NEWS
Suez Canal Rescue Teams Prevent Ship from Sinking
Suez Canal Authority rescue teams prevented Tanzanian-flagged cargo ship Labatros from sinking before passing through the waterway, the canal's authority said on Tuesday. The ship's 12 crew members were safe…
Finnair’s cargo revenue and yields fall in first quarter of this year
Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in the first quarter of this year. The airline made €46.3m…
China Southern flies into Doha
China Southern Airlines has launched a four flights a week connection between Guangzhou Baiyun International Airport (CAN) in China and Hamad International Airport (DOH) in Doha, Qatar. The carrier is…
UPS revenue drops 5% in Q1
Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall on its performance in the first quarter of 2023. Consolidated…
Menzies extends cargo handling deal with Malaysia Airlines for Australasia
Ground services provider Menzies Aviation has extended its deal with Kuala Lumpur-based Malaysia Airlines covering cargo, passenger and ramp handling for the carrier in the Australia/New Zealand region. The deal…
US forwarders call for investments not inspections to tackle fentanyl crisis
The US government should invest in technology to tackle the fentanyl crisis rather than require 100% physical inspection of pharma packages, according to US forwarders. Speaking at the CNS Partnership…
Alaska Air Cargo targets Los Angeles freighter flights
Alaska Air Cargo is planning to launch freighter flights to Los Angeles – the first time the airline’s cargo aircraft will fly further south than Seattle. The carrier said that…
Air cargo infrastructure investments still critical
Major airports in the US are still suffering from lack of investment in air cargo infrastructure and operations and as a result ‘the future of air cargo is at risk”,…
WFS strikes DHL cargo deal in France
DHL Aviation has signed a new multi-year contract with Worldwide Flight Services (WFS) to manage freight at its airport stations in France. This renewed partnership extends the two companies’ 14-year…
YunExpress targets e-commerce demand with latest 777 freighter
YunExpress has extended its agreement with lessor Atlas Air to include a second Boeing 777-200 freighter that will be used to cover rising e-commerce demand. The new aircraft will enter…
Air cargo demand rises 11% in March
Global air cargo market demand rose 11% year on year for a third consecutive month in March and it was no surprise that e-commerce and Red Sea shipping disruption helped…
Ukraine’s Kernel Buys Bulk Carrier to Boost Grain Exports
Ukrainian agricultural group Kernel has expanded its sea fleet and can now export 100,000 metric tons of grain per month by ship, it said on Thursday. Ukraine usually exports 95%…
Rhenus Ireland opens new Dublin facility
Rhenus Ireland has opened a new facility close to Dublin Airport that will boost its storage capacity. The 11,150 sq m facility includes a warehouse and offices and is located…
AAPA: February Asia air cargo demand up 10%
Air cargo demand in Asia grew in February “as a result of business and e-commerce activity” said the Association of Asia Pacific Airlines (AAPA). Preliminary February 2024 traffic figures released…
Techcross Opens Training Center in Greece
Techcross recently opened the doors for its new training center in Athens, Greece, its 7th training center opened globally in major shipping hubs that offers training on actual equipment. An…
Ship Recycling Markets Slightly Busier
The week concluded surprisingly for sub-continent ship recycling nations which were busier (from an LDT perspective) than recent weeks, reports cash buyer GMS. “This left local recyclers scrambling to get…
Saudia Cargo targets e-commerce with Shenzhen flights
Saudia Cargo aims to further tap into the e-commerce market with the addition of two weekly flights to Shenzhen, China. The flights, which launched on March 15, operate on Mondays…
UPS wins US postal air cargo contract
UPS has been awarded a contract by the United States Postal Service (USPS) to become its primary air cargo provider. The contract is effective immediately, but there will be a…
British Airways’ New Routes 2024
British Airways has announced the launch of various long-haul and short-haul routes from London Heathrow, London Gatwick, and Edinburgh for 2024. In addition, the national flag carrier is returning to…
Philippines to Build Islands Port Near Taiwan
The U.S. military will not be involved in development of a port in the Philippines' remote northernmost islands near Taiwan, the local governor said, removing a potential source of friction…
Maersk Will Avoid Red Sea Despite EU Security Operation
Shipping company Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European…
Amazon Air expands capacity and simplifies network
Amazon Air expanded its air cargo capacity last year through the addition of larger aircraft but also simplified its network and conducted fewer flights. The latest study from The Chaddick…
FedEx profits improve as cost cutting takes effect
FedEx saw its profits improve in the third quarter of its fiscal year despite revenues coming under pressure due to weak market conditions. The express giant saw its fiscal year…
Lufthansa launches first Brussels-America freighter
Lufthansa Cargo is to start a twice-weekly B777F freighter service between Brussels and Chicago O’Hare on 3 April – its first ever cargo service from Belgium to the American continent.…
New platform helps Air NZ customers cut the carbon
Air New Zealand has partnered with Norwegian company CHOOSE to offer two platforms to help its customers measure their carbon emissions from freight and staff air travel. Businesses can then…
New packaging saves weight and plastic for Bolloré
Bolloré Logistics in the US and at Roissy-Charles-de-Gaulle are now using sustainable packaging for air shipments from Paris to Chicago, saving 12kg of deadweight in the process. Two pallets have…
Technavio predicts strong air cargo growth in next few years
Industry analyst Technavio has forecast in its Air Cargo Market Analysis 2023-27 that the air cargo market will grow by 19.5m tons between 2022 and 2027. This works out at…
WFS set to swoop on Swedish cargo businesses
SATS confirmed its intention to acquire Sweden’s Terminal & Transporttjänst i Sigtuna (TT) and APH Logistics through its wholly-owned subsidiary, WFS Sweden. Completion of the transaction remains conditional upon regulatory…
Biden Executive Order Targets Cybersecurity at US Ports
President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland…
Alaska Air Group acquisition of Hawaiian gets go ahead
Alaska Airlines has been given the green light to acquire Hawaiian Airlines after the latter’s stockholders approved the deal that is set to boost cargo within the combined business. Seattle-based…
Starlux to enter the freighter market with A350F order
Taiwan-based Starlux Airlines will enter the freighter market after it placed an order for five Airbus A350 cargo aircraft at the Singapore Airshow. The carrier’s chief executive, Glenn Chai, said…
Shipping Industry Influencers to Join Commodores’ Debate at CMA Shipping 2024
Dorian LPG, International Seaways Ship Management LLC, Poten & Partners, d’Amico and TEN Ltd. all confirmed for the CMA Shipping 2024 Commodores’ Debate rounding off three days of thought-leading content…
Avianca Cargo continues digital expansion
Avianca Cargo has continued with the expansion of its digital services by adding a direct connection to freight forwarder platform CargoWise. The integration means that forwarders using the WiseTech Global-owned…
CargoTech hungry for growth
Air cargo technology group CargoTech is pursuing growth in its portfolio of companies with change management and large language models (LLMs) in mind. Cédric Millet, president of CargoTech, says the…
Etihad Cargo reports record pharma volumes
Etihad Cargo reported record cargo volumes last year following investments in its cool chain services. The Abu Dhabi-headquartered airline saw its pharma volumes increase by 37% year on year in…
World’s First Ammonia-powered Containership Ordered
Partners behind a project to develop the world’s first ammonia-powered containership have placed an order to build the groundbreaking vessel at Qingdao Yangfan Shipbuilding, in China.Expected to be delivered by…
Lufthansa cargo operations set to be hit by latest strike action
Lufthansa’s cargo operations are set to face disruption this week as ground staff are set to launch another round of strike action. As many as 25,000 members of the Ver.di…
Lithuania Probes Baltic Sea Oil Spill
Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and…
Virgin Atlantic Cargo expands online booking offering
Virgin Atlantic Cargo has continued to expand its online booking capabilities by placing its capacity on WebCargo. WebCargo said that its users would now be able to book capacity on…
Icelandair Group expects to turn round loss-making cargo division this year
Icelandair Group is expecting its cargo operation to return an operating profit over the course of this year, after recent poor results. The company says it has a “clear plan”…
IATA awards safety accreditation to WFS at Heathrow
Worldwide Flight Services (WFS) has been awarded the IATA Safety Audit for Ground Operations (ISAGO) accreditation for its cargo handling operations at Heathrow Airport. This follows an independent audit of…
DHL workers extend East Midlands Airport strike action
Workers at DHL’s East Midlands Airport hub in the UK have announced they will add another 14 days of industrial action onto existing plans to down tools for 10 days.…
DHL workers at East Midlands Airport plan strike
DHL is facing strike action once again as DHL Aviation UK employees at East Midlands Airport plan to stop work for a week next month in a move that has…
UPS still struggles with revenues in Q4
UPS revenues in the fourth quarter dropped nearly 8% year on year as volumes fell in both the domestic and international segments. The express giant announced consolidated revenues of $24.9bn…
Schneider looks to utilise more ocean shipping and SAF to reduce emissions
Schneider Electric is continuing its efforts to cut emissions through increased use of ocean transport and sustainable aviation fuel (SAF) though a new partnership with DHL Global Forwarding. The two…
Airfreight forwarding 2024: Riding turbulence and embracing new skies
As the echoes of November’s dynamic airfreight markets faded, two distinct melodies have lingered: the hum of resilience in the face of adversity and the soaring anthem of adaptation. The…
Optimising air cargo processes with advanced technologies
Airfreight companies have battled through many challenges but advanced technologies are set to help the industry grow. The air cargo sector has witnessed a steady ascent, despite challenges from lingering…
Forward Air and Omni Logistics end acquisition dispute
Forward Air and Omni Logistics have agreed to end a legal dispute over Forward’s planned acquisition of Omni. The companies have agreed to amend the terms of the existing agreement.…
UK to Upgrade Warship Defence Missile System used in Red Sea
Britain's Ministry of Defence said on Sunday it would spend 405 million pounds ($514 million) to upgrade a missile system now being used by the Royal Navy to shoot down…
Singapore Registry of Ships Reaches 100 Million Gross Tonnage
The Singapore Registry of Ships (SRS) surpassed the 100 million gross tonnage (GT) milestone, with the registration of AET’s Very Large Crude Carrier (VLCC), Eagle Veracruz, on January 23, 2024.SRS…
Etihad Cargo partners to develop better perishables airfreight management
Etihad Cargo, Abu Dhabi Airports and Abu Dhabi Food Hub KEZAD have signed a memorandum of understanding (MoU) to jointly establish an origin-to-destination perishable air corridor known as the ‘Fresh…
Cathay Cargo volumes continue recovery in 2023 but still lag 2019 levels
Cathay Pacific saw its cargo volumes continue to recover last year following Covid-related lockdowns in 2022, but demand still lags behind 2019 levels. The Hong Kong-hubbed carrier group handled 1.4m…
DHL Forwarding and DSV manage Cathay shipments via CargoWise
CargoWise has teamed up with Cathay Cargo to offer DHL Global Forwarding and DSV real time management of shipments on the airline’s Click & Ship booking platform via CargoWise. The…
Another ex Polar executive pleads guilty to fraud
A former senior operations executive at Polar Air Cargo Worldwide has pleaded guilty to defrauding the US cargo airline. Carlton Llewellyn pleaded guilty to one count of conspiring to commit…
Saudi Arabia Unveils Oil Platform-Inspired Adventure Tourism Rig
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has launched the masterplan for THE RIG – a world-first adventure tourism destination to be built on an offshore platform…
Drone Delivery Canada signs deals for operations at Edmonton Airport
Drone Delivery Canada (DDC) has, with the assistance of its sales agent Air Canada, entered into multiple commercial agreements to deploy its drones at Edmonton International Airport (YEG). In addition…
Retail’s Red Sea move feeding airfreight volumes?
