RMI works on fleet quality
The United States Coast Guard’s (USCG’s) has again awarded its Qualship 21 to the registry of the Republic of the Marshall Islands (RMI). In 2001, the USCG implemented an initiative to identify high-quality ships and provide incentives to encourage quality operations. ... more
A dozen for Roehlig in India
Roehlig has added two more offices in India, in Hyderabad and Vizag, to its network to meet increasing demand from the pharmaceutical, healthcare, IT, consumer goods and chemical industries. Madhumita Tripathi, managing director, Roehlig India, explains: "A team of... more
Singapore MRO company enters freighter leasing market
Singapore Technologies Engineering's wholly-owned aviation asset management unit has entered into an agreement with Singapore-based global investment company Temasek to set up a 50-50 joint venture for freighter aircraft leasing. It will address the growing demand for freighter... more
Project logistics market on the upswing
In its "BHV Project Logistics Monitor 2021", Bremische Hafen- und Logistikvertretung (BHV) reports that the majority of Bremen's project logistics companies and their customers are optimistic. For 2021, around 45% of the companies surveyed predict increasing... more
New rail technology in Eastern Russia
Russian Railways (RZD) is equipping locomotives in Eastern Russia with virtual coupling for synchronised freight train driving. With the new technology, the coordination of the locomotive driving modes takes place via a secure digital radio channel. Currently, over 300... more
Singaporean acquisition Down Under
ESR has completed the acquisition of 10% of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore for AUD 60.5 million (SGD 62.4 million / USD 46.6 million). This acquisition in Australia marks ESR’s first overseas... more
Roofing ceremony in Roermond
It's an investment from Singapore in Europe. Frasers Park in the Roerstreek-Noord industrial park in Roermond, the Netherlands, held its roofing ceremony recently. Frasers Property Industrial, which acquired the 50,000 sqm site of in November 2020, is a business unit of... more
Number of China trains doubled
Railfreight traffic between Asia and Europe continues to grow. Around 878,000 teu were transported on the New Silk Road's various rail corridors in 2020. The International Union of Railways (UIC) assumes that this figure could double by 2025. Metrans is also benefiting from... more
Smartlynx to provide widebody cargo capacity
Smartlynx Airlines Malta, an EU-based specialist in full-service ACMI aircraft leasing solutions, has extended its Airbus fleet. Currently operating an A320 and A321, the carrier has now added the A330 type as well. Five A330 will be modified to Zero LOPA by removing... more
Express service for automotive manufacturer
Priority Freight finds a time-critical logistic solution for an automotive manufacturer: The company's plant in Spain required immediate support transporting 2 t of automotive parts from Tianjin, China, in just 48 hours. When the call came in from the customer in Spain on... more