Movement kicks in
The RCEP free-trade zone established on 15 November (‘only’ online, due to Covid-19) directly affects almost a third of the world’s population. New moves in the China trade have already been initiated now, before the expected Far Eastern trade rejuvenation. more
19 million bottles
The logistics of drinks is rather delicate matter. In Thailand recently, Pernod Ricard awarded Ceva Logistics a contract it had tendered for in January 2020. One of the key services of the deal involves improved warehousing in Bang Na district of Bangkok. more
The Alliance – January sailing schedule
The Alliance, the shipping consortium made up of ONE, Hapag-Lloyd, Yang Ming and HMM, has adjusted its sailings in January to meet the needs of the new global shipping situation. Departures in almost every trade are disrupted to a greater or lesser extent; the details are... more
Cooperation between Champ and CargoAi
Air service provider Champ Cargosystems has announced a partnership with CargoAi. By connecting their systems through APIs, the partners will provide users with new connections and capabilities for the future. Champ offers increased visibility to CargoAi for its more than 100... more
ICTSI Pakistan welcomes CWX service
The port of Karachi’s Pakistan International Container Terminal (PICT), owned by International Container Terminal Services Inc (ICTSI), recently welcomed the inaugural call of a China–India link. The China–Indian west coast X-Press service (CWX), which is operated by Xpress... more
WFS welcomes Asiana Cargo at MXP
Worldwide Flight Services (WFS) has won the handling contract for Asiana Airlines’ freighter services at Milan Malpensa airport (MXP). The South Korean carrier operates three Boeing B747 freighter flights a week from the Italian cargo hub to Seoul. WFS expects to handle 15,000 t... more
New feeder service via Le Havre
A new weekly direct connection between the French port of Le Havre, part of Haropa Ports, and maritime hubs in Russia and Finland, started this morning. Cosco Shipping has reacted to recent experiences in British ports by making Le Havre central to its RFS4 shortsea... more
Lack of containers is complex, says Drewry
The maritime consultancy Drewry reports that container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, the analysis shows that this is being driven by empty container... more
Share sale raises almost USD 100 million
For the first time since 2013, the Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has raised money by the equity offering of shares. The group achieved an output of PHP 4.7 billion (USD 97 million) from the sale of 40 million common shares of the... more
K Line welcomes newbuild
K Line has taken delivery of the “Cape Ace” 100,000-dwt bulker which was completed by Namura Shipbuilding, Imari Shipyard & Works. The vessel, compliant with the common structural rules for bulk carrier (CSR-BC), has wide shallow hull shape with six cargo holds which... more