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
Singapore cargo community seeks "fresh" certificate
Changi Airport Group, together with the civil aviation authority of Singapore, Enterprise Singapore and Workforce Singapore, will be supporting the air cargo community – with Dnata and Singapore Airlines as pioneer members – to gain certification of the Iata centre of excellence... more
Floating terminal in Australia completed
In Australia, a division of Singapore-headquartered transhipment and logistics group Rocktree has completed the engineering and design for a new floating terminal for the Bauxite Hills Mine, which is operated by Australia’s Metro Mining Limited. Australia, Guinea and Brazil are... more
PSA Marine and Wartsilä agree on technology partnership
The Helsinki (Finland)-headquartered technology group Wärtsilä and Singapore-based PSA Marine have agreed to collaborate in the co-creation of smart technologies for the marine sector. The parties have agreed on specific areas of collaboration, including the use of electric... more
More Australian perishables flying into the Philippines
Australian fresh fruit producers can take advantage of 33 weekly flights and newly approved local cold treatment facilities to boost exports to the Philippines. If suppliers do not have an accredited facility, they can work with the facilities on the revised list to have their... more
Piraeus-Rijeka intermodal express service is up and running
Led by Cosco Shipping and railfreight partner Ocean Rail Logistics, a new service recently started from the Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services, Inc. (Ictsi), at the port of Rijeka. The new service... more
New central Asian air cargo carrier
Kyrgyz Airlines Plus, a private cargo company founded by Almaz Matmusaev and Jenish Orozbaev (CEO) and owned by several citizens of the Kyrgyz Republic, has appeared on the Kyrgyz air market. Earlier this month, an A300B4 landed at Manas airport, serving the Kyrgyz capital city... more
ZIM also improves its results in 2019
The Haifa (Israel)-headquartered ZIM Shipping Integrated Services is one of the carriers that saw improved earnings in the course of 2019, getting close to balanced financial results. Reporting on the first nine months of 2019, ZIM transported 2.1 million teu, a decrease of 3.5%... more
NCA to suspend RTW service
Since this summer schedule, Nippon Cargo Airlines (NCA) has reinstated the use of all eight B747–8F under the direct operation of NCA. As part of the carrier's fundamental corporate policy to maintain a safe and reliable operation, NCA will optimise the flight network to... more
Australia's trucking industry rejects tax increase
Australia’s trucking operators have unanimously and emphatically rejected a proposal to dramatically increase the truck fuel tax and registration charges. The decision was made at the meeting of the Australian trucking association (ATA) general council, ahead of a transport... more