Growth in world maritime trade slows down 
The UN conference on trade and development (Unctad) in Geneva (Switzerland) has published the 2019 edition of its Review of Maritime Transport, covering the development of maritime freight, world fleet, rates and markets, ports and regulatory and legal framework in 2018. The... more
Russian Railways to work with Cargo Beamer
Russian Railways (RZD) and Cargo Beamer have signed a memorandum of cooperation to develop joint rail services between Europe and China and create new logistics products in Russia using Cargo Beamer technology. The technology is designed for piggybacking – carrying trailers... more
Ceva cares about medical equipment in India
In a further expansion of its global healthcare capabilities, Ceva Logistics has launched a specialist installation service in India for large-scale medical equipment using its own dedicated team of engineers and technicians. Ceva’s expert team will be responsible for... more
Coli und Global renewables head jointly for Japan
Global Renewables Shipbrokers (GRS) from Hamburg is starting a strategic partnership with Coli Schiffahrt & Transport in the offshore renewables market in Japan. The aim of the cooperation is to provide joint project development of offshore wind farm projects in the land of... more
Much more capacity for Garuda Indonesia
Garuda Indonesia and the Ireland-based aviation lessor and financier Gecas have entered into a lease agreement for two 737-800 Boeing-converted freighters (BCF). The passenger-converted aircraft are slated to be phased in mid-2020 and will provide additional capacity to Cargo... more
U-Freight launches iShipmore
The Filipino partner of the U-Freight Group (UFL) has launched iShipmore, a new online shipping platform to assist individuals who want to ship items bought online to consignees based in the Philippines. A major reason behind the launch of the new platform is to overcome the... more
HMM issues convertible bond for new investments
The South Korea-headquartered carrier Hyundai Merchant Marine (HMM) plans to issue a convertible bond with a volume of KRW 660 billion (USD 562.4 million). The shipping company is highly indebted with KRW 4.1 trillion KRW (USD 3.49 billion). Due to the shipping company's... more
Swiss World Cargo (re)sets new destinations
With flights to Colombo, Sri Lanka, resuming as per today, 31 October 2019, Swiss World Cargo, the airfreight division of Swiss International Air Lines, begins operating new routes for the winter timetable 2019. Like the service resumptions to Phuket, Thailand and Ho Chi Minh... more
Chinese cars shipped by train to Russian market
The Fesco Transportation Group, which is based in Russia, is launching a regular container train to carry cars from Chongqing (China) to the Kaluga region through Mongolia, expanding the geographical range of expedited overland services between China and Russia. The route goes... more
OOCL gains ground in 2019
OOCL has reported its unaudited operational results for Q3/2019, which ended on 30th September this year. The Hong Kong-headquartered company saw an uptick in volumes (+4.1%) compared to the same period last year. Total revenues in the period rose by 5.8% to USD 1.65... more