DHL Express at Asia's crossroads
DHL Express has opened its expanded Central Asia Hub (CAH) in Hong Kong. DHL Express has invested EUR 562 million in the facility since it was founded in 2004. It now handles almost 20% of the company’s global shipment volume, a six-fold increase since 2004. Air freight... more
Yang Ming: profit amidst shipping slump
The Taiwan-headquartered carrier Yang Ming reported a consolidated revenue of NTD 35.9 billion (USD 1,160.72 million) in Q3/2023. Net profit amounted to NTD 2.81 billion (USD 90.73 million). For the first three quarters of 2023, the consolidated revenue was NTD 107.9 billion... more
MOL & Kyuden launch LNG ship "Reimei"
Mitsui O.S.K. Lines (MOL) and Kyushu Electric Power (Kyuden) have introduced "Reimei", a Panamax coal carrier powered by LNG, which began operations on 14 November 2023. Launched at Namura Shipbuilding's Imari Shipyard, "Reimei" serves to transport coal to... more
Linking up with Indonesia's e-commerce market
Singapore Post and Pos Logistics have signed an MOU concerning cross-border logistics with Indonesia. With the Indonesian e-commerce market growing to USD 67.30 billion by 2027, the partnership aims to find ways to keep supply chains to and from the country efficient. It will... more
Safari Express Cargo opts for Octogen
Safari Express Cargo, an international airline based in Nairobi, Kenya, has taken a step towards enhancing its cargo management capabilities by partnering with Cargo Flash Infotech, a provider of air logistics IT solutions. This strategic collaboration gives Safari Express... more
Train service to Irkutsk region introduced
Transcontainer and Ruscon are planning to offer regular intermodal transports of oilseeds to Eastern Siberia. Over three months, pilot trains already delivered 448 teu oilseeds to the Irkutsk region. Now, the two Russian companies want to increase the frequency of services to... more
Kale Logistics to implement Turkey’s first ACS
Kale Logistics Solutions (Kale) will be implementing an airport cargo community system (ACS) for Istanbul Grand Airport (İGA), making it the first airport in Turkey to embark on digitalising cargo data exchange. The cargo community platform, Airport Kargo Paydaş Platformu (KPP),... more
Asia’s quadrilateral TIR-traffic now operational
Two trucks of the Pakistani transport company NLC left Lahore (Pakistan) and crossed the world’s highest border crossings, Sust (Pakistan) and Khunjerab (China), before delivering goods to Almaty (Kazakhstan) via the China-/Kyrgyzstan-border in Turgat. This is the first TIR... more
Who holds the older units?
In its latest report, Alphaliner pointed out that approximately 20% of containership fleet capacity, or almost 3 million teu, is 20 or more years old. This corresponds to about 1,200 container vessels which, due to their age, will not meet the IMO’s sustainability goals at this... more
Bolloré: developments in India and Timor
Bolloré Logistics recently announced new business developments in Timor-Leste and India. On 20 October, Bolloré Logistics Timor inaugurated its newly renovated head office in Dili. With its office headquartered in this city since 2001, Bolloré is the longest serving... more