Chinese port connected to train
The container terminal in the Chuanshan port area of Zhoushan Port in Ningbo, East China, recently saw its first rail-sea intermodal train arrive. 100 standard containers fully loaded with solar PV modules were short-barged by trailers from the train to the cargo ship heading... more
ALC looking for new CEO
The Australian Logistics Council (ALC) thanks and says farewell to its chief executive officer Kirk Coningham OAM, whose last day was yesterday, 31 May 2021. Recruitment for a replacement CEO continues with the ALC board commending the high quality and volume of talent that... more
More ULCV for CMA CGM
China's CSSC Jiangnan Shipyard, an affiliate of China State Shipbuilding Corporation, has delivered another 23,000 teu dual-fuel containership to Marseille-based shipping company CMA CGM. The newbuild, CMA CGM Trocadero, is 399.9 m in length and 61.3 m in width. The vessel... more
Woody biomass in MOL's focus
MOL is planning to procure a newbuilding Panamax bulker to transport woody biomass for energy as its main cargo, especially by power companies in Japan. The new vessel’s specifications are in pre-compliance with the energy efficiency design index (EEDI), the environmental... more
Interactive pick-up in Hong Kong
The MTR Corporation, a majority state-owned company that runs Hong Kong’s Mass Transit Railway (MTR), and the Kerry Logistics Network are jointly launching a new online-to-offline (O2O) retail solution in Hong Kong, through their sub-brands MTR Shops and Kerry eCommerce. O2O... more
Russia and France to rely on hydrogen railways
Russian Railways (RZD) and French rail company SNCF have signed a roadmap for the use of trains running on hydrogen fuel cells and the systems required for their support operations. The roadmap also contains the introduction of other green technologies that male the rail... more
JD Logistics IPO is on
The logistics arm of the e-commerce group JD.com is issuing 609.2 million shares in its current Hong Kong initial public offering (IPO), which set to close on 28 May. The price per share for JD Logistics is at HKD 40.36. At this price and with good prospects on account of the... more
European high pushes up box index
The seasonally-adjusted estimate of the container throughput index published by the two German research bodies RWI and ISL for April rose by 2.4 to 127.1 points. The European ports assessed in the ‘Northern Range Index’ contributed significantly, with the latter rising by 3.5 to... more
Five more A321P2Fs from Singapore
The Aviation Asset Management unit of ST Engineering has signed a LoI to lease up to five A321 passenger-to-freighter aircraft to Global Crossing Airlines (GlobalX), a new carrier from Miami. As part of end-to-end asset management solutions, the Singapore-based company will also... more
On the box ships' renaissance
The shipyards are busy again. According to Clarksons, the order book for container ships is also on the rise. Since 2010, when 30% of the global order book were container vessels, their share of the operating fleet worldwide saw a constant downward trend to the low of 8.8% in... more