Air France-KLM today said it is weighing a partnership or restructuring of its freighter business after booking cargo losses and charges of $205 million in the second quarter, but stressed it will remain a major player in the air freight market.
Costamare’s revenue and net income grew in the second quarter as the Greek container shipowner boosted its fleet of chartered vessels.
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.
German banks’ toxic shipping loans are a matter of concern ahead of the European Central Bank’s stress tests, the International Monetary Fund warned.
Air France-KLM, Europe’s largest cargo airline by revenue, is about to reveal whether it plans to shed its dedicated freighter fleet.
Panalpina’s ocean container traffic grew three times faster than the market in the second quarter, but barely made a profit for the global freight forwarding and logistics group.
The Netherlands’ Port of Rotterdam Authority announced increased profit and revenue for the first half of the year...
The Port of Rotterdam’s container traffic rose 1.9 percent year-over-year in the first half, driven by higher volumes on Asian and North American routes, but growth again trailed that of neighboring...
Zim Integrated Shipping Services said it finalized its debt restructuring deal after its parent Israel Corp. invested $200 million of new equity into the ocean carrier.
Amsterdam Airport Schiphol posted a market-beating 8.8 percent growth in cargo traffic in the first half of the year, more than twice the increase at its closest rival London Heathrow Airport.
Qatar Airways today said it plans to order four new Boeing 777 freighters with an option for four more, bolstering its ambitious bid to become a Top 5 cargo airline by 2018.
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