Consultative Shipping Group Warns of Structural Trade Shift
Global maritime trade is undergoing a structural shift, 18 shipping nations warn, with UK importers facing longer and less predictable sea freight transit.
Air Cargo Demand Up 3.9% as Air Freight Capacity Tightens
Global air cargo demand rose 3.9% year on year while capacity grew 1.7%, keeping load factors high and tightening air freight space into North America.
Shipping Container Spot Rates Flat as Transpacific Rises
Drewry’s World Container Index held flat this week as Transpacific shipping container rates rose and Asia to Europe rates fell, splitting UK lane costs.
Baltic Dry Index Rises 2.1% to 3,107 on Ocean Freight Gains
Baltic Dry Index rose 2.1% to 3,107 on Thursday, a sixth straight session of gains, lifting capesize ocean freight rates for iron ore and coal cargoes.
What Is Air Freight Capacity on the Helsinki Doha Route
Qatar Airways Cargo begins weekly Helsinki freighter flights on 2 September, adding 100 tonnes of export capacity and shifting what is air routed via Doha.
My Freighter Expands Baltic Ground Services Air Cargo Deal
My Freighter expands Baltic Ground Services handling to Ostrava, Tallinn and Riga, adding fuelling and air cargo support on key Central European routes.
WFS Secures Oslo Airport Handling Licence for Air Cargoes
WFS has secured a cargo handling licence at Oslo Airport, adding capacity and competition for cargoes moving through Norway’s principal air freight hub.
Shipping Corporation of India Tenders for 6 Cargo Ships
SCI has tendered for up to 6 8,000 TEU cargo ships, with 2 confirmed at the point of order, under a fleet renewal programme with no delivery dates given.
Los Angeles Nears 1 Million TEUs as US Ports Peak Early
The Port of Los Angeles handled nearly 1 million containers in July, keeping US west coast ports busy even as the early peak shipping season winds down.
Shipping Cargo by Air: Spot Rates Fall 6% to US$3.12 per kg
Air cargo spot rates fell 6 percent in July to US$3.12 per kg, cutting the premium on shipping cargo by air with little peak season charter demand so far.
