A train that goes down in history
The first freight train in history recently crossed the Marmaray tunnel in Turkey under the Bosporus. The train departed from the Chinese city of Xi'an and is on the way to Prague in Czechia. China Railway Express handled the journey on the Asian part of the route and the... more
Northport New Zealand opts for new equipment
The Pacific port of Northport is enhancing its deep-water facility at Marsden Point, on the north island of New Zealand. Northport is the island's northernmost multi-purpose, dry-cargo port in New Zealand, with its three berths handling traffic to and from most of the country’s... more
Blockchain: UPS and Herd X ship beef from USA to Japan
UPS will work with Herd X, a USA-based agri-tech solutions provider, to deliver blockchain-verified traced beef from an American farm to Japan. The delivery represents a significant step forward in quality assurance and traceability in the beef industry. UPS and Herd X... more
ICTSI makes good progress in the first nine months of 2019
Philippines-headquartered port and terminal operator International Container Terminal Services (ICTSI) has just published its unaudited consolidated financial results for the first nine months of 2019. Revenue from port operations amounted to USD 1.1 billion, an increase of 10%... more
ECS Group deepens footprint in Southeast Asia
Thai LCC Nok Air, represented by CEO Wutthiphum Jurangkool and Pravej Ongartsittigul, chairman of the executive committee (2nd and 1st from right), has concluded a total cargo management (TCM) agreement with AVS GSA Thailand, a subsidiary of ECS Group. The subsidiary,... more
Founder of Cebu Pacific passes away at 93
JG Summit Holdings has announced the passing of its founder chairman emeritus John L. Gokongwei Jr. on November 9, 2019. He was 93. He was the founder of the first Philippine multinational conglomerate including the airline Cebu Pacific and also a philanthropist with a passion... more
Busiest day ever at Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) has broken its all-time record for the number of freighters handled in a 24-hour period. On 3 November, Hong Kong’s largest independent cargo handler took care of 104 freighter aircraft – beating its previous record of 102, set on 5... more
Zeamarine appoints Namir Khanbabi
Zeamarine has appointed Namir Khanbabi as the new regional director for Asia and Oceania. He most recently held the role of chartering and operations director at AAL, where he was in charge of the global chartering, operations and engineering departments for Tramp and Liner... more
ESR establishes new logistics mandate in Australia
ESR, a large APAC focused logistics real estate platform, has established a new mandate with China Merchants Capital Investment. The new mandate – to be known as ESR Australia Logistics Trust (EALT) – will be funded with AUD 175 million (USD 120 million) of ESR’s balance sheet... more
Maersk vessel tests battery propulsion
Electronic propulsion is the order of the day. Thus, a containerised 600 kWh marine battery system will be installed in a trial on board the “Maersk Cape Town” in December 2019 to improve vessel performance while reducing CO2 emissions. The vessel is a Singapore-flagged 249 m... more