Before the crest of a wave
Global container-shipping capacities are set to grow the most in 2024. The building of new containerships has its own ‘me-too’ logic. High demand for freight volumes in 2021 and 2022 triggered a boom in orders. This additional shipping space is now set to steadily increase... more
Building a medical logistics hub in Kenya
Mitsui O.S.K. Lines (MOL) and MOL Logistics (MLG) have partnered with Revital Healthcare, a Kenyan medical supplies manufacturer, to create a healthcare logistics centre in Mombasa's special economic zone. The alliance will consolidate and improve the distribution of medical... more
A new order on the horizon?
A new era of alliances is in the making. Hapag-Lloyd and A.P. Moller-Maersk have agreed to launch a new alliance, called the 'Gemini Cooperation', in February 2025. The break-up of 2M, an alliance between Maersk and MSC, was already announced in January 2023. Now Hapag-LLoyd... more
Sea & Ports expands in Libya
Sea & Ports Group, a maritime services provider, has secured an exclusive agency agreement with HMM (Hyundai Merchant Marine) in Libya. This development follows the company’s previous expansion into Morocco, Tunisia, and Algeria in 2022. The partnership, which includes... more
Leschaco reshuffles management
Logistics provider Leschaco has named David Williams (left) as the new global head of the tank segment. With a strong track record in shipping and logistics & services, Williams has held various senior management roles in AP Møller - Maersk Group since 1991, his latest... more
A skipper for Mauritian repair yard
Taylor Smith Shipyard (TSS), the oldest ship repair yard on Mauritius, has appointed Willy van Niekerk as its new general manager. TSS recently added civil construction services involving steel works for land projects to its marine portfolio. Van Niekerk knows the yard well... more
ICS2 to come into force in June
The European Union is introducing a new process for goods entering its territory by maritime and inland waterways, road, and rail. The new customs pre-arrival safety and security system, called Import Control System 2 (ICS2), will require carriers to provide data on goods... more
Astral inks global sales partnership
Effective 1 January 2024, Euro Cargo Aviation and Take Off Aviation will promote Astral Aviation’s cargo services within the designated regions. Astral Aviation CEO, Sanjeev Gadhia: “We look forward to our partnership with Euro Cargo Aviation, which will act as an extension... more
Increasing the B777 freighter network
Starting today, 9 January 2024, Ethiopian Airlines is operating a new weekly freighter service between its Addis Ababa hub and Casablanca, Morocco. The East African carrier’s first Maghreb maindeck destination, its 34th in Africa, is served by a widebody B777-200 freighter.... more
Uncertainties and opportunities in 2024
In its latest weekly market data analysis, ocean and air freight rate benchmarking and market analytics platform Xeneta says that 2024 may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a +9% year-on-year rise in... more