First LNG transaction with the BLNG3 assessment
LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG... more
Veterinary vaccines from A(rgentina) to B(olivia)
H & M Air Cargo, which has a member of the UFO network in Argentina for ten years, has recently handled another delicate air shipment of perishable veterinary vaccines. The cargo was moved from Argentina's capital Buenos Aires to La Paz (LPB) in Bolivia for the Pan-American... more
AHS: two women at the top
Amélie Charisius will become the spokesperson for the management at AHS Aviation Handling Services. She replaces Martin Roll, who left the company at the end of September. Charisius has been managing director of the AHS group since October 2009. As a fully qualified lawyer, she... more
“Curiosity of the Day”
The largest known dish is roasted camel. To this day, it is still served at some Bedouin weddings. The camel is stuffed with a whole lamb, 20 chickens and 60 eggs. more
EUR 2 billion for digital transformation
Deutsche Post DHL Group has presented its new group strategy. Until 2025, the group will be spending around EUR 2 billion on digitalisation – this sum is already included in the planned Opex and Capex spending. The digitalisation investment is expected to lead to yearly run rate... more
Turning assistant to become compulsory for long trucks
The turning assistant is to become compulsory in Germany for new long trucks as from 1.7.2020 and for all other trucks as from 1.7.2022. According to the German federal ministry of transport (BMVI), more routes are to be added to the authorised network. This means that long... more
Capacities at the Cape
Cape Town, the host of this year’s Fiata World Congress, is set to be re-connected nonstop to the USA again from 15 December. The skies in neighbouring countries are also full of good news. Here’s a brief overview – without making any claim for completeness. more
New service links Italy to Hupac's European network
The Swiss intermodal operator Hupac has opened up north-east Italy for combined transport: the Pordenone terminal, managed by Hupac, is linked by daily connections to all major destinations in central-north Europe. The direct trains connect Pordenone (Italy) and Duisburg... more
Magma Aviation launches new Kigali service
Starting today, 2 October 2019, UK-based Magma Aviation, which provides worldwide air freight transportation on a regular and charter basis, continues to focus on its Africa services, launching a weekly B747F flight from Liège (Belgium) to Kigali (Ruanda). Flying on behalf... more
Ports of Auckland calls 2019 a "tough year"
Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower compared to NZD 76.8 million for the previous... more