From Canada to Cairo (and more)
In anticipation of its first maindeck freighters, Air Canada Cargo continues to introduce new all-cargo flights with its long-haul passenger aircraft. Starting today, 17 June 2021, a new service between Montréal and Cairo will be added, operating three times a week with... more
Chapman Freeborn appoints IMEA regional director
Global air charter specialist and part of Avia Solutions Group, Chapman Freeborn has appointed aviation expert Sharon Vaz-Arab as director, India, Middle East & Africa (IMEA). She will be based in the company’s office in Dubai and work closely with Neil Dursley, Chapman... more
Unprecedented profits continue
The Copenhagen-based maritime consultancy Sea-Intelligence reported that the eleven largest shipping lines generated combined operating profits of USD 13.3 billion in H2/2020. Results for the large shipping companies remained equally strong in Q1/2021. While the first... more
Cargo softens first non-profitable year
With a loss of AED 22.1 billion (USD 6.0 billion), 2020-21 was Emirates Group's first non-profitable year in over three decades. With the strong demand in air freight throughout the year, Emirates Skycargo reported a revenue of AED 17.1 billion (USD 4.7 billion), an increase... more
Gulftainer gets new CFO
Gulftainer, an independent port management and 3PL logistics company based in the UAE and the parent company of GT USA, has appointed Javier Echeverria as its new CFO, to support its international expansion and growth strategy. Echeverria previously served as regional... more
GAC breaks ground in Doha
In Ras Bufontas Free Zone Doha, construction is underway on GAC Qatar’s new 27,000 sqm multi-user contract logistics facility. It follows the signing of an agreement between GAC and Qatar Free Zones Authority (QFZA) in February this year. The facility is expected to be... more
Oslo – Haifa in 14 instead of 30 days
An interesting new rail alliance has been formed: Loconi, which operates five weekly container trains between Gdynia and Wrocław (both in Poland), and Baltic Rail, which runs three – five weekly trains between Wrocław and Koper (Slovenia), have launched a combined intermodal... more
Bimco and ICC promoting e-BL
The Baltic and International Maritime Council (Bimco) has partnered with the International Chamber of Commerce (ICC) and other stakeholders to develop a global electronic bill of lading model for vessels operating in tramp traffics. Bimco says that this initiative will be... more
Laurels for ZIM's IPO
Carrier ZIM held its IPO celebration at the residence of ZIM’s major shareholder, Idan Ofer, on the seashore in Arsuf, near Tel Aviv. Many other guests joined virtually, including heads of international banks, financial institutions, law firms and others who took part in the... more
From Miami and New York to Israel
American Airlines Cargo is launching transatlantic services from New York JFK (daily) and Miami (thrice-weekly) to Tel Aviv (Israel). Both are operated with B77-200 equipment and will initially carry around 15 t of freight per flight, depending on passenger load factors. Tim... more