A big takeover for Abu Dhabi Ports
In mid-September 2022, the Abu Dhabi Ports Group completed the acquisition of a 70% equity stake in the Egyptian companies Transmar International Shipping Company (“Transmar”) and Transcargo International (“TCI”). The total value of the transaction amounts to AED 514 million... more
Inspiring young logistics professionals
Karina Perez Perez, the finalist from Fiata’s Americas region, representing the Canadian International Freight Forwarders Association (Ciffa), is 2022’s top ‘Young Logistics Professional’.The International Federation of Freight Forwarders Associations (Fiata) and TT Club, an... more
Memphis CBP seizes ancient Egyptian artifact
Almost one month ago, US Customs and Border Protection (CBP) officers at the port of Memphis, TN, intercepted an ancient Egyptian artifact shipped from Europe. The shipment was manifested as an antique stone sculpture over 100 years old and sent from a dealer to a private buyer... more
CCA celebrates anniversary with an MoU
The Cool Chain Association (CCA) is celebrating its 20th anniversary and entering into a memorandum of understanding with South Africa’s Perishable Products Export Control Board (PPECB), which will see the partners collaborate on research into airfreight options for perishables... more
Pirates high and dry in Somalia
Piracy’s threat to global shipping is dwindling, at least in the coastal areas of Somalia. Six international shipping organisations consider the Indian Ocean to no longer be a high-risk area, as there have been no attacks on merchant vessels off Somalia since 2018. Thus the... more
Reliable Robotics and Astral Aviation join forces
Reliable Robotics, a provider of autonomous aircraft systems, and Kenya-based airline Astral Aviation have begun a strategic collaboration to enhance aviation safety and increase air cargo connectivity in sub-Saharan Africa through the use of automated aircraft. The... more
Medgulf sails on 29 September
CMA CGM will be starting its new Medgulf service at the end of September 2022, connecting Southern Europe, North Africa, the US Gulf and Mexico. Six container vessels will be deployed. The service will call at Tangier, Genoa, Valencia, Miami, Veracruz, Altamira, Houston and... more
NAS and Air Arabia Maroc ink CGSA agreement
Air Arabia Group’s Morocco based airline, Air Arabia Maroc (3O) has appointed Network Airline Services (NAS), effective 1 September 2022, as its cargo general sales agent (CGSA) in Europe for all cargo other than human remains. The agreement involves representation across... more
Air Tanzania extends hub contract with Swissport
Swissport and Air Tanzania have extended their partnership at the airline’s Dar es Salaam home base for two more years until 2024. Air Tanzania has been relying on Swissport for airport ground services at its Dar es Salaam (DAR) home base since 2020. The renewed agreement... more
Drewry on the flow of new containers
In its latest report, "Container Census & Leasing Annual Review & Forecast 2022/23", London-based maritime research consultancy Drewry estimates that congestion across global supply chains means that containers were 15 to 20% less productive than in pre-Covid... more