DP World reports 2023 financials 
DP World has announced its financial results for 2023, which show a 6.6% revenue growth to USD 18,250 million and a 1.9% uptick in adjusted ebitda to USD 5,108 million. The company's profit for the year decreased by 17.7% to USD 1,514 million due to higher finance costs. Cash... more
Air instead of sea freight
Neo Air Charter operated 60 widebody freighter charters in the first two months of 2024, to circumvent e-commerce supply chain problems caused by the Red Sea attacks on shipping, which have effectively closed the Suez Canal route. The 60 B747F and B777F charter flights... more
Dnata: eleven out of eleven
Dnata, a global air and travel services provider, has received the International Air Transport Association’s (Iata) centre of excellence for independent validators (Ceiv) accreditation for the safe and compliant handling of lithium batteries. Dnata’s journey with Iata’s Ceiv... more
Streamlining charter operations
Spurred by the global surge in e-commerce which has seen Etihad Cargo operate 23% more charter in 2023 than in 2022, the cargo and logistics arm of Etihad Airways has significantly enhanced its charter service capabilities through a new partnership with Awery Aviation Software.... more
SkyCargo now live on Cargo One
Cementing its presence on three of the biggest digital marketplaces for airfreight logistics, Emirates SkyCargo is now live on Cargo One. Customers will now be able to access Emirates SkyCargo schedules, tariff, and contract rates, along with real-time access to available... more
Wärtsilä enhances nautical training in UAE
Wärtsilä has supplied its latest simulator technology to the Sharjah Maritime Academy in the United Arab Emirates. This advanced simulation facility, recently inaugurated, strengthens the academy's position as a global maritime training, innovation, research, and development... more
A new HQ for West Asia
Ocean Network Express (ONE) has established its new West Asia regional headquarters in Dubai, aiming to enhance its presence and growth in the Indian Subcontinent, Middle East, and East Africa markets. The new office will serve as the shipping line’s central hub for... more
Volvo raises market share for e-HGVs to 47.2%
The commercial vehicle manufacturer sold 145,395 trucks worldwide in 2023 - more than ever before. The largest sales markets were the USA, Brazil, and the UK. Electric trucks are on the upswing, with Volvo delivering 1,977 e-vehicles worldwide last year, an increase of 256%... more
Ahead of its WCS, Iata sees "strong start" in 2024
The International Air Transport Association (Iata) reports that in the first month of 2024, total demand, measured in cargo tonne-kilometres (CTK), increased by 18.4% compared to January 2023 levels. This significant upturn marks the highest annual growth in CTKs since the... more
Iraqis visit AD Ports
AD Ports Group, a global logistics facilitator, welcomed an Iraqi delegation to debate strategic transport and logistics issues. The delegation, led by Iraq's minister of transport, Razzaq Muhaibas Al-Saadawi, discussed projects aimed at international transport, logistics... more