ONE's volumes on the rise 
The Japanese carrier Ocean Network Express, which is headquartered in Singapore, forecasts strong results for 2021. In Q3/2021, ONE's profit increased to USD 4.9 billion compared to the same period last year (+USD 3.945 million) mainly due to the rise in the spot freight market.... more
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more
Gazprom trials LNG-powered locomotive
Sinara Transport Machines Holding (STM) has received the Russian certificate of conformity for the TEMG1 shunting locomotive with two power plants running on liquefied natural gas (LNG). The new locomotive has successfully passed all the necessary certification tests for... more
Bengaluru 2021: highest-ever cargo tonnage
Kempegowda Intl Airport, Bengaluru (BLR Airport) handled an all-time high tonnage of 406,688 t of cargo in 2021, recording a significant growth of 28.6% versus 316,305 t in 2020. International cargo recorded an increase of 32.8% with 265,873 t handled, as compared to 200,209... more
Changes at Mitsui O.S.K. Lines
Mitsui O.S.K. Lines, (MOL; president & CEO: Takeshi Hashimoto) is planning several promotions in its management team. The changes are subject to approval at the annual shareholders’ meeting which will be held on 21 June 2022. MOL will establish the position of “group... more
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... more
China Airlines: Building on cargo success
China Airlines is purchasing four more new Boeing 777F freighters, which will eventually bring the fleet to ten aircraft in total. The deliveries are slated to commence in 2023 and six 777F freighters have progressively entered service since 2020. China Airlines is the fifth... more
Road congestion strengthens rail in Asia
DHL has seen significant uptake with its 2021 launched daily connection between Kunming, China and Vientiane, Laos. The rail service shortens transit time between these two destinations to about 20 – 24 hours, compared to 20-30 days with the present heavy traffic on the... more
New LNG units for PIL
Pacific International Lines (PIL) is investing again. According to the local press in Singapore, the liner has ordered four newbuilds. Currently, two 13,000 teu LNG units are confirmed, and another two are in the pipeline. The vessels will be built at Jiangnan Shipyard.... more
M&M expands into southwest China
The Militzer & Münch group, which is headquartered in St Gallen (Switzerland) opened a new office in Chongqing in southwestern China on 4 January 2022. It's the company’s eighth location in the country. The municipality of Chongqing, the economic centre of southwestern... more