Inaction risks wave of bankruptcies
New research of the International Road Union (IRU) reveals the continuing catastrophic impact of Covid-19 on the commercial road transport industry, with a very high default and insolvency risk across the sector worldwide. Ranked on a risk scale from one to ten, all regions... more
Upward trend in hinterland traffic confirmed
Good news from the international association of ports and harbours WPSP Covid-19 task which has released its fourteenth report since April and the initial global outbreak of Covid-19, based on the data of 73 world ports. The most significant result of the survey is the... more
ICC decides for DIT
The ICC Arbitral Tribunal ruled on 13 November 2020 that a new call for tenders must be launched for concessions for the port of Douala in Cameroun - including the port and terminal operator Douala International Terminal (DIT), a subsidiary of APMT and Bolloré Groups. The... more
Sea Intelligence on demand in Q4/2020
The Copenhagen (Denmark)-based maritime consultancy "Sea Intelligence" recently analysed the latest demand data for September 2020 published by Container Trade Statistics (CTS). Global demand grew by 6.9% in comparison to September 2019, with positive growth in all... more
Eurogate in transformation
The management of the Eurogate has initiated a comprehensive transformation programme with the aim of achieving sustainable improvements in productivity and cost reductions of EUR 84 million p.a. across the group. This programme is to be implemented in full by 2024. From... more
More than 1,000 cargo-only flights since March
Since the beginning of the coronavirus crisis, Swiss International Air Lines has carried over 23,000 t of goods on more than 1,000 cargo-only flights, operated by its airfreight division Swiss Worldcargo. During the months of April and May, the major commodities transported... more
THE Alliance till the end of 2020
The alliance of Hapag-LLoyd, HMM, ONE and Yang Ming, called THE Alliance, has announced service adjustments to better match resources and "fluctuating demand" of the global shipping market. Between Asia and North Europe, the FP1, FP2, FE2, and FE3 will maintain... more
UN shipping report for 2020 gloomy
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... more
New West Africa Service in 2021
Singapore-headquartered Ocean Network Express (ONE) plans to launch a new weekly Europe - West Africa Service (EWX). The first voyage is scheduled to start in February 2021. The port rotation will be: Hamburg – Rotterdam – Antwerp – Le Havre – Algeciras – Tangier – Dakar – Tema... more
Two A350s packed with relief goods
Ethiopian Airlines and Airbus transported humanitarian goods on board two new Airbus A350-900s, delivered to the East African carrier on 6 November 2020. The humanitarian shipment took off from Toulouse for Addis Ababa loaded with approximately 5 t of cargo, consisting of... more