Asia Pacific airline volumes continue weak performance in January Asia Pacific carriers have seen freight ton kilometers fall by 0.7% in January , as soft market conditions persisted according [...]

German based shipping company Hapag-Lloyd, says in its latest preliminary financial report that is has achieved its earnings targets for 2015 and significantly improved its operating result in Q4 [...]

Neptune Orient Lines (NOL) was hit hard by collapsing freight rates and falling volumes, but managed to obtain a USD 707 million net profit in 2015 thanks to a [...]

Hyundai Merchant Marine’s principal lender, state-owned Korean Development Bank, has provided a backup plan as a reaction the appeal for patience in its current cash flow crisis. CEO Paik [...]

Today, China Shipping Group and China Cosco Group sent a shockwave trough the shipping industry after announcing their merger. The new company, China Cosco Shipping Corporation Limited, will enter [...]

An alarm was raised by Maersk's CEO announcing a dramatic 84 percent plunge in its 2015 profits and a 15% drop in annual revenue.  AP Moller-Maersk, the world largest [...]

Last year, figures about global air freight markets show an expansion of cargo volumes measured in freight tonne kilometers (FTKs) of 2.2% compared to the previous year. According to the [...]

Turkish airlines have reported growing cargo figures going up 8.1% year-on-year, bringing their total carried volumes to 704.570 tons in 2015 as a result of adding several new freight routes. [...]