THE beginning of May has seen a softening of the air freight market, with customers on long-term contracts paying more than the spot rate, reports London's Loadstar.
FOR the first time post-Covid crisis, the end of March capacity over the transatlantic is higher than pre-Covid crisis levels.

THE air cargo industry continues to be hindered by a range of issues that resulted in volume declines deepening in April, reports London's Air Cargo News.

VIETNAM's air cargo industry is pushing through the Covid crisis, with flights picking up and a new homegrown freight carrier, reports Tokyo's Nikkei Asia.

CHALLENGES from ongoing reduced air freight capacity and the Ukraine war have caused the Nordic air cargo market to continue to invest and innovate to meet new challenges, reports London's Air Cargo News.

In his statement to the Solomon Islands parliament on the draft security agreement between his country and Beijing, Prime Minister Manasseh Sogavare stridently but disingenuously denied ‘pitching into any geopolitical power struggle’.

Danish shipping firm Esvagt, which says it pioneered SOVs for wind farm service more than a decade ago, plans to start construction on what it is calling the world’s first green fuel vessel SOV. In an agreement with offshore wind farm developed Ørsted, the companies will start construction on the new vessel due to go into service by the end of 2024.

In their latest action targeting Russian oil and gas shipments, Greenpeace activists briefly delayed a product tanker carrying Russian diesel at the Port of Antwerp.

On Sunday, Russian state media claimed that the Russian military has attacked another civilian vessel near Ukrainian waters. The incident is at least the seventh Russian attack on merchant shipping reported since the start of the invasion in February.

TORONTO, ON / ACCESSWIRE / April 6, 2022 / (CSE:AMMP) (OTCQB:AMMPF) (FSE:601A) AmmPower Corp. (the "Company" or "AmmPower") is pleased to announce the completion of a successful business trip to Brazil, where senior management of the Company visited Porto Central, a new industrial port complex under development in Brazil, as well as several potential partners for the green ammonia facility at the site location of Porto Central.

With an estimated 100 merchant vessels under blockade in Ukrainian ports, it was time for reflection as INTERCARGO members, Executive Committee and Technical Committee met at the Association's spring semi-annual events, held in London last week.

Environmental NGO the Bellona Foundation spearheads strong initiative to define and implement a new ISO standard for proactive hull cleaning.

Vestdavit aims to make a big splash at Nor-Shipping by showcasing an actual full-size PLR-5000 davit on its corporate stand at the upcoming maritime exhibition in Norway.

Normally mounted on the decks of naval or coastguard vessels for launch of smaller craft, the impressive davit with 5000kg lifting capacity is set to have similar pulling power with the expo crowd to that seen in the market as sales of the PLR have surged over the past few years.

Please find attached confirmation (click here) that INVL Baltic Sea Growth Fund (“the Fund”), one of the largest private equity investment funds in the Baltic region is pleased to announce that leading private medical chains InMedica and MediCA Group have successfully completed the largest merger partnership in Lithuanian healthcare clinic deal history to date.

* Ukrainian Antonov An-124 delivers emergency aid from the United Arab Emirates to Poland
* Shipment is covered by Kuehne+Nagel's 10 million Swiss franc pledge of aid for the Ukrainian people

Nearly a week after P&O Ferries fires a quarter of its workforce without notice, the company continues to attempt to justify its actions while the U.K. government is investigating legal actions. Ferry service on most of the company’s routes continues to be suspended while labor unions are organizing protests in London and at ports across the UK and calling for a boycott.