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
Turkish Cargo enters Cargo Ai's marketplace
Turkish Cargo is now live on Cargo Ai’s marketplace solution "Cargomart" for users in four countries. In the pilot phase, users in France, Spain, Netherlands, and Singapore will have access to booking Turkish Cargo’s new services "TK Smart" (general cargo... more
Closer cooperation at Shanghai airport
Carsten Hernig, previously vice president region Latin America & Caribbean at Lufthansa Cargo, assumed the dual role of deputy general manager and vice president production, sales & marketing at Shanghai Pudong International Airport Cargo Terminal Co Ltd (Pactl) in... more
Taiwan as an alternative
Two technology firms transfer logistics offices out of Hong Kong. It is currently difficult for Hong Kong to maintain its global appeal, as was underlined recently by the deliberations of two chip developers to move their logistics centres to Taiwan – even though a military... more
Malaysia: double-digit growth for domestic cargo
Malaysia Airports Holdings Berhad (MAHB), a private company that manages 39 airports in Malaysia as well as Istanbul's Sabiha Gökçan Airport (SAW), reports that overall cargo movements for the network of airports remained resilient for 2022, registering a growth of 3.6% to 1,063... more
Zongteng Group chooses WFS
Worldwide Flight Services (WFS) has been awarded a contract to handle Zongteng Group’s new Boeing 777 freighter flights at Paris Charles de Gaulle International Airport. The service started on 16 January 2023 as mentioned in our article. Zongteng Group provides cross-border... more
CMA CGM strengthens Japan loop
The French carrier CMA CGM is reshuffling its services in Japan. The “CMA CGM Argentina”, the company's biggest ship to call regularly in Japan, has been reassigned to a weekly service to the Honmoku D4 terminal in Yokohama. The vessel is one of two 15,000 teu units that the... more
Taiwanese liners affected by the trend
In December 2022, Evergreen, Yang Ming and Wan were hit by the turn of the tide in the shipping industry: all three carriers saw their revenues go down by 40 to 50% compared to the same period in 2021, due to inflationary pressure, poor demand and downgraded shipping rates.... more