China Navigation changes its brand
The China Navigation Company (CNCo) has been renamed Swire Shipping. It is the Swire Group’s oldest operational brand. “Swire Shipping is widely recognised as the operating name of the business,” commented James Woodrow, managing director of Swire Shipping. Founded on the... more
Hermes expands India product team
Hermes Logistics Technologies (HLT), which specialises in IT solutions and cargo management systems for the global air cargo industry, has made four appointments to its product team in India. The new members of the team – Gulshan Kataria, Divya Gulati, Rohit Bhadbhade and Ganesh... more
Carrier with blue livery goes green
All Nippon Airways (ANA) is launching "SAF flight initiative", a new and dedicated initiative to reduce CO2 emissions. Designed to promote sustainable aviation fuel (SAF) by collaborating with major companies in this area, such as Kintetsu World Express, Nippon... more
Swire joins zero carbon initiative
With approx. 70.000 ships consuming 300 million t of fuel per annum, global shipping accounts for around 3% of global carbon emissions, a share that is likely to increase as other industries tackle climate emissions in the coming decades. That's why John Swire & Sons,... more
Better service between first and last mile
In China, trucking service provider Ming Zhu has signed an MoU to acquire the controlling interest of Xinjiang Feipeng Logistics, a provider of slack coal shipments for the "first and last mile" by a road-railway intermodal system based in Xinjiang. When completed,... more
Neva Baikal Shuttle launched
Russian transport company Fesco has introduced a regular container train from St. Petersburg to Irkutsk near Lake Baikal. The Neva Baikal Shuttle takes six days to reach its destination at the Irkutsk – Sortirovochniy railway station. The weekly service is expected to transport... more
Black Sea permits doubled
Member states of the Black Sea Economic Cooperation Organisation (BSEC) that are involved in the region’s truck transit permit system have agreed to significantly increase permit quotas for 2022, the International Road Union (IRU) reported. At a meeting in Istanbul and... more
Conor Brannigan promoted to CEO
Air cargo solutions company Magma Aviation has promoted Conor Brannigan, who has been in the company since July 2021, from deputy CEO to CEO. Ross Wilson, former CEO, moves to the role of strategic advisor to Magma Aviation's board of directors. Brannigan: “I am excited and... more
What if vessels collided in Tokyo Bay?
Risks at sea are growing. In October, Japanese shipping company K Line carried out the "emergency response exercise” as a part of training for emergency response to major maritime accidents. The scenario of the exercise developed when an ore carrier chartered by K Line... more
China-USA freight rates relax grip
In its current analysis, New York-based intelligence provider and digital freight forwarding company Shifl notes that China-US spot freight rates have passed their peak over the last four weeks. With Chinese manufacturers slowing down production with the off-season coming... more