Air cargo tonnages and rates both declining 
Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, as the latest figures published by World ACD Market Data show. Looking at week 32... more
LNG links NYK to Qatar
NYK has inked a long-term time-charter contract with Qatar Energy, the monarchy’s state energy company, for seven LNG carriers. The new sister vessels will be equipped with an X-DF 2.1 iCER and air lubrication system, both of which will contribute to a reduction of GHG emissions... more
Europa Worldwide Group promotes Carlo Turner
Carlo Turner has been promoted to the new position of non-network and continent director at Europa Worldwide Group as part of the firm’s plans to reach new markets and expand its presence in Belgium. Turner currently manages a growing team of 47 staff, located in Belgium and... more
Russia's fifteen projects in the Far East
According to information from the Russian news agency Tass, Russia’s Far Eastern seaports will be expanded. As statistics showed, the current annual cargo turnover of seaports in the Far Eastern Basin amounted at 131.2 million t (down 0.9% compared to the year before). It is... more
Wan Hai: more profit, new vessels
The Taiwan-based carrier Wan Hai saw its profits rise in Q2/2022 and is now investing in the expansion of its fleet. The liner's net profit rose to USD 1 billion in the second quarter, a significant uptick of almost 59% compared Q2/2023. Nevertheless, profits declined by 26%... more
Flying young birds in the South Pacific
Air New Zealand has given a helping wing to six young tūturuatu (Shore plover), relocating them from Hawke's Bay to their new home on Motutapu Island. The species is endemic to New Zealand and one of the world's rarest shorebirds. With a population of just 250, they are only... more
Six more A321F for Qantas
Qantas Freight is increasing its domestic fleet with six Airbus A321 aircraft to meet growing e-commerce demand from its customers. Since the onset of Covid-19, the national carrier’s freight division has seen a step change in cargo volumes driven partly by a structural shift to... more
EFL Global celebrates 40th anniversary
Hanif Yusoof founded Expolanka Freight as a five-man team in a 27.9 sqm office in 1982. Commonly referred to as “Expo,” the Sri Lanka-based company aligned itself with global providers by offering flexible solutions with a personal touch. 40 years later, the supply chain and... more
Newest Cargo iQ software for Cathay Pacific
Cathay Pacific Cargo in Hong Kong has implemented Cargo iQ’s newest freight planning and monitoring milestones, Freight into Warehouse control (FIW) and Freight out of Warehouse control (FOW), to enhance the visibility of the cargo during warehouse and ramp handling operations.... more
Prestigious newcomer to executive board
Hans Airways, a new long-haul hybrid airline readying to start cargo-friendly scheduled flights between Birmingham, UK and Amritsar, India, has appointed Baroness Usha Prashar, CBE to its executive board. Since 1970, Baroness Prashar has served as director, or chair, of a... more