Do spot rates show the trend?
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Air France to ban transport of monkeys
Following more than a decade of intense campaigning by Peta USA, international Peta entities, other animal protection groups, and grassroots activists around the world, Air France has announced that it will end its transport of monkeys to laboratories as soon as its current... more
A growing trend in container vessel capacity
There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He said: “At 1.9 million teu, the current order book... more
Which are the most climate effective measures?
The freight sector plays an important role dealing with climate change and in reaching the Paris Agreement goals. But which measures are in fact the most efficient in the freight transport business? A new study, funded by the Coalition for Reimagined Mobility shows that two... more
World trade on its way up again
In May 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 123.6 points from 122.1 points (seasonally adjusted) the month before, according to the latest flash... more
Etihad Cargo to raise frequencies for the summer
From next month, Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will provide additional capacity to key destinations in the summer months across Asia, Africa and Europe. From July, Etihad Cargo will continue to operate its Boeing 777 freighter network... more
Linking Western with South Africa
Ten years after its inception, the West African carrier Air Côte d'Ivoire is adding South Africa to its route map. From today, 29 June 2022, it will operate the Abidjan-Johannesburg route via Kinshasa four times a week. Air Côte d'Ivoire aims to consolidate and greatly expand... more
Support for modernising India’s railways
The World Bank’s board has approved a USD 245 million loan to support India’s efforts to modernise railfreight and logistics infrastructure. The rail logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more... more
Hapag-Lloyd extending Wax
The Hamburg-based carrier Hapag-Lloyd is extending its West Africa Express service (Wax) and adding a call at the port of Le Havre. The shipping company says that the new port of call will offer a direct product with a fast transit-time to Tema (Ghana) and Abidjan (Ivory Coast),... more
How many containers lost at sea?
The World Shipping Council (WSC) recently published its ‘Containers Lost at Sea Report’, covering 2020-2021. Approximately 241 million cargo loads in containers were handled by international carriers last year. The analysis shows that containers lost overboard represent less... more