Charterers continue to exclude inefficient vessels 
As the efforts of greening the shipping industry continue to increase, charterers representing 20% of global shipped tonnage now have policies in place to avoid using the most inefficient ships based on the GHG emissions rating. The Mosaic Company, one of the world’s largest... more
RWI/ISL: moderate growth of world trade continues
The RWI/ISL container throughput index increased slightly to 120.1 points in April from a revised 119.9 points in March. This points towards an ongoing moderate expansion of world trade. The March value was adjusted upwards by a substantial 0.8 points, as special factors... more
Sad news from South Africa
Grindrod, a South African freight logistics and shipping service provider, regrets to announce the death of Murray Grindrod senior at the age of 79 on 16 May 2015. Murray Grindrod was the grandson of John Edward Grindrod, the founder of the Grindrod Group. Murray Grindrod... more
Algerian company investing in new trucks
Renault Trucks has presented the keys of 195 Renault Trucks C Road vehicles to Numilog, a major player in Algeria’s road haulage and logistics sector. The handover takes the number of Renaults in Numilog’s fleet up to 377. The new units are mainly C 4x2 – 440 hp models equipped... more
Dakar – Turkish Cargo’s tenth African destination
Turkish Cargo is strengthening its presence in Africa with the launch of freighter services to Dakar (Senegal). The new weekly A330F service - the carrier's tenth dedicated freighter offer to the African continent - began on 18 May 2015. Meanwhile, Turkish Cargo will continue to... more
Braemar Adjusting names new regional MD
Braemar Adjusting has selected Ian McInroy to be regional managing director of Europe and West Africa, with effect from 1 July 2015. The appointment follows the decision by Geoff Thomas to step down from his current position as the London MD after five years. Thomas will remain... more
WCI surges - hopes sink
The Shanghai-to-Rotterdam rate assessment of the world container index (WCI) surged by 153% to USD 1,698 per feu last week on the back of the latest GRI. More rate requests are planned for June, but in the interim the British analyst Drewry said it expects the benchmark to... more
Kenya Airways mothballing B777 fleet
Kenya Airways is about to phase out its B777s as its six new Boieng B787s (see ITJ Daily, 9 April 2014) will complete the takeover of all the carrier's long haul international routes. According to aviation information systems, the airline is planning to retire the last of its... more
Rise in boxship orders kills recovery
The UK-based analyst Drewry said in its inaugural report "Drewry maritime equity insight" that just when it looked like the container shipping industry was on the road to recovery, a sudden spurt in vessel ordering seems to be derailing the progress. The analyst... more
Order of merit for CHC founder
Dr Sven Sievers, a founder member and former second chairman of Cargo Human Care (CHC), a humanitarian and medical aid project which was set up by employees of Lufthansa Cargo in cooperation with doctors from all over Germany, has been presented with the Order of Merit of the... more