Signs are starting to emerge that retail shippers are sending more goods by airfreight as the Red Sea crisis continues, but the next few weeks will determine whether there is…
DHL Express appoints new MD for Hong Kong and Macau
DHL Express has appointed Andy Chiang as the managing director for its Hong Kong and Macau business. Chiang is tasked with strengthening DHL Express’ position in the two locations. He…
IATA reports an 8% increase in November cargo traffic
IATA data shows that air cargo traffic increased by a 2023 high of 8.3% year on year in November, although the improvement also reflects a weak compression period in 2022.…
Suez Canal Revenues Down 40% Due to Houthi Attacks
Dollar revenues from Egypt's Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships…
Lufthansa Cargo parks two A321Fs due to fine fuselage crack
Lufthansa Cargo has parked two of its four A321 freighters after a single fine crack was located on the rear fuselage structure of one of the aircraft. The two affected…
Shipping Firms Continue to Pause Red Sea Shipments
Global Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a…
UPS to end day sort at Louisville facility as volumes weaken
UPS will cut the day sort at its Louisville Centennial Hub (LCH) in its latest response to weaker package volumes. The closure of the sort is expected to result in…
DHL Air sets up MRO facility at East Midlands Airport
DHL Air UK has established an MRO-focused warehouse facility at East Midlands Airport’s Air Cargo Centre to strengthen its UK operations. The cargo airline, which is based at the airport…
K+N provides IDA Foundation with a Dubai healthcare hub
Kuehne+Nagel (K+N) will operate social enterprise IDA Foundation’s healthcare hub for the Middle East and Africa region, located in Dubai. The new IDA Foundation hub is located at the K+N…
The sky’s the limit for DHL when it comes to unusual shipments
DHL has provided an overview of three of the more unusual shipments it carried on its aircraft in 2023, ranging from manatees to bobsleds. The best side of humanity In…
DHL and JAL team up on 767-300F operations
DHL Express and Japan Airlines (JAL) have signed a long-term contract to utilise JAL’S Boeing 767-300 freighters. The companies said in a press release that they aim to use the…
Panama Canal Reports No Traffic Increase Amid Red Sea Attacks
The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to the situation in the Red Sea, where attacks by Yemen's Houthi group are…
Back to the Drawing Board: The Worst Ship in History – Exxon Valdez
While Greg Trauthwein never assigns me column subjects, each time the Great Ships issue comes around I go with the theme. However, I try to take a view askew on…
World Courier targets pharma demand with new US facilities
Logistics firm World Courier will open three new stations in North America to support growing pharma volumes. The Cencora-owned company will add facilities in Denver, Indianapolis and San Diego to…
FedEx reorganises air network
FedEx will reorganise its air network to better suit the demands of various shipment types as part of efforts to cut costs. The company this week revealed that it would…
Gebrüder Weiss expands in Australia
International logistics company Gebrüder Weiss is expanding its network in Australia with the opening of a new Air & Sea office in Brisbane. This is now the third location operated…
AIT Worldwide Logistics acquires pharma forwarder
US-headquartered global freight forwarder AIT Worldwide Logistics has acquired Mach II Shipping Ltd, a UK-based freight forwarder specialising in worldwide distribution of pharmaceuticals and related products. The deal includes a…
EU sets deadline for decision on Korean Air’s proposed Asiana takeover
European Union competition regulators have set a February deadline to review Korean Air’s proposed acquisition of Asiana Airlines. The two airlines resubmitted their plans to EU antitrust regulators earlier this…
Heathrow express courier anticipates imports influx
Heathrow Airport’s sole onsite express courier, CFL said it expects its imports in the run up to Christmas to be up almost one third (30%) compared to last year. CFL,…
CCS UK trials digital collection note at Heathrow
Software firm CCS-UK is trialling a new e-collection note that it hopes will replace the paper version that is currently used for the pick up of air cargo shipments at…
Turkish Airlines and Vietnam Airlines consider cargo joint venture
Turkish Airlines and Vietnam Airlines yesterday signed an agreement to cooperate on air cargo with the possibility of forming a joint venture (JV) in the future. Following the agreement, the…
Aviation targets 5% reduction in carbon emissions by 2030
Internation Civil Aviation Organization member countries have agreed to target a reduction in CO2 emissions generated by aviation by 5% compared to current fossil fuels by 2030. The target includes…
Somali Pirates Likely Behind Attempted Tanker Seizure -US Military
An attempted hijacking of a commercial vessel in the Gulf of Aden on Sunday appears to have been carried out by armed Somali pirates and not Yemeni Houthis, despite the…
Australian Government Responds to Live Export Petition
The RSPCA has welcomed the tabling of the Australian federal Minister for Agriculture's response to one of the largest Australian parliamentary e-petitions in history, calling for an end to live…
Swissport sells stake in its Saudi business to drive air cargo
Swissport International is selling a minority stake in Swissport Saudi Arabia to Saudi business portfolio ASYAD Holding in a bid to further expand its Saudi presence in air cargo handling. The…
Maersk Air Cargo to trial new UK-China route
Maersk Air Cargo will launch a new trial service between the UK and China to help meet peak season demand. The airline will operate the weekly service between Bournemouth Airport…
Emirates sees cargo volumes climb in H1
Emirates registered a double-digit percentage improvement in its cargo volumes in the first half of its financial year as it continued to re-introduce belly capacity following the Covid pandemic. Between…
Swissport opens air cargo terminal in Spain
Swissport is growing its cargo business in Spain with the opening of a new air cargo terminal at Zaragoza Airport. The new cargo terminal, which officially opened for business in…
Air cargo faces up to “huge issue” of greenwashing
The air cargo sector is facing the huge issue of greenwashing as companies struggle to prove that their environmental initiatives are making a difference. On a panel discussion at this…
Argeo Secures Contract with Shell for Deepwater Inspection Works Offshore Nigeria
Oslo-listed offshore service company Argeo has signed a contract with Shell's Nigerian subsidiary SNEPCo and local content partner GOSL for work on Shell's Bonga field.The first work program comprises deep-water…
Ukraine Says Russia Dropped Explosives in Black Sea Shipping Lanes
Ukraine said on Wednesday Russian warplanes had dropped "explosive objects" into the likely paths of civilian vessels in the Black Sea three times in the last 24 hours, but that…
Challenge charges ahead with fleet and route expansion
Freighter operator Challenge Group is forging ahead with the growth of its routes as well as its fleet, says chief commercial officer, Or Zak. Challenge Group is on course to…
FedEx adds extra capacity between Vietnam and Europe
FedEx is expanding its presence between Vietnam and Europe with the addition of four weekly flights. The new Boeing 767 freighter flights will operate out of Ho Chi Minh City…
Israel to Pay Compensation for Ships Damaged in Gaza War
Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports,…
Three Baltic Pipe and Cable Incidents “are related”, Estonia Says
The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden "are related", Estonian Prime Minister Kaja Kallas said.Finnish police leading…
Air Partner delivers emergency humanitarian aid to Afghanistan
Air Partner’s cargo division helped deliver humanitarian medical aid to Afghanistan following the earthquakes which struck the country earlier this month. On October 22, Air Partner delivered 82 tonnes of…
Air Canada sees cargo revenues dip in Q3
Air Canada continued to report declines in its cargo revenues during the third quarter of the year, although the drop-off has narrowed as the year has progressed. The latest quarterly…
Lufthansa Cargo equips another freighter with fuel saving tech
Lufthansa Cargo has coated another one of its freighters with a film that helps reduce emissions. The AeroSHARK technology reduces the aerodynamic drag on the fuselage and engine nacelles of…
K+N and SATS collaborate on efficiency and sustainability initiatives
Kuehne+Nagel (K+N) and SATS have signed a Memorandum of Understanding (MoU) to enter into a strategic collaboration to drive value chain improvements and sustainability efforts within the air logistics industry.…
Korean Air poised to sell off Asiana cargo business
Korean Air Lines Co. has offered to sell Asiana Airlines’ cargo business and divest routes to four EU cities to obtain European Union approval for its planned acquisition of the…
New president for Ameriflight’s US cargo airline Wiggins Airways
Ameriflight subsidiary Wiggins Airways has appointed Paul Halter as president. Halter is currently vice president of airline operations at US Part 135 cargo airline Ameriflight. This leadership change follows the…
Hellmann goes Blue to digitize its operations
Hellmann Worldwide Logistics has successfully used tracking specialist BlueBox Systems to digitize its operations, delegates to a summit in Germany learned. The forwarder, which describes itself as “one of the…
Planning continues to progress on new Polish airport
Excavations have started for a new airport in Poland that aims to form part of a transport hub for central and eastern Europe while airport operators are in the process…
The post Planning for the Holiday Shipping Season appeared first on ShippingEasy.
