Fit for future trade
A number of associations have joined forces to create new data standards. Bimco, Fiata, the International Chamber of Commerce (ICC), Swift and the Digital Container Shipping Association (DCSA), in conjunction with its nine member carriers, have inked a memorandum of... more
The Alliance: changes in spring 2022
The Alliance will introduce several adjustments to its network in spring 2022. A key change is the split of the hitherto FP2 pendulum loop into the two services FE5, linking Southeast Asia to Europe, and PS7, linking Southeast Asia and South China to the Transpacific West Coast.... more
Still rough times at sea
Women and minority groups are still particularly exposed to bullying and harassment at sea. This fact is confirmed in a survey conducted out by Cecilia Österman and Magnus Boström of the Kalmar Maritime Academy of Linnaeus University. More than half of all women seafarers state... more
Kenya Airways cuts the net
After years of flying monkeys to USA for animal testing, Kenya Airways has decided to end the lucrative business at the end of February, following an appeal by animal rights group Peta. The decision was triggered by a truck accident on 21 January in Pennsylvania, in which... more
Maritime trade back to pre-pandemic levels
In 2021, international maritime trade recovered to pre-pandemic levels and reached 12 billion t transported, corresponding to approximately 1,5 t per inhabitant of the earth. According to the latest weekly report by analyst Clarksons, international trade by sea in 2021 grew by... more
Aemli 2022 – China and India retain top spots
China and India held their No. 1 and 2 ranking in the ‘2022 Agility Emerging Markets Logistics Index’ (Aemli), the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The UAE, Malaysia, Indonesia, Saudi Arabia, Qatar,... more
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