In the first half of 2024, investment in China’s transport sector reached 1.7 trillion yuan (US$234.4 billion). In 2023, this amount was 3.9 trillion yuan (about US$548.7 billion), including 764.5 billion yuan (about US$108 billion) for railway infrastructure, up 7.5% compared with 2022.
DP World and Evyap Group have completed a strategic merger, combining two major ports on the Sea of Marmara to create a new international logistics hub that will strengthen Turkey’s role in global trade.
Japan will provide economic assistance to Kazakhstan and other Central Asian countries aimed at creating a trade route bypassing Russia. This will be announced by Japanese Prime Minister Fumio Kishida during his visit to Kazakhstan, which will take place from August 9 to 12.
CMA CGM and German terminal operator Eurogate have announced the joint development of a new container terminal, Westerweiterung, in the Port of Hamburg. The new terminal will have two berths, 450 and 600 metres long, which will allow it to handle mega container ships.
The closure of Europe’s most important railway line in the Rhine Valley near Rastatt from 9 to 30 August 2024 has caused significant disruption to freight traffic. The reduced capacity of the alternative routes via Gäubahn between Stuttgart and Singen was known in advance, limiting the number of trains and the permissible P386 profile.
DP World has opened 51 new freight offices in the Asia Pacific (APAC) region, strengthening its position as a provider of integrated logistics solutions. With this expansion, the number of DP World active trading offices worldwide has reached 161.
At the first transport trade and export forum in Aktau, representatives of Kazakhstan, Turkmenistan and Afghanistan discussed the prospects for the construction of a new railway line Turgundi – Herat – Kandahar – Spin Buldak. This line should pass from the western border of Turkmenistan through Afghanistan and Pakistan, reaching India, which opens up new opportunities for regional trade.
In the first half of 2024, the Port of Antwerp-Bruges handled a total of 143.2 million tonnes, up 3% year-on-year. Growth was seen across various cargo categories, despite geopolitical tensions and an unstable macroeconomic environment. The port continues to invest in its future resilience.
JSC Kedentransservice has signed an agreement with Hamburger Hafen and Logistik AG on cooperation in the field of container transportation along the Trans-Caspian route. Within the framework of this partnership, it is planned to organize transportation and provide freight forwarding services.
DHL and Google, one of the world’s largest tech giants, have announced a partnership to use the DHL Express GoGreen Plus service with sustainable aviation fuel (SAF). The initiative will support express deliveries of Google devices in the Devices & Services division around the world, including the Americas, Asia and Europe. It is part of Google’s commitment to supporting decarbonization in air freight.