A Turkish-flagged general cargo ship hit a mine on Thursday in the Black Sea off the coast of Romania and sustained minor damage but the crew was safe, maritime and…
Elroy Air sees demand for its autonomous cargo aircraft rise
Elroy Air, the company developing an end-to-end autonomous hybrid-electric vertical take-off and landing (VTOL) cargo system, has announced the demand backlog for its Chaparral aircraft now exceeds 1,000 units. The…
Etihad Cargo selects WFS for US cargo handling
Etihad Cargo has selected Worldwide Flight Services (WFS) to provide handling services at all of its US stations following the addition of Chicago O’Hare to the partnership. Starting this week,…
DHL completes MNG Kargo acquisition
DHL Group has now completed the acquisition of Turkish parcel delivery company MNG Kargo and its subsidiaries to boost its European e-commerce business. The integration of MNG Kargo will proceed…
World Maritime Day 2023 Theme Highlights Marine Environment Protection
The IMO’s commitment to the preservation of the marine environment is being highlighted on World Maritime Day, September 28, 2023, with the theme "MARPOL at 50 – Our commitment goes…
UPS goes electric at East Midlands Airport
UPS and transport technology provider Aurrigo have announced a collaborative project to deploy an autonomous electric vehicle designed to move heavy cargo loads to and from aircraft at the UPS…
Ex-Etihad Cargo boss Drew scoops Atlas Air role
Ex-Etihad Cargo boss Martin Drew has been appointed as Atlas Air Worldwide chief strategy and transformation officer. Drew started in his new role this week and will lead the company’s…
Planning for the Holiday Shipping Season
The 2023 holiday shipping season is almost here (it’s crazy to us, too). Our recent study in partnership with Retail Economics shows that 44% of US customers are still concerned…
DHL Express unveils mobile charging carts for ground support equipment
DHL Express has unveiled a mobile charging cart that can be used to recharge electric ground support equipment. The express firm has invested around $10m in the mobile charging technology…
Rhenus takes aim at Central Europe growth with latest acquisition
Rhenus has continued its recent investment spree with the acquisition of Hungarian freight forwarder ITS Logistics Hungary KFT. The Germany-headquartered firm said that the purchase would consolidate its foothold in…
Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle
President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain…
Port of Los Angeles Says Cargo Lost During West Coast Talks is Returning
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the now-finished West Coast labor talks began returning, the top executive at the…
Cargolux strike ends as agreement reached
The strike at freighter operator Cargolux has come to an end as the airline and workers reached an agreement on a new pay deal. The airline announced on Saturday that…
India and Pakistan Ship Recycling Market Bullish
Bullish buyers in both, the Indian and Pakistani markets, continue to push on for another week as they manage to secure some of the recently recorded, high-priced sales from both…
Icelandair Cargo joins US Airforwarders Association
Icelandair Cargo has joined the US Airforwarders Association (AfA) as the organisation looks to add Europe-based companies with a US office. The AfA said that the carrier had joined the…
Ukraine Says It’s Shipping Grain via Croatian Ports
Ukraine has started exporting grain via Croatian seaports, aiming to broaden its export routes while its Black Sea ports are blocked, a senior Ukrainian official said on Thursday. Ukraine's main…
Hellmann acquires Italian partner as it looks to Mediterranean expansion
Hellmann Worldwide Logistics is taking over its Italian partner as it continues to expand its European operations. Milan-based Hellmann Italy employs approximately 70 people at six locations and has been…
DSV partners with Qatar on flights targeting oil and gas sector
DSV has partnered with Qatar Airways Cargo on flights between Mexico, the US, Europe and the Middle East to cater for the oil and gas industry. The twice-weekly flights are…
Royal Brunei selects Globe Air Cargo China for GSA services
Royal Brunei Airlines has contracted Globe Air Cargo China – part of the ECS Group – to provide General Sales Agent (GSA) services covering China. The deal aligns with the…
Bridges Air Cargo gets Malta AOC
Bridges Air Cargo Ltd (BRD) has been issued with a Malta AOC to operate Air Express Cargo services from Malta and throughout the Mediterranean, initially operating ATR 72 aircraft. BRD…
US Offshore Wind Sector Faces Key Test After Weak Gulf Auction
The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy…
US asks Mexico to review whether MasAir pilots are being denied rights
The US Government has asked the Mexican Government to investigate whether pilots at Mexican cargo airline MasAir are being denied their rights. United States Trade Representative Katherine Tai announced on…
Samsung Heavy and MISC Develop Floating CO2 Storage Unit
Samsung Heavy Industries has received basic certification for a floating CO2 storage unit (FCSU) from DNV.The FCSU, jointly developed by Samsung Heavy Industries and MISC, is 330 meters long and…
Etihad Cargo adds belly capacity in Europe and Asia
Etihad Cargo will boost its belly capacity with its winter schedule by introducing 29 weekly passenger flights to new destinations, and adding 90 flights to existing routes, said the Abu…
DHL Global Forwarding calls for more SAF with shipper demand rising
DHL Global Forwarding has called for a “substantial” increase in Sustainable Aviation Fuel (SAF) production as it reports rising demand for sustainable solutions from customers. The freight forwarder said a…
Swissport takes majority stake in Düsseldorf Airport cargo handling unit
Swissport has closed the acquisition of a 74.9% stake in Flughafen Düsseldorf Cargo, the cargo handling unit of Düsseldorf Airport. Starting August 17, Swissport Deutschland and Flughafen Düsseldorf have embarked…
Lufthansa Cargo outlines projects to meet future airfreight requirements
Lufthansa Cargo has outlined some of the projects it is implementing to tackle three of the major developments that are shaping the future of air cargo. The freighter operator said…
Kazakhstan Could Redirect Oil Exports via Russia’s Baltic Ports if Black Sea Situation Worsens
Aug 18 (Reuters) - Kazakhstan could redirect oil exports to Russia's Baltic Sea port of Ust-Luga instead of Novorossiysk, if the situation on the Black Sea deteriorates, the head of…
First Ship to Use Ukraine’s Corridor Arrives in Istanbul
The first vessel that used Ukraine's Black Sea corridor is crossing through Turkey's Bosphorus Strait, a Reuters witness said on Friday.The Hong-Kong-flagged Joseph Schulte container ship that left the Russian-blocked…
Kuehne+Nagel and DSV see airfreight volumes plummet
Leading airfreight forwarders Kuehne+Nagel (K+N) and DSV both saw their airfreight volumes, revenues and profits decline in the second quarter of the year. The world’s leading air forwarder, K+N, saw…
US Invests Nearly $10 Million to Advance Marine Energy
The U.S. Department of Energy (DOE) has announced nearly $10 million for seven projects that will accelerate development and testing of marine energy technologies. These investments advance research on wave-powered…
Asia Pacific air cargo demand hit by consumer spending shift and higher prices
A shift in consumer spending from goods to services and higher prices were partly to blame for an air cargo demand decline amongst Asia Pacific airlines in June. Preliminary June…
Wreck of Ancient Roman Cargo Ship Found off the Coast near Rome
The wreck of an ancient Roman cargo ship from more than 2,000 years ago has been found off the coast near Rome, the arts squad of Italy's Carabinieri police said…
Ocean Shippers Playing Catch Up to Electric Vehicle Fire Risk
Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission automobiles is exposing under-prepared maritime shippers to the risk of…
Older freighters starting to leave the market
Older freighters are being taken out of the transpacific market as they become increasingly uneconomical due to lower rates, according to Flexport. Speaking during a webinar, Flexport president ocean and…
Saudia looks to expand in Europe with Jan de Rijk deal
Saudia Cargo has selected trucking firm Jan de Rijk to provide Road Feeder Services (RFS) in Europe as it looks to expand its presence on the continent. The airline said…
DHL Group to acquire Turkish parcel delivery provider MNG Kargo
DHL Group has strengthened its European e-commerce business with the acquisition of Turkish parcel delivery company MNG Kargo and its subsidiaries. MNG Kargo’s parcel network, with 27 mid-mile sorting centres…
Biden Nominates Admiral Lisa Franchetti to be First Woman to Lead US Navy
President Joe Biden on Friday nominated Admiral Lisa Franchetti to lead the Navy, an historic step that would break a gender barrier in the U.S. military by making her the…
Ship Recycling: Prices Continue to Fall
Prices continue to struggle across the major ship recycling markets, reports cash buyer GMS. Bangladesh further declined after depreciating currencies and sustained credit struggles, while Turkey suffered similarly with declining…
Amazon Air continues to scale back flights with European reduction
Amazon Air is reducing the number of flights it completes in Europe after rapidly ramping up operations over the last few years. The e-commerce giant’s flights in Europe were launched…
DHL Express appoints MD Germany
DHL Express has appointed Mustafa Tonguç as managing director, Germany. Tonguç was previously managing director of DHL Express in Turkey, and has been in his new position since the beginning…
Panama Ship Registry – Member of the Qualship21 for first time in 20 years
The Panama Maritime Authority (AMP), the entity overseeing the Panama Ship Registry, received a letter of approval from the United States Coast Guard congratulating the country for its qualification to…
Canada port strikes could see congestion and shift to airfreight
Ongoing strike action at the ports of Vancouver and Prince Rupert in Canada hasn’t yet resulted in a shift of cargo from sea to air, but there could be disruption…
The global freight industry continues to breakthrough
According to a recent market research report published by Extrapolate, the global freight market will reach USD 251.1 billion by 2030. Its growth is driven by increasing demand for integrated…
Cathay Pacific expects intense cargo competition over the summer
Cathay Pacific is expecting an increasingly competitive air cargo market over the summer months and will add new freighter flights to North America as its belly operations continue to roll…
Western Global ratings withdrawn as bankruptcy considered
Freighter operator Western Global Airlines has had its credit rating withdrawn by financial services firm Moody’s while reports suggest the company is considering bankruptcy. Newswire Bloomberg yesterday reported that the…
Panama Canal Postpones Depth Restrictions after Much-needed Rain
The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the…
Etihad Cargo builds on pharma division
Etihad Cargo has launched a development programme to further build its pharmaceutical business. Pharma Champions was developed by Etihad Cargo’s business development, learning and development, and operations support teams to…
Maritime Transport in 2040: How FutureTechnologies Will Impact Seafarers
On 26 June, the International Transport Workers’ Federation (ITF) and the World Maritime University (WMU) launched a flagship report entitled, Transport 2040 - Impact of Technology on Seafarers - The…
Virgin Atlantic Cargo is “highly unlikely” to operate freighters again in current market
Virgin Atlantic Cargo (VAC) is “highly unlikely” to operate freighters now the air cargo market is in decline following its pandemic peak. VAC managing director Phil Wardlaw told Air Cargo…
Uni-Tankers Reports Record Results
Danish family-owned company Uni-Tankers has achieved record financial results for the financial year 2022-23 which it attributes to being a “streamlined organisation ready to seize each opportunity.”Earning after tax were…
US Marine Economy Worth $432 Billion in 2021
America’s marine economy contributed $432 billion in economic impact in 2021, making up nearly 2% of the nation’s gross domestic product (GDP).That is according to the most recent statistics from…
Qatar Cargo scoops IATA perishables standard to complete the set
Qatar Airways Cargo and ground handler Qatar Aviation Services (QAS) Cargo have achieved the IATA CEIV certificate for perishables – with the airline becoming the first to achieve all of…
Qatar Airways signs up for green jet fuel with Shell
Qatar Airways has signed a deal with Shell for 3,000 tonnes of neat (undiluted) Sustainable Aviation Fuel (SAF) at air cargo hub Amsterdam Schiphol Airport. The deal falls under the…
Air Mauritius signs worldwide deal with Champ Cargosystems
Air Mauritius has extended its relationship with airfreight IT firm Champ Cargosystems to a worldwide contract, including the EU, as it prepares to adopt the latter’s new ICS2 (Import Control…
Tower Sections for Vineyard Wind I Offshore Wind Project Arrive in U.S.
Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with…
Kongsberg Digital Secures $90 Million Investment from Shell Ventures and Idékapital
Shell Ventures and Idékapital have invested $90 million in Kongsberg Digital, a business area within Norway's KONGSBERG.The funding and new investors will support and accelerate the future growth and development…
Incheon Airport Community scores a world first with IATA certification
The Incheon International Airport Community has become the world’s first of its kind to receive Center of Excellence for Independent Validators (CEIV) Lithium Batteries (Li-Batt) certification from the International Air…
WFS opens air cargo terminal in India
Worldwide Flight Services (WFS) has opened an air cargo terminal and cold chain facility at Kempegowda International Airport, Bengaluru (BLR) in India. The cargo handler was awarded the 15-year licence…
Mediterranean Boat Carrying 500 Migrants has Disappeared, Rescuers Say
A boat carrying about 500 migrants, including a newborn baby and pregnant women, has disappeared in the central Mediterranean, two charities said on Friday. Alarm Phone, a group that picks…
Bolloré positive on CEVA takeover bid to create new logistics giant
The Bolloré Logistics name will disappear as its operations are brought under the CEVA Logistics brand, if CMA CGM Group’s bid to acquire the family-owned business receives regulatory approval, said…
US Builder ReconCraft to Produce Special Forces Boats for Norway
U.S. boatbuilder ReconCraft has been awarded a contract to build for two Combatant Craft Medium vessels for Norway, the Pentagon announced.The $22,070,151 firm-fixed-price contract contract includes options which, if exercised,…
World’s Largest Cruise Ship Taking Shape in Finland
Royal Caribbean's Icon of the Seas—the world's largest cruise ship—is taking shape at the Meyer Turku shipyard in Finland.The 250,800 GT vessel, the first in Royal Caribbean's new Icon-class, has…
Nippon Express acquisition of cargo-partner is confirmed
Austrian logistics provider cargo-partner will be sold to Japanese global logistics services company Nippon Express, the companies have confirmed after speculation dating back to last year. Cargo-partner company owner and…
Noise Mitigation: Bubble Curtain to Be Deployed During Construction of U.S. Largest Offshore Wind Project
U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first…
Spanish Warship Set for Propulsion Refit
ABB said it has secured a contract with the Spanish state-owned Navantia shipbuilding company to retrofit the Spanish Navy flagship Juan Carlos I with an electrical propulsion system based on…
Levelling up the gender gap in logistics
DG International head of airfreight Laura Odell started in the industry by chance but has since established a longstanding career. If there is one piece of advice UK-based DG International’s…
Airfreight rates slide in April
Airfreight rates on major east-west trade lanes declined in April as indicators of a recovery in March showed signs of fading (see chart below). The latest statistics from Baltic Exchange…
Kenya Airways Cargo achieves CEIV Pharma
Kenya Airways Cargo has been awarded IATA’s CEIV Pharma certification for its KQ Pharma Facility as it targets the healthcare market. The certification means that Kenya Airways’ pharma facility complies…
IAG Cargo sees cargo revenues decline despite demand increase
IAG Cargo registered a decline in its cargo revenues in the first quarter of the year despite seeing demand decrease. The cargo business, which includes British Airways, Iberia and Aer…
Senators Urge Biden to Enable Agency to Seize Tankers of Iran Oil
As Iran's oil exports rise despite U.S. sanctions over its nuclear program, senators from both parties urged President Joe Biden to enable a federal government agency to seize Iranian oil…
Swedavia looks for cargo development partners at Arlanda
Airport operator Swedavia is looking for companies to partner on the development of logistics facilities at Stockholm Arlanda Airport. The airport is currently developing a 144,400 sq m Cargo City…
High tension over batteries
As the number of lithium batteries in use continues to surge, the risks involved in transporting them by air are of growing concern. But there are moves afoot to address…
Air Canada Cargo starts freighter operations to Basel
Air Canada Cargo has begun freighter operations to Basel, Switzerland to tap into the area’s pharmaceutical business. The previously announced freighter route to Basel will be served by twice-weekly flights…
US air cargo firm fined for failing to screen for explosives
A Texas-based air cargo security company has been ordered to pay a hefty penalty after admitting it failed to comply with regulations regarding proper screening of cargo through George Bush…
Groundforce Portugal to upgrade to Hermes SaaS
Hermes Logistics Technologies (HLT) is to upgrade long-term customer Groundforce Portugal to its latest cloud-based Hermes 5 Software as a Service (SaaS) cargo management system. Switching to Hermes SaaS will…
CMA CGM Air Cargo launches new Paris-Guangzhou air cargo route
CMA CGM Air Cargo has carried out the maiden flight for a new air cargo route between Paris, France and Guangzhou, China. On Tuesday April 11, a CMA CGM Air…
World’s Largest FSRU Arrives in Hong Kong
The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong…
Global demand for oil tankers grows at record pace
According to the analytical agency Kpler, the average total volume of oil and oil products on board ships now exceeds 200 million barrels. The world is witnessing a boom in…
Nord Stream Pipeline Blasts Probe Continues, but Culprits Difficult to Determine
It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating…
Air cargo stabilises but there are risks ahead
Recent airfreight rate data appears to show that the air cargo market may have reached a new normal but the outlook remains cloudy. Writing in his monthly column for the…
Western Restrictions on Russian Oil Reshuffle Global Shipping Patterns
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled…
Lufthansa Cargo’s Ashwin Bhat to be new chief executive
Lufthansa Cargo has selected chief commercial officer Ashwin Bhat to be its new chief executive. He is due to take up the chief executive position on April 15, and in…
UK’s logistics sector positive on Trans-Pacific Partnership trade deal
The UK’s freight and logistics sector has welcomed news that the UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal although they say it won’t…
US Transfers Three Patrol Ships to the Egyptian Navy
The United States has transferred three U.S. Navy patrol craft to the Egyptian Navy in an effort to help boost regional maritime security.During a formal ceremony in Alexandria, Egypt on…
First LNG Bunker Ship Launched in China for Fratelli Cosulich Group
Alice Cosulich, the first of two Small Scale & Bunker Vessels for Fratelli Cosulich Group was recently christened and luanced at the CIMC SOE shipyard in China.Giulia Cosulich, ESG Corporate…
Abandoned Tug Sinks Near Seattle
A derelict tugboat began taking on water and sank Monday morning in Salmon Bay near Ballard in Seattle.The vessel, which had been abandoned for a number of years, was moored…
Forwarder Rhenus targets UK perishables market
Freight forwarder Rhenus Air & Ocean has launched a dedicated perishables division in the UK. The Rhenus Fresh department in the UK will offer time-critical, temperature-controlled services for the transportation…
What’s happening to oil prices
Global oil prices have been rising slowly but steadily recently. Analysts attribute this mainly to optimism that the lifting of tight restrictions in China will lead to a recovery in…
Norway’s Loke Buys UK Deep-sea Mining Firm from Lockheed
Norway's Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from Lockheed Martin, the companies said on Thursday.UKSR holds a 100% interest in two deep sea mineral…
Tokyo Narita Airport set for air cargo logistics facilities development
Tokyo Narita International Airport is set for major investment with a new project to develop air cargo logistics facilities. Commercial property company Goodman Group will partner with Tako Town, in…
FedEx raises expectation as cost cutting continues
FedEx saw fiscal third-quarter revenues and profits fall on last year but the company beat expectations and has raised its outlook as its cost-cutting measures continue. For the quarter ending…
Raindo United Services plans Asia freighter services
Indonesia-based Raindo United Services plans to launch domestic and international freighter services in July this year, using two leased B737-800 Boeing Converted Freighters (BCF) each with a capacity of 23 tons. The digital start-up cargo…
Lufthansa Cargo reports third year of record revenues
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels. Lufthansa’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50%…
Italy Urges ‘Stop’ to Migrant Boats as Shipwreck Death Toll Hits 63
Rescuers recovered four more bodies on Monday, a day after a wooden sailboat carrying migrants to Europe smashed onto rocks in stormy weather off southern Italy, bringing the death toll…
IAG Cargo adds Heathrow to Amsterdam freighter capacity
IAG Cargo increased its widebody cargo capacity from London Heathrow to Amsterdam from once to twice a week from February 15. “The additional day three service will be operated by…
Help Wanted: Build a New Industry
When Atlantic offshore wind (OSW) projects move into high gear they will kick-start a series of impacts affecting almost the entire East Coast economy, from logistics to transportation to utility…
Emissions Winners, Losers on Far East to U.S. West Coast Trade
Xeneta returns this week with a second ranking of carrier carbon emissions, this time focused on the Far East to U.S. West Coast Trade."Why are we doing this? We want…
IAG Cargo sees volumes grow in 2022 despite revenue drop off
IAG Cargo saw its cargo revenues decline last year despite a slight pick up in volumes as bellyhold operations returned following the Covid pandemic. The cargo division, which offers capacity…
Virgin Atlantic Cargo takes aim at online booking with new system
Virgin Atlantic Cargo has rolled out software firm Accelya’s FLX Cargo Platform ahead of a push towards online booking services. FLX will power the airline’s enterprise-wide cargo management platform, Voyager,…
Cyprus Rallies EU Partners to Get Shipping Sector Support
Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping minister said on Friday. Cyprus has…
DHL Express to offer SAF service for shipments
DHL Express has launched a new service that will allow customers to reduce carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF). The GoGreen Plus…
PortMiami to Get World’s Largest Shore Power System
The world's top passenger port is installing a network shore power systems for cruise ships that, once completed, will be the largest of its kind globally.PowerCon said it has been…
German airport strikes have “massive consequences” for cargo operations
Strikes taking place today at many of Germany’s airports will have “massive consequences” for air cargo and lead to “significant challenges” for humanitarian aid flights, according to the Barig airline…
