Chief of Staff of the Iranian Armed Forces Major General Mohammad Baqeri has used the occasion of Iran’s recent Navy Day to repeat once again the claim that Iran’s regular Navy (Nedaja) and the IRGC Navy (Nesda) have a ‘powerful presence in international waters’, ‘protecting naval routes and providing security for merchant vessels and […]
An environmental and human rights campaign group has asked MSC to change its ship recycling policy. The NGO Shipbreaking Platform, a global coalition of advocacy groups focused on shipbreaking practices, has highlighted MSC’s continued practice of selling old tonnage for eventual demolition on tidal beaches in South Asia. These transactions are typically brokered by […]
The region’s manufacturing dominance continues to power global tonnage increases, contributing 56% of the global +12% year-on-year increase in tonnages in the first 10 months of 2024, according to analysis by WorldACD Market Data Asia Pacific origin markets are continuing to contribute an outsize share of worldwide air cargo growth this year, generating more than half […]
Global airfreight rates rose strongly again last week as the market headed into what is traditionally the highest point of peak season according to the latest data from TAC Index, the leading price reporting agency in airfreight markets. The overall Baltic Air Freight Index (BAI00) calculated by TAC was up +4.6% in the week to 2 December, though […]
dnata Logistics has broken ground on a new, 57,000m² warehouse in Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate. Strategically located near Dubai World Central – Al Maktoum International Airport (DWC), dnata Logistics’ expansion will significantly contribute to the growth and success of the emirate as a key international […]
GEODIS has announced the following appointments: Eric Martin-Neuville is appointed Executive Vice-President, Asia-Pacific & Middle East Henri Le Gouis is appointed Executive Vice-President, Global Freight Forwarding Eric Martin-Neuville and Henri Le Gouis are members of the Group’s Management Board, under the chairmanship of Marie-Christine Lombard, Chief Executive Officer of GEODIS. Eric Martin-Neuville began his career […]
Global air cargo demand showed no signs of slowing down in November as volumes recorded a 13th consecutive month of double-digit growth and load factors hit their highest level since April 2022, according to the latest market analysis by Xeneta. Demand rose +10% year-on-year in November, fuelled by the continued boom in e-commerce. This, coupled with […]
Retaining talent is crucial for businesses to maintain a competitive edge and achieve long-term growth. The average cost of employee turnover, based on the average UK salary, is around £11,000 per person, and for more specialist roles, this can rise to up to £100,000. If the transport and logistics industry keep experiencing high turnover rates, this cost […]
The Animal Transportation Association (ATA) is pleased to announce that its annual conference will be held in Doha, Qatar, from 16-19 February, 2025. This prestigious event will bring together industry leaders, experts, and stakeholders from around the globe to discuss the latest advancements and best practices in the field of animal transport. Qatar Airways Cargo, […]
China is plotting to dominate the shipbuilding industry for decades to come says Greek shipbroking and shipping services firm Intermodal Group. In a new analysis of the shipbuilding industry, Intermodal highlights the reopening of numerous dormant shipyards and the expansion of existing facilities capacity as China moves to solidify its long-term leadership in shipbuilding. Among […]
Wind tunnel testing got underway today in Sweden to further the design of what could become the world’s first wind-powered PCTC (Pure Car and Truck Carrier) vessel. Wallenius Marine highlights the tests calling them a milestone in the development of the vessel. Between December 6 and 9, Wallenius Marine is gathered with experts from RISE, […]
FMC Delays Approval of New Alliance Between ONE, HMM, and Yang Ming The Federal Maritime Commission announced on Friday, December 6, that it is deferring the approval of the new alliance planned by Ocean Network Express (ONE), HMM, and Yang Ming as the successor to their current alliance which also includes Hapag-Lloyd. It is the […]
