Global container throughput high but volatile 
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) increased from 123.7 points (seasonally adjusted) to 124.8 points in September, according to the current flash estimate. The value... more
Oasis' next location is London Gateway
Oasis Group has become the latest business to locate in DP World's logistics park at London Gateway. The Italian Oasis, a provider of management services to clients across the UK and Europe, leased its 33,000 sqm warehouse to provide information management services to... more
A global halt to further delays in shipping
Copenhagen-based maritime intelligence provider Sea-Intelligence has reported on global liner reliability, covering more than 60 carriers on 34 different trade lanes. According to the analysis, schedule reliability moved sidewards in September 2021, by 0.6 percentage points... more
Pirates: 97 incidents
The first nine months of 2021 saw the lowest number of pirate attacks since 1994, according to data from the recently released quarterly piracy report of the International Maritime Bureau (IMB) of the International Chamber of Commerce (ICC). According to this report, between... more
Joramco partners UUDS
Joramco, the Amman (Jordan)-based maintenance, repair, and overhaul (MRO) provider and engineering arm of Dubai Aerospace Enterprise (DAE), has signed a cooperation agreement with UUDS to expand capabilities for cabin refurbishments and B737-800 passenger to cargo conversions.... more
NAS takes majority stake in Kenyan competitor
Under a strategic partnership agreement, Kuwait-based aviation services provider National Aviation Services (NAS) is going to acquire a 51% stake in Siginon Aviation. The subsidiary of Kenyan Siginon Group provides complete airport ground handling and cargo management services.... more
DSV concentrates on Agility integration
The hungry Danish logistics lion has reported its interim figures for Q3/2021. Revenues in Q3/2021 amounted to DKK 49.6 billion (EUR 6.6 billion), a leap forward of 43.3% in comparison to the same period last year (DKK 28.1 billion/ EUR 3.8 billion). Operating profit (ebit)... more
Third strong quarter in a row for DP World
DP World handled around 19.8 million teu in Q3/2021, a rise of approximately 8.1% year-on-year. In the first three quarters of 2021, the Emirati logistician and terminal operator handled around 58.4 million teu in all of its container terminals worldwide. The number of boxes... more
Boeing's Middle East outlook 2021
In its commercial market outlook (CMO) for 2021, Boeing forecasts that airlines in the Middle East will require 3,000 new airplanes valued at USD 700 billion and aftermarket services such as maintenance and repair worth USD 740 billion, with the region positioned to capitalise... more
Aramex welcomes European stakeholder 
It is a connection linking Franc with the Middle East. Geo Post, which is owned by Le Groupe La Poste, has invested in a 20.15% stake in CEP and logistics services provider Aramex. The shares of the Dubai-headquartered company were sold for AED 1.4 billion (USD 380 million).... more