Archive for May 2021

OCEAN FREIGHT UPDATES Container line schedules take another hit as port congestion in China spreads theloadstar.com Yantian International Container Terminal (YICT) has extended its export suspension until Monday, as port congestion worsens throughout China. The Shenzhen gateway was due to […]

AIR FREIGHT UPDATES Cargolux sees new trends in a new era as air freight margins and capacity tighten theloadstar.com Air cargo yields on the transatlantic may begin to soften this summer, according to Richard Forson, chief executive of Cargolux. But so […]

OCEAN FREIGHT UPDATES Yantian Port halts entry for export containers lloydsloadinglist.com The Port of Yantian said it will stop taking in loaded containers as congestion at the export hub in Southern China deteriorates. The restriction will be implemented from 2200 […]

AIR FREIGHT UPDATES Breaking: The UK CAA Suspends Belarus Flag Carrier Belavia simpleflying.com In response to international condemnation of an incident in Belarus, the UK Civil Aviation Authority (CAA) has suspended the operating permit of Belarus’s national carrier, Belavia. In addition, […]

OCEAN FREIGHT UPDATES Blank Sailing Schedules Creating Further Delays for Shippers maritime-executive.com For much of the last year shippers have been complaining about delays, lack of availability, and rising costs as volumes soared in container shipping. A new analysis of […]

OCEAN FREIGHT UPDATES Hapag-Lloyd rocks already hard-hit transpac shippers with a $3,000 GRI theloadstar.com Hapag-Lloyd has just announced a $3,000 per 40ft GRI on Asia to the US and Canada services from 15 June. A year ago, the Shanghai Containerized […]

AIR FREIGHT UPDATES Israel’s Air Traffic Impacted By Rocket Attacks simpleflying.com Overnight, Israel came under a missile attack. More than 1,000 rockets were fired from Gaza, targeting major cities and the main airport of Ben Gurion. The airport closed for around […]

AIR FREIGHT UPDATES Companies in desperate hunt for aircraft to move cargo freightwaves.com The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo […]

AIR FREIGHT UPDATES Companies in desperate hunt for aircraft to move cargo freightwaves.com The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo […]

OCEAN FREIGHT UPDATES Liner contract rates set new records splash247.com Contract rates in container shipping are soaring to record levels. The contract rates published on the China Containerised Freight Index (CCFI) last Friday hit 2,074 points. Putting this in context, […]