Karachi: new gateway for Uzbekistan 
It is a first for the Pakistan International Container Terminal (Pict), an affiliate of the International Container Terminal Services (ICTSI) operating in the Port of Karachi. It has just handled the first export shipment from Uzbekistan. The cargo was transported by land to the... more
ARA picks David Blight
ARA Asset Management (ARA) has appointed David Blight as chief investment officer of its private funds division, ARA Private Funds (APF). The appointment follows ARA’s recent acquisition by ESR (ESR Group) in a landmark transaction creating Asia Pacific’s largest real asset... more
Cargo Ai partners with Air Cargo Inc.
Cargo Ai is entering a new strategic partnership with Air Cargo, the oldest and largest network of air freight cartage agents providing first and last mile services to the air cargo industry in North America since 1941. The partnership will provide freight forwarders and their... more
Which cure for the maritime crisis?
Four government advisors and decision makers representing four global regions were present on Fiata's panel entitled “Moving Forward: What are the Solutions to the Maritime Crisis”, a side event of the Fiata HQ Meeting in Geneva on 20 May 2022. Together, they examined how... more
Ten locomotives to add haulage capacity
More than AUD 50 million (EUR 33.4 million) for new locos to support growth in high-demand commodities: Aurizon has received the first batch of four locomotives from manufacturer UGL. The remaining six units will be commissioned in coming months to transport copper, lead, zinc,... more
After Bangkok, back to Hong Kong today
Today, 1 June 2022, IAG Cargo is restarting its cargo-only services between London Heathrow and Hong Kong. Together with the four-times weekly flights to Bangkok, which IAG Cargo restarted on 24 May, these daily flights are responding to the continued acceleration of consumer... more
ONE also expanding its fleet
Another round of ten Very Large Container Ships (VLCS) is in the pipeline. The Ocean Network Express (ONE), headquartered in Singapore, recently inked two ship building contracts at the same time. One contract was signed with Hyundai Heavy Industries, the second with Nihon... more
Genk's new logistics centre operational
It is the group’s fourth business location in Belgium. Nippon Express Holdings recently launched the Genk Logistics Centre in Genk Green Logistics Park in the Eastern part of the country. The new centre is adjacent to the terminal port for barge transport from the port of... more
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