BDI flying high
The Baltic Dry Index (BDI), the main index of the international dry cargo freight market, has maintained its upward trend for five consecutive sessions and recently surpassed the 2,000 point barrier, reaching 2,097 on 7 October. This is the highest mark since September last... more
China to Slovakia train relaunched
Trans Eurasia and Metrans, together with partners from Ukrzaliznytsia, TransContainer and ZSSK Cargo have renewed the regular weekly train connection between Xian in Chian and Dunajska Streda in Slovakia. The first – renewal – train arrived at the Metrans terminal in... more
Highest box exchange in VICT so far
The job has been accomplished - with or without the cyberattack. At the Port of Melbourne and Victoria International Container Terminal, the ANL operated "CMA CGM Ural" with a nominal capacity of 10,622 teu has broken another record with the highest teu exchange in one... more
K Line delivers donations to San Salvador
The Japanese carrier K Line, part of the ONE network, recently received the letter of appreciation for providing free ocean transportation of fire engines and ambulances donated to the Republic of El Salvador. The vehicles were donated by Japanese municipalities. Since 2014,... more
ITJ Video News – 8 October 2020
This week’s ITJ Video News features the New York Shipping Exchange, Quito international airport, the PTV group’s David Goh, Slovenia’s Primol-Rail, and one of the UK’s fastest-growing companies, the Europa Worldwide Group. (ah)... more
"Luna Rossa" ready to compete
After the second ship, with which the Italian challenger Luna Rossa Prada Pirelli Team will compete in the next America's Cup, landed in Auckland (New Zealand) on 5 October 2020, all participants –title holder Emirates Team New Zealand, Ineos Team UK as well as American Magic... more
New chairman and CEO for Yang Ming
The Taiwanese shipping company Yang Ming Marine Transport Corporation has elected Cheng Cheng-Mount to succeed Hsieh Chih-Chien as its chairman and CEO with effect from 1 October 2020. Cheng Cheng-Mount was the chief economist at Citibank Taiwan, the president of the Academy... more
Further boost for express China rail service to UK
With China’s Golden Week holiday in full swing, the ongoing issues affecting ocean freight container imports into the UK from the Far East is making forwarder Davies Turner’s overland service more attractive. “Schedule disruption, ongoing delays in vessel discharge, loading... more
Joint depot company founded in Port Klang
Yang Ming Marine has jointly set up a joint venture depot company named Jambatan Merah Formosa Depot at Port Klang, Malaysia, in cooperation with the Taiwan Foundation International and Malaysian investors. The opening ceremony was held on 1 October 2020. The new company... more
Transporting human albumin in times of Covid-19
Air Bridge Cargo Airlines (ABC) recently organised a dedicated pharma charter flight from Leipzig (Germany) to Guangzhou (China) through Novosibirsk (Russia). The airline's partner Kuehne + Nagel delivered 19 ULD from Vienna (Austria) to Leipzig with over 500,000 vials of human... more