News

The U.S. Department of Transportation (DOT) today released data on the submissions (complaints, inquiries, and opinions) it has received from consumers about air travel for June-December 2023 and the full calendar year 2023. The submissions about air travel in calendar year 2023 are the highest number on record except for calendar year 2020.

DLR is researching AI-based systems for automatically recognising and understanding spoken language in air traffic control.

Captain Pappu Sastry, CEO of Adhira Shipping and Logistics, on why shipping should be optimistic about greater business opportunities out of Africa.

Europorte, France’s leading privately-owned rail freight operator and Kerlink, a global provider of solutions dedicated to the Internet of Things (IoT), have announced the development of Track Value, “a revolutionary traceability and monitoring solution for all freight activities (road, rail, air and sea).”

The International Energy Agency (IEA) has called peak oil as happening in 2029, something that has got tanker analysts discussing what this means for owners mulling rejuvenating their fleets.

The Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) have pledged to work together to meet the challenges of a fast-changing and evolving aviation industry and the increasing speed of development of future technologies. Leaders from the FAA and EASA discussed the renewed commitment at the 2024 International Aviation Safety Conference.

A new report from The Sea Cargo Charter (SCC) revealed the sector fell short of the minimum international climate goals set by the IMO by an average of 17% in 2023, equivalent to 165m metric tonnes of CO2e. Taking into account the ‘striving’ goals set by the IMO, SCC signatories were on average 22% misaligned, a shortfall of 204m metric tonnes of CO2e.

International North–South Transport Corridor (INSTC) Corridor is set to revolutionize trade between India, Russia, and other key regions through a multi-modal network spanning 7,200 kilometers (4,500 miles). This expansive corridor, involving ship, rail, and road routes, is designed to streamline freight movement across India, Iran, Azerbaijan, Russia, Central Asia, and Europe, enhancing connectivity and reducing transportation costs significantly.

The U.S. Army Corps of Engineers and the U.S. Navy Supervisor of Salvage and Diving have completed the challenging task of clearing the wreckage and restoring the channel to its original operational dimensions of 700 feet wide and 50 feet deep.

A leading container consultancy has warned shippers of the very real prospect of spot rates surpassing $20,000 per feu on the Asia-Europe tradelane.

Container xChange Recently unveiled its June container market forecaster, revealing trends and insights that are shaping the global container shipping market. The forecaster highlights the dramatic rise in container prices in China recently, which surged by 45% in May. Meanwhile, container prices have remained relatively stable in the US and Europe.

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