Trade tensions weigh heavily on air freight business 
Iata's data for global air freight markets are showing that demand, measured in ftk, contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes. Global trade volumes are 1.4% lower... more
LNG-to-powership project launched in Mozambique
Tokyo (Japan) -headquartered MOL and Karpowership will launch a joint LNG-to-powership project. The Dutch company Karpower International, a subsidiary of Karadeniz, will cooperate with MOL under the co-brand “Karmol” in Mozambique. Both parties will jointly own and operate a... more
Egyptair Cargo selects ECS Group member as exclusive GSA
ECS Group’s subsidiary GAC TR (Globe Air Cargo Turkey) has signed an exclusivity contract with Egyptair Cargo to begin optimising the marketing of its cargo offering. Since 2016, GAC TR had already been one of the airline’s preferred sales agents. GAC TR managing director... more
Disappointing financial year for Imperial Logistics
Imperial Logistics, which is headquartered in South Africa, has taken a critical look at its own operative performance at the end of its latest financial year (July 2018 - June 2019). In spite of a 6% rise in revenue to ZAR 49.7 billion (USD 3.25 billion), the operating profit... more
Rail transport of bulk liquids increases in Africa
In conjunction with Zambia Railways Limited (ZRL), the Tanzania-Zambia Railway Authority (Tazara) has signed a contract with Delta Energy to transport 5 to 6 million litres (5,000 – 6,000 t) of petroleum from Tanzania to Zambia every month. The new contract comes in the wake... more
Sven Vangermain to manage sales in Middle East and Africa
Sven Vangermain has taken over the position of sales representative for the Middle East and Africa at Clark Europe, a manufacturer of forklift trucks. Vangermain has worked for the company for many years and gained a great deal of experience and know-how in the intralogistics... more
A crane returns to the skies
Today, 28 August 2019, Uganda Airlines resumes its commercial services. Revived after 18 years, the Central African country’s flag carrier, retaining its old name and logo adorned with a crane, will start with twice daily CRJ900 flights from its hub in Entebbe to Nairobi... more
Two new Asian maindeck destinations for Ethiopian Cargo
The African cargo operator Ethiopian Cargo & Logistics Services has started a once weekly B777F service to Bangkok and Hanoi, the capitals of Thailand and Vietnam, as of 16 August 2019. Ethiopian Group CEO Tewolde GebreMariam: "Our new cargo service to Bangkok and... more
LSCI confirms trend towards Asia
The most recent LSCI – Liner Shipping Connectivity Index, showing a list of this year’s best-connected container ports, was published by the United Nations Conference on Trade and Development (Unctad) in July. The index covers 900 ports in 178 countries and shows maritime... more
New chairman for the Suez Canal
According to the news agency Reuters, Egypt’s president Abdel Fattah al-Sisi has appointed Lieutenant General Osama Rabie as chairman of the Suez Canal Authority. Rabie, a naval officer, was vice chairman of the canal authority under its previous head, Mohab Mamish, who... more