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
Yang Ming's fleet growing
A charter is the most recent newcomer in Yang Ming's fleet. The new 11,800 teu container vessel, “YM Throne”, belongs to Shoei Kisen Kaisha and was built by Imabari Shipbuilding. The naming ceremony took place at Imabari Hiroshima Shipyard, while Yang Ming’s attendees joined the... more
Enhancing a niche market
In addition to the transportation of automobiles across Kazakhstan for Toyota Motor, Gebrüder Weiss is now also handling replacement parts distribution and warehousing for the Japanese automaker’s dealers in Almaty. In 2021, Toyota sold around 14,000 vehicles there – equivalent... more
Solution to improve container use
The Azerbaijani transport company ADY Container recently carried out a new intermodal transport from Azerbaidjan to China for aluminium producer Azeraliumium using the Trans-Caspian transport route. The block train runs from Ganja to Pinguyan and transports 50 forty feet... more
MOL sets two sorts of sails
MOL will equip a second bulk carrier with a system to harness wind power to propel the vessel. MOL Drybulk will operate the vessel with the “Wind Challenger” hard sail system, which will transport wood pellets for its customer Enviva, a major producer of sustainable wood... more
Changes at the helm of Rhenus Air & Ocean
Jan Harnisch (left) and Tobias König (right) have been named as the new global Co-CEOs for Rhenus Air & Ocean. Harnisch joined Rhenus as a business development manager in China in 2012 before moving to Singapore to take up the role of regional product ocean freight head... more
Swiss transport group expands in Turkey
Interrail, a rail transport services provider headquartered in St Gallen (Switzerland), has opened an independent operating company in Turkey. The new company is registered under the name InterRail Uluslararası Nakliyat ve Lojistik Hizmetler T.A.S. and is based in Istanbul.... more
CargoAi hires experienced talents from Iata
CargoAi, a provider of digital solutions for the air cargo industry, is welcoming two new strategic additions to its team: Veronica Ibarra joins the company as its vice president of operations. She will be based in Miami. Her task will be to strengthen CargoAi’s North American... more
Chinese ports coming back
In June 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) grew to 126.1 points from 124.9 points (seasonally adjusted) the month before, according to the latest flash... more
Cathay Pacific: first on new third runway at HKIA
Cathay Pacific operated the very first commercial flight to land at the new third runway of the Hong Kong International Airport (HKIA) a month ago. The landing of flight CX3251 from Shanghai (Pudong), operated by a Boeing 747-400F freighter was conducted as part of the operation... more