DB Schenker opens air cargo route between China and Germany
On 7 January, DB Schenker launched a new Ezhou-Frankfurt regular cargo route with the inaugural flight of a Boeing 777 freighter from the Chinese Ezhou Huahu International Airport to Frankfurt, Germany. The route, operated by Etihad Cargo, will run weekly with a stopover in Abu Dhabi, transporting diverse goods including e-commerce, high-tech, electronics, and automotive […]
KOBC Container Composite Index jumps, Busan-US spot rates surge
The Korea Ocean Business Corporation (KOBC) announced that the latest KOBC Container Composite Index (KCCI) stood at 3,480 points, reflecting a 4.41% increase from the previous week. According to the Japan International Freight Forwarders Association (JIFFA), the rise was driven primarily by higher spot rates for container exports from Busan, particularly on the US trade […]
Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai
Danish marine fuels supplier Monjasa is strengthening its LNG bunkering business in the United Arab Emirates by chartering a dedicated floating storage unit. The company, which recently completed UAE’s first LNG bunkering via NYK’s chartered-in 5,000 cu m Green Zeebrugge is now bringing in an LNG carrier Shandong Juniper from ADNOC Logistics & Services. The […]
Port of Melbourne handles over 290,000 TEUs in November
In November 2024, total container throughput at the port of Melbourne reached 293,000 TEUs, marking a significant increase of 50,200 TEUs or 20.7% compared to the same month last year. From January to November 2024, container trade grew by 97,400 TEUs at the Australian port, reflecting a 7.3% growth compared to the same period in […]
What Lies Behind COSCO’s Inclusion on the US Department of Defense List?
COSCO is included among several Chinese companies involved in the shipping sector that have been added to a list by the United States Department of Defense, identified for their connections to the People’s Liberation Army. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t […]
Major operators upped fleet size in 2024
Fleet growth among mainline operators was relatively even in 2024, as all the top 12 carriers increased their capacity by more than 6.9% last year, according to Alphaliner’s report. Singapore’s Pacific International Lines (PIL), the 12th largest liner operator, increased its fleet by nearly 30% year-on-year, to 383,016 TEUs as of 1 January, after taking […]
Taiwan’s Dong Fang Offshore enters European market with DeepOcean charter deal
Taiwanese owner and operator Dong Fang Offshore (DFO) has sealed a deal to charter out one of its construction support vessels to Norwegian ocean services provider DeepOcean. The subsidiary of Hung Hua Construction, with a fleet of 16 vessels including those under construction, has fixed the 2014-built Orient Adventurer from early 2026 until the end […]
China’s secret deal with Houthis? Implications for Red Sea Maritime Trade and Regional Geopolitics
According to reports from US intelligence, a clandestine partnership has been unearthed between China and the Houthis, exposing a broad network supplying sophisticated weaponry to the Yemeni rebel group. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you […]
GEODIS appoints new Executive Vice-President of European Road Network Line of Business
GEODIS, a global logistics provider, has announced the appointment of Marc Vollet as Executive Vice-President of its European Road Network Line of Business. In his new role, Marc Vollet will join the Group’s Management Board, chaired by Marie-Christine Lombard, Chief Executive Officer of GEODIS. With 30 years of experience managing operations and leading international teams […]
What’s Behind Trump’s Declarations on the Arctic?
The recent developments in China’s Arctic activities, as outlined in the US Department of Defense (DoD) report and highlighted by various experts, suggest a significant shift in the geopolitical landscape of the Arctic region. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have […]