EUR 41.2 million for rail project 
The European Investment Bank (EIB) will provide a EUR 41.2 million loan to support a project to upgrade Moldova’s north-south rail corridor. On a total length of 370 km, 128 km will be rehabilitated, including the replacement of 50 switches at stations. This corridor serves... more
Difficult times for real estate in Hamburg
2023 was a year of mixed results for real estate in Hamburg. Engel & Völkers Commercial Hamburg looks back on last year and predicts developments for 2024. In 2023, around 285,000 sqm of industrial and logistics space was taken up in Hamburg - in 2022, take-up was... more
Another three-year mandate
At its recent electoral assembly, the Spanish Federation of Freight Forwarders (Feteia-Oltra) welcomed delegates from the country’s 20 freight forwarder associations. Enric Ticó was unanimously elected president of the organisation for the next three years. He has held this... more
ICS2 to come into force in June
The European Union is introducing a new process for goods entering its territory by maritime and inland waterways, road, and rail. The new customs pre-arrival safety and security system, called Import Control System 2 (ICS2), will require carriers to provide data on goods... more
Rhenus builds rail loading facility
The port agency Rhenus Weserport Bremen, which is part of Rhenus Group, has previously focused on transferring cargo from seagoing vessels to trucks and inland barges. It is now extending its railway line and building a new rail loading facility to better serve its customer... more
Subsidies for Switzerland's freight sector
The Swiss government is planning to shore up railfreight and inland navigation to make the country’s freight transport network more efficient. Single wagonload transport, which is currently operated by SBB Cargo, is to receive temporary financial support for eight years. The... more
Mixed skies above Liège airport
With 1,005,676 t transiting through its facilities in 2023 (-11.8%), Liège airport remains in pole position in Belgium and among the European players. Q4 increases in cargo movements (+3.3%) and imports tonnage (+2.3%) suggest a slight recovery in the market. CEO Laurent... more
IDS to be carbon neutral by 2050
IDS has announced plans to become carbon neutral by 2050 in its new “IDS Green Logistics” project. The German cargo network comprises 54 depots and 7,100 employees. In 2023, the company adopted a network-wide structure to enhance cooperation in its sustainability strategies.... more
A jolly crew
Ignazio Messina & C., a Genoese shipping company, has taken over the 'Jolly Giada', a full-container ship, at the Port of Algeciras, completing its first phase of planned acquisitions in the container vessel market. The 'Jolly Giada', a sister ship of the recently... more
Hapag-Lloyd: new head for ME business
Lars Sorensen assumed his new role as senior managing director region Middle East based in Dubai (UAE) on 1 January 2024. Sorensen joined Hapag-Lloyd five years ago as managing director area India. Sorensen replaces Dheeraj Bhatia, who will join the Hapag-Lloyd executive... more