Industry

PSA International CEO Tan Chong Meng declared at the Global Liner Shipping Asia conference in Singapore container vessels have reached their logical limit in terms of size,. He stated that […]

MEMBERS of the G6 Alliance – APL, Hapag-Lloyd, Hyundai, MOL, NYK and OOCL – will cancel more Asia-Europe sailings as demand slackens at the end of the peak season. The […]

CEO Soren Skou from Danish container operator Maersk Line, sent out a warning that global box traffic will rise 3% to 5% in 2016 while a 9% capacity increase will […]

Chinese COSCO holding company has signed a contract for 11 new container vessels built for $1.51 billion, in their search to cut costs. According to contract,  six boxships will be […]

Data released by the International Air Transport Association IATA,  is showing a cargo volume fall of 0.6% compared to July 2014 also revealing a growth slowdown from earlier this year. […]

The International Air Transport Association (IATA) announced that its Director General and Chief Executive Officer (CEO), Tony Tyler, will retire in June 2016 after serving five years in the position.  […]

Preliminary traffic figures for the month of July released by the Association of Asia Pacific Airlines (AAPA) showed air cargo demand has weakened. Air freight markets softened in July reflecting […]

The Board of Directors of France’s CMA CGM Group, a leading worldwide shipping group, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the […]

Chinese airline, Air China Cargo has reported increasing figures during the first half of 2015, as revenues freight tonne km went up by 23.5% y-o-y to 3,166m and the load factor rose 0.47 […]

Qantas Airways , the Australian airline carrier reversed itself out of last year’s loss to this year’s profit of us dollar 195.3 million drawn on revenues of Australian dollar 15.8 […]