TEU tokens and blockchain may shape the future of container shipping contracts

Blockchain initiative 300cubits has created a new type of cryptocurrency to solve liner shipping’s US$23bn “booking shortfall” conundrum.
Named TEU, the de-facto industry currency is distributed as tokens on the Ethereum network and will be tradeable on various global cryptocurrency exchanges.
300cubits claims the tokens will help to eliminate shipping’s “trust issue” by reducing the counterparty default risk, caused by shipper ‘no-shows’, and by carriers ‘rolling’ cargo.
According to New Jersey Institute of ...

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Maersk results signal a liner recovery as the tide turns for carriers

The interim results from Maersk Line this week are a bellwether, indicating a welcome recovery for container lines, but challenging times for shippers.
Maersk Line’s average freight rate for the 5.4m teu carried on its vessels in the second quarter of the year was up 22% on the same period of 2016, but for east-west trades, there was a spike of 36%.
The carrier’s Q2 results confirmed analysts’ expectations that the tide has turned in favour ...

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Elbe solutions now urgent as the cost mounts up for port of Hamburg

The port of Hamburg may have prevented further declines in the first half of 2017, but the delays surrounding the expansion of the Elbe Fairway continue to cost the German gateway.
Container volumes for the period were flat on last year’s at 4.45m teu, and while some saw this as a welcome respite after two years of decline, the port continued to lose ground.
Both Rotterdam and Antwerp – the latter has superseded Hamburg as ...

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Egypt cuts Suez Canal transit fees by half

Egypt’s government is offering potentially vast reductions on transit rates for container vessels in north and south Suez ports. Middle East Monitor is reporting that vessels transiting more than 3,332 containers will see a 50% reduction in rates. Vessels carrying 200 or more containers will also experience a 3% cut, while those transiting 500 or more will benefit from an 8% rate-drop. The move is aimed at addressing falling revenues ...

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Container trade growing at port of Valencia

Foreign trade of full containers grows 4.45% during the first half of the year.

Container exports increased 5.48% and imports increased by 3.05%.
Total container traffic is affected by the stevedoring strike and falls back by 1.62%.
Cruise traffic increased by 7.03% with 148,964 passengers.
The United States is consolidated as the third country with the highest volume of goods channeled through Valenciaport with an increase of 8.99%.

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ORBCOMM launches next-generation cold chain monitoring solution

ORBCOMM, a leading global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has launched the next generation of its cold chain monitoring solution, ORBCOMM’s PT 6000, which is available as a 3G or LTE cellular or dual-mode satellite-cellular version, enables fuel and temperature management, maintenance, logistics and regulatory compliance for refrigerated transport assets.
As part of ORBCOMM’s comprehensive telematics solution that includes sensors, ...

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Flying horses at Budapest Airport

Fourteen racehorses bred in Hungary were flown to China last week, on board a Cargolux Boeing 747. The Friesian and Shagya Arabian horses, trained specifically for combined driving, took off from Budapest Airport in special freight containers, accompanied by a team of carers and vets, on their way to a new owner, via Luxembourg.
More than a dozen Hungarian racehorses were waiting to board in a ground handler’s warehouse at Budapest ...

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Nine out of ten US-bound containers are uninsured

As marine cargo insurers fret about massive claims they could face from an ULCV casualty, rather than spreading the risk across smaller ships, their exposure may not be quite as much as they fear.
According to this LinkedIn blog by Steve Fodor, director at the US-based Association For Trade Compliance, 90% of US-bound cargo moves without any insurance coverage.
Mr Foder’s knowledge stems from 33 years working in international trade, and he ...

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Latam Airlines Group reports consolidated operating income of $48.2m for Q2 2017

Santiago, Chile, August 17, 2017 – LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM), the leading airline group in Latin America, announced today its consolidated financial results for the second quarter ending June 30, 2017. “LATAM” or “the Company” makes reference to the consolidated entity, which includes passenger and cargo airlines in Latin America. All figures were prepared in accordance with International Financial Reporting Standards (IFRS) and are expressed in ...

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APM Terminals and Damco slip into the red after first six months of the year

The APM Terminals and Damco units in the Transport & Logistics division of Maersk Group slid into the red and lost ground to the competition in the first half of the financial year.
In Q2, APMT reported a loss of $100m, compared with a $112m profit in 2016, hit by an impairment cost of $250m, loss of liner services at its terminals and “rate pressure due to liner consolidation”.
Turnover for the terminal operator fell to $989m ...

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To thank all airport staff for their commitment and hard work this summer, Brussels Airport is treating everyone to delicious ice cream on 21 August.

Brussels Airport will be treating all airport staff to a free ice cream on Monday 21 August!

