Two major deals in India's real estate sector
Indo Space, a major logistics real estate player in India, has recently clinched two deals expanding its scope in the country. At the recent WEF in Davos (Switzerland), the developer signed an MOU with the Maharashtra government, planning to acquire 404,686 sqm and invest... more
Before the crest of a wave
Global container-shipping capacities are set to grow the most in 2024. The building of new containerships has its own ‘me-too’ logic. High demand for freight volumes in 2021 and 2022 triggered a boom in orders. This additional shipping space is now set to steadily increase... more
Shark fins hiding among dry fish
One week ago, on 15 January 2024, Hong Kong Customs seized about 800 kg of suspected scheduled shark fins, with an estimated market value of about HKD 4 million (USD 500,000), at Hong Kong airport. Upon inspection of an air consignment, declared as dry fish arriving from... more
Bluetooth is watching you
Baku (Azerbaijan)-based Silk Way West Airlines has extended its longstanding strategic collaboration with unit load device (ULD) provider ACL Airshop. Under the new agreement, the partnership will now introduce Bluetooth technology for real-time ULD tracking. Vugar Mammadov... more
Second-largest drop in trade capacity
The now month-long Red Sea crisis has caused the second-largest drop in trade capacity in recent times and destabilised service networks, particularly affecting Asia-Europe routes. The Sea-Intelligence Trade Capacity Outlook report compares this event with standard market... more
A new order on the horizon?
A new era of alliances is in the making. Hapag-Lloyd and A.P. Moller-Maersk have agreed to launch a new alliance, called the 'Gemini Cooperation', in February 2025. The break-up of 2M, an alliance between Maersk and MSC, was already announced in January 2023. Now Hapag-LLoyd... more
Asia's first DG Autocheck
All Nippon Airways (ANA) is the first airline in Asia to implement DG Autocheck Connect API, the newest feature of Iata's DG Autocheckblank. It will help digitalise the air cargo industry by automating the transfer of data from DG Autocheck, an electronic verification system... more
A promotion for Fatih Baş
Fatih Baş took on his role as chief executive officer of Globelink Ünimar, a Turkish transport company based in Istanbul, at the beginning of this year. Baş has many years of experience in the logistics industry and was appointed commercial director and member of the company’s... more
Qatar Airways: first flight to Medan, Indonesia
Qatar Airways’ inaugural flight from Doha to Medan touched down at Kualanamu International Airport on Monday, 15 January 2024, marking Medan as the airline’s third destination in Indonesia. The new direct service will complement the award-winning airline’s over 40 weekly flights... more
The clean dozen
Ocean Network Express (ONE) has contracted Jiangnan Shipyard and Yangzijiang Shipbuilding to build six 13,000 teu methanol dual-fuel container ships each, set for delivery from 2027. This initiative marks ONE's entry into methanol-fuelled shipping. Methanol is known for its... more