IATA: Double-digit growth in cargo demand continues in July
Air cargo demand continued to soar in July with the latest IATA statistics showing a year-on-year increase of 13.6% on the back of issues on the ocean and the continued e-commerce boom. The airline association said that cargo tonne kms had now registered a double-digit percentage increase for eight months in a row, with overall […]
APMT Mumbai inks MoU with Jawaharlal Nehru Port Authority
In a significant step towards advancing Shore Power Supply (SPS) in the region, Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has signed a Memorandum of Understanding with the Jawaharlal Nehru Port Authority (JNPA) to pilot this technology. “This agreement showcases how we are collaborating with port authorities, governments, and like-minded stakeholders to […]
Liege Airport looks to enhance road-rail connectivity
Liege Airport has invested in Liège Logistics Intermodal (LLI) as the two firms look to enhance rail and road connectivity with the Belgian airport. The partnership will see the airport take a 10% stake in LLI ahead of a series of investments in infrastructure. The first phase of the project will entail investments of €22m […]
Panama Canal introduces new long-term slot allocation method
The Panama Canal announced that the new Long Term Slot Allocation (LoTSA) methodology will be implemented starting 1 October 2024, for all market segments except LNG and LPG. The LNG and LPG segments will adhere to the previously announced date in Advisory to Shipping No. A-25-2024. After the LoTSA methodology was announced, several customers in […]
Innovative applications for telescopic slides
Telescopic slides are essential mechanical components that facilitate smooth movement and optimized storage in a variety of applications. Their versatility and ability to support heavy loads while offering smooth, controlled movement make telescopic slides a preferred choice in many sectors. We explore some of the most innovative and fascinating applications for these products in a […]
OOCL and partners drive low-carbon shipping with biofuel collaboration
Orient Overseas Container Line (OOCL) and its partners, including IKEA and Kyocera, have joined forces to promote low-carbon shipping by adopting cleaner fuels to reduce supply chain emissions. The first voyage under this initiative began in early August, using a B24 biofuel blend. This blend incorporates ISCC-certified Used Cooking Oil Methyl Ester as a component […]
CLdN expands freight capacity between Dublin and Mainland Europe
CLdN announced the further enhancement of its Irish service with the addition of a new load-on/load-off (LoLo) sailing on the Rotterdam-Dublin route. With this new service, CLdN customers will now benefit from three direct LoLo and three direct RoRo departures per week from both Rotterdam and Dublin. CLdN is the only operator offering this level […]
WinGD secures 100th order for VCR-equipped X-DF dual-fuel engines
Swiss marine power company WinGD has reached a significant milestone with its hundredth order for Variable Compression Ratio (VCR) technology, an innovation designed to optimize combustion in X-DF dual-fuel engines based on fuel type and engine load. Launched in June 2023, this technology has quickly become a preferred choice for dual-fuel engine orders, particularly within […]
Shippers urged to plan for peak as air cargo overheats
Shippers have been urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season, according to speakers on a webinar from Xeneta and Tiaca. Speaking on the webinar, Xeneta airfreight analyst Wenwen Zhang pointed to statistics showing that dynamic load […]
Helix rakes in $786m worth of new deals from Petrobras
Houston-based offshore contractor Helix Energy Solutions has won new three-year vessel charter and service contracts with Brazilian major Petrobras. The Brazilian company awarded deals to the riser-based well intervention vessels Siem Helix 1 and Siem Helix 2. The new three-year contracts are valued in aggregate at an estimated $786m. Each contract includes an additional three […]