Opinions
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“Smart” Containers will commence a New Era of Cargo Transportation by Sea
The wave of technological modernization has affected transportation containers by transforming them from standard containers into “smart” ones. This revolution in the field of transportation means many advantages by removing different bureaucratic burdens at customs and by protecting the security of
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CEVA extends rapid LTL services to South East Asia
CEVA Logistics has expanded its rapid LTL (Less-than-truckload) services from China to South East Asia. The service is designed to serve customers who do not have sufficient volumes to support Full Truckload Shipments (FTL). Emerging small to medium enterprises (SMEs),
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Oman Air achieves IATA CEIV Fresh
Oman Air has achieved IATA’s Center of Excellence for Independent Validators for ‘Fresh’ Logistics (CEIV Fresh), the airline industry’s leading certification for safeguarding the integrity of perishable goods across the supply chain. The globally recognized certification aims to increase food
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IAG Cargo flies flowers for the lovestruck
IAG Cargo announces its work to help the lovestruck keep the magic alive this Valentine’s Day, reporting the transportation of nearly 450 (438) tonnes of flowers across its network, or approximately 18 million stems, with popular blooms including fresh cuts
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Hapag-Lloyd gets off to strong start in 2021
Hapag-Lloyd got off to a strong start in 2021 thanks to exceptionally high demand for container transports and increased freight rates. Based on preliminary business figures for the month of January and the current business situation, the executive board of Hapag-Lloyd AG
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The ports of Antwerp and Zeebrugge to merge
The City of Antwerp and the City of Bruges have reached an agreement to merge their respective ports. The two-city agreement marks the start of a unification process that is expected to take a year to finalise. Once completed, the
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CMA CGM launches air cargo division
CMA CGM has launched its air cargo division with the purchase of four Airbus A330-200F freighter aircraft. With a 60-tonne-payload and a range of 4,000 nautical miles, the aircraft will connect Europe with the rest of the world. The fleet operation
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Air France-KLM reports €7b loss
Air-France-KLM warned on Thursday of more pain to come for the Franco-Dutch airline group on renewed COVID-19 lockdowns, as the fallout from the pandemic pushed it to an annual 7.1 billion euro ($8.5 billion) net loss. The group expects to fly
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European Union certifies Moscow Cargo LLC
Moscow Cargo LLC has been issued the RA3 certificate by the German National Civil Aviation Administration (Luftfahrt-Bundesamt), which inspects and certifies airports and airlines on behalf of the European Aviation Safety Agency (EASA). The RA3 certificate (Regulated Agent Third Country) confirms
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Ontario begins 2021 with growth in air cargo
Ontario International Airport (ONT) began 2021 just as it closed out 2020, with a double-digit increase in air cargo volume. January freight volume totaled more than 70,500 tons, a 15.6% increase compared to the same month last year and extending a trend of robust cargo
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Sudden delivery disruptions due to pandemic will not go away any time soon
At the end of 2020, chaos in the transport industry ensued after sudden decisions of European countries, especially France, to ban all travel from the UK. The reason was the rapid outbreak pandemicof the new COVID-19 strand. The industry was
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Kuehne+Nagel acquires Asian logistics firm Apex
Kuehne+Nagel has agreed to acquire Apex International Corporation (“Apex”), one of Asia’s leading freight forwarders. Apex was founded in China in 2001 and has expanded throughout Asia and beyond over the years of its growth history. Dr. Detlef Trefzger, chief executive
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Rotterdam reports 6% drop in volume for 2020
The Port of Rotterdam reported 436.8 million tonnes of goods handled in 2020, a drop of 6.9 percent compared to 2019. The drop in volume was largely attributable to the coronavirus pandemic which saw decreases in iron ore (-24.5%), coal (-22.8%),
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SpiceJet launches new Singapore – India service
India-headquartered airline, SpiceJet, has launched twice-weekly services between Singapore and three Indian cities – Bangalore, Chennai and Mumbai. The carrier’s first flight from Chennai landed at Changi Airport on 20 February at 1115 hrs. Operated under SpiceJet’s cargo arm SpiceXpress
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Port of Sines ends 2020 with container cargo up 13%
The Port of Sines ended 2020 with a 13% increase in containerised cargo compared to the previous year. This was the third best result ever in terms of container handling, with the particularity of having been achieved in a pandemic
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CEVA Logistics wins Airbus production supply contract
In a major expansion of its international aerospace business, CEVA Logistics has been awarded a contract to manage production supply for Airbus at the aircraft manufacturer’s assembly site in Hamburg, Germany. CEVA will operate the production supply logistics on behalf
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Vessel shortage delays shippers
Malaysian shippers are scrambling to secure containers from any available shipping services at premium rates, or have to rely on air freight for urgent shipments due to container and vessel capacity shortage. The space and vessel shortages are mainly for trade
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PSA and CDAS partner up to launch SmartBooking
In a concerted effort to drive supply chain orchestration and digitalisation, PSA Corporation Ltd (PSA) and the Container Depot and Logistics Association (Singapore) (CDAS) have launched ‘SmartBooking’ – an integrated one-stop booking platform for container depots, terminals, hauliers and logistics
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Port of Oakland container volume down in January
Containerised cargo volume declined at the Port of Oakland in January, the result of spreading supply chain congestion. The Port said that import volume dropped 11.9 percent in January compared to the same period January 2020. Exports were down 11.3 percent. The
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DHL Express adds converted A321Fs to fleet
DHL Express and SmartLynx Malta have signed an agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL’s European air fleet. The new technically advanced narrow-body fleet type will add capacity to meet the increasing demand for
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CMA CGM Air Cargo to make first flight on March 8
The CMA CGM Group has announced that its new specialist air freight division CMA CGM Air Cargo is to begin operations starting March 8 with the first Airbus A330-200F cargo flight between Liege and Chicago. CMA CGM Air Cargo’s first Airbus
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LATAM expands cargo operations
LATAM Airlines Group (“LATAM”) is to expand its cargo operations with the conversion of up to eight Boeing 767-300ER aircraft into Boeing converted freighters (“BCF”) in the next three years. This represents a freighter capacity growth of up to 80%.
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MASkargo flies in first Sinovac COVID-19 vaccines
Malaysia Aviation Group (MAG) cargo subsidiary MABkargo Sdn. Bhd. (MASkargo) has successfully flew in the first batch of Sinovac Covid-19 vaccines from China to Malaysia. Flight MH319, utilising Malaysia Airlines’ Airbus 330-300 aircraft featuring the Malaysian flag livery, departed from
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Port of Santos to berth 14,000 teu containerships
The Brazilian Navy has authorised the Port of Santos to receive vessels of 366 m in length, equating to 14,000 teu, the largest ships calling the East Coast of South America. Currently, the port receives vessels of up to 340 m
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Airlines continue to burn through cash
The airline industry is expected to remain cash negative throughout 2021, with cash burn estimated to be in the $75–$95 billion range, according to IATA. One reason for this is the weak start to 2021. It is already clear that the
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CMA CGM drives forward energy transition
CMA CGM Group is to dedicate six liquefied natural gas (LNG) powered containerships to the U.S. market as part of the Group’s ongoing efforts to drive forward the energy transition of the shipping industry. Rodolphe Saadé made the announcement at the opening session of TPM, the premiere conference for the trans-Pacific and global container shipping and logistics community. The first of these new vessels will
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Volga-Dnepr to establish emergency logistics hub
Volga-Dnepr Airlines (Volga-Dnepr), part of Volga-Dnepr Group, and Leipzig/Halle Airport (LEJ) have inked the Memorandum of Understanding (MOU) with the aim to set up an Emergency Logistics/Humanitarian Hub. The decision comes as a logical step for further development of long-lasting strategic
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Qantas freight division carries international losses
The Qantas Group has been able to offset much of its costs on its international passenger programme through a “record” performance on its freight business. Speaking at the announcement of the Australian carrier’s 2021 half year results to the end of
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UK approves the opening of 8 freeports
The UK Government has approved the opening of eight freeports in England, the new freeports are scheduled to begin operations from late 2021. The locations of the freeports are; East Midlands Airport, Felixstowe & Harwich, Humber, Liverpool City Region, Plymouth and
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Were we ready for Brexit?
