American Airlines has resumed flights after a “technical issue” saw the US Federal Aviation Administration request a ground stop for all its flights. “A vendor technology issue briefly affected flights this morning. That issue has been resolved and flights have resumed. We sincerely apologise to our customers for the inconvenience this morning. It’s all hands on […]
Looking back over the past year, industry leaders spoke to Air Cargo Week to lay out the key moments that they believe shaped their operations and the logistics sector. Kirsten De Bruijn – Executive Vice President of WestJet Cargo Kirsten De Bruijn – Executive Vice President of WestJet Cargo The surge in fast fashion driven […]
On Monday, a sanctioned Russian cargo ship sustained an engine room explosion off Spain and sank, leaving two crewmembers missing. At about 1230 hours local time, the Ursa Major was under way eastbound in the Strait of Gibraltar when she sustained an explosion in the engine room. She slowed and deviated from course, then […]
The government of Panama has pushed back against President Donald Trump’s new demand to lower charges for U.S. vessels or “return” the Panama Canal to American custody. Over the weekend, Trump accused the government of Panama of charging inflated transit rates to U.S. shipping and U.S. Navy vessels for usage of the waterway, and […]
The EU Commission has approved a request from the German government to spend $4.2 billion on state subsidies for four floating terminals that import LNG, supporting Northern Europe’s urgent transition away from Russian pipeline gas supplies. State subsidies are restricted under EU competition rules, but the EC determined that Germany’s spending proposal was justified and […]
On Sunday, a jackup rig partially collapsed off the coast of Trinidad, injuring one worker and leaving one missing. At about 0300 hours on Sunday morning, the Rig 110 was conducting drilling at a site at the Heritage Offshore East Field when part of the deck collapsed. 75 people were aboard at the time […]
On Sunday morning, a small container feeder hit a product tanker at an anchorage off Kupang, Timor, then sank due to the resulting hull damage. At about 0230 hours on Sunday, the KSOP guard station at Kupang received notice that the feeder Kuala Mas had collided or allided with the 13,000 dwt product tanker […]
Norway’s Belships, a large operator of dry bulk and majority holder of Norwegian Bulk Carriers, agreed last week to the terms for a buyout offer from U.S.-based investment manager EnTrust Global. The board of Belships highlights its goal as an investment company was to provide a competitive return to shareholders while EnTrust is actively […]
Edison Chouest has finalized the long-discussed sale of the icebreaker Aiviq to the U.S. Coast Guard, completing a transaction that began eight years ago. Despite its early opposition to buying a commercial icebreaker for government missions, the USCG budgeted for Aiviq’s purchase in FY2024, and the icebreaker was formally acquired on Dec. 11. After […]
Chinese officials reported that the Shanghai Port complex reached 50 million TEU for the first time on December 22. They said the port would exceed the 50 million TEU mark as it continues its position as the world’s busiest seaport for the 15th consecutive year. Container operations at the port began in 1978 when […]
The bankrupt German shipbuilding group FSG-Nobiskrug Holding received temporary financing to keep the operations open while efforts continue to seek permanent investors. The group had been forced into a contentious insolvency order by the German courts despite assertions from the yard’s owners that they would be refinanced. Germany’s Federal Minister of Economics, Robert Habeck, accepted […]
More than a year after Indian officials first detained a Vietnamese-managed bulker on suspicion of cocaine smuggling the crew of the vessel is being released. This came after the crew earlier this month staged a work stoppage to protest their long detention and repeated efforts by the shipping company to have the vessel released. […]
