Cloudy in Thailand, sunny in the Philippines 
Thai Air Asia X, a low fare long haul carrier within the Air Asia Group, has suffered too much under the pandemic travel restrictions and filed for rehabilitation process while assuring that there will be no impact on its operations. On the other hand, Air Asia Philippines... more
Index shows clear decline in China
In April 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) declined to 122.8 points from 123.3 points (seasonally adjusted) the month before, according to the latest flash... more
Asia expansion for Mycrane
Mycrane, a Dubai-based digital disruptor for the cranes and construction sector, is to roll out the world’s first online crane rental platform in three key Asia-Pacific (APAC) markets, following the signing of a franchise agreement covering Singapore, Thailand and Indonesia.... more
Is the middle corridor sustainable?
Because of security risks, sanctions and payment problems caused by geopolitical events, many suppliers and manufacturers prefer not to send their goods from China to Europe via Kazakhstan, Russia and Belarus to the route’s main transhipment terminal in Malaszewicze (Poland).... more
On how a carrier can buy back stocks
At its 2022 annual general meeting, Evergreen International, a corporate shareholder (4.96%) in Evergreen Marine, launched a request via its representative, lawyer Chu-chun Wu. He said that "Evergreen Marine should buy back stocks in the form of "treasury stocks"... more
God save ‘the queen of the skies’ 
Stories and history of the magnificent Boeing B747. more
Air India welcomes Campbell Wilson
Tata Sons has announced Campbell Wilson’s appointment as CEO & managing director of Air India. The Air India board has approved the appointment subject to requisite regulatory approvals. Wilson brings 26 years of aviation industry expertise in both full service and low-cost... more
Thai and PTT planning air cargo feasibility study
Thai Airways International and the Petroleum Authority of Thailand (PTT) have signed a memorandum of understanding to conduct a feasibility study on air cargo business partnerships. Auttapol Rerkpiboon, PTT president and CEO, and Suvadhana Sibunruang, acting CEO of Thai,... more
Seaspan's growing order book
The Hong Kong-based Seaspan Corporation, an affiliate of the Atlas Corporation, is planning to acquire more newbuilds. Its agreement with "a major shipyard" that was not specified, includes the order of four 7,700 teu dual-fuel liquefied natural gas containerships. The... more
More cash for ESR
The APAC-based real asset group ESR Cayman Limited (ESR) recently secured a loan of SGD 300 million (USD 218 million), with an option to upsize it to SGD 500 million (USD 364 million). Asian banks like the United Overseas Bank (UOB) and the Malayan Banking Berhad (“Maybank”)... more