Freshippo opens twelve new stores in just a day
The new stores of Alibaba Group's digital intelligence-powered new retail company are spread over eight cities in Mainland China, including Beijing, Shanghai, and Guangzhou. Over half of the new stores are adopting an upgraded Freshippo store image. Several of these newly... more
Teams from three nations
Vale and the ‘Oman and Etihad Rail Company’ sign deal, Vale, a leading Brazilian iron ore producer, has signed a memorandum of understanding with the ‘Oman and Etihad Rail Company’. The plan is to develop integrated logistics solutions to transport iron and its derivatives... more
RWI / ISL – “energy price shock has been overcome”
The RWI / ISL container throughput index rose to a seasonally adjusted 123.4 points in May, compared to the previous month. This means that box throughput has now risen four months in a row – but hasn’t yet reached the level of last summer again. Chinese ports made... more
Not only kangaroos...
...but also koalas can make big jumps. Last week, TAP Air Cargo flew Gowi Nee Bu, a two-year-old male koala, in the cabin of a A320neo from Paris to Lisbon, where he is taking part of the zoo's conservation programmes for endangered species. Close to reaching sexual... more
South Korea investing in logistics centres in USA
South Korea-based provider CJ Logistics and Korea Ocean Business (KOBC), a South Korean government entity, are partnering to construct large-scale logistics centres in USA. With a total investment of USD 457 million, these hubs will prioritise the handling of import and... more
TLX service launched
From tomorrow, 1 July, CMA CGM’s Turkey Libya Express service (TLX ) will offer a seasonal weekly link connecting Asia to Turkey, Libya and the Red Sea. The option, fully operated by CMA CGM, will call at Shanghai, Ningbo, Singapore, Malta, Jeddah and Port Klang, amongst others,... more
First time bunkering of a UECC vessel
United European Car Carriers (UECC), a provider of sustainable short sea ro-ro transportation in Europe and its partners Dutch biofuel provider Goodfuels and vessel owner NYK have successfully completed a delivery of sustainable biofuel in the port of Vlissingen. Daniel... more
AAPA: air cargo demand declined in May
The Association of Asia Pacific Airlines (Aapa) recently released its preliminary traffic figures for May 2023. The region’s carriers registered a 193.2% year-on-year increase in the number of international passengers carried to 21.4 million in May, whereas subdued demand... more
Allcargo group: key changes after demerger
Allcargo Group, a global logistics conglomerate headquartered in India, has made several appointments in key leadership positions within the organisation after its recent demerger. Shashi Kiran Shetty has been redesignated as executive chairman of Allcargo Logistics, Adarsh... more
Agreements for two new vessels
The Board of Samudera Shipping Line has signed numerous agreements to acquire two container vessels from independent third parties. The two new vessels will be delivered in H2/2023. The purchase price is approximately USD 59,900,000. Each of the new vessels has a deadweight... more