KWE also wins in 2021 
Japan’s Kintetsu World Express (KWE) has reported its financial results for the first nine months of the fiscal year ending 31 March 2022. While revenues went up by JPY 703.2 billion (USD 6.06 billion), an increase of 65.6% compared to the same period in 2020, operating income... more
A direct link from Northern Europe to China
Hamburg-based carrier Hapag-Lloyd will soon replace its Far East Loop 6, 7 and 8 services. The shipping company is launching a new direct China Germany Express (CGX) service. The two-port loop product will directly connect Northern Europe with Southern China on a weekly... more
West-east service via Moscow
Fesco is launching a regular rail service from St. Petersburg to Chita and Blagoveshchensk via Moscow. With the new train, customers now can deliver their goods to the Trans-Baikal Territory and the Amur Region via the capital of Russia as part of a single logistics service.... more
Vessels Value welcomes Alexander Adamou
Online valuation and data provider Vessels Value has appointed Alexander Adamou to the board of directors. As an experienced mathematician and modeller in the shipping industry, he will oversee the scientific research that underpins the company’s products in his new role as... more
AXS Marine and Baltic Exchange join forces
The Baltic Exchange, an affiliate of the Singapore Exchange (SGX) since 2016, is integrating the access to its indices via AXS Marine's chartering and analytical SaaS platforms. This combination enables charterers, shipowners, shipbrokers and freight analysts to deliver... more
Pushing profitability without passengers
In line with last year's transformation into a combination carrier with equal emphasis on both cargo and passengers, Air Asia X (AAX), the medium haul, low-cost affiliate of Malaysia's Capital A (formerly Air Asia Group), has secured full belly space utilisation for one third of... more
Etihad Cargo switches to Airbus
Etihad Airways has signed a letter of intent (LoI) for seven A350 freighters to add to its existing fleet of five A350-1000 passenger versions. The announcement was made at this week's Singapore Airshow. The UAE flag carrier has also selected Airbus’ flight hour services (FHS)... more
More information on supply chains
The Australian government has made new data available in its supply chain benchmarking dashboard, further helping freight operators and the businesses they support to improve their operations and save on costs. The dashboard, developed by Csiro, the country’s national... more
Fit for future trade
A number of associations have joined forces to create new data standards. Bimco, Fiata, the International Chamber of Commerce (ICC), Swift and the Digital Container Shipping Association (DCSA), in conjunction with its nine member carriers, have inked a memorandum of... more
The Alliance: changes in spring 2022
The Alliance will introduce several adjustments to its network in spring 2022. A key change is the split of the hitherto FP2 pendulum loop into the two services FE5, linking Southeast Asia to Europe, and PS7, linking Southeast Asia and South China to the Transpacific West Coast.... more