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 [...]
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 [...]
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 [...]
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 [...]
Israel-based shipping company continues 2M Alliance cooperation Israel-headquartered ZIM Shipping Integrated Services witnessed improved figures in the course of the full year of 2019. Back in the black, ZIM’s [...]
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 [...]
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 [...]
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. [...]
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 — [...]
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 [...]
