The Container Price Sentiment Index (xCPSI), monitored by Container xChange, was at 52 as of January 8, 2025, a significant decline from 71 during the same week in 2024. This shift in outlook has been consistent throughout the second half of 2024 and into the early weeks of 2025, says the latest update. #Containerx #xCPSI #ContainerxChange #Shipping #China #LunarNewYear #DonaldTrump

Madhav Kurup, a Dubai-based Indian national, has been elevated to Global Chief Operating Officer (COO) at Hellmann Worldwide Logistics. #Hellmann #HellmannWorldwideLogistics #IMEA #IndianSubcontinent #MiddleEast #Africa #Dubai

African airlines saw a 0.7 percent year-on-year decrease in cargo demand in November 2024 compared to the same period last year, the slowest among regions. Capacity increased by 0.4 percent year-on-year, according to the latest update from the International Air Transport Association (IATA). #InternationalAirTransportAssociation #IATA #aircargo #Africanairlines #cargodemand #cargo

The container ship order book hit a record high of 8.3 million TEUs at the end of 2024 compared with the previous high of 7.8 million TEUs in 2023. #BIMCO #China #containership #orderbook #containershiporderbook #shipping #ships

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) have reached a tentative agreement for a new six-year master contract. #ILA #UnitedStatesMaritimeAlliance #USMX #DonaldTrump #automation #shipping

DP World has crossed 100 million TEUs of container handling capacity across its global portfolio since inception. #DPWorld #DaresSalaamPort #Tanzania #infrastructure #Shipping #milestone #globalportfolio

Astral Aviation, Africa's only all-cargo airline headquartered in Nairobi, Kenya, has decided to postpone the acquisition of two E190F aircraft from Nordic Aviation Capital (NAC). The airline had originally signed the agreement with NAC to become the launch operator of Embraer's passenger-to-freighter (P2F) converted aircraft. However, Astral revised its decision in October 2023. #AstralAviation #NordicAviationCapital #AirCargo #Embraer #EFreighters #Nairobi #Kenya #aircraft #Africa

The African Development Bank has granted Tunisia a loan of €80.16 million to implement the next phase of the country’s road improvement scheme. #AfricanDevelopmentBank #Tunisia #upgraderoads #roadimprovementscheme

Mediterranean Shipping Company (MSC) has announced enhancements to its network in Southern Africa, aimed at facilitating trade between Europe and the region. #MSC #MediterraneanShippingCompany #SouthAfrica #NorthEurope #WalvisBay

Astral Aviation, in association with Global Alliance for Vaccines and Immunization (GAVI), delivered 1.1 million doses of cholera vaccines to South Sudan. #AstralAviation #SouthSudan #GlobalAllianceforVaccinesandImmunization #GAVI #cholera #WHO #choleravaccines