The year 2021 began not only with an understanding that COVID-19 restrictions will last for some more time, but also with BREXIT – Great Britain leaving European Union (EU). BREXIT was not a sudden event and the fact that the
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DP World and CPDQ to invest $1.2b in East Java
DP World and its partner Caisse de dépôt et placement du Québec (CDPQ), have signed a long-term agreement with Maspion Group to start the construction of an international container port and industrial logistics park in Gresik, East Java. Work on the
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Cavotec to sell airport business
Engineering group Cavotec is to sell its airport business in order to focus on the fast growing ports and maritime market. As the market trends and regulatory requirements are expected to drive significant growth in demand for shore power, automated mooring
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Cargojet increases quarterly dividend by 11%
The Board of Directors of Cargojet Inc. has declared a cash dividend of $0.2600 per common voting share and variable voting share for the period from January 1, 2021 to March 31, 2021, an increase of $0.0260 or 11.1% per share from the previous quarter. “In recognition of
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ATRAN and AirBridgeCargo deliver engines for Yakutia
ATRAN Airlines (ATRAN) in cooperation with AirBridgeCargo Airlines (ABC), both part of Volga-Dnepr Group, have delivered aircraft engines for Yakutia Airlines from Yakutsk to Paris. Volga-Dnepr’s Cargo Supermarket concept which provides a one-stop-shop experience for all the customers enabled the ABC&ATRAN
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MSC ships record 1.9m reefer containers in 2020
Mediterranean Shipping Company (MSC) shipped more than 1.9m reefer container in 2020, surpassing its previous record of 1.8m units transported in 2019. The shipping line said in a statement that, “2020 was another successful year for MSC’s reefer services as we
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Amazon takes stake in air cargo contractor
Amazon has taken a minority stake in Air Transport Services Group (ATSG), an air freight partner that operates a significant share of the company’s aviation logistics unit. Amazon exercised warrants in ATSG that will allow it to acquire about 13.5 million shares in
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Cathay Pacific reports record £2bn annual loss
Hong Kong’s Cathay Pacific Airways Ltd reported a record annual loss of HK$21.65 billion (£2 billion), caused by a travel downturn, restructuring costs and fleet writedowns. Cathay Pacific’s group chairman Patrick Healy commented: “The Cathay Pacific Group experienced the most challenging
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PortMiami reports record cargo for January
PortMiami, processed 113,835 twenty-foot-equivalent units (TEUs) in January 2021, an increase of 21.02 percent from the 94,064 TEUs processed in January 2020, the most active month ever recorded. Between fiscal year to date, Oct. 1, 2020, through Jan. 31, 2021, PortMiami
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ICTSI posts net income of $282m for 2020
Enrique K. Razon, Jr., ICTSI Chairman and President said: “ICTSI has delivered a positive performance in very challenging circumstances and it highlights not only the significant dedication and commitment of our colleagues who have performed strongly throughout the pandemic but
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Amerijet delivers COVID-19 vaccines
Air cargo continues to play a key role in the distribution of life-saving vaccines around the world. Amerijet delivered Covid-19 vaccines to the Caribbean and Central America on behalf of Odyssey Logistics Pvt. Ltd. ) These shipments were a part of India’s Government gifted Covishield AstraZeneca vaccines manufactured
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CMA CGM acquires Gultainer Lebanon
CMA CGM Group has announced the acquisition of all shares of Gulftainer Lebanon, the operator of the Port of Tripoli container terminal. With 14 weekly calls at the ports of Beirut and Tripoli, the Group has a strategic presence in
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“Smart” Containers will commence a New Era of Cargo Transportation by Sea
The wave of technological modernization has affected transportation containers by transforming them from standard containers into “smart” ones. This revolution in the field of transportation means many advantages by removing different bureaucratic burdens at customs and by protecting the security of
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WFS joins Brucargo ‘digital green lane’ initiative
Worldwide Flight Services (WFS) is working with Brussels Airport and the Air Cargo Belgium community to help eliminate waiting times for international road feeder services in the latest initiative to support Brucargo’s ‘Digital Green Lane’. Two years ago, WFS was one
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PSA and Duisport invest in multimodal facilities
PSA Northeast Asia Supply Chain Pte Ltd (“PSA”) and Duisburger Hafen AG (“Duisport”) have formed a joint venture company, Multimodal Investments Pte Ltd (“MIPL”), to invest in multimodal logistics facilities in Asia. Through MIPL, duisport will take a stake in PSA’s current investments
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Hapag-Lloyd acquires Africa specialist NileDutch
Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). With over 40 years of expertise, NileDutch is one the leading providers of container
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Cargojet announces new director appointment
Cargojet Inc. has appointed Alan Gershenhorn to its board of directors, Gershenhorn will stand for election at the corporation’s annual meeting of shareholders on March 30, 2021. James R. Crane resigned from the board in line with best corporate governance practices in order
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Cathay Pacific expands pharma corridor
To increase links with the European vaccine production hub, Cathay Pacific Cargo announces adding additional capacity to operate on the pharma corridor between the Belgian capital and Hong Kong. The extra cargo flights are planned until June and the schedule will
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Emirates marks year of passenger freighters
On Monday, 16 March 2020, Emirates flight EK 2503 took off from Dubai to Kuwait. Although operated on a Boeing 777-300ER passenger aircraft, EK 2503 carried no passengers but about 34 tonnes of bellyhold cargo that was urgently required in Kuwait. It
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BoxBay completes milestone at Jebel Ali Port
BoxBay, joint venture between DP World and SMS Group, has successfully completed the first 10,000 container moves in the BoxBay high bay store system at Jebel Ali Port. The milestone demonstrates the disruptive technology concept works, and makes possible dramatic changes
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Port of Antwerp upgrades Europa Terminal
To enable Europa Terminal to handle the largest container vessels, Port of Antwerp is planning to deepen the quay wall of this terminal in dialogue with PSA Antwerp, the operator of the terminal. To this end, the current quay wall will
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Lufthansa Cargo expands CEIV Pharma network
The Lufthansa Cargo pharma centres in Munich and Chicago, which opened in summer 2020, were recently CEIV Pharma-certified. This means that, in addition to CEIV Pharma certification as an airline, Lufthansa Cargo offers a pharma network of 32 stations worldwide. After extensive
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Wilson Sons acquires stake in tech startup
Wilson Sons has acquired a minority stake in Israeli startup Docktech along with a commercial exclusivity agreement to use the company’s maritime technology to monitor berth and waterway depth in Brazilian ports. The acquisition will enable the Brazilian port and maritime
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Oman Air achieves IATA CEIV Pharma
Oman Air, the national carrier of the Sultanate of Oman, has been certified IATA Center of Excellence for Independent Validators for Pharmaceutical Logistics (CEIV Pharma). In successfully obtaining the industry-wide standard, Oman Air now aims to grow its participation as an
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Port of Barcelona measures value of digitalisation
The Port of Barcelona has begun the process of collecting data to produce its new economic impact study of commercial and digital activity. The study aims to assess the port’s commercial dimension and especially to learn what added value it
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Railway technologies in global leadership and in the perspectives of ‘Green Thinking’ people
Railway history goes back almost 2000 years, and today it has developed so far that the countries can compete for the most advanced railway technologies in the global market. Besides, in many places in the world the industry starts using
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Suez Canal blocked by Evergreen container ship
The Ultra Large Container Ship (ULCS) #EVERGIVEN showing her bow firmly aground on the east Bank of the #Suezcanal and blocking about 10% of the world's trade. pic.twitter.com/obDpU8w3ed — Sal Mercogliano 🚢⚓🧭🐪🚒 (@mercoglianos) March 24, 2021 Since Tuesday, the passage between Asia
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IATA launches digital cargo platform
The air cargo industry has seen exponential growth over the past year due to the COVID-19 pandemic. While speed is the name of the game in the air cargo industry, the pandemic has bottlenecked the supply chain. IATA, the International Air
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AirBridgeCargo delivers reindeer
AirBridgeCargo, one of the leading all-cargo carriers in the transportation of live animals, has successfully delivered four reindeer from Moscow to Frankfurt. Four two-year-old animals, weighing around 150 kilograms each, were safely delivered to Wuppertal Zoo in Germany. Peter Novozhenov, regional director,
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ANA adds capacity to Narita-Los Angeles route
All Nippon Airways (ANA) is increasing its cargo capacity between Los Angeles and Tokyo Narita airports with the introduction of Boeing 777 Freighters (777Fs). The aircraft will replace the Boeing 767 Freighters currently used on the route and should double available
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HMM takes delivery of 16,000 TEU containership
HMM has taken delivery of HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, built at the Ulsan shipyard of Hyundai Heavy Industries. HMM Nuri will be deployed on the Far East Europe 4(FE4) route under The Alliance’s product plan,
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First ship-to-containership LNG bunkering at Port of Singapore
Asia’s first ship-to-containership LNG Bunkering has been undertaken by CMA CGM and FueLNG at the Port of Singapore. A containership, CMA CGM Scandola, was fuelled with 7,100m3 of LNG from FueLNG Bellina, Singapore’s first LNG bunkering vessel. Senior Minister of State for Transport
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Hapag-Lloyd to issue green bond
Hapag-Lloyd AG plans to issue a sustainability-linked corporate senior note in the amount of €300 million, which will comply with the principles of the International Capital Market Association (ICMA). The sustainability-linked senior note is associated with a clearly defined sustainability
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CP and KCS agree to merge networks
Canadian Pacific Railway Limited (CP) and Kansas City Southern (KCS) have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion, which includes
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The Ever Given is partially afloat, raising hopes traffic can soon resume
The 400-metre (430-yard) long Ever Given was successfully re-floated at 4.30 am local time (0230 GMT) and was being secured, Inchcape, a global provider of marine services said on Twitter. A huge container ship blocking Egypt’s Suez Canal for nearly a
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Antonov delivers 370-tonne cargo
Antonov Airlines had to mine its expertise when it moved 370 tonnes of new machinery parts from Australia to Brazil. The cargo airline used three Antonov AN-124 aircraft to deliver the mining equipment, two pieces of which required specially designed frames.
