Alibaba teams up with ZIM
The carrier ZIM and the Chinese online firm Alibaba.com have entered into a cooperation agreement for the direct purchase of sea freight, improving logistic services to the Alibaba.com platform sellers. Under the agreement, ZIM provides sea freight and services through a direct... more
MSC bridged the gap first
The Swiss MSC Mediterranean Shipping Company has discharged cargo originating in the United Arab Emirates in Israel for the first time since the mid-September agreement to normalise relations between the two countries. The container ship MSC "Paris”, operating on MSC’s... more
ZIM replaces chairman of the board of directors
ZIM Integrated Shipping Services has appointed Yair Seroussi as chairman of the board of directors. His nomination was approved in a shareholders meeting. He succeeds Aharon Fogel, who is stepping down from his role, after more than six years in office. Seroussi gained his... more
Elcome Dubai goes Europe
Dubai (UAE)-based Elcome International, a provider of maritime systems integration, installation and on-board services worldwide, has established its first service centre in Europe. Based in Sevilla, Spain, the new facility will offer shipboard navigation and communication... more
ZIM's tender offer closes
ZIM Shipping Market Investments (the “offeror”) announced the news already on 29 September 2020. In a public offer, investors had been invited to purchase Series 1 and Series 2 bonds issued by ZIM Integrated Shipping Services (the “Tender Offer”). Now the offeror has... more
First anniversary of UAE B2C delivery platform
Emirates Delivers, the e-commerce delivery platform developed by Emirates Skycargo has completed its first year of operations. The service, currently available for UAE residents shopping from websites in the USA, helps customers save on shipping and transportation charges by... more
Dnata upgrades in Singapore and Australia
Dnata, which operates a 1,400 sqm pharma and perishable handling centre at Singapore Changi airport, has become the first local cargo handler to operate cool dollies. The company’s new devices are designed to serve the pharmaceutical industry with a closed temperature-controlled... more
London P&I Club joins seafarers’ welfare association
The London P&I Club has become a member of the International Seafarers’ Welfare and Assistance Network (Iswan), a network of international organisations committed to improving the welfare of seafarers.The London Club can now become more active in helping to improve the lives... more
BDI flying high
The Baltic Dry Index (BDI), the main index of the international dry cargo freight market, has maintained its upward trend for five consecutive sessions and recently surpassed the 2,000 point barrier, reaching 2,097 on 7 October. This is the highest mark since September last... more
Charles Menkhorst named CEO of Gulftainer
Sharjah (UAE)-based port operator Gulftainer, a privately-owned subsidiary of Crescent Enterprises, has promoted Charles Menkhorst to the role of CEO. With over 25 years of experience in the international maritime industry, Menkhorst will take Peter Richards's place, the... more