Shipping industry forecasts for 2023
According to Lloyd's List analysts, who recently presented the development of the shipping segment in 2023, the long-term consequences of geopolitical, energy and economic shocks are difficult to predict, but…
Logistics UK grows its board
Logistics UK has strengthened its board with the appointment of three new directors. Louisa Hosegood, Simon Hobbs and Gavin Murdoch have joined the organisation’s board to help guide the business…
CargoAi highlights benefits of strategic investors over venture capital
Strategic investors allow companies to adopt a more long-term outlook than venture capital (VC) which can encourage short-term thinking, according to online booking portal CargoAi. The portal last year secured…
Lufthansa Cargo offers temperature tracking for perishables
Lufthansa Cargo has launched a new service that provides real-time tracking of the location and temperature of perishable products. The new service is launched in cooperation with Sensitech and Lobster…
Amazon and DHL scale back ATSG freighter operations
Amazon and DHL are expected to scale back US freighter operations with lessor Air Transport Services Group (ATSG). In a fleet outlook on February 6, ATSG said it expects to:…
Holland-Kaye to leave Heathrow
John Holland-Kaye has informed the Heathrow Airport board of his intention to stand down as the gateway operator’s chief executive this year. He has been at the helm for nine…
Ukraine ’23/24 Grain Crop Likely Down 35-40 Million Tons
Ukraine's grain harvest is likely to fall to 35 to 40 million tonnes in 2023, including 12-15 million tonnes of wheat and 15-17 million tonnes of corn, a senior analyst…
Boeing delivers last ever Boeing 747 to Atlas
Boeing is delivering its last ever B747 to cargo airline Atlas Air today. The final airplane, a B747-8 freighter, is the 1,574th manufactured during 55 years of production. Boeing said…
Putin Bans Exporting Russian Oil to Countries Implementing Price Caps
President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1…
Port of New York and New Jersey Remains US’ Top Container Port
The Port of New York and New Jersey has held onto the title as the United States’ busiest container port for a fourth consecutive month. In recent months, U.S. East…
When Fishing Boats Go Dark, They’re Often Committing Crimes
In January 2019, the Korean-flagged fishing vessel Oyang 77 sailed south toward international waters off Argentina. The vessel had a known history of nefarious activities, including underreporting its catch and…
Ship Recycling Endures a Turbulent 2022
Like much of the world, one word adequately describes the ship recycling market in 2022: turbulent. According to GMS, prices reached decade long peaks above $700/LDT in the first quarter…
Italy’s LNG Import Capacity and New Terminals
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas…
Dry Bulk: Capesizes Rates Top Five-month High
The Baltic Exchange's dry bulk sea freight index rose on Wednesday, as a jump in capesize segment to its highest since mid-July offsets a decline in rates for smaller vessel…
Wärtsilä’s Hybrid Propulsion System for Four New Heavy Lift Vessels
Finland-based marine engine and technology provider Wärtsilä will supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China. The ships are…
Africa’s Ports Race Creates Pathways for Plunder
Ports have long been integral to Africa’s connectivity with the rest of the world. Yet over the last 15 years, a new stage in maritime infrastructure planning and development has…
Baltic Dry Index Logs Best Week in 12
The Baltic Exchange's dry bulk sea freight index rose on Friday and posted its biggest weekly percentage gain since late-September, buoyed by strong demand for capesize vessels. The overall index,…
Ukraine Grain Deal Unlikely to Include New Ports in Near Term
United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include more Ukrainian ports or…
Singapore Bunker Sales Hit 22-month High
Marine fuel sales at Singapore jumped to a 22-month high in November, latest official data showed on Tueday, as lower prices lifted buying interest at the world's largest bunkering hub.…
Smart Sanctions: West Targets P&I Clubs to Limit Russian Shipping
The European Union and the United States are now targeting maritime protection and indemnity (P&I) insurance clubs to limit Russian shipping capacity and cap the price of its oil, meaning…
Waiting for cheap fuel
Attempts to limit offering Russian oil for consumption within the framework of sanctions imposed by the Western countries and their allies, most likely, will not end up with fulfilment of…
Shipping Must Accelerate Its Decarbonization Efforts, and Now It Has the Opportunity to Do So
Member states of the International Maritime Organisation (IMO), the UN agency that regulates international maritime affairs, are meeting on December 5-16 to discuss how to accelerate the industry’s climate mitigation…
Inside the Chinese Port Deal that Divided the German Government
The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works…
Shell’s 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel. In a social media post on Thursday, Boskalis said: "Boskalis’ semi-submersible transport vessel…
Western Officials in Talks with Turkey Over Oil Tanker Delays
Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said, after the G7 and European Union rolled out new restrictions…
Russia Concerned Over Oil Tankers Build-up in Bosphorus
Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with insurance and transport companies, RIA cited Russian deputy foreign minister Alexander…
Ship Recycling: No Impetus
Recycling markets are ambling towards the end of the year without any real impetus, ability, aggression, or even an apparent willingness to engage in discussions to buy, so volatile has…Russian Oil Sanctions fuel Demand for Old tankers
The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude. As Western shipping and maritime services firms…
French Grain Exports from Dunkirk Port at 10-year High
Nord Cereales, which runs France's third largest grain export silo at Dunkirk port, has shipped its biggest volume in over 10 years for the first five months of the season,…
Venezuelan Oil Exports Flow Using False Documents, Ships Linked to Iran
When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its cargo stating it was transporting Malaysian crude oil,…
Police Step Up Security Around Adani Port in India’s Kerala after Clashes
Police in southern India on Tuesday ramped up security around the $900 million transhipment port being built by billionaire Gautam Adani's conglomerate after scores of people were injured in clashes…
New Ship Technology Will Produce Hydrogen on Board from LNG
The technology group Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned Finnish company specializing in the development of a technology for producing clean hydrogen…
New coal shipping routes surprise. Delivery of African coal to Poland provided also via Riga
Decisions made by the Member States and several other rich countries consuming large amounts of energy for industrial and human comfort purposes to waive Russian coal have resulted in previously…
Woodside Energy Delivers LNG from Australia’s North West Shelf to Europe
Australian oil and gas company Woodside Energy said Monday it had delivered an LNG cargo to Europe on board the Woodside Rees Withers LNG carrier from Australia’s North West Shelf.…
Reach Subsea to Add Two ROV Support Vessels to Its Fleet
Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels. The company said it had secured "significant…
Baltic Dry Index Snaps Nine-day Losing Streak
The Baltic Exchange's dry bulk sea freight index rose on Wednesday for the first time in ten sessions, helped by an uptick in capesize rates. The overall index, which factors…
Britain Says Drone Circles Vessel in Gulf of Oman
Britain's maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an Iranian-made drone attacked a tanker in the region. The Maritime…
Fujairah Bunker Sales Slide 2% in October
Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed. Total sales volumes at Fujairah, excluding lubricants, were…
Black Sea Grain Export Deal Extended
A deal aimed at easing global food shortages by facilitating Ukraine's agricultural exports from its southern Black Sea ports was extended for 120 days on Thursday, though Moscow said its…
Nigeria to Build its First FLNG Unit
Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR. This will be…Germany Completes Construction of Floating LNG Terminal
Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and…
ABS Examines Alternative Fuels in Reports for EMSA
An ABS-led consortium, including CE Delft and Arcsilea, published two of up to six reports studying alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA). ABS offered…
MPC Container Ships Taps zero44 for CO2 Management Tools
Berlin-based zero44 signed a partnership with MPC Container Ships, which will use zero44's digital CO2 management solution for its fleet. Spun off by company builder Flagship Founders in May 2022,…
Sri Lanka Starts Construction of $700M Port Project
Sri Lanka's largest port began on Wednesday construction of a $700 million terminal project, partly funded by India's Adani Group, an official said, marking the first foray by an Indian…
Analysis: Meltdown in the Container Shipping Sector Gains Speed
Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge,…
Australian Mining Magnate Calls for Ban on Seabed Mining
Fortescue Metals executive chairman Andrew Forrest on Tuesday said his charitable foundation is in favor of a pause on seabed mining, the first time a prominent mining executive has spoken…
Busan, Pacific Northwest Seaports Partner on Decarbonization
The Northwest Seaport Alliance announced its newest decarbonization effort as part of the Green Shipping Challenge at the 27th Conference of the Parties (COP 27) to the United Nations Framework…
Navy: Swedish Combat Boat 90, both a Warrior and a Workhorse
The Swedish-built Combat Boat 90 (CB 90) has established itself with military forces around the world as both a warrior and a workhorse. The 52-foot boats first entered service in…
Maersk to Produce E-methanol in Spain for Its Cargo Ship Fleet
Shipping giant Maersk plans to produce up to two million tonnes of e-methanol a year in Spain by 2030 to supply its fleet of cargo ships and reduce its carbon…
German Navy Helping Norway Protect Offshore Oil Rigs, Pipelines
The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables, and pipelines, and is ready to do the same off the Danish and…
China Says U.S. has ‘No right’ to Interfere in Hamburg Port Deal
The U.S has "no right" to interfere in Chinese cooperation with Germany, China's foreign ministry said Thursday, after Washington cautioned against Beijing getting a controlling stake in Hamburg's port terminal.…
‘Carbon Free’ Platfom Supply Vessel Firm Launched in Norway
Norway-based company Amon Maritime has launched Amon Offshore - a new company focused on the offshore oil and gas market – with plans to operate carbon-free platform supply vessels. The…
Container Rates: Calm Before the Storm?
