Piraeus: port’s expanding plans go ahead
The European Investment Bank (EIB) has agreed to provide EUR 140 million to support the expansion and upgrading of the port of Piraeus, the principal port of Greece. It is the largest loan Europe’s long-term lending institution has ever provided for port investment in the... more
Topsy-turvy world
As Russia and many other countries celebrate Christmas only today and tomorrow, 6/7 January 2020, we are already looking back to the pre-Christmas freight services performed by an airline whose native country is now enjoying the height of the summer season. Air New Zealand's... more
Shipping confidence at its highest level since 2014
In the last quarter of 2019, confidence in the shipping industry rose to its highest level for 18 months, according to the latest survey conducted by adviser BDO. The average confidence level was 6.4 out of 10.0, compared to 5.8 in Q3/2019. This is the highest rating since... more
New system to optimise terminal operations in China
New Oriental International Terminals (LNOIT), part of COSCO, has gone live with Navis’ terminal operating system N4. Located on the southwestern coast of Haizhou Bay in China, LNOIT is the first modern terminal company specialising in international container loading and... more
Six fatal cargo plane accidents in 2019
Over the year 2019, the Aviation Safety Network recorded a total of 20 fatal airliner accidents, involving civil aircraft of which the basic model has been certified for carrying 14 or more passengers, resulting in 283 (occupant) fatalities. The accident rate is one fatal... more
Iata expects slight improvements for 2020
Iata has forecast that the global airline industry will produce a net profit of USD 29.3 billion in 2020, above the net profit of USD 25.9 billion expected in 2019. If achieved, 2020 will mark the industry’s 11th consecutive year in the black. $ In 2019 cargo traffic turned... more
"Hot" air cargo in Alaska and Australia
The Fairbanks International Airport Police and Fire Department have seized a total of 222.8 l of alcohol, with an estimated street value of over USD 133,000 and 144 g of illegal drugs, destined for rural Alaskan communities in the last six months. These seizures of illegal items... more
Combining road haulage and air freight
Due to fluctuating air freight capacities in flights from China and south-east Asia, an increasing number of customers are opting for cargo-partner’s alternative solutions combining air freight and road haulage services. In addition to the existing connection from Myanmar via... more
New feeders to be built on dual-fuel LNG-basis
The Chinese Huangpu-Wenchong Shipbuilding Company (HPWS) has entered into a joint development project (JDP) with DNV GL on a 5,000 teu LNG dual-fuel containership. According to the agreement, the two partners will jointly develop a new dual-fuel 5,000 teu Panamax container ship... more
ONE takes another step towards digitalisation
ONE makes digital and mutually enforceable contracts part of its business environment. The shipping group joins a number of carriers that use the platform NYSHEX. Seven of the major global ocean carriers are already on board, representing not only approx. 60% of global capacity,... more