Qatar Airways Cargo: a thoroughbred to fly horses 
For the Amir Sword Festival in Doha (17-19 February), the Saudi Cup in Riyadh (25-26 February), the Commercial Bank Chi Al Shaqab competition presented by Longines in Doha (24-26 February) and the Longines Global Champions Tour (LGCT) in Doha (3-5 March), Qatar Airways Cargo... more
Call for urgent action to cap fuel prices
Global oil prices, reaching their highest level since 2008 this week, are set to climb even higher amid continuing instability and sanctions related to the Ukraine crisis, the International Road Transport Union (IRU) anticipates. The organisation now calls for urgent... more
Diesel pricing in frenzy
According to data published by maritime intelligence provider Vessels Value, the price for diesel continues to rise. Since the outbreak of the war in Europe on 26 February 2022, the MR Atlantic Basket (an average of freight rates on key routes in the Atlantic Basin) climbed... more
Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
ZIM sees volumes rise
ZIM has reported its consolidated results for the full year 2021: the Haifa-based carrier handled 3.48 million teu over the year, an increase of 23% compared to the same period last year, thus recording a stronger performance in this field than a number of other players in the... more
Etihad Cargo sets new revenue record
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, achieved record revenue growth 49% in 2021 with a 27% year-on-year increase in freight carried, contributing towards 55% of the group’s revenue. “The Etihad Cargo team has worked more closely than ever with... more
Maersk appoints Aruna Hussain
Maersk has named Aruna Hussain as managing director of Sealand – A Maersk Company, Europe & Med. She started her career at Maersk in 2000, where she worked in liner and trade roles in Pakistan and UK before moving to Damco in Pakistan. After several years with Maersk,... more
A new low in reliability on the seas
Copenhagen-based Sea-Intelligence has analysed the schedule reliability figures up to and including January 2022. As expected, schedule reliability lost again to reach 30.9% "the lowest ever global schedule reliability since Sea-Intelligence started the measure in... more
Qatar improves relations with Iran
According to a report published by the consulting agency Dezan Shira & Associates, Iran and Qatar plan to establish regular shipping links between the ports of the two countries. The countries also agreed to expand cooperation between Qatar Air and Iranian airlines.... more
ITJ exclusive: Qatar Airways flies for Cainiao
Following the recent expansion of its business with Atlas Air, Cainiao, the logistics arm of Chinese e-commerce giant Alibaba, will fly goods from Hong Kong to São Paulo-GRU via Doha on B777 freighters operated by Qatar Airways Cargo. The service will begin tomorrow, 5 March... more