Kerry Logistics Network Limited (KLN)’today announced the Group’s annual results for 2020. Group’s Financial Highlights Revenue increased by 30% to HK$53,361 million (2019: HK$41,139 million) Core operating profit increased by 20% to HK$3,320 million (2019: HK$2,765 million) Core net profit increased by 33% to HK$1,828 million (2019: HK$1,374 million) Profit attributable to the Shareholders for […]
UPS has named Daniel Carrera as the new president of UPS Europe. In his new role, Carrera will be responsible for managing operations and more than 50,000 UPSers across 56 countries and territories. In the response against the pandemic, the Europe region has continued to grow as a global hub in the UPS network, meeting […]
Starting April 1 2021, Swissport will support Aero K, an airline startup from South Korea. The low-cost carrier has contracted ground services from Swissport at Cheongju International Airport (CJJ). Swissport AIK Ltd, a joint venture between Swissport and Aero K Holdings, will provide airport ground services for Aero K, South Korea’s newest low-cost carrier. From […]
In a further expansion of its global aerospace customer base, CEVA Logistics has been awarded a contract to manage in-factory logistics support for Collins Aerospace in Singapore. The two-year contract is based on solutions designed by CEVA that will be implemented at the customer’s Changi North site. Collins Aerospace – a subsidiary of Raytheon Technologies […]
CargoAi is launching new features to allow freight forwarder to assess and reduce the CO2 emissions generated by their business activities. They can now choose routes and airlines based on their carbon impact and calculate the CO2 emitted from each shipment. Monthly CO2 emissions reports are also available to allow clients to analyse their own impact and monitor […]
After a year of having its operations paused due to the pandemic, the cruise industry is increasing its pressure on the US Centers for Disease Control and Prevention to lift the restrictions that continue to prevent large cruise ships from sailing from the US. Saying the science and the situation have changed while the CDC […]
The UK’s sweeping integrated defense review proposes deep changes to the structure of the nation’s armed forces, including a scaleback of ground units to pay for a growing naval fleet. But not all of that fleet will be growing: the Royal Navy’s minesweepers will be going away altogether, to be replaced by unmanned and autonomous systems. […]
The government of the UK has announced a landmark climate transition agreement for Britain’s North Sea offshore oil and gas industry. The newly-released “North Sea Transition Deal” is a promise to support the offshore work force and supply chain during the switch to renewable energy and a net-zero emissions economy. “We will not leave oil […]
The Crown Estate, which manages the UK sovereign’s public lands is commencing work leading up to the offering of the largest leasing opportunity for commercial floating wind projects. To be located in the Celtic Sea, the lease area will be three times larger than any rights previously awarded for floating wind in the UK. A […]
Fincantieri and the Italian energy technology company Enel X will work together to build and deploy new technologies to support improving the environmental performance and operations to port infrastructure with electricity-powered solutions for ground logistics services. The move comes as the Italian shipbuilder seeks new growth business and opportunities to expand its infrastructure and non-shipbuilding […]
The ocean pollution mapping platform Eyesea, which is supported by and uses data compiled by the commercial shipping industry, was recently deployed for the first time to organize a coastal clean-up operation. Launched in beta trials at the end of 2020, the system seeks to use data submitted by seafarers on commercial ships and recreational […]
In its efforts to accelerate its position in new technologies and maintain its competitive positioning, the parent company of South Korea’s largest shipbuilder, Hyundai Heavy Industries Holdings Co., announced that it will be working with Korea’s sovereign wealth fund to target investments and acquisitions of developing technology companies. The focus will both be on adding […]
