Newsletter – February 22, 2019
AIR FREIGHT UPDATES
US Carriers Apply For New Tokyo Haneda Slots
American, Delta and United airlines are bidding for slots at Tokyo’s Haneda Airport after the US and Japan agreed new slot availability. Read more here.
OCEAN FREIGHT UPDATES
Two-month wait for cargo aboard fire-hit Yantian Express
Shippers with damaged cargo on board the fire-stricken Yantian Express may have to wait up to two months before they receive their goods. Read more here.
Port of Long Beach looks to deepen, widen channels
The Port of Long Beach and U.S. Army Corps of Engineers are proposing deepening and widening the port’s shipping channels and selected berths at the port. Read more here.
CMA CGM’s latest newbuilds split between LNG and scrubbers
Brokers have confirmed a sizeable boxship order from France’s CMA CGM, first reported on Splash a month ago.
Norwegian broker Fearnleys’ latest weekly report details how the ten-ship order has been broken down. Read more here.
Port of Hong Kong sinking in the ranks
he Port of Hong Kong, which was once the world’s busiest container port, has continued to sink in the ranks over the last several years, sounding alarm bells for terminal operators. Read more here.
Container manufacturers and lessors facing a tough year as prices tumble
The container manufacturing industry is on course to post a staggering loss this year.
According to the latest research from Drewry Maritime Advisors, the cost of production is soaring above new box prices. Read more here.