ONE remains cautious for 2021 financial developments Japanese ocean carrier Ocean Network Express (ONE) reported a profit of nearly $3.5 billion in FY2020 thanks to ongoing the COVID-19 economic recovery [...]
CMA CGM investing in LNG powered container vessels French container shipping company the CMA CGM Group announced on Friday it has ordered 22 vessels from Chinese shipyard CSSC Group expected [...]
Airlines industry continues to suffer throughout this year IATA, the International Air Travel Association, has warned that 2021 will mean global losses of $47.7bn for airlines, a slightly worse outlook [...]
Maersk upgrades 2021 financial prospects Shipping group Maersk has announced big jumps in its full-year guidance after a strong first-quarter performance driven by high demand which has led to supply [...]
China economy pursuits further rebounding China's economic growth has rebounded hitting targets above six per cent while taking new foreign investment levels to the top spot from the US. "The [...]
Container specialists xChange expect container market will tighten further The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, [...]
Cathay Pacific Cargo handled 15 million covid-19 vaccines In March 2021, Hong Kong International Airport’s (HKIA) cargo throughput saw a year-on-year increase of 4.9% to 397,000 t. Cargo handled over [...]
March continues growth in line with expectations The report’s shipment reading—at 1.196—headed up 10% annually, well outpacing February’s 4.1% annual gain that was impacted by harsh winter weather, and was [...]
Airport recovery schedules Q4 2023 at the earliest Airport traffic is rebounding off of pandemic troughs in most countries, though Fitch Ratings’ latest quarterly Global Airport Tracker report says the [...]
Airfreight industry supported by supply chain disruptions The international air cargo market has been on fire since last summer and the blaze is getting bigger, new figures show. The only [...]
