Russia's fifteen projects in the Far East
According to information from the Russian news agency Tass, Russia’s Far Eastern seaports will be expanded. As statistics showed, the current annual cargo turnover of seaports in the Far Eastern Basin amounted at 131.2 million t (down 0.9% compared to the year before). It is... more
Wan Hai: more profit, new vessels
The Taiwan-based carrier Wan Hai saw its profits rise in Q2/2022 and is now investing in the expansion of its fleet. The liner's net profit rose to USD 1 billion in the second quarter, a significant uptick of almost 59% compared Q2/2023. Nevertheless, profits declined by 26%... more
Flying young birds in the South Pacific
Air New Zealand has given a helping wing to six young tūturuatu (Shore plover), relocating them from Hawke's Bay to their new home on Motutapu Island. The species is endemic to New Zealand and one of the world's rarest shorebirds. With a population of just 250, they are only... more
Six more A321F for Qantas
Qantas Freight is increasing its domestic fleet with six Airbus A321 aircraft to meet growing e-commerce demand from its customers. Since the onset of Covid-19, the national carrier’s freight division has seen a step change in cargo volumes driven partly by a structural shift to... more
EFL Global celebrates 40th anniversary
Hanif Yusoof founded Expolanka Freight as a five-man team in a 27.9 sqm office in 1982. Commonly referred to as “Expo,” the Sri Lanka-based company aligned itself with global providers by offering flexible solutions with a personal touch. 40 years later, the supply chain and... more
Newest Cargo iQ software for Cathay Pacific
Cathay Pacific Cargo in Hong Kong has implemented Cargo iQ’s newest freight planning and monitoring milestones, Freight into Warehouse control (FIW) and Freight out of Warehouse control (FOW), to enhance the visibility of the cargo during warehouse and ramp handling operations.... more
Prestigious newcomer to executive board
Hans Airways, a new long-haul hybrid airline readying to start cargo-friendly scheduled flights between Birmingham, UK and Amritsar, India, has appointed Baroness Usha Prashar, CBE to its executive board. Since 1970, Baroness Prashar has served as director, or chair, of a... more
Menzies-RAS expands in Pakistan
By acquiring a stake in Royal Airport Services, Menzies has created a strong growth platform for Menzies Aviation in Pakistan, with Menzies-RAS securing contract wins with several major carriers in the region since forming in early 2021. Menzies-RAS recently won a contract... more
Growing with additional services
RZD Logistics (RZDL) is expanding its services from the stations of the East Siberian Railway. As a first step, the logistics arm of the Russian railway company has opened a 3,500 sqm goods warehouse at the Kirenga terminal. In addition to an unloading area for 95 wagons, the... more
Investing in life sciences environment
Singapore-headquartered ESR and its JV partner have acquired a life sciences R&D business park for RMB 268 million (USD 40 million) in Zhangjiang, Shanghai (China). Formerly known as Zhangjiang NEO, the unit of almost 9,000 sqm consists of two blocks with Pharmaceutical... more