Hong Kong International Airport’s (HKIA) cargo volumes in November saw a year-on-year increase of 10.1% to 478,000 tonnes as monthly passenger numbers also increased. The increase in cargo throughput was mainly attributed to the 16.1% growth in transshipments, continuing the traditional peak period for air cargo. Airport Authority Hong Kong (AAHK) said that overall cargo to and from North America, Europe and Southeast Asia experienced the most significant increases during November. Meanwhile, the airport handled 120,000 passengers in the month, a 48.1% rise. In the first 11 months of the year, HKIA handled 4.6m tonnes of cargo, an increase of 12.9% compared to the same month last year. On a 12-month rolling basis, HKIA handled 5m tonnes of cargo, an 11.6% year-on-year increase.
Read More »Shypmax and B2C Europe collaborate for European markets
Shypmax, India’s first and only AI-powered Logistics Platform as a Service (LPaaS) for cross border shipping, announces its collaboration with the Netherlands based B2C Europe, a Maersk company specializing in B2C parcel delivery services in Europe. The collaboration will enable Indian businesses to deliver their products to Europe, including the UK, based customers cost-effectively using a single-window platform. Shypmax, enables Indian companies, especially SMEs, Direct-to-customer, B2C, and E-commerce firms, from over 27,000 pin codes, to deliver any product across European markets and beyond. Shypmax automates processes related to compliance with current regulations in the European Union. As India’s first Import One-Stop-Shop (IOSS) ready facility enabling centralised declaration and payment of VAT by European customers at the point of sale, Shypmax is saving Indian companies and the European customers from the hassles of navigating through different tax systems in Europe. The services also include customised labels, pickup, packaging, and door-to-door delivery via more than 100 connected carriers across Europe and beyond by B2C Europe.
Read More »Exponential growth with orders in hand push India’s exports in next fiscal
Commenting on the interim data for the first three weeks of December exhibiting over 35% growth in exports, Dr A Sakthivel, President, FIEO said that such performance is remarkable and better than anticipated by us since lot of exports have been frontloaded and shipments generally meant for December have already been exported in November or earlier. Moreover, our exporters across sectors are flushed with orders for the next fiscal pushing the growth prospects. We will also be having the additional exports coming from some of the PLI sectors in the next fiscal pushing overall exports and continuing us on the same growth path. The Mega Textile Parks and Food Parks will also have a spin off effect on the export of Food & Textile products. President, FIEO also countered the news reported in some of the dailies stating that US$ 500 Bn target may elude us. Dr Sakthivel said that since India will be adding over US$ 130 Bn or so in the current fiscal, we should aim to build on the same and thus aim much higher. Since we are likely to cross US$ 400 Bn in 2021-22, we should focus and aim for exports in the vicinity of US$ 525-530 Bn in 2022-23.
Read More »Container shortage leading to break-bulk shipping
There has been an all-out fight for freight ever since the recommencement of the staggering economy amid the pandemic and a boom in online buying. Obtaining shipping containers for moving coffee has been heavy on the pockets in the best scenario while in the worst, containers have been unobtainable, only adding fuel to the prices. It is believed that in the future, roasters are more likely to start utilizing old-school shipping without containers. To solve the long plaguing shipping bottlenecks, many shippers are adjusting to this new shipping modality, despite the complexity. Handling of bags instead of containers is much harder, from the inland transportation in the origin to the reception at the destination, as only a handful of the ports are equipped to lift the bags from a vessel’s hold. A first of its kind in over 20 years, a break-bulk vessel named Eagle has found its way from Lampung in Sumatra, through the Mediterranean, and is now headed for New Orleans, transporting robusta coffee bags stacked in its hold to the U.S., garnering a lot of attention. The ship-part of a burgeoning experiment is a hope for the industry where producers, roasters, and traders are looking to leapfrog a global container shortage that’s causing an unprecedented backlog of shipments.
Read More »Lodha signs with Flyjac Logistics for warehousing deal
Lodha Group has signed a deal with third party logistics firm Flyjac Logistics, a subsidiary of Hitachi Transport System Group, to sell a 22.3 acres land parcel at the Palava industrial park. Real estate major Lodha Group, or Macrotech Developers said it has closed a deal with an affiliate of Morgan Stanley Real Estate Investing (MSREI) to develop 1.9 million sq ft at Palava Industrial and Logistics Park (PILP), near Mumbai. This would entail an investment of about ₹600 crore to build grade-A warehouses across 72 acre at PILP. Mumbai-based Lodha Group would be the project development manager, and will be responsible for leasing, project development, and asset management. MSREI is the private real estate investment management arm of Morgan Stanley. “Our marquee acquisitions and key partnerships for PILP have helped us establish a solid track record in the logistics sector. Through this formidable collaboration, we will leverage our development expertise along with MSREI’s industrial know-how as we continue to expand and enhance this best-in-class industrial park. These are exciting yet crucial times for us as we expect more such strategic partnerships in the near future,” said Shaishav Dharia, CEO, Townships, and Rental Assets, Lodha Group.
