Bimco's maritime outlook for 2020
The Baltic and International Maritime Council (Bimco), the major international maritime association, with 2,100 members in more than 120 countries, has revised its forecasts for maritime transport for this year, due to the pandemic of the coronavirus Covid-19, which is already... more
Vietnamese carrier confirms Europe plans
Only 16 months after its launch Bamboo Airways has landed in Europe for the first time. The young Vietnamese airline actually intended to fly to Prague (from Hanoi) this weekend and to start regular services to Munich (from Hanoi and Ho Chi Minh City) and Melbourne (from Hanoi)... more
China: rail service to Wuhan launched
The ongoing novel coronavirus outbreak has led to numerous restrictions being placed on shipments to Wuhan (China), with shipments by truck becoming particularly difficult. Nippon Express has established a service to resolve the issue of transporting cargo to Wuhan by... more
Alitalia - government ends deadlock
While aircraft are staying on the ground in many places, there has been some unexpected movement with regard to Alitalia. After the flag carrier from Italy, which is currently especially affected by the health crisis, faced definite bankruptcy, the state decided to nationalise... more
Further growth of Eurasian traffic forecast
In 2016-2018 the market along the Eurasian corridor grew vigorously, but in 2018 and especially in 2019 the dynamic changed from fast to moderate growth and volumes were estimated at 345,000 teu, according to the latest study by UIC, the worldwide railway organisation. About... more
Kale Logistics Solutions wins innovation award
Kale Logistics Solutions was honoured with the digital port/terminal innovation of the year 2020 prize at the coveted global ports forum awards in Dubai, UAE for its port community system (PCS) codex. Kale Logistics Solutions’ PCS Codex was recognised for its exemplary... more
Volume backlash already in February
Seasonally adjusted, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) fell to the lowest value in its history in February, dropping 10.9 points to 102.5. In contrast, the... more
AEI to convert for Pacific carrier
Aeronautical Engineers (AEI) from Miami (FL, USA) has entered an agreement to provide Nauru Airlines with a 10-pallet position B737-300SF freighter conversion. The flag carrier airline of the Republic of Nauru which has its operational basis in Brisbane, Australia, will use... more
ESR grows in its core markets
ESR, an APAC focused logistics real estate platform, has announced its results for the financial year 2019. The group recorded revenue of USD 357.4 million in FY 2019, up 40.6% from USD 254.1 million in FY 2018. Net profit was USD 245.2 million, representing 20.8% growth from... more
Saudia Cargo still shipping through three gates
Saudi Airlines Cargo says is has taken proactive steps to ensure the continuity of all cargo and supply operations and the arrival of necessary goods and products including medical equipment, medicine and foodstuffs. The steps come in line with the official decisions, which... more