Freight rates: price hike expected to continue 
The European road freight rate benchmark for Q4/2021 shows that prices ended 2021 at historic highs in Europe. The index stood at 108.3, 1.1 points higher than in Q3/2021 and 3.2 points higher than in Q4/2020. Q4/2021 is the 6th consecutive quarter of rate increases in Europe.... more
Developing Angola's logistics sector
Port and terminal operator DP World and the government of Angola have inked a memorandum of understanding (MoU) to develop the country’s trade and logistics sector. The Dubai-headquartered DP World player started operations at the multipurpose terminal (MPT) at the Port of... more
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... more
Canadian Railway joins top 35
For the first time in history, Canadian Pacific (CP) has been listed the Corporate Knights Global 100 Index, an annual ranking of the most sustainable corporations in the world. CP ranked 34th overall on the 2022 index and was the top performing freight transportation... more
Container flows stronger in Northern Europe
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 0.8 points to 122.8 points (revised) in December 2021. The index for Chinese ports showed a decline this time,... more
Schedule reliability still the weak point
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including December 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. Schedule reliability continues to decline,... more
Green labelling in Dakar
The El Hadji Malick SY ro-ro terminal in Dakar (Senegal) has been awarded the Green Terminal label following the audit conducted by Bureau Veritas. The audit was based on the eight pillars of the labelling process, which include work processes, building infrastructures that... more
More reinforcements in the Suez Canal
Towage provider Svitzer, an affiliate of Maersk, is further extending its current contract with the Suez Canal Authority (SCA) to include two additional tugs to service the Canal. After operations were launched with two tugs in Port Said in late 2019, two more tugs followed... more
GMCG Global welcomes Nandlal Aher
GMCG Global, a maritime consulting group, has named Nandlal Aher managing director for India and East Africa to strengthen its presence in the region. As part of his new role, Aher will also be responsible for the company’s offshore division as its new global head. He brings... more