Figures and certificates spell growth 
Etihad Cargo gaining momentum and achieving sustainable growth. Etihad Cargo achieved record revenues in 2021 and has continued to build on this momentum, achieving top results in the first half of 2022 too. The carrier is confident that it can finish the year strongly and... more
More support for UN Global Compact initiative 
Canadian National Railway (CN) has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. Launched in 2000, UN Global Compact is the largest corporate... more
Seven LNG carriers in a row
NYK affiliates have inked a long-term time-charter contract with Qatar Energy. Seven liquefied natural gas (LNG) carriers will be deployed for the state-run energy company. The shipbuilding contracts for the LNG carriers with a capacity of 174,000 cbm each go to the South... more
An office in New Zealand
Haifa-based ZIM has launched its own agency in New Zealand, replacing the current third-party agent. The new office will be led by David Mitchell, the current country manager, who will now join the ZIM team. He will report to Danny Hoffman, ZIM EVP Intra-Asia. The new agency... more
Skyteam Cargo Alliance re-elects Teddy Zebitz
The global alliance Skyteam Cargo has re-elected Saudia Cargo CEO Teddy Zebitz as chairperson of its executive board for another (consecutive) two-year term. The executive board comprises the cargo executives of all the alliance's members. The appointment to the board, which... more
Emirates orders five Boeing 777-200LR freighters
Emirates has placed a firm order for five new Boeing 777-200LR freighters, with two aircraft to be delivered in 2024 and the remaining three in 2025. The order, worth more than USD 1.7 billion after list prices, brings the airline's order book to a total of 200 wide-body... more
ADMC orders 53 ‘Rhaegal-A’ VTOL cargo drones
The Arabian Development and Marketing Corporation (ADMC) and the Sabrewing Aircraft Company have stated that ADMC has ordered 53 of the record-breaking heavylift uncrewed aerial cargo vehicles.This event comes on the heels of Sabrewing’s ‘Rhaegal-A Alpha’ aircraft’s world-record... more
An MOU for a Shanghai FTZ
Port and terminal operator DP World has inked a memorandum of understanding (MOU) for an engagement in the Lin-Gang Special Area, a free-trade zone (FTZ) in Shanghai. The MOU was signed in a virtual ceremony with the Shanghai Lin-Gang Economic Development Group. DP World will... more
Large investment by ADP
Abu Dhabi Ports (ADP), which operates ten hubs and terminals in the United Arab Emirates, has agreed to buy a controlling stake in Dubai-based Global Feeder Shipping (GFS), investing approximately USD 800 million to this end. This comes hot on the heels of ADP investing around... more
Volumes at DPW still growing
It’s a rare occurrence nowadays. Dubai’s port and free zone operator DP World kept the pace in 9M/2022 and recorded a 2% gain in container volumes across its network worldwide. Handled volumes amounted to 59.6 million teu. Q3/2022 still contributed 20.1 million teu to this... more