Air Europa Cargo adds capacity to cargo.one
Air Europa Cargo has placed its capacity on digital air cargo booking platform cargo.one to offer freight forwarders improved access to capacities connecting Europe and the Americas. From late summer, freight forwarders in selected cargo.one markets throughout EMEA and Latin America can book Air Europa Cargo capacity for general cargo, perishables and pharma shipments up […]
Hactl makes lithium battery handling safer
Hong Kong Air Cargo Terminals Limited (Hactl) is taking new steps to mitigate the risks of handling lithium batteries in air cargo. The Hong Kong International Airport-based company has opened a dedicated lithium batteries storage zone that is equipped with carbon dioxide (CO2) fire suppression systems and fire-proof partitions to segregate battery cargo from other […]
Bangladesh air cargo market faces logjams following protests
The Bangladesh air cargo market faces delays and sky-high rates after weeks of protests against the government and deadly clashes between police and demonstrators. Reports suggest the situation in the country today appears to be easing after prime minister Sheikh Hasina yesterday resigned and fled the country. However, the air cargo market faces a difficult […]
Tokyo Gas invests in floating wind farm off Portugal
Japan’s natural gas provider Tokyo Gas has made an investment in the WindFloat Atlantic operational floating offshore wind farm in Portugal. The wind farm is operated by Windplus, a majority-owned subsidiary of Ocean Winds. This investment is a new collaboration between Tokyo Gas and Ocean Winds, who are already co-shareholders of Principle Power, a floating […]
Supply chain chaos grips Bangladesh in wake of PM’s resignation
Supply chain chaos across Bangladesh, the world’s third-largest exporter of clothing, has created the longest berthing delays anywhere across the globe. Some 50 ships are queuing in a 25 nautical mile stretch outside Chattogram port (see map below) following weeks of protests, curfews, internet outages, all of which culminated yesterday in the resignation of Sheikh […]
Türkiye rolls out its own ETS to address EU transshipment loopholes
The Turkish parliament has approved a carbon pricing mechanism for the shipping sector, allowing the country to tax emissions from ships entering and departing its ports. The Turkish government is now expected to publish regulations about the types of vessels affected, emission fee rates, as well as procedures for monitoring, reporting, and verifying emissions. The […]
University of Miami researcher to power cargo vessels with ‘windfall’ technology
A University of Miami researcher is developing wind-powered cylinders aiming to propel existing cargo ships, lessening the shipping industry’s dependence on fossil fuels and cutting greenhouse gas emissions. “What’s old is new again,” claims GeCheng Zha, a professor of aerospace engineering and director of the Aerodynamics and Computational Fluid Dynamics Lab at the University of […]
Kronospan acquires major cargo terminal at Port of Riga
In early July, SIA Kronospan Riga, a subsidiary of the Kronospan Group, a wood-based panel manufacturing company, acquired KS Terminal, the fourth-largest cargo terminal in the Port of Riga. This acquisition establishes SIA Kronospan Riga as the sole shareholder of KS Terminal, enhancing its operations in Northern Europe and creating strategic growth opportunities for the […]
CMA CGM updates peak season surcharge from Spain Med ports to Latin America
CMA CGM announced that effective from 24 August until further notice, its peak season surcharge (PSS) from Spain Mediterranean Ports to West Coast of South America, West Coast of Central America, Mexico, East Coast of Central America and Caribbean will be updated. The surcharge from the French ocean carrier, which is applicable on short term […]
Hapag-Lloyd applies equipment imbalance surcharge from India to Kenya and Tanzania
German box line Hapag-Lloyd has announced the implementation of an equipment imbalance surcharge (EIS) from all ports in India to all ports in Tanzania and Kenya. The surcharge will be effective from 8 August and will be valid until further notice. The EIS will apply to all dry equipment, as follows: 20′ container: US$500 40′ […]