Asyad Group acquires Skybridge Freight Solutions
Oman-headquartered logistics provider Asyad Group has acquired Dubai-based multimodal freight forwarder Skybridge Freight Solutions (SFS) to grow the geographical scope of its business. Established in 2007, SFS offers freight forwarding services across air, sea and land in addition to warehousing and distribution. The company caters to a diverse array of major industries including food, energy, […]
Smart reefer monitoring system transforms Thessaloniki Port
Thessaloniki Port Authority (ThPA) is enhancing its reefer container handling capabilities by integrating RTE’s GRASP automated reefer monitoring platform. This cutting-edge system, along with WRAD II Bluetooth® wireless devices, is expected to transform the Greek port’s reefer operations, ensuring more efficient and effective handling. “Our first terminal project in Greece is an exciting opportunity for […]
GE Vernova blames faulty manufacturing for Vineyard Wind blade incident
The manufacturer of the damaged blade on the Vineyard Wind farm, GE Vernova, has revealed the findings of a preliminary investigation and claims that the problem was faulty manufacturing, not a design flaw. The turbine suffered blade damage on July 13. No one was hurt but the island beaches were strewn with fibreglass shards and […]
Nine seafarers missing after ship sinks off Taiwan
A Tanzanian-flagged general cargo ship Fu Shun capsized and sank in stormy weather off Taiwan with its nine crewmembers missing. The 1985-built 56-m-long vessel went down around 19 nautical miles off the coast of Kaohsiung City early morning, after Typhoon Gaemi swept across the island overnight. Local authorities said the nine crew from Myanmar had […]
Container movement resumes at Chittagong port after five days
The shipment of containers had remained suspended through Chittagong port for five days from Friday to Tuesday, due to a countrywide internet connection cut, and enforcement of curfew to calm student protest seeking public sector job quota reform. Some 200 people reportedly died across Bangladesh during the last week as they clashed with police to […]
Valenciaport container traffic surges in 2024 first half
The container sector remains Valenciaport’s major force, accounting for 72% of total cargo, including bulk, and 78% excluding bulk. In the first half of the year, the Spanish port handled 2,708,318 TEUs, translating to a 14.05% increase from the same period last year. The Red Sea, Baltic States, and Australia are the destinations that have […]
HMM and KORAIL team up for eco-friendly intermodal transportation
HMM has signed a Memorandum of Understanding (MoU) with Korea Railroad Corporation (KORAIL) to enhance inland rail transportation. The agreement covers utilizing domestic rail infrastructure for refrigerated cargo and establishing an ‘Intermodal One-Stop Transportation System’ that connects rail and maritime freight. This cooperation is expected to contribute to developing a low-carbon logistics transportation system and […]
One Air aims for a fleet of four freighters
UK freighter operator One Air is hoping to double its fleet to four aircraft by the end of next year. The carrier, which launched a year ago, currently operates two converted Boeing 747 freighters and will add a third 747 aircraft, with nose-loading capabilities, by the end of August. Looking further ahead, the carrier is […]
HMM and KORAIL team up to enhance refrigerated cargo rail transport
South Korean flagship carrier HMM has signed a memorandum of understanding with railroad freight transportation services provider Korea Railroad Corporation (KORAIL) to create an intermodal transportation system. The agreement covers utilising domestic rail infrastructure for refrigerated cargo and establishing a one-stop transportation system that connects rail and maritime freight. According to HMM, this cooperation will […]
Capacity across big three shipbuilding nations leaps 20% in a year
Across China, shipyards are expanding and churning out ships on a scale not seen since 2008. The shipyard sector has entered a new golden age after more than a decade’s slump following the global financial crisis. In terms of newbuilding capacity, the latest estimate from broker Arrow puts shipbuilding capacity across the big three builder […]