OOCL also going strong 
Like most of the maritime carriers worldwide, the Hong Kong-based Orient Overseas Container Line (OOCL) reported positive results for Q3/2020 despite the Covid-19 pandemic. Overall average revenue per teu increased by 6.2% compared to Q3/2019. Volumes also took a... more
"No sign of recovery in sight" for Asian carriers
Preliminary September 2020 traffic figures released by the Association of Asia Pacific Airlines (Aapa) showed that both international passenger and cargo demand is "at markedly depressed levels, with no sign of recovery in sight". Whilst manufacturing conditions... more
The rising sun over Frankfurt
Nikkei-listed All Nippon Airways (ANA) is launching its first scheduled freighter flights to Europe with the start of services between Tokyo and Frankfurt today. The Boeing B777F flights will operate twice a week (Wednesdays and Saturdays) and offer 100 t capacity per flight.The... more
Another service calling Le Havre
The Marseille-headquartered carrier CMA CGM will again include Le Havre, part of the Haropa association, as a port of call in its FAL 1 service. The rotation of the FAL1 line (French Asia Line) is thus revised. This decision to call at Le Havre next December, taken within... more
Central Asian country accedes to e-CMR
Uzbekistan has become the 29th country to ratify the use of the digital consignment note, based on the UN’s CMR convention, for all national and international transports from and to the country. This important step is in line with the joint call by the transport ministries... more
Intuitive IT solutions for air cargo
Launched last year in Singapore, the e-booking platform CargoAi aims to combine the air cargo experience of its founders with world-leading technology. CEO Matthieu Petot (2nd from left): "We have taken our inspiration from the many modern applications that have been... more
Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery... more
A partnership to boost container traffic
The Russian Delo Group and Russian Railways (RZD) have signed a cooperation agreement for the organisation of railway container transportation. The document provides for long-term cooperation between the monopoly and the largest transport and logistics holding, RZD said. The... more
15 years between Dubai and Vietnam
Emirates Skycargo, the freight division of Emirates, made its entry into Vietnam in October 2005, setting up its offline presence first in Ho Chi Minh City (HCMC) and Hanoi. Exports from these gateways were carried to other Asian points like Bangkok, Singapore and Kuala Lumpur... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more