Cargo gives airships a lift
Hybrid Air Vehicles has been examining how its Airlander 10 airship could play a role in the future of air cargo. Cargo is playing an increasingly important role in the future development of the airship market, according to UK-based Hybrid Air Vehicles (HAV). HAV commercial business development director George Land explains that a recent ramp […]
Putzger perspective: Is e-commerce trade under threat?
Trade legislation crackdowns in the EU and US could hamper e-commerce supply chains as the air cargo industry gears up for peak season. By early August a chorus of voices proclaimed the approaching end of the 2024 peak ocean shipping season. According to the National Retail Association, containerised imports to the US were set to […]
Airfreight capacity conundrum as peak season approaches
The Red Sea shipping crisis and e-commerce are driving demand for airfreight and consequently capacity is looking tight for the peak season. Since October 2023, more than 75 cargo ships have been attacked by Houthi rebels in the Red Sea. 12% of all global trade traditionally took this route, via the Suez Canal, but as […]
AI’s role in the future of airfreight
AI has already disrupted personal transportation, so what’s in store for air cargo? There have been countless IT-fuelled disruptions of well-established markets. Streaming killed Blockbuster. Digital cameras drove film sales from an estimated 200m rolls in 1999 to only 5m rolls by 2009. The ‘disrupted into oblivion’ list is long and growing. Transportation has also […]
4 Benefits of Lean Supply Chain Management
Image by Tiger Lily on Pexels Lean supply chain management aims to cut waste and optimize value creation all through the whole supply chain process. A lean supply chain’s primary focus is streamlining operations, lowering costs, enhancing quality, and eventually, improving customer satisfaction. Implementing a lean supply chain comes with numerous rewards. Discussed below are […]
Chinese ports exceed 190 million TEUs in 2024 so far
Chinese ports handled 190.9 million TEUs from January to July, marking an 8.3% year-on-year increase. In July, Shanghai Port recorded a container throughput of 4.84 million TEUs, reflecting a 15.1% year-on-year growth, while Ningbo Zhoushan Port handled 3.35 million TEUs, up by 5.3% compared to the previous year. The two busiest ports in China have […]
Valenciaport sees significant growth in trade with Australia, Baltic States, and Red Sea
The Port Authority of Valencia’s Statistical Bulletin for June highlights notable growth in trade over the past six months with three key regions: the Red Sea, the Baltic States, and Australia. The shifts in shipping routes due to the ongoing war crisis have driven increased traffic in the Red Sea and Baltic regions. Australia’s growth, […]
Lloyd’s Register acquires Ocean Technologies Group
British class society Lloyd’s Register is acquiring Ocean Technologies Group (OTG), a provider of human capital management and operational software, from European private equity firm Oakley Capital. No price has been revealed for the acquisition. OTG provides critical training, compliance, operational and HR software to over 1,000 shipowners and operators and over 1m seafarers around […]
Russian ships seen obscuring names and IMO numbers while transiting the Bosporus
Russian-linked ships are getting crews to crudely obscure vessel identities, contravening laws established by the International Maritime Organization (IMO). Yörük Işık, who describes himself on social media as an obsessive ship spotter along the Bosporus, has tracked “dozens” of vessels where original names – and even IMO numbers – have been painted over. Işık told […]
Salvors assess how best to handle the burning Sounion tanker off Yemen
The on fire Sounion suezmax is expected to be towed from its location off Yemen today. Two tugs, Hercules and Gladiator, have been primed to carry out the delicate operation. The tanker was hit by multiple projectiles from the Houthis 12 days ago, with the crew evacuating and the Houthis then boarding the Sounion and […]