Yang Ming's H2/20020 on the rise 
Benefiting from strong freight rates and relatively low fuel costs, Keelung-headquartered Chinese shipping group Yang Ming was able to improve its figures despite the corona impact. For H1/2020, the company’s consolidated revenues were down by 12% compared to the same period... plus
Triple Seven for ABC, more China for Atran
A B777F joined the Volga-Dnepr Group fleet of 24 Boeing freighters earlier this week. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo (ABC), a subsidiary of the Volga-Dnepr Group, which is among the world's largest Boeing freighter operators,... plus
LNG for three PCTC
As previously reported (see ITJ Daily of 22 June), European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, will build three LNG battery hybrid powered generation PCTC with China Ship Building Trading and Jiangnan Shipyard Group.... plus
JD Logistics launches warehouse in Langfang
JD Logistics has inaugurated a new warehouse in Langfang, Hebei province, near Beijing, equipped with the first automated storage and retrieval system for bulky items in Asia’s e-commerce industry. It is expected to greatly improve efficiency in handling items including air... plus
From XI’an to Amsterdam in 17 days
As of 1 September 2020, Dutch forwarder Nunner logistics will join forces with its partners Tiedada and TMA to launch a new intermodal service between China and the Netherlands with further connection to London, UK by short sea. The new train will run directly between Xi’an... plus
Eastland Group welcomes new board members
Eastland Group, the New Zealand-based infrastructure, logistics and energy company, has two new directors. Shareholder Trust Tairāwhiti has appointed Candace Kinser and Jim Quinn to the Eastland Group board. They join chair Matanuku Mahuika and directors John Rae, Jon Nichols... plus
Far-reaching newcomer from Moldova
7 August was a historic day for Aerotranscargo, as its Boeing B747-400ER-JAI landed in Australia for the first time. Brisbane airport guided the aircraft to a nose-in gate of its international terminal. To get a ‘Foreign Air Transport AOC’ and thus be able to operate to... plus
Kaliningrad to become east-west gateway
Russian Railways RZD is set to develop a multimodal transport and logistics centre in the Kaliningrad exclave, to increase delivery speeds and reliability and reduce logistics costs for shippers.The export-import hub will see freight shipped both to and from Russia, as well as... plus
Maritime arbitration - a centred business
London continues to dominate the market for international maritime arbitration, according to an analysis presented by the law firm HFW, accounting for more than 80% of all cases worldwide.London handled 1,737 maritime arbitrations in 2019 – up by 14% on the previous year – which... plus
Hapag-Lloyd weathers H1 well
The Hamburg-based carrier Hapag-Lloyd improved its financial result significantly in H1/2020, but lost volumes. While revenues rose by 2,5% to EUR 6.4 billion (EUR 6.2 billion in H1/2019), earnings before interest and taxes (ebit) surged by 14% to EUR 511 million, thereby... plus