LNG to China via MOL
Tokyo-based MOL is focusing on its LNG activities. Through a wholly owned subsidiary, the carrier signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore). The ENN holding’s headquarters are in Langfang City in Hebei Province, China.... more
Rotate joins Cargotech network
By "Turning data into action", Rotate is joining Cargotech, an air cargo technology platform currently composed of ECS Group's Cargo Digital Factory, Wiremind Cargo, both headquartered in Paris, and Singapore-based Cargo Ai. Founded on 1 June 2022 in Utrecht, the... more
K+N picks Siew Loong Wong for Asia Pacific
Kuehne + Nagel, a provider of logistics services with more than 79,000 employees at over 1,300 sites in over 100 countries, has appointed Siew Loong Wong as its head for the Asia Pacific region. A Singaporean, Wong brings more than twenty years of professional experience in... more
Caspian Sea is top
According to the government of the Astrakhan region (Russia), traffic at the port of Astrakhan at the northern end of the Caspian Sea posted a significant growth year-on-year, with throughput rising five-fold compared to the year before. This surge is attributed to the increase... more
Strong financial year for Australian Post
Australia Post has reported its results for its financial year (FY) ending 30 June 2022. The company saw revenues of AUD 8.97 billion (USD 6.14 billion), up 8.5% compared to the FY before. This success was driven by strong first-half parcels revenue, while in the second half... more
Rhenus starts new business in China
Rhenus Group has set up its first office in Changsha, Hunan Province in China. It will offer a wide range of logistics services to enable local businesses to expand their overseas outreach. The new office will offer solutions all along the supply chain, including air and... more
Major renewable energy certificate deal for Hactl
Hong Kong Air Cargo Terminals Limited (Hactl), the SAR’s largest independent handler, has signed an agreement to purchase renewable energy certificates (RECs) from CLP Power Hong Kong Limited equating to 45.9 GWh of power generated from renewable energy sources.The move is the... more
Empties take their toll
A new container yard for empties has opened in the Port of Shanghai. It is intended to help the Shanghai International Port Group (SIGP) tackle the flow of empty containers. Located in the Yangshan Special Comprehensive Bonded Zone, the yard is expected to handle a... more
Amur tigress treated as a princess
Last month, Aeroflot transported a tigress from the Russian Far East for treatment in Moscow Zoo’s centre for rare animal reproduction. The transfer took place on a scheduled flight from Vladivostok to Moscow.The Amur Tiger Centre addressed the airline with a request to... more
Rail First changes ownership
DIF and Amber are jointly acquiring the Australian railfreight leasing company Rail First on a 50-50 basis. The companies have signed a takeover agreement to this effect. The transaction is subject to approval by Australia’s foreign investment review board and is expected to... more