Third strong quarter in a row for DP World
DP World handled around 19.8 million teu in Q3/2021, a rise of approximately 8.1% year-on-year. In the first three quarters of 2021, the Emirati logistician and terminal operator handled around 58.4 million teu in all of its container terminals worldwide. The number of boxes... more
Boeing's Middle East outlook 2021
In its commercial market outlook (CMO) for 2021, Boeing forecasts that airlines in the Middle East will require 3,000 new airplanes valued at USD 700 billion and aftermarket services such as maintenance and repair worth USD 740 billion, with the region positioned to capitalise... more
Aramex welcomes European stakeholder
It is a connection linking Franc with the Middle East. Geo Post, which is owned by Le Groupe La Poste, has invested in a 20.15% stake in CEP and logistics services provider Aramex. The shares of the Dubai-headquartered company were sold for AED 1.4 billion (USD 380 million).... more
Booking cargo per mouse click
DP World has launched a new digital logistics platform, which enables seamless, safe, secure, and efficient movement of cargo with a single-window solution. With Cargoes Logistics, customers can choose from multimodal logistics options, ship freight by sea, road, and/or... more
Fire onboard "ZIM Kingston" under control
The fire, which broke out onboard the "ZIM Kingston" last week, has been extinguished, the carrier said in a press release. On Friday 22 October 2021, the vessel, chartered by ZIM, en route from Pusan to Vancouver, ran into very heavy weather conditions. Dozens of... more
Astral picks Pilot Freight in Dubai
Kenya‘s Astral Aviation, which wants to expand its cargo business in UAE, has chosen Pilot Freight as its GSA in Dubai. The contract came into effect ten days ago, on 15 October 2021. Astral employs its B767-200F, which it added to its fleet almost a year ago, for twice weekly... more
Another service to link Gulf with Pacific
Singapore-headquartered Pacific International Lines (PIL) is launching a new weekly direct service connecting central and south China to the Gulf region in the Middle East. The new link complements the already existing CSG service between China and South East Asia to the Gulf... more
K+N maintains steady course in 2021
The figures speak for themselves - most logistics services providers cannot help achieving excellent results due to or despite the current supply chain disruptions. The Swiss logistics group Kuehne & Nagel International's growth continued strongly in Q3/2021. From... more
More vessels purchased
Haifa-based shipping company ZIM Integrated Shipping Services has enlarged its fleet with used units. In October 2021, it purchased seven second-hand vessels in a number of separate transactions. USD 320 million were budgeted for the transaction. The seven vessels, built between... more
The top capacity providers of 2020
2020 was an extraordinary year in many respects – for aviation too. Out of necessity, more than a few airlines discovered or deepened their penchant to transport airfreight. Qatar Airways Cargo, one of the few airlines that has been able to increase its market share “thanks... more