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Market Focus
  • Antonov Airlines transports oxygen concentrators to India May 18,2021

    Antonov Airlines has flown a 70-tonne emergency consignment of oxygen concentrators from Tel Aviv, in Israel to Delhi, in India, on behalf of its Indian general sales agent, Flywell Aviation Pvt. Ltd. and supply chain services provider, Delhivery.The journey from Tel Aviv included a technical stop in Dubai fo... [learn more]

  • Ex-Asia ocean freight challenges intensify May 17,2021

    Shippers seeking ocean freight capacity from China and other parts of east Asia are seeing the already challenging conditions further intensify this week, with backlogs of bookings, rising rates, and capacity and equipment even more scarce than in previous weeks.Freight fowarders in Europe have reported that ... [learn more]

  • Cathay Cargo ops get boost from crew quarantine review May 17,2021

    Cathay Pacific Cargo's operations have been given a boost following a review of crew quarantine measures by the Hong Kong government and changes in requirements for fully-vaccinated crews and for those visiting a handful of low-risk countries.“This has allowed us to gradually restore our capacit... [learn more]

  • Ocean freight rates rise further this week May 17,2021

    Ocean freight spot rates rose further again this week from their already record-high levels, driven in particular by increases on Asia-Europe trades.According to Drewry’s World Container Index, spot prices to ship a 40ft container from Shanghai to Rotterdam surged another 7% or $605 this week to $8,... [learn more]

  • DB Schenker names head of Ocean Freight, APAC May 17,2021

    DB Schenker has announced the appointment of Aditi Rasquinha to the post of head of Ocean Freight for the Asia Pacific (APAC) region.She will join the German logistics group from Küehne + Nagel, where she has held several senior management positions since 2014, most recently as director, Sea... [learn more]

  • Ocean freight 'perfect storm’ worsens May 14,2021

    The ocean freight market’s ‘perfect storm’ has worsened in the continuing aftermath of the Suez Canal blockage, driving up rates on the Asia-Europe trade lane to unsustainable levels and threatening the very survival of many shippers and importers while also impacting end-consume... [learn more]

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