Day June 3, 2024

Maersk upgrades earnings guidance amid bullish market fundamentals

The container shipping market has been roiled by the ongoing ship diversions around southern Africa that are now causing congestion to build at key load ports in Asia as carriers curtail or blank services amid port omissions. Source

Port of Halifax monitoring impasse between Canadian railways and union members

The Port of Halifax is bracing for operational impacts should the two major freight railways and their union employees fail to reach… Source

China-Latam air cargo capacity under pressure

Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. Source

India keen to operate Bangladesh’s major port

Neighbouring India now wants to operate Bangladesh’s second seaport Mongla, where both New Delhi and Beijing are also keen to invest… Source

Silk Way West appoints Pietersma as COO

Silk Way West Airlines has appointed Onno Pietersma as its new chief operating officer as the airline expands operations. The Baku-hubbed carrier said Source

Hapag-Lloyd updates Adriatic Sea Express service

German ocean carrier Hapag-Lloyd has announced changes in its Adriatic Sea Express (ADX). Source

LATAM transports modular housing following Brazil floods

LATAM Cargo has been flying aid to Brazil to help people affected by floods in Rio Grande do Sul. The carrier's Boeing 767 freighters have helped carry Source

Singapore reopens disused container terminals to alleviate bottlenecks

MPA Singapore said that operations at shuttered container terminals in the city-state’s downtown have been temporarily resumed… Source

Ex-Polar Air Cargo chief operating officer jailed for fraud

Former Polar Air Cargo chief operating officer Lars Winkelbauer has been sentenced to four years in prison for his alleged part in a scheme to defraud the Source

More digital standards implemented in Q1 2024 than 2023

More digital standards were implemented in Q1 2024 than in the entire year of 2023 as per Thomas Bagge, DCSA CEO Source

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