Lucky Aviation makes Angolans happy
Taag Angola Airlines has signed a commercial agreement with the Chinese aviation group Lucky Aviation, "valued at approximately USD 200 million." The operation is leveraged on a charter contract basis exclusively for the transport of cargo, mainly raw materials,... more
China already recovering?
There is a silver lining on the horizon. Volumes at the Port of Shanghai have increased since mid-May, Chicago-based intelligence provider Four Kites report. At this stage, the 14-day average ocean shipment volume is down only 4% compared to 12 March (the day before... more
Another intra-Asian service
Singapore-headquartered Pacific International Lines (PIL) is introducing a new weekly direct intra-Asian service that will connect ports in China, Korea, Thailand, and Vietnam. TPIL will deploy a group of vessels with an average capacity of 2,000 teu on this route. PIL's... more
250 trucks for bread deliveries in Zimbabwe
Mitsubishi Fuso Truck and Bus Corporation has signed a large fleet deal in Zimbabwe. With the agreement, 250 Fuso trucks will be integrated into the fleet operated by Baker’s Inn, a major brand of baked goods. The first 50 vehicles were recently delivered in a handover... more
Xie Xingquan to lead Iata in North Asia
The International Air Transport Association (Iata) has appointed Xie Xingquan as its regional vice president for North Asia. Xie has held various appointments in China, Canada and Singapore during his 24 year career in the aviation industry. Xie was director of the policy,... more
Rising in the rankings
The Palau International Ship Registry’s (PISR) has risen in its ranking within the Paris memorandum of understanding (PMOU) Flag State performance list in the first half of 2022. As of 1 July 2022, PISR lies at the top third tier of the Grey List of flag states. This... more
Driver shortages to jump to 40%
Unfilled commercial driver positions continue to increase at alarming rates across the globe, as the annual driver shortage survey by the International Road Union (IRU) shows. Surveying more than 1,500 commercial road transport operators in 25 countries in the Americas, Asia... more
Second of six sisters tests the water
For Evergreen, it is the second unit of its new class of ultra-large containerships (ULCV) to be recently floated out from CSSC's Hudong-Zhonghua shipyard. The vessel is part of Evergreen Line's newbuilding series. As now has been reported, the new vessel named “Ever Aria”... more
Improving connectivity between Asia and Europe
Fedex Express, a subsidiary of Fedex Corp., is launching a new route between Asia and Europe to improve connectivity and service reliability for customers in North Asia, including China and Japan. Customers in Singapore will also benefit from additional inbound capacity from... more
ESR takes first step in Yokohama
Hong Kong-headquartered asset manager ESR has finalised the construction of ESR Yokohama Sachiura Distribution Centre 1 in Greater Tokyo, which forms the first phase of the future ESR Yokohama Sachiura Logistics Park. This park, a multi-phase development that will provide... more