New member for steering committee on mediation 
Edward Liu, legal director with Hill Dickinson Hong Kong, has been elected as a member of the steering committee on mediation and its public education and publicity sub-committee each for a new term from 1 January 2020 to 31 December 2021. Damien Laracy, managing partner of... more
Tanker acquisition via remote
It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic restrictions. The 40,000 t tanker changed hands... more
New Mediterranean loops operational
The AEM6 is an Ocean Alliance's weekly liner service connecting South Korean, Chinese and SE Asian ports with the Adriatic, including stopovers in the Red Sea and the Mediterranean, has started its amended loop. Evergreen's first vessel sailing according to the new rotation... more
Chinese RHI buys Cargotec out of JV
The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore cranes for Kalmar and MacGregor business areas at... more
U-Freight strengthens presence in Malaysia
The U-Freight Group is seeking to increase its presence in cross-border logistics between Thailand, Malaysia and Singapore and has confirmed the appointment of Ong Boon Seong as a director of U-Freight Logistics Sdn Bhd to spearhead the expansion programme. Based at... more
Train brings Russian chicken to China
Russian Railways Logistics (RZDL) is sending frozen chicken products per train to China for the first time, using the agro-express container trains that were introduced in 2019 to offer rapid food transports from Russia to China. A refrigerated container with Russian chicken... more
Strengthening trade lines to Scandinavia and France
Qatar Airways Cargo is now serving Copenhagen with eight (+ five) weekly A350 freight-only passenger aircraft, exceeding 500 t of total weekly cargo capacity each way. In Oslo, two B777F and A330F flights have been added to the existing six weekly freighter flights and three... more
From CFO to CEO
In 2017 Tim A. Hartnoll returned to his role of CEO of X-Press Feeders when Tristan Howitt felt that he needed to step down after his cardiac surgery. Now Hartnoll said: "Since then Francis Goh has ably taken over the role of COO and Shmuel Yoskovitz of CFO, allowing me... more
Significant decreases in port throughput now over?
The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to previous weeks. Compared to last week, the... more
Kerry Logistics forms JV in Sri Lanka
Kerry Logistics has set up a new joint venture, Kerry Logistics Lanka, with IAS Holdings in Sri Lanka to strengthen its international freight forwarding capabilities in South Asia. Headquartered in Colombo, Sri Lanka, Kerry Lanka sits at the strategic crossroads of East... more