Drewry on the flow of new containers 
In its latest report, "Container Census & Leasing Annual Review & Forecast 2022/23", London-based maritime research consultancy Drewry estimates that congestion across global supply chains means that containers were 15 to 20% less productive than in pre-Covid... more
JD Logistics grows global foot print
China-based JD Logistics has reported its interim Q2/2022 results. The company’s revenues from external customers increased by 27.7% to RMB 18.2 billion compared to Q2/2021. This division accounts for nearly 60% of total revenue for the quarter. Main commodities were FMCG, home... more
Afcom bets big on ASEAN region
Afcom Holdings, a professionally managed international cargo airline headquartered in Chennai (India, reiterated its commitment to the ASEAN region by taking delivery of its first aircraft - Boeing 737 freighter. Afcom has been operational since September 2021 through its... more
Green refrigeration technology for Azerbaijan
The European Bank for Reconstruction and Development (EBRD) is boosting transit capacity and import and export cargo capacity in Azerbaijan by providing a loan of up to USD 4 million for the construction of a cold and dry warehouse. The investment addresses the shortage of... more
U-Freight Group promotes two executives
International freight services and logistics provider U-Freight Group (UFL) has promoted two key executives based at its headquarters in Hong Kong. Amy Wong has been promoted to chief administrative officer of U-Freight Group tasked with supervising the day-to-day... more
A carrier for carbon
Japan's New Energy and Industrial Technology Development Organisation (Nedo) has completed the conceptual design of a new vessel. A project entrusted by Nedo to Japan CCS also involved MOL which launched research and development (R&D) on the adoption of a large-scale... more
Deal undone 
Container production – MCI not to CIMC. The emergence of a container manufacturing oligopoly still seemed unstoppable in October. The fact that these expectations weren’t fulfilled is related to global policies. more
New rail link between Baltics and Turkey
Metrans has introduced new rail connections between the Baltic Sea, Central Europe and Turkey by adding Gdansk (Poland) as another terminal in Northeast Europe to its network. The new link with Turkey is operated in partnership with Omsan Logistics. The first container train... more
UK P&I Club welcomes William Beveridge
UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has appointed William Beveridge as chief underwriting officer, effective 17 September 2022. Reporting to CEO Andrew Taylor, Beveridge will oversee all the club’s... more
Two ASL Group members join Iata
Three weeks before the Iata World Cargo Symposium (WCS) in London, where ITJ will distribute its upcoming edition 39-40/2022, the global airlines' association has announced that ASL Airlines Belgium has become an airline member effective 18 August 2022. Formerly TNT Airways,... more