Stubborn long-term container rates refuse to follow in footsteps of huge spot declines, but change is coming - Xeneta With dramatic spot rate falls, a non-existent peak season, and easing…
What is Known About the Drone Attack on Crimea?
Russia suspended participation in the U.N.-brokered Black Sea grain deal after what it said was a Ukrainian drone attack on vessels in the Bay of Sevastopol in the early hours…
Rotterdam Port to Make New Metering System Compulsory for Ship Refueling
Rotterdam, Europe's biggest port, plans to make mass flow meters, which can measure fuel supplies more accurately, compulsory for ship refueling, a spokesperson for the port told Reuters on Thursday.…
Germany Hashes Out Compromise to Allow Smaller Stake China Port Deal
Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an "emergency…
PetroChina Takes Delivery of Large LNG Carrier from CSSC Shipyard
PetroChina International has taken delivery of a large liquefied natural gas (LNG) carrier from China's Hudong-Zhonghua Shipbuilding Group Ltd, the first of three tankers ordered under a joint venture with…
Shipbreaking Market Continues to Dim
The world gathered this week at a ship recycling conference in Dubai, for the first time in three years due to the onset of the pandemic. The big topics of…
EU Warned Germany Against Chinese Port Investment
The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources. Shipping giant…
Royal Caribbean Unveils World’s Largest Cruise Ship Icon of the Seas
Royal Caribbean has unveiled new design details for what is set to be the world's largest cruise ship, Icon of the Seas. The 250,800 GT vessel, the first in Royal…
Israel Shipyards Debuts SAAR Class Corvette
Israel Shipyards (ISL) unveiled a new corvette- SAAR S-80. The S80 vessel is based on ISL's S-72 platform, from which several designs have been evolved, including the Israeli Navy Light…
Black Sea Grain Deal Talks Bring Little Progress
Talks on extending a July deal that resumed Ukraine Black Sea grain and fertilizer exports are not making much progress because Russian concerns are not being taken into proper account,…Rosneft Moves Into Tanker Chartering as EU Ban Looms
Russia's biggest oil exporter Rosneft has expanded its tanker chartering business to ease oil shipments for buyers amid looming Western sanctions on insurance of Russian oil shipments, three sources familiar…
Russia is Prepared to Quit Black Sea Grains Deal
Moscow has submitted concerns to the United Nations about an agreement on Black Sea grain exports, and is prepared to reject renewing the deal next month unless its demands are…
Dry Bulk: Vessel Demand Wanes
The Baltic Exchange's dry bulk sea freight index fell for the sixth consecutive session on Thursday to mark its worst day since mid-September, as rates slipped across all vessel segments.…
Russia Needs Permission for Its Ships to Inspect Nord Stream Damage – Novak
Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did…
South Africa’s Busiest Port Durban Hobbled by Strike
Staff shortages caused by an ongoing strike over wages are impacting container and car terminals at South Africa's Durban port, one of the busiest on the continent, a unit of…
Fire Breaks Out on Containership in the Red Sea
A fire has broken out aboard a containership in the Red Sea, northwest of the Farasan Islands off Saudi Arabia. All 25 crewmembers on board have evacuated the burning ship…
US Sanctions Firms Transferring Oil to North Korean Ships at Sea
The United States on Friday imposed new sanctions following North Korea's latest missile launches this week, targeting a fuel procurement network that Washington said supports Pyongyang's weapons programs and its…
Israel, Lebanon Closing in on Maritime Border Deal
Lebanon and Israel are closer than ever to signing a deal demarcating their maritime border, opening the door to new oil and gas exploration, after years of U.S.-brokered negotiations. While…
Cyber Attacks On the Rise at US Ports and Terminals
Cyber attack attempts are becoming more common at U.S. ports and terminals, according to findings published this week by law firm Jones Walker LLP.The firm publicly released the findings of…
Capesize Gains Lift Baltic Index to Over 2-month High
The Baltic Exchange's main sea freight index jumped to a more than two-month high on Tuesday, propelled by gains across vessel segments, particularly the larger capesizes. The overall index, which…
Ship Recycling Prices Soften (again)
Sentiments have softened across sub-continent markets once again this week, as buyers appear increasingly reluctant to commit on fresh tonnage while fundamentals remain so shaky – especially as the markets…
Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines
Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an…
Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports
Numerous barges have run aground on the lower Mississippi River, and grain barge shipping rates are soaring to historic highs this week, as drought has dropped inland waterways to levels not…
PTT, AET Pen MoU to Build Zero-Emission Aframaxes
Thai national energy company, PTT and tanker operator AET have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia. Jointly, PTT and AET working to encourage…What is Known About the Nord Stream Gas Pipeline Leaks?
Unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Germany have prompted investigations by European countries into the cause, including possible sabotage. Denmark's armed…
Gas from Russia’s Nord Stream 2 Pipeline Leaks into Baltic Sea
The Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned…
Depleted Rhine Water Level in Germany Holds Above Crisis Lows
Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well above the crisis lows of this summer, vessel brokers and commodity traders…
Two Binding Bids for Greek Port
Greece received two binding bids for a majority stake in its northern port of Alexandroupolis, the country's privatizations agency HRADF said. The bidders for a 67% stake in the port…
Thai Navy Buys Aerial Drones to Patrol Its Seas
Thailand has signed a contract to buy Hermes 900 unmanned aerial vehicles (UAV) made by Israeli defense electronics company Elbit Systems for 4 billion baht ($107.67 million), the Thai navy…
Liverpool Dockworkers Launch Two-week Strike Over Pay Dispute
Over 500 dockworkers at the Port of Liverpool, one of Britain's largest container ports, have launched a two-week strike over pay, the Unite trade union said on Tuesday, adding to…
Partners Plan Cargo Ship That Runs on Green Ammonia
A team of Finnish maritime industry partners are developing plans to build a cargo vessel that runs on green ammonia. Shipping company Meriaura, technology company Wärtsilä and green energy project…
Baltic Dry Index Logs Best Week in Seven Months
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its best week in over seven months, largely driven by a 126% weekly gain…
Gazprom Loads First Cargo from New Portovaya LNG Plant
Russia’s energy giant Gazprom has loaded its first cargo from the Portovaya liquefied natural gas (LNG) plant close to the Russia-Finland border, which has a capacity of 1.5 million tonnes…
MOVE Plans Methanol-fueled RoRo Vessel
New Zealand based MOVE Logistics Group revealed its plans to order a new coastal roll-on, roll-off (RORO) vessel capable of running on methanol fuel. Earlier this year, MOVE secured $10…Europe in need for new floating gas terminals
Russia’s invasion of Ukraine has struck the relations between the European countries and Russia, including in the field of gas supplies. As the winter approaches, a number of countries are…
Markets: Ship Scrapping Perks Up
Following the sale of Capesize bulkers for recycling last week, the trend has continued this week as well, with further transactions reportedly taking place on units – including Capes and…
Shipping Lines, Container Owners Struggle to Return Boxes to China
Shipping lines and container owners in North America (majorly in the U.S.) are finding it difficult to return containers to China. To add to the present challenges, the U.S. is…
Romanian Navy Ship Hit by Drifting Mine in Black Sea
On Thursday, a Romanian Navy minesweeper was struck and damaged by a naval mine during a mission in the Black Sea, the service reported in a statement. At about 1300…
Baltic Dry Index Rises on Panamax Gains
The Baltic Exchange's main sea freight index rose on Friday and recorded its best week in about four months as panamax rates marked their biggest weekly gain in more than…
Bunkering Halted at at Key South Korean Ports as Typhoon Hits
Ship refuelling operations were temporarily halted at South Korea's Busan and Ulsan ports on Tuesday after typhoon Hinnamnor hit the country's southern region, trade sources said. The halt in operations…
DNV, MSC Ink 100 Vessel Deal for Anti-roll Assist and ARCS
Global container shipping line MSC Mediterranean Shipping Company (MSC) has signed a contract with classification society DNV that aims to address a growing problem within the maritime industry: lost containers…
Ukraine Dispatches Its Biggest Grain Convoy of U.N. Deal So Far
Ukraine said it had dispatched its biggest convoy of grain vessels under a U.N.-brokered deal so far after 13 ships set sail from its ports on Sunday carrying 282,500 tonnes…
UK Port Workers Plan Two-week Strike
More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strike from Sept. 19 to Oct. 3 over pay, the Unite union…
Capesize Bulker Rates See Best Day in Over Two Years
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments snapped their losing streaks, with capesize…
Bulker Breaking Up and Leaking Oil After Collision off Gibraltar
A bulk carrier that collided with an LNG tanker off Gibraltar started leaking fuel oil, authorities in the British overseas territory on the southern tip of the Iberian peninsula said…
Maersk continues push into logistics with latest takeover
Shipping giant AP Moller Maersk has completed the acquisition of e-commerce supply chain firm LF Logistics in a deal with an enterprise value of $3.6bn. Hong Kong-headquartered LF Logistics employs…
Maersk Agrees to Sell Stake in Russian Port Operator
A.P. Moller-Maersk said on Monday it has agreed to sell its 30.75% stake in Russian port operator Global Ports Investments to Russia's largest container operator Delo Group, which also owns…
Navigation endangered in the Europe’s busiest waterway due to low water level
Rhine River is one of the world’s busiest waterways and major transport artery for the Western European countries located on the banks thereof. However, due to the hot and dry…
Fire Breaks Out on Car Ferry off Swedish Coast
A fire has broken out on board a car ferry carrying 300 people off Sweden's coast, Swedish authorities said. The ferry is the 222-meter RoPax Stena Scandica, which operates on…
COSCO SHIPPING Lines Takes First Bunkering of Marine Biofuel
TotalEnergies Marine Fuels completed the first refuelling of a COSCO Shipping Lines containership with marine biofuel, marking TotalEnergies’ first biofuel bunkering operation for a containership in Singapore. On July 11,…
Baltic Dry Index Slides Sharply as Capesizes Hit Two-year Trough
The Baltic Exchange's main sea freight index registered its worst fall in three months on Thursday, weighed down by lower demand for coal and iron ore cargoes as steel output…
Germany, Canada Discussing Cooperation on Shipyards
Germany and Canada are talking about a possible cooperation on ship yards, German Economy Minister Robert Habeck said on Tuesday during a two-day visit to Canada with the German chancellor.
Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal
A total of 33 cargo ships carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports,…
Conflict in the South China SeaThreatens Australia’s Fuel Imports
China's sabre-rattling around Taiwan underlines the need for Australia to be prepared for conflict in the South China Sea. With its growing navy and air force, and the bases it…Workers at UK’s Biggest Container Port to Begin 8-day Strike
Workers at UK's Biggest Container Port to Begin 8-day Strike More than 1,900 workers at Britain's biggest container port are due on Sunday to start eight days of strike…
Britain to Receive Rare LNG Cargo from Australia
Britain is set to receive a rare shipment of liquefied natural gas (LNG) from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.…
Innovative Fishing Vessel Launched in Turkey
Turkey's Cemre Shipyard held a launch ceremony for the newbuild trawler Selvåg Senior being constructed for Norwegian owner Sørheim Holding. Developed in partnership with Skipsteknisk and Selvåg AS, the 79.5-meter-long…
Baltic Dry Index Drops for Fourth Week
The Baltic Exchange's main sea freight index fell to a fresh six-month low on Friday and posted its fourth consecutive weekly decline as rates slid across vessel segments. The…
Port of Felixstowe strike could see air cargo demand rise further
Strike action at the UK’s biggest container port could see demand for already stretched airfreight capacity increase further. Dockworkers belonging to union Unite will strike at the Port of Felixstowe…
Cuba Tames Mega Port Fire
Massive clouds of steam rose from Cuba's largest fuel depot in Matanzas on Wednesday as firefighters, helicopters and boats poured water and foam on the smoldering remains of the largest…
Fuel Oil Stored in Ships Near Singapore to Rise on More Russian Supplies
The number of tankers used to store bunker oil along the Singapore Strait has increased since the Ukrainian war broke out, and will rise further as sanctions-hit Russian supplies head…
Stena Exploring Dual-fuel Diesel/methanol with MAN, Proman
Engines manufacturer MAN Energy Solutions said it has signed a memorandum of understanding (MOU) with Stena Teknik – Stena’s inhouse R&D division – and Proman – the world’s second largest…
First-ever U.S. Sour Crude Cargo Sails to Germany as Russia Sanctions Bite
A tanker of U.S. sour crude was delivered at Germany's port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local…
EMAR Offshore Services Buys Two Fast Crew Suppliers for Oil & Gas Work in Angola
Dutch maritime services firm EMAR Offshore Services has bought two Damen Fast Crew Suppliers (FCS) 2206 for an undisclosed fee. The first vessel, named E-Six, has already begun operations in…
First Ship Under Ukraine Grain Deal Delayed En Route to Lebanon
The first grain ship to leave a Ukrainian port under a deal brokered last month will not arrive in Lebanon on Sunday as planned, the Ukrainian embassy in Lebanon said.…
Ukraine Asks Lebanon to Reopen Probe into Alleged Stolen Grain
Ukraine asked Lebanon's top prosecutor on Wednesday to reopen a probe into a ship Kyiv says was carrying stolen grain that remains docked in Lebanon pending a seizure order. Ukraine…
Obstacles to Overcome Before Ukraine Grain Deal Eases Global Food Crisis
The first ship carrying Ukrainian grain through the Black Sea since Russia invaded Ukraine more than five months ago left Odesa on Monday under a safe passage agreement that has…
Cheapest Overnight Shipping Option| FlagShip Canada
According to a 2021 survey, 68% of buyers agreed that they would place an online order if the shipping method offered was fast; buyers are no longer tolerating long delivery…
Container Shipping Rates: Has the Peak has been Reached?
Container Shipping Rates: Has the Peak Been Reached? Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing -…
Norwegian’s First Prima Class Cruise Ship Delivered
Norwegian Prima, the first of six vessels from Norwegian Cruise Line’s (NCL) new Prima Class of ships was delivered at Fincantieri's shipyard in Marghera on Friday. Along with her…Floating Oil Storage Stacks up in the Singapore Strait
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies…
Ukraine Working to Prep Black Sea Ports for Grain Exports
Ukraine's navy confirmed on Wednesday that work had started at three Ukrainian Black Sea ports aimed at preparing for the resumption of grain exports. "In connection with the signing of…
Satellite Images, Data Show Russian Ship ‘Looting’ Ukrainian Grain
Late last month, a Russian-flagged cargo ship carrying corn pulled into the Turkish port of Izmir on the Aegean Sea. The SV Nikolay had loaded the grain at Port Kavkaz,…
Shrugging off Russia Maritime Business Loss, Cyprus Targets Asia Shipping
Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as…
Can US Port Infrastructure Handle More Crude Exports?
Americans are exporting raw materials to meet strong demand from Europe following Russia’s invasion of Ukraine and subsequent sanctions against Moscow. US oil may find more buyers overseas in the…
UK Dockworkers at Major Container Port to Vote on Strike Over Pay
Hundreds of dockworkers at one of Britain’s largest container ports will be balloted for strike action in a dispute over pay and conditions, a union representing them said on Tuesday,…Ocean Yield Buys 5,500 TEU Newbuild
Ocean Yield, which describes itself as a ship-owning company with investments in vessels on long-term charters, has agreed to buy a 5,500 TEU container vessel newbuilding under construction at HJ Shipbuilding,…
Baltic Sea Freight Index Posts Weekly Gain as Capesize Rates Jump
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines…
Israel Sells Haifa Port for $1.2B
The Israeli government announced on Thursday that it has selected the winning bid for the privatization of the Haifa Port Company, which operated one of the largest container and cargo…
Ukraine Ministry: Ships Passing Through Danube Bystre Rivermouth
Ukraine’s infrastructure ministry said in a statement Tuesday that 16 ships had passed through the Danube’s newly-reopened Bystre rivermouth in the last four days and that the opening up of…
Russia and Turkey to Discuss Black Sea Shipping
Russian President Vladimir Putin and Turkish leader Tayyip Erdogan plan to meet in the near future after a phone conversation in which they discussed efforts to facilitate grain exports from…
Russia’s LPG Exporters to Use Georgia’s Poti Port
Russian exporters will start shipping supplies of liquefied petroleum gas (LPG) to Bulgaria via Georgia's Black Sea port of Poti in July as traditional export routes remain closed, according to…
Russian Missile Hits Tanker Drifting in Black Sea
Moldova-flagged chemical tanker Millennial Spirit, which has been drifting in the Black Sea for over four months, was hit by another Russian missile during an air strike on the Odesa region…
Ingalls Shipbuilding to Hire More Than 2,000 Full-time Shipbuilders
HII said Thursday announced today that the company’s Ingalls Shipbuilding division plans to hire over 2,000 full-time shipbuilders as part of its future workforce plans. "The new shipbuilders will join…
Egypt’s Suez Canal Revenue Hits Record High of $7B
Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman Osama Rabea said…
Swedish Maritime Administration Using AI in Search and Rescue
All radio traffic on the emergency channel that reaches Sweden is now transcribed by artificial intelligence (AI) and shown to the operators at the Joint Rescue Co-ordination Centre in Gothenburg…
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…
Stolt-Nielsen Says 2022 Q2 Profit Best Since 2007
Norwegian chemical tanker owner Stolt-Nielsen on Thursday reported a second-quarter net profit attributable to shareholders of $58.6 million, with revenue of $689.1 million. This is an increased compared with a…
Disney Unveils First New Cruise Ship in a Decade
Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to…
War in Ukraine Raises Global Shipping Costs, Stifles Trade -UNCTAD
GENEVA The war in Ukraine is stifling trade and logistics of the country and the Black Sea region, increasing global vessel demand and the cost of shipping worldwide, the UN’s…
Ship Recycling Market’s ‘New Normal’ is Turmoil
All of the major global recycling markets remain in turmoil for yet another week, with very few offers forthcoming (matching the near invisible number of units currently available for recycling),…
German Government Offers to Buy Rostock Shipyard for Navy
The German government confirmed that it has entered a bid to acquire the Rostock shipyard that formerly belong to the now defunct MV Werften group that financially collapsed in January…
Tankers Divert to Trinidad, Maryland After Freeport LNG Blast
At least six tankers set to load liquefied natural gas (LNG) at Freeport LNG this month have been diverted following the June 8 blast that shut the Texas facility, Refinitiv…
Cheapest Way to Ship Large Heavy Boxes
Cheapest Way to Ship Large Heavy Boxes | FlagShip Canada When you ship large, heavy boxes and/or items for your business, it can be very challenging and expensive. The process…
Ocean Shipping Reform Act of 2022: Long Term Fixes, But What’s in It for the Short Term?
