Only one out of 1,131,222 containers
Ever fewer boxes lost at sea. A subjective impression may be wrong. Even though it felt as if the maritime shipping industry was dominated by unpredictable climatic conditions, piracy and terrorism, container shipping was never as safe as it was last year. According to the World... more
Strong air cargo demand continues in May
The International Air Transport Association (Iata) released data for May 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometres (CTKs), rose by 14.7% compared to May 2023 levels (15.5% for international... more
Qatar Airways Cargo consolidates its position
In its annual report for FY 2023/24, Qatar Airways posts the strongest financial performance in its 27-year history, with a total revenue of USD 22.2 billion and annual profits 39% higher than the previous year. Celebrating its milestone 20th year of operation in 2024, Qatar... more
Around the world in 80 years
The logistics services provider LAM, founded in 1944, took the next big step in April by establishing national subsidiaries in three East Asian markets. Johan Vermeiren and Damiano Turriziani, the directors in charge of the new businesses in China, Hong Kong and Thailand, told... more
Challenge Group signs MOU
Challenge Group has inked a memorandum of understanding (MOU) with China Henan Aviation, the holding company that owns Zhengzhou Xinzheng international airport (CGO), during a signing ceremony held at the Air Cargo China trade show. The document was signed on 25 June by... more
Boosting connectivity with new Shenzhen route
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has expanded its partnership with China's SF Airlines to increase the frequency of flights between its hubs in Abu Dhabi and Ezhou. Starting 15 July 2024, Etihad Cargo will operate two freighters between these two... more
General cargo takes the lead in 2024
The growth of ‘general cargo’ airfreight tonnages is outpacing that of ‘special cargo’ products so far in 2024, new analysis from World ACD Market Data has revealed. This reverses a trend in recent years, in which demand from air cargo shipments requiring special handling and... more
Expanding the cargo network
NAV Aero is enhancing its airline network with the addition of three airlines: TAP Air Cargo, the cargo division of TAP Air Portugal, offers customised services for the daily collection, transport, and delivery of all types of cargo. With 75 years of experience, Bahrain’s... more
Statement on recent attacks in the Red Sea area
Members of the global shipping community are "appalled and deeply saddened" with the news that yet another seafarer seems to have been killed in a drone boat strike on 12 June while on board the "MV Tutor". This is the second fatal attack in which seafarers... more
Mycrane bolsters India team
Mycrane, a global platform for online crane rental, has appointed Mumbai-based Ashishkumar Tiwari (right) to the role of sales director, India. Tiwari has two decades of professional experience in India, working closely with the construction industry, as well as engineering,... more