Another new maindeck destination in China 
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has added a weekly freighter service between Abu Dhabi and Guangzhou in response to increased demand for cargo capacity for China. In recent months, the carrier has continued to expand its Asian network, launching... more
Adding B767s to tackle challenges
In what it calls a milestone that "marks a significant step forward for the company, enhancing its overall capacity and operational flexibility", Challenge Group has taken over a B767-300BDSF. The converted B767 is an addition to the existing fleet and is not intended... more
Ezhou welcomes inaugural Etihad Cargo flight
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has operated the carrier's inaugural flight to Ezhou Huahu Airport. Etihad Cargo's Boeing 777-200 freighter arrived in Ezhou on 18 August 2023, making the carrier the first international airline other than SF Airlines... more
Q Terminals Group grows footprint in Europe
Q Terminals Group, a joint venture of Qatar Ports Management Company and Qatar Navigation, has acquired a majority stake in Kramer Holding, a logistics and container services provider at the Port of Rotterdam. The Dutch company operates in key locations with tri-modal transport... more
Investing in a grain terminal in Kazakhstan
AD Ports Group has signed a heads of terms agreement with Semurg Invest (Semurg), the owner and developer of Sarzha Multifunctional Marine Terminal in Kuryk Port, to potentially invest in the grain terminal located at Kuryk Port, Kazakhstan. Abdulaziz Zayed Al-Shamsi,... more
DP World: robust growth in H1/2023
DP World’s financial results for the first half of 2023 show robust growth, with a 13.9% increase in revenue to USD 9.0 billion and a 7.0% rise in adjusted ebitda to USD 2.6 billion, reflecting a 28.9% adjusted ebitda margin. The growth is driven by a full consolidation of... more
Mycrane strengthens USA sales team
Online crane rental platform Mycrane has appointed three experienced sales professionals to bolster its team in USA. The new recruits are Jason Travis (right) – vice president USA division Southwest (based in Houston, Texas); Robert Baty (middle) - vice president USA... more
ZIM navigates challenges in Q2/2023
ZIM Integrated Shipping Services reports Q2/2023 financial results, revealing USD 1.3 billion in revenues, a net loss of USD 213 million, and adjusted ebitda of USD 275 million. Amid challenging container shipping market conditions, Q2 showed reduced earnings and an 87%... more
AD Ports Group: growth in Q2/2023
AD Ports Group reported a significant 66% YoY revenue increase in Q2/2023, reaching AED 2.1 billion (USD 571 million). The result was driven by a good performance in maritime, ports, and digital clusters, alongside acquisitions. Adjusted for acquisitions, revenue grew by 44%... more
Thessaloniki and Ashdod bond
The Port Authority of Thessaloniki and Ashdod Port Company, Israel, have inked a new agreement. The new cooperation focuses on innovation, with a particular emphasis on cybersecurity and operational efficiency. At the same time, both parties are planning joint initiatives to... more