01.12.2021

A closer look at financial highlights

It is well known that carriers are currently experiencing a boom with sky-rocketing financial results. The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the financial and volume performances of the major...
01.12.2021

"Curiosity of the Day"

Our stomach does not rumble because we are hungry. The sound comes from muscle movements in the gastrointestinal tract that are always happening - but can only be heard when the organs are empty and not muffling the sounds.

01.12.2021

A first for China

China’s first hydrogen fuel cell hybrid locomotive, jointly built by CRRC Datong and State Power Investment Corporation, has entered service on the Jinzhou-Baiyinhua Railway in Inner Mongolia Autonomous Region. The locomotive’s...
30.11.2021

A stronger presence in China

Railfreight traffic on the New Silk Road continues to grow: more than 12,000 corridor travelled through the Eurasian corridor in 2020, carrying more than 200,000 containers. By 2025, this number is expected to rise to 500,000....
30.11.2021

Two Airbus A400M for Indonesia

Indonesia’s ministry of defence has placed an order for two Airbus A400M aircraft in multirole tanker and transport configuration. The contract, effective in 2022, will bring the total number of A400M operators to ten nations....
30.11.2021

Five promotions at Hill Dickinson

International maritime law firm Hill Dickinson recently moved a number of associate lawyers up to senior associate positions. The promotions are spread across shipping and maritime teams in the firm’s UK and international...
30.11.2021

150 more service points in Canada

Manitoulin is adding yet more locations to its transport network in North America: The Canada-based group has acquired Diamond Delivery and First Canadian Messenger in Surrey, British Columbia. These latest takeovers further...
30.11.2021

ESR raises one billion dollars

ESR, a major APAC focused logistics real estate platform, has upsized its first sustainability-linked loan (SLL) to USD 1 billion after its first close in early November 2021. Taking its inaugural step into sustainable...
30.11.2021

Barcelona's innovation plan adopted

The Port of Barcelona’s management board has validated the port's innovation plan. The ultimate objectives of this roadmap, which includes the proposals set out in the Port of Barcelona’s fourth strategic plan, are to strengthen...
30.11.2021

Quantron beefs up competence team

Quantron, a system provider of battery- and hydrogen-powered e-mobility, has appointed five new senior specialists (from left to right): Alexander Stucke, head of tender management & product management bus, Uwe Hansult,...
30.11.2021

Region's first shellfish farm contracts Emirates

The first shellfish farm to be established in the Middle East region (2016), Dibba Bay Oysters in Fujairah, is exporting 50% of its produce - currently around 200,000 oysters every month - with Emirates Skycargo to Russia....
30.11.2021

Contract logistics for wind turbines

Danish Vestas, a provider of sustainable energy that specialises in the manufacture, installation and servicing of wind turbines, has hired Hellmann Worldwide for its contract logistics operations. Under the agreement, the...
30.11.2021

Upgrade for rail line in South Dakota

The US department of transportation has awarded a grant of USD 22 million for the South Dakota freight capacity expansion project, which will complete upgrades to 260 km of main line on the Rapid City, Pierre & Eastern...
30.11.2021

CMA CGM: another big investment

CMA CGM has contracted the South Korean Hyundai Mipo Dockyard (HMD to build a series of ten 2,000 teu ice-class vessels. The vessels will run on dual-fuel engines and can therefore rely on liquefied natural gas. The order was...
30.11.2021

Record quarter for Air Charter Service

Air Charter Service has recorded its busiest ever quarter for its cargo division, with 1,445 cargo charters in the period August to October. This, combined with its other divisions, resulted in the highest ever revenue for the...
30.11.2021

"Curiosity of the Day"

Moles have to eat at least half their body weight in food every day. If they do not eat for a day, they die.

30.11.2021

First hybrid LNG battery PCTC enters service

A dual-fuel LNG battery hybrid PCTC, a technological innovation, has entered service for UECC. The maritime car carrier company took delivery of the vessel, to be named “Auto Advance”, being the first in a series of three...
30.11.2021

Order for additional e-vehicles placed

USA-based Merchants Fleet is expanding its purchase order from Bright Drop to 18,000 electric vehicles with the addition of 5,400 mid-size electric light EV410s. The order adds to the 12,600 EV600s slated to be integrated into...
30.11.2021

GW completes integration in Bulgaria

Austria-headquartered transport and logistics provider Gebrüder Weiss has now completed the integration of Rhenus Bulgaria into its organisation. Four new locations have joined GW’s national network in Bulgaria – in Burgas,...
30.11.2021

XPO Logistics picks Swati Sharma

XPO Logistics has appointed Swati Sharma as senior vice president and treasurer. She succeeds Ravi Tulsyan, who served as treasurer until his appointment as CFO in September. Prior to joining XPO, Sharma was chief financial...
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