Plans for a ship repair facility in Abu Dhabi
AD Ports Group, a facilitator of global trade, logistics and industry, and Crystal Offshore, an integrated service provider for the major maintenance of offshore assets within the oil and gas industry have signed a 25-year agreement. Saif Al Mazrouei, AD Ports Group's CEO,... more
War in Ukraine: a hard blow to intermodal traffic
The European combined transport declined slightly by 0.3% in 2022, according to UIRR. The domestic performance reached a historic high with 3.26 million teu, which represents an increase of 5.6% y-o-y. Extra-EU – mostly intercontinental - traffic decreased by 48%. In terms... more
Blocked funds threaten market connectivity
The airline industry’s blocked funds have increased by 47% to USD 2.27 billion in April 2023 from USD 1.55 billion in April 2022. Willie Walsh, director general of the International Air Transport Association (Iata): "Airlines cannot continue to offer services in markets... more
Europa Air & Sea expanding into continental Europe
The UK-based transport and logistics company is opening its first Dutch base, located in Rotterdam. This move follows the operator’s plans for a new team in Delhi, India. The continued investment demonstrates how Europa is setting the pace in the market, the company said.... more
Saloodo to launch first e-truck in UAE
DHL’s digital road freight platform Saloodo plans to introduce the UAE’s first electric Mercedes-Benz truck. The fully electric 40 t eActros 300 Tractor is particularly suitable for heavy-duty distribution transport and compatible with all common semitrailers. Exclusively... more
UAE opts for Einride’s futuristic ecosystem
Swedish freight mobility company Einride is supporting the UAE’s government to fast track the region to sustainable shipping. Based on a recently signed MOU, Einride’s ecosystem will now be implemented at scale throughout the Falcon Rise grid. The Falcon Rise grid will... more
Shipsy growing in Africa
Over the last few quarters, Shipsy, a global SaaS-based platform for the management of shipments, has rapidly grown its presence in African markets by acquiring customers in the courier, express and parcel, last-mile delivery, e-commerce, and retail segments. Shipsy CEO and... more
Transmitting know-how in Bahrain and New Zealand
Cpat Global, a Houston-headquartered provider of distance learning for the aviation industry, has been awarded a new contract with Texel Air NZ, enabling it to now support both branches of Texel Air. Cpat will be supplying the cargo carrier with B737-800BCF Aircraft... more
Investment in DP World’s Constanta terminal
After "Antwerp World Gateway" and "London Gateway", DP World is planning to expand its Constanta terminal (Romania) to turn it into a global trade hub, with a EUR 38 million grant from the Romania’s ministry of transport and the European Union. As well as... more
"Al Maha", Maersk’s new ocean shipping service
"Al Maha", Maersk's new ocean shipping service, will commence its rotation between major ports in UAE, Saudi Arabia, Oman, Qatar, Egypt and Morocco, next month. Seven vessels with a nominal capacity of 8,500 teus per week will be put into operation. As well as... more