Depending on seafarers from Russia and Ukraine 
The International Chamber of Shipping (ICS) has drawn attention to the high number of seafarers of Russian and Ukrainian origin currently employed in the shipping industry. Representing 80% of the worlds merchant fleet, the organisation has warned of further supply chain... more
Robust start of world trade in 2022
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) continued its growth in January 2022, rising from 120.5 points (seasonally adjusted) to 122.0 points, according to the... more
DP World and Imperial to complete takeover
Dubai-headquartered port and terminal operator DP World Logistics is now ready to take over Southern African Imperial Logistics. Both parties have announced that "all conditions precedent regarding DP World’s offer to acquire a 100% stake in Imperial, including regulatory... more
Lufthansa Cargo augments medium-haul network
From 1 March 2022, Lufthansa Cargo customers will also be able to book their cargo on converted A321 medium-haul freighters. With the start of operations on 15 March, Lufthansa Cargo will gradually complement the global route network with Istanbul (IST), Tel Aviv (TLV), Malta... more
Good news from Miami overshadowed by violence
During the Tiaca Media Day, director general Glyn Hughes and chairman Stephen Polmans informed online how the Miami-based association, analogous to the air cargo industry in general, benefited financially and operationally during the Covid crisis. As a member-driven... more
Clarksons: "A special year for second-hand ships"
In a recent report, Clarksons says that 2021 witnessed a record in the second-hand ship trading market. All in all, 2,507 ships and 147 million deadweight t (mdwt) changed hands. They represent 7% of the total fleet and an estimated value of USD 47,000 million. After a dip,... more
Two more partners for Cargo Integrity Group
Fiata, the international Federation of Freight Forwarders Associations, and BIC, the Bureau International des Containers, are joining the Cargo Integrity Group, which brings together international freight transport and cargo handling organisations to foster improvements in... more
Djibouti makes hub policy a priority
On 13 February 2022, Djibouti launched the final implementation of “Djibouti ICI”, the national development plan (NDP) for the period 2020-2024. While the previous first five-year plan (2015-2019) saw the completion of new port areas, free zones and the Djibouti-Addis Ababa... more
Asia-Est Africa: two for the price of one
Singapore-headquartered Japanese container liner Ocean Network Express (ONE) is transforming its Asia – East Africa (EAF) service into two new weekly services EA3 (East Africa 3 - Mombasa) and EA4 (East Africa 4 - Dar Es Salaam). These two newly created services, the EA3... more
Coface predicts slow pace in 2022
The insurance group Compagnie Française d'Assurance Coface recently published its business barometer, analysing the risks and opportunities lying ahead in 2022. Although economic recovery will continue, "Omicron has highlighted the unpredictability of the pandemic and... more