Global idle fleet crosses threshold of 3 million teu
The pandemic forces all carriers to idle segments of their operated tonnage, now amounting to 3 million teu, according to the latest figures of Alphaliner. The maritime intelligence provider said that this number surpasses the previous peak mark of 2.46 million teu reported at... more
Beneficiaries of the crisis?
The French association of overseas companies, Fedom (Fédération des Entreprises des Outre-Mer), is concerned about capacity bottlenecks between mainland France and the territories overseas. In a letter that was sent to the relevant members of the government at the end of... more
Paycargo offers transactions in CAD
Paycargo has launched a dedicated CAD online freight payment platform in Canada. Payers now have the flexibility to pay in either Canadian or US dollars for the first time. The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked... more
Smaller US airports continue to rise
Chicago Rockford airport (RFD) handled more than 283,000 t of cargo in Q1/20 - the most that the world's cargo airport with the highest rate increase in 2019 has ever processed during three months and 30% more than in Q1/19. Passenger terminals at Ontario... more
Drewry: prices and lead rates better than expected
The coronavirus outbreak will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020 - although better than in 2019, says London (UK)-based maritime intelligence provider Drewry. Its latest published container equipment... more
A new battle front for Embraer
Strongly contested by Embraer, Boeing has terminated its master transaction agreement (MTA) with the Brazilian airframe manufacturer, under which the two companies sought to establish a new level of strategic partnership. The parties had planned to create a joint venture... more
Haeco helps to stuff passenger cabins
Haeco Cabin Solutions, a business unit of the Hong Kong-based Haeco Group, headquartered in Greensboro, NC, USA, has launched new devices to allow package stowage in the main passenger cabin. The solutions build upon existing seating and interior technologies and can be... more
149 shippers honoured with safe handling award
It is easy to become distracted by the current response to Covid-19, but safety never takes a break. It is in this spirit of keeping everyone safe and healthy that Canadian National Railways (CN) recently named the winners of its safe handling award for 2019. In all, 149... more
Few detentions for BMA in 2019
The United States Coast Guard (USCG) has been implementing its Qualship 21 programme (quality shipping for the 21st century) since 2001. The Bahamas Maritime Authority (BMA) was recently included in the USCG 'Qualship 21' list, which recognises the quality of Bahamas registered... more
Good news from closed zoo thanks to CBP
Cincinnati officers of the US Customs and Border Protection (CBP) recently received exciting news about a special delivery: a female armadillo banded lizard at the Cincinnati Zoo and Botanical Garden gave birth to a live, healthy baby. It's quite possible this new... more