JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91
98407 85202
Corporate News
Letter for Saturday - August 31,
2024.
Today’s Exchange Rates
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CURRENCY |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
DAY's LOW-HIGH |
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83.86 |
-0.019997 |
-0.02384 |
83.84 |
83.88 |
83.82- 83.885 |
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1.1081 |
0.0004 |
0.036117 |
1.1077 |
1.1077 |
1.107- 1.1095 |
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110.5768 |
-0.077103 |
-0.069679 |
110.3694 |
110.6539 |
110.3492- 110.6861 |
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92.95 |
-0.108406 |
-0.116493 |
92.8702 |
93.0584 |
92.8298- 93.0516 |
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145.424 |
0.43399 |
0.299324 |
144.99 |
144.99 |
144.657- 145.458 |
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1.3179 |
0.0011 |
0.083532 |
1.3168 |
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1.3161- 1.32 |
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101.344 |
0.000999 |
NaN |
101.377 |
101.343 |
101.245- 101.417 |
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0.5778 |
-0.001 |
-0.172779 |
0.5786 |
0.5788 |
0.5777- 0.5796 |
/// Sea Cargo News ///
Tanker still on fire days after Houthi onslaught
An oil tanker is still burning
six days after being attacked by the Houthis in the Red Sea. The 2006-built Suezmax tanker, Sounion, has
become the third of Greece's Delta Tankers’ ships to have been targeted by
Houthis this month.
According to Operation Aspides, also known as EUNAVFOR Aspides, the EU military operation in response to Houthi attacks, the Sounion’s master called for help on 21 August while the tanker was underway in the southern part of the Red Sea.
The Houthis had attacked the Sounion, causing the tanker engine to lose power. At the time, the tanker was anchored and there were no signs of fire.
EUNAVFOR ASPIDES despatched a ship to evacuate Sounion’s crew and, along the way, destroyed a suspected Houthi drone. Sounion’s crew were subsequently rescued and were transported to Djibouti.
However, two days later, the
Houthis, which are retaliating against the Gaza War, struck the tanker again,
causing fires in at least five spots on the deck.
In an X post, EUNAVFOR ASPIDES said: “It’s estimated that these (the flames) are located around the hatches of the vessel’s oil tanks. Additionally, part of the superstructure is on fire, too. So far there are no obvious signs of an oil spill. The ship remains anchored at the same point in international waters.”
As Sounion is loaded with 150,000 tonnes of crude oil, the fire presents an ecological threat. SP Global’s vessel-tracking data shows that Sounion was shipping oil from Basra, Iraq, to Singapore.
EUNAVFOR ASPIDES added: “All
vessels in the area must exercise extreme caution, as the Sounion is both a
navigational and an imminent environmental hazard.”
The first Houthi attack on Delta Tankers’ ships occurred on 8 August, when Delta Blue, avoided an explosion after four attempted Houthi attacks within 24 hours.
On 13 August, another of the company’s tankers, Delta Atlantica, escaped unscathed after the Houthis tried three times to strike the ship. Security consultancy Vanguard believes that Delta Tankers’ ships are being targeted after another of its tankers, Delta Star called at Israel in July.
Rates are on 12-month slippery slope, says Linerlytica
Freight rates will fall by 70% in the coming year according to Linerlytica, but Xeneta claim that for such a decrease to occur it would mean that the Suez Canal has reopened and that there is massive over-capacity.
Consultancy Linerlytica said today it expects freight rates to fall by 70% over the next 12 months, as carriers have failed to prevent the slide in rates seen since July according to statistics from the Shanghai Container Freight Index (SCFI).
Container shipping lines have struggled to arrest the rate of deterioration that followed the July zenith, after what appeared to be an early peak season, as demand wanes, and another 36 ships, of just under 205,000 TEUs, were delivered over the last month.
“Freight futures continue to
weaken, with North Europe rates trading at a discount of over 70% to current
spot rates,” said Linerlytica. Long-term contract rates could see the biggest
impact on global container shipping market.
“Container freight rates are poised to fall by over 70% by June next year, based on the latest CoFIF EC contracts traded on the Shanghai International Energy Exchange (INE). Although the drop is not as severe as the freight rate collapse seen at the end of 2022, the current freight futures prices anticipate continuous declines over the coming 12 months, with no rebound expected at the end of this year and no repeat of this year’s post-Chinese New Year rate rally in 2025,” reported Linerlytica.
According to the consultant, shipping lines have failed to maintain spot rate levels with the SCFIS fell 12% on the North European trades from July, which has seen a steady 1-3% weekly decline until last week’s 7.3% drop.
The SCFIS, a better measure of actual market spot rates, has been falling since the July highs on the Pacific to the US West Coast. In contrast, the SCFI gave a “false signal of a rate rebound a week ago”, among 38% losses seen since July, said Linerlytica.
SCFIS measures rates for exports from Shanghai four major European ports and three US West Coast ports whereas the SCFI covers a much wider global range of trades from Shanghai.
