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
Japan – Europe over land in just 23 days
Nippon Express recently introduced "NEX Ocean-Solution China Land Bridge", a multimodal transport service from Japan to Europe that uses cross-border rail transport between China and Europe via Xiamen in China. This service combines marine transport from major... more
The next MLO LNG carrier for Yamal is ready
The naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China Cosco Shipping, was recently held at Hudong-Zhonghua Shipbuilding Group in China. As many participants in the Yamal LNG project looked on, the newly built vessel was named the "LNG... more
First LNG transaction with the BLNG3 assessment
LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG... more
Noatum Logistics acquires PT. JCL Indonesia
Noatum Logistics has taken another step forward in its internationalisation in Asia with the acquisition of PT. JCL Indonesia, with offices in Jakarta, Surabaya, Semarang, Bandung and Yogyakarta. Rafael Torres, CEO of Noatum Logistics: "With this additional geographical... more