An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
TIR cuts time from Oman by 85%
Two TIR trucks carrying food set off from Oman recently, passed through the United Arab Emirates and arrived at their destination in Saudi Arabia less than 24 hours later. This transit time represented a time reduction of 85% compared to trucks not using TIR.Ahmed Said Alhosni,... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
Still committed to protecting wildlife
On 2 March 2021, San Francisco airport (SFO) welcomed the return of Emirates with the arrival of its first nonstop flight from Dubai in eleven months. The Middle Eastern airline started SFO operations in 2008 and made it its first A380 West Coast destination that same year.... more
Iata regional VP, Africa & Middle East
Kamil Al-Awadhi assumed his new position as Iata's vice president for the region Africa & Middle East (AME) on 1 March 2021. Succeeding Muhammed Albakri, who has been appointed senior vice president for customer, financial and digital services, Al-Awadhi will lead Iata's... more
Livestock from Western Europe to Western Asia
Air Bridge Cargo Airlines (ABC) has completed two Boeing 747 charter flights from Europe to Kuwait delivering 355 heifers and ten bulls to their new home. The flights, which were organised from Liege (Belgium) and Leipzig (Germany) to Kuwait City were planned and operated by... more
World trade growing again
In January 2020, the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) registered a moderate surge in world trade and container... more
Pilferers report for 2020
The annual cargo theft report 2020, compiled by TT Club and BSI, shows that theft of cargo in transit is still the most frequent crime, although uts 71% share of the total is below the 2019 level (87%). Losses from warehouses and other storage facilities increased to 25%.... more
Present for global perishable industry
Emirates Skycargo is underlining its commitment to the international food and beverage industry with its participation in Gulfood, held in Dubai until today, 25 February 2021. The cargo carrier has participated in previous editions and has also introduced some of its small... more
Hinterland transport affected worldwide
In these pandemic times, the global situation in hinterland transport has slightly deteriorated compared to November and December 2020. This is one of the findings of the sixteenth survey of global ports which has been published in the WPSP-IAPH Covid-19 Port Economic Impact... more