Cargotec - Konecranes merger revisited 
The European Commission, which recently started a phase II review of the merger between Cargotec and Konecranes, decided to open an in-depth investigation to assess the project under the EU merger regulation. The message is clear: "The Commission is concerned that the... more
Flying three fire trucks on one AN-124
Antonov Airlines has safely transported three Rosenbauer Panther 6x6 fire trucks, weighing 21 t each, on a single AN-124-100M-150 flight from the Middle East to Central Asia. The carrier's team managed to find a solution within a week to get the trucks to destination after a... more
2,000 mineral hopper cars ordered
In Russia, Euro Chem and freight car manufacturer UWC have signed a contract for the supply of 2,000 new generation hopper cars for mineral fertilisers. All the relevant agreements are set to be fully implemented by June 2022, with the complete batch of railcars to be dispatched... more
Peters returns to logistics sector
Lineage Logistics, a USA-based temperature-controlled industrial REIT and logistics solutions provider, has appointed Harld Peters as SVP Europe. He brings extensive experience leading technology-driven transformation and accelerated growth, most recently serving as... more
"Ever Given" now free to go
As the Suez Canal Authority (SCA) confirmed recently, it has agreed on a settlement for the compensation it is demanding from the owners of the mega container vessel "Ever Given". Details of the transaction with Shoei Kisen Kaisha, the Japanese owner of the ULCV,... more
Schedule reliability: no surprises
According to the latest figures published by Copenhagen-based maritime consultancy Sea-Intelligence, big liners’ schedule reliability declined by -0.2 percentage points to 38.8% in May 2021. Compared to the same period last year, schedule reliability was down a drastic -36.0... more
Air cargo between two Olympic host cities
After launching a new freighter service between Beijing (PEK) and Tokyo (NRT) last Friday, 2 July 2021, All Nippon Airways (ANA) is operating the second of this new twice weekly service today. The B767F was selected in response to increasing e-commerce and demand for PC-related... more
Steel factory orders Russian locomotives
Russian manufacturer Sinara will deliver five up-to-date TEM10 series shunting diesel locomotives to the Magnitogorsk Iron and Steel Works (MMK). The TEM10 with electric transmission and 1164 hp output is equipped with two drive systems based on Volvo Penta diesel engines... more
Laurels for RMI
The ship registry of the Republic of the Marshall Islands (RMI) has achieved a ranking in the top three on the white list of the Paris Memorandum of Understanding (MoU), as reflected in the Paris MoU’s Annual Port State Control Report, released on 1 July 2021. Currently, it is... more
IRClass appoints Vijay Arora
At the Indian Register of Shipping (IRClass), an international ship classification society providing ship classification and certification as well as technical inspection services, Vijay Arora took over the helm as managing director on 1 July 2021. This appointment follows... more