Which cure for the maritime crisis?
Four government advisors and decision makers representing four global regions were present on Fiata's panel entitled “Moving Forward: What are the Solutions to the Maritime Crisis”, a side event of the Fiata HQ Meeting in Geneva on 20 May 2022. Together, they examined how... more
Upgrade for Timor Port
New equipment has been acquired for the Tibar Bay deep sea port close to Dili, the capital city of East Timor. Timor Port, a subsidiary of Bolloré Ports, recently received two tugs, two STS gantries and four RTG gantry cranes. The delivery was made on a semi-submersible vessel... more
Mauritanian airport aims to play bigger role
Afroport Mauritanie, a joint venture between Abu Dhabi-based Afroport Airport Services and the government of Mauritania, was appointed operator and ground handler at Nouakchott airport in 2018. It has now achieved its Isago certification. According to the audit... more
Green label in Gabon
The Owendo Container Terminal (OCT) in the port of Owendo in Gabon has been granted the Green Terminal label. The certification was issued after an audit conducted by Bureau Veritas in early May 2022. This audit includes the check-up of work procedures, building infrastructure... more
The return of the idle fleet?
According to the Swedish maritime platform provider Xeneta, carriers are starting to "balance demand and capacity to protect rates." A capacity reduction of 517,300 teu - or 25% of the initial capacity offering - was witnessed on the Far East to US West Coast corridor... more
WCI on a stable high
Drewry's World Container Index moved sidewards (-0.1%) this week, maintaining the level of USD 7,648.18 per feu. A comparison with the same period in 2021 shows the difference. The WCI is 24.7% higher than the same week in 2021. In detail, freight rates on Los Angeles –... more
13 million boxes too much?
The transport time is the secret. The Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the data provided by Hapag-Lloyd, looking at the development in both the size of the equipment fleet as well as the number of transported containers over the past... more
Maritime transition to new energies
The maritime transport sector is continuing its transition to new sources of energy for ship propulsion, according to data from the analyst Clarkson Research Services. Newbuilds are leading from the front. 63% of the GT tonnage ordered in 2022 belongs to ships that can be... more
Corrigendum - Fiata calls for a turn of the tide on the seas
The FIATA HQ Meeting in Geneva, one of the annual gatherings of the global organisation’s 40,000 freight forwarders, is addressing one of the palpitant challenges, the vertical integration of the industry – by the carriers. President Ivan Petrov spoke of the “drastic misuse... more
Egyptair turns to Boeing conversions
Egyptair has signed a contract for an B737-800 freighter conversion (capacity 23.9 t) with Aeronautical Engineers (AEI). The aircraft is scheduled to commence modification by the authorised AEI Conversion Centre, Commercial Jet, in Miami, FL in October 2022. Once completed, this... more