In an era of constant disruption, three elements remain key to building an effective global logistics strategy in today’s ever-changing playing field. The customer must remain at the heart of every decision. Moving from one crisis—or at minimum, one major change—to the next, companies need to be aware of the impact any change can have […]
Shaped by dynamic market forces, evolving consumer demands, and geopolitical shifts, the global air cargo industry is in the midst of a transformative period. South East Asia has emerged as a pivotal region for air cargo, driven by its robust manufacturing base and burgeoning e-commerce sector. Highlighting the region’s strategic significance, Joanna Li, Executive Director […]
Offering significant opportunities to transform airfreight into a faster, more efficient, and more sustainable industry, digitalisation has been on the rise in recent years, accelerated by the response to the pandemic. Remote work and travel restrictions exposed the industry’s reliance on outdated paper-based systems, emphasising the urgency of modernisation. While companies are at different stages […]
Norway has expelled a Russian fishing vessel that overstayed its welcome at the Port of Batsfjord. The decision was made in a King-in-Council meeting held on December 6, and lawmakers cited security reasons. The 39-meter-long vessel Azurit has been moored in Batsfjord since May, but the reasons for its prolonged stay are unknown. But some media […]
Ukrainian President Volodymyr Zelensky announced Sunday that his government is working to facilitate shipments of agricultural goods to Syria, which is now governed by Islamist group Hayat Tahrir al-Sham (HTS). Until HTS took Damascus last week, Syria was a top recipient of Russian-supplied grain stolen from occupied Ukrainian territories; with the ouster of Russian-backed […]
A Soviet-era product tanker has gone down in the Russian-controlled Kerch Strait, spilling fuel and leaving one seafarer dead. According to Russian transport agency Rosmorrechflot, the aging river-sea tanker Volgoneft 212 sank in a wintertime storm Sunday about five nautical miles outside of the Kerch Strait. Waves in excess of 25 feet were forecast by […]
[By Fraser Stuart] At the bottom of the oceans and seas lie more than 8,500 shipwrecks from two world wars. These wrecks have been estimated to contain as much as 6 billion gallons of oil, as well as munitions, toxic heavy metals and even chemical weapons. For decades, these wrecks have largely lain out of sight and out […]
The rapid and unexpected revolution in Syria has caught many by surprise, the shock of it re-igniting worldwide interest in the region. How things develop in Syria is going to be important. But the revolution in Syria is just one consequence of Hamas launching its attack on Israel on October 7, hastening Hamas’ own […]
Global air cargo average spot rates rose by a further +4 percent in the first full week of December to a 2024 high of US$3.30 per kilo, driven by a +8 percent surge from Asia Pacific origins, as the sector’s strong but relatively stable fourth-quarter (Q4) peak season approaches its zenith. According to the latest […]
The Business Court of Walloon Brabant approved the acquisition of Air Belgium’s cargo business by Peso Aviation Management and Air One International Holdings (AOIH). “This significant first step to secure the future of Air Belgium’s cargo operations aligns with Peso and AIOH’s growth strategy, and once completed will build a strong foundation for the airline’s […]
With authorities around the world attempting to disrupt transnational trafficking of illegal drugs, Brazilian Federal Police last week intercepted one ton of cocaine on transit to Morocco. The seizure happened at the Port of Itapoa in Santa Catarina, and the drugs were found hidden in a compartment of a Liberian-flagged cargo vessel docked at […]
[By Anemoi Marine Technology] Anemoi Marine Technologies has announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO). After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors, Clare Urmston joined Anemoi in March 2020 as its Chief Financial Officer and, in […]
