ZIM announces record 2021 numbers, bullish on 2022
9 March 2022 8:01 PM ISTAverage freight rate per TEU more than doubled to $2,786 for 2021 as against $1,229 for 2020.
Cathay Pacific 2021 cargo revenue up 32% on better yields
9 March 2022 5:45 PM ISTWe are committed to keeping people and cargo safely moving: Cathay chairman Patrick Healy
Capacity increases on Asia-West Coast; reliability drops to 30.9%
9 March 2022 2:01 PM ISTSupply challenges likely to be felt throughout 2022, says Niels Rasmussen, Chief Shipping Analyst, BIMCO.
Menzies 2021 revenue up 27% to $1.35bn on solid air cargo biz
8 March 2022 5:49 PM ISTAnnual cargo volume increased 42 percent to 1.7 million tonnes in 2021 from 1.2 million tonnes
Russians/Ukrainians are 15% of seafarers; safety concerns all
7 March 2022 6:42 PM ISTNearly 1.9 million seafarers are currently operating over 74,000 vessels in the global merchant fleet
Cargo handled across airports up 35%, Delhi continues to lead
7 March 2022 6:02 PM ISTInternational cargo handled was up 36% to 1.6 million tonnes, and domestic cargo handled was up 32% to 977,760 tonnes.
Bunker rate up 20% in 1 month, freight rates showing mixed trend
4 March 2022 4:19 PM ISTIn Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.
#RussiaUkraine conflict rages on, Biden takes on container shipping
1 March 2022 3:48 PM ISTIt is unfortunate that the President is demonising ocean carriers: World Shipping Council
Suez Canal Authority hikes toll, charge may hit shippers
1 March 2022 11:44 AM ISTSuez Canal reported 1,776 transits in January, an increase of 183 compared toJanuary 2021.
#UkraineWar to have limited impact on shipping
26 Feb 2022 1:41 PM ISTUkraine said Russian warships shelled a Moldovan-flagged tanker and a Panamanian-flagged cargo ship near Odessa port
West may not act soon on Russian oil & gas: VesselsValue
24 Feb 2022 9:25 PM ISTThere could be scope to sanction ships and companies that carry them due to lesser impact on global trade
Carriers have $130bn cash, shippers expecting more: Drewry
24 Feb 2022 7:09 PM ISTAnalysis reinforces view that elevated profits are due to higher freight rates, not higher volumes or more services
