BLR Airport sets a new record in FY/2022 
Kempegowda International Airport, Bengaluru (BLR Airport) recorded its highest-ever cargo tonnage in financial year (FY) 2022, despite challenging circumstances due to multiple Covid waves. BLR Airport processed an all-time high tonnage for a fiscal year since airport... more
MSC going for more mid-haul units
The Mediterranean Shipping Company (MSC), the carrier with the highest maritime container capacity worldwide as of January 2022, is banking on more newbuilds. According to press reports, fourteen new 7,000 teu units have been ordered on Chinese wharfs, an investment of... more
Did piracy take a break?
There is a moderate reduction in piracy activities worldwide, as the International Maritime Bureau (IMB) reports in its latest study. The IMB is a department of the Paris-based International Chamber of Commerce. The reported incidents declined by 2.6% from 38 to 37 in... more
Two new clients in Shanghai
Arvato Supply Chain Solutions has won two new contracts in the e-commerce sector in China: One of the new customers is the American nutritional supplements brand GNC. The second new e-commerce client at Arvato Shanghai's logistics centre in Qingpu is an up-coming Chinese... more
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Priority options from Cathay Pacific Cargo
Cathay Pacific Cargo is introducing a suite of priority options, offering dedicated booking tiers tailored to cargo shipments. Priority provides greater choice and better-defined service options to customers: speed, capacity and assurance for every shipment. The priority... more
MAG’s performance improves by 60%
Malaysia Aviation Group (MAG) achieved positive ebitda (earnings before interest, taxes, depreciation, and amortisation) of +MYR 433 million (USD 102 million), compared to -MYR 1,761 million (-USD 405 million) a year ago, reducing its loss for the financial year ended 31... more
ASEAN rail-road cross-border service launched
Nippon Express has launched a new service linking up China and neighbouring ASEAN countries via rail and truck transport. This service includes the transports of cargo by rail between Kunming, China and Vientiane, Laos and then by truck from Vientiane to Thailand and other... more
More LNG for Yang Ming
Taiwan-based shipping company Yang Ming will equipped five new 15,000 teu container vessels with dual-fuel LNG power. In a press release, Yang Ming described LNG as a "mature low-carbon alternative" to regular fuel, reducing each unit's gas emissions' footprint by 20%.... more