Do spot rates show the trend? 
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Menzies Aviation grows in Indonesia & China
Global aviation logistics specialist Menzies Aviation has won three contracts in South East Asia and China with Rimbun Air, My Indo and Raya Air. A new three-year contract with the fast-growing Indonesian cargo and regional passenger airline Rimbun Air will see Menzies... more
Vado Express to start soon
Maersk is launching a new service between Port Said at the Suez Canal and Vado Gateway at the Port of Genoa. The first feeder of this new service (3,000 teu) will depart from Port Said on 8 July and arrive at the Vado Ligure Terminal on 14 July. For cargo arriving from... more
Another investor for Asian portfolio
ESR, an investor in real estate assets in the APAC region, is welcoming another institutional investor on board. The Chinese investor, whose identity was not revealed, will "recap a prime logistics and industrial portfolio (total GFA over 873,000 sqm) from ESR’s balance... more
Leman chooses Bo Henrik Jepsen
Bo Henrik Jepsen is joining Leman as new group COO air/sea with extensive experience from Maersk, Kuehne + Nagel, Scan Global Logistics, Toll Global and most recently Ceva Logistics. He is married, has two children and is now moving back to Copenhagen after 14 years abroad.... more
BAL goes for expansion
According to Clarkson, the Hong Kong-registered Chinese containership operator BAL Container Line is currently also opting for newbuilds, like other liners. Two new vessels with a capacity of 14,000 teu each will be built at Jiangnan Shipyard and are expected to be ready for... more
A growing trend in container vessel capacity
There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He said: “At 1.9 million teu, the current order book... more
From Copenhagen to Hong Kong
Danish provider Scan Global Logistics (SGL) is continuing its expansion strategy and acquiring Sea-Air Logistics (SAL), effective 5 July 2022. SAL is an air and ocean freight logistics provider headquartered in Hong Kong. Nine months ago, SGL acquired SAL's longstanding... more
First flight into Asia for DHL Air UK
DHL Express has introduced a new Hong Kong – Nagoya/Chubu – Cincinnati - East Midlands route. Operating its inaugural flight to Asia, DHL Air UK commenced the service on 26 June 2022. Currently travelling three times a week, the dedicated B777F will double its frequency... more
Eddie Chang joins Geodis
Global leading transport and logistics services provider Geodis has appointed Eddie Chang as its new managing director for Malaysia. With over 25 years of experience in the logistics sector, Chang’s task will be to drive the company’s growth in Malaysia, a market that... more