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
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