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Pharma.Aero and HLA sign MoU
Pharma.Aero and HLA have established a formal basis of collaboration by signing a Memorandum of Understanding (MoU). This collaboration will enable both organisations to combine forces in strategic projects that will improve quality in global air cargo industry, with a focus
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Asia-Pac air traffic remains depressed in February
Air traffic in the Asia Pacific region has remained depressed in February this year. New figures released by the Association of Asia Pacific Airlines (AAPA) shows that the region’s airlines carried only 1.2 million international passengers during the month – just
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Yang Ming upbeat due to high shipping rates
Yang Ming Marine Transport Corp gave a rosy outlook for the first half of this year on expectations that container shipping rates would remain high. A combination of a shortage of empty containers and traffic congestion at ports worldwide due to
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Lufthansa Cargo opens carbon neutral route
Lufthansa Cargo and DB Schenker are to launch the first regular carbon neutral cargo flight route, operating between Frankfurt and Shanghai. The fuel requirements on the flights are covered entirely by Sustainable Aviation Fuel (SAF), which are estimated to save around
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Dronamics launches cargo drone airline
Dronamics, a developer and operator of large cargo drones, has announced the launch of Dronamics Airlines with companies in Ireland, Australia and Canada that will manage the airfreight operations for same-day delivery services with its proprietary unmanned cargo drone –
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MNG Airlines signs up for A330P2F
MNG Airlines has signed a contract with Elbe Flugzeugwerke GmbH (EFW), joint venture of ST Engineering and Airbus, for the passenger-to-freighter (P2F) conversion of two Airbus A330-300 aircraft. The first A330 aircraft was inducted for conversion on 1 April, while conversion for
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Seaspan orders 15,500 TEU container ships
Seaspan Corporation (Seaspan), a wholly owned subsidiary of Atlas Corp. (Atlas), has entered into an agreement with a major shipyard for six 15,500 TEU modern new build container ships. The six high-quality 15,500 TEU containerships will be scrubber-fitted and include industry-leading
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America’s imports floating just off Los Angeles
The giant container ship that blocked the Suez Canal for six days was freed, but another bottleneck in the supply chain remains, this one in Southern California. On Monday morning, 24 container ships—with a combined maximum carrying capacity nearly 10 times
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Drewry: World Container Index 220.2% higher than last year
The composite index inched up 0.2% or $12 this week, and also, remains 220.2% higher than a year ago. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,139 per 40ft container, which is $3,381 higher than
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UPS adds electric cargo aircraft to fleet
UPS plans to add electric Vertical Takeoff and Landing (eVTOL) aircraft to its air fleet. The aircraft will take off and land in a whisper-quiet fashion, reducing time-in-transit, vehicle emissions, and operating cost. The aircraft will be purchased from Beta technologies
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Amazon expands relationship with Cargojet
Amazon has expanded its existing commercial relationship with Ontario-based freighter operator Cargojet through a deal to operate two Boeing 767-300 freighter aircraft on behalf of the e-commerce giant. Cargojet expects the agreement to generate additional revenue growth to Cargojet’s earnings and
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IAG Cargo celebrates 10-year milestone
IAG Cargo has celebrated its 10-year anniversary this month, as it marks a decade of transporting vital shipments safely and efficiently for customers across the world. IAG Cargo was created in 2011 following the merger of British Airways World Cargo and
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Southwest Airlines Cargo earns top award
Southwest Airlines Cargo is being honoured for its consistent work delivering outstanding service for its customers in 2020. The carrier was recently named the Airforwarders Association’s domestic airline of the year for the 12th consecutive year. The Airforwarders Association ranked Southwest Airlines at the
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TIACA calls for action on critical challenges
The International Air Cargo Association (TIACA) called for action to address critical challenges being faced by the air cargo industry. The organisation has completed a year long transformation program which has created a forward-looking association well positioned to unite and represent
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Container carriers adopt DCSA standards
The world’s largest container carriers have adopted DCSA Track & Trace (T&T) standards with a commitment to providing customers access to the standards-based API. The DCSA T&T API provides a streamlined way for shippers to receive real-time, cross-carrier data regarding the
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Suez Canal may expand southern channel
The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said. It is also looking into procuring cranes that could potentially offload cargo at heights of up to
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Stolt Tanker trials marine biofuel
Stolt-Nielsen subsidiary Stolt Tankers is teaming up with alternative fuels pioneer GoodFuels to trial the use of marine biofuel. The biofuel, produced from feedstocks, such as used cooking oil, tallow and waste animal fats, will be used on board the 37,000
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DP World Southampton secures £40m investment
DP World has announced that Southampton, Britain’s second largest container terminal, will benefit from a £40 million programme of investment in 2021 designed to take it up to the next level as a premier international freight and logistics hub. The new
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Adani Ports ups stake in Krishnapatnam Port
Adani Ports and Special Economic Zone Ltd. (APSEZ) has acquired the remaining 25 percent in Adani Krishnapatnam Port Ltd, increasing its stake from 75 to 100 percent. Krishnapatnam Port is located on the east coast of India in Nellore district of
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Shell invests in SAF company
Shell has invested an undisclosed sum into Sustainable Aviation Fuel (SAF) LanzaJet. The investment comes as LanzaJet continues its work to build the first Alcohol-to-Jet (AtJ) facility, a commercial-scale plant (10 million gallons per year capacity) in Soperton, Georgia, US. Freedom Pines
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Brussels Airport gets new logistics building
After two years of construction work, a new logistics building for the handling of goods was officially opened in the logistics area at Brussels Airport. This building which provides large refrigerated storage spaces and offers direct airside access, accommodating three first-class
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DHL Group reports strong Q1 results
Deutsche Post DHL Group annoucned results for the first quarter of 2021 and has raised its outlook for the current financial year. Preliminary operating profit (EBIT) for the first three months improved to around € 1.9 billion (Q1 2020: €592 million).
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MSC launches new Asia – Europe connection
To mitigate the impact of the Suez Canal blockage MSC is launching a new intermodal rail freight option connecting Europe and Asia. This new offer will combine both sea and rail service departing from China, Korea and Japan to Europe, via
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CMA CGM to use biomethane as a fuel
CMA CGM Group has launched a low-carbon shipping offer utilising biomethane as a fuel. The company has supported the production of 12,000 tonnes of biomethane – equivalent to a year’s fuel consumption by two 1,400 twenty-foot-equivalent (TEU) ships. The green gas
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HIT launches reefer monitoring system
Hongkong International Terminals (HIT) has the launched a remote reefer container monitoring system, establishing 24/7 remote management of refrigerated containers. The initiative allows greater visibility and accuracy on container conditions such as temperature, humidity and CO2 level, aiming to enhance the
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Port of Felixstowe enhances deep-water berth
Hutchison Ports Port of Felixstowe has further enhanced its deep-water berth capacity following the successful completion of strengthening and dredging works to Berth 7 on Trinity Terminal. Berth 7 – one of the Port of Felixstowe’s nine container berths – has
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KLM Cargo introduces cargo seat bags
KLM Cargo has partnered with its long-time Cargo equipment supplier Trip & Co to design a user-friendly, easy-to-install quality product. Basing its design on KLM’s considerable Cargo in Cabin experience, Trip & Co has produced the tailor-made Cargo Seat Bag (CSB).
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Suez Canal blockage exposes supply chain risks
International freight transport and logistics insurer, TT Club has alerted supply chain operators to the consequential impact of disruption stemming from recent blockage in the Suez Canal and urges a greater emphasis on resilience. Global supply chains already strained by the
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RVL adds Saab 340B to cargo fleet
RVL Aviation has added a second Saab 340B aircraft to its East Midlands Airport-based fleet, to meet the increasing cargo payload needs of the airline’s national and international logistics customers. The first Saab joined RVL in January and the second arrived
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Hapag-Lloyd signs $550m order for containers
Hapag-Lloyd has ordered 150,000 TEU from China – both dry boxes and state-of-the-art reefer containers, roughly $550 million – making it one of the biggest container orders in the history of Hapag-Lloyd. Some of the boxes were already delivered to Hapag-Lloyd and integrated into
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Port of Los Angeles posts 113% jump in volumes
The Port of Los Angeles registered a 113% jump in container volumes for March, compared to the same period 2020 when global trade slowed to a crawl after the onset of the COVID-19 pandemic. “As more Americans get vaccinated, businesses reopen
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Turkish Cargo signs up to WebCargo
Turkish Cargo will soon provide forwarders around the world with the ability to conduct real-time eBookings, access live rates, and see available air cargo capacity through WebCargo, a Freightos Group company. This provides critical agility as air cargo contends with unexpected
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Panama Canal delays increase in transit fees
The Panama Canal Authority (ACP) has delayed an increase in canal transit fees following calls from the shipping industry to reconsider the rate hikes amid a spate of global supply chain disruptions. The higher rates for the canal’s transit reservation system
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Etihad Cargo lists on CargoWise
Etihad Cargo has advanced its international digital booking reach through a new partnership with WiseTech Global Limited, enabling the carrier to list its airfreight capacity on cloud-based digital air cargo platform CargoWise. Martin Drew, senior vice president sales and cargo, Etihad
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Leipzig reports growth in air freight
Freight volumes at Leipzig/Halle Airport, Europe’s fourth-largest air cargo hub, rose by 20.9% to a figure of more than 359,000 tonnes during the first quarter of this year. The German airport saw air cargo demand increase by 20.9% year on year
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Brussels Airport reports cargo up 41%
Brussels Airport has reported an increase of 41% in cargo volume for March 2021, compared to the same period in 2020. The growth meant that the airport handled 74,000 tonnes of cargo while full cargo traffic grew by 73% with the
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SeaCube to digitise 2,000 reefer units
SeaCube Containers LLC and Carrier Transcold have announced a strategic refrigerated asset management systems platform engagement. The engagement will see SeaCube become the first intermodal equipment leasing company to incorporate Carrier’s Lynx Fleet solution into its fleet with an initial deployment
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Maersk halts buying of ships without zero carbon capability
One of the world’s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, a top company official said late April 20. “Going forward, we will only order
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AirBaltic builds cargo hub at Riga Airport
AirBaltic is to build a new cargo hub at Riga Airport following the signing of a new land reservation agreement with Latvia’s Riga Airport. The new Baltic Cargo Hub will measure 6,000m squared, making it the largest air cargo handling facility
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Koppert signs up to sustainable aviation fuel
Koppert Biological Systems and Air France KLM Martinair Cargo (AFKLMP Cargo) have entered into a partnership as part of the airline’s sustainable aviation fuel (SAF) programme. Under the partnership, AFKLMP Cargo will use SAF on selected international cargo flights carrying Koppert’s
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US to curb climate-warming emissions from shipping
The United States will join an effort by the International Maritime Organization (IMO) to achieve net zero emissions by 2050 in the global shipping industry, climate envoy John Kerry announced on Tuesday ahead of a climate leaders summit President Joe
