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
Further cooling down in Dubai
Emirates Skycargo is strengthening its temperature sensitive pharma and vaccine handling capabilities at its Dubai hub with the extension of its fully automated cool room with 94 airline pallet positions at its EU GDP certified dedicated pharma facility at DXB. This will... more
Second all-cargo GSA contract within ten months
Aviation Horizons has signed a global cargo GSA contract with Air One Aviation to support its launch venture into the all-cargo market for regional B737 freighter services. The Saudi-based private jet operator has taken delivery of its first B737-400SF conversion and two... more
Two reasons for capacity crunch
Copenhagen-based maritime consultancy Sea-Intelligence has analysed the capacity shortages in maritime transport that are leading to record margins. As there is no global container shipping boom, the company attributes the current shortage of vessel capacity (and of empty... more
Saudia Cargo pushes presence in Belgium
Liège airport and Saudia Cargo have signed a commercial partnership valid until 2023 under which the airline will increase cargo flights to and from the Belgian airport which will be connected to Saudia's network for regular cargo operations and charter flights. Airport CEO... more
ICS welcomes zero-emissions project
The International Chamber of Shipping (ICS) has welcomed the new 'zero-emissions shipping' project. Its objective is to ensure that at least 5% of the global merchant fleet operating in transoceanic traffic is propelled by fuels with zero emissions by 2030. This project is... more
Rising global fleet faces staff shortfall
London-based maritime consultancy Drewry draws attention to a growing concern of the high sea shipping industry, according to the latest Manning Annual Review and Forecast report. Due to the diminishing attractiveness of a career at sea, coupled with rising man-berth ratios... more
Fifth Gulf state introduces TIR
Transport is becoming more efficient in the Middle East, now that the TIR system is going live in Qatar. TIR will help speed up supply chains in Qatar, which is set to host a series of major international events in the coming years, including the 2022 FIFA World Cup. This will... more
A silver lining for reliability at sea?
According to Sea-Intelligence, a maritime intelligence provider from Copenhagen (Denmark), the increase in global schedule reliability in March 2021 didn’t last. Reliability levelled out, with carriers recording a 1 percentage point decrease month-on-month in April, coming to... more