Scrapping of vessels at historic low 
The Junio Cargo Analyst Joey Daly has analysed the changes and trends in the shipping industry's demolition market, making use of data of the maritime intelligence provider Vessels Value. It is striking that the need for capacities in the container and bulker markets led to a... more
Reaching Manila by barge instead of truck
Manila-headquartered International Container Terminal Services, Inc. (ICTSI) is building up its Cavite Gateway Terminal (CGT) in the province of Tanza, Philippines. The terminal and port operator recently invested yard and wharf operations with the deployment of additional... more
Toyota chooses Stuart Reilly
Toyota Material Handling UK (TMHUK) has appointed Stuart Reilly to the position of rental & used director. With more than three decades’ experience of the materials handling industry, Reilly has been with TMHUK for over 20 years, during which time he has held leadership... more
Expanding framework for Indian waterways
Improving the safety of the inland waterways is a constant issue in India. Now that the inland vessels act 2021 was passed by the Indian parliament, the Indian Register of Shipping has drafted ten different rules in consultation with ministries, state governments, and various... more
Brookes Bell picks Caroline Young
Brookes Bell, a multi-disciplinary technical and scientific consultancy, has hired a technical sales executive for The Lab, its independent advanced testing and inspection facility which opened last year. Before joining Brookes Bell, Caroline Young worked for ITP Energised... more
Four lifting experts join Mycrane
Mycrane, the world’s first digital platform for the search and selection of cranes, has chosen four experienced executives to strengthen its team. Joining the global B2B platform, all with many years of experience in the lifting industry, are: Erik Altena (top left) as head... more
GMCG Global welcomes Nandlal Aher
GMCG Global, a maritime consulting group, has named Nandlal Aher managing director for India and East Africa to strengthen its presence in the region. As part of his new role, Aher will also be responsible for the company’s offshore division as its new global head. He brings... more
Certification for new tank car model
Freight car manufacturer United Wagon Company (UWC) in Russia has been granted a certificate from the federal railway certification register for its new model of tank car for transporting chemicals. The first batch of freight cars, destined for transportation and logistics... more
Raising funds for development in Vietnam
After entering the Vietnam market in 2020 through a strategic joint venture with SLP Singapore and Ho Chi Minh City, real estate developer GLP has now set up the GLP Vietnam Development Partners I (GLP VDP I) with an investment capacity of USD 1.1 billion. The fund has... more
Airbus: aircraft lifecycle centre in China
Airbus has signed a memorandum of understanding (MoU) with the city of Chengdu and Tarmac Aerosave for the development of the first sustainable aircraft “lifecycle” service centre in China. This facility will offer sustainable solutions to manage the entire lifecycle of... more