Another investor for Asian portfolio
ESR, an investor in real estate assets in the APAC region, is welcoming another institutional investor on board. The Chinese investor, whose identity was not revealed, will "recap a prime logistics and industrial portfolio (total GFA over 873,000 sqm) from ESR’s balance... more
Leman chooses Bo Henrik Jepsen
Bo Henrik Jepsen is joining Leman as new group COO air/sea with extensive experience from Maersk, Kuehne + Nagel, Scan Global Logistics, Toll Global and most recently Ceva Logistics. He is married, has two children and is now moving back to Copenhagen after 14 years abroad.... more
BAL goes for expansion
According to Clarkson, the Hong Kong-registered Chinese containership operator BAL Container Line is currently also opting for newbuilds, like other liners. Two new vessels with a capacity of 14,000 teu each will be built at Jiangnan Shipyard and are expected to be ready for... more
A growing trend in container vessel capacity
There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He said: “At 1.9 million teu, the current order book... more
From Copenhagen to Hong Kong
Danish provider Scan Global Logistics (SGL) is continuing its expansion strategy and acquiring Sea-Air Logistics (SAL), effective 5 July 2022. SAL is an air and ocean freight logistics provider headquartered in Hong Kong. Nine months ago, SGL acquired SAL's longstanding... more
First flight into Asia for DHL Air UK
DHL Express has introduced a new Hong Kong – Nagoya/Chubu – Cincinnati - East Midlands route. Operating its inaugural flight to Asia, DHL Air UK commenced the service on 26 June 2022. Currently travelling three times a week, the dedicated B777F will double its frequency... more
Eddie Chang joins Geodis
Global leading transport and logistics services provider Geodis has appointed Eddie Chang as its new managing director for Malaysia. With over 25 years of experience in the logistics sector, Chang’s task will be to drive the company’s growth in Malaysia, a market that... more
New transport mode for agriculture products
Since the opening of the China-Laos Railway on 3 December 2021, cross-border transportation has been on the increase. The railway has carried 4.03 million t of goods during the last six months. The line also provides a new mode of transport for agriculture products between China... more
For more impact in Asia-Pacific
Having received regulatory approval, Geodis has now finalised its acquisition of Keppel Logistics. This transaction consolidates the group’s contract logistics footprint and e-commerce fulfilment services in Asia-Pacific and particularly in Singapore. With a working staff of... more
Korean Air Cargo renews Ceiv Pharma certification
Korean Air has once again received Iata’s Centre of Excellence for Independent Validators Pharma (Ceiv Pharma) certification. With over fifty years of experience and expertise in cargo transport, Korean Air provides customised cold chain services for a wide array of products... more