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Air passenger volume grows but remains below trend, says IATA

Air passenger volume grows but remains below trend, says IATA

Oct. 16 | Global passenger demand showed a slight pickup in August 2019 year-on-year, but growth remains below the long-term trend, according to the latest data released by the International Air Transport Association (IATA). Air passenger traffic volume climbed...

New report highlights economic benefits of aviation

New report highlights economic benefits of aviation

Oct. 14 | A new report on the socioeconomic benefits of aviation underscores the need to mainstream air transport development objectives in states’ national economic development planning to support the industry’s sustainable growth. The second edition Aviation...

CMA CGM announces a new monthly LSS from Dec

CMA CGM announces a new monthly LSS from Dec

Oct. 11 | French ocean carrier CMA CGM announced it will implement a low sulfur surcharge (LSS) to offset the higher cost of using compliant fuels in order to meet the International Maritime Organization’s (IMO) mandatory sulfur cap rule. “The new IMO 2020...

Drewry downgrades outlook for container port throughput as new risks emerge

Drewry downgrades outlook for container port throughput as new risks emerge

Oct. 9 | With operating conditions in the container market deteriorating further in the last three months, Drewry in its latest forecast downgraded its outlook for world container port throughput for the current year and the rest of the five-year horizon. In the...

Online marketplaces can benefit both carriers and shippers—Drewry

Online marketplaces can benefit both carriers and shippers—Drewry

Oct. 9 | Online technology platforms can help reduce the fundamental mismatch between supply and demand and curb volatility in freight rates in global liner shipping, according to a new study by Drewry Maritime Research. On these online marketplaces, shipping...

ICAO, gov’ts agree to consider aviation emissions-reduction goal

ICAO, gov’ts agree to consider aviation emissions-reduction goal

Oct. 7 | Environment topped the agenda at a recent International Civil Aviation Organization (ICAO) assembly, where, for the first time, member states agreed to consider a long-term goal to reduce aviation emissions. This move by governments at the 40th Assembly...

BIMCO suggests limiting ships’ propulsion power to curb emissions

BIMCO suggests limiting ships’ propulsion power to curb emissions

Oct. 7 | The Baltic and International Maritime Council (BIMCO) is proposing the regulation of the propulsion power of ships in order to sustain the greenhouse gas (GHG) savings already achieved through slower steaming. In a statement, BIMCO said it has submitted...

DP DHL investing EUR2B to accelerate digital transformation

DP DHL investing EUR2B to accelerate digital transformation

Oct. 4 | Logistics service giant Deutsche Post DHL Group (DP DHL) has confirmed its group EBIT guidance of more than EUR5 billion for 2020 as it presented its new group strategy that underscores its comprehensive and accelerated digitalization. The group on October...

Boeing announces changes to safety processes as 737 MAX prepared for service return

Boeing announces changes to safety processes as 737 MAX prepared for service return

Oct. 4 | US-based aircraft manufacturer Boeing will take several immediate actions to strengthen its commitment to product and services safety, according to chairman, president and CEO Dennis Muilenburg. Recommendations from the company’s Committee on Airplane...

Impact of trade wars on As-Pac countries shows notable differences, says WorldACD

Impact of trade wars on As-Pac countries shows notable differences, says WorldACD

Oct. 3 | Asia-Pacific continues to post cargo declines but a few countries in the region, notably Vietnam, appear to be performing well amid the trade wars, according to the latest air cargo traffic report of WorldACD. Worldwide air cargo performance in August...