PSA thrives in 2023
PSA International handled 94.8 million teu of containers globally in 2023. Singapore's terminal saw a 4.8% growth, procressing 38.8 million teu, while terminals outside Singapore handled 56 million teu, growing by 3.9%. This total volume marked a 4.3% uptick from 2022. In a... more
Transcontainer to build two intermodal hubs
The transport company is significantly expanding its terminal capacities in the Moscow region in cooperation with the local chamber of commerce and industry. One of the projects provides for the construction of a terminal near Chekhov station (Moskovskaya Railway) with... more
Nepal Airlines renews ULD partnership
Unilode Aviation Solutions, a provider of outsourced unit load device (ULD) management, repair and digital services, and Nepal Airlines, Nepal’s flag carrier, have extended their full-service ULD management partnership for another three-year term. Nepal Airlines awarded the... more
OOCL feels the pressure
Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in Q4/2022 to USD 1.62 billion in Q4/2023.... more
Expanding cargo SAF programme
Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The companies signed a sustainable aviation fuel cooperation programme agreement at the Yusen Logistics... more
ICS2 to come into force in June
The European Union is introducing a new process for goods entering its territory by maritime and inland waterways, road, and rail. The new customs pre-arrival safety and security system, called Import Control System 2 (ICS2), will require carriers to provide data on goods... more
A supply chain "vision" for Chaoji Food
Hong Kong-based Vision International Holdings, a provider of supply chain solutions, has signed an agreement with Dichao. Founded in Shenzhen (PRC) in 2019, Dichao develops and produces frozen meat products under the Chaoji Food brand. Vision International’s supply chain... more
Hapag-Lloyd: new head for ME business
Lars Sorensen assumed his new role as senior managing director region Middle East based in Dubai (UAE) on 1 January 2024. Sorensen joined Hapag-Lloyd five years ago as managing director area India. Sorensen replaces Dheeraj Bhatia, who will join the Hapag-Lloyd executive... more
ICTSI's green pledge for 2050
International Container Terminal Services, Inc. (ICTSI) has committed to net zero greenhouse gas emissions from its direct operations (scope 1) and purchased electricity (scope 2) by 2050. The company aims to reduce these emissions by 26% per container move by 2030, compared to... more
118 t from Argentina to Mongolia
Bolloré Logistics has transported a mobile drilling rig of 650 cbm and 118 t from Argentina. On its journey the cargo travelled through Chile and China to finally reach Mongolia. The pieces were mounted onto special trailers and transported by road to Chile. The journey from... more