Westbound transatlantic air cargo in January 
Despite high inflation and falling US retail sales, westbound air cargo volumes between Europe and North America rose 6% year-on-year in January but overall global air cargo demand continued to fall, down -8%, as an earlier Chinese New Year and economic headwinds subdued other... more
Iris and PIL engaged
The Philippines-based Iris Lines, formerly Royal Cargo Lines (RCLI), inked a joint service agreement with Pacific International Lines (PIL) in early February this year. This new Intra-Asia service will connect the Philippines to Singapore and Thailand. According to Iris... more
For the last-mile network in Bangladesh
Shop Up, a B2B commerce platform based in Bangladesh, has secured USD 30 million in debt financing, with Lendable contributing USD 20 million as the major investor. For the global provider of debt financing to fintech companies in emerging markets, this was the first venture... more
Aercap to lease Four Big Twins to Fly Meta
Aercap Holdings has signed lease agreements for four Boeing 777-300ERSF aircraft with Hong Kong-based global air cargo charter company Fly Meta. The aircraft are scheduled to be delivered in 2024 and 2025. The Boeing 777-300ERSF, also known as 'The Big Twin', is the first... more
A direct connection between India and USA
The Chinese carrier Cosco, including its Hong Kong affiliate OOCL, recently launched a direct service from Asia connection to the US East Coast via Suez. The weekly Awes service calls the ports of Singapore, Laem Chabang, Cai Mep, Mundra, the Suez Canal, New York, Norfolk,... more
Etihad Cargo boosts China capacity
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, is further expanding its capacity offering for the Chinese market with the introduction of an additional weekly Abu Dhabi – Shanghai freighter flight from today 2 February 2023. This will increase the carrier’s... more
Aapa: 2022 a difficult year for cargo
Preliminary traffic results for the full calendar year 2022 recently released by the Association of Asia Pacific Airlines (Aapa) showed robust recovery in international passenger markets after more than two years of prolonged lockdowns and strict border control measures that... more
Sudden ebb in used container ship market 
What was good in the past can be bad today. The once vibrating market of second-hand container vessels slowed down in the course of 2022. Over the year, sales and purchase levels were only half as high as in 2021, according to Alphaliner's latest global survey. In 2022,... more
Preighters between Phuket and Penang
Effective today, 2 February 2023, Qatar Airways Cargo will operate an A330 passenger freighter to Penang (Malaysia) via Qatar Airways’ passenger flights to Phuket (Thailand), four times a week. This adds over 70 t of available capacity each week that will feed into the carrier’s... more
Kick off for Inland Rail construction in Victoria
The Australian Inland Rail project has taken an important step forward with the beginning of major construction works in the state of Victoria. Building works are currently also underway in Queensland. Connecting Melbourne and Brisbane via regional Victoria, New South Wales... more