EFIS Maroc appoints new commercial director
Air cargo sales agency EFIS Maroc – part of the ECS Group – has appointed Zouber Hachemaoui as its new commercial director. Under Hachemaoui leadership, the company will focus on “expanding its reach and providing tailored solutions to its customers”. His appointment is part of ECS’ efforts to strengthen its presence in Morocco and enhance […]
Canada’s WestJet expands pet transport service to the UK
WestJet Cargo has expanded its pet transportation services from Canada to London Gatwick (LGW), London Heathrow (LHR) and Edinburgh (EDI). This expansion comes in response to the growing demand for secure and reliable international pet travel between Canada and Europe, said the Canadian airline. The carrier operates flights between Canada and Europe using its fleet […]
Tanker still on fire days after Houthi onslaught
An oil tanker is still burning six days after being attacked by the Houthis in the Red Sea. The 2006-built Suezmax tanker, Sounion, has become the third of Greece’s Delta Tankers’ ships to have been targeted by Houthis this month. According to Operation Aspides, also known as EUNAVFOR Aspides, the EU military operation in response […]
Abundance Solar Panel to build US$15M solar plant in KEZAD
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated economic zones, and UAE-based Abundance Solar Panels Industries have announced a 50-year land lease agreement for a new solar panel plant in KEZAD Area A – Al Ma’mourah. With a planned investment of US$15 million, the facility will produce solar panels and photovoltaic […]
Astral begins China-Kenya freighter route
Astral Aviation has added China to its network with a new route from Guangzhou to Nairobi with an onward connection to Maputo in Mozambique. Air Charter Service Hong Kong was the launch customer for the new route which will be served by a 767 freighter, said Astral. “Initially we will operate a weekly flight but […]
Forwarders and shippers push for longer term air cargo deals
Freight forwarders and shippers are continuing to push for longer term air cargo deals as they look to avoid potential rate hikes due to the risk of supply chain disruption. A half-year market report from analyst Xeneta shows that contracts of more than six months accounted for 54% of the market in the second quarter […]
China’s freighter fleet to triple by 2043
China’s freighter fleet is expected to nearly triple by 2043, with demand stimulated by its booming e-commerce sector. Boeing’s 2024 Commercial Market Outlook (CMO) for China found that 170 freighter deliveries are expected between 2024 and 2043. This number includes both newbuild and conversion models. “China’s commercial aviation market for passengers and cargo continues to […]
Lebanon boosts oil spill readiness with IMO training
Lebanon’s capacity to respond to oil spills received a significant enhancement last week through a virtual training event organized by the International Maritime Organization (IMO). From 13 to 15 August, 21 senior managers and administrators, pivotal to Lebanon’s oil spill response operations, participated in the OPRC Level 3 course. This interactive online training, which included […]
NYK launches world’s first commercial ammonia-fueled tugboat
On 23 August 2024, NYK and IHI Power Systems, in collaboration with Nippon Kaiji Kyokai (ClassNK), completed the world’s first ammonia-fueled tugboat, Sakigake. This vessel, designed for commercial use, will be operated by the NYK Group company Shin-Nippon Kaiyosha for tugboat services in Tokyo Bay during a three-month demonstration period. The Sakigake tugboat is part […]
Today’s tanker rates taken in context
Splash Extra provides useful analysis comparing today’s tanker rates to the averages of the past 10 years. The VLCC freight market slipped to an average of $29,800 a day for the first three weeks of August, adding to a three-month downturn from a peak of $48,000 a day average in May. The average for August […]