Hong Kong drops out of world's top 10 busiest container ports
Hong Kong fell out of the world’s top 10 container ports last year, for the ...
WorldACD has a rather positive take on the low-grade start to the year, in air cargo terms. Noting that unit revenues dropped year-on-year by a shocking 11% in January, and 8.5% month-on-month, it explains why – and the reasons broadly make up for the decline. First, it notes, fuel surcharges have fallen – whatever shippers are saying. Then it points out that the US$ decline in yields is partly attributable to deteriorating exchanges rates – while, of course, January is traditionally slow. “A bad start?” it asks. “We think not.” Encouraging.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article