FOR all the talk that shipping will escape 2020 as one of very few industries to have had an improved year financially, 'do not expect banks to...
- Banks to shun shipping post-Covid: banking and maritime industry veteran
- ONE introduces new CIP service to boosts Asia-Indian subcontinent link
JAPANESE owned but Singapore based Ocean Network Express (ONE) has unveiled a further addition to their extensive service network connecting Asia to...
- Shipping urged to work with EU to develop new green framework
A KEY message emanating from the recent virtual high-level meeting at the Global Maritime Forum is that rather than fighting regional environmental...
- Cathay Pacific axes 8,500 jobs and shuts down Cathay Dragon
HONG Kong's flag carrier Cathay Pacific has confirmed that it will cut 8,500 jobs across the entire group, including 5,300 local staff and 600...
- Cathay Pacific's airfreight demand ramping up
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 109,453 tonnes of cargo and mail in September, a decrease of 36
- Drone gains increase options for next-generation aviation
UK Research and Innovation (UKRI) and the US$387 million Future Flight Challenge are making new rounds in the UK aviation industry by bringing...
- CP Rail reports best 3rd quarter and September for grain
THE Canadian Pacific Railway (CP) posted its best-ever third quarter for Canadian grain and grain products shipments, moving 7
- Work begins on 1.2 million TEU Abidjan container terminal
FRENCH logistics giant Bollore and Maersk's global port operator APM Terminals (APMT) have joined to build a 1
- Shipowners 'see dollar signs' as charter market soars
THE latest Alphaliner idle tonnage report shows that a further 65 vessels, for a total of 155,350 TEU, have found employment in the past two weeks,...
- CMA CGM imposes US$150/TEU congestion charge on Felixstowe
FRENCH shipping giant CMA CGM is to levy a US$150 per TEU port congestion surcharge from October 1 on all Asian containers imported or exported...
- Cathay flew 98.8pc fewer passengers and 36.7pc less cargo in August
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 102,122 tonnes of cargo and mail in August, a decrease of 36
- Bollore Hong Kong achieves coveted IATA CEIV Pharma grading
BELLORE Logistics Hong Kong has achieved IATA CEIV Pharma certification for its facility at Hong Kong International Airport, the company announced
- Broker opts for CO2 tax as less costly than LNG conversion
GIVEN officialdom's decarbonisation drive one of two options have emerged to meet UN regulations - one is to mandate costly carbon-free fuels or...
- CEVA Logistics offers 'CargoWise' as digitisation advance
CEVA Logistics, now a CMA CGM unit, has introduced an 'integrated logistics execution platform' called CargoWise, the Marseilles-based...
- Air cargo rates out of China are high and climbing, say analysts
ASIA air freight rates are high and climbing higher as the Covid lockdowns reduce capacity rising demand causes rates to skyrocket, reports New...
- HMM joins PSA in Singapore to run container terminal hub
KOREA's Hyundai Merchant Marine (HMM) has become the sixth container line to enter into a joint venture terminal in Singapore with PSA
- Virgin Atlantic Cargo begins operations between UK and Pakistan
VIRGIN Atlantic Cargo flights between the UK and Pakistan will commence from December after creditors voted in favour of its restructuring plan,...
- China-US phone in 'constructive' trade talks and promise progress
CHINESE and American negotiators held phone talks to review progress on phase one trade deal implementation, after US Donald Trump postponed...
- Savannah harbour is now number one port for American exports
THE Port of Savannah exported more loaded containers than any other port in the country from January through May, achieving a 12
- Cosco Shipping Ports bullish on recovery with HI net profit up 11pc to US$163m
CHINA state-owned Cosco Shipping Ports (CSP) has posted a net profit of US$163