NEWS
Navigating the Stormy Seas of U.S. Offshore Wind
Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project…Captains of Ships Damaging Baltic Cables could be Sanctioned
Captains of ships that damage underwater infrastructure in the Baltic Sea such as telecoms cables or pipelines should be put under EU sanctions to deter such acts, Polish Foreign Minister…Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind
Klaipėda Port Authority in Lithuania has signed an agreement for the infrastructure buildout for the offshore wind energy projects, starting with the reconstruction of quays on Smeltė peninsula, which will…Oil and Gas Traders to Seek Tariffs Exemptions from China for US Imports
Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied natural gas (LNG) imports from…Baltic Index snaps 13-day losing streak
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the…US: China’s Panama Canal presence “a security concern”
China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday,…CO2 Electrolyzer Development Aims to Promote Green e-Fuel Production
The ECO2Fuel project is testing a prototype direct, electrochemical CO2 conversion system that produces sustainable liquid e-fuels and chemicals such as methanol and ethanol. The aim is to scale the…Trump Designates Houthis a “Foreign Terrorist Organization”
U.S. President Donald Trump on Wednesday re-designated Yemen's Houthi movement, known formally as Ansar Allah, as a "foreign terrorist organization", the White House said. The move will impose harsher economic…Four Seasons Yachts Luxury Cruise Ship Launched
Fincantieri and Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, celebrated the launch of "Four Seasons I" at the Ancona shipyard, the first ultra-luxury ship under construction for…HX Expeditions Debuts New York to Greenland Tour
HX Expeditions (formerly Hurtigruten Expeditions) is launching the first-ever cruises from New York to Greenland: a roundtrip from Newark Liberty International Airport. Starting on June 21, 2025, Greenland’s National Day…Kongsberg delivers first REACH REMOTE USV
A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime. This ground-breaking achievement marks…Private Sector to Help Protect Subsea Cables in Europe
The US and Norway have agreed on further steps to increase the security of subsea infrastructure including better involvement of the private sector. The US and Nordic-Baltic countries, including Norway,…Singapore Achieved Record Growth in 2024
Singapore’s annual vessel arrival tonnage, total tonnage of ships under the Singapore flag, container throughput, total bunker sales and sales of alternative bunker fuels, reached new highs in 2024. Cargo…Baltic Index logs second straight weekly drop
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall…USPS 2025 Shipping and Service Changes
The United States Postal Service (USPS®) periodically adjusts its shipping rates, which can impact your shipping costs. This blog post will break down the latest USPS rate changes and show…
Putzger perspective: Is the party coming to an end?
The airfreight industry sails into 2025 on a massive tailwind that produced 15 months of uninterrupted growth up to October, much of it in excess of 10%. This was far…Maersk Air Cargo begins Billund-Zhengzhou airfreight route
Maersk Air Cargo has begun operating a new airfreight route between its Billund Airport hub in Denmark and Zhengzhou Xinzheng International Airport in China. The first flight arrived at Zhengzhou…Global Feeder Services now GSA for Antonov
Global Feeder Services has become the General Sales Agent (GSA) for Antonov Company in the US as part of a new strategic partnership. Ukrainian carrier Antonov Airlines, now based in…November demand up 10.5% for Asia Pacific airlines
International air cargo demand for Asia Pacific airlines in November was up 10.5% year on year, supported by continued e-commerce business, maritime disruption and the front-loading of export orders ahead…UK exporters warned to prepare now in case of new US tariffs
Logistics firm Aramex has warned UK exporters that they could face extra supply chain costs and shipment delays if the US opts to add tariffs on products being sold from…DHL reveals its most unusual deliveries of 2024
From a disabled chimpanzee to a mobile heart clinic, DHL has shared five of the most extraordinary shipments that it carried out in 2024. One such example is DHL’s effort…What are the biggest trends and challenges for air cargo in 2025?
