Volumes and sailings keep slipping
Carriers worldwide announced another 521,000 teu of blank sailings in the course of the calendar week 23, said Copenhagen-based maritime consultant Sea Intelligence, which is a 15% increase over the announcements made the week prior. Accordingly, the six-week plateau during... more
UECC plans to run on biofuels
Words are followed by actions. After their three month biofuel trial, short sea operator UECC (United European Car Carriers) and the Good Shipping Program are cooperating with car manufacturer BMW Group to continue to test marine bio fuel-oil (BFO) on UECC’s ro-ro car carrying... more
Former LCC WOW Air now tries air freight business
One year after the acquisition of its brand and assets by USAerospace Partners, an aerospace company based in Washington, DC, WOW Air announces the commencement of worldwide cargo operations from its US base in the capital region in Martinsburg, WV. At the local Eastern WV... more
CMA CGM's sound start of the year
In his most recent outlook on the carrier's current situation, Rodolphe Saadé, chairman and CEO of the CMA CGM Group, commented: “Despite the uncertainty around global economy, we anticipate an improvement during the second quarter.” CMA CGM Group, member of the Ocean... more
Bermuda scales precisely
The Bermuda Aircraft Registry has reduced its fees for the certificate of airworthiness for corporate and general aviation aircraft. Following a regular review, the fees have been simplified and reduced by approximately 40%. The Bermuda Civil Aviation Authority comments:... more
Cyber risks - on land and at sea
PC security software provider McAfee has reported that between January and April 2020 cloud-based cyber-attacks on all businesses increased by 630%. The coronavirus pandemic is also leaving the maritime and offshore energy sectors vulnerable to cyber-attack, with Naval Dome,... more
Take-overs expand network to 21,000 km
Canadian Pacific (CP) has completed the acquisition of the Central Maine & Quebec Railway US (CMQ US). Together with the earlier take-over of Central Maine & Quebec Railway Canada (CMQ Canada), this completes CP's purchase of the entire CMQ network. CMQ US and CMQ... more
Criminals can't wait for restart of professional sport
While the professional sports leagues NBA and NHL in North America are working on concepts for resuming their playing seasons that were interrupted in March, smugglers are trying to benefit from the fans’ joyful anticipation. At two airports, US customs and border control... more
Paycargo signs with another supply chain partner
Paycargo and IBS Software have concluded a joint partnership that enables rich API-based integration between their industry platforms. The integration of Paycargo's digital payments network with the "iCargo" air cargo management platform aims to help more carriers and... more
Sale of Sheppard to Bendix concluded
In the USA, ZF Friedrichshafen has concluded the sale of Sheppard to Bendix for the price of USD 149.5 million. Sheppard is a major provider of steering technology for commercial vehicles. Bendix is an indirect subsidiary of Knorr-Bremse, which produces braking systems for rail... more