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
Flexport expands to Vietnam
Flexport is expanding its global cross-dock network. Working in partnership with ITL Corporation (ITL), the company will now offer dedicated space to its clients in a state-of-the-art warehouse located in Thu Dau Mot City, just outside of Ho Chi Minh City. Working with ITL’s... more
Transpacific connection - part I
San Francisco (USA)-based 3PL Flexport has formed a partnership with SF Express, an express delivery and logistics services provider in China. The objective is to offer customers a one-stop-shop for freight services, including air cargo. Henry Ko (left, with Keith Ip, CEO,... more
Michelle Ho to head the China branch at UPS
UPS has appointed Michelle Ho as the new president of UPS China, succeeding Harld Peters. A UPS veteran with 26 years of logistics experience, Ho will spearhead UPS’s small package and strategic business planning operations in China. Ross McCullough, president of UPS Asia... more