B747-8F engines to be serviced for six more years 
Nippon Cargo Airlines (NCA), which operates eight Boeing B747-8Fs, has extended an engine services agreement with GE Aerospace by six years. The ‘rate per flight hour’ deal covers the four GEnx-2B engines on each of NCA’s cargo Jumbos. Toshiaki Kobori, NCA’s managing director... more
Is the trade tide turning?
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... more
Deepwater port operational in Timor-Leste
Tibar Bay Deepwater Port, a new port that will improve logistics services in Timor-Leste and develop into a regional transhipment hub, was officially inaugurated recently. The first public-private partnership in the country is in line with current developments in the maritime... more
Inland service for imports into Oman and Yemen
Maersk and the Omani port of Salalah are launching a new truck service to the Al-Mazyouna free zone in Oman. Designed to facilitate inland services, the new offer includes secure customs clearances and bonded trucking between Salalah and the Al-Mazyouna free zone under carrier... more
Northwestern Russian terminal doubles capacities
The company TransContainer (part of Delo Group) has completed the renovation of its terminal at the Kirov Kotlassky station. Renovation continued from 2020 through 2022. The terminal kept operating and marshalling container trains on a regular basis throughout that period. As... more
JAL implementing drones to support island life
JAL has concluded a drone project agreement with the town of Setouchi-cho, on the island of Amami in the Kagoshima prefecture at the southernmost tip of Japan. The undertaking studies the transportation of relief goods to isolated communities in times of natural disasters and... more
ZTO tackles tough environment
The Chinese CEP services provider ZTO Express, founded in 2022 and listed on the Shanghai stock exchange, has reported its unaudited financial results for Q3/2022. Parcel volumes grew by 11.7% compared to the same period in 2021, with 6.4 billion parcels handled. The company... more
Ammonia-powered vessel on the horizon
K Line has revealed that it has teamed up with the Itochu Corporation, the Nihon Shipyard Co, the Mitsui E&S Machinery Co and NS United Kaiun Kaisha and together they have obtained approval in principle from the Nippon Kaiji Kyokai classification society to design an... more
Maersk's new centre in Pakistan
Maersk recently opened the gates of its new Integrated Logistics Park at Port Qasim in Pakistan. The facility makes the Danish group the country’s largest logistics and warehousing provider, with more than 120,774 sqm in seven cities. In 2020, Maersk Pakistan decided to... more
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... more