Newsletter – January 23, 2019

AIR FREIGHT UPDATES

India’s new air cargo policy seeks to create hubs by 2025

seanews.com.tr
THE Indian government aims to turn the country into a top five air cargo market and establish air transport shipment hubs at all major airports by 2025 under its much-awaited national air cargo policy unveiled at the two-day Global Aviation Summit in Mumbai recently. Read more here. 

OCEAN FREIGHT UPDATES

Burning container ship likely headed for the Bahamas: shipping expert

canadianshipper.com
Halifax, NS — A massive container ship that has been burning in international waters off Canada’s east coast since Jan. 3 now appears headed for the Bahamas instead of Halifax, its original destination. Read more here. 

Port Report: China may look to take a little extra time off this Lunar New Year

freightwaves.com
As the three largest U.S. ports see major congestion amid large volumes of inbound containers, the only near-term relief may come from the upcoming Chinese Lunar New Year.  Read more here. 

Other carriers should copy Maersk and spot check containers, says TT Club

theloadstar.co.uk
Global shipping insurer TT Club has commended Maersk’s decision to begin random spot checks on containers and wants more carriers to follow its example. Read more here.

The pursuit of a single digital platform for shipping would be bad for all of us

splash247.com
While the idea of a single ‘end to end’ digital platform for the shipping industry may seem utopian, the unfortunate reality is that it’s highly unlikely to work, and if it does, it will be bad for the industry. Read more here. 

Singapore remains world’s top transshipment port

seanews.com.tr
SINGAPORE port operator PSA has entered into an agreement with Japan’s largest shipping line after forming a joint venture with Ocean Network Express to operate four mega container berths from the first half of 2020, turning the Lion City into a major port of call for ONE’s services.  Read more here.