MOL's diversification policy scores 
In Japan, the Daibiru Corporation, a real estate company and affiliate of MOL, has concluded a contract to acquire trust beneficiary rights for a partial equity interest in the facility ‘Otemachi First Square’. In its portfolio strategy, the company defined the hedging of... more
Airfreight partners to connect in the clouds
The Singapore-based digital enabler Cargo Ai and Chain.io, a US cloud-base integration platform, have formed a strategic technology partnership. The aim is to allow most large and medium-sized freight forwarders on Chain.io’s network to easily connect to Cargo Ai’s platform to... more
More than Kiwis
In mid-October 2022, the new Militzer & Münch New Zealand subsidiary was born. With the first branch office in the capital Auckland, headed by Shakir Samsudeen, the company also has its sights set on the Polynesian region. Samsudeen reports to Andreas Löwenstein,... more
Changes at the helm of TAM Americas
TAM Group, a leading GSA/GSSA in Asia and the Americas, has announced several senior-level appointments (pictured fltr), coinciding with the opening of new offices in North and South America. Fernando Garreton has been promoted to VP Americas to lead the group’s foray into... more
Duisport is not Tollerort
In Germany, Cosco has sold its shares in the Duisburg Gateway Terminal (DGT) to Duisport, the operator of the port of Duisburg, as it was announced recently. The Chinese player had held 30% of the shares. So far, neither party has not disclosed what lies behind this step.... more
A twin operation in India
Röhlig Logistics is opening two offices in India at the same time. The sales offices in Ludhiana, Punjab and Bhubaneswar, Odisha, have now come on stream. Röhlig has identified India as one of the fastest-growing economies worldwide, being the target of many global players... more
Mars Logistics now on French soil
Mars Logistics, a logistics branch of the Japanese group Hitachi Transport System and a former Turkish brand, is continuing its expansion in Western Europe. The company recently started operations in France, leasing warehouse space of about 5,200 sqm within GLP's Logistics Park... more
Vessels Value's outlook on newbuilds
Rebecca Galanopoulos Jones, senior content analyst at Vessels Value, has underpinned current developments on the maritime container market with the latest data. While volumes on the main trade lanes are slowing despite congestion, container traffic continues to decline gradually... more
2M reshaping the Transpacific
Carriers are continuing to readjust their shipping capacities to decreasing demand. Now, the 2M Alliance of Maersk and MSC has bundled the TP1/Maple and TP9/Eagle services into a new offering. The first sailing of the new consolidated TP1/Maple service will be on 28 October... more
Trucks to link Zhuhai and Hong Kong via Macau
Nippon Express has launched a cross-border transport service connecting Zhuhai and Hong Kong by truck via the Hong Kong–Zhuhai–Macau Bridge (HZMB). Due to the spread of Covid-19 infections, severe traffic restrictions are still in place between Shenzhen and Hong Kong in... more