SOARING air cargo revenues hit a record US$175 billion in 2021 – compensating for the $51.8 billion lost on the passenger side, and the air freight sector expects revenues to remain much the…
THE Port of Long Beach container throughput is down 1.8 per cent to 890,989 TEU in May 2022, reports St Petersburg’s PortNews. May was the second busiest month for the Port of Long…
THE Aktau Sea Commercial Port, or Kuryk port, and Aktau marine north terminal, key points in the Trans-Caspian International Transport Route (TITR), have doubled their box throughput, reports Kazakhstan’s Astana Times. According to…
THE Port of Melbourne saw a 5 per cent drop in its container volumes in April 2022 by handling 255,193 TEU following a 6.9 per cent year-on-year decline in containers in March. Year-to-date…
THE Russo-Ukrainian War has caused disruption to global shipping and will continue to hinder supply chains, port congestion, and crew crises from the Covid crisis, reports Munich insurers Allianz Global. The shipping industry…
HONG KONG’S Cathay Pacific has welcomed the Hong Kong government’s easing of crew quarantine rules, with adjustments expected to allow expanded cargo operations, reports London’s Air Cargo News. The new rules mean that…
STATISTICS from CLIME Data Services show that the air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April. The Xeneta-owned data provider’s latest…
TOTAL cargo throughput of Shenzhen Port reached 59.68 million tonnes in the first quarter of 2022, including over 47 million tonnes of foreign trade cargo, reports Xinhua. In the first three months of…
OCEAN carriers looking to avoid logjams at the US’s busiest container gateways on the West Coast are now facing even longer queues out east, according to Bloomberg. As of last Wednesday, there were…
PAN-JAPANESE liner group ONE is to invest $20 billion on new containership and terminal acquisitions over the next eight years, reports UK’s The Loadstar. At a recent online media conference, CEO Jeremy Nixon…
