Unctad optimistic for 2021 
In its shipping report "Review of Maritime Transport for 2021", Unctad made it clear that despite the anti-pandemic measures, volumes in fell less dramatically in the course of 2020 than formerly expected: "The shock in the first half of 2020 caused maritime trade... more
High times for ZIM also
ZIM has reported its latest consolidated results: The Haifa-based carrier handled 884,000 teu in Q3/2021, an increase of 16% compared to the same period last year. Revenues were at USD 3.14 billion, an uptick of 210% compared to the USD 1.01 billion in Q3/2020. Adjusted... more
Emirates Skycargo sent by Post
The Dubai Airshow formed the background for Emirates Skycargo, the freight division of Emirates airline, and Emirates Post Group (EPG), to ink an agreement. Nabil Sultan, Emirates divisional senior vice president, cargo, and by Abdulla M. Alashram, Group CEO, Emirates Post... more
Air BP: aviation fuel venture in Iraq
International aviation fuel products and service supplier Air BP has begun an aircraft-fuelling joint venture at Baghdad international airport (BGW). The undertaking, the United Iraqi Company for Airports and Ground Handling Services (to operate under the name Masil), has... more
High rates well into 2024?
Starting out from the China Containerized Freight Index, the Copenhagen-based shipping consultancy Sea-Intelligence has defined five periods each of sustained rate decreases and of sustained rate increases, specially the average percentage point drop per week over the full... more
Laurels for Rafed
Rafed, an UAE-based group purchasing organisation (GPO) for the supply chain management, storage and distribution of medical equipment pharmaceuticals, has received certification status from the Chartered Institute of Procurement and Supply (Cips) for ethical procurement and... more
Two for cyber security at sea
Bureau Veritas (BV) and insurance consultancy Bessé are teaming up to improve protection against cyber-attacks in the maritime sector. This partnership will be key to help shipowners comply with IMO and IACS requirements. BV has developed a set of rules (NR 659) which make... more
First participation pays off
Few days before exhibiting at this week's Dubai Airshow (DAS), a step which the company itself calls "a historic first", Israel Aerospace Industries' (IAI) Aviation Group signed an agreement with London-based lessor World Star Aviation to convert ten B737-800 passenger... more
Agility scores - with and without GIL
Kuwait-headquartered Agility Group has released its results for Q3/2021. Revenues grew by 27.7% to KD 124.5 million (USD 410 million) while ebit increased by 6.6% to KWD 19.6 million (USD 66 million). For the first nine months of 2021, revenues surged by 17.9% to KWD 344.7... more
Airbus unveils identity of A350 launch lessor
Air Lease Corporation (ALC) has signed a letter of intent (LoI) covering all Airbus families. Founded in 2010, Los Angeles-based ALC is one of Airbus’ largest customers, having ordered a total of 496 Airbus aircraft to date. The new order, which will be finalised in the... more