Iumi appoints new Asia ambassador
The International Union of Marine Insurance (Iumi) hosted the second Iumi Asia Forum in Shanghai (China) and appointed a new additional Asia ambassador to enhance its position in the region. Agnes Choi, chair of promotion and external relations for the Hong Kong maritime and... more
Air New Zealand dreams of new flag ship
Boeing and Air New Zealand have announced the airline’s plans to add the largest 787 Dreamliner model to its fleet with a commitment to buy eight 787-10 valued at USD 2.7 billion at list prices. The carrier, known for its global network and long-range operations, says that the... more
Maskargo relaunches Guangzhou route
Maskargo is relaunching its freighter flights between Kuala Lumpur (KUL, Malaysia) and Guangzhou (CAN, China), a thriving cargo route for the eCommerce market. The first Kulcan service is set to commence today, 4 June 2019. Until December, the new weekly services on this... more
Gefco celebrates 10th anniversary of Chinese subsidiary
Present in fifteen cities with 1,300 employees, Gefco China and its two Chinese joint-ventures Dong Feng Gefco and Shenzhen Minsheng Gefco Logistics (SMGL) expect to increase revenues by a minimum 40% in 2021, anticipating growing demand for next-generation automotive logistics... more
Investing in warehousing in Australia
The Australian property firm GPT has purchased five logistics properties in Sydney for AUD 212 million (around USD 146 million), and also started a new development in western Melbourne.The Sydney assets have a lettable area of more than 88,000 sqm, a combined weighted average... more
Dongguan-Vorsino rail service
RZD Logistics (RZDL) and its subsidiary Far East Land Bridge (Felb) have launched regular rail shipments from Dongguan (Guangdong province, China) to Vorsino (Kaluga region, Russia). Container trains from China previously left from the city of Guangzhou. Trains will depart from... more
IAG Cargo returning to Pakistan
IAG Cargo started operating a direct service from the UK to Islamabad (Pakistan) this month. The thrice-weekly service from London Heathrow will run year-round and offer 15 t of lift per flight.The new option will bolster the airline's position in the region, adding to the cargo... more
New train linking Baltic and Ukraine
The Lithuanian railfreight operator LG Cargo is launching a new container train from Klaipeda (Lithuania) to Kiev (Ukraine) in June. The weekly train will be able to carry 10,000 teu a year and cover the Lithuania–Ukraine route in 36 hours. This service has been designed to... more
Indian Railways moving further away from fossil fuel
The Asian Development Bank (ADB) has signed an agreement to provide USD 750 million to fund the Indian Railway’s track electrification project. The loan will be used to install electric traction equipment along 3,378 km of existing railway lines, which will enable the migration... more
Eva Air decommissioning nose loader
Eva Air will use its B747-400F for the last time this weekend. Today (31 May 2019), the giant freighter with a nose loader will once again operate the Taipei - Hong Kong and Taipei - Singapore - Hanoi – Taipei rotations, then the Taipei - Singapore - Penang – Taipei route on... more