The Ocean Shipping Reform Act of 2022 (the Act) was signed by President Biden on Thursday, June 16, 2022. The long term fixes, which require Federal Maritime Commission rule-making, establishes…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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.…
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…
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…
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%…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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,…
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,…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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 &…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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)…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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 –…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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,…
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,…
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…
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.…
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…
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…
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…
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…
Economic Stabilization or Destabilization of Countries?
Having performed small study on the information provided in the public space in relation to the global economy after yet another postponed “Brexit” transaction, I can draw a conclusion that…
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…
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…
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…
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…
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…
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)…
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…
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…
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…
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…
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…
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…
Renewal of Vessels, instead of Their Liquidation, Means New Challenges for the Shipping
The lifetime of modern vessels lasts from 25 to 30 years, before the layer of corrosion starts covering them, the engines have defects and other types of wear and tear…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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 –…
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…
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…
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…
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…
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…
Inventory of hazardous substances in container vessels: another necessary but bureaucratic burden for carriers
The European Union is working very hard to make ship recycling greener and safer in the future. It is quite clear that the dismantling of ships in many parts of…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
Inventory of hazardous substances in container vessels: another necessary but bureaucratic burden for carriers
The European Union is working very hard to make ship recycling greener and safer in the future. It is quite clear that the dismantling of ships in many parts of…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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
Renewal of Vessels, instead of Their Liquidation, Means New Challenges for the Shipping
The lifetime of modern vessels lasts from 25 to 30 years, before the layer of corrosion starts covering them, the engines have defects and other types of wear and tear…
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.…
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…
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…
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…
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…
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…
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,…
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,…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
“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…
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…
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.…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
Brexit “Whip” will make a Dent in German Economy
The experts already for a long period assume that the consequences of Brexit will be noticeable in many places globally, and we understand that everybody in the European Union will…
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…
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…
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…
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…
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…
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…
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’…
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.…
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…
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…
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…
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…
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…
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,…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
“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…
Intradco Global expands into Toronto and Dubai
Animal air charter specialist Intradco Global has expanded into Canada and the United Arab Emirates, opening offices in Toronto and Dubai. The move is part of the firm’s ongoing continental…MIA sets new record for cargo shipments in 2020
Miami International Airport (MIA) set a new record for cargo volume in 2020 with 2.32 million tons, which was 57,382 more tons than its total in 2019. MIA finished the…UPS revenue jumps 21% in Q4 2020
UPS has announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21.0% increase over the fourth quarter of 2019. Consolidated average daily volume increased 10.6% year over year. Operating profit…
Swissport awarded Lufthansa handling contract
The Lufthansa Group now also relies on Swissport’s air cargo handling services at London Heathrow Airport. The new contract complements the long-standing cooperation across the UK. Swissport now serves Lufthansa,…
Soaring container rates risk stifling post-COVID recovery
The surge in international container-shipping rates in recent months has left companies reliant on maritime transport facing delays and mounting costs that risk bogging down a post-coronavirus economic recovery. The…
TAPA achieves record membership growth
Rising concerns over the resilience of global supply chains trying to cope with the continuing disruption caused by the Covid pandemic have contributed to a record rise in annual membership…
DP World reports 7% volume growth in Q4 2020
In the fourth quarter of 2020 DP World Limited handled 19.1 million TEU across its global portfolio of container terminals, with gross container volumes increasing by 7.6% year-on-year on a…Seaspan signs-up for two new containerships
Seaspan Corporation (Seaspan), has entered into an agreement with a major shipyard for two 24,000 TEU ultra-modern newbuild container ships with anticipated deliveries beginning in the first half of 2023.…
Sun Country files for IPO on back of Amazon deal
Minneapolis-based Sun Country Airlines Holdings Inc. has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its…
Getting letters of undertaking right
A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo…
Maersk reports strong results in 2020
A.P. Moller – Maersk reported strong results for 2020 both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout…Shipping sector weighs impact of EU ETS
The European Parliament recently approved the inclusion of shipping into the EU Emissions Trading Scheme [ETS], which could dent shipowners’ profits. The shipping sector, which represents 13% of total…
Railway Technologies in Global Leadership and in the Perspectives of “Green Thinking” People
The railway history dates almost 2000 years ago, and today it has developed so far that the countries can compete for the most advanced railway technologies in the global market.…UPS supports COVID-19 vaccine distribution
UPS has announced its involvement and full support of distribution efforts for Pfizer-BioNTech’s COVID-19 vaccine as part of Operation Warp Speed. Pfizer’s and BioNTech’s vaccine, approved through a U.S. Food…
LATAM offers free delivery of COVID-19 vaccines
LATAM Airlines Group has announced that, through its Solidarity Plane program, it will make available to the authorities of the countries where it has domestic operations (Brazil, Chile, Colombia, Ecuador…
IAG Cargo uplifts record number of cherries
IAG Cargo, the cargo division of International Airlines Group (IAG), has transported record numbers of Argentinean and Chilean cherries, supporting this year’s season so far with special charters from Santiago…Brexit “Whip” will make a Dent in German Economy
The experts already for a long period assume that the consequences of Brexit will be noticeable in many places globally, and we understand that everybody in the European Union will…
Asiana Airlines awards Milan handling to WFS
Asiana Airlines has awarded a contract to handle its freighter services at Milan-Malpensa Airport to Worldwide Flight Services (WFS). The airline operates three Boeing 747 freighter flights a week from the…
Delta delivers COVID-19 vaccine shipments
Following successful shipments of test vaccines earlier this year, Delta Cargo has transported COVID-19 vaccines from Detroit to Atlanta and San Fransisco. “Within three hours of being engaged, Delta Cargo…
AirBridgeCargo deploys first B777 freighter
AirBridgeCargo (ABC), part of the Volga-Dnepr Group, has deployed its first Boeing B777 freighter. The freighter will be deployed on trans-Siberian services, with the first flight operating between Seoul and…
The Decade of Golden Economy in Germany has ended
At present the most recent GDP report of Germany on the decrease by 0.1% certainly marks the end of the decade of golden economy for the economy of Germany. Although…
ABB Marine & Ports opens cyber security lab
ABB Marine and Ports has opened a cyber security laboratory to support shipping companies at all stages of digitalisation. In line with the guidelines set out by the International Maritime Organization…
Evergreen takes delivery of two 12,000 TEU ships
Evergreen Line (Evergreen) has taken delivery of two new 12,000 TEU class F-type container ships, named the Ever Forever and the Ever Far. Ever Forever will be put into service on…
Stockholm Norvik Port opens for business
Stockholm Norvik Port, Sweden’s newest major port has opened on time and on budget. The entire Stockholm Norvik Port is now operational, with a container terminal that opened in May and a…Inventory of hazardous substances in container vessels: another necessary but bureaucratic burden for carriers
The European Union is working very hard to make ship recycling greener and safer in the future. It is quite clear that the dismantling of ships in many parts of…
DP World rollouts integrated service
DP World and its subsidiary P&O Ferrymasters have completed their first common carrier agreement to integrate their global maritime and logistics services into a unified customer proposition. This marks the…
Swissport completes financial restructure
Swissport has successfully completed its comprehensive financial restructuring. As part of a debt-for-equity swap, ownership of the company has been transferred from HNA Group to a group of financial investors…STI to invest US$46.m at Port of San Antonio
San Antonio Terminal Internacional (STI) and Puerto San Antonio (EPSA) have signed an amendment to the Concession Agreement to develop a new investment plan that, once complete, will extend the concession…Reaction of Marine Industry to Market Changes may Take Some Time
Great Britain is a nation of islands, therefore shipping and marine industries are among the most important manufacturing industries of Great Britain economy. 95% of all import and export is…
Adriatic Gate Container Terminal hits 300,000 TEU
Despite the challenges of the global pandemic, Adriatic Gate Container Terminal (AGCT) in Rijeka, Croatia reached a significant milestone, surpassing 300,000 TEUs on 23 December and setting a new record…
Dubai Airports joins vaccine logistics corridor
Dubai Airports, operator of Dubai International and Dubai World Central, and GMR Hyderabad have joined forces to create a COVID-19 vaccine distribution corridor. Home to 88 global airlines including Dubai’s…
Shippers and forwarders call for action
European shippers and freight forwarders have once more alerted the European Commission on the current practices of liner shipper carriers as European supply chains are becoming more distorted. The associations…Renewal of Vessels, instead of Their Liquidation, Means New Challenges for the Shipping
The lifetime of modern vessels lasts from 25 to 30 years, before the layer of corrosion starts covering them, the engines have defects and other types of wear and tear…Crisis Button of Global Economy has been Set Going
Lately the warning pilot lights of global economy have started glittering red. The forecasts provided by economists regarding the approaching global economic crisis in 2020 seem unavoidable. Besides, there are…
NEWS
-
The American Association of Port Authorities (AAPA) has welcomed news that the US Congress
has completed negotiations. -
The Los Angeles Board of Harbor Commissioners has approved an agreement with International
Business Machines. -
Starting 14 December, Qatar Airways Cargo will launch three times weekly Boeing 777-300
passenger freighters to Harstad-Narvik Airport. -
November 30, 2020 will be a date to remember at LATAM Group. For the first time, an aircraft from the
Group operated by LATAM Airlines Brazil landed in Doha, Qatar, transporting perishables from LATAM
Cargo customers in South America to Asia and returning to Latin America with a load of electronics. -
Healthcare procurement company Rafed and Abu Dhabi Ports have signed a collaboration agreement to
jointly launch the largest healthcare and medical supplies cold store distribution centre in the UAE.
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