Eyeing the European market
Qatari firm Q Terminals acquires a Dutch SME. The Kramer Group from the Netherlands is a strong player in the port of Rotterdam. Q Terminals, in turn, stepped into the international limelight for the first time recently by buying the Dutch firm. The Qatari terminal operator has... more
Gdynia port: Svan provides direct link
The Baltic Container Terminal (BCT), ICTSI’s business unit in Poland's port of Gdynia, received its first direct call from the Mediterranean Shipping Company's (MSC) Swan service on 23 August 2023. MSC reinstated the Swan service in May, connecting European and Far Eastern... more
China’s first 100% green powered logistics centre
As of July 2023, Yum China Holdings’ logistics centre in Nanning, Guangxi province, is completely powered by renewable energy. It is the first cold chain logistics centre in China to fully operate on carbon-neutral power. Accomplished without increasing utility costs, this... more
SAF programme for Korean Air's customers
Korean Air has been an active participant in the Korean government’s "eco-friendly biofuel activation alliance" since October 2022. It is now launching a programme to use sustainable aviation fuel (SAF) for air cargo operations in cooperation with forwarders.... more
Trucking goods to Macau
Following the decision of the governments of Hong Kong and Macao to open the Hong Kong-Zhuhai-Macao Bridge (HZMB) to goods transport, Bolloré Logistics has launched a direct trucking delivery service to Macao. The HZMB is a 55 km bridge-tunnel system consisting of three... more
India’s automobile transport booming
Indian Railways achieved freight loading volumes of 634.66 t between 1 April 2023 and 31 August 2023, which is 13.78 t more than in the corresponding period last year. At +26%, automotive transport by rail posted the largest increase. Earnings from the automobile showed a... more
Holiday season ends, air cargo rebounds
World ACD’s data reveal that global tonnages increased in the third full week of August (21 to 27 August), following a similar pattern as one year ago, mainly driven by Europe rebounding from the holiday season, while rates remained stable. Comparing weeks 33 and 34 (14 to... more
Maskargo flies panda cubs home to China
Maskargo, the air cargo arm of Malaysia Aviation Group, successfully flew panda cubs Yi Yi and Sheng Yi back to their new home at the Chengdu Research Base of Giant Panda Breeding in China via flight MH6476 which departed KL International Airport at 22:45 h on 29 August 2023.... more
Global container turnover declines
The RWI/ISL Container Turnover Index, a collaborative effort by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), showed a slight drop in July, reaching a seasonally adjusted 121.9 points compared to the revised 123.3... more
KPI Ocean Connect reshuffles management team
KPI Ocean Connect, a global marine energy provider, has restructured its management. The leadership of its trading business will be divided into regions covering Apac, Emea, and Americas. New regional leads have been promoted from KPI Ocean Connect’s existing management team.... more