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Delta chief says canceled 100 flights so far due to hurricane

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October 11, 2018 Delta Air Lines Inc has canceled about 100 flights so far due to Hurricane Michael, the U.S. airline’s Chief Executive Officer Ed Bastian said in an interview with CNBC on Thursday. Hurricane Michael, the third-most powerful ever to strike the U.S. mainland, battered the Florida’s Gulf coast with roof-shredding winds, raging surf […]

Competition watchdog to study British Airways alliance

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October 11, 2018 Britain’s competition watchdog will investigate a partnership between British Airways and other airlines on transatlantic routes ahead of the 2020 expiry of a previous deal, the regulator said on Thursday. British Airways, American Airlines, Iberia and Finnair form the Atlantic Joint Business Agreement, a revenue-sharing joint venture that covers routes between Europe […]

Amazon Air comes to Miami with two flights a day

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October 11, 2018 Miami International Airport has welcomed Amazon Air cargo operations, with double daily Boeing 767-300 services operated by Atlas Air. Amazon already operates four warehouses in Miami-Dade County, all within 12 miles of the airport with an 885,000 square foot fulfillment centre at Miami-Opa Locka International Airport being completed this year. Amazon Air’s […]

Pacific Basin Boasts Vessel Earnings Hike

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October 11, 2018 Hong Kong-listed dry bulk shipping company Pacific Basin Shipping Limited saw a significant hike in vessel earnings in the third quarter of the year. Handysize and Supramax daily time-charter equivalent (TCE) earnings were USD 10,080 and USD 12,180 per day net respectively in the third quarter, representing an improvement of 24% and […]

Maersk Tied to Sale of Boxship Duo

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October 11, 2018 Danish shipping giant Maersk has been linked to a sale of two containerships to Japan’s Nissen Kaiun. According to a report from Intermodal Research and Valuations, the vessels in question are the 2012-built Maersk Edirne and Maersk Eureka. The units were allegedly sold at a price of USD 46 million a piece […]

Maersk Invests in Digital Freight-Booking Startup

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October 10, 2018 Danish shipping major Maersk has unveiled an investment in a US-based digital freight broker, Loadsmart, as the company expands its footprint. Namely, the company’s launchpad for new ventures, Maersk Growth, is leading a USD 21.6 million Series A funding for Loadsmart, together with Connor Capital SB and Chromo Invest. “We see huge potential with Loadsmart. […]

Scorpio Tankers Raising Fresh Funds via Share Offering

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October 10, 2018 Monaco-based tanker owner Scorpio Tankers has priced its previously announced underwritten public offering of over 162.1 million common shares. As part of this offering, priced at USD 1.85 per share, Scorpio Bulkers and Scorpio Services Holding Limited, each a related party and members of the Scorpio group of companies, have agreed to purchase common […]

Air NZ, Singapore Air Alliance Extended

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October 8, 2018 Air New Zealand and Singapore Airlines have received regulatory approval from NZ authorities to extend their alliance for five years until March 2024. The alliance between the two flag carriers launched in 2015, with increased frequencies and new routes introduced over the period. Seat capacity has increased by more than 25 percent […]

EU Shipowners Call for Decisive Actions against Unfair Trade Practices

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October 8, 2018 European shipowners and maritime technology industry have called for decisive actions against unfair trade practices and in favour of global playing field. Namely, trade associations representing European shipbuilding and maritime equipment and European shipowners, SEA Europe and ECSA, have called upon the European Commission and the EU Member States to take concrete and […]

About 100 people fall ill on Emirates flight to New York

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September 5, 2018 As many as 100 passengers and crew reported feeling ill on Wednesday during an Emirates flight from Dubai to New York, and health workers were evaluating them as the airplane sat on the tarmac of JFK International Airport, authorities said. About 100 people complained of feeling sick on Emirates Flight 203, which […]