India invests in its rail system on a grand scale
Indian Railways has initiated 498 railway projects of a total length of 49,069 km, which are at different stages of execution/planning/sanction. The commissioning of 8,979 km has been achieved. The plan includes 188 new line projects measuring 21,295 km in total, 55 gauge... more
Hapag-Lloyd deploys more vessels in the East Med
Hapag-Lloyd will change its Levante Express Service (LEX) as from next year. As from the second calendar week in 2020, Hapag-Lloyd will add one additional vessel to the LEX service to ensure improved schedule reliability during the upcoming winter months. Hapag-Lloyd... more
UIC: Railway safety achieves a record high
Rail transport is the safest mode of overland transport and is improving continuously in terms of safety, as the International Union of Railways (UIC) demonstrates in its latest report on railway accidents. Accidents and numbers of victims were reduced by almost 17% between... more
Kiwi Rail: A major step forward linking rail and road
New Zealand’s government has unveiled a master plan for a new freight hub near Palmerston North. The 3 km long intermodal freight hub combines a container terminal, warehousing for road transport operators and bulk goods and forestry loading operations with KiwiRail’s train... more
Yang Ming fosters intra-Asian network
In order to participate more of the economic upswing in Myanmar and the Philippines, the Taiwan-headquartered Yang Ming Marine Transport is launching two new services, SPE service (Singapore-Philippines Express Service) and MYX service (Malaysia-Yangon, Myanmar Express Service).... more
New impulse for southern Silk Road
As planned, the ÖBB Rail Cargo Group (ÖBB RCG) continues to pursue its strategy to expand freight transport links along the rail corridor between Europe and Asia. ÖBB RCG, the port of Baku und Cabooter have signed a declaration of intent to set up an overland trans-Caspian... more
Xi’an – Gdansk overland in just twelve days
The first Euro-China train, running from Xi’an in China directly to Poland, arrived via the Małaszewicze land terminal on the Polish-Belarusian border at its final destination, the DCT Gdansk container terminal, last week. This new regular intermodal Euro-China train... more
ATC Aviation chosen by Sichuan Airlines
Sichuan Airlines, which took delivery of an A330-200F on lease from BOC Aviation only yesterday, 26 November 2019, has launched a new bi-weekly cargo service between Brussels in Belgium and Xian (China) and has appointed ATC Aviation Services as its GSA in Europe. From Xian... more
Dualog and NYK continue digitalisation strategy
Tromsø (Norway)-based Dualog and Tokyo (Japan)-headquartered NYK have agreed on a long-term industrial research and development project. It is supported by Innovation Norway, the Norwegian government's instrument for innovation and development of Norwegian enterprise and... more
SSY expands into energy derivatives broking
The independent shipbroker Simpson Spence Young (SSY) is launching a new energy derivatives service through its derivatives business SSY Futures, based in New York (USA), London (UK) and Singapore. Covering the gas and power markets, SSY will be offering its clients the ability... more