Etihad Cargo to work with B Medical Systems
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has entered into a memorandum of understanding (MOU) with B Medical Systems, a manufacturer and global distributor of medical refrigeration devices based in Luxembourg. Under the MOU, which was announced... more
IAI partners with HAL
Israel Aerospace Industries (IAI) has signed a memorandum of understanding (MOU) with Hindustan Aeronautics Limited (HAL), one of India’s major defence companies, to convert multi mission tanker transport (MMTT) in India. The local MMTT conversions will utilise India’s local... more
American Airlines Cargo picks Emma Oliver
American Airlines Cargo has appointed Emma Oliver as director, cargo sales Europe, Africa & Middle East (EMEA) and Asia Pacific (APAC). She returns to the cargo sector following two years of supporting the passenger business, most recently leading the strategy & projects... more
Abu Dhabi life science mission to visit USA
An Abu Dhabi delegation will be visiting USA this month to explore prospects of a collaboration within the healthcare sector in general and life sciences in particular. The delegation will witness the participation of seven key entities representing Abu Dhabi’s healthcare... more
Don't call them "CAL Cargo" any more
Challenge Group's rebranding and harmonisation strategy brings a new name to its legacy carrier, CAL Cargo, a new fleet (two B767 currently in the process of being converted), and soon a new headquarter in Tel Aviv. Founded over four decades ago to transport Israeli... more
Saudi ports also still climbing
The ports of the Kingdom of Saudi Arabia passed a threshold in May 2022. The Saudi Ports Authority (Mawani) reported that its total container throughput amounted to 600,107 teu, which is a 1.4% increase compared to numbers recorded in May 2021. In- and outbound was even.... more
Alternatives also reach a high price
The prices for all kinds of fuel are going through the roof. According to data from the specialised platform shipandbunker.com, the average price of fuel with very low sulphur content (very low sulphur fuel oil/VLSFO), reached USD 1,019.5/t on 8 June 2022. This figure is... more
More cargo for Qatar
The ports Hamad, Doha and Al Ruwais in Qatar saw rising streams of cargo in May. General cargo handled by the three ports amounted to almost 160,000 t in May, going up by 38% compared to the same month in 2021. Container volumes moved through the three ports reached about... more
Reefer player changes hands
Two financial investors have taken over Envirotainer. The Swedish EQT and the fund Mubadala Investment from the United Arab Emirates have inked the deal with the previous owners, the British investment company Cinven and the Danish pharmaceutical group Novo Holdings. The... more
Aramex invests USD 265 million
CEP provider Aramex has entered into a binding agreement to acquire Access USA Shipping, better known as "MyUS", a USA-headquartered digital platform enabling cross-border e-commerce. The purchase price is USD 265 million. The takeover is still subject to customary... more