Inaction risks wave of bankruptcies
New research of the International Road Union (IRU) reveals the continuing catastrophic impact of Covid-19 on the commercial road transport industry, with a very high default and insolvency risk across the sector worldwide. Ranked on a risk scale from one to ten, all regions... more
Upward trend in hinterland traffic confirmed
Good news from the international association of ports and harbours WPSP Covid-19 task which has released its fourteenth report since April and the initial global outbreak of Covid-19, based on the data of 73 world ports. The most significant result of the survey is the... more
More handling capacity on the Red Sea
In Jeddah, the Red Sea Gateway Terminal (RSGT) has taken delivery of two new ship-to-shore (STS) cranes, and ten hybrid-rubber-tyred gantry cranes (RTGs) manufactured by ZPMC in Shanghai. These are further steps in the planned expansion of Jeddah Port's strategy to double... more
Sea Intelligence on demand in Q4/2020
The Copenhagen (Denmark)-based maritime consultancy "Sea Intelligence" recently analysed the latest demand data for September 2020 published by Container Trade Statistics (CTS). Global demand grew by 6.9% in comparison to September 2019, with positive growth in all... more
More than 1,000 cargo-only flights since March
Since the beginning of the coronavirus crisis, Swiss International Air Lines has carried over 23,000 t of goods on more than 1,000 cargo-only flights, operated by its airfreight division Swiss Worldcargo. During the months of April and May, the major commodities transported... more
THE Alliance till the end of 2020
The alliance of Hapag-LLoyd, HMM, ONE and Yang Ming, called THE Alliance, has announced service adjustments to better match resources and "fluctuating demand" of the global shipping market. Between Asia and North Europe, the FP1, FP2, FE2, and FE3 will maintain... more
ITJ Video News – 12 November 2020
In the ITJ Video News of 12 November 2020, editor-in-chief Chris Doepgen presents news on Japan’s Ocean Network Express; Qatar Airways Cargo’s partnership with Champ Cargosystems; the new chair of Interferry’s board; Rail Cargo Hungaria’s activities in the Italian port of... more
The bigger the better
Emirates Skycargo, the airfreight division of Emirates, the world's largest operator of A380 (115), has started utilising the world's biggest passenger aircraft on select cargo charter operations to transport urgently required cargo across its network. Emirates' first... more
UN shipping report for 2020 gloomy
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... more
Sri Lankan carrier ramps up cargo capabilities
Fits Air (formerly Expo Air) has wet-leased an A321-200 for cargo-only flights out of Colombo. The Sri Lankan cargo specialist founded in 1997 secured the aircraft from Lithuania's Avion Express, which most recently was in service for the now defunct Thomas Cook Airlines.... more