ONE following a big plan
In late March, CEO Jeremy Nixon of the Ocean Network Express (ONE) pointed out that the Singapore-based container alliance, formed by the three Japanese carriers in 2017/18, won’t stand back behind other carriers in terms of growth plans. The group has earmarked more than USD... more
No limits for prices for newbuilds
According to Clarksons’ statistics, prices in the shipbuilding sector continue to point upwards. From an absolute low in November 2020 price have now increased by around 25%. This is the highest price rise since 2005, the London-based company said. For higher ship prices, one... more
Qantas will fly non-stop from Bengaluru to Sydney
Starting on 14 September 2022, five months from today, Qantas will operate four weekly return flights between Kempegowda International Airport in Bengaluru and Sydney’s Kingsford Smith International Airport with its widebody Airbus A330 aircraft. These are the first direct... more
Impact of Ukraine war on long-haul flights
The unprovoked invasion of Ukraine has led to significant changes in flight patterns. Based on data from Flightradar 24, Eurocontrol has analysed the current situation of long-haul flights between Europe and Asia. "Before" are the six weeks to 27 February, when... more
PIL banks on India
Singapore-based Pacific International Lines (PIL) is launching the China Vietnam India Service (CVI), a new direct connection linking Asian ports in China, Vietnam, Singapore and India's East Coast. The new service will operate once a week. Its first vessel will sail from... more
For the "greening" of ship recycling
On its recent 25th interim meeting, the ASA Ship Recycling Committee confirmed that, due to an increasing global demand for shipping, the result of ship recycling volumes in 2021 did not grow as anticipated and amounted to 24.3 million dwt. 2022 is expected to be about the same... more
Top ten handle 25% of world record cargo volumes
Airports Council International (ACI) World has published the top ten busiest airports worldwide for 2021. Air cargo had its volumes increase by close to 15% year-over-year (+3.5% versus 2019), to an estimated record 124 million t in 2021. Volumes at the top ten airports,... more
New Zealand sends C-130 to help Ukraine
The government of New Zealand will deploy a C-130H Hercules and 50-strong team to Europe to further support Ukraine against Russia’s invasion. Prime minister Jacinda Ardern announced the deployment on 11 April 2022, with USD 13 million in further support including a... more
Better coordination on war-affected trade routes
The International Road Transport Union (IRU) has welcomed European Union transport ministers’ commitment to better coordinate their response to the transport challenges posed by the war in Ukraine. This commitment comes after the European Commission proposed two mandates to... more
Fiata: survey on carriers' conduct
With three shipping alliances dominating the shipping markets, Fiata, the International Federation of Freight Forwarders Associations, is calling on its members to provide feedback on market development and shipping line practices that are considered as being unfair. Fiata... more