IAG CARGO's strategy of setting up a scheduled cargo network of passenger-freighters while most of its aircraft are grounded has paid off,...
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IAG Cargo passenger-freighter idea pays off as sales soar 33.1pc - Increased tonnage afloat will result in rate slide, says Alphaliner
SOME 313 containerships, or 1,555,959 TEU, remained laid-up as of July 20, representing 6
- 100 dead, 4,000 injured in Beirut port ammonium nitrate blast
MORE than 78 were killed and 4,000 injured when a cache of ammonium nitrate in a Port of Beirut exploded, showering broken glasd city-wide over...
- Containership scrapping increases as July hits three-year high
CONTAINERSHIP scrapping reached a three-year high in July according to Hellenic Shipping News
- Ecommerce surge experienced by UPS attributed to Covid scare
ECOMMERCE got a boost from the Covid-19 scare if the surge in online shopping posted by United Parcel Service is anything to go by, reports the...
- Shipbuilding orders fall on fear of new eco rules and global depression
ISLE OF WIGHT based VesselsValue says that 2020 is shaping up to be an exceptionally weak year for tanker, bulker and containership orders, reports...
- Employers: Montreal dockers behaviour threatens to non-strikers
THE Montreal local of the New York-based International Longshoremen's Association (ILA) have again resumed their recurring dock strikes that have...
- China is buying computer chips before Hong Kong route is shut down
CHINESE importers of computer chips are on a buying spree before the Hong Kong route shuts down in China's current contretemps with the western...
- Shipowners slow to sign long hires as charter market heats up
CONTAINERSHIP brokers are reporting 'brisk business', although owners are reluctant to fix for longer periods against rising daily hire rates
- Air cargo market 'exceptionally challenging' despite improvement in June
THE latest IATA statistics show that there are some signs of improvement in the decline in airfreight traffic in June, but business remains...
- Port of Tanjung Pelepas smashes another move record
MALAYSIA's Port of Tanjung Pelepas (PTP) has established another operational milestone after it broke the productive moves per hour (PMPH) record...
- Inbound containers at US west coast ports down 8pc in June: PMSA
PACIFIC Merchant Shipping Association (PMSA), which represents shipping lines and marine terminals, says that the big five US west coast ports saw an...
- Seventy per cent of Finnair's earnings driven by air cargo in Q2
FINNAIR Group's revenue in the first half of 2020 was mainly driven by cargo-only operations, as Covid-19 pandemic grounded the airline's...
- Westports' net profit and revenue fall as Covid-19 bites
MALAYSIA's Westports Holdings Berhad (Westports) has become the latest major maritime stakeholder to suffer as a result of the Covid-19 pandemic,...
- Trade wars and pandemic shrink cargo volumes at US coast ports
TRADE wars and the Covid-19 pandemic continue to hurt traffic through the nation's East and West Coast ports in 2020, with some reporting...
- Pacific Northwest ports looking for volume rebound in Q3
CONTAINER volumes at North America's Pacific Northwest ports are declining this year due primarily to the drop in consumer demand caused by...
- Global shipyards face crisis with receding box ship orders
WITH global demand expected to contract by some 10 per cent this year, due to the impact of the pandemic, blanked sailings are likely to be...
- DP World H1 box volume dips 5pc due to Covid-19
DUBAI's DP World, one of the world's largest operators of ports with locations in more than 50 countries, handled 33
- New airlines brings cargo growth to Brussels Airport in June
BRUSSELS Airport saw its cargo volumes increase by 4
- American Airlines H1 cargo revenue slumps 37pc to US277m
AMERICAN Airlines has offered cargo-only flights during the COVID-19 pandemic, but the new line of business didn't overcome the lost cargo moved...