MOL integrates part of its maritime business 
Japanese liner MOL recently passed a resolution to establish the new company MOL Drybulk - as the merger of its small- and medium- sized bulk carrier business, wood chip carrier business and Panamax business (excluding services for steel manufacturers and domestic electric power... more
Speeding up decarbonisation
The decarbonisation of Fortescue Metals Group’s locomotive fleet in Australia is ramping up with the arrival of two locomotives at Fortescue Future Industries’ (FFI) research and development facility in Hazelmere, Perth. The two four-stroke locomotives join the first... more
Another concept for ammonia as shipping fuel
Japanese liner K Line and Shin Kurushima Dock have joint AIP for the concept design of an ammonia fuelled car carrier from Nippon Kaiji Kyokai (Class NK). As ammonia fuel does not emit carbon dioxide (CO2) during combustion, it is attracting attention as a next-generation... more
UTLC ERA: 80% of all broad gauge transports
In 2021, the increase in economic activity also boosted demand for logistic services, resulting in a rapid growth of railway traffic between Europe and China. By the end of 2021, the volume of railway container transportation between the two largest world economies will approach... more
A closer look at Christmas consumption
In its latest analysis, Copenhagen-based maritime intelligence provider Sea-Intelligence underlined that, while demand in USA maintains record levels, it is partially hampered by supply chain ruptures. Data proves that personal consumption in the country reached record levels in... more
Start-up expands in Asia
The Singapore-based startup Pickupp raised USD 37 million in its series B funding round, closing its third fundraise in 13 months. The main investor was Jardine Matheson, a diversified Asian-based group with a broad portfolio of market-leading businesses. Other investors... more
SAS Cargo picks Camilla Gram
Effective 1 December 2021, Camilla Gram has been appointed head of global sales & marketing in SAS Cargo. Gram, who formerly held the role as head of sales Scandinavia & Europe, has been instrumental in SAS Cargo's development over time and a driving force in how the... more
More money for Manila
Philippines-headquartered port and terminal operator International Container Terminal Services (ICTSI) continues to invest in its flagship Manila International Container Terminal (MICT). While the second phase development of MICT’s Berths 7 and 8 is in progress, which will... more
Container logistics' prospects for 2022
A recently published report throws light on the strategies the logistics industry is likely to develop next year. The company Container X Change's "industry speak survey 2021-22" combines key learnings from 2021 and outlook for 2022 from 800 container logistics players... more
Drone Fund invests in Wingcopter
German drone delivery pioneer Wingcopter has received an investment from Drone Fund, a Japan-based venture capital company specialising in drone- and air mobility-related start-ups. The investment is made out of Drone Fund’s JPY 10 billion/USD 90 million strong third fund. It is... more