ZIM prepares for landing
Haifa-based ZIM Integrated Shipping has reported its results for Q3/2022 and 9M/2022. In the third quarter of this year, revenues reached USD 3.23 billion, a year-over-year increase of 3%, while adjusted ebitda declined by 7% compared to Q3/2021 to USD 1.93 billion and net... more
On a direct link to Port Sudan
Safeen Feeders, an affiliate of AD Ports Group, has launched its UAE-Red Sea service. It will provide direct connectivity between Abu Dhabi’s Khalifa Port and Port Sudan, Sudan's main seaport and the source of 90% of the country's international trade. The vessels will sail... more
ACN becomes major investor in MAE Aircraft
The Asia Cargo Network (ACN) group, an air cargo charter services provider based in Southeast Asia, and Bahrain’s Mena Aerospace have signed a significant partnership and strategic alliance between the two aviation companies, extending ACN’s reach into the Middle East, South... more
A promising 9M/2022 for Agility
Agility, which remains an investor and operator in supply chain services even after the sale of GIL, has reported its results in Q3/2022 und 9M/2022. The group's earnings from January to September 2022 were KD 41.4 million (USD 135 million), an increase of 63.7%. Revenues... more
For shipping in Sharm El Sheikh
A new action plan, launched at COP 27 by United Nations organisations, shipowners and trade unions, makes recommendations for improving the skills of seafarers to achieve the decarbonisation goals of the maritime transport industry. The plan responds to the findings of new... more
Abu Dhabi Airports joins Pharma.Aero
Abu Dhabi Airports is joining Pharma.Aero, the global membership network for life science and medtech manufacturers, certified cargo communities and airport operators. The collaboration with Pharma.Aero builds on Abu Dhabi’s growth as a global healthcare and life sciences hub.... more
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