Air cargo staff shortages, US-China trade and supply chain weaknesses are amongst the issues that will concern airfreight professionals going into next year, according to one industry expert. Fluent Cargo…Emirates SkyCargo responds to rising pharma volumes with Copenhagen freighter call
Emirates SkyCargo has added a weekly freighter call to Copenhagen Airport in Denmark in response to rising demand. The carrier decided to add a freighter flight to the airport after…FedEx Freight to be split from FedEx and Q2 Express revenue flat
The board of FedEx has agreed to separate FedEx and FedEx Freight with the reasoning that “separation unlocks significant value”. FedEx Corporation confirmed the decision in its fiscal second quarter…WASHINGTON WATCH: Looking Forward and Aft at the Maritime Political Landscape
Jeff Vogel, Contributor Jeff Vogel is a partner in Cozen O’Connor’s Transportation & Trade Group With the election (largely) settled, we turn our attention to the challenges and opportunities that…Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak
Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in…NATO Bolsters Baltic Sea Ops in Wake of Cable Sabotage
NATO will boost its presence in the Baltic Sea after the suspected sabotage this week of an undersea power cable and four internet lines, while alliance member Estonia launched a…Air cargo market unusually busy as pre-tariff shipments pick up
The air cargo market is unusually busy as 2024 draws to a close as shippers have been exporting goods out of China to the US ahead of expected new tariffs…Mark Drusch joins Freightos board
Qatar Airways chief cargo officer Mark Drusch has joined the board at online booking and rate firm Freightos. Drusch announced his appointment on LinkedIn on Monday December 23. He said:…Qantas Freight expects 5% rise in festive peak volumes
Qantas Freight volumes for the Christmas period are expected to be up 5% compared to last year as online shopping continues to boom. The cargo division of Australian airline Qantas…China Airlines plans to order four Boeing 777-8 freighters
Taiwan based China Airlines has announced plans to order four 777-8F freighters with deliveries expected from 2029. The new generation freighters will be used for long-haul cargo routes to North…BOEM Okays New England Offshore Wind Project
The Interior Department has now approved more than 19 gigawatts of offshore wind energy. The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th…CargoLogicAir stock to be sold at Schiphol and Han
CargoLogicAir’s stock at Amsterdam Airport Schiphol in the Netherlands and Hahn Airport in Germany is anticipated to be sold by the end of this year, as administrators continue to wrap…Volunteers Battle Black Sea Oil Spill
Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster. The oil spilled from…GlobalX creates new airline with ATB Aviation Australia
US-based Global Crossing Airlines Group (GlobalX) has entered into a joint venture (JV) with ATB Aviation Australia to establish a new Melbourne-headquartered airline that will serve the Asia Pacific (APAC)…Forwarder Metro awarded air business of the year at Logistics UK Awards
Freight forwarder Metro was announced as the winner of the air cargo business of the year award at this year’s Logistics UK Awards. The awards ceremony took place last night…Suder set to scoop Deutsche Post chairwoman role
The supervisory board of Deutsche Post, part of the DHL Group, intends to elect Katrin Suder as its chairwoman following the firm’s annual general meeting on May 2. Suder would…Growing demand could see shippers’ air cargo spend rise in 2025
Growing air cargo demand driven by e-commerce and semiconductor volumes is expected to result in another tight air cargo market in 2025 with shippers facing the prospect of their transport…Elpers scoops operations VP role at KLM Cargo
KLM Cargo has appointed Charlotte Elpers as vice president of worldwide operations to succeed Koen Bolster who has scooped a new role at the group. Elpers will start in her…UK and Dutch investors await approval to pick up Air Belgium’s freight operations
UK long-haul freight specialist Air One Holdings International and a Dutch firm, Peso Aviation Management, are looking to take over the cargo operations of struggling carrier Air Belgium. The two…Emirates SkyCargo adds spot quotes to digital offering
Emirates SkyCargo has launched a new service giving customers access to spot quotes on its e-SkyCargo digital platform. The Dubai-hubbed carrier said the eQuote service would allow customers to request…Dutch government announces latest plan to limit Schiphol flights