The SCFI has also seen rates deteriorate by 5.6% over the past week on the Pacific and Middle East trades.
However, Xeneta’s chief analyst Peter Sand believes that a prerequisite for a 70% fall in contract rates will be a resolution to the Red Sea crisis and a return of vessels trading via the Suez Canal.
“It is probable that rates will find a different level,” conceded Sand, who qualified that by adding, “But the Red Sea is the one thing that is different from a year ago when rates were coming down and lines were reporting losses.”
Volumes are up, said Sand, but they are on a par with volumes in 2021 and 2022, “this is not a demand-driven market,” he said. According to Xeneta, CTS data total volumes, dry and reefer, have increased 6.5% in the first half of 2024 compared to 2019 volumes, from 84.1 million TEUs in H1-2019 to 89.6 million TEUs.
In the same period the fleet has increased “a whopping 30.8%” said Sand, quoting Xeneta, Clarksons data, to 29.569 million TEUs, by the end of H1-2024 from 22.603 million TEUs in mid-2019.
"As of today: the longer sailing distances due to the Red Sea disruption make all the difference. From massive overcapacity to a tight market.
Xeneta estimates that TEU miles
in the first four months of 2024 are up by 18.3% year-on-year, virtually
closing the gap between demand and supply - as is clear from the current high
contract and spot freight rate levels," concluded Sand.
NYK launches world’s first commercial ammonia-fueled tugboat
On 23 August 2024, NYK and IHI Power Systems, in collaboration with Nippon Kaiji Kyokai (ClassNK), completed the world’s first ammonia-fueled tugboat, Sakigake.
This vessel, designed for commercial use, will be operated by the NYK Group company Shin-Nippon Kaiyosha for tugboat services in Tokyo Bay during a three-month demonstration period.
The Sakigake tugboat is part of a Green Innovation Fund Project initiated in October 2021 by Japan's New Energy and Industrial Technology Development Organization (NEDO). The project aims to develop vessels powered by domestically produced ammonia-fueled engines.
The original Sakigake, which was Japan's first LNG-fueled tugboat, was launched in August 2015. After eight years of service in Tokyo Bay, it was retrofitted at the NYK Group's Keihin Dock, with its main engine and other components replaced by ammonia-fueled ones. The vessel, retaining the name Sakigake, reflects its pioneering status, first with LNG and now with ammonia as fuel.
Under the same Green Innovation Fund Project, NYK is also engaged in the development of an ammonia-fueled medium gas carrier (AFMGC) in partnership with Japan Engine Corporation, Nihon Shipyard, IHI Power Systems, and ClassNK. The delivery of this vessel is anticipated in November 2026.
The NYK Group remains committed to advancing the decarbonization of the maritime industry by promoting and expanding the use of ammonia-fueled vessels, drawing on the expertise gained from this research and development initiative. According to NYK's research, the “world’s first” designation is accurate as of 23 August 2024.
Yang Ming buys more chartered ships
Taiwanese liner operator Yang
Ming Marine Transport continues to expand its owned fleet by prematurely ending
the charters of two 12,000 TEU ships.
The company said in a Taiwan Stock Exchange filing that it has paid US$186 million for the ships, barely three years into the 10-year period charter.
Yang Ming did not identify the
ships, except to say that the vessel owners were Paraiso Shipping, a
Panama-incorporated special purpose vehicle of Japanese shipbuilder Imabari
Shipping’s tonnage provider affiliate, Shoei Kisen Kaisha, and I-S Container, which
is partly owned by Imabari and Century Tokyo Leasing Corporation.
According to VesselsValue, the ships are the 2021-built YM Trust and the 2022-built YM Trophy. These are the seventh and eighth ships that Yang Ming purchased in such a way, since 2023.
Many liner operators are now
cash-rich after the Covid-19-fuelled boom and the Red Sea crisis. Yang Ming now
has cash holdings of over US$2 billion. The other ships were also acquired from
Shoei Kisen-controlled entities and I-S Container.
In May, Yang Ming acquired three 12,000 TEU ships, YM Together, YM Throne and YM Trillion, for US$297 million. It is likely that the ocean carrier received a competitive price for the ships, which have market values of around US$140 million each. In August 2023, Yang Ming bought three 14,000 TEU ships, YM Warranty, YM Wellspring and YM Wellbeing, for around US$310 million. Yang Ming, which recently had a new management team, is understood to be reviewing newbuilding orders for 24,000 TEU ships.
Wan Hai Lines introduces new 13,100 TEU ship
Wan Hai Lines held a ship naming ceremony on 23 August for the WAN HAI A17, along with a charity event, at the Samsung Heavy Industries shipyard in Geoje.
The ceremony was co-officiated by Po-Ting Chen, Chairman of Wan Hai Lines, and S.A. Choi, Vice Chairman & CEO of Samsung Heavy Industries. Chih-Jung Chang performed the christening rituals, blessing the vessel with wishes for good fortune and safe voyages.
