Boeing: +66% of freighters by 2043
Boeing has just published its "2024 World Air Cargo Forecast" (WACF), the biennial overview and long-term outlook for the air cargo industry, projecting that air cargo traffic will increase by an average of 4% per year through 2043. Darren Hulst, VP of commercial... more
A second AEI B737-800SF freighter
Aeronautical Engineers (AEI), which specialises in aircraft passenger-to-freighter conversion, has delivered a second AEI B737-800SF freighter (MSN 30146) in a third-party transaction to its customer, Nigeria-based Allied Air. This aircraft is the second youngest 737-800... more
Fulvio Carlini takes over the baton
Fonasba (the Federation of National Associations of Ship Brokers and Agents) held its annual meeting in Athens, Greece on 16-18 October, and its council elected its new board. Signalling a new era of leadership, Fulvio Carlini of Italy (pictured) officially succeeded Javier... more
Enhancing North American presence
Cimcorp is strengthening its North American leadership with the appointment of Pekka Natri as its new head of region. Since joining the company in 2018, he has been instrumental in Cimcorp’s global expansion efforts. He spearheaded the establishment of the office in Chennai,... more
An old hand and a new start
A report from this year’s IAPH World Ports Conference in Hamburg. The World Ports Conference of the International Association of Ports and Harbors (IAPH) took place in high spirits at the CCH in Hamburg from 8-10 October this year. Around 600 members from all over the world came... more
First of four A350-1000
Ethiopia’s national flag carrier and largest Airbus operator in Africa, Ethiopian Airlines, has taken delivery of its first of four A350-1000 from Airbus in Toulouse, France. The first of its kind to be operated by an African based operator, the A350-1000 will enable... more
International Transport Journal under new ownership
On 1 November 2024 the MedTrix Group transferred the ownership of the International Transport Journal (ITJ) and the associated titles ITJ Daily, Swisstrans, Worldtrans and the Swiss Shipping Guide, including all of the rights and obligations involved therein, to the Logismedia... more
Rates rise further
According to the latest analysis by World ACD Market Data, average worldwide air cargo spot rates rose by a further +5% in the last full week of October. The reasons are week-on-week (WoW) increases in spot prices from Asia Pacific (+3%), Europe (+7%), and Central & South... more
ITJ now under new ownership
The MedTriX Group and the Logismedia Group, both of which are headquartered in Basel, have come to an asset deal agreement to transfer the ownership of the International Transport Journal (ITJ) and the associated media ITJ Daily, Swisstrans, Worldtrans and the Swiss Shipping... more
USD 280 million upgrade at Nador West terminal
CMA CGM and Marsa Maroc have entered a 25-year joint venture to equip and operate half of the Nador West Med container terminal, overseeing 750 m of quay and 35 ha of container yard. Together, they aim to achieve a 1.2 million teu annual throughput through a USD 280 million... more