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AirBridgeCargo lessors sue insurers over aircraft 'seized' and stuck in Russia

November 22, 2022 8524 Read More

Aircraft insurers are being sued in Dublin and London by leasing companies unable to reclaim aircraft stuck in Russia.In

Zim faces redeploying nine box ships as it axes transpacific loop

November 22, 2022 7073 Read More

Zim has suspended its Asia US east coast ZSE express loop, with the last sailing performed by the 5,936 teuIan Hfrom Tan

New Delhi pushes for rapid sale of 30% of its shares in Concor

November 22, 2022 4124 Read More

India’s government is looking to sell some 30% of its shares in rail operator Container Corp of India (Concor) by the e

Zhonggu to target containerised dry bulk to fill fleet of new box ships

November 22, 2022 2709 Read More

Zhonggu Logistics, China’s largest coastal liner operator, wants to attract more containerised dry bulk cargo to boost

Carriers 'in panic mode' as recession bites, offering 'crazy' ocean rates

November 21, 2022 9958 Read More

Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank, causi

Ro-ro market rebounds as rates double and vessel space is at a premium

November 21, 2022 5889 Read More

As the container shipping bonanza comes to an end, the ro-ro market has come alive, with full ships, spot rates in the s

'Ban' on expensive airfreight as hard-hit retailers review supply chains

November 21, 2022 6015 Read More

Retailers are rejecting air freight, and returning to the ocean market where prices are low and reliability has imp

Korean shipping lines promised billions in state support as profits fade

November 21, 2022 6484 Read More

South Korea’s minister for oceans and fisheries has assured the country's container shipping companies his ministry

UAE's AD Ports Group scoops up Noatum Logistics for $680m

November 21, 2022 6561 Read More

It’s been a long and winding road for Noatum Logistics, formerly known as MIQ and, before that, YRC Logistics.AD Ports

Improved shipping reliability adds to retailer woes as more stock pours in

November 18, 2022 8297 Read More

Less congestion on the high seas has put additional pressure on some retailers, already struggling with too much stock.W

Cargologicair goes into administration – 'killed' by UK red tape

November 18, 2022 3728 Read More

UK freighter operator Cargologicair (CLA) has finally gone into administration – but at a cost to UK jobs and trade, it

Zim will focus on niche markets as it prepares for the ‘new normal’

November 18, 2022 7804 Read More

Israeli ocean carrier Zim said yesterday it expected freight rates to keep falling and was preparing for the ‘new norma

Australia's FWC vetoes Svitzer tugboat lockout to avoid economic damage

November 18, 2022 4975 Read More

Following intense political pressure and intervention from Australia’s Fair Work Commission (FWC), Svitzer’s planned l

Some relief for loss-making SpiceJet as air cargo enjoys 'its best times in India'

November 17, 2022 7104 Read More

Cargo may be saving the day for India’s airlines.Low-cost carrier SpiceJet – plagued by long-running cashflow problems

Europe's feeder operators feel the pressure as volumes from Asia decline

November 17, 2022 6757 Read More

The knock-on effect from blanked sailings from Asia has significantly reduced the need for feeder services across North

Shippers face a 'stick or twist' contract choice as economies flounder

November 17, 2022 3291 Read More

As Europe’s contracting season approaches, shippers and forwarders are considering their options for the forthcoming ye

Low ocean shipping rates here to stay as overcapacity looms

November 17, 2022 7162 Read More

Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 10% – are “overblow

NOOs fear looming glut of new tonnage as charter market bull run ends

November 16, 2022 5703 Read More

Containership owners are increasingly concerned that an historically high orderbook will have a negative effect on their

Florida shipper sues, claiming Maersk 'flouts the law to rake in profits'

November 15, 2022 4226 Read More

Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business

Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates

November 15, 2022 8748 Read More

Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business

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