Tam Group accelerates expansion in Asean
Tam Group, a GSSA headquartered in Hong Kong, has opened three offices in Southeast Asia. In response to growing demand in the region, the group has embarked on joint ventures with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to launch offices in the key... more
Rental wagons auctioned off
Operail Leasing in Estonia has sold 807 rental wagons in an auction to which more than 40 companies were invited. Twenty interested parties submitted their tenders in the various phases of the process. The majority of the wagons sold are covered with rental contracts. All... more
Traversing the Horn of Africa again
After a 30-year disruption, air traffic control services over Somalia and the surrounding region were operationally restored on 26 January 2023. Some of the region’s busiest airways - linking the African subcontinent south of Ethiopia with the Middle East and Indian... more
Enlarging the Manila terminal
The Manila International Container Terminal (MICT), the flagship of ICTSI, a port and terminal operator headquartered in the Philippines, is growing. The expansion of Berth 8 will increase the terminal’s capacity from 3.3 million teu to 3.5 million teu. Part of the project... more
MSC opts out of JNPT
The Mediterranean Shipping Co's (MSC) Indus 2 service no longer calls at Jawaharlal Nehru Port Trust (JNPT). Indian exporters/importers are now obliged to opt for the single MSC direct call at Mundra Port. MSC added the eight-vessel, weekly Indus 2 to its network in August... more
More LNG projects in Japan
The Japanese shipping company MOL, MOL Ferry, Japan Petroleum Exploration (Japex) and Hokkaido Gas recently agreed on a joint supply project of LNG fuel for two newbuilding LNG-fuelled ferries. They will be deployed in each port on the Oarai-Tomakomai route operated by the MOL... more
US transport software provider sold
The Australian company Wise Tech Global, the developer of the logistics software Cargo Wise, has acquired Envase Technologies. The US company provides transport management software for intermodal trucking, drayage (container haulage) and landside logistics in North America. The... more
2M ends - in predisposed obedience?
Maersk has published a press release saying that the alliance 2M is set to end in January 2025, speaking of "a thorough evaluation process" and a mutual agreement with its partner MSC. Besides wishing to minimise possible disruptions caused by the termination of the... more
Air China returns to Geneva from today
Air China will be resuming flights between Geneva and Beijing on 26January 2023. One weekly flight is planned to start with, on Thursdays using Airbus 330-200 aircraft. After a long and difficult period of travel restrictions due to the Covid-19 pandemic, the company is... more
Hapag-LLoyd on the trail of Vasco de Gama
Hapag-Lloyd strikes in India. The Hamburg-based carrier has signed an agreement to acquire 35% of the shares of J M Baxi Ports & Logistics Limited (JMBPL). Seller is a Bain Capital Private Equity affiliate. In addition, Hapag-Lloyd agreed with JMBPL and its promoters,... more