The Dutch government has announced its intention to limit flights at Schiphol to 478,000 aircraft movements next year. Earlier this year, the government announced it would limit flights at the…dnata is first ground handler in Europe to earn IATA environmental management certification
Global air and travel services provider dnata has become the first ground handler in Europe to receive the IATA environmental management certification in recognition of its sustainability initiatives. IATA Environmental…LATAM Cargo transports Chile’s first fresh salmon shipment to Australia
LATAM Cargo has transported Chile’s first-ever salmon shipment of fresh, chilled salmon fillets to Australia. The 220 kg shipment was transported in the bellyhold of a Boeing 787-9 Dreamliner aircraft…Pharma.Aero validates Hong Kong-Miami pharma corridor
The Hong Kong-Miami pharma corridor has been successfully validated through Pharma.Aero’s Corridor 3.0 Project. Through the Corridor 3.0 project, Hong Kong International Airport, Miami International Airport and Cathay Cargo have…EU approves sale of Asiana’s cargo business to Air Incheon
The European Commission has approved the sale of Asiana Airlines’ cargo business to Air Incheon to enable Korean Air to move closer to acquiring Asiana Airlines. On February 13, the Commission…ACS assists in largest rhino relocation conservation project
Air Charter Service (ACS) has assisted in what is understood to be the world’s largest rhinoceros relocation conservation project. Last month, in conjunction with a major South African conservation and…Cathay Cargo Terminal boost security with AI
Cathay Cargo Terminal has become the first air cargo terminal in Hong Kong to integrate Artificial Intelligence (AI) with its existing CCTV infrastructure to enhance safety and security monitoring across…Flatlining rates reflect a quieter than expected peak season
Only a few months ago, the air cargo industry was preparing for what was expected to be a busy peak season out of Asia. However, the flatlining of airfreight rates…Flexport appoints Sanvicente as SVP Asia Pacific
Flexport has appointed Daniel Sanvicente as senior vice president and head of Asia Pacific. The forwarder said Sanvicente will focus on driving growth and strengthening the company’s regional presence. He…e2open partners with WebCargo on air cargo bookings
Supply chain software firm e2open will embed air cargo booking portal WebCargo into its Transport Management System (TMS) to expand its offering. The partnership means that freight forwarders that use…Upside potential for Amazon’s move into air cargo
Amazon Air’s new third-party service offering will benefit from the airline’s directional imbalance, the increased regularity of its services and the recent expansion at some of its main hubs. In…Amazon, IKEA Push for Green Fuels
Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in…Boeing: Potential under supply in widebody freighters over coming years
There is the potential of an undersupply of large widebody freighters in the second half of the decade, according to Boeing vice president of commercial marketing Darren Hulst. Speaking at…Levu Air Cargo begins operations with A321F in Latin America
Levu Air Cargo has begun operations and has also become the first airline to operate an A321 freighter in Latin America. The new Brazilian airline announced in May it had…Germany Rejects Russian LNG Shipment
Germany has refused to allow a Russian LNG shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said…Mitsubishi Shipbuilding Christens LNG RORO
Mitsubishi Shipbuilding has launched the Trans Harmony Emerald, the second of two LNG-powered roros under construction for Toyofuji Shipping. The ship's handover is scheduled for June 2025 following completion of…Emirates SkyCargo volumes up 16% in first half
Emirates SkyCargo has reported a rapid increase in volumes in the first half of the year thanks to general market improvements and additional freighters. The freighter operator reported a 16%…Air France KLM Cargo eyes Asia as performance improves in Q3
Air France KLM Martinair Cargo recorded improvements in cargo volumes, revenues and yield in the third quarter as it benefitted from rising demand out of Asia Pacific. The Franco-Dutch airline…Reports: China Airlines mulls order for four freighters
Taiwan-based China Airlines is reportedly considering placing an order for new freighters against a backdrop of maintaining Taiwan’s relationship with the US. The airline is considering an order for four…ACP: Panama Canal Could Double Box Transits
The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal's chief told a maritime conference on Friday.…NAV AERO partners with Saudia Cargo
Global General Sales and Services (GSSA) network, NAV AERO has announced a partnership with Saudia Cargo. NAV AERO said the collaboration is expected to offer customers “improved efficiency, capacity, and…Air Canada reports 18% cargo revenue growth in Q3
