K Line Takes Delivery of New Corona Coal Carrier from Imabari

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 11, 2019 Japanese shipping major K Line has taken delivery of a 88,000 dwt coal carrier from compatriot shipbuilder Imabari Shipbuilding in Marugame. Named Corona Citrus, the vessel was delivered on September 11 for electric utility Electric Power Development Co. Ltd. It will be principally involved in carrying thermal coal to thermal power plants for […]

Saudia Cargo awards multi-station contract to WFS

Posted By Tony Sanchez / Airlines / 0 Comments

September 10, 2019 Saudia Cargo has awarded Worldwide Flight Services (WFS) a multi-station contract covering a number of major airports in Europe and the USA. The contract will see WFS handling over 160,000 tonnes of cargo per year and provide ramp handling for over 5,000 passenger and freighter flights. The three-year agreement extends WFS’s existing […]

Short Sea, US Lines Drive CMA CGM’s Volumes Up

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

September 10, 2019 French shipping major CMA CGM has reported a strong growth in its volumes in the second quarter of 2019, despite an uncertain worldwide geopolitical environment. The company said that its shipping business remained strong in the second quarter, with significant improvement in volumes carried and in profitability, enabling the shipping activity to […]

Drewry: Capesize Market Spot Rates at Record Highs

Posted By Tony Sanchez / Cargo News / 0 Comments

September 10, 2019 Surging iron ore exports from Brazil and contracting vessel supply in the region will keep Capesize/VLOC vessels in high demand in the Atlantic, supporting the continued surge in freight rates, shipping consultancy Drewry explained. Despite growing concerns of a slowdown in the global economy, spot rates reaching record highs in the Capesize […]

Panama Canal, Rotterdam Port to Promote International Trade

Posted By Tony Sanchez / Cargo News / 0 Comments

September 10, 2019 The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America. Through this deal, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, […]

US Rescues Four Trapped Crew from Stricken Car Carrier

Posted By Tony Sanchez / Sea Accident / 0 Comments

September 10, 2019 The four seafarers that were unaccounted for after the car carrier Golden Ray capsized near Brunswick, Georgia, have been pulled to safety. The U.S. Coast Guard and salvage crews extracted the four crew members on Monday in St. Simons Sound and transported them to Glenn County EMS for further medical evaluation. After […]

British Airways pilots strike today for first time in 40 years

Posted By Tony Sanchez / Airlines / 0 Comments

September 9, 2019 British Airways pilots have staged their first walkout today in 40 years grounding more than 1,500 flights including nearly all of its UK services. Around 4,000 are stopping flying today and tomorrow in industrial action, over pay. The pilots are also set to strike all day on 27 September. Most of the […]

Saudia Cargo adds capacity in Europe and Africa

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September 9, 2019 Saudia Cargo has upgraded African and European services with extra freighter flights and belly-capacity starting from this month. A second additional weekly freighter flight will operate on Tuesdays and Thursdays to New York’s John F. Kennedy airport via Liege Airport using a Boeing 747-400 Freighter. The airline has added four weekly freighter […]

Avianca Cargo to connect Bogota with Dallas

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September 9, 2019 Avianca Cargo will start flights between Bogota and Dallas Fort Worth with two flights a week from 2 October. The Airbus A330-200 Freighter service will transport various types of cargo with its independent temperature-controlled decks. The airline says it selected Dallas Fort Worth due to economic growth and its central location within […]

Stena Impero Could Soon Be Released, Iran Said

Posted By Tony Sanchez / Cargo News / 0 Comments

September 9, 2019 The British-flagged oil tanker Stena Impero could be released after finalization of legal proceeding against the vessel, Reuters cited the Iranian state television. The country’s Foreign Ministry spokesman Abbas Mousavi reportedly said that he hopes “the procedures will be completed soon and this tanker will be released.” The ship was detained near the […]