ESR raises one billion dollars 
ESR, a major APAC focused logistics real estate platform, has upsized its first sustainability-linked loan (SLL) to USD 1 billion after its first close in early November 2021. Taking its inaugural step into sustainable financing, the group announced that it had secured its... more
Two Airbus A400M for Indonesia
Indonesia’s ministry of defence has placed an order for two Airbus A400M aircraft in multirole tanker and transport configuration. The contract, effective in 2022, will bring the total number of A400M operators to ten nations. The agreement includes a complete maintenance... more
CMA CGM: another big investment
CMA CGM has contracted the South Korean Hyundai Mipo Dockyard (HMD to build a series of ten 2,000 teu ice-class vessels. The vessels will run on dual-fuel engines and can therefore rely on liquefied natural gas. The order was said to be worth a specific USD 627 million.... more
North Vietnamese terminal hits the mark
In Vietnam, Tan Vu terminals at the Hai Phong Port in Dinh Vu Industrial Park handled its one millionth teu in mid-November. While the ports in southern Vietnam tend to be the busiest, this is the first time a port in northern Vietnam has handled one million teu in a year,... more
Four Eurasian operators honoured
Recognising excellence and best practice across a range of areas, including economic performance, corporate social responsibility and the environment, the International Road Union allocated the Best Eurasian Road Transport Operator awards 2021 to four road transport operators in... more
Serving ho, ho, Hobart again
Hong Kong's Cathay Pacific Cargo is reintroducing its seasonal charter service to Tasmania for produce from both land and sea originating in Australia's smallest state. The first flight is departing its capital Hobart today, 29 November 2021, and services, with refuelling in... more
Three weeks to express interest
M&A consultancy Falkensteg, based in Düsseldorf, has been commissioned to find one or more investors for the Frankfurt-Hahn Airport Group or its assets including real estate. The southwest German airport has, among other things, various operational properties and... more
Wartsilä: new ship technology for fuel conversion 
Technology group Wärtsilä is launching its two-stroke marine engines to future fuels with zero or low carbon emissions on the market in Q1/2022. MSC's fleet management division was a partner in this project. According to Wärtsilä, the new technology is "an important... more
PIL: earlier USD 1 billion payback
Record freight rates continue to impact the high sea shipping industry. In Singapore, Pacific International Lines (PIL) has announced that PIL will be making an early repayment to creditors who were subject to the scheme of arrangement (scheme) which PIL entered into as part of... more
Two fly high
Flypop has partnered with Hi Fly airline to meet international cargo demand and commence its zero LOPA cargo operations. Hi Fly is the world's largest wide-body aircraft wet lease specialist with AOC’s in Portugal and Malta, and licensed to operate globally. The airline runs a... more