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2 04, 2020

MSI predicts cargo declines matching 2009

2020-04-02T09:12:56+02:00

Freight rates to drop drastically The new market outlook of U.K.-based consultancy Maritime Strategies International (MSI) reads like a Stephen King novel geared toward container-line executives. It’s not exactly [...]

MSI predicts cargo declines matching 20092020-04-02T09:12:56+02:00
1 04, 2020

HMM and THE Alliance kick off cooperation in full crisis

2020-04-01T12:49:27+02:00

Korean flagship expands fleet despite worldwide supply chain problems Today marks the first day for HMM in THE Alliance. The Korean flagship joins Hapag-Lloyd, Ocean Network Express (ONE) and [...]

HMM and THE Alliance kick off cooperation in full crisis2020-04-01T12:49:27+02:00
31 03, 2020

Passenger flights become cargo carriers as freight capacity shrinks

2020-03-27T14:18:57+01:00

30% of global air cargo grounded More passenger airlines are helping fill the severe shortage in freight capacity by turning their aircraft into cargo-only airplanes to haul critical medical [...]

Passenger flights become cargo carriers as freight capacity shrinks2020-03-27T14:18:57+01:00
30 03, 2020

Major carriers park nearly 2.000 planes worldwide

2020-03-25T14:45:09+01:00

Qantas Airways temporarily lets go 30.000 employees Four of the world’s leading airlines laid bare the devastation the coronavirus is inflicting on travel, with three major carriers parking nearly [...]

Major carriers park nearly 2.000 planes worldwide2020-03-25T14:45:09+01:00
26 03, 2020

Lufthansa Group reports 2 billion euro profits for 2019

2020-03-19T13:58:04+01:00

Results overshadowed by current Covid-19 crisis “The spread of the coronavirus has placed the entire global economy and our company as well in an unprecedented state of emergency”, Carsten [...]

Lufthansa Group reports 2 billion euro profits for 20192020-03-19T13:58:04+01:00
25 03, 2020

Container shipping industry to suffer 17 million-TEU blow

2020-03-19T13:33:06+01:00

Impact might amount to 10% of global volumes, SeaIntelligence Consulting CEO predicts The impact on container shipping lines from the coronavirus pandemic could total about 17 million twenty-foot equivalent [...]

Container shipping industry to suffer 17 million-TEU blow2020-03-19T13:33:06+01:00
24 03, 2020

Asian airlines face US$ 60 billion loss in light of Covid-19

2020-03-19T13:04:06+01:00

AAPA urges governments to implement emergency relief measures Asia is still reeling from the COVID-19 pandemic and the draconian travel measures put in place over the past two months. [...]

Asian airlines face US$ 60 billion loss in light of Covid-192020-03-19T13:04:06+01:00
23 03, 2020

Chinese blank sailings cause worldwide container repositioning crisis

2020-03-18T16:00:25+01:00

Worldwide crisis to get even worse despite Chinese recovery Will enough containers get where they need to be? It’s a crucial question for the world’s ocean shipping network — [...]

Chinese blank sailings cause worldwide container repositioning crisis2020-03-18T16:00:25+01:00
20 03, 2020

Singapore port turns pandemic into golden opportunity

2020-03-18T15:14:28+01:00

Southeast Asian hub reports 5.8% cargo increases for February Despite the impact of the coronavirus (COVID-19) on the key Chinese container shipping market the Southeast Asian hub port of [...]

Singapore port turns pandemic into golden opportunity2020-03-18T15:14:28+01:00