Cosco launches new generation of green vessels
Cosco Shipping has contracted to build twelve 14,000 teu dual-fuel methanol container vessels as part of its commitment to green and low-carbon development. These advanced vessels, featuring cutting-edge design and technology, will significantly reduce greenhouse gas... more
Bomb ticking in Bangladesh
Delivery delays and rising prices after unrest and the fall of the government. On 8 August, three days after prime minister Sheikh Hasina fled ignominiously to India, the airfreight analysts at World ACD established that air cargo volumes to Europe were recovering again, whilst... more
Air cargo demand still climbing
The International Air Transport Association (Iata) has released data for global air cargo markets in July 2024 showing continuing strong annual rise in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 13.6% compared to July 2023 levels (14.3% for... more
Closing the Karinca Logistics merger
Protect Pharmaceutical Corp. (PRTT) is set to merge with Karinca Logistics, a Turkey-based transport company. PRTT announced this move after having completed the necessary documentation. The merger process included issuing 1,000,000 additional preferred shares. Now, PRRT is... more
Thai Airways picks Indian GSSA
Aeroprime Group has been appointed as the exclusive cargo general sales and service agent (GSSA) for Thai Airways in Delhi, India, effective Sunday, 1 September 2024. Thai Airways International, Thailand’s national carrier and one of the largest airlines in Southeast Asia,... more
More responsibilities for Michael Jerogin
Dematic has appointed Michael Jerogin as head for the emea region with immediate effect. He is already executive vice president and managing director for the apac region. Jerogin joined Dematic as managing director of customer service in 2009. He was actively involved in the... more
ZTO Express to optimise its logistics network
The Chinese transport company ZTO Express has received 400 autonomous heavy-duty trucks that were developed in collaboration with the Chinese manufacturer Dongfeng Commercial Vehicle (DFCV). The trucks are equipped with Inceptio’s advanced autonomous driving technology,... more
Supporting foreign personnel working in Japan
Mitsui O.S.K. Lines (MOL) and the Bank of Nagoya have signed a business agreement regarding support for foreign personnel working in Japan. Specifically, the partners will help companies meet their growing demand for foreign workers, a trend that is expected to continue in the... more
M&M: a gateway to India
Militzer and Münch has launched a new country unit in India. Based in Mumbai, the office has begun to operate its sea and airfreight services, particularly for customers in the pharmaceutical sector. Following expansions in Vietnam, Indonesia, Mongolia and Sri Lanka,... more
CMA CGM Air Cargo’s first transpac freight service
With its third B777-200F, taken over on 18 August and operated by Atlas Air, CMA CGM Air Cargo has inaugurated a new transpacific route. This milestone represents a significant step in the company's global expansion strategy and aligns with the ambition of the CMA CGM Group to... more