31 08, 2021

EUROCONTROL starts construction works for new operation centre in Brussels

2021-08-31T09:48:56+02:00August 31st, 2021|

The European Organisation for the Safety of Air Navigation, commonly known as EUROCONTROL, starts construction works for new operations centre in Brussels Construction work on the new EUROCONTROL Network Manager’s operations centre in Brussels has officially commenced with a ‘breaking ground’ event attended today by EUROCONTROL Director General Eamonn Brennan, [...]

30 08, 2021

Billions-rich owners double containership orderbook in 2021

2021-08-30T09:31:57+02:00August 30th, 2021|

With freight rates setting new records every week, cash-rich container shipowners have splurged on new tonnage like never before. The previous annual record for new container ship orders has just been broken, measured in capacity, in less than eight months, according to new data from international shipowning organisation BIMCO. A [...]

27 08, 2021

How shipowners can navigate rising inflation

2021-08-27T09:34:03+02:00August 27th, 2021|

Should shipping be worried by the direction of many central banks? Rising inflation has been the focus of global policymakers in recent weeks as the rapid economic recovery has caused a mismatch between supply and demand while businesses try to rebuild their inventories and overcome supply chain hurdles that were [...]

26 08, 2021

The worst is still to come in current shipping crisis.

2021-08-26T10:44:37+02:00August 26th, 2021|

What does that mean for your holiday shopping The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. That's troubling news for retailers and holiday shoppers. More than 18 months into the pandemic, the [...]

25 08, 2021

A fierce fight between alliances for market share on the main east-west trades has started

2021-08-25T10:29:40+02:00August 25th, 2021|

While competition authorities and shipper bodies allege collusion among carriers in today’s record, sky high freight rate environment, new analysis from Sea-Intelligence shows the fierce competition for market share between the world’s three global east-west alliances. Since the start of 2020, 2M, the Maersk, MSC grouping, has lost capacity market [...]

24 08, 2021

Chinese boxport congestion grows in wake of Ningbo closure

2021-08-24T10:36:32+02:00August 24th, 2021|

Container port congestion has spread across China in the 12 days since a terminal in Ningbo-Zhoushan went offline following a worker catching Covid-19. Data sent today by Danish liner consultancy eeSea highlights how global boxport congestion has grown over the past fortnight in China and neighbouring nations, yet has momentarily [...]

23 08, 2021

US Department of Defense Requests Civil Reserve Air Fleet to Assist With Afghanistan Efforts

2021-08-23T09:46:26+02:00August 23rd, 2021|

Secretary of Defense Lloyd J. Austin III has ordered the Commander of U.S. Transportation Command to activate Stage I of the Civil Reserve Air Fleet (CRAF). CRAF activation provides the Department of Defense access to commercial air mobility resources to augment our support to the Department of State in the [...]

20 08, 2021

Blocked Airline Funds Might Slow Recovery

2021-08-20T10:12:11+02:00August 20th, 2021|

Blocked Airline Funds Might Slow Recovery The International Air Transport Association (IATA) urged governments to abide by international agreements and treaty obligations to enable airlines to repatriate close to nearly $1 billion in blocked funds from the sale of tickets, cargo space, and other activities. “Governments are preventing nearly $1 [...]

17 08, 2021

Marine Insurance Company Warns of Risks of Shipping Containers on Vessels Other Than Purpose-Built Containerships

2021-08-20T10:36:22+02:00August 17th, 2021|

Marine Insurance Company Warns of Risks of Shipping Containers on Vessels Other Than Purpose-Built Containerships With continued chaos driving record-high freight rates in container shipping, some shippers have been forced seek more creative ways of moving cargo point A to B, including turning to bulk carriers and general cargo ships [...]

16 08, 2021

Ningbo terminal closure and what will happen if Covid hits more Chinese ports  

2021-08-20T10:42:04+02:00August 16th, 2021|

The news that Ningbo Meidong Container Terminal had suspended operations on Wednesday over a single Covid case raises wider fears for the supply chain as the Delta variant outbreak in China continues to spread. Tackling its largest Covid outbreak since the onset of the pandemic in early 2020 China continues [...]

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