The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of shipping containers plummeted by a staggering [...]
2023 has seen new regulations on efficiency and carbon intensity from the International Maritime Organization (IMO), and a continued focus on decarbonisation across the sector. The Carbon Intensity [...]
Preliminary April 2023 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed continuing recovery in international passenger demand, reflecting the unabated appetite for travel in [...]
Contrasting ship sector fortunes have been reflected in South Korea where French automotive giant Renault has started shipping brand new cars in containers to avoid prohibitively high costs associated [...]
A total of 661 containers were lost overboard in 2022, out of 250m transported, representing the lowest losses in percentage since the Washington-based liner lobby group, the World Shipping [...]
Shipping executives say recent double-digit declines from last year’s big growth mask long-term gains U.S. seaports are having a terrible year, yet are seeing something of an importing resurgence [...]
Ryanair Holdings plc today (22 May) reported a Q4 loss of €154m but a full-year PAT of €1.43bn, compared to a PY loss of (€355m), due to strong FY [...]
Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port [...]
Airports Council International (ACI) World today announces the streamlining of its resources for small and emerging airports to foster their continued growth and sustainable development. The streamlining of resources, [...]
Italy’s exports to China have tripled in little more than a year. The problem is, even the experts are struggling to explain why. Shipments abroad rose above €3 billion [...]
