H2/2020: Full black or full red? 
The Copenhagen (Denmark)-based maritime analyst Sea-Intelligence has issued a new assessment of the carrier's financial situation in 2020. In a first estimate in April, the Danes suggested two possible outcomes, both based on a presumed 10% loss of volumes. One forecasts... plus
Two Air Transat A330-200 to fly for GTA Air Cargo
Montreal (Canada)-based leisure carrier Air Transat will convert two of its A330-200s into makeshift freighters for use on behalf of GTA Air Cargo, the newest company of the GTA Group. Mario D'Urso, the chairman of the Canadian logistics firm's parent, GTA dnata, said via... plus
Maersk sticks to its optimism
A.P. Moeller-Maersk A/S (APMM), the world's largest container shipping group, said it expects better market demand than previously forecast in the current three-month period. The quarterly profit should therefore be "slightly above" the USD 1.5 billion mark achieved... plus
Artifact from Iran intercepted at US airport
Exactly one month ago, on 19 May 2020, US Customs and Border Protection (CBP) officers in Louisville, KY inspected a shipment from the UK, containing an antique amber glass bottle purporting to be from the 9th-10th century. An expertise revealed that the bottle was actually... plus
Oman Logistics Centre launches Tawseel
Oman Logistics Centre has launched Tawseel, a national cloud-based technology initiative, to enable logistics providers to adopt the latest logistics solutions. The programme is designed to empower start-ups and SMEs in the last mile delivery space across the Sultanate to... plus
World's biggest cargo carrier spans new network
New data from the International Air Transport Association (Iata) reaffirms that Qatar Airways Cargo continues to lead the air cargo business with more than 900 million cargo tonne kilometres (ctk) during April, accounting for 7.2% of the global cargo market and ensuring much... plus
Move One extends contract in Afghanistan
Dubai-based Move One has extended its aircraft handling contract on Bagram, Kandahar and Kabul military airfields through 2025. Describing itself as "the largest foreign-owned freight forwarder in Afghanistan", where it has been operating for 19 years, the company's... plus
Difficult times ahead for car carriers
The research and data mining company Vessels Value has analysed the development of the demand for maritime vehicle carriers in 2020. Demand globally is down 18% year on year so far. In detail, some markets (Japan exports and China imports) are showing faster recovery than... plus
Volumes and sailings keep slipping
Carriers worldwide announced another 521,000 teu of blank sailings in the course of the calendar week 23, said Copenhagen-based maritime consultant Sea Intelligence, which is a 15% increase over the announcements made the week prior. Accordingly, the six-week plateau during... plus
CMA CGM's sound start of the year
In his most recent outlook on the carrier's current situation, Rodolphe Saadé, chairman and CEO of the CMA CGM Group, commented: “Despite the uncertainty around global economy, we anticipate an improvement during the second quarter.” CMA CGM Group, member of the Ocean... plus