Logtainer and Hupac bolster cooperation 
Swiss combined transport operator Hupac and Italian intermodal specialist Logtainer have exchanged a few but significant shares. The mutual share acquisition demonstrates the intention to further strengthen the cooperation established in January 2021, Hupac said. The... more
Another weekly flight between Beijing and Geneva
From 14 July 2023, Air China will enhance its Geneva-Beijing direct flight schedule for the summer and autumn seasons by adding a Friday flight, increasing the frequency of this service to four per week. The Chinese flag carrier had relaunched this long haul connection to... more
A partnership to build ammonia-fuelled engines
Wingd, a Swiss marine power company specialising in the decarbonisation of marine transport through sustainable energy systems, and the Japanese shipbuilder and technology developer Mitsubishi Shipbuilding have signed a memorandum of understanding (MOU). The agreement... more
Kalmar: another big order from New Zealand
Kalmar, which is part of Cargotec, a provider of cargo and load handling solutions, has secured a large order for four Kalmar hybrid straddle carriers from its long-term customer, the Port of Tauranga on New Zealand’s North Island. New Zealand’s largest container terminal... more
Iata's profitability outlook for 2023
In an upgrade of its outlook for 2023, the International Air Transport Association (Iata) expects the airline industry’s profitability to strengthen this year. Cargo volumes are forecast at 57.8 million t, slipping below the 61.5 million t carried in 2019 with a sharp... more
K+N expands its perishables network
Kuehne + Nagel has signed an agreement to acquire Morgan Cargo, a freight forwarder specialising in the transport and handling of perishable goods. The company is based in South Africa and runs satellite offices in key export stations such as Kenya and UK. In 2022, the company... more
IRS named classification society of the year
The Indian Register of Shipping (IRS), a classification society and IACS member, has won the prestigious ‘Classification Society of the Year’ award at the 18th Shiptek International Maritime Awards. The awards honour organisations that deliver the best standards of service... more
MOL Sunflower is born
Mitsui O.S.K. Lines (MOL) has announced the name of the new company which will integrate two wholly owned ferry and coastal ro-ro vessel operators. It will be called MOL Sunflower. The new company is a combination of two companies, MOL Ferry and Ferry Sunflower. Regular... more
From Thailand to Felixstowe
Port of Felixstowe, located on the UK’s Southeast coast and part of Hutchinson Ports’ network, has signed an agreement for an additional 100 battery-powered autonomous Q-Trucks with Shanghai Westwell Technology. Clemence Cheng, CEO of the Port of Felixstowe and executive... more
A concession agreement for a cargo hub at Noida
Air India Sats Airport Services (Aisats) and Yamuna International Airport Private Limited (Yiapl), a special purpose vehicle formed by Noida Airport concessionaire Flughafen Zurich, have concluded a concession agreement to build a multi-modal cargo hub (MMCH) at Noida... more