Tonnages make a big jump again - yields not yet 
The latest preliminary figures from World ACD Market Data reveal a strong post-holiday season recovery of global air cargo tonnages in the second week of 2023. The 19% upswing is delayed compared with last year, when tonnages had already begun to recover by the end of the first... more
Recent developments in global piracy
The ICC International Maritime Bureau (IMB)'s report on global piracy in 2022 sums up 115 recorded incidents of piracy and armed robbery against ships – compared to 132 in 2021. In total, 107 vessels were boarded, two vessels hijacked, five attack attempts failed and one vessel... more
Istanbul Alibaba's next hub?
Several international and Turkish papers have stated that the Chinese e-commerce group Alibaba is planning a new logistics hub in Turkey. Besides a warehouse close to Istanbul Airport, a data centre near Ankara is part of the scheme. The total investment will be USD 1... more
Who would like to buy Pembroke?
Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke. Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity -... more
Asyad goes Singapore
Oman-based Asyad Shipping has opened the company’s first international office in Singapore to expand its business portfolio into the Asian market. Earlier this year, Asyad Shipping commissioned a new container line that connects Oman directly to Singapore and Malaysia to... more
Mycrane reaches milestone in USA
Mycrane has launched its own office in USA. Houston-based Scott Wilkes has been appointed as director of business development, reporting directly to the senior management team in UAE. Because of the importance and size of the market, Mycrane has decided to establish its own... more
Etihad Cargo hosts Cargo iQ meeting
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will host Cargo iQ's first working group meeting of 2023, from 17-19 January in the UAE's capital, Abu Dhabi. The meeting will bring together over 40 attendees plus online members from around the world to... more
Last newbuild and first organ donor
Probably not until a month from today, on 16 February 2023, the last of 1574 B747s ever produced will be handed over to the customer Atlas Air, which will use it for Kuehne + Nagel just like the last but one B747. The historic date, which ends a 54-year production run, was... more
Lithium battery certification for Qatar Airways
Qatar Airways is the world’s second airline to be Iata Ceiv lithium battery certified, and Qatar Aviation Services is the first ground handling company to be certified globally. The certification aims to improve safety in handling and transportation of lithium batteries... more
Chapman Freeborn boosts regional management team
Chapman Freeborn has appointed four new executives to head up its regional divisions as the global air charter specialist prepares to celebrate its 50th anniversary in 2023. Andy Hudson (fltr) is now regional CEO, APAC; Reto Hunziker is regional director, Europe; David... more