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Ammonia-Fueled Ship Project Advances by Forming Cargo Network

Efforts to launch the first zero-emissions logistic system are advancing with five Scandinavian industrial and consumer products companies joining a network launched Norwegian start-up Viridis Bulk Carriers. Using a fleet of ammonia-powered short sea bulk carriers, the goal is to explore a zero-emission logistics system comprising ships, fuel, and logistics to transport the cargo from […]

SAR Efforts Continue for 18 Missing After Indonesian Ferry Sinks

Search and rescue efforts are continuing into a third day as Indonesian officials look for the victims from a ferry sinking off the coast of Bali in rough seas. Officials from Basarnas Bali report that as many as 18 people may be still unaccounted for from the 76 passengers and crew believed to have been […]

New Ore Carrier Tests Out Air Lubrication System to Cut Drag

Bubble-lubrication startup Silverstream Technologies announced Thursday that it has completed the installation of its efficiency-boosting system on a newbuild very large ore carrier (VLOC), the Sea Victoria. The installation is the first time that any air lubrication technology has been deployed on a VLOC. At nearly 325,000 dwt, Sea Victoria ranks among the largest merchant […]

Survey: Energy Industry Expects to Sell Hydrogen at Scale by 2030

DNV has issued a new research report on the future of the hydrogen economy, drawing on a survey of more than 1,000 energy professionals and interviews with top-level industry executives. The results suggest that the energy industry has confidence in hydrogen as a force in the market – a force worthy of investment.  About 84 […]

Secondhand Containership Market Heats up in 2021 Driven by Demand

Skyrocketing container shipping freight rates and the prospects for sustained demand are driving the container shipping segment to new heights. Yet while much of the attention has been focused on the record new orders and the efforts to expand the long-term capacity, the charter and secondhand markets are also being driven to new heights, according […]

Aero Africa opens control tower in Casablanca

Aero Africa, the Hong Kong-based neutral air cargo solutions group, has opened a new regional office in Casablanca, Morocco. The new office will look after the group’s interest in the region, operating as a control tower and centralised service centre in North Africa for its overseas partners and clients. The new team will focus in […]

Etihad Airways and El Al launch strategic co-operation

Etihad Airways, the national airline of the United Arab Emirates, and EL AL Israel Airlines, the national carrier of Israel, today launched their joint codeshare network. This builds on the Memorandum of Understanding (MOU) the airlines signed in 2020 following the Abraham Accords signed by the UAE and Israel. For flights from July 18 2021, […]

PayCargo launches payment platform for FIATA members

PayCargo, has developed a tailored solution, called Freight-Pay, which will allow International Federation of Freight Forwarders Associations (FIATA) members to instantly make and receive payments between themselves, while benefitting from reduced transaction costs and heightened security features. FIATA members can register on the platform free of charge to make and receive payments globally. “We have […]

SAL appoints Alhussayen as acting CEO

SAL Saudi Logistics Services (SAL), a market leading air cargo handler, has appointed  Eng. Hesham bin Abdulla Alhussayen as acting chief executive officer (CEO) replacing Omar Hariri, who will move on to Saudi Ports Authority (Mawani) in the role of CEO effective July 1. Fawaz bin Mohammed Al Fawaz, chairman of SAL, said: “Eng. Hesham […]

Menzies Aviation announces contract win with new carrier Flyr

Menzies Aviation, the global aviation logistics specialist, has won the ground-handling contract to serve new airline Flyr at its home base of Oslo Airport. Menzies will also serve the airline at Nice Côte d’Azur Airport. Flyr is headquartered in Norway and commences passenger flight operations on 30 June 2021. The airline will offer domestic flights […]

CEVA Logistics enters Leaders Quadrant in Gartner 2021 Magic Quadrant

CEVA Logistics, a world leader in third-party logistics, announced today that it has been positioned by Gartner in the Leaders quadrant of the 2021 Magic Quadrant Third-Party logistics, Worldwide report. This marks the first time for the company to be recognised as a “Leader” after eight years in the Challenger quadrant. Gartner Magic Quadrant evaluates […]

GEODIS opens a new warehouse in Morocco

GEODIS continues to develop its logistics activities in Morocco and today inaugurated a new warehouse located north of Casablanca.  This will serve one of the leaders in household appliances and telephony. With a well-established presence in Casablanca, GEODIS has chosen the city of Mohammedia to further expand its activities. The new 11,000 sqm ultra-secure warehouse […]

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