Newsletter – June 1, 2020

  • 01

    Jun

    Newsletter – June 1, 2020
    AIR FREIGHT UPDATES
    India Extends International Flight Suspensions Until June 30th
    simpleflying.com
    On May 24th, India had its first day of domestic flight resumptions. Despite unprepared airports, flight cancellations, and a plethora of quarantine protocols, the country’s domestic market is beginning its slow path to recovery. On the international side of Indian aviation, however, the government has announced that it will extend its ban on commercial passenger service through June 30th. Read more here.
    Philippine Airlines Plan Flight Resumptions This Week
    simpleflying.com
    Philippine Airlines announced last week that it planned to resume flights from today. As COVID-19 restrictions are eased in the Philippines, the airline disclosed its plan to restart a limited number of international and domestic routes. With travel restrictions still in place for many countries, where exactly will the airline be flying? Read more here.
    OCEAN FREIGHT UPDATES
    Ocean freight rates set to remain firm despite continuing weak demand – analyst
    lloydsloadinglist.com
    With a demand surge unlikely, carriers will continue to use blanked sailings to prop up container freight rates through the 2020 summer peak season, according to Maritime Strategies International (MSI). Read more here.
    Inspection reveals ‘inadequate lashing’ and rusty securing points on APL England
    theloadstar.com
    The vessel APL England has been detained in Australia over inadequate lashing, after losing 40 containers overboard off the coast of Sydney on Sunday.
    After the vessel docked in the port of Brisbane, an inspection by the the Australian Maritime Safety Authority (AMSA) revealed lashing arrangements for cargo were “inadequate” and securing points for containers on the deck were “heavily corroded.”
    Read more here.
    CANADA BUSINESS – GOVERNMENT UPDATES
    Canada’s Transport Minister Says Airlines Could Fail If Refunds Are Mandated
    simpleflying.com
    Canada’s Transport Minister Marc Garneau issued a stark warning earlier this week detailing how refunds would impact the airline industry. On 29th May, the Minister said that Canadian airlines risk collapse if they are asked to shell out cash refunds. Meanwhile, the pressure is rising from consumers desperately seeking tied up funds. Read more here.
    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
    Cargo crime expected to soar as supply chain resilience is tested
    theloadstar.com
    As lockdowns start to ease across Europe and the Middle East, cargo crime is expected to spike as thieves take advantage of disrupted supply chains, according to TAPA.
    The past three months have seen crime rates fall significantly, year on year, by nearly half according to value, while the number of incidents has fallen by about 85%. Read more here.

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