The containership charter market is ending 2019 on a mixed note, according to Alphaliner’s final analysis of the year.
“Larger vessels of 5,500 teu and over continue to benefit from a tight supply environment with continuously firm charter rates,” said …

Atlas Air subsidiary Titan Aviation has entered a joint-venture with Bain Capital Credit to develop a freighter aircraft leasing portfolio with an anticipated value of approximately $1bn.
Bain and Titan will provide $360m and $40m of equity capital, respectively, which …

According to Splash247, Chinese shipping line Cosco is set to stretch the container shipping industry’s delicate demand-supply balance once more, with a reported order for eight 15,000 teu and eight 23,000 teu vessels. As industry executives interviewed by Splash247 suggest, …

The suspension by the US of the planned 15% tariffs on $160bn of Chinese imports and the halving to 7.5% of the existing duty on $112bn of other goods has come too late to rescue transpacific volumes this year and …

FedEx last night issued a “very disappointing” set of second-quarter results, with adjusted net income down nearly 40% to $660m, on revenues down almost 3% to $17.3bn.
The loss of Amazon’s domestic US contract, shorter peak period and the seemingly …

A coalition of global shipping associations and lobby groups have submitted a joint proposal to the International Maritime Organization (IMO) for a 10-year research & development (R&D) project to develop new technologies to reduce the industry’s greenhouse gas emissions.
The …

In a surprise move, Amazon has contracted a low-cost leisure carrier to operate 10 converted 737-800s.
In a move which diversifies Amazon’s operations from its two current US air providers, ATSG and Atlas Air – the latter in particular is …