AD Ports Group, a leading port and logistics operator from Abu Dhabi, has entered into an agreement with Inveco LLC to acquire 60% of the shares of Tbilisi Dry Port – a new intermodal logistics center in Georgia with customs warehouses and access to the regional railway network. The TDP project, currently owned by Inveco and Wilhelmsen, is planned to be operational by the fourth quarter of 2024.
The “Hamburg-Odessa Port Bridge” alliance, comprising various aid organizations, companies, and associations from Hamburg, has dispatched vital relief supplies to a children’s hospital in the Odessa region. This initiative stems from the enduring partnership between the Port of Hamburg and the Ukrainian Port of Odessa, notably through the operation of the Container Terminal Odessa (CTO) by Hamburger Hafen und Logistik AG (HHLA) for over two decades.
The President of Kazakhstan, Kassym-Jomart Tokayev, spoke at the opening of the plenary session of the Boao Forum for Asia in Hainan, emphasizing the importance of this platform in the context of global uncertainty. He noted Kazakhstan’s role in Chinese trade and investment, highlighting the growth in trade and cargo transportation between the two countries.
Maersk’s warehouse near the Port of Gothenburg, established in 2001 and certified by BREEAM, has continually evolved to offer innovative services, enhancing capability, versatility, and cost-efficiency for its clientele. Positioned strategically within a logistics ‘golden triangle’ linking major Scandinavian cities, including Oslo, Stockholm, Malmö, and Copenhagen, the warehouse serves as more than just a transit point, providing added value services within its premises.
ÖBB Rail Cargo Group (RCG) secures another notable achievement, receiving a commendable B- rating from the international railway association UIC (Union Internationale des Chemins de fer) in the Rail Sustainability Index (RSi). This recognition underscores RCG’s commitment to sustainability and facilitates informed investment decisions globally. The RSi, aligned with the United Nations’ Sustainable Development Goals (SDGs), evaluates RCG’s performance across various indicators, highlighting its exceptional efforts in areas such as Decent Work and Economic Growth (SDG 8), Industry, Innovation, and Infrastructure (SDG 9), and Responsible Consumption and Production (SDG 12). With a score of 61.7 points, RCG significantly surpasses the industry average, showcasing its leadership in promoting sustainable practices within the railway sector.
Hamburger Hafen und Logistik AG (HHLA) faced a challenging 2023 financial year, marked by a decline in both revenue and earnings. The company cited various economic pressures including the ongoing conflict in Ukraine, geopolitical tensions, and inflationary pressures, which hindered post-pandemic recovery efforts. Group revenue dropped by 8.3 percent to €1,446.8 million, with the operating result (EBIT) plummeting by 50.4 percent to €109.4 million, reflecting an EBIT margin of 7.6 percent. Profit after tax and minority interests totaled €20.0 million, a significant decrease from the previous year.
ÖBB Rail Cargo Group (RCG) is responding to increased customer demand by expanding the number of round trips and adapting the TransFER Villach–Frosinone route to accommodate growing needs. Originally launched in 2023 with one monthly round trip as part of the TransFER Villach–Italy service, the route has quickly doubled to two round trips per month, particularly driven by demand from the waste management sector. With plans to potentially increase to four round trips per month, RCG aims to provide more frequent and reliable transportation between Austria and Italy, catering to various industries including timber.
Rhenus has unveiled a state-of-the-art temperature-controlled perishables facility at its London Heathrow base, showcasing its commitment to providing top-notch logistics solutions for fresh products. With a spacious floor area of 2,195 square metres and fully regulated temperature control ranging from 0 to 8 Celsius, the facility is equipped with advanced security measures and a unique two-layer racking configuration, making it an ideal storage solution for various perishable goods.
Kazakhstan’s transport sector demonstrated impressive growth in 2023, attracting a record 2.5 trillion tenge of fixed capital investment. This significant increase of 40.3% compared to the previous year highlights the growing importance of this industry in the country’s economy, whose share of total investment has increased from 10% to 14.5%.
Presidents Kassym-Jomart Tokayev and Ilham Aliyev held a joint briefing for media representatives, paying special attention to the development of the partnership between Kazakhstan and Azerbaijan. The head of state expressed gratitude for the close relations, describing Azerbaijan as a key strategic partner. In his speech, he emphasizes that the interaction between two alternative servants is an example of democratic countries built on mutual respect and trust, as well as taking into account the relationships between interests.