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Emirates restarts flights to Mexico City via Barcelona
Emirates has announced it will resume four weekly services to Mexico City (MEX) via Barcelona (BCN) from 2nd July 2021, re-opening connectivity and boosting trade and tourism while providing customers worldwide with more connectivity, convenience and choice. The service will also
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Genco to acquire Ultramax vessel
Genco Shipping & Trading Limited has announced that it has entered into an agreement to acquire a 2016-built 64 000 DWT Ultramax vessel constructed at Zhejiang Yangfan shipyard in China. The vessel, to be renamed Genco Enterprise, is expected to be
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Port of Leixões targets zero emissions by 2035
Portugal’s Port of Leixões is aiming to become the first port in Europe with zero emissions by 2035. Throughout this year, the Port Authority of Leixões (APDL) will present its Energy Transition Roadmap, which should guide concrete actions aimed at making Leixões one
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Port of Antwerp reports stable Q1 results
The Port of Antwerp reported total throughput for the first quarter stable at 59.1 million metric tonnes, compared to the same period last year. Container throughput grew by 0.6 percent (metric tonnes) and 2.3 percent (TEUs) in the first quarter of
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MASIL JV starts operations in Baghdad
Menzies Aviation’s joint venture (JV) with Iraqi Airways – MASIL – has begun cargo operations at Baghdad International Airport MASIL, a joint venture between Menzies Aviation, Iraqi Airways, Air BP Limited, and Al Burhan Group, began operations at Baghdad International Airport
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Dronamics signs up German airports
Dronamics has signed up its first three German airports to its European network that will see cargo drones fly between them. The company, which is developing drones capable of carrying up to 350kg of cargo up to 2,500km, said the latest
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SFCT nears completion of upgrade
South Florida Container Terminal (SFCT) is nearing completion of its three-year modernisation project to prepare for future growth. The project focused on transforming the land into a more sustainable operation with new, electric rubber tire gantry (RTG) cranes and added
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MSC rolls out e-Bills of Lading
MSC has launched a new digital solution for processing the Bill of Lading (BL) online. The solution aims to ensure that all the parties involved in a cargo shipment booking can issue, transfer, endorse and manage the bill of lading
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CMA CGM orders 22 container ships
French container shipping group CMA CGM has ordered 22 ships from China State Shipbuilding Corporation (CSSC) Group. All the vessels under order are either powered by liquefied natural gas (LNG) or very low sulphur fuel oil (VLSFO), with deliveries planned between
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United Airlines expands India relief efforts
United Airlines has expanded its efforts to support those impacted by the Covid-19 crisis in India with the launch of a new online fundraising campaign. Customers can donate to the airline’s relief partners: Airlink, Americares, GlobalGiving Foundation and World Central Kitchen. United is offering
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Montreal port says work to resume
Striking dockworkers at Canada’s second-biggest port will gradually return to work, according to the Montreal Port Authority (MPA). The Canadian government has passed legislation which makes it illegal for dockworkers at the Port of Montreal to continue their strike, although the
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Lufthansa rolls out sharkskin technology
AeroSHARK, a surface film that mimics the fine structure of a shark’s skin, is to be rolled out on Lufthansa Cargo’s entire freighter fleet from the beginning of 2022, making the aircraft more economical and reducing emissions. The surface structure consisting
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Port of Rotterdam investigates hydrogen supply chains
The Port of Rotterdam together with German steel companies thyssenkrupp Steel and HKM is to investigate setting up international supply chains for hydrogen. In the course of their transformation paths towards climate-neutral steel making, thyssenkrupp Steel and HKM are going
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Maersk posts strong results for Q1 2021
A.P. Moller – Maersk reported an exceptionally strong start to the year, with strong earnings and growth momentum across all its businesses in ocean, port services and logistics. Strong demand coupled with significant operational challenges such as bottlenecks, lack of
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Cargolux posts record profits for 2020
Cargolux posted record net profits of $768.7m for 2020 as the drop in bellyhold capacity increased demand for all-cargo aircraft. The outlook for 2020 was originally quite bleak with production halted in China, due to the outbreak of what ultimately resulted
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Skyport gets new owners
Prague based Skyport has been acquired by infrastructure investment firm Ventus and Singapore company Sky Logistica Pte Ltd. Skyport is the leading cargo handler at Prague Airport in the Czech Republic and also has operations in Bratislava and Košice, both in
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South Korea container ports report Q1 volumes up
The volume of container cargo processed at South Korea’s seaports rose 1.3 percent on-year in the first quarter of 2021, according to the country’s Ministry of Oceans. Container cargo processed at the seaports reached 7.29 million twenty-foot-equivalent units (TEUs) in the
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Wärtsilä and Tanger Med to co-develop new PMIS
Wärtsilä has partnered with Tanger Med, the largest Mediterranean and African container port, to take a new step forward in global port efficiency by co-developing a new cutting-edge port management information system (PMIS). Both organisations sealed their long-term commitment to deploy
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AD Ports expands vaccine supply chain solution
In a move designed to enhance the UAE’s COVID-19 vaccine supply chain, Abu Dhabi Ports has announced the acquisition of 11 new specialised refrigerated vehicles by its subsidiary, MICCO Logistics. The acquisition, which is part of a broader strategy to expand
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ACL adds 150 reefer containers to fleet
Atlantic Container Line (ACL) is adding 150 new containers with Carrier Transicold PrimeLine refrigeration and Lynx Fleet, a digital monitoring system, to its fleet. The units will be placed into service on trade routes between western Europe and the United States. Maurizio
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Impact of Covid-19 on container freight and global trade
The pandemic has caused a serious health and social crisis, as well as an economic turmoil, but for some container carriers, this is also a time of opportunity. Unforeseen profits, freight congestion, freight rate inflation, accelerating fleet expansion - this
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Silk Way West Airlines expands fleet
Silk Way West Airlines has expended its aircraft fleet with the signing a purchase agreement for five Boeing 777 freighters. This is the first order for Boeing 777 freighters in the Central Asia and Caspian region. The Boeing 777F is the
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Container transport industry on the verge of new profitability
It is no secret that the pandemic has created chaos for retailers and manufacturers trying to balance supply and demand. A recent study “The Shipping Crisis” shows that retailers and manufacturers have found it increasingly difficult to keep store shelves
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9 tips for successful freight shipping
If you are new to freight shipping or have some questions on how to manage your logistics needs properly, we have pulled together nine tips for successful freight shipping. Freight transit time is an estimate: when a client asks, ‘when
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Skid vs. pallet – what is the difference?
If you are planning a freight shipment, there are factors to consider based on what you are shipping and the materials you have available. To start preparing your freight shipment, you may ask yourself what is the difference between a
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Changes to European Union (EU) VAT Rules
The European Union (EU) made some important changes to its Value-Added Tax (VAT) rules, which came into effect July 1, 2021. These rules apply to any shipment of goods going into the EU. While these reforms primarily target business-to-consumer (B2C)
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The future of intermodal transport and multimodal logistics
Intermodal transport and multimodal logistics are concepts that are increasingly appearing both in studies by logistics experts and on the agenda of the European Economic and Social Committee. It is often said that making modes of transport complementary is a
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Modular onshore beacons reduce logistics costs
Logistics in marine works are frequently more expensive than the equipment installed. This is certainly true with marine aids to navigation (AtoN) equipment in locations with difficult access. In some cases, the financially unpalatable proposition of placing equipment with helicopters is
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Report reveals commitment to sustainability
A new research report titled ‘Serious About Sustainability’, reveals where sustainability sits on the maritime sector’s priority list. The report from Trelleborg’s marine and infrastructure operation covers key business drivers for sustainability and what actions are having the most immediate impact.
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Unlimited changes to onboard connectivity
Satcom Global recently launched of AuraNow, a maritime VSAT solution promising simultaneous access to high performance bandwidth along with significant cost savings. According to Satcom Global, for the very first time, vessel managers and owners will be empowered to make unlimited
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Demand grows for hire equipment
Demand is growing for short and mid-term use marine hire equipment that doesn’t involve the costs and maintenance of brought equipment. Dynamic Load Monitoring (DLM) is continuing to invest in its hire equipment, such as its running line monitors (RLMs), to
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What is the Cheapest Way to Ship for a Small Business?
Keeping the cost of logistics low is important for small businesses. Whether you’re looking to expand your customer base or simply offer shipping services to existing customers, you need to know how you can ship affordably. Implementing a shipping strategy
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Are we ready for future logistics and supply chains?
The pandemic has led to significant changes in various sectors, including logistics, prompting many companies to adopt more sustainable and responsible solutions. Technology is playing an increasingly important role in ensuring uninterrupted supply chains, even in challenging conditions. Future logistics
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Healthy order books for tug builders
Shipyards are experiencing a busy period with the awarding of five contracts to report, three involving multiple vessels making a total of 15 newbuilds on their way. Top of the numbers league is the design office of Merré who according to
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A busy year in floating scaffolding
A year ago an innovative new system called ScaffFloat was launched into the market, combining custom plastic floats with standard scaffold components. The modular and cost-effective structural system can make pontoons, lifting barges and temporary workboats that are available to hire
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Efficiency optimisation tool
Vessel Performance Solutions’ Vesper efficiency optimisation tool is now available on Kongsberg Digital’s Kognifai Marketplace. Vesper is a tool developed by Vessel Performance Solutions (VPS) for optimizing operational efficiency through advanced modelling and analytics. Vesper supports current environmental reporting such as
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Energy harvesting smart buoy prototypes
Nagasaki University and Kyocera Corporation have announced their joint development of an Energy Harvesting Smart Buoy. The new technology combines Nagasaki University's tidal current power generation technology with Kyocera's IoT technology to collect reliable ocean data. Prototype buoys can collect a wide
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Electrification not enough to meet net zero target
A new forecast of the energy transition from DNV has warned that even if all electricity was ‘green’ from this day forward, the world will still fall a long way short of achieving the 2050 net zero emissions ambitions of
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Offshore floating solar project first
Bureau Veritas has given Approval in Principle (AiP) to an offshore floating solar technology for the first time. The AiP was given to Dutch renewable energy company SolarDuck for its offshore floating solar solution ‘King Eider’, designed to help meet zero
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Decarbonization stairway
Classification society DNV has released its latest Maritime Forecast to 2050, part of the Energy Transition Outlook (ETO) suite of reports. Conceived to help shipowners navigate the technologies and fuels needed to meet global greenhouse gas (GHG) targets, the report features
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Are ECDIS systems being used correctly?
