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
Asia-Europe rail service added
The Mediterranean Shipping Company (MSC) has launched a new intermodal solution between Asia and Europe combining both sea and rail services departing from China, Korea and Japan Russia to Europe. The train runs through Russia, passing Vladivostok and Vostochniy with further... more
Expansion pays off
Container transit on the Russian Railways' network along the China – Europe – China route increased by a factor of 2.2 in Q1/2021 compared to the same period last year, rising to 162,600 teu. Shipments of loaded containers increased by a factor of 2.1 to 151,500 teu, which... more
Daily services to China's southern ports
Cargo-partner has introduced a new intermodal service combining rail and ship transport to link Europe with China and the countries in southeast Asia. The consignments are collected from 13 provinces in the Chinese hinterland and carried by train via Chongqing to the... more