The reasons for damage - and its cost 
Marine and transport insurer Allianz Global Corporate & Specialty (AGCS) analysed more than 240,000 claims worldwide between January 2017 and December 2021, totalling a value of around EUR 9.2 billion, and identified a number of loss and risk trends. Fires accounted for... more
Oman's Muscat on the map
A new node in its network: the Danish shipping company A.P. Moller – Maersk (Maersk) has made Khazaen Dry port (KDP), part of Asyad Group, a new port of call. KDP enjoys a strategic location with proximity to the Saudi-Omani border, UAE-Oman border, the Port of Sohar, the Port... more
Airlines boosting Freightos
Freightos, a global freight booking and payment platform, has reported its results for Q3/2022. Revenues saw an uptick of 53%, amounting to USD 4.7 million. Transactions increased to 192,000, up 28% from the second quarter. Growth was particularly strong in airline e-bookings.... more
Jeddex service upgraded
The service will run more often. CMA CGM is readjusting its Jeddex service so that will now offer weekly departures and cover the Indian Ocean market with the inclusion of Longoni on top of Mombasa. Transit time will be 42 days. Six vessels with capacities of up to 1,700 teu... more
‘Tween Elbe and Bosphorus 
Turkish Technic and EFW cooperate on A330 P2F conversions. Elbe Flugzeugwerke recently delivered its second converted Airbus A330 freighter to Turkey’s MNG Airlines (see page 44 of ITJ 41-42 / 2022). From autumn next year onwards, this type of aircraft will to be manufactured in... more
AD Ports on the offensive
Abu Dhabi-based AD Ports Group has acquired a 100% stake in Noatum, a global logistics player headquartered in Spain. The Noatum Group is present in 26 countries and generates yearly revenues and ebitda of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145... more
Up to 42% less emissions by 2030
Science Based Target Initiative has confirmed DHL Group’s climate targets. The group is committed to reducing absolute direct emissions from the use of fuels and indirect emissions from purchased energy - known as Scope 1 and Scope 2 emissions - by 42% by 2030. Absolute... more
India and Middle East ever more popular
Maersk has introduced a new maritime service to meet rising demand for transport links between India and the Gulf Markets. The Shaheen Express calls the ports of Mundra, Pipavav, Jebel Ali, Dammam, and Jebel Ali and back to Mundra, connecting India, United Arab Emirates... more
Overcoming maritime hurdles
New ferry service between Thessaloniki and Izmir. A new service was launched recently by the Levante Ferries shipping line, connecting northern Greece to the Turkish city of Izmir. The line deploys the vessel Smyrna di Levante, which transports cargo as well as passengers on the... more
Perhaps the perfect Christmas gift?
Don't miss it: Tomorrow, 22 November 2022, at 14:30 h local time, the Turkish Airports Authority DHMI will auction a cargo aircraft at its headquarters in Ankara. The minimum bid is TRY 400,000 (equivalent to EUR 20,700 EUR - as of Friday afternoon, 18 November 2022). The... more