An investigation of recent vessel groundings has led Danish and UK authorities to ask searching questions about current ECDIS training and system design. In investigations of groundings since 2008 in which Electronic Chart Display and Information Systems (ECDIS) were the primary
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Meeting bandwith demands of remote vessel surveys
Lloyd’s Register and Inmarsat have announced an industry-first collaboration that will address challenges experienced during remote surveys. The new solution uses LR Remote, a specifically engineered application for remote inspection that enables crew members to livestream video, photos and audio from
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Peak Shipping Season: How to Prepare Your Business
Are you ready for the peak shipping season? To take full advantage of the increased sales opportunities during the holiday retail season (representing a significant portion of annual sales for most businesses), you need to be well prepared for increased
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Replaceable battery containers save recharging time
A rapidly switched over battery container solution will enable inland waterway vessels to operate with zero emissions and no range anxiety. The first order, comprising three units, was placed by ZES (Zero Emission Services) BV, a Netherlands based company founded in
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Marine radio with smartphone control
A new marine radio with smartphone control will help make communications management easier than ever. Icom UK's IC-M510 VHF/DSC marine radio offers smartphone control using the RS-M500 app (iOS/Android). “Up to three smartphones can act as remote controllers via the radio’s WLAN.
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Hydrogen central to Orkney’s bold decarbonisation plan
The £2.2 million HIMET (Hydrogen in an Integrated Maritime Energy Transition) project in Orkney will explore solutions for decarbonising ferries as well as shore-side activities. It is one of 55 projects selected for funding under the Department for Transport’s flagship Clean
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5kg fire extinguisher cabinet
A new IP56 ingress rating fire extinguisher cabinet is set to launch in September. The JB84 cabinet from Jo Bird is designed to store the vast majority of 5Kg CO2 portable fire extinguishers as well as taller 12Kg/litre fire extinguishers. The overall
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Digital twin development will aid hydrogen moves
IOTICS is creating a digital twin of Portsmouth International Port as part of an ambitious £1.5m project to demonstrate an achievable modular green hydrogen generation system within the Port. The Shipping, Hydrogen & Port Ecosystems UK (SHAPE UK) project is part
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Tackling underwater noise pollution
Sinay is helping tackle underwater noise pollution in the Mediterranean Sea. The company uses Artificial Intelligence (AI) to identify the noise level produced by humans which negatively affects marine life. The Sinay Hub dedicated Underwater Acoustics Module is a single digital
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Foiling ferry developer proposes CTV
Grant funding has been awarded to investigate the feasibility of fully electric foiling crew transfer vessels for the offshore wind industry. A study, led by Northern Ireland maritime design and applied technologies company Artemis Technologies has been awarded £533,000 to investigate
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12,000 mile test bed for hybrid powered CTVs
MHO-Co’s two new crew transfer vessels– ‘MHO Asgard’ and ‘MHO Apollo’ – have been put through their paces, having travelled from China to Denmark. The 12,000 nautical mile journey was a voyage of discovery for Volvo Penta and Danfoss Editron, with
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AI will improve vessel efficiency
Lloyd's Register has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning. The acquisition will be integrated and managed by i4 Insight, a subsidiary of Lloyd’s Register. i4 Insight, part of LR's Maritime Performance Services
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Boluda cuts fuel and emissions
Boluda Towage Europe has cut its fuel consumption and CO2 emissions using innovative technology. In 2020, Boluda Towage Europe fitted out its Union Koala tug with C-Sense’s Eco Pilot fuel consumption monitoring system and one year on has cut Union Koala’s fuel consumption
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First Sonardyne navigator sale
Sonardyne has announced the first sale of its new SPRINT-Nav Mini navigator. Subsea technology specialist Seatronics has purchased the world’s smallest hybrid acoustic-inertial navigation instrument for its VALOR remotely operated vehicle (ROV), itself designed to be the smallest, most powerful and
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Wallenius Sol route expands
Shipping company Wallenius Sol is expanding one of its European route networks. The company will link Skelleftehamn in Sweden with Finland and Zeebrugge and Antwerp in Belgium, by including the Port of Skellefteå in its route network. The service will involve
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Unique Archimedes is finally in service
A diving support ship billed as “technically extremely complex” and unique to Europe has gone into service in Germany, reports Tom Todd. The German Waterways and Shipping Agency WSV invested €24.57 million in the 69.88m x 11.76m wide newbuild Archimedes, which is
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Automation solutions partnership
A new partnership aims to provide complete automation solutions from a single trusted source. Rolls-Royce and Sea Machines Robotics have announced a new collaboration that will deliver remote command, autonomous control and intelligent crew support systems to the marine market and
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Industrial hydrogen pioneer
The world's first industrial site for renewable green hydrogen production using wind turbines has been inaugurated. French hydrogen producer Lhyfe said its plant in Bouin (Vendée), France is now producing the first renewable green hydrogen in the world made using an
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Alicat wins world first contract
UK shipbuilder Alicat has been selected to build the world’s first hybrid powered daughter craft fleet. Great Yarmouth-based Alicat has been awarded North Star Renewables’ initial multi-million-pound contract to bring its first two daughter craft to the renewables market. The vessels
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French ports combatting vessel surging
In order to offer optimum service to its customers during their calls at Le Havre, Haropa Port has installed a ShoreTension system. Ships regularly have difficulty in keeping securely alongside quay, a problem known as ‘surging’, which refers to back and
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Solar continuity
In a recent blog post, John Caskey of Hydrosphere has suggested that the recently accelerated move towards zero carbon shipping could also herald significant investment in Aids to Navigation. A team of researchers from the Maritime Research and Innovation UK (MarRI-UK)
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First offshore wind underwater substation
An offshore wind developer has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. Aker Offshore Wind said its sister company Aker Solutions would develop, manufacture, and supply the multi-million subsea project
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100% vessel recycling shows UK ambition
The decommissioning of ‘Oceanic Pintail’ in Scotland has ‘set the standard others must follow’ after 100% of the 3,865-tonne specialist nuclear vessel was recycled. Nuclear Transport Solutions (NTS), which operated Oceanic Pintail, set Dales Marine Services the challenge of ensuring 98% of
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Lightweight sterngear for a greener planet
A UK marine propulsion specialist company is partnering with the National Composites Centre to design lighter, more sustainable propulsion systems. The CAPSULE project is a feasibility study aimed at adapting composite material technology developed for the aviation industry to the marine
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Spanish/ German decarbonisation partnership
The president of the Port Authority of Valencia Aurelio Martínez, has held a working meeting with the president of the Hamburg Port Authority Jens Meier. Both institutions have drawn up a common roadmap to work in a coordinated manner in key
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Falcon aids Turkish operations
Saab Seaeye’s Falcon portable underwater vehicle will aid marine operations in Turkey. Turkish marine operations company, ARAS Marine will use the Falcon to support the wide range of projects it undertakes in both International and Turkish territorial waters. These projects range
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Tidal mooring deal
A mooring solution will help the world's first floating tidal energy array perform well. This year, Scottish renewable energy firm, Sustainable Marine will deliver the first development phase of the Pempa’q In-stream Tidal Energy Project, located in the Bay of Fundy
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Autonomous freight transport – by sea and on land. Is the future as bright as it looks?
Many technology experts unanimously acknowledge that autonomous transport is the inevitable future of freight transport. This is also evidenced by the fact that in recent years, more and more countries around the world are beginning to take the first steps
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National economies are blooming – what difficulties does this create for sea freight carriers?
It is no secret that the rapid rise in demand and the closure of ports due to COVID-19 in the early stages of the pandemic developed cargo ship congestion in ports in Europe, China, and elsewhere in the world. After
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US Regulator Expects to Find Abuses in Shipping Amid Supply Chain Woes
The head of a U.S. commission that oversees ocean transportation said in an interview on Tuesday he suspects some ocean carriers have improperly charged importers, one of many factors driving supply chain woes. A broad range of companies importing goods have
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Maersk Says Port Delays Will Stretch into New Year
The chaos that has bedeviled global supply chains in recent months will extend into next year, with a lack of truck drivers preventing hundreds of container vessels from offloading goods around the world, shipping group Maersk said. “The whole system has
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ABB and Hyundai Global Service Offer Engine Optimization to Cut Ship Emissions
Hyundai Global Service (HGS), the aftercare division of shipbuilder and engine maker Hyundai Heavy Industries, has teamed up with ABB Turbocharging to offer an engine part-load optimization (EPLO) service for shipowners seeking to cut emissions in line with the International
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IMO Creates International Day for Women in Maritime
The International Maritime Organization (IMO) Council, meeting from November 8-12, established an International Day for Women in Maritime, to be observed on May 18 every year. Once adopted by the IMO Assembly in December 2021, the observance will celebrate women in the
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Countries Agree to Create Green Shipping Lanes in Pursuit of Zero Carbon
A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonization of the global maritime industry, officials involved said. Shipping, which transports about 90%
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OpEd: Why We Must Assess Shipping’s Route to Decarbonization
Despite transporting roughly 90% of the world’s cargo, the shipping industry has so far been underrepresented in the global decarbonization discussion. This rhetoric is however changing. For the first time in history, shipping was officially on the agenda at the
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China Issues Additional LSFO Quotas for 2021
China has issued new export quotas for the export of low-sulphur fuel oil (LSFO) used to power ships and for other refined fuels such as gasoline and diesel for the rest of 2021, according to a trading source and document
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US Retail Imports Near Record Pace Despite Port Congestion
Imports at the United States’ congested container ports are expected to remain at near-record levels for the remainder of the year as retailers rush to move merchandise from docks to shelves in time to meet the expectations of holiday shoppers,
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Maiden Voyage For World’s First Electric & Autonomous Container Ship – Yara Birkeland
Yara Birkeland, the world's first electric and self-propelled container ship has set off for its maiden voyage in the Oslo fjord in Norway. No Friday, today, the Norwegian Prime Minister was given a tour by the CEO of Yara, Svein Tore
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Shipping Rate Surge Threatens Global Economy Recovery, UNCTAD Says
A surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be hardest hit by a spike in import prices, U.N. agency UNCTAD said on Thursday. A surge
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Chinese Data Law Adds to Global Shipping Disruption
Ships in Chinese waters are disappearing from tracking systems following the introduction of a new data law in China, frustrating efforts to ease bottlenecks that are snarling the global economy, according to three shipping sources directly impacted. China's Personal Information Protection
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Baltic Dry Index Extends Losses as Vessel Rates Drag
The Baltic Exchange's dry bulk sea freight index fell for a fifth straight session on Wednesday to its lowest in more than five months, as rates slipped across all vessel segments. The overall index, which factors in rates for capesize, panamax
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White House Lauds Easing of Supply Chain Clogs, Cites Shipping Competition Concerns
The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in a global shipping sector dominated by three alliances of ocean
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Cargo Chat: Skyport’s Adamek on handling changes, future expansion
Cargo handlers have been bolstering their handling operations in order to meet the surge in airfreight prompted by the pandemic. To navigate potential backlogs and increased volumes at airports, handlers have utilized technology and employee training to increase operational efficiency.
