HIGHLIGHTS
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Sea-Intel: 2028 is earliest for overcapacity absorption
October 26, 2023 - The market is heading into a traditional downcycle, as 2023 is seeing significant excess capacity being delivered, and...
Cathay saw improved cargo demand in September as peak season starts
October 20, 2023 - Cathay Pacific released its traffic figures for September 2023, showing cargo demand improved as the airline entered...
Qatar Airways Group announces appointment of new group chief executive
October 24, 2023 - Qatar Airways Group announced that after 27 years of service, Qatar Airways Group chief executive — His Excellency Mr...
Changi Airport records steady cargo demand as transshipment volumes grow
October 23, 2023 - Singapore Changi Airport reported steady cargo demand for September, driven by increased transhipment volumes for the...
Hong Kong air cargo volumes continued to grow in September
October 20, 2023 - Cargo throughput at the Hong Kong International Airport (HKIA) continued to grow in September, increasing by 10%...
IMO ship recycling convention to finally come into force in 2025
August 31, 2023 The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention)...
Prince Rupert commences construction of Ridley Island Export Logistics Project
October 19, 2023 The Prince Rupert Port Authority (PRPA) is commencing construction on the Ridley Island Export Logistics Project...
‘Modest’ peak season expected this year at U.S. ports
August 31, 2023 Ports on the U.S. East and West Coasts predict a “modest” peak season this year, slower than the record highs seen in...
Asia-Pacific office rents remain stable in Q3 2023
October 19, 2023 The overall logistics rent in the Asia Pacific region moderated in the third quarter, according to Knight Frank, driven...
DHL Hong Kong: The air trade market will remain soft in Q4 2023
October 19, 2023 Local air traders in Hong Kong are expecting that the market will remain soft in the fourth quarter of 2023 as import...
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