Container flows on the rise 
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) shows a significant upturn from June to July, rising from (corrected) 110.2 to 116.2 points. The index is therefore now... more
Remote service for vessels at sea
Machinery Maintenance Connect (MMC) is DNV GL’s remote approach to the machinery planned maintenance system (MPMS). Instead of requiring surveyors to travel to each individual vessel and go onboard, machinery data can be processed via algorithms and presented to customers in a... more
JAS "qares" too
JAS, a global forwarder with Italian roots, has placed first bookings with Qatar Airways Cargo's "We Qare Program". The world’s largest cargo airline is committed to helping people in need through its "1 Million Kilos" campaign: From July to the end of... more
Saudia Cargo returns to Shanghai in force
Saudia Cargo has expanded its cargo network with the addition of Shanghai's airport to its flight schedules which commenced on 15 August 2020. The carrier now operates two flights a week, originating from Riyadh and Jeddah using a B777F which has a 95-t capacity. Saudia's... more
ZIM passes threshold
The shipping group ZIM has published its consolidated results for H1/2020. Volumes carried by ZIM went down by 8.4% to 1.3 million teu compared to 1.4 million teu in H1/2019. Yet, the average freight rate per teu over the period was at USD 1,081 compared to USD 1,005 in the... more
UAE’s railway to increase capacity by factor 8
Etihad Rail is tripling its fleet. The operator of the UAE’s national railway has awarded a contract to Chinese CRRC for the manufacture, supply and commissioning of 842 new wagons. The new rolling stock brings Etihad Rail’s total fleet to more than 1,000 units. This... more
Unifeeder broadens DP World's portfolio
The Unifeeder Group, a part of DP World since 2018, has opted for further acquisitions. The Unifeeder ISC platform managed the purchase of Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and Transworld Feeders, the containerised... more
Agility reports a 61.3% decrease in net profit in H1
Agility reported first-half net profit of KWD 16.2 million (EUR 44.5 million), a decrease of 61.3% over the same period in 2019. Ebitda declined by 20.1% to KWD 75.8 million (EUR 208.6 million), and revenue declined 1.3% to KWD 765.1 million (EUR 2.105 billion). Tarek... more
Just four hours instead of two days
The first TIR shipment from Saudi Arabia has arrived safely in the United Arab Emirates (UAE). Operating under a single customs transit document and a single guarantee, Almajdouie Logistics moved almost 25 t of aluminium across the border, taking advantage of the TIR electronic... more
Hapag-Lloyd weathers H1 well
The Hamburg-based carrier Hapag-Lloyd improved its financial result significantly in H1/2020, but lost volumes. While revenues rose by 2,5% to EUR 6.4 billion (EUR 6.2 billion in H1/2019), earnings before interest and taxes (ebit) surged by 14% to EUR 511 million, thereby... more