Moody's mood worsening 
It comes as no surprise that the rating agency Moody's sticks to its negative outlook for the global shipping sector for the coming 12 to 18 months. The outlook has been negative since March 2020. Yet, Moody's investors' service now draws an even gloomier picture in a new... more
Emirates Skycargo counts to 100 again
Emirates Skycargo will be operating scheduled cargo flights to 100 destinations across six continents during the current month. Some of the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Larnaca, Los Angeles, Male,... more
Saudia Cargo: over 1,500 cargo flights in 100 days
Saudia Cargo has operated more than 1,500 flights since the Covid-19 restrictions came into effect in March. 500 of these flights were operated using passenger aircraft deployed for international air cargo. From March through June, Saudia Cargo transported around 75,000 t of... more
More ULCV, more handling troubles
The recently published tenth WPSP-IAPH Covid19 port economic impact barometer gives a first indication of the development of container handling in ports located in countries where lockdown restrictions are being eased. The report is based on the figures of ninety ports... more
First steps towards a structural recovery
As PPE volumes faded, global air cargo volumes in June provided the first real indicators of a structural recovery. The industry seems to be ‘slowly getting back up on its feet’ as volumes in the first four weeks climbed 6% versus the full four weeks of May. Latest air cargo... more
30 years in Singapore
Emirates Skycargo has completed 30 years of operations in Singapore, one of the biggest cargo stations in its network. Over the years the carrier has transported an important volume of cargo, over 185,000 t just between 2014 and 2019. During the Covid-19 pandemic, Emirates... more
Drugs before Independence Day
US Customs and Border Protection (CBP) officers recently seized more than 345 kg of khat from Nigeria at Washington IAD. Officers initially examined two shipments after they arrived as air cargo aboard an Etihad Airways flight from the UAE. The shipments, manifested as clothing... more
MSC goes instant
The Switzerland-headquartered MSC Mediterranean Shipping Company has added a new tool to its e-business platform myMSC. The instant quote function provides for real-time shipping rates for container bookings. Currently, the majority of MSC’s bookings are carried out offline,... more
More converted B767 freighters and a perfect flight
Israel Aerospace Industries (IAI) has secured a contract with DHL International to convert an additional three B767-300 passenger aircraft to cargo aircraft, with the potential for a fourth unit. Valued at tens of millions of USD, this contract marks a milestone for IAI’s... more
Q3/2020 in the doldrums, Sea Intelligence expects
In its latest issue 106 of its Global Liner Performance (GLP) report, the Copenhagen (Denmark)-based maritime intelligence provider Sea-Intelligence refers to the recent revision of the IMF's outlook for the global economy, revising a -3.0% projected recession for 2020 downwards... more