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Fitch Ratings: Healthy but slower growth for box shipping in 2019

Fitch Ratings: Healthy but slower growth for box shipping in 2019

Dec. 5 | Container shipping can look forward to healthy but slower volume growth in 2019 even as the overall global shipping sector’s outlook remains negative, reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings says. Higher...

SG releases technical guidance for ships ahead of IMO 2020

SG releases technical guidance for ships ahead of IMO 2020

Dec. 3 | The Maritime and Port Authority of Singapore (MPA) continues to prepare the Port of Singapore and Singapore-registered ships for the International Maritime Organization’s (IMO) 0.5% global limit for sulfur in fuel oil used on board ships, as the new...

Box volume up 4% in Sep but demand slowdown unabated

Box volume up 4% in Sep but demand slowdown unabated

Dec. 3 | In September, some 13.7 million twenty-foot equivalent units (TEUs) were shipped globally, bringing the full-year total up to 125.2 million TEUs, an improvement of 4% for both the month (year-on-year) and year-to-date. But the Baltic and International...

Air cargo volume bounces back, led by Asia-Pacific

Air cargo volume bounces back, led by Asia-Pacific

Dec. 3 | Worldwide air cargo volume recorded a small year-on-year growth in October of 2.0% after declining in September, with Asia-Pacific posting the best outgoing and incoming growth rates, according to the latest figures from WorldACD. Asia-Pacific registered...

Boeing marks delivery of 2,000th airplane to China

Boeing marks delivery of 2,000th airplane to China

Dec. 1 | American aircraft builder Boeing has delivered its 2,000th airplane to a Chinese operator—a 737 MAX—for Xiamen Airlines, the milestone reflecting the accelerating growth in the world’s largest commercial aviation market. After delivering its...

Challenging outlook for shipping as new export orders fall—Bimco

Challenging outlook for shipping as new export orders fall—Bimco

Nov. 30 | The effects of rising trade barriers, capital flowing out of emerging market economies, and the elevated geopolitical risk are already being felt and bringing a challenging outlook for the shipping industry, according to the Baltic and International Maritime...

Asian air carriers enjoy sustained growth in passenger, cargo markets despite trade tensions

Asian air carriers enjoy sustained growth in passenger, cargo markets despite trade tensions

Nov. 29 | Air passenger traffic continued to expand at an encouraging pace, while international air cargo volumes remained firm, notwithstanding tensions around global trade policies, according to the October figures released by the Association of Asia Pacific...

First TIR truck journey from China to Europe achieved in 13 days

First TIR truck journey from China to Europe achieved in 13 days

Nov. 28 | After more than six months’ preparation, the first truck to make a road journey from China to Europe under the Transports Internationaux Routiers (TIR) system successfully accomplished its maiden run recently, seen to usher increased trade between the...

PH ports register 2.06% volume growth in Jan-Oct

PH ports register 2.06% volume growth in Jan-Oct

Nov. 28 | The Port of Batangas is one of the top contributors to the Philippines’ foreign cargo traffic. Photo courtesy of terminal operator Asian Terminals Inc. Cargo volume handled by Philippine ports in the first 10 months of 2018 rose 2.06% year-on-year...

Int’l air cargo volumes reflect impact of trade tensions on exports—ACI

Int’l air cargo volumes reflect impact of trade tensions on exports—ACI

Nov. 26 | International air freight continued to decline in July as trade squabbles appear to be adversely affecting exports, according to data analyzed by Airports Council International (ACI) World. “Global air freight trends seemed to be tracking the evolving...
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