HIGHLIGHTS
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EUROCONTROL: War in Ukraine, economic fallout delaying recovery in air traffic until after 2024
October 17, 2022 - Air traffic in Europe is not expected to recover to 2019 levels until after 2024 according to a new 7-year forecast of...
Hong Kong records a 25% drop in cargo volume for September
October 16, 2022 - Cargo volumes in Hong Kong continues to be affected by global economic headwinds and supply chain disruptions. Hong...
IATA: Industry expects SAF to play the largest role in decarbonizing aviation
October 14, 2022 - The International Air Transport Association (IATA) said the industry expects Sustainable Aviation Fuel (SAF) to play...
MSC chief warns of "difficult quarters ahead"
October 13, 2022 - The chief of the Mediterranean Shipping Co. (MSC) has warned of difficult times ahead for the shipping industry as...
ONE says consortium bid to acquire Atlas Corp moving ahead
October 13, 2022 - Ocean Network Express (ONE), which is part of a consortium bidding for Atlas Corp., owner of Seaspan Corp., has made an...
Hactl achieves all IATA CEIV certifications after new accreditation on lithium batteries
October 11, 2022 Hong Kong Air Cargo Terminals Limited (Hactl) has successfully obtained accreditation under IATA's CEIV Lit...
Singapore earmarks US$15M to fund two maritime energy and sustainable centres
October 12, 2022 The Singapore Maritime Institute (SMI) that it has earmarked S$22 million (US$15 million) to fund the creation of two...
CLIVE: Lower demand, more capacity in 'jumpy' air cargo market drives rates down
October 6, 2022 General air freight spot rates fell 9% year-over-year in September, to below the 2021 level for the first time this...
IATA: Air cargo demand still down YoY but showed resilience in August
October 6, 2022 The International Air Transport Association (IATA) released data for global air cargo markets in August showing that...
Singapore develops national quality standard for marine biofuel
October 5, 2022 Singapore said it continues to make progress on the bunkering of biofuel and it has developed together with the...
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