Unctad: e-commerce driving maritime
The UN Conference on Trade and Development (Unctad) has published its flagship "Review of Maritime Transport 2022". For 2022, Unctad projects global maritime trade growth to moderate to 1.4%. Asia remained the world’s leading maritime cargo handling centre in 2021,... more
Etihad Cargo renews Ceiv Pharma certification
Etihad Cargo has been awarded Centre of Excellence for Independent Validators (Ceiv) Pharma recertification. The cargo and logistics arm of Etihad Aviation Group is one of 37 airlines to hold this Iata certification and was the third worldwide and the first in the Middle East to... more
For a new fulfilment hub in UAE
A new fulfilment centre in Abu Dhabi is in the making. The Khalifa Economic Zones Abu Dhabi –Kezad Group, Abu Dhabi’s integrated trade, logistics, and industrial hub and an affiliate of AD Ports Group, is working with Noon.com, a Middle East-based online shopping platform to... more
Bimco explains carbon intensity index (CII)
The Baltic and International Maritime Council (Bimco) has published a new clause for time charter parties to make it easier for parties to comply with the requirements of the new International Maritime Organisation (IMO) standard regarding to the carbon intensity index (CII) of... more
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