Carriers sacrifice capacities to save prices
The Copenhagen (Denmark)-based maritime consultancy Sea-Intelligence has put forward its latest estimates on the shipping companies’ potential losses in 2020 and the development in blank sailings. The number of blank deep-sea sailings has currently risen from 45 to 212. The... more
Turkish freight forwarder builds bridge to Shanghai
Bati Group responds to the significant increase of air freight rates due to the cancellation of numerous passenger flights throughout the world. "We are proud to announce that we will begin regular air freight charter services from Shanghai to Istanbul starting from 20... more
A good 2019 for Liebherr maritime cranes
The Liebherr group generated a turnover of EUR 11.75 billion in 2019, whereby the maritime crane division posted a turnover of EUR 887 million. This corresponds to an uptick of EUR 175 million or 24.6% compared to the previous year. The company invested EUR 101 million... more
Gefco battles for cabin luggage space
Global logistics provider Gefco has transported a large shipment of medical supplies on special charter flights from Shanghai to Bratislava. The deliveries took place from 31 March to 1 April using two B787 temporarily converted to carry cargo - more than 64 t of medical... more
An appetite for Philippine air freight
The Philippine company PSI Air 2007 began commercial cargo operations on 28 March 2020. The start-up cargo specialist based in Clark operated its first flight using B737-300(QC). Its fleet also includes two converted passenger aircraft, one B727-200 (photo) and one B737-300... more
MOL unifies tankship companies
MOL has announced that its wholly owned management companies for tankers, MOL Tankship Management (Asia) (Molta; managing director: Toshihiko Ota; headquarters: Singapore) and MOL Tankship Management (Europe) (Molte; managing director: Ikutoshi Kato; headquarters: London) will... more
Dachser: new weekly train service along Silk Road
The first train was loaded with 42 containers carrying BASF chemical products and has now arrived in the central Chinese city of Xi´an. Dachser took care of all organisational aspects — including coordination with train operator RTSB, customs clearance and distribution of the... more
Fiji's first freighter flight on Sunday
Fiji Airways will operate its first freighter flight this Sunday, 5 April 2020, between Nadi and Sydney. One of the airline's two A350-900 will carry 41 t of fresh produce across to Australia. On the return sector, the airline will assist the Fijian ministry of health by... more
The time of the tankers
Vitol Marine Fuels, a subsidiary of the Vitol Group headquartered in Rotterdam and Geneva, has acquired the Singapore-based bunkering specialist Sinanju Tankers Holdings (“Sinanju”). The Singapore bunkering licence holding entity has been renamed Vitol Bunkers and from 1... more
Cosco Shipping: 2019 results meet expectations
Cosco Shipping looks back on a satisfactory performance in 2019. During the reporting year, the group handled 25.74 million teu in container shipping, +18.1% compared to 2018. Of these volumes, Cosco Shipping Lines carried 18.78 million teu, while Orient Overseas Container Line... more