Newsletter – July 7, 2021

AIR FREIGHT UPDATES

Air cargo recovery back on track

airacargoweek.com
After May’s subdued performance, global air cargo resumed its ‘long and winding road’ to Covid recovery in June with a 1% growth in demand versus the same month of 2019, as airlines continued to micromanage cargo capacity, according to the latest industry volume, load factor and rates data from analysts CLIVE Data Services and TAC Index. Read more here.

Air Canada Resumes 17 International Routes A Pandemic Recovery Continues

simpleflying.com
Today, July 6th, Air Canada revealed its Summer 2021 international schedule. With the government of Canada relaxing arrival procedures for vaccinated Canadians, anticipation is building that borders will open further for non-citizens and nationals in the weeks to come. With this in mind, Air Canada is setting up some long-haul routes – mainly from Toronto and Montreal. Read more here.

Fourth Of July TSA Numbers Prove Leisure Travel Is Back In The US

simpleflyling.com
The Fourth of July holiday weekend proved to be incredibly successful for airlines. After seeing a depressed holiday last year and with nearly 70% of adults in the United States having received at least one dose of the vaccine, Americans took to the skies in heavy numbers. In short, any naysayers who believed leisure travel is not back yet have been proven wrong this past holiday weekend. Read more here.

Storm Elsa Prompts A Wave Of US Airline Travel Waivers

simpleflying.com
Tropical Storm Elsa is strengthening in the Gulf of Mexico on Monday evening. It may strike Florida’s west coast as a hurricane tonight into Wednesday. Meteorologists expect Elsa will then track through southeast Georgia, the eastern Carolinas, and southeast Virginia late Wednesday into Thursday. In anticipation, United States-based airlines are issuing a slew of travel waivers. Read more here.

OCEAN FREIGHT UPDATES

South China port disruptions ‘could extend to Christmas’

lloydsloadinglist.com
Dwell times at the major ports in and around the south China city of Shenzhen “remain disruptively high”, despite trending downward in recent days with the Port of Yantian at full capacity again, according to freight visibility platform Project44.
It said the data suggests that disruptions related to China’s COVID-19 quarantine efforts could extend well into the year, impacting seasonal shipments as far out as Christmas.   Read more here.

Port restrictions remain as Elsa nears Florida landfall

freightwaves.com
The Coast Guard is continuing port condition Zulu for the ports of Tampa, St. Petersburg, Manatee and Fort Myers as Tropical Storm Elsa glides by Florida’s west coast. The condition was set at midnight Tuesday.
While port condition Zulu is in place, no vessels may enter or transit within these ports without permission from the captain of the port (COTP). Drawbridges in the area may cease operations as early as eight hours prior to the anticipated arrival of sustained gale force winds, or when an evacuation is in progress. During lockdown, the bridge is closed, power is turned off, traffic arms may be removed, the control house is secured and the bridge operator is sent to safety. Read more here.

North America Operational Updates

hapag-lloyd.com
In order to better inform you of the operational situation within USA and Canada, we would like to inform you that our Region North America – Operations & Customer Service Advisory notices are now posted directly to the website in the Offices and Local Information > North America > USA section. In particular, you can find them at the bottom of the Local Information page. Read more here.

Frantic spending spree in S&P containership market has left the well dry

theloadstar.com
Ocean carriers have sucked dry the S&P containership market, outbidding one another to acquire tonnage to insulate themselves from skyrocketing daily charter rates.
According to Alphaliner, some 301 containerships representing just over 1m teu, changed hands in the first six months of the year, as carriers and non-operating owners (NOOs) looked to beef up their fleets to take advantage of the disconnect between ship values and charter rates. Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

Vietnam trade still booming, but new Covid restrictions may prove a threat

theloadstar.com
Vietnam’s latest Covid scare is threatening to “break” the country’s booming supply chains.
Southern commercial hub Ho Chi Minh City (HCMC) is the current ’hotspot’ – having been under lockdown for five weeks – and rumours are circulating the city will be hit by “stricter measures” on Friday.
According to local media, prime minister Pham Minh Chinh warned last night the city may require “more aggressive solutions to push back the disease”. Read more here (login required).

Hyperloop box system unveiled

splash247.com
German port operator Hamburger Hafen und Logistik AG (HHLA) and America’s Hyperloop Transportation Technologies (HyperloopTT) will showcase a new way of moving containers from ports to inland destinations at an upcoming conference. Read more here.