ACN becomes major investor in MAE Aircraft
The Asia Cargo Network (ACN) group, an air cargo charter services provider based in Southeast Asia, and Bahrain’s Mena Aerospace have signed a significant partnership and strategic alliance between the two aviation companies, extending ACN’s reach into the Middle East, South... more
From terminal to terminal
CMA CGM building in Yokohama. Moving to a new site within a port isn’t easy. In Japan, CMA CGM has secured a place in the new Honmokufuto D5 terminal with the port authority. more
For shipping in Sharm El Sheikh
A new action plan, launched at COP 27 by United Nations organisations, shipowners and trade unions, makes recommendations for improving the skills of seafarers to achieve the decarbonisation goals of the maritime transport industry. The plan responds to the findings of new... more
Aapa welcomes new member Air India
India’s national carrier Air India has joined the Association of Asia Pacific Airlines (Aapa). “It is an honour for Aapa to welcome Air India into our ranks as the first Indian airline to join the association. Air India operated its first flight in 1932 in India, which... more
Annual profit around SGD 1 billion
Frasers Property has reported its financial results for its financial year ended 30 September 2022 (FY 2022). Panote Sirivadhanabhakdi, Group CEO, commented that the group was “able to deliver improved operating performance over the course of FY 2022." Primarily... more
More vehicle rest areas for Australian truckies
The Australian government is delivering a AUD 80m (EUR 52m) commitment to new and refreshed rest areas for truck drivers and brings the total commitment for heavy vehicle rest areas to AUD 140 million (EUR 90 million). The budget will include upgrades to freight routes... more
Figures and certificates spell growth
Etihad Cargo gaining momentum and achieving sustainable growth. Etihad Cargo achieved record revenues in 2021 and has continued to build on this momentum, achieving top results in the first half of 2022 too. The carrier is confident that it can finish the year strongly and... more
More support for UN Global Compact initiative
Canadian National Railway (CN) has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. Launched in 2000, UN Global Compact is the largest corporate... more
Cathay Pacific and Unilode extend partnership
Cathay Pacific, one of the world’s largest airline groups, and Unilode Aviation Solutions, a global specialist for outsourced ULD management, repair and digital services, are renewing their full-service ULD management agreement until 2027. Cathay Pacific and Unilode have... more
A good year for ICTSI so far
The Philippines-based International Container Terminal Services (ICTSI) has published its unaudited consolidated financial results from January to September 2022. Revenues from port operations amounted to USD 1.64 billion, an uptick of 20% compared to 9M/2021 (USD 1.37... more