Newsletter – May 18, 2018

AIR FREIGHT

Singapore Airlines To Merge With Regional Carrier SilkAir
Source: Airwise
Singapore Airlines will merge with its SilkAir unit in 2020 after a major cabin makeover gets underway at the regional carrier. Read more here

Cathay Pacific enjoys April uptick in cargo
Source: Air Cargo News
Hong Kong-based Cathay Pacific Group saw a year-on-year 6.7% increase in April’s cargo and mail volumes, totalling 174,489 tonnes. Read more here

Lufthansa Cargo introduces twice weekly B777Fs to Chengdu
Source: Air Cargo News
Lufthansa Cargo has confirmed its latest capacity increase into the Chinese cargo market by adding twice weekly B777 freighter services to the city. Read more here

OCEAN FREIGHT UPDATES

‘Nowhere near close:’ U.S. rebuffs Trudeau hope for quick NAFTA deal
Source: Canadian Shipper
Washington, DC — The United States declared the NAFTA countries were nowhere close to a deal in a statement Thursday designed to douse expectations that an agreement might be just a few minor adjustments away. It rebuffed an effort from Prime Minister. Read more here

Explosions, fire on Chinese freighter, 1 killed
Source: FleetMon
Cargo ship CHUANG SHENG HAI suffered an explosion on board in the afternoon May 16 in vicinity 22 06N 114 00E, west of Dangazhen, Wanshan Archipelago, south of Hong Kong. 1 of 12 crew was killed by explosion, the rest. Read more here

Canada Industrial Relations Board sets CP strike vote for May 25
Source: Shipping Gazette
THE Canada Industrial Relations Board (CIRB) has set May 18-25 as strike vote dates for the Canadian Pacific Railway’s Teamsters and the International Brotherhood of Electrical Workers (IBEW) on the company’s last contract offer. Read more here

Hong Kong’s April volume falls 9.3pc to 1.6 million TEU
Source: Shipping Gazette
HONG KONG port saw the decline in throughput accelerate in April, with overall volume down 9.3 per cent year on year to 1.6 million TEU, pulled down by a sharp drop in volumes among the mid-stream operators after non-Kwai Tsing throughput dived 16.7 per cent to 350,000 TEU. Read more here