Hapag-Lloyd buys 40% of Baxi terminal operator
After an agreement with an affiliate of Bain Capital Private Equity, which held a 35% stake in the Indian port operator J M Baxi Ports & Logistics (JMBPL), Hapag-Lloyd completed its acquisition of a 40% shareholding in JMBPL. The transaction has now been approved by the... more
Chapman Freeborn picks Lloyd D’Souza
Chapman Freeborn, a global aircraft charter specialist and part of Avia Solution Group, has appointed Lloyd D’Souza as the new regional business development manager – cargo for the IMEA (India, Middle East and Africa) region. With over 25 years of experience the cargo... more
Selling trucks at a price per kilometre
Quantron and Goldstone are forming a joint venture (JV) to jointly develop a digital platform for the Quantron-as-a-service offering. It will enable Quantron to provide trucks and buses to its customers at a price per kilometre. The digital platform will act as a transaction... more
Another option on the China-Russia-Belarus route
Russian rail operator Trans Container and Chinese logistics provider Dragon Link recently signed an agreement to jointly develop container transports between China, Russia, and Belarus. The document specifically provides for cooperation in the organisation of... more
Swimming for a winning team
Winning Logistics in Guinea, a West African branch of a global logistics provider headquartered in Singapore, has ordered two Konecranes Gottwald cranes on barge. After on-site commissioning in Q3/2024, Winning will operate a total of ten of such cranes from the Finnish... more
Challenge Group: e-commerce with China booming
China and e-commerce go hand in hand, and Liège has quickly become a preferred European air cargo gateway. “Challenge Group’s activity out of China is currently based on e-commerce demand which already makes up 30% of our business at Liège airport and posted a 10% year-on-year... more
More space for containers in Vladivostok
Commercial Port of Vladivostok (CPV), a company of Fesco Transportation Group, is planning to increase its total storage area for containers by 20% in 2025. It has launched first stage of this expansion with a new production site called "Warehouse 81" covering 13,500... more
Grimaldi takes over new G5-class vessel
Naples-based Grimaldi Group has taken delivery of the "Great Antwerp" at the Hyundai Mipo Dockyard Company in Ulsan (South Korea). This newbuilding is one of a series of ships designed to respond more efficiently to the demand for quality transport services on deep... more
IAG Cargo restarting flights to China
IAG Cargo, the cargo division of International Airlines Group (IAG) will relaunch its services between London-Heathrow and Beijing and Shanghai after almost two years, as China reopens its borders to tourists. From 23 April 2023, IAG Cargo customers will be able to export... more
Focus on the future
The Grimaldi Group investing in structure and fleet. The Neapolitan shipping line is continuing its investment programme in 2023. Five PCTC units are set to fortify the group’s services between Europe, Africa and the Middle and Far East. Furthermore, the acquisition of strategic... more