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Top 10 Ship Owning Nations
Kicking off the New Year, VesselsValue has put together a list of the top 10 ship owning nations by fleet value in 2017. Greece - $84.079 billion Japan - $80.169 billion China - $68.333 billion Singapore - $38.052 billion United States - $34.432 billion Germany -
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Ship Recycling: What Goes Up, Must Come Down
The recent noteworthy drop in the Indian ship recycling market seems to have reverberated across the sub-continent recycling sector this week, as competing markets start to reverse their vessel offerings in near unison, according to GMS. Bangladesh has remained largely quiet
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Panama Maritime Authority, ClassNK Ink MOU on Cybersecurity
The Panama Maritime Authority has signed a Memorandum of Understanding (MoU) with Japan-based Class NK on cyber security. The Panama Maritime Authority, aware of the role that maritime transport represents and the risks it faces because of the technological growth on
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Climate-neutral maritime transport – a business choice or a survival strategy?
In recent years, more and more haulers have started to look at environmentally friendly transport and are moving towards the goal of becoming climate-neutral, or at least reducing the negative environmental impact of their operations. Company marketing teams are working
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World’s First Liquefied Hydrogen Carrier May Leave Japan this Month
The world's first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late this month though the return date has yet to be set due to COVID-19, Japan's Kawasaki Heavy Industries Ltd said
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World First: Kongsberg Launches Full-scale Hydrogen-based Propulsion System
Norway's Kongsberg has announced "a world first" by testing and verifying a full-scale, full-size, zero-emissions drivetrain powered by hydrogen fuel cells designed for ships and ferries. The project demonstrates that the technology is now mature for using hydrogen (H2) as an
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IATA warns knee-jerk Omicron reaction could hit cargo capacity
IATA has warned that cargo capacity could come under pressure if governments adopt a knee-jerk reaction to the Omicron variant. The airline association said that in October cargo tonne kms increased by 9.4% compared with 2019 levels, but added that capacity
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10 Tips for Optimizing Your Routes
With the rise in consumer demand for faster, more flexible, and greener fulfillment, supply chain managers are looking to route planning and optimization as a valuable area of focus. This list of tips covers three critical phases: planning (1 to 3),
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Forwarding market returns to growth led by air cargo
The freight forwarding market is expected to grow by double-digit percentage levels in 2021 compared with last year led by the air cargo sector. The latest market forecast from consultant Transport Intelligence (Ti) shows that the forwarding market (in total value
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Shipping Costs: Another Danger for Inflation-watchers to Navigate
Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic and fueling inflation well into 2023. Shipping rarely figures in economists' inflation and GDP calculations, and
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Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says
Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine Training (SMT). World leaders at the recent COP26 Summit in Glasgow,
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Air cargo continues to tackle transpacific ULD shortage
There are a variety of reasons for the ongoing ULD shortage and it is “extremely difficult” to predict how long it will persist, according to Frank Hung, vice president of sales and marketing for Descartes’ CORE Transport Technologies. Speaking exclusively to
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Moscow Eyes Ban on Foreign Ships Carrying Russian Fuel via Northern Sea Route
Russia is considering banning foreign vessels from shipping Russian energy cargoes via the Northern Sea Route, as well as from icebreaking and coastal navigation, the Kommersant newspaper reported on Tuesday citing a draft government resolution. The step, proposed by the Industry
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US Retail Imports Grow at Record Pace Despite Pandemic
Imports at the United States’ major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global Port
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First Ship Fit with ‘Seawing’ Kite Propulsion System
A French ro-ro ship will be the first commercial vessel to trial a novel wind-assisted propulsion system designed to curb emissions from shipping Airseas said it has installed its Seawing system on the vessel Ville de Bordeaux owned and operated by
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Troubled automotive sector hits demand at go-now carriers
Five go-now carriers are reporting a decline in demand over the last few months as a result of disruption to automotive supply chains. AVEM AERO, Flightline, Business Wings, RAF-AVIA and another anonymous carrier said that demand for urgent cargo was down
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Air cargo capacity climbs but rates remain high
Air cargo capacity continued to edge back towards 2019 levels at the end of November but strong demand and congestion has continued to push up prices on the transpacific. Figures from Accenture’s Seabury Consulting show that air cargo capacity in the
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Two Crew Members Missing after Danish and British Vessels Collide in Icy Baltic
Two Danish crew members of a capsized barge were missing in the freezing Baltic Sea on Monday after an overnight collision with a British vessel in a busy maritime route off Sweden. With the pair unlikely to survive long in water
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Israeli Ministry Won’t Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal
Israel's Environmental Protection Ministry said on Thursday that it would not allow oil tankers to enter its Red Sea resort of Eilat as planned under a deal with partners from the United Arab Emirates to transport crude from the Gulf
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The Push for “Green” Ships will Keep Ocean Freight Costs High
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say. Shipping, which transports about 90% of world trade and accounts for
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Digitalization: Simulating Cleaner Shipping
Technologies developed and deployed in pursuit of net zero bring environmental and societal benefits for shipping owners and operators to outweigh their own emissions. SIM is a technology with the potential to make a significant contribution to maritime decarbonization, writes Patrick
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How to ensure airports don’t become the next supply chain crisis
Brandon Fried, executive director of the US Airforwarders Association, looks at how air cargo hubs can avoid becoming supply chain bottlenecks. As 2021 draws to a close, forwarders and their customers are staring down one of the most stressful business environments
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Dry Bulk: Capesize Rates Hit Lowest in Seven Months
The Baltic Exchange's dry bulk sea freight index declined on Wednesday, pressured by lower rates across the capesize vessel segment, recording its lowest level since June. The overall index, which factors in rates for capesize, panamax and supramax vessels, lost 65
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The three main trends in logistics and freight in 2022
2021 is almost over. This year, like 2020, has been a time full of challenges for the logistics industry. Many in the industry have been trying to match supply the demand while struggling with labor shortages, COVID-19 and long queues
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2021 in Review: The Dry Bulk and Tanker Markets
Copyright aerial-drone/AdobeStock The Signal Group offers an exhaustive overview of the trends in the dry bulk and tanker markets that both defined 2021, and offer a glimpse as to what might be in store for 2022 and beyond. The report is
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Heavy lift looks to recovery from pandemic pressures
Industry stakeholders are somewhat optimistic about the future of heavy lift, although pandemic challenges remain, writes Michael Mackey. The heavy lift sector is looking forward to getting back to normal post-pandemic, although there is a debate about what that future will
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Old Processes Impede New Inventory Strategies
Few businesses use new technologies to tackle supply chain issues caused by the pandemic due to tighter costs and dependence on legacy work processes, says a recent survey from intelligence platform Verusen. This results in lost revenue and increased inventory
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Air cargo faces up to an increasing number of turf invaders
The airfreight market is becoming more crowded and traditional operators face new competition, writes Ian Putzger. The phalanx of freighter operators has grown to include some unexpected names – CMA CGM, Maersk, Amazon and Mercado Libre. Amazon’s fleet of leased or outright
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Size Not the Main Goal, Shippers Say, as MSC Overtakes Maersk
Swiss-based container group MSC has overtaken Denmark's Maersk as the world's biggest shipper, the company said, confirming data from intelligence provider Alphaliner. After taking delivery of several ships last year, MSC or Mediterranean Shipping Company has capacity to move the equivalent
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EU Shipping Plan Leaves Millions of Tons of CO2 Unregulated
European Commission proposals to bring shipping into the bloc's carbon market contain exclusions for small commercial and military vessels that would leave millions of tonnes of CO2 emissions unregulated, an NGO study showed on Thursday. With about 90% of world trade
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Air cargo growth slowed “significantly” in November
Air cargo growth slowed in November as supply chain issues affected demand, according to airline association IATA. The group’s latest figures show that air cargo demand in cargo tonne km (CTK) terms in November increased by 3.7% compared with 2019 levels
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Indonesia Allows 37 coal Ships to Depart as Export Ban Eased
Indonesia allowed 37 loaded coal vessels to depart on January 13th in the strongest sign yet that the world's biggest thermal coal exporter is relaxing a ban on shipments of the fuel. A senior cabinet minister said in a statement the ban
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Air cargo demand in Asia remains resilient
The air cargo market in Asia remained resilient in November with volumes continuing to grow compared with 2019 levels. The latest statistics from the Association of Asia Pacific Airlines (AAPA) show that during the month cargo demand at the region’s airlines
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Technology to Ship Hydrogen Ready by 2025, KSOE Says
Korea Shipbuilding & Offshore Engineering (KSOE) expects to have the technology to transport hydrogen by ship by 2025, an executive said, targeting a breakthrough in supplying a fuel touted by supporters as offering a major source of clean energy. The development
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More Shuttle Tankers Needed, Rystad Says
More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said. Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are
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Suiso Frontier: World’s First Hydrogen Tanker to Ship Test Cargo from Australia to Japan
Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the world's first liquid hydrogen carrier from near Melbourne to Kobe on Friday, in a test delayed by nearly a year because of the COVID-19
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The Big Challenges for Supply Chains in 2022
In the run-up to Christmas, there was considerable anxiety about shortages of festive food and gifts. Trade friction was already at the core of the Brexit debate, and supply chain issues have been made much worse by the COVID-19 pandemic. For
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Singapore Remains World’s Top Maritime Hub
Singapore has held onto its spot atop the list of the world's best maritime cities, according to a recent report from classification society DNV and Menon Economics. The 2022 edition of the Leading Maritime Cities (LMC) report launched Thursday provides fresh
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World’s First: Fully Autonomous Ship Navigation Systems Tested on Coastal Ferry in Japan
The Nippon Foundation, Mitsubishi Shipbuilding, and Shin Nihonkai Ferry Co., Ltd. have informed they've completed a demonstration test of what the companies say is the world’s first fully autonomous ship navigation systems on a large car ferry, conducted on the
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How congestion of cargo ships influences air freight
Logistics is like a chain - if one of its links is broken, it affects the whole chain. The same has happened with cargo ship congestion in the world's major ports. They have led to problematic situations not only in
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Rotor Sails: The Compelling Decarbonization Solution
Global supplier of wind propulsion, Anemoi Marine, believes Rotor Sails - which are unique, tall cylindrical sails that can be installed on the deck of commercial vessels - offer an immediate and compelling solution for shipowners working to reduce vessel
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How a Russian-Ukraine Conflict Might Hit Global Markets
A potential invasion of Ukraine by neighboring Russia would be felt across a number of markets, from wheat and energy prices and the region's sovereign dollar bonds to safe have assets. Below are four charts showing where a potential escalation of
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Planes, Trains and Ships: Criminal Antitrust Enforcement Speeding Up for Transportation Sector
The Biden administration recently issued a sweeping Executive Order [1] aimed at protecting and enhancing competition, and the transportation sector—including air, ocean, and rail—is among the industries specifically identified and likely to see heightened antitrust scrutiny under the new directives.
