Poseidon, ONE et alia going for Atlas
The takeover of Atlas Corp., the holding with Seaspan as a major global containership lessor in its portfolio, is around the corner. On behalf of a consortium composed of David L. Sokol, chairman of the board of directors of Atlas , certain affiliates of Fairfax Financial... more
Honours for the pioneers of the pallet's triumph
Oliver Richter (1920-2014), an Australian who, as trade manager of Brambles in the 1960s, discovered the potential of a closed rental pool for load carriers and successfully established today's Commonwealth Handling Equipment Pool (Chep) system, and George Raymond Sr.... more
Which is the cheapest sustainable marine fuel?
A study commissioned by SEA-LNG, a UK-based industry foundation, has found that liquified bio-methane (bio-LNG) offers real opportunities for maritime decarbonisation. Conducted at the Nanyang Technological University (NTU Singapore), the study points out that bio-LNG can be... more
Bengaluru Kempegowda Intl airport flourishes
Kempegowda International Airport, Bengaluru (BLR Airport) continues to be the No.1 airport for handling perishable shipments from India. BLR Airport recorded 52,366 t of perishable shipments in FY 2021-22, compared to the previous year’s 48,130 t. 41% of South India’s... more
Transit time significantly shortened
India and Iran have successfully concluded the first pilot of a fully digital intermodal TIR transport, the International Road Transport Union (IRU) reported. The container was released less than a day after arriving in Iran’s Bandar Abbas port, which would have otherwise taken... more
UPS promotes Engin Kolat
UPS has appointed Turkey director of operations Engin Kolat as its new Turkey country managerto lead the company’s operations, business development, and strategy in Turkey. Kolat joined UPS as an expert in revenue management and pricing expert in 2013 after graduating from... more
Ice melting – one way or the other
Second conference on ‘The Future of Norwegian Seafood Air Logistics’. A series of challenges need to be overcome to ensure that Scandinavian seafood exports achieve their full potential, as ITJ correspondent Michael Mackey reports from a conference held in Oslo on 19 September.... more
Operations at Tibar Bay port begin
After four years of preparation, the new port in Tibar Bay is now operational. A USD 490 million investment over a 30-year period is planned for the country's first public-private partnership which is located 12 km from East Timor’s capital city Dili. The equipment includes... more
A first for JSA
Aeronautical Engineers (AEI) has announced that Jackson Square Aviation (JSA) has placed an order for six (6) AEI B737-800SF freighter conversions. This agreement represents the first freighter conversion order JSA has placed with AEI. The first two aircraft of the order are... more
OOCL starts to run on biofuel
The carrier Orient Overseas Container Line (OOCL) has successfully completed its test with the use of marine biofuel supplied by the energy company Chevron Singapore. The “OOCL Yokohama” is the first vessel of the carrier's fleet to use biofuel. The 4578 teu container vessel,... more