K Line to expand fleet with methanol-ready bulk carriers
Kawasaki Kisen Kaisha, Ltd. (K Line) is expanding its fleet of methanol-ready ships with an order of three post-Panamax...
IATA, ICAO renew dangerous goods agreement for air cargo
The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) have...
WorldACD: Tonnages continue downward trend in early June
The downward trend in air global cargo tonnages has continued into early June, with average rates
Lufthansa Cargo appoints new head of region DACH & KAM EMEA
Lufthansa Cargo announced that Philip Rauchhaus will take over the position of Head of Region DACH & KAM EME...
UNCTAD: Global foreign direct investment grew 3% in 2023 as recession fears eased
Global foreign direct investment (FDI) defied earlier expectations for 2023, growing by 3% and finishing the year at an...
DHL HK: Air traders conservative towards their business expectations in Q1
Local air traders in Hong Kong are feeling cautious about their prospects for business this quarter, particularly...
Red Sea Crisis prompting second largest capacity drop in ocean shipping
The Red Sea crisis — which has been going on for a month now — has caused the second largest capacity drop in ocean...
Port of LA notes continued volume recovery at the close of 2023
After a slow start, the Port of Los Angeles (Port of LA) said it finished 2023 with five months of year-on-year growth,...
Shanghai's airports record increased cross-border e-commerce exports
Shanghai airports saw a record surge in cross-border e-commerce exports last year, signifying continuous growth in...
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IATA lowers projections for cargo revenues and yields in 2023
IATA has revised its expectations for air cargo revenues and yields downward for the year due to
CLIVE: Air cargo market suffers lowest rates in May since March 2020
Tension is mounting in the global air cargo market heading into the weaker summer months, with
Drewry: Seafarer labour market tightest on record
Officer supply shortfall has reached a record high and is not expected to improve, leading to
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