Drewry: prices and lead rates better than expected 
The coronavirus outbreak will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020 - although better than in 2019, says London (UK)-based maritime intelligence provider Drewry. Its latest published container equipment... more
Haeco helps to stuff passenger cabins
Haeco Cabin Solutions, a business unit of the Hong Kong-based Haeco Group, headquartered in Greensboro, NC, USA, has launched new devices to allow package stowage in the main passenger cabin. The solutions build upon existing seating and interior technologies and can be... more
International interest in Australia's export support
Six global freight forwarders and nine air cargo carriers have been selected to participate in Australia's International Freight Assistance Mechanism (IFAM) to re-establish global supply chains. In the first three weeks of its operation, over 560 businesses have registered their... more
Vietnam Airlines' international and domestic relief
According to Baltimore's Johns Hopkins University, China's neighbour Vietnam, with 268 confirmed cases of Covid-19 and zero deaths, is coping relatively well with the pandemic. After privately owned Bamboo Airways delivered medical equipment to Europe one month ago,... more
Maersk launches intermodal box service in Russia
Maersk’s offer of intermodal solutions for the Russian market is expanding. A new container service was launched this month (April), connecting the port of Novorossiysk on the Black Sea with the dry port Vorsino near Moscow (Kaluga region). The new service is offered... more
Csafe Global expanding life science sales team in Asia
Csafe Global has been expanding its life science sales team throughout the Asia Pacific region to support a growing customer base. The newest additions to the team include Ram Nair and Kuwahara Fuminari. In his new role as director of life science sales – SW Asia, Nair will... more
Naming ceremony for "HMM Algeciras"
The world's largest containership to date was constructed by Daewoo Shipbuilding & Marine Engineering (DSME) at its Okpo shipyard in Geoje (South Korea). The South Korean shipping company HMM, which recently changed its brand from Hyundai Merchant Marine to the acronym, held... more
7.5% less global capacity in container shipping
According to data compiled by the Copenhagen-based maritime intelligence company Eesea, the global capacity in container shipping for 2020 has already been cut by 7.5% at this point in time. Shipping capacity was down by 9% in April. So far, a total of 302 out of 2,693 sailings... more
100 years ago and one month ago
In between 24 and 25 April 2020, it will be exactly 100 years ago that the Dornier Do Gs 1 was sunk in Kiel on Germany’s Baltic Sea coast. The predecessor of the Dornier Do J (aka whale) flying boat series, which operated, inter alia, a mail liner service between Germany and... more
JV to boost investment in South Korean logistics real estate
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR have entered into a strategic agreement to establish a new development joint venture, ESR-KS II, with a total equity allocation of USD 1 billion, representing an investment capacity to deliver as much as USD 2... more