Mission accomplished in Eastern China 
In Eastern China, the ESR Group, a major real asset manager in the Asia Pacific region, has completed ESR Wenzhou Ruian Logistics Park. The logistics facility has a planned GFA of more than 129,000 sqm. It is located in the Wenzhou Ruian Economic Development Zone, Wenzhou, a... more
Traces of uranium at LHR
A man has been arrested and released on bail as part of an ongoing investigation linked to the discovery of traces of uranium within a cargo package at Heathrow Airport on 29 December 2022. Officers from the Met’s Counter Terrorism Command were contacted by Border Force... more
Recent developments in global piracy
The ICC International Maritime Bureau (IMB)'s report on global piracy in 2022 sums up 115 recorded incidents of piracy and armed robbery against ships – compared to 132 in 2021. In total, 107 vessels were boarded, two vessels hijacked, five attack attempts failed and one vessel... more
Expanding rail to truck transload facilities
In USA, Iowa Interstate Railroad (Iais) has purchased Iowa City’s Industrial Campus plot to develop a new rail to truck transloading facility. The site, including an existing rail spur, connects to the 920 km Iais network, providing shippers with direct access to all seven... more
Prologis Europe promotes Sander Breugelmans
Prologis Europe has promoted Sander Breugelmans to head of capital deployment in Europe, effective 1 January 2023. Breugelmans takes over from Joseph Ghazal, who now leads the company’s global capital deployment. In his new role, Breugelmans will oversee all teams... more
Another acquisition in Southern Germany
International transport and logistics service provider Gebrüder Weiss is taking over 100% of the Rentschler Transport + Logistik forwarding company based in Altensteig, Baden-Württemberg (Germany). 80 employees will transfer to Gebrüder Weiss. The parties have agreed not to... more
Who would like to buy Pembroke?
Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke. Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity -... more
Istanbul Alibaba's next hub?
Several international and Turkish papers have stated that the Chinese e-commerce group Alibaba is planning a new logistics hub in Turkey. Besides a warehouse close to Istanbul Airport, a data centre near Ankara is part of the scheme. The total investment will be USD 1... more
Xstaff strengthens management team
Effective 16 January 2023, Stephan Schiller has taken over as new managing director and partner of Xstaff. Most recently managing director of Hermes Europe and CEO of Hermes International, Schiller will lead the company in partnership with founder Bodo Knop and Antonios Rigalos,... more
Asyad goes Singapore
Oman-based Asyad Shipping has opened the company’s first international office in Singapore to expand its business portfolio into the Asian market. Earlier this year, Asyad Shipping commissioned a new container line that connects Oman directly to Singapore and Malaysia to... more