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Baltic Dry Index Slides for 12th Day
The Baltic Exchange's dry bulk sea freight index fell for a 12th straight session on Monday, hurt by declining capesize rates. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 24 points, or 1.7%, to 1,391,
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Collaboration Crucial for Decarbonization -MSC CEO
The CEO of container shipping giant MSC highlighted the importance of working together to achieve net decarbonization in a digital keynote speech at DNV’s ‘Fuel of the Future Conference’ on January 11, as part of the annual Nor-Shipping convention. In his
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Outlook 2022: Another challenging year for air cargo
With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports. Around September last year, the air cargo industry was
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Core Power: Decarbonizing Shipping With Nuclear-powered Offshore Ammonia Production Plants
Advanced nuclear energy technology company Core Power is working on a concept for an offshore facility that combines advanced nuclear power with an offshore ammonia production facility, which would enable affordable production of green ammonia for shipping. "The production of green
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Air cargo rates to stay high as challenges remain
Strong air cargo rates are set to continue but capacity and ground handling challenges will continue. This was the takeaway from the World Cargo Summit’s Air Cargo Market Update & Outlook, which focused on the market outlook for 2022 and beyond,
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Putzger perspective: The challenge of finding cargo capacity
As the industry battles with the latest wave of disruption from Covid-19 traditional thinking and practices are becoming redundant, if not outright liabilities, writes Ian Putzger. The Omicron virus may be less deadly than prior variants of the virus, but it
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2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders. James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022. He highlighted ongoing issues in ocean shipping,
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New digital air cargo technical specifications guidance
The UN’s International Civil Aviation Organization (ICAO) and the United Nations Economic Commission for Europe (UNECE) have completed new digital air cargo technical specifications guidance. The new guidance is designed to help to accelerate the transition towards safer and more resilient
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Why Should Shipping Come Under the EU’s Carbon Trading System?
The European Commission has proposed adding shipping to the bloc's carbon market for the first time, in a move that is set to shake up the industry after years of avoiding pollution charges by the bloc. But already there is disagreement
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The Time to Reduce Port Emissions is Now
Port operations across the country are vital to America’s economy, often coming at a cost to health and welfare of neighboring communities—notably, by emitting harmful emissions and producing poor air quality. Incorporating propane can help ports support economic growth while safeguarding
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How Manufacturers Can Navigate Global Supply Chain Upheaval
Supply chains have been teetering on the brink of downfall for many years from issues such as labor shortages, and the pandemic has only highlighted this problem further. When lockdowns started around the world, many empty shipping containers remained where
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Supply Chain Chaos to Boost Maersk 2022 Profit
Shipping group Maersk expects 2022 earnings to be around as high as last year, it said on Wednesday, as the supply chain disruption that sent freight rates soaring extends into the first half. It expects underlying earnings before interest, tax, depreciation
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The Relationship Between Supply Chain Resiliency and Sustainability
Companies with robust sustainability programs learned supply chain resiliency is an inevitable side effect of those initiatives. Here's how sustainability supports resiliency. The COVID-19 pandemic shined a spotlight on the frailty of the global supply chain. As a result, business leaders
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Key Habits of Highly Effective Cold Chain Shippers
Maintaining optimum conditions for temperature-sensitive cargo takes experience and know-how. Here are four attributes of effective and reliable cold chain shippers. The North American cold chain market is expected to reach $118.55 billion by the end of this year, with industries
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From the Science Lab: Clean Energy Projects that Could Impact Maritime
As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer promise in helping the maritime industry meet its decarbonization goals. Makai Ocean Engineering – Waimanalo, HI Remotely Installed Anchorages
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Marine Insurers Add Russian, Ukrainian Waters to High Risk List
London’s marine insurance market on Tuesday added the Ukrainian and Russian waters around the Black Sea and Sea of Azov to its list of areas deemed high risk as tensions persist in the region, a senior official said. Guidance from the
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Baltic Dry Index Dips on Weaker Demand for Larger Ships
The Baltic Exchange's dry bulk sea freight index (.BADI) slipped on Wednesday as lower rates for capesize and panamax vessels outweighed gains in the supramax segment. The overall index, which factors in rates for capesize, panamax and supramax vessels, was down
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Ukrainian airspace closes while impact on trade expected
Ukrainian airspace has been closed as navigation services declare the region an active conflict zone. Early this morning, the European Union Aviation Safety Agency (EASA) issued a conflict zone information bulletin covering Kiev, Lviv, Dnipropetrovsk, Simferopol and Odessa flight information regions
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Running on Hydrogen – Can it Work?
Hydrogen as fuel was in the spotlight during the last two weeks. The Senate's Energy and Natural Resources Committee held a hearing on February 10 looking at H challenges in the transportation, utility, industrial, commercial, and residential sectors. A week later,
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Addressing Supply Chain Pain Points for Shippers
Shippers must navigate a daunting array of complex challenges when operating in today's often turbulent supply chain landscape. Potential pain points are rampant. Fortunately, shippers can turn to a variety of solutions and tools that can help drive capacity, control for
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How to Combat Logistics Logjams
Nearly two years into the pandemic, today's congestion issues and logistics logjams are not expected to end anytime soon. It is imperative brands fortify their supply chains to best navigate the current environment and prepare for what unexpected challenges may
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The global shortage of semiconductors imposes a considerable effect on land freight
The shortage of semiconductors, which became a global problem in 2021, affected many industries, from car to refrigerator manufacturers. This issue also left its mark on the land freight industry, restricting the production and sale of new trucks. Where’s the beginning? Although
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Ukraine Invasion: What Can Be Done at Sea?
The closure of the Turkish straits to all warships has drawn attention to the maritime dimension of Russia’s invasion of Ukraine. From a tactical and operational perspective, Russian naval forces have already contributed, albeit in a limited way, to the current invasion of
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Air cargo market close to pre-pandemic levels but uncertainty ahead
The global air cargo market continued catching up with pre-pandemic levels in February as freight volumes, capacity and load factors stabilised close to 2019’s performance, with rates also slowly trending downwards. This is according to the latest data from industry analysts
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3 Ways to Build a Resilient Supply Chain
After nearly two years of pandemic-related disruptions wreaking havoc, business leaders are learning from the past and looking to the future of supply chain management. Companies across industries are attempting to meet the moment and replace legacy supply chain practices with
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Putzger perspective: Outlook bright and tight
Strong air cargo growth is expected to continue in the first half of 2022, but with continued pressure on capacity, writes Ian Putzger. Despite, and partly because of, ongoing turbulence, air cargo keeps going strong. The industry flew through 2021 with
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Supply chain costs to rise as Ukraine crisis bites
Freight forwarders are warning of higher supply chain costs as the impact of the invasion of Ukraine disrupts transportation operations. The forwarding sector said the airspace restrictions imposed by Russia, European states, Canada, the UK and in North America were forcing
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Recovery, Resilience and Demand Shifts to Drive Inland Waterway Cargo Flows
Waterway traffic is coming back. November 2021 saw 52.1 million tons moving on the U.S. inland waterway system, the highest monthly tonnage since October 2019, a few months before the onset of the COVID-19 pandemic, and the shutdowns and stoppages
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Air cargo has a “long way to go” on sustainability as resources remain scarce
Air cargo supply chain companies are ramping up their focus on sustainability but there is a “long way to go” as resources remain scarce, according to TIACA’s latest sustainability survey. The latest annual TIACA Air Cargo Industry Sustainability Survey, organized in
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World’s Fastest Autonomous Interceptor Unveiled
A high-tech autonomous interceptor vessel—said to be the world's fastest—is set to make its debut next week in Saudi Arabia. French group CMN NAVAL will demonstrate the UHSI32 at the World Defense Show from March 6-9, in Riyadh, showcasing its ability to execute
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Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop
Lufthansa Cargo expects global market capacity will be approximately 10% down as a result of the Ukraine invasion. Speaking at a press conference, Lufthansa Cargo chief executive Dorothea von Boxberg said this is because of restrictions for global fleets. Russian carriers
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Marine Insurers Widen High-risk Area as Ukraine Conflict Escalates
London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia's invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry's Joint War Committee
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Russia Dropped from Ship Certification Body as Sanctions Bite
The world's top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after its invasion of Ukraine, in another blow to the country's vital shipping sector. Classification
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IMO to Work on Safe Corridor for Ships Stranded by Ukraine Conflict
The UN's shipping agency will seek to create a safe maritime corridor to enable merchant ships and their crews stuck in the Black Sea and Sea of Azov to sail away without the risk of being hit, it said on
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Is the Dynamic Unified Logical Data Model the Silver Bullet for Disruptions?
