Newsletter: January 31, 2022

AIR FREIGHT UPDATES

Winter Storms Continue To Disrupt Weekend Travel In The Northeast

simpleflying.com
For much of January, adverse winter weather has been wreaking havoc upon aviation in the US. It has been a similar story this weekend in the northeast of the country, where a winter storm has led to widespread delays and cancelations to thousands of flights. Read more here. 

Air cargo the ‘silver lining’ for Asian airlines

aircargonews.net
Air cargo was the sliver lining for Asian airlines last year as demand edged ahead of pre-pandemic levels while passenger traffic was decimated.
The latest figures from the Association of Asia Pacific Airlines (AAPA) show that last year carriers from the region saw their international cargo traffic increase by 20.1% year on year to 72.3bn freight tonne kms. This compares with a 15.4% year-on-year decline in 2020. Read more here. 

KLM Will Not Allow Crew To Stay Overnight In Kyiv Amid Political Unrest

simpleflying.com
KLM Royal Dutch Airlines will not permit its members of staff to spend the night in Kyiv, Ukraine. The flag carrier of the Netherlands has forbidden its crew members from overnight stays in the capital Ukraine following increasing tensions between the Eastern European country and Russia. Read more here.

Qatar Airways Will Start Showing Cargo Customers Their CO2 Emissions

simpleflying.com
Qatar Airways’ Cargo division is launching a new online feature where customers can calculate the actual CO2 emissions associated with the transport of their goods. Depending on the results, they may choose different flight combinations to try and keep their carbon footprint to a minimum. Read more here.

OCEAN FREIGHT UPDATES

Lunar New Year impact will be minimal on imports

freigthtwaves.com
According to the FreightWaves Inbound Ocean Shipments (IOSI) and TEUs (IOTI) indices, shippers are continuing to order goods from overseas at a record clip. According to the IOTI, which measures twenty-foot equivalent units being booked by estimated time of departure, shippers have ordered approximately 13% more TEUs than the same time last year and nearly 80% higher than January 2020 heading into a traditional slow point in import activity.  Read more here. 

Liner schedule reliability falls off a cliff

splash247.com
The severe drop in containership punctuality during the pandemic has been brought into sharp relief via a new report from Copenhagen-based consultants, Sea Intelligence.
Global schedule reliability dropped to just 35.8% last year, according to data published by Sea-Intelligence yesterday. All top 14 carriers suffered double-digit year-on-year declines to register record low levels of reliability just as liners are raking in more profits than at any time in the history of containerisation. Read more here. 

Ports of Los Angeles and Shanghai partnering to create world’s first transpacific green shipping corridor

splash247.com
Two of the most important port pairings in global container shipping are to create a so-called green corridor. The Port of Los Angeles and the Port of Shanghai have committed to create a green shipping corridor on one of the world’s busiest container shipping routes. With C40 Cities – a network of mayors of nearly 100 cities around the world collaborating to deliver action needed to confront the climate crisis – the partners will work to reduce greenhouse gas emissions, phasing in low-carbon, ultra-low-carbon, and zero-carbon fuelled ships through the 2020s, and, by 2030, begin to transition to zero-carbon fuelled ships. Read more here.

MSC orders six 16,000 teu ships at Dalian

splash247.com
Clarkson Research Services has confirmed that Mediterranean Shipping Co (MSC) is behind a series of LNG-powered boxship orders in northern China.
Dalian Shipbuilding Industry Co (DSIC) had revealed last week it had signed contracts for six 16,000 teu dual fuel ships. The state-run yard did not reveal the identity of the owner at the time. Read more here.