Istanbul Alibaba's next hub? 
Several international and Turkish papers have stated that the Chinese e-commerce group Alibaba is planning a new logistics hub in Turkey. Besides a warehouse close to Istanbul Airport, a data centre near Ankara is part of the scheme. The total investment will be USD 1... more
Who would like to buy Pembroke?
Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke. Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity -... more
50% more goods transported by rail
The Chinese Haolebaoji-Ji’an Railway shipped 90.017 million t of goods in 2022, reaching the year’s target of 90 million t. To eliminate bottlenecks and increase transport capacity, the China Railway Xi’an Group overhauled unloading processes in the Jiangling and Fenyibei... more
Upgrade around the horn of Africa
Ocean Network Express (ONE) has upgraded its Maputo/Mombasa India Middle East (MIM) service, with weekly departures to start at the end of this month. In line with this change, ONE will be assigning more of its vessels to the MIM service. The increased frequency will begin... more
Asyad goes Singapore
Oman-based Asyad Shipping has opened the company’s first international office in Singapore to expand its business portfolio into the Asian market. Earlier this year, Asyad Shipping commissioned a new container line that connects Oman directly to Singapore and Malaysia to... more
India: big investment to boost rail transport
Indian Railways is purchasing 1,200 electric locomotives from Siemens. This is the largest locomotive order the manufacturer has ever received. Deliveries are planned over an eleven-year period, and the contract, which is valued as EUR 3 billion, includes 35 years of... more
Paris welcomes new Chinese cargo carrier
The Chinese Zongteng Group, a cross-border e-commerce infrastructure service provider, celebrated the arrival of Yun Express' first B777F flight at Paris CDG on 16 January 2023. With a planned annual cargo capacity of over 15,000 t, the newly launched route from Shenzhen... more
OOCL's next behemoth takes to the water
The joint venture between Cosco Shipping and Kawasaki Shipbuilding, Dalian Cosco KHI Ship Engineering in China has completed the new 24,000 tea container unit built for Hong Kong-headquartered carrier OOCL. The most recent ultra-large vessel has a total length of 399.99 m, a... more
A warehouse to cover North India
Godrej Consumer Products (GCPL), an affiliate of the Godrej Group, an Indian multinational conglomerate headquartered in Mumbai, has opened its first warehouse in Tepla, Punjab. The facility has a surface of more than 2044 sqm. Covering North India, the warehouse will serve... more
Changes at Bamboo Airways
Bamboo Airways has appointed Pham Dang Thanh (right) as deputy general director. Graduating from the Kiev Institute of Civil Aviation Engineers (former Soviet Union), he has held many senior positions at prestigious aviation organisations and units such as Vietnam Airlines... more