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... more
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... more
New horizons for Ethiopian Airlines
Ethiopian Airlines has converted 22 passenger aircraft cargo aircraft in a short period of time. Fitsum Ebadi, MD cargo & logistics services: "This achievement was only possible by our strong MRO team which we built through time. We can now respond to the ever... more
Over 42% more secure parking places
The transported asset protection association (Tapa) has partnered with Bosch Secure Truck Parking, a digital booking platform for truck parking spaces in Europe. The partnership has contributed to a 42.9% growth in the association’s database of secure parking places over the... more
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... more
Joël Hounsinou appointed CEO of Bolloré Côte d'Ivoire
Joël Hounsinou has been appointed CEO of Bolloré Transport & Logistics in Côte d’Ivoire. Previously he was deputy CEO of the Côte d’Ivoire subsidiary alongside Pierre Bellerose, regional CEO for the Côte d’Ivoire - Burkina Faso region. He began his career at the Arthur... more
Unresolved issues for aviation in Africa
The Solidarity Fund took delivery of a consignment of PPE which arrived in South Africa earlier this month as part of its humanitarian intervention to provide much-needed PPE for frontline health workers. The delivery was made possible by a partnership with South African Airways... more
India to lead growth in Asia
After an all-time high in 2018/2019, the global market for freight wagons began to slow down already at the end of 2019. This development was driven primarily by China Railways, which failed to fulfil its procurement plan for up to 210,000 freight wagons between 2018 and... more
Ceva expands its capabilities in Africa
Ceva Logistics has acquired a controlling stake in AMI Worldwide, a third-party logistics provider with an extensive network in East and Southern Africa. Effective 1 July, the AMI Worldwide office network in 12 countries in East and Southern Africa and its almost 1,000... more
Rail service restored at Apapa Port
APM Terminals Apapa and the Nigerian Railway Corporation (NRC) have restored rail connectivity for containers to the Lagos Port Complex in Apapa, Nigeria. This move follows the acquisition of two new mobile harbour cranes earlier this year. The two companies have developed a... more