MOL enhances LNG carrier fleet
The second LNG carrier out of four vessels built in China for the Yamal LNG project has been named “LNG Merak”. The naming ceremony for the LNG carrier, which was jointly ordered by MOL and China Cosco Shipping, was recently held at Hudong-Zhonghua Shipbuilding. The Yamal... more
Qatar Airways Cargo launches freighter service to Japan
Qatar Airways Cargo, one of the world’s major air cargo carriers, is expanding its cargo network in Asia Pacific with the launch of a twice weekly B777F service to Osaka, Japan effective today, 14 January 2020. Approximately 200 t of cargo capacity will be offered per week... more
CMA CGM tidies up its global portfolio
CMA CGM’s investment in Ceva Logistics, new technologies and fleet expansion measures have left their mark. CMA CGM has signed an agreement with China Merchants Port Holdings to sell, for USD 968 million, ten container terminals to Terminal Link, the two partners’ joint... more
USD 500 million for logistics facilities in China
ESR, a large APAC focused logistics real estate platform, has entered into a strategic partnership with Singapore’s sovereign wealth fund GIC to establish a joint venture with a total equity commitment of USD 500 million. The joint venture, which marks ESR’s latest launch in... more
Joint efforts to expand intermodal network
Greenlog & Nothegger will cooperate in international intermodal traffic in order to provide intermodal services to connect Europe and Turkey with Iran, Georgia and the CIS, the companies said. Greenlog Intermodal has more than 30 years of experience in intermodal traffic and... more
Russian Railways: export cargo volumes on the rise
Export cargo volumes shipped by the Russian Railways (RZD) to sea ports were 3.6% higher in 2019 than in 2018 and amounted to 308.8 million t. About 131.1 million t of cargo were shipped to north-western ports last year (+3.4% above 2018), 76 million t to southern ports (+1%),... more
(No) more conversions in 2020
Acia Aero Leasing, which was established in early 2000 to provide aircraft leasing and management solutions to a wide spectrum of clients and end users, has just completed another large cargo door conversion of an ATR72-200, the first of five targeted conversion completions for... more
Kyrgyzstan has great potential along key corridors
Kyrgyzstan can tap into the benefits of its strategic location along key transport corridors between Europe and Asia. Fundamental for its success is the creation of a modern transport infrastructure network, according to a Unece study. Road haulage remains the focus of freight... more
Central Indian airport adds logistics park
GMR Hyderabad Aerotropolis Limited, a subsidiary of GMR Hyderabad International Airport, has formed a joint venture with ESR Hyderabad 1, a subsidiary of Hong Kong-headquartered ESR Cayman Limited, to develop a 268,000 sqm logistics and industrial park at Hyderabad airport city.... more
DHL Supply Chain signs contract with Nestlé
Nestlé has appointed DHL Supply Chain to manage warehousing operations for its food products in Myanmar, which include household brands such as Coffee mate, Milo and Nescafé. Total operations for Nestlé products span 4,000 sqm, accounting for more than 60% of the total cargo... more