Air Canada saw 18% year on year cargo revenue growth in the third quarter of 2024, primarily due to thriving belly cargo in the Pacific market. Revenues reached C$253m during…SpeedX acquires Accelerated Global Solutions
Tech-enabled last mile delivery platform SpeedX has delved into airfreight with the acquisition of freight forwarder Accelerated Global Solutions (AGS). AGS brings a range of services to SpeedX, including international…ATSG to be acquired for $3.1bn
Investment firm Stonepeak is set to acquire US freighter lessor and operator Air Transport Services Group (ATSG) for $3.1bn. The two businesses have entered into a definitive agreement, which has…Nunes heads up operations at Chapman Freeborn
Bernardo Nunes has been appointed chief operating officer at aircraft charter company Chapman Freeborn. Nunes returns to Chapman Freeborn after previously serving as director of transformation and analytics in 2021…Hong Kong airfreight market outlook weakens but busy peak still expected
The market outlook of Hong Kong airfreight traders has weakened in recent months but the peak season is still expected to be busy. The fourth quarter DHL Air Trade Index…Virgin resurrects cargo-only Brussels flights
Virgin Atlantic will resurrect its cargo-focused flights between Heathrow and Brussels, this time utilising passenger aircraft to carry cargo. Today, the UK carrier announced the addition of daily flights to…Scan Global Logistics adds Ireland presence
Freight forwarder Scan Global Logistics (SGL) has continued its ongoing expansion with the opening of its first office in Ireland. The Denmark-headquartered forwarder said the new Dublin office would help…Flexibility needed for Heathrow AIS trucking, say stakeholders
Air cargo stakeholders have stressed they need flexibility built into a digitalisation project for truck handling operations at Heathrow Airport. Attendees at an event to discuss the CCS-UK AIS (Advance…SF Express speeds up cargo handling with new Changi Airport facility
SF Express Singapore has opened a new airside logistics facility in Changi Airfreight Centre at Singapore Changi Airport to improve its cargo sorting and transhipment capacity. The new facility, situated…First A321F for Azul as EFW gains Brazilian STC
Elbe Flugzeugwerke GmbH (EFW) has received the validation of its Supplement Type Certification (V-STC) for its Airbus A321 Passenger-to-Freighter (P2F) conversion programme from Brazil’s National Civil Aviation Agency (ANAC). This…Supply chains face new incendiary threat
Supply chains are facing disruption caused by the new threat of incendiary devices being placed on aircraft. Following the discovery of incendiary devices in European parcel networks, Airforwarders Association executive…Asia Airfreight Terminal becomes handler for two airlines
Hong Kong Airport-based Asia Airfreight Terminal (AAT) has become the primary cargo handler for Thai Lion Air’s daily flights from Bangkok to Hong Kong and Indonesia AirAsia’s daily flights from…Boeing clocks up 11 777F orders in September
Boeing received 11 orders for the 777 freighter in September, taking the total number of orders of the model this year to 28. The customers for the 777F have largely…US airlines maintain cargo embargos as Hurricane Milton hits
US carriers are maintaining and extending their cargo embargoes at stations in Florida as Hurricane Milton makes landfall. Overnight the hurricane weakened from category five to three but is still…MAB Kargo obtains Cargo iQ certification
MAB Kargo (Malaysia Airlines Berhad Cargo) has obtained Cargo iQ certification after a successful audit evaluating quality management across its air cargo operations. The company, which commercially operates as MASkargo,…Hurricane Milton Bears Down on Florida’s Gulf Coast
Hurricane Milton closed in on Florida's Gulf Coast on Wednesday, spawning tornados and lashing the region with rain and wind hours ahead of its expected landfall near Tampa Bay, where…Six Die in Russian Attack on Odesa
A Russian ballistic missile attack on Wednesday on the port infrastructure of Ukraine's southern Odesa region killed six people and injured eight, Odesa Regional Governor Oleh Kiper said. The injured…IAG Cargo looks to capitalise on new Asia Pacific flights
IAG Cargo is hoping to capitalise on the addition of extra capacity to the Asia Pacific region as sister companies British Airway and Iberia add flights to Bangkok, Kuala Lumpur…New head of Swiss WorldCargo named
Alain Chisari has been appointed as the new head of Swiss WorldCargo to succeed Lorenzo Stoll, who left the airline in July to take over as chief executive of a…APG Cargo appoints MacFarlane as commercial manager
