World’s first rotor sails on capesize vessel
Mitsui O.S.K. Lines (MOL) and Vale have retrofitted the world's first capesize bulk carrier, ‘Camellia Dream’, with two Norsepower rotor sails. This innovative step is part of efforts to reduce greenhouse gas emissions, with the vessel expected to achieve a 6-10% reduction... more
Growing volumes between booming regions
Trade between the Gulf nations and emerging Asian nations continue to show high growth momentum, surging 35% from USD 383 billion in 2021 to USD 516 billion in 2022, and is expected to reach USD 757 billion by 2030, outstripping growth rate with Western nations such as the US,... more
Showcasing logistics capabilities in China
Saudia Cargo has unveiled its campaign "Landing in China in 24", which aims to underscore the carrier's commitment to empowering Saudi exports and ensuring they gain a strong foothold in China, Saudi Arabia's main trading partner with 17% of total exports. The campaign... more
Growing intermodal network in Western Australia
Intermodal Group continues to expand its railfreight network in the Perth metropolitan area, by launching a rail service between North Quay (Fremantle Port) and the newly opened Kenwick Intermodal Terminal (IMT) in Western Australia. The train is operated by Watco Australia.... more
Another rail service for Moscow
The new train connects the Selyatino rail station in the Moscow region with Ekaterinburg, a major commercial centre in the Urals, Russia, in 2.5 days. The new service, launched by Transcontainer, will operate ten trains per month and supplement the existing service from Moscow’s... more
Ramping up operations in Asia-Pacific
The e-commerce platform iHerb is teaming up with Alibaba’s logistics arm, Cainiao, to expand its activities in Hong Kong and boost its fulfilment capacity in response to a growing demand for its vitamins, minerals and supplements in the Asia-Pacific region. iHerb’s recently... more
Cosco: certification for information security
Cosco Shipping Lines has obtained the Tisax (Trusted Information Security Assessment Exchange) certification, which confirms that the company meets the stringent EU automotive industry standards for information security risk control. This certification, which is more... more
MOL WINs again
Tokyo-Mitsui O.S.K. Lines (MOL) has once again been selected as a constituent of the MSCI Japan Empowering Women Index (WIN) for fiscal year 2024, reflecting the company's ongoing commitment to gender diversity. Constituent companies in the index are selected based on the... more
Five new LNG dual-fuel ships to join PIL fleet
Pacific International Lines (PIL) has ordered five new 13,000 teu container vessels equipped with LNG dual-fuel engines, as part of its fleet renewal strategy. The neo-panamax vessels, designed for efficiency, safety, and sustainability, will be built by Hudong Zhonghua... more
An AI software to optimise cargo flows
Mabkargo has selected Unisys and its logistics optimisation solution to enhance its operational efficiency, capacity utilisation, and service delivery. The Unisys software turns complex data into strategic insights by leveraging diverse computing methods and pre-trained AI... more