MSC keeping up the pace
MSC is expanding its capacity in container shipping at breath-taking speed. Besides charters and the acquisition of used vessels, the carrier's orderbook currently is close to the threshold of 2 million teu. About 1.96 million teu are currently being built on behalf of the... more
Deutsche Aircraft picks Nico Neumann
Deutsche Aircraft has named Nico Neumann as chief operating officer and joint managing director to support the further growth and strategic setup of the company. Neumann began his career at 328SSG in 2007 and has held a range of operational positions within the company, most... more
Wabtec wins major services contract
Manufacturer Wabtec has signed a services contract with leasing company Akiem to provide maintenance of critical equipment for locomotive fleets in Europe. The agreement, which is to run for the next five years, covers brake components, pantographs and Heating, Ventilation... more
Transfer of Vopak agencies imminent
It is a huge deal in port services. Norway-based Wilhelmsen Port Services is acquiring 100% of Vopak Agencies and 50% of Diize. Vopak Agencies is part of the Vopak Europe & Africa division. Port agency and hub agency are complementary services, operated from Vopak’s network... more
Forty conversion orders for Mammoth Freighters
Mammoth Freighters has named Avia AM Leasing (Avia AM) as the launch customer for its new 777-300ERMF freighter conversion with the signing of a conversion sales agreement for six 777-300ERMF freighters. Including this order, Mammoth now has firm orders for twenty-three 777... more
Anthony Ciobanu joins Chapman Freeborn
Chapman Freeborn, the global air charter specialist and part of Avia Solutions Group, has appointed Anthony Ciobanu as business development executive at its new office in Perth, Western Australia. Ciobanu brings 15 years of aviation industry experience to his new role. He... more
Hydrogen vans in UK certified
Developer First Hydrogen has received the UK road certification for its first zero emission light commercial vehicles. The vehicles will now be able to undergo customer trials on public roads commencing January 2023 for a period of 24 months. The vans will be trialled in... more
Network welcomes new member
Diversity is the watchword now. London-based haulage firm Trans UK has joined pallet distribution network Pall-Ex Group as a shareholder member. Since its founding in 2019, Trans UK has built a reputation as a reliable haulier in the Peckham area. The company recently took... more
Ecology-driven loans for newbuilds
On behalf of Grimaldi Euromed, a Grimaldi Group company specialising in the transport of rolling cargo in Europe and the motorways of the sea, the Turin-based bank Intesa Sanpaolo has concluded two loans for EUR 70 million. The loans will finance the purchase of the new ships... more
European transport market beginning to relax
H1/2022 was marked by a massive imbalance in the European transport market. But the situation began to ease in the third quarter, despite all the negative signs. Although the ratio of offered freight to offered cargo space was still above the 70:30 mark, the curve is levelling... more