21 09, 2021

The US Decides to Lift COVID-19 Travel Restrictions from Certain Countries

2021-09-21T13:14:31+02:00September 21st, 2021|

The International Air Transport Association (IATA) welcomed the decision by the Biden Administration to enable vaccinated travelers to enter the US with a negative COVID-19 test result prior to travel from early November. Importantly, this supersedes the so-called 212f restrictions which prevented anyone from entering the US if they had [...]

20 09, 2021

CMA CGM hit by another cyber attack

2021-09-21T17:30:09+02:00September 20th, 2021|

CMA CGM has been hit by another cyber attack, just under one year since its last big breach. The French containerline told customers today that it had suffered a leak of data on limited customer information involving first and last names, employer, position, email address and phone number. CMA CGM [...]

17 09, 2021

California congestion is getting worse: in queu 49 cargo vessels.

2021-09-21T17:31:13+02:00September 17th, 2021|

Current port delays on the US West Coast are contributing to the extraordinary lack of available vessel capacity that we are currently seeing globally, which is putting immense pressure on ever-tightening rates, according to VesselsValue, a shipping online valuation and data provider. There are currently 49 cargo vessels that are [...]

16 09, 2021

The domino effect of port congestion ripples throughout the logistics supply chain

2021-09-21T17:31:35+02:00September 16th, 2021|

A butterfly effect can be seen in supply chains worldwide, with disruptions in one location resulting in significant delays and congestion elsewhere on the planet. The pandemic has highlighted the fragility of this interconnected system, and in recent months COVID outbreaks and extreme weather in parts of Asia have led [...]

15 09, 2021

Forecast of $9 trillion aerospace market opportunities over next decade

2021-09-21T17:34:38+02:00September 15th, 2021|

Boeing today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, [...]

14 09, 2021

World’s Shippingcompanies Are Earning The Most Money Since 2008

2021-09-21T17:34:06+02:00September 14th, 2021|

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether its giant container ships stacked high with of 40-foot steel boxes, bulk carriers [...]

13 09, 2021

Sad Record Number of Ships at Southern California Ports

2021-09-21T17:33:35+02:00September 13th, 2021|

Southern California ports set new records Friday for the number of vessels in port as the pandemic-driven import boom that continues to pressure ports from coast to coast. The Marine Exchange of Southern California on Friday reported a new record of 134 ships in port, including 74 total ships at [...]

10 09, 2021

A Banner Year for LNG-Fueled Newbuild Orders in 2021

2021-09-21T17:33:03+02:00September 10th, 2021|

Orders for LNG-fueled newbuilds have continued to gain market share in 2021, approaching 30% of new shipbuilding orders by gross tonnage, according to SEA-LNG citing Clarkson Research Services data. SEA-LNG is a UK-registered non-profit that advocates for the use of liquified natural gas as a currently available, environmentally-friendly marine fuel. [...]

9 09, 2021

Containervessel charter rates hit unprecedented $200,000 a day

2021-09-21T17:32:35+02:00September 9th, 2021|

$200,000 a day for a boxship charter; $125m for a six-year-old, 6,865 teu vessel – the scorching container shipping sector has entered supernova territory. The records continue to tumble in box shipping’s most extraordinarily profitable year, pushing asset prices further skyward. S&P broking sources this week suggest a six-year-old 6,865 [...]

8 09, 2021

EasyJet on track to zero-emission aircraft

2021-09-21T17:32:05+02:00September 8th, 2021|

EasyJet welcomes these important milestones which are crucial steps forward on the path to zero-emission aircraft easyJet welcomes these important milestones which are crucial steps forward on the path to zero-emission aircraft Wright’s next phase of development will be supported by a new dedicated laboratory and specialised motor test site [...]

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