News

Hong Kong International Airport (HKG) has once again claimed the crown as the world’s leading cargo airport in 2024, according to the latest Airports Council International (ACI) World Airport Traffic Dataset. With a remarkable 14.1% year-on-year surge in cargo volumes, HKG solidifies its position as a global logistics powerhouse.

The Asia Pacific air cargo market maintained its momentum in May, driven by strategic shipment front-loading and a shift in trade routes from China to other Asian markets. However, the pace of growth showed signs of easing.

The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, and the last commercial ocean-going sailing ship was the Pamir, which sank off the Azores in 1957. Built in 1905, she was 114 m long and 14 m wide, with a deadweight of 4,500 tons. She was powered by 3,800 sq m of sails and could reach a top speed of 16 knots.

We are delighted to welcome Incargo Shipping Services Ltd., based in Gibraltar, as the newest member of Apollo Global Experts! Welcome aboard! We are excited to collaborate and build a strong, productive partnership. 🙌

The World Shipping Council (WSC) released its annual Containers Lost at Sea report today, revealing that 576 containers were lost at sea in 2024, up from the record-low 221 containers lost in 2023 but still well below the 10-year average of 1,274 containers lost annually.

The International Air Transport Association (IATA) released data for May 2025 global passenger demand with the following highlights:

• Total demand, measured in revenue passenger kilometers (RPK), was up 5.0% compared to May 2024. Total capacity, measured in available seat kilometers (ASK), was also up 5.0% year-on-year. The May load factor was 83.4% (-0.1 ppt compared to May 2024).

The European Union and the US believe they can clinch some form of a trade agreement before a July 9 deadline, when Washington is set to impose a 50% tariff on nearly all EU products and the bloc plans to unleash its own series of countermeasures. 

The recent publication of two maritime technology landscape maps, clustered with hundreds of logos, shows how fragmented this business is despite significant consolidation over the past couple of years.

Apollo in the Spotlight turns its focus this month to Héctor Beltre, a standout logistics leader based in Santo Domingo, Dominican Republic, and a key force behind Last Mile Logistics. With a decade of experience in international business and a sharp eye on global trade trends, Héctor brings insight, adaptability, and a deep commitment to building strong cross-border alliances. In this interview, he shares his thoughts on the evolving challenges of the logistics industry, the importance of community, and how his company is creating new opportunities both locally and globally.

To all our passengers who place their trust in Qatar Airways,

This week brought an operational crisis few airlines will ever encounter, and one that challenged the very core of what it means to run a global airline.

The maritime industry’s leading ship management body has issued a strong call against the criminalization of seafarers ahead of the global Day of the Seafarer celebration on June 25th.

Iran’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure in response to U.S. strikes on several of Tehran’s nuclear sites.