Building on Far East air freight business 
Dublin-based global aviation services group ASL Aviation Holdings has posted strong financial results for 2021, with revenues up 24.4% on 2020. The ASL Group, which includes ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France and ASL Airlines United Kingdom in... more
WFS to be acquired by Sats
Sats has reached an agreement to acquire Wordwide Flight Services (WFS) from an affiliate of Cerberus Capital Management. The transaction is valued at an enterprise value of EUR 2.25 billion and will bring together WFS, the world’s largest air cargo handler with leadership... more
USD 250 million for logistics real estate in Asia
ESR and its affiliate Logos have completed th finance round for the co-branded Pan Asia Core+ Venture (PACV) and raised USD 250 million in equity commitments in total. This initial raising includes investment from two institutional capital partners in Europe and America: the... more
Port of Vladivostok posts a rise in imports
Rising cargo volumes have been flowing into the Port of Vladivostok on Russia’s Pacific Coast. According to the port press office, imports have increased by 150% over the last three months. Per month, throughput amounted to approximately 28,000 teu. The container lines that... more
Ship financing steady - so far
The Petrofin index for global ship financing has registered its first rise in eleven years according to its report which was published in mid-September. This index was established in 2008 with a reference value of 100 points. After falling to its historical low in 2020 with... more
Great works in the Port of Shanghai 
A challenging project: the Port of Shanghai is investing 55 billion renminbi (about EUR 8 billion) in a new container terminal, Chinese media reported. The expansion is expected to amplify annual handling capacity to 60 million teu. The Shanghai Port Group also recently... more
Intra-city fleet in India to become green
DHL Supply Chain (DHL) will be investing EUR 500 million in its Indian business over the next five years. With this investment, the company is planning to own and operate wholly owned large multi-client sites in India, adding 1.1 million sqm of warehousing space to the group’s... more
Extending partnership in Japan
Swissport and Hong Kong Airlines are extending their long-standing partnership in Japan until 2025. The cooperation covers services at Kansai Airport near Osaka and at Tokyo’s Narita International Airport. Swissport Japan has been providing airport ground services and air cargo... more
Indo-German partnership sealed
Germany’s Quantron and India’s ETO Motors have decided to cooperate in both the Indian and European markets. The companies have signed an agreement to this effect. ETO will support Quantron in design and development to bring ETO three-wheelers to the European market. In... more
Marine biofuel bunkering ship-to-ship a success
It's a first-timer: Total Energies Marine Fuels has completed the refuelling of a CMA CGM containership in Singapore with sustainable marine biofuel. The 4,300 teu “CMA CGM Montoir” was bunkered via ship-to-ship. The biofuel is made of Vlsfo (very low sulphur fuel oil)... more