Jay Ganapathy, Chief Commercial Officer. Q. Enterprises that are transforming their supply chain are slow to change. What roadblocks are impeding their efforts? A. Our supply chains of today were designed decades ago to achieve data uniformity across the supply chain ecosystems and
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Why Should Distributors Move to the Cloud in 2022?
Many distributors are pondering the question: To cloud or not to cloud? Is the disruption of moving my ERP and other tools worth the benefits and rewards? As we look back at the past few years, it is not difficult
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Security risks and rising costs: the consequences of the Russia-Ukraine war on freight transport
The war in Ukraine and the harsh sanctions against Russia have affected the market situation in many sectors, including logistics and freight. Since 24 February, when Russian tanks crossed the Ukrainian border, the global supply chain has seen a sharp
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Eye on Maritime Design: Can Wind Propulsion Work by Keeping it Simple?
While it is starting to look like some clever wind/power sail technologies are starting to appear, too often I have looked at the cargo cranes of geared bulkers and wondered if it makes sense to rig some sort of sail
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Greenpeace Protests Against Ships Carrying Russian Fossil Fuels
Greenpeace activists have taken to the sea to protest against tankers carrying Russian fossil fuels to Europe. Traveling in rigid hull inflatable boats (RHIB), kayaks and as swimmers, protesters from Denmark, Sweden, Norway, Finland, Netherlands and Germany on Sunday went in
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Expedited Shipping Can Save Money
As shipping delays and supply chain issues pile up across the country, more businesses struggle to ship and receive products on time. When companies fail to meet important deadlines, the results can be costly, leading to the loss of valuable
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What is the biggest supply chain lesson you learned from the past two years?
Readers look back at a volatile 2020 and 2021 and summarize the supply chain lessons learned. The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. Any event, whether a pandemic, hurricane, or a container ship stuck
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How transparency enhances and strengthens supply chain partnerships
The complexity of the supply chain can be daunting. Everything from distribution to data crunching requires dedicated attention that can feel overwhelming unless you have the right tools in place or the right partners to back you up. On episode 120 of
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Supply Chain Finance: You Can Bank On It
Supply chain finance programs can successfully keep the cash flowing, enabling companies to cut debt and boost profitability. The adage "cash is king" remains as true as ever. Profitable companies can still run into trouble if they lack cash to pay
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4 Trends for 3PLs in 2022
Order volumes grew for 79% of third-party logistics (3PL) providers in 2021, but that growth was tempered by inventory availability and disruptions that cost the U.S. economy $228 billion, says a report from 3PL Central. Disruptions, technology innovations, and consumer demands
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9 Innovative Ways to Manage and Meet Demand Surges
Retailers uncover new ways to respond to anticipated and unexpected order spikes so they don't lose the sale. Whether you anticipate a retail demand surge or it happens unexpectedly, you need to be able to manage that sudden order spike in
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Baltic Dry Index Drops to 3-week Low, Ends Quarter Higher
The Baltic Exchange's dry bulk sea freight index fell to its lowest level in over three weeks on Thursday, dragged by sliding panamax and supramax vessel rates, although the main index posted monthly and quarterly gains. The overall index, which factors
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Evaluate Risk Before Critical Decisions
Disruption across global supply chains has always been present, but the ongoing pandemic has magnified the risks supply chain leaders face, while simultaneously limiting response options in an already high-pressure environment. The past year has opened the door to many risks—and
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Air cargo demand takes a hit in March but rates stay high
Air cargo volumes in March declined compared with a year earlier as the market was hit by the war in Ukraine, sanctions and lockdowns in China. The latest figures from CLIVE Data Services, which is part of the Xeneta rate benchmarking
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Logistics UK: War in Ukraine poses airfreight challenges
Access to both Ukrainian and Russian airspace is now minimal to non-existent for many countries across the globe due to the ongoing war in Ukraine. As a result, many flights are diverting south, but with some airspaces in the Middle East
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Top Supply Chain Disruptions in 2021
Supply chain disruptions increased 88% year over year in 2021, says data released by risk management platform Resilinc, with disruptions related to supply shortages increasing 452%, the largest increase across all event types. Although human health disruptions fell 68% year over
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The effects of the war on air freight will be felt by consumers around the world
Looking at the market trends and possible challenges of 2022, industry experts have made various assumptions, but no one could have predicted that the industry would have to deal with something that Europe has not experienced for decades: active warfare. For
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Russia Faces Drop in Cargo Traffic, Container Deficit
Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in the country due to Moscow’s military campaign in Ukraine, two Russian executives said. The world’s three largest
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5 Ways to Improve and Optimize Driver Retention
COVID tightened up the supply chain with shortages of medical supplies, computer chips, consumer products, and household goods. Not only has demand increased relative to supply, but employee and customer satisfaction continue to be on the decline. Many corporations have taken
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EU to end cargo-in-the-cabin flights
The European Union Aviation Safety Agency (EASA) will put a stop to cargo-in-the-cabin flights beyond July 31. The use of the passenger cabin for cargo, known as cargo-in-the-cabin flights, have been operating since 2020, after the EASA issued approvals and exemptions
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Air cargo continues to ramp up its use of digital booking
Airlines have been ramping up their digital booking offerings over the last few years in response to market volatility. A survey carried out by booking portal Freightos found that 46% of air cargo carriers now enable instant rate searches for quotes
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4 Tech Predictions that Came True
From companies spending billions on cybersecurity to the cloud becoming the biggest thing in desktop applications, some of the top tech predictions from those in the know in various tech fields were proved right in 2021. Here are four trends
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7 Strategies to Reboot Global Supply Chains
These tips will help your company restart operating systems, processes, and strategies through the new normal. As we enter year three of the COVID era, companies worldwide are grappling with an all-too-familiar array of supply chain challenges—supply uncertainties, capacity and labor
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Using Digitalization to Navigate Through Disruptions
Industry 4.0 is a revolution in manufacturing and holds promise for improving supply chain efficiency and flexibility. The convergence of technology disruptions—automation, analytics, artificial intelligence, and augmented reality—drives this revolution. Why is digitization important and what key technologies are fueling
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Disruption continues to hit air cargo as volumes drop again in April
The air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April, according to figures from CLIVE Data Services. The Xeneta-owned data provider’s latest numbers show that air cargo volumes decline by
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Shipping Lines Skip a Beat
Global ports lost more than one-third of their expected capacity to ship containers in 2021, causing economic trouble for some smaller developing nations, among others, finds research commissioned by the Global Shippers Forum (GSF). The study, which was conducted by MDS
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Call to improve safe transport of lithium batteries
Airfreight and ship transport of lithium batteries needs to become safer to prevent fires, TT Club has said. The international freight transport insurer said it is calling for increased vigilance to ensure secure and safe lithium battery supply chains following a
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How Edge Logistics Leverages Supply Chain Standards Through Technology Solutions and Service
Niagara Bottling sought absolute transparency and compliance in procurement. It found a solution to market volatility with Edge Logistics, which accomplished top carrier milestones. THE CHALLENGE Volatility plagues all industries, especially the trucking industry, and slight failures amount to big problems. Those
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Dakosy tells air cargo to prepare for new EU security requirements
Software firm Dakosy has urged the air cargo industry to start preparing for the latest phase of the European Union’s (EU) Import Control System (ICS) for security declarations. ICS2 means that from March 2023 airlines will need to submit shipment information
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ISS Issues RFP to Construct North America’s First Zero-emissions Towboats
Houston-based Industrial Service Solutions (ISS) announced Thursday it is seeking bids from U.S. shipyards to build up to four hulls for what will become North America's first fully-electric towboats. The zero-emissions vessels, which will be constructed for New York-based Zeeboat and
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5 Benefits of Remote Collaboration for Logistics Leaders
Logistics is an industry that doesn’t get attention until there’s a problem. Unfortunately, the pandemic has caused one problem after another, with non-stop delays and bottlenecks around the world. As logistics professionals come out from underwater, they’re dealing with the fact
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A New Approach to Maritime Safety is Needed
For years, the shipping industry has focused on regulations and procedures to improve safety. Yet shipping is still at risk of major accidents. The whole industry needs to change its focus. Ticking boxes never made anyone safer. Also, assessing culture
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Airfreight rates to continue to rise despite easing demand?
The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst at investment bank Stifel. In the latest Baltic Exchange market round-up,
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Solstad Offshore Sells Platform Supplier to Atlantica Shipping
Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who