Carriers rerouting capacity to more profitable Trans Pacific trade Tight capacity and limited equipment availability amid a spike in consumer demand saw rates published on the Shanghai Containerized Freight Index [...]
MSC/Maersk difference reduced to only 160.000 TEU container capacity Swiss Italian shipping line Mediterranean Shipping Company (MSC) is closing the capacity gap on its 2M partner, Maersk by continuing to [...]
Japan Airlines and ANA heading for a merge when pandemic continues A Japanese government advisor has suggested that ANA and Japan Airlines should consider merging as the crisis continues. With [...]
Willie Walsh taking over from Alexandre De Juniac as IATA CEO Former British Airways and International Airlines Group (IAG) CEO Willie Walsh is set to be become the next General [...]
US FMC researching on demurrage and detention policy applied from shipping lines Amidst a surge of import volume and unprecedented congestion at the nation's biggest container seaports, the Federal Maritime [...]
ZIM crushes breaking results as profit and volumes soar In the third quarter of 2020, the company's revenues israeli navigation ZIM increased by +20.3% amounted to $1.01 billion compared to [...]
Hapag Lloyd Q3 net profit up with $ 290 million Hapag-Lloyd delivered strong third quarter results with earnings before interest, taxes, depreciation and amortisation (EBITDA) of more than USD 2 [...]
HMM doubling Q2 profit result in Q3 South Korea’s leading container carrier HMM Co. reported its highest quarterly operating profit in a decade in the third quarter thanks to a [...]
European air traffic down 80% in October year-on-year European airlines can expect improving prospects towards the end of this year and next, bank HSBC has predicted, citing the progress being [...]
Korean Air looking for potential acquisition with rival Asiana Airlines South Korea’s Hanjin Group, owner of the nation’s largest airline Korean Air Lines Co Ltd , is in talks to [...]
