Finnair seeks even more freight in Asia 
Last month, Finnair's available scheduled cargo tonne kilometres (162.4 million) increased by 13.7% year-on-year. Revenue scheduled cargo tonne kilometres (99.8 million) increased by 11.4%. During the first nine months of the year, Finnair carried 25,059 t inside Europe (+66.8%... more
Drewry forecasts further drop in global container volumes
The decline of the container market continued during the last three months, said the London (UK)-based maritime consultancy Drewry. The research company downgraded its outlook for world container port throughput for the current year and the rest of the five-year horizon in its... more
K Line goes for artificial intelligence
The Japan-headquartered carrier K Line has reached an agreement with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology (MPAT) and Marubeni Corporation (Marubeni) to jointly work on research and analysis of maritime logistics and shipping... more
Component support for China Cargo Airlines
China Cargo Airlines has entrusted Lufthansa Technik with the component support for three B747-400F. The five-year "total component support" agreement is the first major collaboration between the two companies and the MRO's first contract of this kind with a direct... more
PSA lightening up its project Tuas Port
The prime minister of Singapore, Lee Hsien Loong, recently placed a torch on the grounds of Tuas Port to symbolise the beginning of a new and exciting chapter in the nation’s rich maritime history. With 26 km of deep-water berths (up to 23 m chart datum), and capable of handling... more
Global railway industry bucks the trend
The business climate of the international railway industry remains on a high level in Q3/2019 quarter and is even registering a slight increase compared to Q2/2019. This is shown by the current SCI rail business index – a regular survey which the consultancy SCI Verkehr conducts... more
Coalition to ferry LNG from Kamtchatka and Murmansk
The Japanese carrier MOL, the Japan bank for International Cooperation (JBIC), and the Russian energy company Pao Novatek signed a cooperation agreement for LNG transshipment projects in Kamchatka and Murmansk. Thus, the east and west of the Russian Federation are involved.... more
New dump cars to operate in gold and copper mine
The Russian freight car manufacturer United Wagon Company (UWC) will supply the mining company Polymetal with 55 dump cars by the end of H1/2020. The batch of cars will be delivered to the Varvara plant for operation in Kazakhstan. Varvara, Polymetal’s first operation in... more
M&M expands in Serbia
Militzer & Münch (M&M) has founded a joint venture with the Serbian logistics company Invictus. With this move, the transport company that is headquartered in Switzerland intends to expand its existing network in the Balkans. The partners plan to develop the JV into... more
Wordwide GSSA network goes Down Under
40 years after it was founded in Australia, the GSSA Wexco has joined ECS Group. Through this acquisition, ECS Group is developing its presence all around the world. Grown into the New Zealand market in 2003, Wexco enjoys an excellent reputation in the Pacific region - a crucial... more