Irisl plans fleet expansion 
According to the Iranian press, the Islamic Republic of Iran Shipping Lines' (Irisl) managing director Mohammadreza Modares-Khiabani has stressed the importance of self-sufficiency in the development of the national fleet. Thus, the liner is going to pursue building new vessels... more
From South Africa to the Middle East
ACC Aviation, the global aviation services group, has successfully transacted a Boeing B737-300 (ZS-TGB) to a Middle East-based investor. ACC Aviation’s asset management division was able to source the off-market 1998-built B737-300 Classic (MSN29327) from Star Air Cargo, an... more
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
ZCT becomes a weekly service
Haifa-based shipping company ZIM is upgrading its ZIM Container Service Turkey (ZCT) to a weekly service, effective mid-May 2022. The transatlantic ZCT thus provides an enhanced connection between Turkey and the US East Coast. The port rotation, starting as of May 2022, will... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Two platforms soon to merge
The holding has given the green light. Icontainers, an online freight platform heaquartered in Barcelona, is to merge with the digital freight forwarding branch, Dubai-based Shipa Freight. The combined company, wholly owned by Agility, will offer standard air and ocean... more
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
Leaving Basel after almost ten years
AFG Aviation Ireland has sold a B747-8JA (serial number 40065) to Boeing. The wholly owned subsidiary of Aircraft Finance Germany ferried the aircraft on 15 April 2022 from Basel, Switzerland to Marana, Arizona, where it will very probably be scrapped. Yet the wide-body aircraft... more
DP World moving up steadily
DP World saw its throughput rising in Q1/2022. The operator handled a total of 19.3 million teu worldwide, with gross container volumes increasing by 1.7% year-on-year on a reported basis and up 1.9% on a like-for-like basis. Notably the terminals in the ports of Qingdao... more
Opening doors to the next generation
A group of students currently studying logistics and supply chain management at Auburn University in Alabama (USA) were given an exclusive, behind-the-scenes air cargo familiarisation tour at Atlanta Airport (Georgia) on 25 March 2022. It was a joint initiative planned by... more