Unifeeder buys Singapore-based operator
Unifeeder, a subsidiary of DP World since 2018, has acquired a 77% stake in the Feedertech Group, a Singapore-based feeder and shortsea operator. The group’s chairman, Ali Maghami, will retain the remaining 23% shareholding. Financials details of the deal, which is supposed to... more
Belarus to upgrade its key transport corridors
Belarus will receive a major boost with a EUR 259 million loan programme provided by the European Bank for Reconstruction and Development (EBRD) for the expansion of its road network. The package includes the upgrade of 12 bridges as well as the modernisation of the M3... more
Russia: Delo Group buys majority share in TransContainer
Russian Railways (RZD) sold 50% + 2 shares in TransContainer in an auction held on 27 November to the Sergey Shishkarev-led Delo Group. The start price was RUB 36.2 billion (USD 566.3 million). The RF government approved a directive to sell the RZD-controlled share in... more
Japanese and Germans look back on five years of JV
In December 2014, Lufthansa Cargo and ANA Cargo launched their close bilateral air cargo joint venture. The fifth anniversary of the partnership gives both airlines the opportunity to look back on their cooperation. ANA Cargo CEO Toshiaki Toyama: "We are commemorating... more
Fleet modernisation with 150 sulphuric acid tank cars
The Russian manufacturer United Wagon Company (UWC) will supply 150 sulphuric acid tank cars mounted on bogies with an axle load of 25 t to the transportation and logistics operator Polar Freight Company. The batch is to be delivered by the end of the current year. The deal is... more
Fast route between Moscow and Zibo launched
One new trial train recently completed its westbound journey from Zibo in the Shandong Province of China via Erlian (Inner Mongolia) to the Seliatino terminal near Moscow, Russia. Another train is already on its way. These two trains mark the first ever cargo transport by... more
Emirates to increase Dhaka cargo capacity
In less than seven months, on 1 June 2020, Emirates will add a fourth daily service to Dhaka, to cater to Bangladesh's growing economy and the country's large diaspora who work and live in the Middle East, Europe and the USA. The new service will be operated by a B777-300ER,... more
K Line to manage offshore LNG-Bunkering in Singapore
The ship management of the 7,500 cbm LNG-bunkering vessel (LBV) of Fuel LNG will be taken over by K Line. Fuel LNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, will own the vessel, operate and carry out all commercial operations. The LBV... more
Hupac introduces new East-West solution via Kaliningrad
The Swiss intermodal operator Hupac has launched a new multimodal connection between Germany and Russia, CIS countries and the Far East. The service is performed in cooperation with ERS Railways and Mann Lines. The central element of the service is the link via the port of... more
Virgins with more capacity to Asia, Africa and USA
In exactly four months’ time, commencing on 29 March 2020, Virgin Atlantic’s new summer schedule will give cargo customers more capacity on prime routes to India, Africa and the USA. The carrier is introducing a second daily service between London (UK) and Delhi (India), which,... more