The deal is undone 
On 27 September 2021, Maersk said goodbye to its subsidiary Maersk Container Industry (MCI), which had been in business since 1991, and to the latter’s Qingdao facilities. Maersk signed and sealed the takeover agreements the China International Marine Containers Group (CIMC),... more
Enhancing Maldives Ports
In the Indian Ocean, state-run Maldives Ports Limited (MPL) has decided to enhance its terminal handling equipment. It plans to add three Kalmar T2i terminal tractors to its fleet at the beginning of 2023. MPL was incorporated in 2008 to run the government-owned ports and... more
MOL takes the gloves off
MOL will build four capesize bulkers and two very large crude carrier (VLCC) tankers which will use liquefied natural gas (LNG) as their main fuel. The Japanese company has signed a deal for the construction of four 210,000 dwt-class capesize bulkers with CSSC Qingdao Beihai... more
Intermodal transport to Qingdao
Dimerco recently transported six light civil aircraft from the USA to China, despite lockdowns, port congestion, unfavourable weather conditions and a time-critical schedule. The re-assembly of the cargo and the testing took place on arrival at Guangyuan airport, to coincide... more
UK’s Hico charms Bengal Tiger and CFS
The trust fund Hico, owned by the British Hartnoll family, has acquired all the assets of Bengal Tiger Line (BTL) from CMIA Capital Partners, formed in 2017. With initial roots in Hamburg (1986), registration was subsequently transferred to Cyprus before BTL moved to Singapore... more
DHL Express partners with Singapore Airlines
International express service provider DH has welcomed the arrival of its new Boeing 777 freighter at Singapore Changi Airport. The freighter, which sports a dual DHL-Singapore Airlines (SIA) livery, has a maximum capacity of 102 t. SIA will operate it on routes to USA via... more
Benno Hägler promoted to COO of M+R Spedag
Benno Hägler has been appointed COO Switzerland of M+R Spedag Group and M+R Spedag Horizon. He has led the sales department for the last few years and now, as COO, he will also oversee the continent, overseas and customs business units, reporting directly to the group CEO.... more
Guardians set for change 
Restraint practiced by cartel authorities could soon come to an end. The cycle of mergers and acquisitions is continuing in the logistics industry. GXO wants to finalise its purchase of Clipper Logistics in the UK by the end of this year. Antitrust authorities’s green lights... more
China launches another Southeast Asian service
A new train links China’s northwestern province of Shaanxi with Vietnam. The first train left Xi’an on Tuesday, 23 August 2022, marking the first China–Vietnam freight train route connecting Shaanxi and Vietnam, according to the Chinese government’s homepage. The train is... more
Australian all-rounder under Bolloré’s flag
Lynair Logistics in Australia has been taken over by Bolloré Logistics, effective 1 August 2022. Lynair, which is based in Adelaide, will retain its brand name temporarily and continue its business operations as usual following the acquisition. Established in South Australia... more