OOCL's next behemoth takes to the water 
The joint venture between Cosco Shipping and Kawasaki Shipbuilding, Dalian Cosco KHI Ship Engineering in China has completed the new 24,000 tea container unit built for Hong Kong-headquartered carrier OOCL. The most recent ultra-large vessel has a total length of 399.99 m, a... more
A warehouse to cover North India
Godrej Consumer Products (GCPL), an affiliate of the Godrej Group, an Indian multinational conglomerate headquartered in Mumbai, has opened its first warehouse in Tepla, Punjab. The facility has a surface of more than 2044 sqm. Covering North India, the warehouse will serve... more
Changes at Bamboo Airways
Bamboo Airways has appointed Pham Dang Thanh (right) as deputy general director. Graduating from the Kiev Institute of Civil Aviation Engineers (former Soviet Union), he has held many senior positions at prestigious aviation organisations and units such as Vietnam Airlines... more
New Indian Greenfield Airport in 2023
Airports Authority of India is currently building the New Greenfield Airport in Rajkot, the fourth largest city in the state of Gujarat, to serve a growing population and manage the increasing flow of air traffic in this region. The new airport, spread over 1,025 hectares,... more
Shanghai still ahead in 2022
In terms of throughput, Shanghai is again ahead of Singapore in 2022. Despite the pandemic shutdowns, the Shanghai International Port Group (SIGP) handled more than 47.3 million teu last year. While container volumes were volatile in Q2/2022, July set a new monthly high with... more
Two more Caspian countries join e-CMR
Azerbaijan and Turkmenistan, two countries at the heart of east-west and north-south trade routes, have acceded to the e-CMR protocol, committing to fully paperless goods transport. By eliminating paperwork, e-CMR lowers handling costs, eliminates administrative and... more
MOL procures loan for sustainability
The Japanese carrier MOL recently made use of another transition-linked loan with Sumitomo Mitsui Banking Corporation. This is Japan’s first global commitment line agreement using this kind of loan. It is a financial instrument designed to assist companies that are taking action... more
Changes in cargo flows
The Copenhagen-based maritime agency provider Sea-Intelligence recently published an analysis of the cargo streams on the North America West Coast (NAWC). Compared to 2019, volume growth in 2022 stagnated during the first two months of the traditional Q3 peak season and... more
PSA keeping the balance in 2022
Singapore-headquartered PSA International (PSA) has reported its results for 2022. In total, the Group handled container volumes of 90.9 million teu globally. Compared to 2021, the group’s volume decreased by 0.7%. The flagship PSA Singapore contributed 37 million teu (-0.7%),... more
Another way of Californication
The Japanese container shipping company Ocean Network Express (ONE), headquartered in Singapore, has signed agreements to acquire a 51% stake in two terminals on the US West Coast - Tra Pac and Yusen Terminals (YTI). MOL and NYK as well as Macquarie Infrastructure Partners... more