The Bahamas go for South Korea 
The Bahamas flag registry is exploring growth opportunities in Asia. To this end, it has created a representation in South Korea through an agreement with marine and logistics provider Ben Line Agencies. Captain Jahangir Hussain, regional director for Asia, commented: “South... more
How bad is the situation in Shenzhen?
In its recent analysis, Chicago-based software developer and intelligence provider Four Kites reports that China’s zero-Covid policy is having a severe impact on the supply chains across the country. At Shenzhen, normally the country’s second busiest port, a trend of sharply... more
Wan Hai's next investment
Demand for maritime cargo capacities remains high, with prices still soaring. The German Danz und Tietjens Schiffahrtsgruppe sold a vessel to the Chinese liner Wan Hai for almost USD 110 million. The German company had bought the 5,500 teu unit “Allegoria”, which was built... more
Breaking ground in Rayong, Thailand
With its partner Ratanakorn Asset Management, the FLS Group recently broke ground on its new supply chain centre in Rayong, Thailand. The 40,000 sqm site will be serving both the Maptaphut and Ban Khai industrial estates. The warehouse is intended to store hazardous... more
Maritime cyber security still underestimated
In a recent report, maritime consultant Cyber Owl and law firm HFW found that where cyberattacks in the maritime industry result in the payment of a ransom, shipowners pay more than USD 3 million on average to the perpetrators. The research is based on a survey of more than 200... more
Finnish operator banks on Trans-Caspian route
Nurminen has closed its Russian office ‘for the time being’ and is developing a Trans-Caspian route from Asia to Europe as a result of ‘extensive changes in the operating environment’ since Russia’s invasion of Ukraine. Last week Nurminen signed an agreement with the Kazakh... more
The Challenge Group and Tiaca
The Challenge Group, an international air cargo conglomerate offering airfreight handling and road-feeder solutions, recently became a member of Tiaca, the industry association based in Miami FL (USA). “We already joined Tiaca as a non-voting member in October 2021,” says... more
ECS introduces post and e-commerce solution
In 2021 the ECS Group operated 25 dedicated mail and e-commerce charters from Hong Kong to Europe and from Europe to Africa, transporting more than 200 t of post and e-commerce parcels, whilst also offering CN-flow transport solutions to postal operators through its... more