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
Maersk sticks to its optimism
A.P. Moeller-Maersk A/S (APMM), the world's largest container shipping group, said it expects better market demand than previously forecast in the current three-month period. The quarterly profit should therefore be "slightly above" the USD 1.5 billion mark achieved... more
Artifact from Iran intercepted at US airport
Exactly one month ago, on 19 May 2020, US Customs and Border Protection (CBP) officers in Louisville, KY inspected a shipment from the UK, containing an antique amber glass bottle purporting to be from the 9th-10th century. An expertise revealed that the bottle was actually... more
Oman Logistics Centre launches Tawseel
Oman Logistics Centre has launched Tawseel, a national cloud-based technology initiative, to enable logistics providers to adopt the latest logistics solutions. The programme is designed to empower start-ups and SMEs in the last mile delivery space across the Sultanate to... more
World's biggest cargo carrier spans new network
New data from the International Air Transport Association (Iata) reaffirms that Qatar Airways Cargo continues to lead the air cargo business with more than 900 million cargo tonne kilometres (ctk) during April, accounting for 7.2% of the global cargo market and ensuring much... more
Move One extends contract in Afghanistan
Dubai-based Move One has extended its aircraft handling contract on Bagram, Kandahar and Kabul military airfields through 2025. Describing itself as "the largest foreign-owned freight forwarder in Afghanistan", where it has been operating for 19 years, the company's... more
Difficult times ahead for car carriers
The research and data mining company Vessels Value has analysed the development of the demand for maritime vehicle carriers in 2020. Demand globally is down 18% year on year so far. In detail, some markets (Japan exports and China imports) are showing faster recovery than... more