Containers galore
In a recent survey, London-based maritime consultancy Drewry analysed the amount of available containers worldwide. Drewry's senior analyst for container equipment, John Fossey, was quoted that he expected high numbers of leased boxes to be returned to leasing companies in the... more
Deepening cooperation
Air Canada Carto and Emirates Skycargo have now taken the next step in their strategic commercial partnership which they inked last year. The partners now signed a new memorandum of understanding (MoU) at Emirates headquarters in Dubai. Under its terms, Air Canada Cargo and... more
Sea-to-air service launched in East Africa
Shipping without a reliable & knowledgeable partner can be overwhelming for many companies because multimodal transport is a complex, delicate operation. Therefore, they require a supply chain partner that can customise solutions to allow smooth shipping from sea-to-air, and... more
DP World wins bid in India
DP World has won a major concession at Deendayal port in Gujarat, on the western coast of India. The key purpose of the project is the construction, development, and operation of a container terminal at Tuna-Tekra within the framework of a public private partnership (PPP).... more
AAL fosters presence in the Middle East
AAL Shipping (AAL) established its first representative office in the Middle East in Dubai in early 2015. The carrier is now operating at least one scheduled multipurpose heavy lift cargo sailing through the region every month (via its Europe, Middle East / India, Asia liner... more
14th Emerging Markets Index: stability and upheaval
The Agility Emerging Markets Logistics Index for 2023 has just been published. Now in its 14th edition, the Index ranks countries for their logistics competitiveness based on their logistics strengths, business climates and digital readiness. In this year's rankings, China... more
CMA CGM upgrades East Med service
CMA CGM is enhancing its NC Levant service. The rotation now includes Alexandria's Trans Misr Terminal (TMT), the carrier's new investment in Egypt. The first vessel reaching the new port of call will be “MV Ef Olivia”, calling Alexandria TMT on 5 March 2023. El Dekheila,... more
GCL loves cars
Global Critical Logistics (GCL), which specialises in events & sports logistics, recently acquired the UK-based Classic Automotive Relocation Services (Cars), a company that was founded in 1989 to organise shipments of historic, rare, and prestigious vehicles. Cars’... more
Twilight of the alliances
The end of 2M is looming, ringing in a new era. Maersk hasn’t revealed more than the fact that the decision was “thoroughly evaluated and was mutually agreed.” The end of 2M, due in 2025, is potentially highly explosive for the market. more
Iata: yields and revenue should stay stable
The International Air Transport Association (Iata) has released data for global air freight markets showing that demand in 2022 took a significant step back from 2021 levels but was close to its performance in 2019. Willie Walsh, Iata's director general, mentioned... more