Ship financing steady - so far 
The Petrofin index for global ship financing has registered its first rise in eleven years according to its report which was published in mid-September. This index was established in 2008 with a reference value of 100 points. After falling to its historical low in 2020 with... more
Cargo Start picks Giovanna Cardinali
Cargo Start, a digital service provider for the air cargo and logistics industry based in Italy, has appointed Giovanna Cardinali to the newly created position of director strategy & business development. Cardinali will lead the development and implementation of Cargo... more
UAE rail network linked to Abu Dhabi freight hub
Etihad Rail in UAE has completed the rail link between the railfreight terminal at the Industrial City of Abu Dhabi (Icad) and the UAE National Rail Network. The company has finished laying tracks and conducting successful tests on the new line, which extends from the... more
Milestone for Saudi port project
Hutchison Ports has inaugurated its Jazan facility in Saudi Arabia. The commission was granted in February 2021. In its first phase, the port will consist of three industrial berths, a single point mooring (SPM) facility for the Saudi Aramco refinery, and three commercial berths... more
Etihad Cargo joins Tiaca's "Bluesky" programme
Etihad Cargo, the logistics arm of Abu Dhabi-based Etihad Aviation Group, has advanced its sustainability journey by becoming the first Middle Eastern carrier to participate in Tiaca's "Bluesky" programme. Following the launch announcement of the air cargo... more
Champ accepts Challenge
Strengthening a longstanding partnership, the Challenge Group, an international air cargo conglomeration offering tailored air freight industry solutions from handling, air, and ground logistics to aviation services, has signed an agreement for "Traxon Cargohub".... more
When a tiger swallows eight cheetahs
A B747, whose nose had been decorated with a gigantic face of a tiger during its time with the Russian Transaero Airlines, which went bankrupt in 2015, transported five female and three male cheetahs from Namibia to India at the end of last week. The animals, which were... more
Plans for intercontinental capacity clarified
PSI Air 2007, a Philippine airlines that began flying in 2020, has acquired its first widebody jet, a B777F, to be used in launching in-house intercontinental cargo flights. In its application to the US department of transportation for exemption authority and a foreign air... more
A big takeover for Abu Dhabi Ports
In mid-September 2022, the Abu Dhabi Ports Group completed the acquisition of a 70% equity stake in the Egyptian companies Transmar International Shipping Company (“Transmar”) and Transcargo International (“TCI”). The total value of the transaction amounts to AED 514 million... more
Inspiring young logistics professionals
Karina Perez Perez, the finalist from Fiata’s Americas region, representing the Canadian International Freight Forwarders Association (Ciffa), is 2022’s top ‘Young Logistics Professional’.The International Federation of Freight Forwarders Associations (Fiata) and TT Club, an... more