China's performance balancing world trade
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 122.3 points (seasonally adjusted) to 123.3 points in October, according to the current flash estimate. The Chinese... more
A closer look at financial highlights
It is well known that carriers are currently experiencing a boom with sky-rocketing financial results. The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the financial and volume performances of the major carriers in Q3/2021. Due to record-high freight... more
Wartsilä: new ship technology for fuel conversion
Technology group Wärtsilä is launching its two-stroke marine engines to future fuels with zero or low carbon emissions on the market in Q1/2022. MSC's fleet management division was a partner in this project. According to Wärtsilä, the new technology is "an important... more
Dnata expands into Africa
Dnata has signed a concession agreement with the government of Zanzibar: Dnata will oversee the operations of Zanzibar Abeid Amani Karume Intl Airport's (ZNZ) newly-built international terminal (T3), with Segap supporting the Zanzibar Airports Authority (ZAA) in a management... more
Growth in seafreight to last until 2027
In a recent study, Dublin-based analyst Research and Markets reported that the global market for seafreight forwarding, estimated at 64 million teu in the year 2020, is projected to reach a revised size of 72 million teu by 2027. Packaging, one of the segments analysed in the... more
Streamlining multiple air cargo operations
New air cargo capacity provider Mena Cargo has partnered with Awery Aviation Software, based in Ras Al Khaimah (UAE), to streamline operations across its scheduled and charter services across underserved markets in the Middle East, Africa and Asia. The Bahrain-headquartered... more
British electric cargo drones for South Africa
British technology start-up Samad Aerospace has signed an MoU agreement with Pretoria-based aviation services provider Aerosud Aviation for the development and manufacturing of its "starling cargo" aircraft. The fully electric VTOL with a payload of up to 60 kg... more
Petrov follows in Pietersen’s footsteps at Fiata
The general meeting of the International Federation of Freight Forwarders Associations (Fiata), held virtually last week, was attended by 184 delegates from 76 economies. It which would normally take place during the Fiata World Congress. In the Presidency leadership... more
DCSA setting new standards
The Digital Container Shipping Association (DCSA) recently published its communication systems and application programming (API) standards for the 50 event records in ports defined in its data list. These refer to the six main aspects of a call, namely planning arrival at a... more
"Greening" the world's fleet
Maritime consultancy Clarksons Research has published a report on the adoption of 'green' technology in the world’s merchant fleet. According to this data, currently 4.2% of the operating fleet and 34% of the order book in tonnage (GT) is ready to use alternative fuels or... more