Newsletter: April 5, 2022

AIR FREIGHT UPDATES

Shanghai airfreight disruption continues

aircargonews.net
Airfreight and wider supply chain disruption is set to continue in Shanghai as the city remains under lockdown.
Shanghai started a two-phase lockdown on March 28. Restrictions were due to end on April 5, but the city’s government has extended the lockdown, now covering the whole city. Read more here. 

Vietnam’s first cargo airline close to launch

aircargonews.net
Vietnam’s first cargo airline is moving closer to becoming operational.
The country’s transport ministry is seeking approval from the prime minister to issue a licence to IPP Air Cargo, according to Reuters.
Imex Pan Pacific Group (IPPG) which established IPP Air Cargo, said on March 3: “The Civil Aviation Authority of Vietnam has assessed that IPP Air Cargo’s application for an air transport business license complies with regulations.” Read more here. 

OCEAN FREIGHT UPDATES

Car carrier firms start to turn away used EVs in wake of spate of serious fires

splash247.com
Shipping operators are turning away transporting risky used electric vehicles (EVs) in greater numbers.
Japan’s Mitsui OSK Lines (MOL) is the latest name to go on the record saying it is pulling back from transporting secondhand battery-powered cars. Read more here. 

No newbuilding push for Maersk – just renewals for a greener fleet

theloadstar.com
While many liner operators and tonnage providers have been on a vessel-ordering spree, with orders equivalent to around 23% of the current fleet, Maersk Line has said it would be “disciplined” in its newbuild strategy.
Even after losing its crown as the world’s largest liner operator to MSC last year, the Danish carrier will not embark on aggressive newbuilding or second-hand ship purchases. Read more here (login required).

Port of New York and New Jersey achieves busiest February on record

container-news.com
The Port Authority of New York and New Jersey (PANYNJ) has reported that the US port has registered the busiest February in its history, by moving 759,248 TEU.
This translates to a container throughput increase of almost 30% over the pre-pandemic February of 2019, according to the PANYNJ’s data. Read more here.