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
A new giant in Southampton
The first unit in a new generation of HMM ships has docked at DP World’s container terminal at Southampton. The HMM “Nuri” is the first of eight 16,000 teu class mega-ships to sail the Asia and North Europe trade lanes. This vessel’s port rotation includes Busan, Shanghai,... more
Train carries new vehicles over 4,700 km
Russian Railways Logistics (RZDL) recently transported new vehicles of Russian manufacturer GAZ from Russia to Central Asia by rail. The nine buses and five cars were conveyed on universal platforms over more than 4,700 km from St. Petersburg (Russia) to Ashgabat in... more
More A330 freighters for Mexican carrier
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has reached an agreement with Mexico-based Mas Air Cargo Airline for the lease of two A330-300 passenger-to-freighter (P2F) aircraft, marking the lessor’s first-ever lease transaction with... more