Agility building in Egypt 
During the Egyptian-Kuwaiti Economic Forum, the Suez Canal Economic Zone inked a contract with Agility to develop and operate a customs and logistics centre in the zone. In the presence of Walid Gamal El-Din, chairman of the Suez Canal Economic Zone (Sczone), and Tarek... more
La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... more
Deepak Ahuja joins Zipline
Deepak Ahuja joined Zipline, the global specialist in instant delivery, as its first ever chief business and financial officer on 30 September 2022. He brings more than 20 years of financial leadership experience to the company’s management team. In his new role, Ahuja will... more
Emirates adds third daily flight to Mauritius
Close on the heels of re-introducing double-daily flights, Emirates has announced plans to up frequencies to Mauritius starting 1 October 2022. The additional evening frequency which will operate up till 31 January 2023 is in response to increased travel demand to and from... more
Ship financing steady - so far
The Petrofin index for global ship financing has registered its first rise in eleven years according to its report which was published in mid-September. This index was established in 2008 with a reference value of 100 points. After falling to its historical low in 2020 with... more
How expensive is the Suez Canal?
The Suez Canal will become more expensive next year, with the Suez Canal Authority (SCA) in Egypt raising its transit tolls by 15% for all types of ship as from January 2023. Only bulk carriers and cruise ships will pay just 10% more than in 2022. This increase follows a 6%... more
IRU promotes Vincent Erard
IRU secretary general Umberto de Pretto has appointed Vincent Erard to the newly created position of senior director, strategy and development of IRU, the world road transport organisation. Erard joined IRU in 2016 as head of finance, where he revamped financial and budget... more
A new hub in Johannesburg
DHL Global Forwarding has inaugurated its new transhipment hub and South African head office in Johannesburg. Located in the Sky Park Industrial Estate close to “OR Tambo International Airport”, the facility has temperature-controlled chambers and a Good Distribution Practice... more
Kenya combatting truck theft with RIFD
Since 2016, all new trucks (and passenger cars) in Kenya have been receiving an RFID (radio-frequency identification) sticker for the windscreen when they are registered. The so-called IDeSTIX is produced by the German company Tönnjes. Now the Kenyan national transport &... more
When a tiger swallows eight cheetahs
A B747, whose nose had been decorated with a gigantic face of a tiger during its time with the Russian Transaero Airlines, which went bankrupt in 2015, transported five female and three male cheetahs from Namibia to India at the end of last week. The animals, which were... more