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DSME Tied to Another LNG Carrier Order

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has reportedly secured another contract to construct a liquefied natural gas (LNG) carrier.

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Air freight growth of 3.7% forecast for 2019

Average global yield increase set to drop to around 2% next year, well below the ‘exceptional’ 10% average price increase in 2018, IATA predicts. Global air freight is expected to grow ...

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Volga-Dnepr becomes strategic partner of Cainiao

Alibaba logistics subsidiary signs MoU with Russian group to ‘beef up’ the air freight capability of its ‘global smart logistics network’. Volga-Dnepr Group has signed a memorandum ...

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Welsh logistics boost as Severn bridge tolls axed from today

Removal of fees follows years of pressure from FTA and is expected to deliver £1bn of economic benefit over the next decade. The axing of the tolls at the Severn crossings between Englan...

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East-West ocean freight contract rates down 7% in Q4

Moderate fall in Asia-Europe prices drove this decline, Drewry notes, while some secondary and north-south routes face double-digit increases when 2019 contracts are signed in the next few weeks. <...

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ECSA supports the updated ship recycling list

On 30th November 2018, the European Commission adopted a new Decision amending Implementing Decision (EU) 2016/2323 to update the European...

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