Newsletter – January 26, 2018
AIR FREIGHT UPDATES
Emirates Reintroduces Flights On Some US Routes
Emirates says a recovery in demand in the US market has allowed it to increase frequency from Newark and two Florida cities after a downturn last year forced it to cancel some flights. Read more here.
OCEAN FREIGHT UPDATES
Maersk takeover of Hamburg Süd may disrupt Asia-Latin America trades, warning
Maersk Line’s acquisition of Latin American specialist carrier Hamburg Süd could be a disruptive influence on the Asia to east coast South America trade, albeit indirectly. Read more here (login required).
Yemen Conflict Forces New Security Recommendations
In response to the threats arising from the conflict in Yemen, BIMCO, the International Chamber of Shipping (ICS) and INTERTANKO have published interim guidance on maritime security in the southern Red Sea and Bab al-Mandeb. Shipowners and operators should be aware of the new threat patterns in the area. Read more here.
MOL announces December rating of its key performance indicators
JAPANESE shipping giant MOL Liner has announced its December results of Regional Key Performance Indicators (KPI) in Asia. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Singapore says TPP, born again as CPTPP, is now headed for adoption
THE 11 remaining members of a Pacific trade pact abandoned by the US have agreed on a revised agreement, with the nations to work toward signing the deal by early March, according to the Singapore Government. Read more here.