A fleet for JWS steel
JSW Steel, an India-headquartered steel manufacturer with a global presence in 140 countries, is building a fleet of shallow draft vessels. The Indian Register of Shipping (IR class) recently classed three 8000 DWT general cargo vessels for JSW Shipping & Logistics based... more
Biggest acquisition for K+N so far
Swiss transport and logistics group Kuehne + Nagel (K+N) is acquiring the Chinese air freight company Apex, which has around 1,600 employees and handles 750,000 t of air freight and 190,000 t of sea freight per year. According to Kuehne + Nagel, this transaction is the... more
Block train delivers crucial medical equipment
Maersk has organised another block train service from China to Poland. The 41-container-long train left the Chinese city of Yiwu (Zhejiang province) bound for the intermodal terminal in Małaszewicze, Poland, carrying personal protective equipment procured by Zarys International... more
Second cargo route from Kenya to India
Following the recent refurbishment of a B787, Kenya Airways Cargo has launched a direct freighter service between its Nairobi hub and the Indian capital New Delhi. The first uplift of 33 t from New Delhi included pharma, medical equipment, machinery and spare parts, time... more
Building a new rail hub in Hungary
HHLA intermodal company Metrans is building another rail terminal in Hungary to expand its transport services along the Adriatic corridor and towards southern and south-eastern Europe. HHLA and the Hungarian government have signed an agreement to this effect. The hub... more
World fleet reaches milestone
According to data from Clarksons Research, the global merchant fleet of ships passed the threshold of 100,000 units (with more than 100 GT) at the beginning of February. A total of 100,001 vessels were registered, with an average tonnage of 21,355 dwt and an average age of the... more
Lithuanian haulier places mega order
Girteka Logistics is investing in no less than 2,000 of the latest generation Volvo FH trucks. The haulier, based in Lithuania, has 15,000 truck drivers and 8,000 trucks, operating a vast network in Europe and Russia. Girteka Logistics sees the mega investment as a logical... more
Britannia P&I launches "B Korea"
Tomorrow, 20 February 2021, Britannia P&I will officially launch B Korea P&I Correspondent as its exclusive correspondents in Korea. B Korea will replace P&I Bros and be based in a new office located at the Seoul Finance Centre, Jung-gu, Seoul. It will be headed... more
Shippers go to the barricades
Shippers recently found strong words for situation of the shipping market and the lack of mechanisms to resolve it. Denis Choumert, chairman of Global Shippers’ Alliance (GSA) and the European Shippers’ Council, spoke of "immense impairments" and sufferings of... more
Regular Asia-Americas service
The Singapore-based AAL Shipping (AAL) has decided to commit to one sailing per month between Asia and the Americas in 2021. With last year's experience of carrying a much broader portfolio of cargoes into Central America, United States Gulf of Mexico (USG), and the United... more