Will carrier profitability last? 
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... more
India: more freight and faster trains
Despite Covid challenges, Indian Railways continued its high growth momentum in terms of cargo handling and earnings in August 2021. The company's freight volume in August 2021 amounted to 110.55 million t, which is 16.87 % more than in August 2020. The railway earned IND... more
Maritime decarbonisation in Singapore
Singapore's maritime and port authority has launched the formation of its own global centre for maritime decarbonisation. To start with, the MPA and six founding partners - BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Sembcorp... more
Constants in global shipping 
Despite mixed developments in the global economy, and thus also in the shipping industry, of late, there are definitely some constants too, for example in certain ports. more
Maersk signs Magna Charta
Seafreight giant Maersk has inked the low carbon charter launched by the Hong Kong Business Environment Council (BEC). The carrier is now committed to contributing towards Hong Kong’s long-term decarbonisation ambition and the goals of the Paris agreement. “Decarbonisation... more
Young charter specialist finds a way
26 Aviation, a British charter specialist founded in 2020, arranged the charter of a B747-400F operating from Zhengzhou, China on its inaugural flight to the UAE, where it received a water-cannon welcome at Dubai Al-Maktoum (DWC) at the end of August. The aircraft was... more
1,000 freight cars ordered
Russian manufacturer UWC has obtained a compliance certificate from the register of certification on the Russian federal railway network for its flat car, model 13-6724, and signed a contract to supply 1,000 freight cars to the transport company Laude Smart Intermodal. The... more
Authorities to audit seafreight margins
The maritime shipping industry can now see a silver lining on the horizon: in July 2021, the US Federal Maritime Commission established an audit programme to assess ocean carriers’ compliance with federal regulations on detention and demurrage and to step up the federal agency’s... more
Even Golden Week won't ease the pain
On the basis of current deployment schedules, Copenhagen-based maritime intelligence provider Sea-Intelligence predicts that offered vessel capacity on Asia-North America West Coast will be between 420,000-460,000 teu in the four-week Golden week period (weeks 40-43), whereas it... more