GSSA APG Cargo UK has appointed Sarah MacFarlane as its new commercial director. In her new role, MacFarlane will be responsible for overseeing APG Cargo UK’s commercial operations, building and…No resolution in sight as US east coast port strike action draws closer
Potential strike action at US East Coast and Gulf Coast container ports is drawing closer as there is no resolution in sight to the ongoing dispute between terminal operators and…Formula 1 and DHL give the green light to SAF
Racing car series Formula 1 has this year been teaming up with DHL Global Forwarding (GF) to utilise Sustainable Aviation Fuel (SAF) to transport equipment to races around the world.…Cathay ends Covid financial ties with government
Hong Kong-based Cathay Pacific Airways has completed the buyback of all of the warrants it had issued to the Hong Kong SAR (HKSAR) Government in 2020 as part of its…Virgin Cargo appoints ECS Group as Europe GSSA
Virgin Atlantic Cargo has confirmed the appointment of ECS Group, through its subsidiary TCE, as its new General Sales & Service Agent (GSSA) in continental Europe. Implementation of the deal…Forwarders voice concerns over recent ramp up in US cargo requirements
Forwarders are facing an array of challenges in meeting the recent new security requirements for air cargo shipments added by the US and Canadian governments following reports of two packages…Swissport steps up shift to electric vehicles
From January next year Swissport will strengthen its sustainability credentials with a rule stating many types of new vehicles can only be ordered in electric versions. The directive includes vehicles…US Offshore Oil Production Reawakens in Wake of Hurricane Francine
U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output,…Asia Airfreight Terminal to handle cargo for Fly Khiva in HK
SATS-owned Asia Airfreight Terminal (AAT) has been selected as the preferred cargo handler for Fly Khiva Group in Hong Kong. Tashkent, Uzbekistan-based cargo carrier Fly Khiva launched its inaugural flight…EVA Air to use AeroSHARK technology on 777Fs
Taipei-based EVA Air will become the first Asian airline to modify its fleet of nine Boeing 777 freighters with environmentally friendly drag-reducing AeroSHARK surface technology. Lufthansa Technik’s and BASF’s jointly…Navigating air cargo’s peak season
To avoid peak season meltdown, logistics providers and air cargo carriers must meet the challenges this time of year brings. Attacks on cargo ships in the Red Sea have caused…Bangladesh air cargo rates still elevated
Air cargo rates out of Bangladesh were still elevated in the last full week of August as a range of issues has hit supply chains from the country over the…Transpacific air cargo rates pick up in August as firm demand continues
Air cargo rates on the transpacific trade picked up in August as the busy market conditions continued and companies begin to eye what is expected to be a strong peak…WFS Holland to swoop on Menzies World Cargo Amsterdam
Worldwide Flight Services (WFS) Holland will purchase Menzies World Cargo (Amsterdam) as it looks to expand its presence at Schiphol Airport. The SATS Group-owned cargo handler said that its operation…Alaska promises Hawaiian a warm welcome as merger clears hurdle
Alaska Airlines’ acquisition of Hawaiian Airlines has cleared a major hurdle after the Seattle-based carrier said on August 20 that the time period for the US Department of Justice to…Freightos acquires Shipsta
Online booking and rate firm Freightos has acquired multimodal tender procurement platform Shipsta to expand its spot pricing, quoting, and booking capabilities. Headquartered in Luxembourg, Shipsta supports companies’ freight procurement…Air Incheon signs up to Boeing’s Flight Ops programme
South Korean all-cargo carrier Air Incheon has become one of the first airlines in the country to sign up to Boeing’s Flight Operations Representative (FOR) programme. The aircraft manufacturer will…Orphan chimp finds her forever home thanks to DHL Express
DHL Express has helped Monkey World Ape Rescue Centre move orphaned chimpanzee Chocolat to her new home at the sanctuary in Dorset, UK. A victim of the Republic of Congo’s…Bournemouth wins northwest China freighter
A new freighter service has been launched between Urumqi in northwest China and the UK’s Bournemouth airport. According to Xinhua, Urumqi Diwopu International Airport said that the service will operate…First US airside centralised examination station for cargo opens
The first U.S. Customs and Border Protection (CBP) air cargo centralised examination station (CES) with direct access to an Airport Air Operations Area (AOA) has been opened. CBP officials from…India’s cargo charter demand surges for ACS
