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 - FedEx still tops in air cargo but Qatar and Turkish are rising: IATA
FEDEX remained the world's busiest cargo airline despite volumes remaining flat year on year while Qatar moved into second place and UPS was up...
- US to widen action against Chinese tech groups beyond TikTok target
THE US administration has vowed to 'take action' in a matter of days against Chinese software companies that it perceives as a risk to...
- Cabotage resumes after a 30-year hiatus off Mozambique coast
THE first ship after a 30-year hiatus in coastal shipping along the Mozambique coast left Maputo recently for a 12-day voyage to the northern Port of...
- Evergreen joins cooperative Ship Recycling Transparency Initiative
TAIWAN's Evergreen Marine Corporation has become a signatory to the Ship Recycling Transparency Initiative (SRTI) to share its aged vessels'...
- Engine room fire breaks out aboard 5,600-TEU Cap Jackson in Panama
FIRE broke out in the engine room of the 5,600-TEU Cap Jackson while anchoring at Balboa, Panama, according to Kiev's Maritime Bulletin, which...
- Panama ports first half box throughput up 14pc to 3.8 million TEU
PANAMA's ports cargo volume grew by 13
- 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
- MSC disputes veracity of eco lobby's analysis of its CO2 emissions
THE Mediterranean Shipping Co (MSC) says it has been falsely accused of backsliding in cutting carbon emissions, reports MarketScreener, of Annecy,...
- 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...
- EU Commission clears Alstom's takeover of Bombardier Transportation
CANADIAN plane and train maker Bombardier and French Alstom train maker have welcomed the European Commission's decision to accept the...
- Silk Way West inks new five-year ULD deal with ACL Airshop
AZERBAIJAN's private cargo carrier Silk Way West Airlines has confirmed a five-year ULD agreement extension with provider ACL Airshop, that has...
- Gebruder Weiss spends US$7.9 million on Vienna ecommerce hub
AUSTRIA's transport and logistics company Gebruder Weiss' home delivery division has invested EUR6
- Japanese firm offers consultancy to Bangladeshi Matarbari port project
BANGLADESH's cabinet committee has recently appointed Japanese firm Nippon Koei Company to provide consulting services for the construction of a...
- Beijing speaks of 'protracted war' when speaking of decoupling
PHRASEOLOGY from Beijing includes the use of 'protracted war' to describe its current situation, and 'dual circulation', referring to...
- 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...
- China's factories recover in July, says Purchasing Manager's Index
CHINA's factory activity expanded in July for the fifth month in a row and at a faster pace, beating analyst expectations despite disruptions...
- Samsung Electronics to halt production at its computer factory in China
KOREA's Samsung Electronics will halt operations of its last computer factory in China, the latest manufacturer to shift production from 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...