EU ETS: shipping's big bill
The International Transport Intermediaries Club (Itic) has raised concerns about the financial impact of the European Union's Emissions Trading Scheme (ETS) on the shipping industry, predicting that costs could reach billions. The ETS, effective from 1 January 2024, will... more
Ukrzaliznytsia: first trucks to Poland by rail
Trucks shift to rail to avoid the blockage caused by Polish carriers that have been on strike at the Ukrainian-Polish border since 6 November 2023. The Ukrainian Railways worked on the truck transport project for two weeks. The first train, which was completed last week,... more
MOL's sustainability goals in Hungary
MOL is acquiring a 15% in Waberer’s, a Hungarian logistics provider, while simultaneously agreeing on future logistics cooperations. The purchase is based upon an agreement between MOL and Indotek Group. At the same time, MOL and Waberer’s defined future cooperations in complex... more
Nine decades of transformative transport research
Transport Research Foundation (TRL) is a team of expert scientists, engineers and specialists who work to shape the future of transport. Last week, the TRL team celebrated the milestone in a staff-only event, where they honoured the contributions made by TRL employees... more
Air Charter Service opens its doors in Thailand
Aircraft charter specialist Air Charter Service has opened a new office in Bangkok, Thailand, further strengthening the company’s presence in Asia. Steve Fernandez, formerly head of the company’s Hong Kong office, has moved to Thailand to spearhead the operation. Chris... more
A rail corridor from Oslo to Palermo
Deutsche Bahn (DB) has begun to build the rail link to the "Fehmarnbelt Fixed Link". The first trains are scheduled to run through the Fehmarnbelt tunnel from Copenhagen (Denmark) to Lübeck and Hamburg (both Germany) as early as the end of 2029. For... more
German wind park manager renews lease
Wind Multiplikator employs 290 people at its headquarters in Emden and its location in Bremen, Germany. It offers wind park management as well as engineering-related consulting services. At the Emden hub, CTP Deutschland is providing the company with 25,000 sqm of hall area... more
Promotions and recruitments at Danx Carousel
The Danx Carousel Group has shored up its executive leadership team following the expansion of its network and human resources in Europe. Kasper Mahon Anderson (left) has been appointed chief financial officer. He brings with him nearly two decades of experience as CFO for... more
Maersk's methanol ship to set sail
Maersk is planning to introduce its first large methanol-capable ship in spring 2024, to serve Hamburg on the AE7 route between Asia and Europe. The 16,000-teu vessel, constructed by Hyundai Heavy Industries, is equipped with a dual-fuel engine that operates on methanol,... more
GE Aerospace wins contract in Taiwan
GE Aerospace has signed a True Choice services agreement with China Airlines to support its fleet of CF6-powered Boeing 747-400F aircraft. As part of the long-term contract, China Airlines is returning to GE’s OEM solution for high-pressure compressor airfoils. GE will... more