Big takeover in South Africa
Kuwait-based National Aviation Services (NAS), Colossal Africa and a consortium comprised of the current executive management team have signed an agreement to acquire Bidair Services from the Bidvest Group. The closing of the acquisition is subject to fulfilling final... more
Ships' values soar
It is indeed a record. According to data from Clarkson Research, the value of the global merchant fleet has surpassed a trillion dollars in April due to rising prices for second-hand ships, especially in the container and bulk sectors. The broker's general second-hand price... more
New certificate and renewed contract
Havaş has extended its ground handling agreement with Qatar Airways Cargo for cargo and warehouse services for another five years. Under the agreement, Havaş will continue to provide cargo and warehouse services at Istanbul, Ankara, Izmir and Antalya airports to the Gulf... more
Etihad Cargo now on Wisetech booking platform
Already accounting for 50% of its total bookings, Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has advanced its international digital booking reach through a new partnership with Wisetech Global, a provider of cloud-based software solutions for the... more
Next client from Middle East
Shortly after welcoming Air Canada Cargo as its first airline partner from North America, the e-booking platform Cargo One has entered into a distribution agreement with Saudia Cargo to provide customers across the board with digital booking experience. Saudia Cargo COO Teddy... more
Cargo theft in EMEA at new peak
According to the latest statistics of the Transported Asset Protection Association’s (Tapa), product thefts from supply chains in Europe, the Middle East and Africa (EMEA) in 2020 amounted to losses of more than EUR 172 million. These incidents occurred despite most of the... more
LNG: tool of change for shipping emissions?
A study, commissioned by industry coalitions SEA-LNG and SGMF, has put forward that greenhouse gas (GHG) reductions of up to 23% can now be achieved by using LNG as a marine fuel, depending on the marine technology employed. It is the second lifecycle GHG emission study... more
Linking Mali
Established in July last year, Sky Mali plans to add the first international destinations later this month. Until now, its network is limited to five domestic airports (Bamako, Gao, Kayes and Timbuktu). The new carrier in this landlocked country which is "a public... more
Logistics marathon continues
42 days after the first doses of Covax, the global mechanism for equitable access to Covid-19 vaccines, were shipped and delivered internationally, to Ghana, more than 38 million doses of vaccines from AstraZeneca, Pfizer-BioNTech and Serum Institute of India have now been... more
New weekly service between Rome and Tel Aviv
On Saturday, 10 April 2021, Poste Air Cargo launched a new weekly cargo flight between Rome FCO and Tel Aviv. The new route for the Poste Italiane Group’s cargo airline, which connects seven Italian airports with its Brescia hub every night, is part of its plan to expand its... more