuania via Latvia to Estonia's Valga station. The freight transport was organised within the company's capacity, which means that all logistics solutions along the route were provided independently. The... more
Svitzer gears up for listing
Svitzer, a global towage and marine services provider, posted a 6% growth in revenue in 2023 to DKK 5,786 million (USD 0.84 million), driven by a record number of harbour towage tug jobs. Adjusted for foreign exchange impact, revenue increased by 9.5%. Ebitda rose 4% to DKK... more
Braving the Benelux market
Duvenbeck is to take over Netherlands-based Schotpoort Logistics. The transport and logistics company is headquartered in Germany but has made several expansions into European markets. Next up is Benelux (Belgium, Netherlands, Luxembourg). With the acquisition of Schotpoort,... more