Shipping is likely to play a critical role in enabling the emerging carbon capture, utilization, and sequestration (CCUS) initiatives with the strongest opportunities in Asia. A new report by the Global Center for Maritime Decarbonization and Boston Consulting Group points to a strong opportunity in developing this new segment of shipping while also calling […]
Japan’s Onomichi Dockyard Company has informed the board of Colombo Dockyard of its plans to divest its 51 percent ownership stake in Sri Lanka’s international shipbuilding and repair company. The move comes as the company is marking its fiftieth anniversary while facing deepening financial challenges and competition in the international market. Sri Lanka highlights the […]
Amerijet International Airlines celebrated its 50th anniversary in December 2024. Founded in 1974 by David Bassett, the company began with humble beginnings, operating as a Part 135 air-taxi operator with a single leased aeroplane evolving into a market leader in the Caribbean & Central America, operating twelve 767 freighters. READ: Wiremind Cargo and TAP Air […]
Air Canada Cargo has recently leased two Boeing 767-300 freighters to Ethiopian Airlines. According to a report published in Cargo Facts, these are production-built Boeing freighters with MSN numbers 67023 and 67024. READ: Star Alliance Chief Executive Board elects Michael Rousseau as new Chairperson The aircraft will be operated by Ethiopian Cargo in the future. […]
ECS Group’s subsidiary, Globe Air Cargo India, has been appointed as the GSSA for Thai Airways in Bangalore and Cochin. This partnership, effective since September 1, 2024, aims to strengthen Thai Airways’ operational capacity and connectivity in India, facilitating access to key markets in the Far East, Europe, and Australia. Under the new contract, Globe […]
LTS Global Solutions, a leading UK-based global supply chain and freight forwarding specialist, has opened a new regional headquarters in Delhi, India. READ: Joost van Doesburg to leave Royal Schiphol Group The company’s new office will act as a central hub for its operations within the subcontinent, where it will provide logistics and freight forwarding services […]
Wiremind Cargo and TAP Air Cargo have further advanced their partnership by integrating SKYPALLET with the airline’s Cargospot cargo management system from CHAMP. READ: Joost van Doesburg to leave Royal Schiphol Group TAP Air Cargo, which has been a SKYPALLET customer since October 2022, recently took a step forward in embedding SKYPALLET in its capacity optimization […]
On Sunday afternoon, a boat caught fire just off the downtown Seattle waterfront, sparking a full-scale response from the Coast Guard and local fire and rescue agencies. At about noon, the Coast Guard received a report of a boat on fire near Duwamish Head Light, just off the northern tip of West Seattle. The […]
Months after threatening to suspend container operations due to mounting financial losses, the Port of Portland (Oregon) has reached a framework agreement for the future management of the state’s only international container terminal. The port is currently being operated by the state with government financial support to cover the continuing losses while they hope […]
Iran’s Axis of Resistance – its network of allies across the Middle East, which it has nurtured and invested in heavily for decades – is under pressure and in retreat almost everywhere. Hamas in Gaza has lost its leadership and much of its fighting force. In ceasefire negotiations, it hopes to salvage some of its influence by […]
The Ukrainian Danube Shipping Company (UDP), a state-run shipping company, is starting an auction to sell its six antiquated ocean-going vessels that used to operate on the Black Sea, Sea of Azov, and the Mediterranean. The company called it a “painful but the only right decision,” as its focus is on shipping from the […]
On Friday, a good Samaritan ship rescued a yachtsman whose vessel caught fire in the Atlantic off Puerto Rico. That morning, Sector San Juan received an alert from an unregistered EPIRB at a position about 400 nautical miles to the north. The station’s watchstanders issued an alert to nearby shipping and sent an AMVER request […]
