Analyst issues warnings for June
May 2020 was not as bad for the air cargo industry as the previous month. As indicated in data from Clive Data Services, the industry has passed the lowest point. After a -37% decline in volumes YOY in April, the corresponding figure for May of -31% showed a slight upward... more
DHL says "thank you" in Linz
DHL Express came up with a special gesture to thank frontline workers amid the coronavirus pandemic. A DHL aircraft with rainbow symbols and huge stickers saying "Thank you" shows the express service provider's gratefulness for all essential workers who keep operations... more
Aramex appoints acting COO
Aramex has appointed Othman Aljeda as the company’s acting COO, replacing Iyad Kamal, who will be leaving Aramex after a long and fruitful 29 years of service. Aljeda currently serves as the regional CEO for Aramex in Europe, North America and Asia. He joined the company in... more
Merchant fleet officer shortage imminent?
The already existing shortage of officers to crew the global merchant fleet is getting worse. According to the latest manning annual review and forecast report published by the London (UK)-based shipping consultancy Drewry, the reduced attractiveness of a career at sea and... more
Which kind of cargo takes a seat?
Since mid-April, Emirates Skycargo has been transporting cargo on the seats and the overhead bins inside the passenger cabin of its B777-300ER. This allows the Dubai-based airline to load more goods per flight, while placing utmost importance on safety: shipments... more
ZIM's new dedicated e-commerce product
The Haifa (Israel)-based shipping company ZIM launches a new service from South China to Los Angeles US West Coast. The name of the new product speaks for itself: ZIM eCommerce Xpress (ZEX). It will deploy five sprinter vessels and is designed to support time-sensitive cargo... more
Carrier reliability better than expected
In its latest global liner performance (GLP) report, the Copenhagen (Denmark)-based maritime consultancy Sea-Intelligence lists the reliability figures of worldwide shipping for the month of April. According to this analysis, global schedule reliability declined marginally... more
Perils for crews and idle fleets
The coronavirus pandemic has left a lot of ships lying idle, which has created a number of new challenges, as a new publication of the Allianz Global Corporate & Specialty (Agcs) shows. The difficulties include delays in servicing and inspections and a shortage of... more
ZIM sailing into the black?
The Haifa (Israel)-headquartered shipping company ZIM has reported its Q1/2020 results. All major indicators improved in comparison to the same period in 2019, yet a net loss of USD 11.9 million compared to USD 24.3 million in Q1/2019 resulted at the of the quarter. While... more
Container index takes a fall in April
The downturn had been expected. The container throughput of the RWI Leibniz Institute for Economic Research and the Institute for Shipping Economics (ISL) fell from 110.4 (corrected) to 108.9 in April, down 6.5% from the value of the same period last year. In the Chinese... more