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Wilhelmsen with project cargo shipment at Ras Al Khaimah

AJOT | January 11, 2022 | Project / Heavy Lift | Maritime Project

Wilhelmsen Ships Service UAE recently handled a project cargo shipment at Ras Al Khaimah. The project consisted of 11 oversized breakbulk pieces totaling 225mt / 1,500cbm with the largest piece at 35.36 x 3.80 x 3.90m / 68mt.

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PT LV Logistics sets new domestic record for the Indonesian heavy haul industry with the delivery of RFCC plant components

AJOT | January 11, 2022 | Project / Heavy Lift | Maritime Project

PT LV Logistics has set a new domestic record for the Indonesian heavy haul industry with the delivery of RFCC plant components to the Balikpapan refinery in East Kalimantan. The main actors included three Goldhofer PST/SL self-propelled transporter combinations.

Autocar reports record-breaking year for BADASS vocational heavy-duty OEM

AJOT | January 11, 2022 | Ports & Terminals | Equipment and Tech

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China blocks some flights from the US as Covid precautions rise

Bloomberg | January 11, 2022 | Air Cargo | Airports

American Airlines Group Inc. and United Airlines Holdings Inc. said Chinese aviation regulators have blocked some of their flights from entry as the country steps up precautions against Covid-19.

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Chips to grapes drive Taiwanese carrier’s cargo to 62-year high

Bloomberg | January 11, 2022 | Air Cargo | Freighters

Soaring demand for chips, vaccines and gourmet food at home and overseas helped Taiwan’s China Airlines Ltd. post its best-ever cargo performance in 2021, with exports from the island also jumping to a record.

State grant supports ZeroAvia project at Paine Field

AJOT | January 11, 2022 | Air Cargo | Technology

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Multichannel Merchant names SEKO Logistics a ‘Top 3PL for 2022’

AJOT | January 11, 2022 | Logistics

SEKO Logistics has been named a ‘Top 3PL for 2022’ by Multichannel Merchant, a leading intelligence source for key decision makers responsible for ecommerce, management, marketing and operations at companies selling merchandise through multiple channels.

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Global oil and gas investments to hit $628 billion in 2022, led by upstream gas and LNG

AJOT | January 11, 2022 | Energy

Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis by Rystad Energy projects overall oil and gas investments will rise 4% to $628 billion this year from $602 billion in 2021.

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[Freightos Weekly Update] Ocean rates climb and delays persist ahead of Lunar New Year.

AJOT | January 11, 2022 | Maritime | Liner Shipping

Key insights: 1 Restrictions around Ningbo have mostly been lifted, with logistics operations largely back to normal, though new outbreaks are being addressed in Shenzhen and Tianjin.  2 Ex-Asia ocean rates climbed this week ahead of the Lunar New Year holiday, though are still well below September’s peak season levels.  3 Still-surging demand and congestion are keeping delays a reality for US importers. Freightos.com data show the average monthly end-to-end transit time for China-US ocean shipments hit a record of 80 days in December, 50% longer than in December 2020, and 85% longer than in 2019.

Ridgewood Infrastructure announces acquisition of APP Jet Center

AJOT | January 11, 2022 | Air Cargo | Charters

United Airlines CEO says 3,000 of its workers have contracted Covid

Bloomberg | January 11, 2022 | Air Cargo | Airlines

China vows more steps to stabilize trade as economic risks grow

Bloomberg | January 11, 2022 | International Trade

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