Green refrigeration technology for Azerbaijan 
The European Bank for Reconstruction and Development (EBRD) is boosting transit capacity and import and export cargo capacity in Azerbaijan by providing a loan of up to USD 4 million for the construction of a cold and dry warehouse. The investment addresses the shortage of... more
U-Freight Group promotes two executives
International freight services and logistics provider U-Freight Group (UFL) has promoted two key executives based at its headquarters in Hong Kong. Amy Wong has been promoted to chief administrative officer of U-Freight Group tasked with supervising the day-to-day... more
A carrier for carbon
Japan's New Energy and Industrial Technology Development Organisation (Nedo) has completed the conceptual design of a new vessel. A project entrusted by Nedo to Japan CCS also involved MOL which launched research and development (R&D) on the adoption of a large-scale... more
Deal undone 
Container production – MCI not to CIMC. The emergence of a container manufacturing oligopoly still seemed unstoppable in October. The fact that these expectations weren’t fulfilled is related to global policies. more
New rail link between Baltics and Turkey
Metrans has introduced new rail connections between the Baltic Sea, Central Europe and Turkey by adding Gdansk (Poland) as another terminal in Northeast Europe to its network. The new link with Turkey is operated in partnership with Omsan Logistics. The first container train... more
UK P&I Club welcomes William Beveridge
UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has appointed William Beveridge as chief underwriting officer, effective 17 September 2022. Reporting to CEO Andrew Taylor, Beveridge will oversee all the club’s... more
Two ASL Group members join Iata
Three weeks before the Iata World Cargo Symposium (WCS) in London, where ITJ will distribute its upcoming edition 39-40/2022, the global airlines' association has announced that ASL Airlines Belgium has become an airline member effective 18 August 2022. Formerly TNT Airways,... more
Yang Ming keeps fleet size up
Keelung-headquartered carrier Yang Ming decided to extend its charter on five Seaspan neo-panamax containerships. They belong to the Hong Kong-based company Seaspan. The Taiwanese shipping group has announced an option on Seaspan's five 14,000 teu units. Currently, Yang Ming... more
Humanitarian air bridge for flood victims
Since last Friday, 2 September 2022, Emirates has been offering cargo capacity on all its 53 weekly passenger flights to Pakistan for organisations based at the world’s largest humanitarian hub, International Humanitarian City (IHC), to transport critical equipment and supplies,... more
How to push furniture expansion worldwide
Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer. The aim of the agreement is to reduce waiting times for orders to one to two months, approximately three times less than the industry average of three to six months. As Castlery expands... more