Charter broker Air Charter Service (ACS) has seen cargo demand out of India surge this year helping to push up revenues. The UK-headquartered firm said its Indian offices have seen…Cargojet invests in more 767s as Q2 revenue climbs 10%
Cargojet has affirmed its focus on growing 767 freighter operations with the acquisition of two more passenger aircraft for future conversion. The Canadian cargo airline confirmed it had two 767s…SmartLynx appoints fleet director
ACMI (Aircraft, Crew, Maintenance, Insurance), cargo, and charter operator SmartLynx Airlines has appointed Harris Manolopoulos as its new director of fleet. He will lead the fleet management department and be…Turkish Cargo receives IATA Smart Facility certificate
Turkish Cargo has received IATA’s Smart Facility Operational Capacity Certification for its SMARTIST facility at Istanbul Airport. This certification confirms that Turkish Cargo’s operational procedures comply with IATA regulations (IATA…E-commerce volumes on the up at Helsinki
E-commerce volumes being transported through Helsinki Airport have grown rapidly over the past year following the start up of parcel firm Nordic Parcel Express. The company started operations in August…SF Airlines launches new China-Budapest route
SF Airlines has launched a new cargo route between Urumqi in the Xinjiang region of northwestern China and Budapest in Hungary to serve e-commerce, agricultural and speciality product demand. The…Etihad cargo revenue up 10% in first half
Etihad Airways’ cargo revenue increased by approximately 10% in the first half of this year compared to the same period of 2023. The Abu Dhabi-headquartered airline’s cargo revenue was AED1.9bn…US bill takes aim at Chinese e-commerce imports
A senate bill aims to place US e-commerce imports under greater scrutiny to tackle shipments containing illegal and counterfeit products. The bipartisan Fighting Illicit Goods, Helping Trustworthy Importers, and Netting…K+N uses SAF to minimise Mercedes-Benz carbon footprint
Supply chain services provider Kuehne+Nagel (K+N) has pointed to its use of sustainable aviation fuel (SAF) in supporting Mercedes-Benz’s logistics chains into the US for over a year as helping…IATA data highlights continued strong demand for air cargo
The International Air Transport Association (IATA) latest data show that global air cargo markets are continuing to boom. June’s figures have contributed to what IATA has described as “an exceptional…CMA CGM completes sale of Bolloré Logistics’ operations in French Overseas Territories
The CMA CGM Group has completed the sale of 100% of subsidiary Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia to the Balguerie Group. The Marseille-headquartered shipping…United goes with Neste for SAF at O’Hare
Finland-based sustainable fuels supplier Neste is to provide up to 1m gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel (SAF) to United Airlines for use at Chicago O’Hare…Xeneta: strong demand for air cargo drives higher spot rates
The quicker than expected recovery to July’s global IT outage meant that there was no significant ongoing disruption to rates amidst ongoing strong demand for air cargo, according to the…Changi keeps cargo volumes up with China and US demand
Singapore Changi Airport saw a healthy increase in second quarter air cargo volumes largely thanks to robust shipment flows with the US and China. The airport registered 485,000 tonnes of…LATAM Cargo expands Miami-São José dos Campos cargo capacity
LATAM Cargo is expanding capacity on its freighter flights from Miami to São José dos Campos in response to rising volumes of electronic equipment. The carrier will add an extra…Logistics UK welcomes funding for green aviation projects
The UK government will make more than £100m in funding available for five research and development projects that aim to reduce the environmental impact of aviation. The Department for Business…US Opens Bidding for Offshore Wind Acreage off Texas
The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy…Menzies and KLM renew cargo partnership at AMS
Menzies Aviation has renewed a major cargo and ground handling contract with KLM Royal Dutch Airlines at Amsterdam Airport Schiphol (AMS). The ground handler will provide cargo warehouse and ramp…Preliminary report on Atlas Air Hong Kong incident released
The Air Accident Investigation Authority (AAIA) of Hong Kong found a hydraulic system failure led to the emergency landing of an Atlas Air freighter at Hong Kong International (HKIA) in…NY Governor Announces Start of Construction on Sunrise Wind Project
New York Governor Kathy Hochul announced the start of construction on Sunrise Wind, a 924-megawatt offshore wind project developed by Orsted, the New York State Energy Research and Development Authority…Women in Maritime Exhibition Comes to Portsmouth
