HIGHLIGHTS
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Hong Kong renews block exemption for liner shipping
July 8, 2022 - Hong Kong has renewed a block exemption order for vessel sharing agreements (VSAs) in the liner shipping industry for...
IATA: May air cargo buoyed by easing of Omicron restrictions in China
July 7, 2022 - Global air cargo markets showed performance improvement in May according to the International Air Transport Association...
Flights land on Third Runway of Hong Kong Airport as operation familiarisation starts
July 8, 2022 - Operation familiarisation for flights on the Third Runway, designated as the new North Runway of Hong Kong...
Rates remain low on major lanes, demand backlogs in Europe begin to build up
July 7, 2022 - Floating rates remain low, relative to long-term fixed rates in the Asia-North America lane according to the latest...
CLIVE: Air cargo volumes fell again while rates continue to cool in June
July 7, 2022 - Global air cargo volumes fell again in June — the fourth month of decline in a row — after drops already recorded in...
UNCTAD: War in Ukraine raising global shipping costs, stifling trade
July 4, 2022 The UN Conference on Trade and Development (UNCTAD) says the war in Ukraine is stifling trade and logistics of the...
Full freighter schedule back at Cathay Pacific Cargo
June 30, 2022 Cathay Pacific announced that it has resumed its full freighter schedule — the latest update in the airline&#...
Sea-Intel: Schedule reliability remains between 30% and 40%
June 30, 2022 Global schedule reliability seems to continue to follow the trend seen in 2021, according to a new report by...
Air cargo players told to prepare for new EU requirements for inbound air shipments
June 29, 2022 Air cargo players were told to gear up for new rules governing inbound air shipments to the European Union (EU). The...
APAC airlines saw cargo decline in May amid a bleak global economic outlook
June 28, 2022 Asia Pacific airlines saw another month of the downtrend for air cargo as prevailing supply chain disruptions and...
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