Report shows steady hull and cargo markets 
The International Union of Marine Insurance (IUMI) has released its 2025 Stats Report, revealing largely stable conditions in the global marine insurance market for 2024, with total premiums rising 1.5% to USD 39.92 bn. Hull and cargo insurance both showed modest growth –... more
Liege Airport signs sister airport agreement
Liege Airport and Chicago Rockford International Airport have signed a sister airport agreement at the Air Cargo South East Asia event in Singapore, marking a significant step towards strengthening transatlantic air cargo cooperation. The partnership aims to increase freighter... more
Launch of extended BAI Spot
The Baltic Exchange, in partnership with TAC Innovation, has extended the Baltic Air Freight Spot (BAI Spot) to publish FCA-compliant daily benchmarks on routes ex Hong Kong, India and Korea. Using the Baltic’s panellist-assessment methodology, the indices provide independent... more
Net leads zero-emission haul
New energy transport (Net), Windrose and Multiquip have completed Australia’s longest single-charge electric truck delivery, covering 480 km between Picton (80km south of Sydney) and Beresfield in New South Wales as Net reported. The 36 t journey demonstrated... more
15 years of Pcn
Project cargo network (Pcn) marked its 15th anniversary with a three-day celebration at the Park Plaza Victoria in London, attended by over 200 delegates from around the world. The event, held in the city where PCN was founded, combined networking and business discussions.... more
Virgin Atlantic links up with CargoAi
Virgin Atlantic Cargo has partnered with CargoAi, a digital airfreight marketplace from Singapore, to expand its global reach and enhance the booking experience for forwarders. Through the integration, customers in key markets – including the UK, US, Europe, India and South... more
Korean Air also keen on the freighter version
Korean Air has joined the growing list of Airbus A350F operators, converting seven of its existing A350-1000 passenger aircraft orders into the all-new freighter version. Airbus EVP Sales Benoît de Saint-Exupéry described the deal as "a significant endorsement of the... more
SingPost appoints Chong as new Group CEO
Singapore Post (SingPost) has named Mark Chong as its new Group Chief Executive Officer, effective tomorrow, 1 November 2025. A seasoned technology and business leader, Chong brings more than 25 years of experience at Singtel Group, including roles as Group Chief Corporate... more
Semiconductor shortages threaten output
The Dutch government’s emergency takeover of semiconductor maker Nexperia decision-making has triggered renewed uncertainty across the automotive sector. The move, citing governance and security concerns, was followed by China’s export restrictions on Nexperia’s operations,... more
Ascend Airways Malaysia cleared for take-off
Ascend Airways Malaysia has officially received its Air Operator Certificate (AOC) and Air Service Permit (ASP), marking its full certification to operate as Malaysia’s newest ACMI and charter airline. A subsidiary of Avia Solutions Group, one of the world’s largest ACMI... more