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
More Messina Line in Koper
The Italian shipping group Ignazio Messina has a new weekly ro-ro service that will link the Port of Koper, Slovenia, with East and South Africa, the Persian Gulf and India. The link will be operated by the group’s shipping arm Messina Line and its agent Neptune International... more
Fedex Express signs agreement with Dubai South
In the presence of HH Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority, chairman and chief executive of Emirates Airlines and Group and chairman of Dubai Airports, Fedex Express, a subsidiary of Fedex Corp. and the world’s largest express... more
Qatar Airways joins Iata CO2nnect
In partnership with the International Air Transport Association (Iata), Qatar Airways Cargo, the freight division of the Qatar Airways Group, will become the first cargo carrier to join the Iata CO2nnect platform, and offer its clients customised environmental solutions. The... more
Paycargo chooses Amit Gairola
Paycargo has named Amit Gairola as chief design officer. Prior to this appointment, Gairola worked at Amazon for ten years in a variety of general management, product and commercial roles, including most recently as general manager of Amazon Freight in Europe. During his... more