Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery... more
TT Club concerned over cool chain cargo
There is action required, says TT Club. The analysis of the insurance company’s claims records over the past three years shows that temperature-controlled incidents rank in third place. Almost 30% of these incidents involved a miscommunication of operational instructions... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
15 years between Dubai and Vietnam
Emirates Skycargo, the freight division of Emirates, made its entry into Vietnam in October 2005, setting up its offline presence first in Ho Chi Minh City (HCMC) and Hanoi. Exports from these gateways were carried to other Asian points like Bangkok, Singapore and Kuala Lumpur... more
Digitalisation crucial for pandemic recovery plans
At a high level virtual workshop, the International Road Union (IRU) recently called on all governments along the Europe-Caucasus-Asia international transport corridor to implement e-CMR and eTIR in order to swiftly reap the benefits of road transport digitalisation. The first... more
New transport avenue to Australia’s Central West
Linx Cargo Care Group has enabled a new arterial avenue for Australia’s grain farmers in the Central West with the recent expansion of services from its Linx Intermodal Terminal. Furthermore, the group is now partnering with CWLT Logistics to provide new services between Sydney... more
Toyota's second recognition for 'control tower'
Gefco has received a certificate of recognition from Toyota Motor Europe for cost management excellence in 2019-2020. This is the second time that the company, one of Europe's major players in the automotive logistics industry, has been recognised for its performance in this... more
Partners for the prototype of a further A321 P2F
Sine Draco Aviation Development, a multi-national corporation with headquarters in Nanchang (China) and a subsidiary in Bellevue, WA, has selected Ascent Aviation Services in Tucson, AZ, for modification and completion of its prototype A321 passenger to freighter conversion... more
Seasonal REX service is back
The Turkish shipping company Arkas and its partner Sealand Europe & Med, a Maersk affiliate, have decided to resume their seasonal reefer service. REX, the "Russia Express Service", will commence with the departure of the "Bomar Resolve" from Mersin on 31... more
Supporting health programmes beyond Covid-19
As part of the UN agency vaccination programme Volga-Dnepr Group and the Denmark-based Scan Global Logistics worked together to deliver 180 cbm of vaccines and medical supplies to Turkmenistan. The cargo contained vital diphtheria/hepatitis and BCG vaccine doses as well as... more