Changes at Mitsui O.S.K. Lines 
Mitsui O.S.K. Lines (MOL; president & CEO: Takeshi Hashimoto) has announced the following changes: Yoshiro Sakamoto, former general manager, secretaries & general affairs division, has been named general manager of legal division, effective 21 June 2022. Masaaki... more
More capacity on the ground and in the air
A Boeing B767-300 has arrived in Singapore for a P2F conversion to be carried out by ST Engineering. It will subsequently join Icelandair Cargo in October. The aircraft will be acquired on lease from AerCap, which had previously leased it to TUI Airways. Another converted... more
U-Ming Marine investing for Taiwan
The U-Ming Marine Offshore Company (Umo), a Taiwanese joint venture, has acquired two second-hand crew-transfer vessels (CTVs). The JV between the U-Ming Marine Transport Corporation, established in 1984, and World Marine Offshore, from Denmark, completed their reflagging... more
Changing its modal split 
The carrier ONE to make use of Metrans intermodal services. more
Mining company tests electric locomotives
Vale, a mining and logistics company based in Brazil, has received its second 100% electric and battery powered locomotive. Manufactured in China by CRRC Zhuzhou Locomotive, the unit will initially operate in the Ponta da Madeira Terminal's switchyard in Sao Luis. Its batteries... more
Cosco still doing fine?
The first quarter of 2022 could be the calm before the storm for Cosco Shipping Ports. Throughput moved sidewards compared to Q1/2021, amounting to 30.3 million teu, a slight increase of 0.3%. Yet, revenues surged by 21.4% to USD 329.7 million on the back of "effective... more
UPS picks Ufku Akaltan
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Opening new ways to Volga-Dnepr Airlines
Following the recent agreement between the administration of Moscow and the Volga-Dnepr Group, Volga-Dnepr Airlines operated its first Moscow-Delhi-Dhaka flight and return. On the outward leg, the Russian cargo airline's IL-76 brought 18 t of metal components for export to... more