Airfreight capacity outstripping demand growth for 11 out of the last 12 months The International Air Transport Association (IATA) released data for global air freight markets showing that demand, [...]
Will new silk road copy the North America double stack transportation corridors? The number of trains running between China and Europe increases year by year. In order to avoid [...]
HMM keeps fighting against reoccurring losses As Hyundai Merchant Marine Co. (HMM) has been struggling with losses for 15 quarters in a row, creditors, including Korea Development Bank (KDB), [...]
Atlas Air surged 15% operating revenue increase. ATLAS Air Worldwide (AAWW) continued its solid upward momentum of 2018, reporting surging profits and revenues during the first three months of [...]
Emission cut with 50% will need further technology changes to reach out for results Policy director of the UK Chamber of Shipping Anna Ziou has slammed French proposals to [...]
According to Drewry, scrapping of older container tonnage is the only reply to oversupply of container capacity. Drewry has urged containership owners planning to scrap older vessels this year [...]
Air France-KLM see cargo capacity slowdown while loss widens Having posted poor first-quarter results on Friday, Air France-KLM now plans to propose voluntary redundancies for almost 400 ground staff [...]
Europe container volumes enjoy unexpected growth with 6.1% in February In February 2019, Drewry's global container port throughput index declined to 114 points, after reaching 131 points in January. [...]
MOL reports 48.8% profit increase Mitsui OSK Lines (MOL) returned to the black in FY2018, ended 31 March 2019, and is forecasting a better year ahead. One of Japan’s [...]
Cosco Shipping revenues up by 4.1% Despite a rise in volumes and revenue, the net profit of Hong Kong-based port operator COSCO Shipping Ports plunged in the first quarter [...]
