Q3/2020 in the doldrums, Sea Intelligence expects
In its latest issue 106 of its Global Liner Performance (GLP) report, the Copenhagen (Denmark)-based maritime intelligence provider Sea-Intelligence refers to the recent revision of the IMF's outlook for the global economy, revising a -3.0% projected recession for 2020 downwards... more
Chinese air purification units flown to Saudi Arabia
Saudi Arabian XLP member Glaube Logistics completed a recent air charter from Chengdu to Riyadh. The cargo consisted of 3,600 pieces of air purification units, weighing a total of 110 t, and the plane used was a B747-8F. The initial challenge for Glaube Logistics was to... more
Emirates continues to adapt passenger aircraft
Emirates has introduced additional cargo capacity by using B777-300ER passenger aircraft with seats removed from the economy class cabin. Emirates Engineering was given the task of implementing this response to the strong air cargo market demand for the rapid, reliable and... more
SAL launches Dammam pharma operations
Saudi Arabian Logistics (SAL), a subsidiary of the Saudi Arabian Airlines Corporation, has launched the operations of its state-of-the-art pharma facilities recently opened at Dammam airport’s Cargo Village. Increased from 118 to 542 sqm (262 sqm each in temperature ranges... more
Cargo Gulf links Middle East with Asian markets
The Non-Vessel Operating Common Carrier (NVOCC) Cargo Gulf, established in 1985, now operates a new Arab Gulf-Indian Subcontinent liner service (AGISC), linking Pakistan and India directly to markets in the upper Persian Gulf. It complements the company’s existing services... more
World container flows on hold
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) hardly moved at all from April to May, falling from (corrected) 107.8 to 107.7 points. The index is therefore 7.3% below the... more
DP World completes acquisition in Ukraine
Dubai-based terminal and port operator DP World recently finalised its acquisition of a 51% stake in TIS Container Terminal in the port of Yuzhny, Ukraine. The relevant authorities have given their green light. This project will be DP World's second partnership with TIS... more
Emirates' B777F brings relief to Burkina Faso
Emirates Skycargo, the freight division of Emirates, has worked with Dubai-based International Humanitarian City (IHC), a leading global hub for humanitarian aid, to transport an urgent consignment of relief materials to Burkina Faso. The B777F carrying around 100 t of aid,... more
H2/2020: Full black or full red?
The Copenhagen (Denmark)-based maritime analyst Sea-Intelligence has issued a new assessment of the carrier's financial situation in 2020. In a first estimate in April, the Danes suggested two possible outcomes, both based on a presumed 10% loss of volumes. One forecasts... more
Two Air Transat A330-200 to fly for GTA Air Cargo
Montreal (Canada)-based leisure carrier Air Transat will convert two of its A330-200s into makeshift freighters for use on behalf of GTA Air Cargo, the newest company of the GTA Group. Mario D'Urso, the chairman of the Canadian logistics firm's parent, GTA dnata, said via... more