Russian Global Ports back in black
The container terminal operator Global Ports, Russia, has reported its figures for 2019. Revenues went up by 5.3% to USD 361.9 million (+4.0% like-for-like, adjusted for JSC Logistika-Terminal (LT) revenue and revenue from VSC railway services). While adjusted ebitda went up... more
ANA keeps on dreaming
ANA Holdings has decided to acquire up to 20 more 787 Dreamliner airplanes. The agreement between Boeing and the Japanese group includes eleven 787-10s with a bellyhold capacity of 40 ULD, one 787-9 (36 ULD) and options for five 787-9s valued at more than USD5 billion at list... more
Thome Group wins dry bulk operator award
The Thome Group has won the Green4Sea dry bulk Operator Award, which was announced during a ceremony at the Yacht Club of Greece. The prize recognises that the Thome Group is a “ship operator of bulk carriers that has demonstrated environmental excellence and performance.”... more
Aeroflot becomes first Russian A350 operator
Aeroflot has presented its inaugural Airbus A350-900, becoming the first operator in Russia of this widebody passenger aircraft that has a bellyhold capacity for 36 ULD. Named after the composer Pyotr Tchaikovsky (born on 7 May 1840), the new aircraft featuring a new livery... more
VRR reveals first inflatable AKE container
Planned to be officially displayed during the Iata World Cargo Symposium, which was scheduled this week in Istanbul but had to be postponed, the Dutch ULD provider VRR has revealed the "Air7", the first ever inflatable solution for ULD, now ready for certification.... more
Russia: railfreight volumes decline
Russian Railways (RZD) shipped 99.4 million t of freight across its network in February 2020, a drop of 0.6% compared to the same period last year. Freight turnover in February 2020 decreased by 2.4% to 197.4 billion tkm and by 2.9% to 251.4 billion tkm when taking into account... more
Record building in Hong Kong
Mammoet transported the longest pedestrian bridge ever across the airport’s apron to its final destination in the world’s largest airfreight gateway. Careful and detailed planning was necessary to ensure that flights were only disrupted minimally. more
VTG grows in Europe and Asia
VTG is expanding its footprint on two international fronts: The Germany-based private wagon rental company and provider of rail logistics services has founded its own branch in Japan and acquired a majority stake in Carbo Rail in Europe. By taking over the Slovak rail... more
ICTSI takes a satisfying look in the rear mirror
Philippines-based International Container Terminal Services (ICTSI) has published its audited consolidated financial results for 2019. Revenues achieved in port operations amounted to USD 1.5 billion, an increase of 7% in comparison to the year 2018 (USD 1.4 billion). Ebitda... more
New Central Asian corridor open for TIR
The Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) corridor is now open for TIR transports, according to the international road union (IRU). The corridor offers the shortest possible route between Iran and Kyrgyzstan, with TIR saving up to five days on the usual transit time.... more