While the COVID-19 pandemic forced the suspension of scheduled flight operations, it provided an elixir to cargo freighting, which became a lifeline to many airlines. In Africa, airlines like Kenya Airways and Ethiopian Airlines leveraged on cargo freighting to keep some of their aircraft in the air and earned revenues that
Import & Export
‘Containergeddon’: Supply crisis drives Walmart and rivals to hire their own ships
FILE PHOTO: The congested Port of Los Angeles is shown in San Pedro, California, U.S., September 29, 2021. REUTERS/Mike Blake REUTERS Big U.S. retailers charter vessels amid supply crunchDozens of container ships stuck at U.S. West Coast portsCompanies reliant on Asia supplies face tough holiday seasonShipping operators can cash in on
Nigerian Senate moves to stop processing delay and illegal charges on cargo transport
The Senate, Nigeria's upper legislature, has commenced moves to stop processing delay and illegal charges on cargo transport by freight agents in Nigeria. The decision to end multiple charges on cargo processing and transport was reached by the upper chamber in a resolution following consideration of a motion during plenary on
DHL adds flight from LA to UK hub
Airbridge Cargo is operating a weekly flight from Hong Kong to East Midlands Airport for DHL. (Photo: East Midlands Airport) DHL Express this weekend will launch a weekly freighter flight from Los Angeles International Airport to its U.K. hub at East Midlands Airport, in response to rising demand for e-commerce shipments
Huge Cargo Ship Loses Dozens of Containers in Rough Sea Conditions off East Coast of Australia
The APL England, a ship with the capacity to carry over 5,000 shipping containers, lost 40 containers in rough seas off the east coast of Australia on Monday, May 25, according to the Australian Maritime Safety Authority. “An additional 74 containers are damaged and collapsed on the deck of the ship, while a
WACT Lifts Onne Port in Port Harcourt with $10m Facility Upgrade
Onne Port, Port Harcourt, Nigeria The West Africa Container Terminal (WACT) has launched two new Mobile Harbour Cranes (MHCs) worth $10 million (N3.6billion) for the discharge of cargoes at the terminal. This followed the increased vessel traffic experienced at eastern ports due to the recent diversion of cargoes because of the traffic
Dockworkers’ industrial action cripples activities at Lagos ports as negotiation continues
Commercial activities at the Lagos Port Complex remain crippled by the ongoing industrial action embarked on by members of the Maritime Workers Union of Nigeria (MWUN) over non-payment of wages and bonus by the management of international oil companies. The strike was embarked on at the instance of the executive
Africa Posts Fastest Growth in Cargo Freight
Loading platform of air freight to the aircraft African carriers in May 2019 posted the fastest growth with an increase in demand by eight percent, compared with the same period a year earlier, a period other regions recorded weak growth. This was in continuation of the upward trend in FTKs (measured in
UPS will not join FedEx lawsuit against U.S. government
FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau - Copyright CHARLES PLATIAU(Reuters) United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S.
Carriers consider ordering mega containerships
Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders. Evergreen and COSCO, along with COSCO affiliate OOCL and CMA CGM, are all members of the Ocean Alliance; Hapag-Lloyd, Yang Ming and Ocean Network Express are members of THE Alliance. The Danish website ShippingWatch said it had “market sources