After its launch at last year’s London International Shipping Week, an exhibition spotlighting the inspirational stories of women in maritime is coming to Portsmouth, United Kingdom.Launching on Friday August 2,…Mammoth’s first 777-200LR conversion at STS Manchester underway
Mammoth Freighters has inducted its first 777-200LR passenger to freighter (P2F) conversion at the STS Aviation Services facility in Manchester, UK. STS is now working to convert the 777-200LR aircraft…Textron Aviation delivers first combi Cessna SkyCourier
Textron Aviation has delivered the first ever Cessna SkyCourier twin-engine utility turboprop equipped with a Combi interior conversion option. The aircraft was delivered to Everts Air, a Part 135 operator…Swiss WorldCargo commences three-year cargo contract with WFS in Milan Malpensa Airport
Swiss WorldCargo has commenced a three-year cargo handling contract with Worldwide Flight Services (WFS) at Milan Malpensa Airport. The airfreight division of Swiss International Air Lines (SWISS) serves the Italian…Delft Students Cross North Sea on Self-Built Hydrogen Boat
On July 11, 2024, Dutch students from the TU Delft Hydro Motion Team arrived in Ramsgate with their self-built hydrogen boat, becoming the first to cross from the Netherlands to…Maersk Air Cargo takes delivery of first 777F
Maersk Air Cargo has taken delivery of the first of two new Boeing 777 freighters and expects the second before the end of September. The 777F was presented to Maersk…Merchant Vessel Reports Explosions Near Yemen
British security firm Ambrey said early on Friday that a merchant vessel reported two explosions about 21 nautical miles (39 km) west of Yemen's Mocha.One "missile" impacted the water and…NAV AERO expands global cargo GSSA network
Membership group NAV AERO is expanding its global cargo General Sales and Services (GSSA) network with Iberian Peninsula-based CRS Airlines Representatives. This addition to the NAV AERO network will help…
Lufthansa finally able to proceed with ITA Airways stake
The European Commission has approved Lufthansa’s bid to buy a 41% stake in ITA Airways, over two and half years since Lufthansa first expressed interest in the Italian carrier. Air…
Logistics UK calls on new government to deliver on supply chains
Logistics UK has called on the newly-elected Labour government to “kickstart growth” by working with the country’s freight sector to deliver its promised industrial strategy. The trade association said that…OIA expands to Ireland with acquisition of Sandford Freight
US supply chain services company OIA Global has extended its European network to Ireland with the acquisition of Dublin-based multimodal freight forwarder Sandford Freight. OIA Global said the acquisition is…Etihad responds to rising US cargo demand with extra capacity
Etihad Cargo is looking to meet rising demand to the US and Canada through the addition of extra capacity to key North American destinations. The Abu Dhabi-headquartered carrier said it…Unions oppose Air Incheon’s bid for Asiana’s cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of…WFS extends cargo handling partnership with American in Europe
Worldwide Flight Services (WFS) has extended its partnership with American Airlines through a new cargo handling contract in Copenhagen to support the launch of the airline’s daily Boeing 787 flights…Teleport targets China e-commerce air cargo
Teleport aims to further build up its e-commerce air cargo business between China and southeast Asia with next-day services. The Malaysia-based logistics provider said it is working on cutting the…Leipzig/Halle Airport operator set for cash injection
Financially troubled Leipzig/Halle Airport operator Mitteldeutsche Flughafen AG (MFAG) is set to receive a cash injection from its shareholders, while it is also considering the merger of its cargo handling…Swiss WorldCargo turns to direct air capture to offset emissions
Swiss WorldCargo is offering a new solution that will use direct air capture (DAC) and sustainable aviation fuel (SAF) to offset carbon emissions. The Swiss airline is partnering with carbon…Amazon places more freighters with Sun Country Airlines
Amazon Air has placed an additional eight Boeing 737-800 freighters with Sun Country Airlines as it deepens its partnership with the Minneapolis-headquartered carrier. The amended air transport service agreement means…Antonov Airlines AN-124 completes US satellite flight
Antonov Airlines and charter firm Proair have transported a satellite and supporting equipment from Turkey to the US utilising one of its AN-124-100 aircraft. The Türksat 6A satellite was transported…Qatar Shipyard Earns Remote Survey Approval from ABS
