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
Red Sea Terminal focuses on ULCS
The Red Sea Gateway Terminal (RSGT) based in Jeddah, Saudi Arabia, has purchased two ship-to- shore (STS) cranes supplied by ZPMC in Shanghai, China. The new cranes, each with a 70 m reach and a 52 m high, represent an investment of approximately USD 22 million and will be able... more
First Asian airline joins new cargo e-booking platform
Japanese all-cargo carrier Nippon Cargo Airlines (NCA) and the air cargo e-booking platform Cargo One have entered into a partnership that will enable freight forwarders to book NCA’s main deck capacities with instant confirmation 24/7. Offering its capacities for booking on... more
K Line extends its bulk carrier fleet
K Line is building up its capacities in the bulk carrier segment. At the Marugame business headquarters Imabari Shipbuilding, the 200,000-dwt Capesize bulker "Cape discovery" has been completed. The ship is equipped with an electronically controlled engine and, in... more
Rhenus plans to expand its footprint in Asia
Following the recent acquisition of a logistics company in Singapore and the addition of its largest warehouse in Thailand, Rhenus Logistics now offers end-to-end logistic solutions in Asia-Pacific for Greater China, Hong Kong, India, Philippines, Thailand, Singapore, Malaysia... more
Airbus to build freight-friendly aircraft in China
Airbus and China are strengthening their partnership as both sides commit to a further deepening and broadening of cooperation in the aviation industry. According to the memorandum of understanding on the further development of industrial cooperation which was signed this week... more