According to a recent Sea Intelligence report one of the consequences of cancelling a headhaul sailing is that the backhaul freight is also lost. “This unanticipated disruption in trade, which was not initially the focus of the blanking decision, introduces a new layer of complexity and uncertainty for shippers, compounding the challenges they face in … Read more
Source: Air Charter Service Charter broker Air Charter Service (ACS) has helped transport more than 500 tons of aid to Libya following the devastating Storm Daniel that hit the country earlier this month. ACS last weekend carried out flights to Benghazi, Al Abraq and Tobruk airports utilising a range of aircraft including Boeing 747s, Airbus … Read more
It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-making territory. Rates “continue to lose ground, bending under the pressure of insufficient demand and growing overcapacity,” said Alphaliner this week. According to Linerlytica, “Container market sentiment continues to deteriorate, … Read more