Air Cargo Belgium
18 AUG 2017
General
BE
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Air Canada Cargo bietet nun pro Woche 4 Flüge in Großraumflugzeugen ab Berlin.

Air Canada Cargo – Flüge ab Berlin

Air Canada Cargo
17 AUG 2017
General
DE
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You can count on Wings onboard...
Fast, faster....Wings!

Time critical consignment in the aerospace industry?

Wings On Board Courier Network
18 AUG 2017
General
US
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Magma aviation is offering freighter capacity BRU/OUA dd. 24-08-2017

Freighter capacity BRU/OUA

International Airline Partners
18 AUG 2017
General
nl
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The strong and fruitful Partnership - Aeroflot and Moscow Cargo

The strong and fruitful Partnership - Aeroflot and Moscow Cargo

Aeroflot -Russian Airlines
18 AUG 2017
General
DE,AT,BE,CH,IT,NL,ES,FR,PT
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Inter Aviation Services (I.AS.) een onafhankelijke GSSA met kantoren in Brussel, Dubai en Schiphol is voor de locatie Brussel op zoek naar kandidaten voor de positie: Customer Service Medewerker m/v (fulltime)

Customer Service Medewerker m/v (fulltime)

Inter Aviation Services BV
16 AUG 2017
Job vacancies
BE
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Avianca Cargo bietet Ihnen donnerstags und samstags Frachterkapazitäten mit B777F von HHN nach BOG an.

Avianca Cargo - Freighter Service HHN/BOG

ATC Aviation Services AG
15 AUG 2017
Newsletters
World
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You can count on Wings onboard...
Fast, faster....Wings!

Time critical consignment in the aerospace industry?

Wings On Board Courier Network
15 AUG 2017
General
AT
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Air Canada Cargo's growing network includes service to and from close to 100 cities in the US.

Air Canada Cargo - 96 Locations in the US

Air Canada Cargo
14 AUG 2017
General
World
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Because you have consistently trusted us with your business, we have outgrown our facility at 344 Brewster Road. 
Effective in September, United Cargo will extend our operations to a second location at Building 340.

United Expanding Cargo Operations in EWR

United Cargo
14 AUG 2017
General
US
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As from the winter season the Indian metropolis will be directly connected to Brussels Airport 6 instead of 5 times per week.

Brussels Airlines increases flight frequency to Mumbai

Brussels Airlines Cargo
14 AUG 2017
General
Europe,IN
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The fastest connection from Austria to South America
Fast, faster....Wings!

Wings: Your emergency response solution

Wings On Board Courier Network
11 AUG 2017
General
AT
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Route: MAN - LAX
Available Space to LAX on Thomas Cook - Call 0203 432 7810 - sales@aiacargo.com

Space available to LAX on MT

Airbridge International Agencies
10 AUG 2017
Available space
GB
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Route: ARN,OSL,CPH,HEL - TLV
Aeroflot is pleased to offer space for TLV from Scandinavian and Finnish airports

Reliable service to TLV on Aeroflot

Aeroflot -Russian Airlines
10 AUG 2017
Available space
DK,FI,SE,NO
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EXPRESS AIR CARGO NEW GSSA GERMANY & BENELUX 

NEW GSSA GERMANY & BENELUX

Express Air Cargo
09 AUG 2017
General
DE,BE,NL,LU,TN
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EXPRESS AIR CARGO NEW GSSA IN FRANCE 

AEROCARGO NEW GSSA

Express Air Cargo
09 AUG 2017
General
FR,TN
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Do you know Wings offers Premium OBC Services?
Fast, faster....Wings!

Wings: Premium OBC Services

Wings On Board Courier Network
09 AUG 2017
General
AT
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We are pleased to announce
New belly capacity on Aeroflot passenger’s flights
From China to LIS (Lisbon Portugal) via SVO
On Monday, Wednesday and Saturday

From China to LIS (Lisbon Portugal) with Aeroflot

Aeroflot -Russian Airlines
07 AUG 2017
Available space
CAN,PVG,PEK,HKG
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MNG - Baghdad Freighter Capacity Available!!

For more information, please contact Globe Air Cargo

Tel: LHR 0208 757 4747 / MAN 0161 4363598

Email: ukreservations@ecsgroup.aero / uksales@ecsgroup.aero

MNG - Baghdad Freighter Capacity Available!!

ECS Group
02 AUG 2017
General
gb
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Ukraine Airlines - Additional freighter capacity LGG-KBP 11th and 15th August 2017. Please contact our team to discuss rates and services in further detail LHR 0208- 7574733

Ukraine Airlines - Additional Freighter Capacity

ECS Group
02 AUG 2017
General
gb
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