Fortune takes a turn for Höegh Autoliners with a wave of tariffs - The Loadstar

Höegh Autoliners, like other car-carrier operators, has had an enjoyable few years of booming demand met with scant capacity, leading to a flurry of newbuild ordering. But with considerable exposure to the US export market, and an orderbook of advanced ammonia-fuelled newbuilds on the way from Chinese yards, Höegh could now be facing a rapid reversal of fortunes. US car exports form a high proportion of Höegh's business, CEO Andreas Enger admitted, but he was keen ...

IATA's SAF registry goes live

IATA has launched its Sustainable Aviation Fuel (SAF) Registry to record SAF transactions in a standardised and transparent way and help enable a global market for SAF and support efforts to reach net zero emissions by 2050. Participation in the SAF Registry will be free until April 2027, after which it will be operated on a cost-recovery basis. There are over 30 early users already in the process of onboarding and ready to use the system. The Registry is now under the management of the IATA-founded Civil Aviation Decarbonization Organization (CADO). IATA said the SAF Registry has been designed to ensure that the environmental benefits of SAF can be tracked as they move across the SAF value chain and enable the claiming of these against regulatory obligations and voluntary schemes by airlines and corporate customers. The registry helps solve the challenge of limited SAF supply by connecting airlines with SAF producers and suppliers, regardless of their geographical location. In addition, the registry gives airlines' corporate customers access to in-sector emissions reductions and capitalises on firms' capacity to co-finance the cost of decarbonisation. According to IATA, the SAF Registry is technology and feedstock-neutral, favouring the emergence of diverse SAF production streams across the world. It will be able to accommodate specific regulations while favouring global harmonisation, said IATA. Interoperability with other registries is an important feature of the registry, supporting competition and open markets. The registry was developed in consultation with airlines, government authorities, OEMs, fuel producers and suppliers, and corporate travel management companies. IATA said in March that it had established CADO specifically to manage the registry. CADO is incorporated as a not-for-profit organization in Canada with its headquarters in Montreal. IATA will provide ongoing technical support and operations to CADO. Marie Owens Thomsen, IATA's senior vice president sustainability and chief economist, said: "Aviation's decarbonisation is a team effort. In releasing the SAF Registry to CADO for launch, we have put in place a critical platform for the benefit of all stakeholders. It ensures that all airlines in the world have access to SAF and that their SAF purchases can be claimed against any climate-related obligations in this domain. "The registry will record the environmental attributes of SAF purchases in an immutable way, safeguarding against double counting. Airlines, their corporate customers, fuel producers, regulatory bodies, and all related organizations will be able to record and account for their SAF transactions in a global market for SAF. "While this is of fundamental importance and a historically momentous advance, it is but one step along the way to a mature, transparent, and liquid global SAF market. The registry cannot produce miracles on its own, but without it, no miracles can be produced."

Time:matters adds new France office

Time-critical logistics firm time:matters has opened an office in France as it looks to strengthen its presence in western Europe. The new office is located near Paris Charles de Gaulle (CDG) Airport and will be led by Pieter-Jaap Zijlstra, regional director western Europe. The CDG office will also have a dedicated country manager for France as well as teams for sales, operations, customer service and business development. "These teams will support customers along the entire supply chain," the company said in a press release. "This includes the creation of air waybills, local invoicing, and end-to-end transport processing, including pickup, delivery, and customs clearance." Target markets include life sciences, semiconductor manufacturing, automotive, and aerospace industries. Zijlstra said: "France is a strong airfreight market with a high demand for time-critical logistics services. With our in-depth industry knowledge and strong global network, we are able to offer our customers smarter, faster, more customized, and highly competitive solutions." Services offered from the new office include Next Flight Out (NFO) and On Board Courier (OBC) and customised charter solutions, including door-to-door transport. As well as expanding its presence, the company has also been working on developing its digital services. Last year, time:matters partnered with cargo.one on the use of its online booking platform. The partnership will give time:matters' team the ability to quote and book capacity from over 60 airlines on a 24/7 basis, which the company hopes will reduce the time it takes to quote.