MOL strong in H1/2021
In the first six months of its fiscal year 2021 (April to September 2021), MOL reported a surge in revenues by 18.7%, from JPY 485 billion (USD 4.24 billion) to JPY 597 billion (USD 5.22 billion). From a loss in the same period last year (JPY 4.2 billion/ USD 370 million),... more
ONE's first KCS service is on
Besides presenting its recent initiative – "operational excellence, customer service orientation, green strategy and the quality of employees" – during these turbulent times for the shipping industry, Ocean Network Express (ONE) is launching a new service. Its new... more
Re-connecting Australia to the world
Australia's national carrier Qantas is bringing forward the restart of its international flights by two weeks to today, 1 November 2021 after the federal and New South Wales governments confirmed borders will now reopen on that date. Qantas will operate up to five return... more
Gebrüder Weiss takes over 3S in Istanbul
International transport and logistics provider Gebrüder Weiss is taking over Istanbul-based 3S Transport & Logistik, effective 1 January 2022. The Turkish freight forwarder specialises in partial load transports between Turkey and Germany. "Logistics provider 3S... more
JV founded in Shanghai
The classification corporation DNV and the shipping branch of the Atlas Corp, the containership owner and operator Seaspan, have set up a joint collaboration space (JCS) in Shanghai. Atlas president and CEO Bing Chen explained the entity's goals. “The JCS will serve as an... more
Pharma.Aero forms advisory board
Pharma.Aero has established an advisory board consisting of four full members, each representing a segment of the air cargo supply chain: airlines, airports, freight forwarders and ground handlers: 1. Air Bridge Cargo Airlines (part of Volga-Dnepr Group), Yulia Celetaria,... more
A global halt to further delays in shipping
Copenhagen-based maritime intelligence provider Sea-Intelligence has reported on global liner reliability, covering more than 60 carriers on 34 different trade lanes. According to the analysis, schedule reliability moved sidewards in September 2021, by 0.6 percentage points... more
Rail-based B2B-Service launched
Russian Railways (RZD) has launched RZD Market, a new online marketplace for businesses that will enable buyers to find the desired products online, compare offers from different suppliers and order deliveries by rail. The company will collect proposals from manufacturers of... more
Barcelona and Busan join forces
South Korea and Spain start with the same letter; and so do Busan and Barcelona. The two ports have joined forces to promote their trade relations by inking an agreement to start a joint company and opening a Korean logistics platform in the port of Barcelona's 'logistics... more
Pirates: 97 incidents
The first nine months of 2021 saw the lowest number of pirate attacks since 1994, according to data from the recently released quarterly piracy report of the International Maritime Bureau (IMB) of the International Chamber of Commerce (ICC). According to this report, between... more