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
Röhlig soon to have 40 warehouses worldwide
The multimodal and contract logistics specialist is strategically advancing its contract logistics business and now operates around 260,000 sqm of warehouse space in more than 15 countries. Most recently, Roehlig has expanded its capacity with new warehouses in Malaysia,... more
Stratos: two more widebodies delivered
Aircraft investment specialist Stratos delivered two widebodies at the end of May, continuing a deal flow involving over ten widebodies to different buyers and lessees over the past twelve months. Stratos completed the sale of A330-300 MSN1338 to an affiliate of DHL – the... more
Boosting traffic on China-Europe axis
Rhenus is strengthening its foothold along the Middle Corridor of the New Silk Road. The group recently signed a memorandum of understanding with Kazakhstan Railways (KTZ) to enhance transhipment capacity in the Caspian Sea region between China and Europe. The partners will... more
Genesis takes delivery of 20th 737-800BCF
Guangzhou Aircraft Maintenance Engineering Company Limited (Gameco) announced the completion of its 20th 737-800 Boeing Converted Freighter (BCF) at Gameco’s facility in Guangzhou, China. After completion, Boeing handed over the aircraft to Genesis, an Irish-based aircraft... more
David Roussiere: next stop India
Global logistics provider Kuehne + Nagel has appointed David Roussiere as managing director for India, Sri Lanka, and the Maldives. In this position, Roussiere will lead a team of 850 industry experts in 28 locations. His background and over 20 years of experience in the... more
Bijagos Shuttle returns for cashew season
CMA CGM has resumed its Bijagos Shuttle service of cashew exports from Bissau, Guinea-Bissau to India and Vietnam. For this operation, two 1,700 teu vessels of will be deployed and entirely operated by CMA CGM. The Bijagos Shuttle service only operates during the cashew... more
Cargo-Partner: a major investment in China
The transport and logistics company headquartered in Austria has opened additional offices and logistics centres in China over the last three months. In Shanghai, for example, Cargo-Partner now operates a competence centre for pharmaceuticals and healthcare. It serves as an... more
Turgut Erkeskin honoured for life's work - so far
At the 8th Economy and Logistics Summit recently held in Istanbul, Turgut Erkeskin, president and CEO of Genel Transport, was honoured for his long career as an entrepreneur and a pillar of the industry as a whole. He was given the “Lifetime Achievement Award in Logistics” for... more