ESR closes USD 250 million unsecured term loan 
ESR, the large Asia Pacific focused logistics real estate platform, has entered into a new facility agreement for a USD 250 million three-year unsecured term loan facility with prominent international banks at a rate of Libor plus 3%, which was drawn down in full in March 2020... more
TIR boosts India-Iran-Afghanistan intermodal trade
The first intermodal transport, using TIR from India via Chabahar port in Iran, was completed last week. Carrying factory line components, the operation took seven days in total - five by sea and two by road from Chabahar port in Iran to the final destination in Afghanistan. In... more
ONE deploys unit for AUE
The Singapore-based Ocean Network Express (ONE) is upgrading its participation on the Australia East Asia Service (AUE), also known as North East Asia – Australia Express (NEAX) service. Starting from April 2020, ONE will be operating a vessel on the AUE service, which is... more
200 hopper cars to transport fertilizer
In Russia, United Wagon Company (UWC) and chemical producer Togliattiazot (TOAZ) have signed a contract on the supply of 200 hopper cars for the transportation of mineral fertilizers. The new generation cars will be shipped to the customer by the end of May this year. This... more
Ports keep up services
The major ports worldwide are up and running in order to keep supply chains up. With Chinese ports returning to normal, US American ports being exempted from public bans, the notices of European ports spreading the news keep flowing in. Pars pro toto, just like Antwerp,... more
UPS gains pharma certification in Singapore
UPS has announced that its freight forwarding operation at Changi Airport, Singapore, has received the Iata Ceiv pharma certification for pharmaceutical logistics. The first for UPS in Asia Pacific, the certification validates its capabilities in the safe, secure and efficient... more
Cargo vessels not immune against port ban
In Australia, Maritime Safety Queensland (MSQ) recently banned all commercial ships from entering ports in Queensland if the ship, or any person onboard, has been in any country outside of Australia within the last 14-days. Port authorities are obviously considering similar... more
Delta Cargo launches charter ops on PAX aircraft
Responding to Delta corporate customers who have told the carrier that they need help transporting cargo during these times of uncertainty and change, Delta Cargo is launching charter operations to provide the safe and reliable transportation of goods around the globe. VP... more
Etihad Cargo plans for summer season
The freighter network of Etihad Cargo, the logistics arm of Abu Dhabi-based Etihad Aviation Group, is growing and will also be expanded to capacity-constrained markets that are wrestling with decreased PAX operations or travel bans in light of the public health emergency caused... more
Maximum discount for Russian coal exports
Given the unfavourable pricing environment and in order to increase the competitiveness of Russian coal supplies to global markets, Russian Railways (RZD) has decided to provide the highest possible discount of 12.8% for the export of thermal coal to ports of the Azov-Black Sea... more