Newsletter – January 4, 2021

AIR FREIGHT UPDATES

Cathay Pacific launches Hong Kong-Riyadh freighter

lloydsloadinglist.com
Cathay Pacific Cargo has announced the launch of a new scheduled freighter service between Hong Kong and Riyadh, in Saudi Arabia, starting 5 January 2021. Read more here.

Shanghai’s Third Airport – What Is The Latest?

simpleflying.com
For a couple of years now, speculation has floated around regarding Shanghai’s proposed third airport. While there’s not a lot of official information on any new airport, media reports suggest the 20 square-kilometer airport will likely be located at Haimen in Nantong, north of Shanghai, and able to handle 50 million passengers annually. Read more here.

OCEAN FREIGHT UPDATES

Hapag-Lloyd and ONE order new 12 ULCVs for Asia-Europe trade

theloadstar.com
THE Alliance is scheduled to receive a significant capacity boost over the next few years after member carriers Hapag-Lloyd and ONE signed deals for new vessels. Read more here.

Evergreen ship suffers stack collapse

container-news.com
Evergreen Marine Corporation has confirmed that its 2014-built 9,466TEU ship Ever Liberal, has suffered a stack collapse while en route from Busan, South Korea, to Los Angeles at approximately 0230 UTC on 30 December 2020.
Read more here (login required).

Container shortage and high prices hamstringing supply chains in Thailand

theloadstar.com
Thailand’s container shortage is playing havoc with supply chains as carriers prioritise capacity in neighbouring China and Vietnam, say cargo owners. Read more here.

Maersk works with stakeholders on port congestion, export issues

supplychaindive.com
Maersk said it is working with stakeholders to address U.S. export and congestion challenges stemming from an ongoing surge in imports at U.S. seaports, the carrier said in a press release last week. Read more here.

Liner winners and losers 2020

lloydsloadinglist.com
Eight of the world’s top 12 carriers increased overall capacity in 2020 despite all 12 making stinging capacity cuts in the first half of the year as coronavirus lockdowns hit demand, according to Alphaliner. Read more here.