OOCL gains ground in 2019 
OOCL has reported its unaudited operational results for Q3/2019, which ended on 30th September this year. The Hong Kong-headquartered company saw an uptick in volumes (+4.1%) compared to the same period last year. Total revenues in the period rose by 5.8% to USD 1.65... more
Basra Gateway Terminal extension goes on stream
The two new berths, Berths 25 and 26, of the Basra Gateway Terminal (BGT), have started operations. Their opening also marks the completion of the operator ICTSI’s USD 250 million investment programme in Iraq. Located in Umm Qasr’s North Port, BGT operates a container terminal... more
Russian FTL-trucking company orders CNG Trucks
Globaltruck has signed a contract for the purchase of 10 Scania compressed natural gas (CNG) trucks. The vehicles are expected to be delivered in December 2019. The FTL-trucking company operated 1,355 trucks during 9M/2019, which represents an increase of 146 or 12.1% compared... more
100th aircraft for Vietnam Airlines
Vietnam Airlines, which already owns the second-largest wide-body A350 (14) and B787 (11 B787-9) fleet in Southeast Asia, was joined by the deputy prime minister of the Socialist Republic of Vietnam Truong Hoa Binh for the welcoming ceremony of the 100th aircraft operated by... more
Record level of global container fleet capacity
The liner's appetite for new capacities seems to be insatiable. The business intelligence provider Alphaliner has presented current figures, showing that the global container fleet´s capacity has just passed the threshold of 23 million teu. The latest deliveries were the two... more
MOL opts for wind power
On the back of the recent AIP approval for the Wind Challenger, a wind-assisted vessel design by Class NK, Tokyo (Japan)-headquartered MOL is joining the International Windship Association (IWSA) as a full member. For the last five years, this non-profit organisation has been... more
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