In late April last year, ten days after I lost my father-in-law – who had several pre-existing conditions but maybe would be around for Easter 2021 if Covid-19 didn’t exist – I wrote a debt-driven, lightly M&A-focused piece titled: “Three, …

Asia-North Europe container spot rates eased back slightly this week, as carriers ‘hoovered up’ stockpiled cargo accumulated before Chinese New Year.
However, rates from Asia to the US increased again.
Today’s reading of the Freightos Baltic Index (FBX) for a …

Ocean freight is set to play a bigger role in south-east Asia’s booming cross-border e-commerce market.
According to regional e-commerce logistics specialist J&T Express, the Covid-crisis has accelerated online spending across the region, with the market on track to reach …

IAG Cargo’s 18.5% rise in revenue to €1.3bn ($1.6bn) was severely overshadowed by the group’s overall €7.4bn full-year loss.
Passenger revenue dived 75%, from €22.4bn to €5.5bn, while it burned through €4.1bn in cash last year.
Its cargo division, as …

One the largest US shipper associations, the Agriculture Transportation Coalition (AgTC) has renewed its criticism of demurrage and detention (D&D) charges and called for the Federal Maritime Commission to control it.
In a letter to US president Joe Biden on …

CMA CGM has said six 15,000 teu LNG-fuelled vessels under construction in China will be deployed on its transpacific Pearl River Express (PRX) between south China and Los Angeles.
The first vessel is expected to enter service in October, with …

DSV Panalpina announced yesterday to have secured a €500m bond issuance through its DSV Panalpina Finance B.V. arm.
It “successfully placed an aggregate principal amount of €500 million senior unsecured notes due 2031 under its updated EMTN -programme.
“The notes …