Qatar Shipyard and Technology Solutions has received ABS approval for a range of ship repair and retrofit work processes for remote survey, the classification society announced. As part of a…US East Coast Port Union Strike Threat to Test Shippers’ Nerves
Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and…FedEx plans to cut up to 2,000 jobs in Europe
FedEx is planning to cut thousands of jobs in Europe as it continues to struggle with sluggish market conditions. The express giant said that it would let go between 1,700…US Regional Air Cargo Carriers Association scholarship programme open for applications
The US Regional Air Cargo Carriers Association (RACCA) has opened applications for its scholarship programme that is designed to help aspiring pilots, aircraft maintenance technicians (AMT) and airline managers to pursue…JD Airlines to lease four 737-800BCF from AerCap
AerCap has signed lease agreements for four 737-800 Boeing Converted Freighter (BCF) aircraft with JD Airlines, the cargo airline of JD Logistics. Scheduled for delivery in 2024, the aircraft will…Embraer E190 P2F is FAA certified
Work on Embraer’s passenger to freighter E190F aircraft is advancing with the successful completion of Federal Aviation Administration (FAA) installation conformity. According to a LinkedIn post by US aerospace company…Thai Airways joins WebCargo platform
Thai Airways will place its cargo capacity on the WebCargo by Freightos platform to offer forwarders access to real-time booking, pricing and payment services. Over the next few months, the…Emirates SkyCargo rolls out new training programme
Emirates SkyCargo has rolled out a new training programme that aims to tackle workforce shortages by helping employees advance their career. The training sees 32 members of staff take part…FAA grants Amazon permission to fly drones beyond line of sight
The US Federal Aviation Administration (FAA) has given Amazon permission to operate parcel delivery drones beyond the visual line of sight (BVLOS). Until now e-commerce giant Amazon’s drone operations in…China-Latam air cargo capacity under pressure
Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. A market analysis from…Philippine Military says Troops acted Professionally in South China Sea
The Philippine military on Tuesday rejected Chinese allegations that troops stationed on a warship grounded on a disputed South China Sea shoal had pointed guns at its coast guard, insisting…Air Partner flies Gaza aid
Charter broker Air Partner has completed a cargo operation to transport hundreds of tonnes of humanitarian aid to Gaza. The company arranged three Boeing 747-400 freighter flights, each carrying around 85-90…Ex-Polar Air Cargo chief operating officer jailed for fraud
Former Polar Air Cargo chief operating officer Lars Winkelbauer has been sentenced to four years in prison for his alleged part in a scheme to defraud the airline of more…Worsening box line disruption to have limited air cargo impact
Disruption to container shipping operations out of Asia has unexpectedly worsened over recent weeks but the development is expected to have limited impact on air cargo. The last few weeks…New partnership aims to create SriLankan Airlines cargo feeder network
MMAG Aviation Consortium (MAC) will establish an air cargo feeder network to support SriLankan Airlines’ cargo operations if an investment bid by Supreme Global Holdings and a partner is successful.…US FAA legislation includes review of airport truck delays
US president Joe Biden has signed into law the Federal Aviation Administration Reauthorization legislation, which includes a section on reviewing truck congestion issues at US airports. The US Airforwaders Association…Mesa Airlines stops 737F operations for DHL Express
US regional air carrier Mesa Airlines has stopped providing air cargo services for DHL due to a “reduction in cargo demand”. Mesa Air Group said in its first quarter 2024…Air cargo to grow at Tashkent Airport
Airfreight operations are set to grow at Uzbekistan’s Tashkent International Airport with the development of a new terminal able to handle about 120,000 tons of cargo per year. The cargo…Green Light for $3 Billion Oil Port off Texas Expected By Year-end
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's…Icelandair Group cargo division edges back into operating profit
Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter. The company stated that it is “on track” to deliver…Princess Revises 2025 Cruise Routes Amid Red Sea Tensions
Carnival's Princess banner is revising itineraries of two of its cruises undertaking a global voyage next year, amid uncertainties in the Red Sea, the cruise operator said on Tuesday.The company…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 marke