Indian Railways seizes opportunity 
Indian Railways (IR) has taken a series of initiatives in the tariff and non-tariff field to boost freight operations. Total freight loading in the month of August 2020 (till 27 August 2020) amounted to 81.33 million t, 4.3% higher than the 77.97 million t recorded in the same... more
New Japanese tugs for Indian ports
The fourth in a series of 13 tugs, built by Kanagawa Dockyard in Kobe, Japan, has been delivered to the multinational Adani Group, headquartered in Ahmedabad in India. The Indian Register of Shipping (IRClass) praises the successful delivery of tug, "Dolphin" No.... more
Spreading from and to Wuhan
On 28 August 2020, SF Airlines launched a twice weekly B757-200F service between Wuhan and Osaka (Japan). Its second international route opened in Wuhan since its inauguration in 2009 is part of the airline's contribution to speed up the restoration of import and export... more
Swire's new vessel in the Pacific 
Swire Shipping deploys the “Chefoo”, its new 2,400 teu vessel, on its South East Asia service. This service connects South East Asia to Papua New Guinea and Solomon Islands. Jeremy Sutton, general manager, Swire Shipping, commented on the new deployment: “Communities in the... more
Kerry Logistics: core net profit up 26% in H1
Kerry Logistics has announced the group’s interim results for the six months ended 30 June 2020. Revenue increased by 10% year-on-year to HKD 21.885 billion (EUR 2.372 billion). The core operating profit increased by 12% to HKD 1.489 billion (EUR 161 million) and the core... more
Cosco Ports out of the doldrums?
The terminal and port operator Cosco Shipping Ports (CSP) reported its interim results for the six months ended 30 June 2020 on an ambiguous note. While revenues dropped to USD 452.7 million (-12.6%) in comparison with the same period last year, gross profit suffered a... more
New train connects South Russia and China
Trans Container and Maxima Logistic have organised the dispatch of a block train from Krasnodar-Sortirovochniy station in South Russland to Gaoyi in China (Province Hebei). The train passed the Russian-Chinese border crossing point at Naushki/ Zamyn - Uud (Mongolia) and was... more
ESR delivers strong H1/2020 results
ESR, an APAC focused logistics real estate platform, has announced its unaudited consolidated results for the six months ended 30 June 2020. The group recorded revenue of USD 198 million in H1/2020, up 26.9% from USD 156 million in H1/2019. Ebitda was USD 269 million, up... more
A favourable H1/2020 for OOCL
The Hong Kong-headquartered Orient Overseas (International) Limited Group (OOIL), which was acquired by Cosco Shipping in 2018, recently reported its results for H1/2020. Remaining in the black, the group achieved a profit of USD 102.1 million, compared to USD 139.0 million... more
Swiss continues to expand cargo network
From today, 28 August 2020, Swiss Worldcargo is back in Moscow DME, performing thrice-weekly A320/A220 flights from Zurich and a weekly A220 flight from Geneva. The Swiss national carrier also announced the addition of two long-haul destinations to its cargo-only network -... more