The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of shipping containers plummeted by a staggering 27.5%, according to Xeneta’s Shipping...

2023 has seen new regulations on efficiency and carbon intensity from the International Maritime Organization (IMO), and a continued focus on decarbonisation across the sector. The Carbon Intensity Indicator (CII) and Energy Efficiency Existing...

Preliminary April 2023 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed continuing recovery in international passenger demand, reflecting the unabated appetite for travel in the region. Collectively, Asia Pacific...

Contrasting ship sector fortunes have been reflected in South Korea where French automotive giant Renault has started shipping brand new cars in containers to avoid prohibitively high costs associated with the car carrier sector....

A total of 661 containers were lost overboard in 2022, out of 250m transported, representing the lowest losses in percentage since the Washington-based liner lobby group, the World Shipping Council (WSC), started the survey...

Shipping executives say recent double-digit declines from last year’s big growth mask long-term gains U.S. seaports are having a terrible year, yet are seeing something of an importing resurgence at the same time.  Imports...

Ryanair Holdings plc today (22 May) reported a Q4 loss of €154m but a full-year PAT of €1.43bn, compared to a PY loss of (€355m), due to strong FY traffic recovery, improving fares, industry...

Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port of Los Angeles processed 688,110...

Airports Council International (ACI) World today announces the streamlining of its resources for small and emerging airports to foster their continued growth and sustainable development.  The streamlining of resources, which includes certain programs and...

Italy’s exports to China have tripled in little more than a year. The problem is, even the experts are struggling to explain why. Shipments abroad rose above €3 billion ($3.3 billion) in February, up...

Friday saw a product tanker called Purity seized by Iran, a third ship in quick succession, putting commercial shipping on high alert. On May 3 this year, the Panama-flagged, Greek-owned tanker Niovi was seized in the Strait of...

Taking a step forward in its drive to offer customers the convenience and assurance of digitally enabled travel journeys, Emirates will require most passengers departing Dubai to use a mobile boarding pass instead of...

Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the impact of weak global demand on its performance. The company recorded an...

This is an article by our trusted partners at Trade Tech. Countries in the European Union have been developing a unified approach to what they call Import Control System 2 or ICS2.  The go-live...

The Biden administration on Friday launched a $4 billion effort to electrify U.S. ports and cut heavy duty truck emissions as the government looks to address disproportionate impacts on nearby communities. The U.S. Environmental Protection Agency...

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA CGM granted the Bollore group...

Passenger traffic kept recovering in the first quarter across the European airport network, as volumes increased by +49% compared to the same period last year. The growth somewhat slowed down in March at +34%, reflecting the fact that travel restrictions were being...

The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. •             Global demand, measured...

JAL has decided to introduce three Boeing 767-300ER Freighter (dedicated cargo aircraft). This will be the first time in 13 years that JAL will operate its own Freighter, and operations will begin sequentially from...

U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, Refinitiv Eikon...