News

Paying claims for ships involved in accidents or collisions with other vessels covered by sanctions-hit Russian insurer Ingosstrakh will prove difficult, UK ship insurer West said, in another sign of complications with Moscow’s oil trade.

Airbus is investing in LanzaJet, a leading sustainable fuels technology company and producer, in line with its ambition to act as a catalyst for the global development of sustainable aviation fuels (SAF).

Over the next 20 years, Boeing projects a continued significant demand for aviation personnel as the global commercial airplane fleet continues to expand. The company’s 2024 Pilot and Technician Outlook (PTO) shows the industry will require nearly 2.4 million new professionals to support the growing commercial fleet and meet the long-term increase in air travel.

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com’s Prime Day event from siphoning U.S. sales of backpacks and laptops, helping advance the peak ocean shipping season by two months and boost already-high freight rates.

After a long time of political tug-of-war, China, Kyrgyzstan and Uzbekistan seem to have agreed on an outline for the China – Kyrgyzstan – Uzbekistan (CKU) line. It looks like the three countries will really build the line, which Kyrgyzstan has lauded as a major step in its logistical development. However, the future of the expensive CKU line may not be as rosy as it could seem.

Airports Council International (ACI) World has today published the latest ACI World Airport Traffic Dataset,confirming the top 20 busiest airports in the world in 2023.

UK Royal Mail has reacted to the RailFreight.com revelations that it is scrapping its fleet of dedicated mail trains. The UK postal service, which has used the railways as a prime mover for almost two centuries, says it will still transport mail by rail, maintaining the concept of the mail train. However, that is despite informing its rail freight partner, DB Cargo UK, that it was abandoning its operations and maintenance contract in a few months.

On Tuesday, July 9, 2024, the CMA CGM container ship ‘Benjamin Franklin’ (17,859 TEU) lost 44 containers at sea during its journey from Asia to Europe. An additional 30 containers on board were damaged.

A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more information from the U.S. Federal Maritime Commission (FMC).

New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming FuelEU Maritime regulation, the sector likely to account for nearly a third of all payouts.

For this month’s Atlas member interview, we talked to Joachim Hirt from Creo Logistics (formerly JCL Transport & Logistics Singapore) in Singapore. We discussed the company rebranding, the challenges of logistics professionals and his passion for the industry. Happy reading!

We are thrilled to announce a new partnership that will bring added value and enhanced financial protection to our community of freight forwarding experts. Our latest collaboration with TCM Belgium is set to provide you with invaluable services that complement the credit risk insurance already included in your membership.