IRS to classify hybrid electric catamarans
Indian Register of Shipping (IRS) has been awarded the task of providing classification services for six hybrid electric catamarans commissioned by the Inland Waterways Authority of India (Iwai). These vessels, built at Hooghly Cochin Shipyard, will serve inland ferry routes... more
A first step towards digital customs clearance
On 18 August 2023, the Swiss Federal Office of Customs and Border Security (FCOCBS) and the Austrian Customs Office agreed to introduce joint digital-based basic customs procedures for both sides of the border. The measures necessary for the implementation of the new system... more
India extends its multitracking infrastructure
India’s government has approved seven rail multitracking projects with an estimated cost of around INR 32,500 crore (USD 3.91 million). The multitracking projects cover 35 districts in nine states and will increase Indian Railways’ existing network by 2,339 km. The extension... more
Investing in a grain terminal in Kazakhstan
AD Ports Group has signed a heads of terms agreement with Semurg Invest (Semurg), the owner and developer of Sarzha Multifunctional Marine Terminal in Kuryk Port, to potentially invest in the grain terminal located at Kuryk Port, Kazakhstan. Abdulaziz Zayed Al-Shamsi,... more
Strong demand for converted mid-size freighters
Air Transport Services Group (ATSG), a provider of medium wide-body aircraft leasing, contracted air transportation, and related services, reports that its leasing subsidiary Cargo Aircraft Management (CAM) has delivered a record six converted freighters under lease in one month... more
Tools to boost cargo handling and tracing
BNSF Logistics in USA has implemented Trucker Tools’ real-time load tracking technology to improve freight visibility and augment its shipper service. The 3PL has also introduced the digital freight matching software and automated load booking tool to its team to streamline... more
Air Partner: a new VP for cargo, USA
Air Partner, a global aviation services group that provides aircraft charter and aviation safety and security solutions for businesses and private individuals worldwide, has appointed Andrew Holmes as vice president of cargo, USA. Holmes will oversee all day-to-day operations of... more
DP World: robust growth in H1/2023
DP World’s financial results for the first half of 2023 show robust growth, with a 13.9% increase in revenue to USD 9.0 billion and a 7.0% rise in adjusted ebitda to USD 2.6 billion, reflecting a 28.9% adjusted ebitda margin. The growth is driven by a full consolidation of... more
Enhanced offering for crisis response
Chapman Freeborn, the global air charter specialist and part of Avia Solutions Group has launched Aviation Emergency Services (AES) to enhance its dedicated offering that facilitates swift and efficient emergency response charters and timely aid in crisis situations. Chapman... more
Trialling double-stacked train for UK retailer
In cooperation with Nestlé UK and Ireland, the Rail Delivery Group recently delivered a new type of rail container to Grocery Tesco. The container uses a roof raising mechanism, allowing products to be double stacked from floor to ceiling operating at full capacity before... more