Founder leaving firm
Russian air cargo group in turmoil after sanctions. Russia’s Volga-Dnepr Group is facing significant problems due to the international sanctions that followed Russia’s invasion of Ukraine. Now the company is parting ways with the chairman of its board of directors and half of... more
Quicker turnarounds in Subic Bay
Subic Bay International Terminals (Sbitc) is deploying four additional rubber tired gantries (RTG) to enhance its landside operations to support growth prospects in North and Central Luzon in the Philippines. The terminal has an annual capacity of 600,000 teu. Scheduled for... more
More agricultural transports to China
The Eurasian Economic Union (EEU) have decided to strengthen their cooperation in the international rail and multimodal transport sector. The member states Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia signed an agreement to this effect at the Eastern Forum in Vladivostok... more
New Orca generation on the attack
Heavy lift and project cargo carriers the German SAL Heavy Lift and Dutch Jumbo Shipping have inked agreements for four newbuilds and two optional new generation heavy lift vessels. The vessels will be built at the Wuhu Shipyard in China. SAL Hea vy Lift and its partner Jumbo... more
Digitalisation to support increasing volumes
Kale Info Solutions, the US subsidiary of Mumbai-based Kale Logistics Solutions, has entered a partnership with Chicago Rockford International Airport (RFD). The implementation of its airport cargo community system will reduce manual documentation and data entry time for cargo... more
Another milestone for ammonia in shipping
The international classification society Korean Register (KR), located in Busan, gave its approval in Principle (AIP) for the design of a new ammonia-fuel ready vessel on 5 September 2022. The very large gas carrier (VLGC) will be capable of using ammonia as a fuel as well as... more
Cargo still saving overall performance
Thanks to robust demand for cargo, Finnair continued operating to most of its Asian destinations in August 2022. Despite the closure of Russian airspace, most cargo figures improved year-on-year and remained close to those of July 2022. Available scheduled cargo tonne... more
Drewry on the flow of new containers
In its latest report, "Container Census & Leasing Annual Review & Forecast 2022/23", London-based maritime research consultancy Drewry estimates that congestion across global supply chains means that containers were 15 to 20% less productive than in pre-Covid... more
JD Logistics grows global foot print
China-based JD Logistics has reported its interim Q2/2022 results. The company’s revenues from external customers increased by 27.7% to RMB 18.2 billion compared to Q2/2021. This division accounts for nearly 60% of total revenue for the quarter. Main commodities were FMCG, home... more
Afcom bets big on ASEAN region
Afcom Holdings, a professionally managed international cargo airline headquartered in Chennai (India, reiterated its commitment to the ASEAN region by taking delivery of its first aircraft - Boeing 737 freighter. Afcom has been operational since September 2021 through its... more