M&M expands in Serbia 
Militzer & Münch (M&M) has founded a joint venture with the Serbian logistics company Invictus. With this move, the transport company that is headquartered in Switzerland intends to expand its existing network in the Balkans. The partners plan to develop the JV into... more
Wordwide GSSA network goes Down Under
40 years after it was founded in Australia, the GSSA Wexco has joined ECS Group. Through this acquisition, ECS Group is developing its presence all around the world. Grown into the New Zealand market in 2003, Wexco enjoys an excellent reputation in the Pacific region - a crucial... more
Japan – Europe over land in just 23 days
Nippon Express recently introduced "NEX Ocean-Solution China Land Bridge", a multimodal transport service from Japan to Europe that uses cross-border rail transport between China and Europe via Xiamen in China. This service combines marine transport from major... more
The next MLO LNG carrier for Yamal is ready
The naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China Cosco Shipping, was recently held at Hudong-Zhonghua Shipbuilding Group in China. As many participants in the Yamal LNG project looked on, the newly built vessel was named the "LNG... more
First LNG transaction with the BLNG3 assessment
LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG... more
Noatum Logistics acquires PT. JCL Indonesia
Noatum Logistics has taken another step forward in its internationalisation in Asia with the acquisition of PT. JCL Indonesia, with offices in Jakarta, Surabaya, Semarang, Bandung and Yogyakarta. Rafael Torres, CEO of Noatum Logistics: "With this additional geographical... more
More hinterland connections in China
With a new railway link from Chongqing in the southwest of China to the port of Qinzhou in the south of the country, cargo-partner covers 16 provinces in western and central China and thus reaches all the important production sites in the Chinese hinterland. The new rail... more
Ports of Auckland calls 2019 a "tough year"
Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower compared to NZD 76.8 million for the previous... more
Britannia P&I adds more expertise in Singapore
Britannia P&I's Managers, Tindall Riley, has added four new colleagues to the Singapore team. This expansion reinforces Britannia’s strategy of developing its regional hubs, bringing its services closer to members. Francis Church, having moved from the Managers’ London... more
Heavylift from South Korea to Thailand
The handling and transport of an exceptional cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek (South Korea) to Map Ta Phut (Thailand), was done by project heavy lift carrier AAL. The units will be installed at one of Thailand’s major... more