Normalisation on the seas within sight? 
The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the emerging endemic Covid period and, since there is no historical precedent fully describing this situation, compared it to the period of the US West Coast labour dispute of early 2015, which led to major... more
ZIM charters more units
Haifa-based ZIM Integrated Shipping Services has entered into a new charter agreement with Navios Maritime Partners for a total of thirteen container vessels. Out of these, five are second-hand vessels and eight will be newbuilds. The total charter hire will be approximately USD... more
Aemli 2022 – China and India retain top spots
China and India held their No. 1 and 2 ranking in the ‘2022 Agility Emerging Markets Logistics Index’ (Aemli), the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The UAE, Malaysia, Indonesia, Saudi Arabia, Qatar,... more
Aerovista to enter cargo business with Petrus
Aerovista, a global aviation asset manager and lessor based in Dubai (UAE), has entered into a partnership with Petrus Aviation, a US provider of aviation financing from Dallas TX, for the former’s A321 freighter conversion project. Aerovista chairman and managing director... more
Freight rates: price hike expected to continue
The European road freight rate benchmark for Q4/2021 shows that prices ended 2021 at historic highs in Europe. The index stood at 108.3, 1.1 points higher than in Q3/2021 and 3.2 points higher than in Q4/2020. Q4/2021 is the 6th consecutive quarter of rate increases in Europe.... more
ZIM reshuffles Latin American services
ZIM is rerouting three services in Latin America. In detail, the liner is introducing a new Venezuela feeder (VEX) and upgrading two existing lines, the Central America Express (LAF) and West Coast Central America (WCA) services. The new rotations for VEX are Manzanilo... more
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... more
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... more
Big order for Boeing's new freighter programme
Qatar Airways will be the 777-8 freighter launch customer with a firm order for 34 jets and options for 16 more, the largest freighter commitment in Boeing history by value (+USD 20 billion at current list prices). Boeing will build the type in its Everett, WA factory, where... more