Big investment in China-Europe fleet
Rolling stock operator RB Group has ordered of 3,600 container flat cars from Russian manufacturer UWC. The freight cars will extend the group’s fleet of 1,500 flat cars and will use them for the China-Europe traffic. The chosen 13-6903 model has a length of 24.4 m and a... more
Doubling its size in Singapore
The demand is there. Aerospace logistics company B&H Worldwide is doubling the size of its operation in Singapore. The new facility is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport. It will provide significant additional... more
Distributing vaccines in the islands
Cebu Pacific flew another batch of Covid-19 vaccines last Friday, 16 April 2021. This shipment of 35,080 doses was the fourth for the province of Tuguegarao, situated in the northern part of the Philippines, while Puerto Princesa's shipment with 6,400 doses was the second flown... more
Indigo to take Spicejet's path
Indigo - India’s largest carrier in terms of fleet size (280+ aircraft) and flights operated (1,200 daily) - has signed a LoI with a lessor for 2+2 A321ceo to be converted into a full freighter configuration. The initiative tries to make best use of the airline's natural... more
Ships' values soar
It is indeed a record. According to data from Clarkson Research, the value of the global merchant fleet has surpassed a trillion dollars in April due to rising prices for second-hand ships, especially in the container and bulk sectors. The broker's general second-hand price... more
Last mile service for pipe transport
Russian Railways Logistics (RZDL) is transporting steel pipes for the building of the gas mains in the Samara Region in Russia. As part of this project, the logistics provider offers a “last mile” service comprising the reception of freight at the Syzran 1 station, the... more
AAL's Asia-Americas Trade lane scores
The multipurpose and project heavy lift carrier AAL Shipping (AAL) transported a heavy lift barge from Taicang, China to Papeete, Tahiti On its ‘Asia – Americas Trade Lane’. The barge weighed-in on hook at 410 t and measured over 53 m in length and 3,657 cbm, and was stowed... more
Rail service for Indian car manufacturer
In order to meet increasing demand from India's automotive sector, Maersk and its partner, intermodal operator Gateway Rail, have launched an "automotive express" service. This new train runs weekly from the Garhi Harsaru Inland Container Depot (ICD) in Gurugram to... more
Big money for ESR
Asia Pacific focused logistics real estate platform ESR Cayman has just entered into a new agreement for a USD 400 million unsecured term loan facility. It consists of a three-year tranche of USD 267 million at Libor plus 2.75% and a five-year tranche of USD 133 million at Libor... more
WHL launches CI8
Wan Hai Lines (WHL), founded in 1965 with a focus on Taiwan, Japan and Southeast Asia, is extending its intra-Asia and West India network by launching a new weekly service between South China – Vietnam and West India (China West India Nr.8/ CI8). The service will be operated... more