Global port indices in August above last year's figures
The London (UK)-headquartered maritime consultancy Drewry has published its recent Container Port Throughput Indices for August this year, based on monthly throughput data for a sample of over 220 ports worldwide and representing over 75% of global volumes. The base point for... more
Turkish Cargo adds two Asian maindeck destinations
Starting on 31 October 2019, Turkish Cargo will serve Kuala Lumpur, Malaysia's cultural and financial capital, which has a promising import and export potential. The aim here is to carry spare parts, electronic and medical products to various countries around the world and... more
China – Rijeka - Budapest in just 32 days
Chinese state-owned transport company Cosco has introduced an intermodal connection between the Croatian Adriatic port of Rijeka and countries in Central Europe. The new rail service extends the regular marine shipping line Piraeus-Rijeka Express Service between Greece and... more
Indian-Swiss working group forges ahead
India and Switzerland decide to maintain their cooperation in the rail transport sector. The two sides have followed upon the first meeting of the joint working group (JWG) set up by the two countries after the MoU for cooperation in the rail sector was signed in 2017. In... more
IRclass recognised by shipping nation Denmark
The Danish Maritime Authority (DMA) has approved the application by the Indian Register of Shipping (IRClass) for authorisation as a “recognised organisation” (RO). Seeking RO status from key maritime flags is an essential part of IRClass’ strategy to expand its presence in... more
IPO of ESR
ESR Cayman Limited (ESR), a large APAC-focused logistics real estate platform, has announced the details of its proposed listing on the main board of the stock exchange of Hong Kong (SEHK). Of the 653,680,000 shares set for global offering, approximately 94.7% will be for... more
Moving from UK to Singapore
Stuart Allen, B&H Worldwide's CEO, has relocated from the UK to Singapore to spearhead the company's ongoing APAC expansion. Based at the B&H Worldwide facility within the ALPS Free Trade Zone at Changi Airport, he will be leading the company's global growth plans from... more
Iumi wants more fire resistance
Iumi (the International Union of Marine Insurance) recently raised its voice saying that this year has already seen an alarming number of containership fires, including the “Yantian Express”, the “APL Vancouver”, the “Grande America”, the “E.R. Kobe” and the “KMTC Hong Kong”.... more
Kiwis to quit Europe
From October next year, Air New Zealand will fly between Auckland and its alliance partner United Airlines' New York hub Newark Liberty International Airport three times weekly, year-round, using its latest configuration B787-9 aircraft. At the same time, the airline has also... more
Upgrade of Serbian railways goes ahead
Russian Railways (RZD) and Serbia have signed an agreement on the joint implementation of a project to modernise the Belgrade – Vrbnica (Slovakia) – border railway line with Montenegro (Bar). The contract includes the construction and electrification of a 15-km second track... more