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
Mining transport contract extended
Mining company Lynas Rare Earths has signed a new five-year transport and logistics services contract through to 2026 with Aurizon. Australia’s largest railfreight company has been providing transport services to Lynas since 2015, moving rare earth concentrate from Mount... more
Dedicated warehouse in Malaysia
A new chemical and dangerous goods warehouse has come on stream in Port Klang, Malaysia. Leschaco recently opened the facility that has a floor space of 36,500 sqm on two levels in which up to 13,000 pallets of chemical products and hazardous materials can be stored.... more
Kale Logistics picks Vikram Bansal
Kale Logistics Solutions (Kale), a global IT solutions provider to the maritime and air cargo sectors, has named Vikram Bansal (right) as its new chief technology officer (CTO). He has over 20 years’ experience as an IT professional, working in leadership positions with... more
DHL GF: Covid-19 antiviral pills for South Korea
DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, has been tasked to bring the newly approved Covid-19 antiviral pills to South Korea to support the country’s fight against the pandemic. The logistics group has been heavily involved in the... more
Elephant locomotives en route to West Africa
Sinara’s affiliate STM Trading House has begun the delivery of six 882 kW TGM8A Elephant diesel locomotives to Compagnie des Bauxites de Kindia (CBK) in Guinea, a West African plant of the Russian aluminium company Rusal. The first batch consists of three locomotives, of which... more
Flypop's second zero LOPA widebody
After welcoming a first widebody aircraft two months ago, Flypop is putting its second aircraft into service for cargo operations this week. It has been partnering with Hi Fly airline for zero LOPA cargo operations over the past few months to meet growing international demand.... more
Driving decarbonisation
DB Schenker has joined the International Road Transport Union (IRU) as its newest corporate member. The logistics operator aims to work more closely with the wider road transport sector on a range of issues and opportunities, including decarbonisation, digitalisation and the... more
It is not only the carriers
Singapore-based PSA Group from Singapore set a new global record in 2021. Its container volumes handled globally amounted to 91.5 million teu, a surge of 5.6% compared to 2020. The flagship port complex PSA Singapore contributed the lion's share with 37.2 million teu... more