China’s logistics sector has maintained its strong momentum in August, driven by increasing logistics demand and favorable market conditions. According to the latest industry report, the logistics market index reached 51.5% for the month, reflecting a steady 0.5 percentage point increase from July. The warehousing index experienced a significant boost, rising 3.7 percentage points to…
DetailsIn a significant move for Australia’s solar energy sector, a new partnership has been formed to enhance the local supply chain for solar panels. The collaboration will see a leading aluminum manufacturer provide extruded frames for domestically produced solar panels, paving the way for potential future expansion in onshore aluminum manufacturing to support a new,…
DetailsA new partnership is set to transform South Korea’s offshore wind sector, focusing on providing innovative heavy lifting and transport solutions. This collaboration will establish Offshore Service Port (OSP) facilities at the ports of Busan and Masan, catering primarily to offshore wind projects while supporting the broader Asia-Pacific region. The partnership aims to deliver a…
DetailsA recent study has highlighted the significant advantages of utilizing compressed hydrogen for regional marine transport, showcasing its impressive energy efficiency and cost-effectiveness within the supply chain. The research, which focused on a 540 MW capacity export site producing 10 tonnes of hydrogen per hour, demonstrated that the energy required for storage and loading compression…
DetailsThe shipping industry is making notable strides toward greater supply chain transparency and ethical practices, driven by evolving regulations and a growing emphasis on environmental, social, and governance (ESG) standards. This shift is transforming how maritime organizations approach labor practices, human rights, and environmental stewardship. As global regulations tighten and ESG reporting becomes more prevalent,…
DetailsThe shift towards digital supply chains is making a substantial impact on sustainability in the least developed countries (LDCs). The integration of advanced technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) is enhancing supply chain efficiency and reducing environmental footprints. Recent initiatives in various LDCs highlight the transformative power of…
DetailsTheme: Retail Revolution: The Limitless Growth in the Age of AIVenue: One Farrer Hotel, SingaporeDate: September 26, 2024 Join us on September 26, 2024, at One Farrer Hotel in Singapore for the Retail & E-Commerce Summit Asia 2024, presented by rockbird media. This premier event, themed “Retail Revolution: The Limitless Growth in the Age of…
DetailsIn a strategic advancement within the battery sector, a prominent automotive firm has announced the formation of an independent Electric Vehicle Systems division. This new entity will operate independently while remaining under the ownership of its parent company, signaling a new phase of growth and opportunity. The newly established division has appointed a dynamic leadership…
DetailsIn a competitive e-commerce landscape, major players are significantly boosting their logistics capabilities and infrastructure in Brazil. A prominent Singaporean e-commerce company has announced the opening of six new logistics hubs in Minas Gerais and Bahia states, expanding its network to over 100 units nationwide. These new facilities are designed to enhance last-mile delivery efficiency,…
DetailsA leading investment firm has recently secured an 80% stake in a significant European warehouse portfolio, valued at approximately $1.2 billion. This strategic move underscores the ongoing demand for logistics spaces fueled by the e-commerce sector’s rapid expansion. The portfolio, which spans seven countries including Germany, France, and the Netherlands, was previously managed by a…
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