Three hundred and forty million doses. That’s roughly how many COVID-19 vaccines are required to inoculate Southeast Asia. As a global aviation hub, Singapore is aiming to help the region achieve that goal by ramping up its cold storage capacity at Changi Airport to become a centre for Covid-19 vaccine distribution for Southeast Asia. UPS aims to support the country’s ambitions by deploying ultra-low temperature freezer farms at its dedicated healthcare logistics facility in Singapore. The … [Read more...] about UPS ramps up cold storage capabilities in Singapore
Air Shipping Asia
ESR Australia to buy logistics assets portfolio for US$3b
Hong Kong-listed logistics real estate group ESR has agreed to purchase the largest Australia logistics portfolio of US-based fund manager Blackstone to the tune of A$3.8 billion (US$3 billion). The acquisition of Blackstone’s Milestone Logistics portfolio will be carried out by ESR Milestone Partnership, a newly formed venture between ESR and Singapore sovereign wealth fund GIC, where ESR will contribute 20 percent. The company said the deal, valued at US$3 billion, … [Read more...] about ESR Australia to buy logistics assets portfolio for US$3b
Nippon Express opens Nijmegen logistics centre
Nippon Express, through local subsidiary Nippon Express (Nederland) BV, opened a logistics centre in Nijmegen, located in the southeastern province of Gelderland in The Netherlands. The new logistics centre, with 8,444 square metres of warehouse space, started operations in March and will be used as a European parts centre for Takeuchi Manufacturing, which develops, manufactures and distributes small construction machines. This brings the total warehouse space of Nippon to 200,000 square … [Read more...] about Nippon Express opens Nijmegen logistics centre
Dachser Shanghai obtains CEIV Pharma certification
Press release Dachser’s Shanghai team received the Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) certification from IATA in March, including its branch at Shanghai Pudong Airport (PVG). With this certification, Dachser Shanghai joins a very close circle of few logistics companies in the region to be recognised by IATA for the transport of temperature-controlled and time-sensitive products. The CEIV Pharma certificate ensures that infrastructure, … [Read more...] about Dachser Shanghai obtains CEIV Pharma certification
Cathay resets cargo schedule as HK eases quarantine rules
Cathay Pacific is looking to gradually restore a freighter schedule that has been affected by strict rules as Hong Kong’s government eased the quarantine requirements for Hong Kong-based crew. The mandatory quarantine requirement for aircrew based in Hong Kong, which started in 20 February, will be lifted for crew members on freighter and cargo-only passenger flights who are fully vaccinated. But this does not include crew that layover in the United Kingdom and South Africa, the airline … [Read more...] about Cathay resets cargo schedule as HK eases quarantine rules
Hong Kong cargo volume up 13 percent in Q1
Hong Kong’s cargo volume saw a year-on-year increase of 4.9 percent to 397,000 tonnes in March, according to the latest statistics from Airport Authority Hong Kong (AA). Despite a decline in transshipments due to lack of belly capacity, the overall cargo volume climbed during the month, on the back of double-digit growth in imports. The airport saw significant traffic to and from the Middle East, Southeast Asia and Taiwan. Over the first three months, cargo handled at HKIA rose 13 percent … [Read more...] about Hong Kong cargo volume up 13 percent in Q1
