Tanger Med lifts volumes 
The Moroccan port Tanger Med recorded a container volume of 1.55 million teu in H1/2015, an increase of 4% compared to the same period in 2014. In terms of automotive volumes, the Renault terminal handled 127,000 units in H1/2015. The figure includes 107,000 vehicles that... plus
ACI reports sluggish May worldwide
The month of May saw weak growth in airfreight coupled with significant declines in major international airfreight hubs, according to the Airports Council International (ACI). The results raised concern about the second half of the year. Total airfreight growth dipped to a... plus
Open skies bring massive benefits to Africa
The International Air Transport Association (Iata) says more jobs could be generated and additional economic growth achieved in Namibia if intra-African markets were opened up to permit greater airline transport connectivity. This was the major finding of a "Value of... plus
Box costs hit all-time low
Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of Drewry's Container Census report. Drewry calculated that the container equipment index price hit a ten... plus
Ethiopian today to Manila, tomorrow to Goma
After starting flights to Cape Town, its second destination in South Africa after Johannesburg, and Gaborone (Botswana) on 30 June 2015 (photo), Ethiopian Airlines is launching a new thrice-weekly B767-300 service to Manila (Philippines) from today (9 July 2015). And from... plus
Upsizing in Italy
Three additional pure car truck carriers, which will be built at China's Jinling shipyard, have been ordered by the Grimaldi Group. The Italian carrier’s investment amounts to USD 165 million in all. The agreement foresees an option for another unit. Delivery is expected for... plus
Skyrocketing rates on the high seas
Carriers have started the month of July with a bang: the huge general rate increase (GRI), which kicked in on 1 July, has been largely successful; it caused the World Container Index (WCI) from Shanghai to Rotterdam to skyrocket. It shot up by an unprecedented 405%, to reach... plus
Low water for shipping confidence
Shipping confidence is at a seven-year low according to the latest "Shipping confidence survey" from the international accountant and shipping adviser Moore Stephens. Overall confidence levels in the shipping industry fell during the three months to May 2015 and... plus
Dodgy CEO summarily dismissed
After an extensive disciplinary process, the board of South Africa-based Dube Trade Port Corporation (DTPC) recently sacked CEO Saxen van Coller for failing to disclose previous criminal offences and a criminal conviction prior to taking up her post at the company. The board... plus
From desert heat to ocean breeze
Roy Kinnear was named CEO of Air Seychelles, with effect from 1 July 2015. He joins the carrier from strategic partner Etihad Airways, where he held the position of senior vice-president – revenue management and planning, responsible for leading the airline’s revenue... plus