Importance of increasing automotive charters
Since the New Year, IAG Cargo, the cargo division of International Airlines Group (IAG), has transported over 8,000 t of automotive spare parts. A significant proportion of these shipments were delivered via 95 charter flights utilising the group’s B777s and B787s and arranged... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
Iata regional VP, Africa & Middle East
Kamil Al-Awadhi assumed his new position as Iata's vice president for the region Africa & Middle East (AME) on 1 March 2021. Succeeding Muhammed Albakri, who has been appointed senior vice president for customer, financial and digital services, Al-Awadhi will lead Iata's... more
Hungarian coaches for Egypt
DHL is supporting Dunakeszi Járműjavító Kft to transport the largest order of rolling stock in the country's history. 676 passenger coaches will be delivered from the production site in Dunakeszi, Hungary, to Egypt within a period of 32 months. DHL will manage the end-to-end... more
Drones assist in vaccine logistics
Zipline is cooperating with UPS and the UPS Foundation to assist the government of Ghana in the delivery of Covid-19 vaccines across the West African country. Supported by the coordination of UPS Healthcare with vaccine manufacturers, UPS deliveries of initial vaccines... more
Now operating in Kenya
Hapag-Lloyd has opened a new office in Kenya. While the main business will be managed from the port city of Mombasa, the ocean carrier will also be represented with an office in the East African country's capital Nairobi. Prashant Sindhwani, former operations director for... more
MGI and TGI join forces
Software provider MGI, a port community systems (PCS) specialist, and TGI Maritime Software, which focuses on the francophone terminal operating system (TOS) market, are working together to ensure AP+ migration to Ci5 for the following maritime terminals: Terminal Des Flandres... more
World trade growing again
In January 2020, the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) registered a moderate surge in world trade and container... more