Baltic exchange audited and approved 
Since the Wirecard scandal, reliable auditing has become a major issue. Now Pricewaterhouse Coopers (PwC) has carried out the first annual audit to test the design and operating effectiveness of the Baltic Exchange’s controls for its market benchmark services. The 73-page report... more
Key to failure
In the six weeks between the beginning of March and the middle of this month, April, US Customs and Border Protection (CBP) officers in Cincinnati seized 1,196 counterfeit keys, key fobs, key fob covers and decals bearing protected trademarks of multiple vehicle manufacturers.... more
More rail links to Japan and China
Nurminen's train service has been transporting cargo from Helsinki in Finland and Narvik in Norway to various destinations in China and back. Due to the currently booming demand for such services, the company is now expanding its rail routes to Japan. The last train from... more
LNG: tool of change for shipping emissions?
A study, commissioned by industry coalitions SEA-LNG and SGMF, has put forward that greenhouse gas (GHG) reductions of up to 23% can now be achieved by using LNG as a marine fuel, depending on the marine technology employed. It is the second lifecycle GHG emission study... more
Port of Newcastle joins Shipping Australia
Shipping Australia, an association with 29 members and 40 associate members representing the country’s ocean shipping industries, recently welcomed the port of Newcastle as its newest member. The Newcastle hub, the largest port on the Australian east coast, has been... more
Flypop finally finds aircraft lessor
Having been in discussions with a number of leasing companies over the past few months, Flypop has finally signed a multiple aircraft A330-300 lease deal with Ireland-based Avolon. (Nino) Navdip Singh Judge, CEO & principal of the new British budget airline: "With... more
Hungary to become major east-west gateway
The need for fast and reliable railfreight services between Asia and Europe is increasing continuously, as clearly indicated by the record number of freight trains running between China and Europe last year. East-West Gate intermodal terminal in Fenyeslitke, Hungary and the... more
Open nose, open skies
Antonov Airlines has transported automotive parts from Indonesia and Vietnam to the USA to support increasing demand from vehicle manufacturers as plants across the states reopen. The open skies agreement between Ukraine and USA, which promotes an increase in travel, trade... more
Jumbo and SAL team up
The joint venture of Jumbo Shipping, the Dutch maritime heavy lift transport and engineering contractor, and SAL Heavy Lift, the Germany-based breakbulk and project cargo company, becomes effective today, 16 April 2021. Combining their fleets and all commercial activities,... more
Japanese expand in Belgium and Netherlands
Nippon Express Nederland, the Dutch subsidiary of Nippon Express, has opened a logistics centre in Nijmegen in the southeastern province of Gelderland. The new 200,000 sqm facility will serve as a gateway for air and ocean cargo and will cater to the company’s customers in... more