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
More hinterland connections in China
With a new railway link from Chongqing in the southwest of China to the port of Qinzhou in the south of the country, cargo-partner covers 16 provinces in western and central China and thus reaches all the important production sites in the Chinese hinterland. The new rail... more
Ports of Auckland calls 2019 a "tough year"
Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower compared to NZD 76.8 million for the previous... more
Britannia P&I adds more expertise in Singapore
Britannia P&I's Managers, Tindall Riley, has added four new colleagues to the Singapore team. This expansion reinforces Britannia’s strategy of developing its regional hubs, bringing its services closer to members. Francis Church, having moved from the Managers’ London... more
Heavylift from South Korea to Thailand
The handling and transport of an exceptional cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek (South Korea) to Map Ta Phut (Thailand), was done by project heavy lift carrier AAL. The units will be installed at one of Thailand’s major... more
Special air freight sets off from Ukraine
Established in 2002 and aiming to become one of the Ukraine’s most respected freight forwarding companies specialising in air, ocean and truck services, Kiy Avia Cargo shows its know-how in the handling of special cargo. Operations manager Yuliya Yarmulska: "We... more
IRclass inaugurates branch in Doha
The Indian Register of Shipping (IRClass), a classification society, has opened a new affiliate at the Qatar financial centre (QFC) in Doha. The Middle East is one of IRClass’ important strategic markets outside of India. Via the new branch office, the classification... more
Kale lends Kenyan freight forwarder a helping hand
The Indian IT logistics solutions provider Kale has been chosen by Mitchell Cotts, a trusted name in the shipping, freight forwarding, warehousing and transport business in Kenya, to digitise its entire air cargo handling operations at Nairobi airport with the web-based airport... more
India is hip again
Two new services, the South East India - Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will enter into operation in October. The IEX will provide the only direct connection between South and East India and Europe in the market. The weekly service, jointly... more