MOL's plastic recycling trial
MOL and Idemitsu Kosan are launching a demonstration test to recycle used plastic waste generated on a very large crude carrier (VLCC). The test, conducted on the VLCC “Suzukasan” chartered by Idemitsu Tanker Co., will use the waste plastic as raw material to produce oil through... more
Study for an e-fuel supply chain
MOL, Itochu, HIF, and JFE Steel have partnered to explore the feasibility of a comprehensive supply chain for synthetic fuel and CO2 marine transport using green hydrogen. The study will first examine the use of e-fuel at JFE Steel and then cover CO2 capture in Japan, its... more
A Kiwi cold chain hub
Maersk has opened a new cold chain site at the Ruakura Superhub, its biggest infrastructure investment in New Zealand to date. Valued at NZD 140—150 million and built for multimodal activities, the 18,000 sqm cold chain facility will connect Maersk to key points for freight... more
Encouraging results for sustainability efforts
The International Air Cargo Association (Tiaca) has conducted its fourth industry survey involving supply chain partners from across the globe and from each industry sector and business size. The results have been analysed, compared to previous reports and published as the... more
Two new gateways for groupage deliveries
Dachser has opened two gateways for groupage transports, full truckload (FTL) and less than truckload (LTL) services to Tunisia and Turkey. Through the gateways in Strasbourg (France) and Ungerhausen near Memmingen (Germany) for Tunisia and the Ungerhausen gateway for... more
Unity in shipping renewed until 2032
Cosco Shipping and its partners, including CMA CGM, Evergreen, and OOCL, have agreed to extend the Ocean Alliance until 2032, seeking to maintain reliable services for customers amidst the evolving global trade landscape. Since its inception in 2017, the alliance has... more
Up to 15% less fuel
The Singapore-based forwarder SNL Logistics has extended its green fleet and acquired 16 new Scania Super trucks to improve performance and save fuel. Four months after putting the vehicles into service, SNL recorded a 12%-15% decrease in fuel consumption, which is double than... more
New Zealand orders Swiss locomotives
The Swiss company Stadler in Switzerland has signed two locomotive contracts with Kiwi Rail in New Zealand. One deal involves the delivery of nine mainline locomotives equipped with ETCS (European Train Control System) for seamless operation on the North Island. The second... more
Much more recycled plastic for export shipments
As the first cargo terminal in Hong Kong, Cathay Cargo Terminal is introducing 50% recycled plastic cargo cover sheets for all export cargo shipments built up within its terminal, increasing from its current specifications of no less than 30% recycled content. A new material... more
Promotions at MOL
Mitsui O.S.K. Lines (MOL; president & CEO: Takeshi Hashimoto, pictured) has decided on the following changes in its executive staff. The changes concering directors and auditors will be announced around the end of March 2024, subject to the approval of the shareholders at... more