Read More »New Bangladesh airline announces operations in 2022
A new cargo airline in Bangladesh is due to commence operations next year. NXT Air has released a statement to local media confirming it has received a No Objection Certificate (NOC) from the Civil Aviation Authority of Bangladesh (CAAB). Cox’s Bazar Airport in the south of Bangladesh will be the main operation base for the cargo carrier. The airline’s plans to initially use an ATR 72 to carry cargo. A second ATR 72 and a Boeing 738 are due to be introduced later in the year to enable the airline to operate on international routes. Cargo airlines in Bangladesh include Bismillah Airlines, Easy Fly Express, Hello Airlines and SkyAir.
Read More »Etihad Airways and Henan Province Airport to strengthen Sino-Arab cargo ties
Etihad Airways and Henan Province Airport Group, the parent company of the Zhengzhou Xinzheng Airport (CGO) — an important domestic aviation hub and the gateway to the central region of China — aim to establish a strategic partnership to strengthen aviation ties between the UAE and China. This follows the signing of a virtual Memorandum of Understanding (MOU) during the virtual “Zhengzhou Week” event hosted by Expo 2020 Dubai China Pavilion starting from 27 December 2021. The MOU contains plans for Etihad’s potential operation of regular cargo services between Abu Dhabi International Airport (AUH) and Zhengzhou Xinzheng International Airport (CGO) to create the “Air Silk Road” between Henan Province and the emirate of Abu Dhabi. The MOU also covers scope of cooperation between the two parties to build the CGO airport into an air freight hub in the region, and to diversify product sales and cargo distribution channels at Zhengzhou Xinzheng International Airport.
Read More »Air New Zealand releases document to deploy zero-emissions aircraft
Air New Zealand aims to deploy zero-emissions aircraft in the next five years. The airline has released a Zero Emissions Aircraft Product Requirements Document that details Air New Zealand’s specifications and requirements for a new generation of aircraft. Air New Zealand said it “is seeking long term partnerships with aircraft developers looking to develop zero emissions aircraft. From the PRD process Air New Zealand is seeking to gain an understanding from the aircraft developers of the realistic implementation timeline and technology feasibility to enable long term fleet strategy evaluation”. The overall goal is for zero-emissions aircraft to be deployed in the next five years, with battery electric propulsion, hybrid electric propulsion and green hydrogen propulsion being considered. Air New Zealand’s decarbonisation roadmap identifies four main levers needed to reach net zero by 2050. These are the use of sustainable aviation fuel (SAF); the operation of zero emissions aircraft; continued investment in the modern fleet replacement programme; and improvements in operational efficiencies (such as through optimised flight planning).
Read More »DHL, MIAL and Kale Logistics partners for paperless import operations
DHL Global Forwarding announces a collaboration with Mumbai International Airport Ltd. (MIAL) and Kale Logistics for the pilot rollout of D-Cube for paperless and contactless import operations. Soon MIAL will not require hard copies of MAWBs (Master airway bill) and HAWBs (House airway bill) to be submitted by DHL Global Forwarding, said Niki Frank, CEO South Asia and India, DHL Global Forwarding in a Linkedin post. This digital initiative facilitates ease of business to support all forwarders, customs brokers, transporters and customers, on the air import businesswith a ‘contactless’ and ‘paperless’ process, fast-tracking the deliverables factoring safety and security. The post read that queues at the Air Cargo Terminal will become a thing of the past with Digitalized Gate Passes to shortly be introduced. Being a major air cargo player at the Mumbai Terminal, DHL Global Forwarding volunteered to support this progressive initiative and played a significant role in its implementation. A well-aligned move to DPDHL’s own digitalization mission.
Read More »FedEx predicts ongoing cargo capacity constraints to continue in 2022
FedEx is predicting that next year air cargo capacity will once again be hard to secure with space remaining scarce and supply chain issues supporting strong demand. Karen Reddington, president of FedEx Express Europe, explained that passenger networks – and therefore bellyhold services – were taking time to resume and this would put cargo capacity under pressure. She said, “The pandemic has undoubtedly brought supply chain resilience to the fore. With a new, highly contagious Covid-19 variant, reduced port and air cargo capacity and heightened consumer demand, it will continue to impact global trade well into 2022. As passenger travel remains depleted, air cargo capacity will be constrained through 2022 all while the demand for goods is likely to grow, with 2021 trading volumes overtaking pre-pandemic levels and achieving their fastest year of growth in over a decade.”
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