Confidence within the global shipping industry on the rise? 
Overall, confidence in the shipping industry fell in the past three months to its lowest level for two and half years, according to the latest shipping confidence survey conducted by the UK branch of the US-headquartered shipping consultancy BDO. Yet owners, charterers and... more
FIS calls air cargo a "positive momentum" for Europe
According to the UK analyst Freight Investor Services, both spot and forward air cargo markets are showing some significant movement on the entry into Q4/2019. China to Europe continues its run by gaining USD 0.10 over last week. This is bolstered by the continuing climb of... more
Reducing emissions by hard sail
MOL and Oshima Shipbuilding have jointly obtained an “approval in principle (AIP)” from Nippon Kaiji Kyokai for the design of a hard sail system. The system converts wind energy into propulsive force with a telescopic hard sail and is a fundamental technology of the “Wind... more
China - Slovakia - China pilot train on track
A test train, operated by Russia-based Trans Container, is already on its way back from Slovakia to China. On 15 September 2019 the train was dispatched from Xian (Xinzhu station) and passed through Kazakhstan, Russia and Ukraine until it arrived 14 days later in Slovakia.... more
Finnair seeks even more freight in Asia
Last month, Finnair's available scheduled cargo tonne kilometres (162.4 million) increased by 13.7% year-on-year. Revenue scheduled cargo tonne kilometres (99.8 million) increased by 11.4%. During the first nine months of the year, Finnair carried 25,059 t inside Europe (+66.8%... more
Drewry forecasts further drop in global container volumes
The decline of the container market continued during the last three months, said the London (UK)-based maritime consultancy Drewry. The research company downgraded its outlook for world container port throughput for the current year and the rest of the five-year horizon in its... more
K Line goes for artificial intelligence
The Japan-headquartered carrier K Line has reached an agreement with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology (MPAT) and Marubeni Corporation (Marubeni) to jointly work on research and analysis of maritime logistics and shipping... more
Component support for China Cargo Airlines
China Cargo Airlines has entrusted Lufthansa Technik with the component support for three B747-400F. The five-year "total component support" agreement is the first major collaboration between the two companies and the MRO's first contract of this kind with a direct... more
PSA lightening up its project Tuas Port
The prime minister of Singapore, Lee Hsien Loong, recently placed a torch on the grounds of Tuas Port to symbolise the beginning of a new and exciting chapter in the nation’s rich maritime history. With 26 km of deep-water berths (up to 23 m chart datum), and capable of handling... more
Global railway industry bucks the trend
The business climate of the international railway industry remains on a high level in Q3/2019 quarter and is even registering a slight increase compared to Q2/2019. This is shown by the current SCI rail business index – a regular survey which the consultancy SCI Verkehr conducts... more