World ACD: global air cargo tonnages stabilising
Preliminary figures provided by World ACD for week 43 (23 to 29 October) show a +1% increase in global average rates and a -1% decrease in tonnages. The slight decrease in last month's last full week follows the same pattern as the previous year, characterised by a mid-month... more
Cooperation with customs authorities fosters trade
IAPH was honoured to welcome Ricardo Treviño Chapa at IAPH World Ports Conference for the launch of the first evert International Association of Ports and Harbors (IAPH) World Customs Organization Guidelines on Cooperation between Customs and Port Authorities Patrick Verhoeven... more
Korean partnership to reduce CO2 in shipping
KR (Korean Register) and HD Hyundai Global Service have signed an MOU to collaborate on verifying maritime carbon reduction solutions. With increasing decarbonisation regulations, shipping firms are turning to digital technology to reduce carbon emissions more effectively.... more
Air cargo demand turns a corner in Asia Pacific
Following 18 consecutive months in decline since March 2022, the region’s carriers recorded an upswing in international air cargo demand in September, with a 3.2% year-on-year growth as measured in freight tonne kilometres (ftk). While the increase could in part be... more
An e-mobility partnership
Scania and ABB E-Mobility have signed a global framework agreement, whereby ABB will support Scania with its wide range of DC charging solutions – from 24 kW up to 600 kW. The agreement enables Scania to become a full solution provider for its EV customers, the truck... more
Connecting sea and air in Hong Kong
The Airport Authority Hong Kong is working with Dongguan Port Group on the development of the latter’s Dongguan Logistics Park. Dongguan envisages intermodal transhipment services from sea to air, directly connecting the park with the airport. This arrangement enables cargo... more
First Airbus A321 P2F for Indigo
Aercap Holdings has delivered its first Airbus A321 passenger-to-freighter (P2F) aircraft to Indigo. The aircraft conversion was completed by Elbe Flugzeugwerke (EFW) before being delivered to IndiGo at ST Engineering Aerospace in Singapore. "We are pleased that our... more
Electronic payment services for seafarers
Mitsui O.S.K. Lines (MOL) has introduced Martrust, a specialised payment service for seafarers on its vessels. Developed by the Marcura Group, Martrust offers e-wallet accounts and international debit cards to seafarers, enabling electronic payment services. This move aims... more
ACS to expand in Australia
Air Charter Service has continued its Australian expansion plans, having already increased its team size by 50% this year. Now the aircraft charter specialist’s Sydney office is preparing for further growth by moving into a much larger space. Paul Crook, ACS’s Sydney office... more
MOL inks long-term charter with Jera
The Japanese company Mitsui O.S.K. Lines (MOL) has signed a long-term charter deal for a newbuilding LNG carrier with a vessel operation management company funded by Jera. This marks the sixth contract with Jera for LNG carrier. The vessel will be built at the Geoje Shipyard of... more