VCFI reports stabilised growth 
The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the port of Valencia (Spain), closed the year with a 4.14% increase in December compared to November. This rise continues the trend of the last... more
A drop in times of overflow?
The Chicago-based maritime intelligence provider Project 44 recently analysed the latest developments in ocean shipping and gave its outlook for 2022. Despite a steady decline in teu capacity occurring during H1/2021, port conditions deteriorated. In December, though, port... more
PVG prepares for returning volumes
Shanghai Airport Authority, which is still hoping to welcome exhibitors and visitors of Transport Logistic China and Air Cargo China, scheduled 15-17 June (while Air Cargo India, initially planned to take place from 22 to 24 February in Mumbai, seems to have been postponed to... more
RZD and Russian Post extend cooperation
Russian Post and FPC, a subsidiary of Russian Railways (RZD), have entered into an agreement on running mail vans with passenger and post & baggage trains for the next three years. The companies plan to organise multimodal services for Russian Post deliveries along... more
New trends in ship recycling
P.T. Marcopolo Shipyard, a subsidiary of the Singapore-headquartered Marco Polo Marine, has ventured into green ship recycling, to help shipowners recycle their end-of-life ships in a safe and environmentally sound manner. In addition to being awarded the permit by local... more
Taiwan's national carrier sets new cargo record
2021 proved to be the best-ever year in the 62-year history of the China Airlines cargo team. Even as the impact of Covid-19 was felt all around the world, China Airlines switched to a cargo-centric business model that put its fleet of 21 freighters, including three newly... more
Philippos Philis is ECSA's new president
At its general assembly, ECSA (European Community Shipowners' Associations) elected Philippos Philis as its new president for a two-year term, with Karin Orsel as new vice-president. Philippos Philis founded Lemissoler in 1996 and has been chairman and CEO of the shipping... more
Advantages of a regional airport
To kick off the new year, Paderborn/Lippstadt Airport (PAD) is implementing another major cargo project. After the aid delivery of medical protective equipment to Namibia in July last year, Emotive Systems, based in Paderborn, now had three wide-bodied freighters of the Turkish... more
Evergreen's building big in China
The next ULCV is ready for service. Hudong Zhonghua Shipbuilding, a division of China State Shipbuilding Corp (CSSC), recently floated Evergreen Line's newest containership, the "Ever Alot." With an estimated capacity of 24,004 teu, it will set another mark... more
Powerful engines for heavy terminal operations
STM Trading House, part of the Sinara Group, has signed contracts for the supply of new generation TEM14M shunting locomotives to port terminals in Khabarovsk and Novorossiysk (both in Russia). The first locomotive has already been sent to Daltransugol. The unit will provide... more