Etihad Cargo and SF Airlines deepen partnership
In a meeting at SF Airlines’ headquarters in Shenzhen on 18 September, key representatives of this subsidiary of SF Holding and of Etihad Cargo, the cargo and logistics arm of Etihad Airways, convened to formalise their intention to establish a joint venture. The project... more
Setup for commercial-vehicle business
The German automotive supplier Bosch is reorganising its commercial-vehicle (CV) business. Starting January 2025, the company will pool important competencies in a new business unit, bringing together system development and product and portfolio management for trucks and... more
Largest floating sheerleg crane for Middle East
Drydocks World has signed a deal with ZPMC for a 5,000 t floating sheerleg crane, the largest of its kind in the Middle East and Africa. Expected by 2026, this crane will enhance the company’s heavy-lifting capabilities for offshore projects, allowing it to handle up to 5,000 t... more
Challenge Group now Ceiv Li-batt certified
Following six months of intense preparation, training and strict auditing, Challenge Group has now gained Iata Ceiv Li-batt certification, in addition to the Iata Ceiv Pharma and Iata Ceiv Live accreditations previously awarded to Challenge Airlines and Challenge Handling in... more
Crossing 10,000 cranes
Mycrane now boasts an inventory of over 10,000 lifting machines, making its crane fleet one of the largest in the industry. The company set out to expand its fleet in 2021. It estimates that 30% of 100 fleet owners listed in the industry index of KHL IC100 have registered on the... more
Two wheels from Kuwait to Italy
Euromar has handled the import and re-export between Kuwait and Italy of the EUR 40,000 MV Agusta Brutale Motorbike. As a partner of the U-Freight Group, the company carried out this transport by leveraging its shipping expertise. The motorbike began its journey in Kuwait... more
Vessel sharing deal to boost Saudi-India trade
Folk Maritime Services has launched a new liner service connecting the Jeddah Islamic port in Saudi Arabia to India’s Mundra and Nhava Sheva ports. The ten-day service, starting in September, aims to strengthen maritime trade ties between the two nations, promoting the... more
Dnata further reduces carbon footprint
Global air and travel services provider Dnata has completed a major milestone in its environmental sustainability journey: all non-electric airside vehicles and ground support equipment (GSE) at its biggest operational hub in Dubai are now operating exclusively on a biodiesel... more
At the end of a hot summer for air cargo
Global average air cargo spot rates of 2.68 USD/kg in August were boosted by the continuing imbalance between supply and demand. According to Xeneta’s latest weekly analysis, last month's global cargo supply increased at its slowest ratio in 2024 to-date at 2% year-on-year,... more
Air cargo demand still climbing
The International Air Transport Association (Iata) has released data for global air cargo markets in July 2024 showing continuing strong annual rise in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 13.6% compared to July 2023 levels (14.3% for... more