Opening an office in the kingdom
Columbia Shipmanagement (CSM) has opened a new unit and a new office in Saudi Arabia. CSM Saudi has been set up to service the needs of its client Saudi Aramco in the areas of energy, oil and gas, training and procurement, but also for further potentials in the kingdom. The... more
Remote maritime surveys extended
The classification society DNV GL has finished the world's first in-water remote ship surveys using a remotely operated vehicle (ROV). The in-water bottom surveys using ROVs were carried out on three separate Wilson ASA-managed vessels, the first having been completed on the... more
CMA CGM on track in Q2/2020
The Marseille (France)-headquartered CMA CGM reported a noticeable decline in volumes in Q2/2020. Boxes carried during the second quarter of 2020 were down to 4.8 million teu (Q2/2019: 5.5 million teu) or 13.3% compared to the second quarter of 2019. Yet the carrier said in... more
Second Pakistan carrier with widebody capacity
Becoming the second active Pakistani carrier operating widebody jets after Pakistan International Airlines, Islamabad-based Serene Air took delivery of its first A330-200 at the end of August. The privately-owned carrier currently operates four B737-800 (photo) on domestic... more
IMO: much is done, but more to achieve
In its fourth greenhouse study, the International Maritime Organisation (IMO) states that in the period between 2008 and 2018, maritime trade grew by 40% and the absolute emissions of greenhouse gases decreased by around 5%. This decoupling was due to the significant... more
Tiaca: global air cargo keeps on improving
Heavily hit at the beginning of the coronavirus crisis, the global air cargo industry is continuing its gradual route to recovery to pre-Covid market conditions for a fourth-consecutive month. This is the outcome of two "Economics4Cargo" webinars Tiaca held last... more
A well-filled war chest for DP World
More money for investments: DP World, the Dubai-based terminal and port operator, and the Canadian Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, have announced the expansion their investment into ports and terminals through a new commitment of... more
UN: support express, air mail and cargo operators!
The International Civil Aviation Organisation (ICAO) and the Universal Postal Union (UPU) are encouraging national governments to support their designated postal operators, air cargo carriers, and express mail operators through financial aid and operational flexibility. A... more
Alha and Emirates warming up again
On 15 July 2020, Emirates restarted regular flights to/from Rome FCO, and its cargo operations are now back on track as usual, with a primary focus on controlled-temperature services for pharma products. Alha, as the airline's local cargo handling partner, is providing... more
Maersk reshuffles its brands
Having posted stronger-than-expected results for Q2/2020, tripling its net income to USD 443 million in comparison to USD 153 million in Q2/2019, Maersk is redesigning its portfolio. The Safmarine and Damco brands will be fully integrated and no longer marketed by the end of... more