WAN HAI A17 is the tenth vessel in a series of thirteen 13,100 TEU containerships ordered by Wan Hai Lines from Samsung Heavy Industries since 2021. The vessel is scheduled for delivery in late August and will be deployed in Wan Hai Lines' Asia to the East Coast of North America service, known as “AA7.”
These ships feature a length of 335 meters, a breadth of 51 meters, a draft of 16 meters, and a maximum cruising speed of 22 knots. They are powered by newly designed engines with environmentally friendly features, aimed at enhancing energy efficiency and fuel savings.
Additionally, this series has
earned the “Smart Ship Notation” certification, enabling real-time monitoring
of navigation data and equipment operation, ensuring safe and reliable maritime
transportation.
Japan’s container exports to US surge to 56,174 TEUs in July
Container exports from Japan to
the U.S. reached 56,174 TEUs in July, marking a 14.3% increase compared to the
same period last year.
This represents the fourth consecutive month of double-digit growth, according to data from Descartes Datamyne.
Direct shipments accounted for 39,094 TEUs, a 32.8% rise, continuing a year-on-year increase for 12 consecutive months since August 2023. The remaining 17,080 TEUs were transshipped along the way, a decrease of 13.3%, making up 30.4% of the total—a 9.9 percentage point decline. The share of transshipped containers has been shrinking consistently for the past 12 months.
Transshipments through South Korea dropped 20.4% to 11,242 TEUs, continuing a downward trend since March 2023. In contrast, transshipments through China and Taiwan rose by 11.6% to 2,661 TEUs and 13.3% to 1,990 TEUs, respectively. Singapore saw a 9.1% decrease in transshipments, totalling 825 TEUs.
Regarding ports of origin in Japan, 16,005 TEUs were shipped from Tokyo, an increase of 41.9%; 11,364 TEUs from Nagoya, up 45.9%; 7,949 TEUs from Kobe, up 36.1%; 2,818 TEUs from Yokohama, down 19.9%; and 298 TEUs from Shimizu, down 42.6%.
By commodity, nuclear reactors, boilers, machinery, and mechanical appliances and parts (HS Code Chapter 84) led with 13,096 TEUs, a 12% increase. Vehicles other than railway or tramway rolling stock, along with parts and accessories (HS Code Chapter 87), surged 24.7% to 11,875 TEUs, securing second place.
Rubbers and related articles
(HS Code Chapter 40) rose 3.4% to 6,262 TEUs, placing third. Plastics and
articles thereof (HS Code Chapter 39) climbed 17% to 5,860 TEUs. Rounding out
the top five, electrical machinery and equipment and parts (HS Code Chapter 85)
decreased by 6.5% to 2,880 TEUs.
OOCL celebrates the naming of its last newbuilding in the 24,188 TEU
series
Orient Overseas Container Line Co., Ltd. celebrated the naming of the company's twelfth 24,188 TEU newbuilding at a ceremony held at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) shipyard. The new vessel, named “OOCL Portugal”, is the last in the 24,188 TEU eco-friendly mega vessel series.
OOCL invited Mrs. Laura Liang Aron, Director of Hong Kong Economic and Trade Office in Shanghai, to name the new vessel, and Mr. Ni Zhao, Regional Head (Shanghai) of Hong Kong Shipping Registry as a special guest.
The ceremony was completed successfully under the witness of a number of distinguished guests, customers and business partners.
Mr. Michael Xu, Director and Member of Executive Committee of OOCL, said at the ceremony: “The naming of our last 24,188 TEU new vessel marks an important milestone in the development of OOCL.
The delivery of this series of mega vessels not only optimized the operational safety of vessels, but also provided us with the advantages of energy efficiency and economies of scale, allowing OOCL to provide better and greener services to enhance our competitiveness in face of future challenges.
OOCL will stay true to our mission of providing first-class shipping services and being the vital link to world trade, and the commitment to pursuing excellence. With upgraded hardware and our "Take it personally” spirit, OOCL will continue to create greater values for our customers.”
AAL expands multipurpose cargo offering with new Asia-Europe service
To meet growing market demand for dependable multipurpose heavy lift cargo coverage ex Europe, AAL Shipping has added a scheduled monthly fast-track ‘Europe – Asia Express Liner Service’to its existing portfolio of services from the Continent that already comprises its popular ‘Europe – Middle East/India – Asia (EUMEIA) Monthly Liner Service’, as well as a monthly ‘Mediterranean – Middle East – India Pendulum Service’.
Eike Muentz, General Manager of AAL Europe explained: “We have listened to the market and increased our already popular, premium multipurpose services to support a plethora of customer needs with more tonnage and more connections.
Our portfolio of three distinct monthly services provides customers with regular, trusted and flexible sailings between Europe and its key trading markets around the world and benefits from the employment of premium MPVs from every class of AAL’s fleet – including our new Super B-Class, which has already demonstrated its cargo intake credentials by transporting 89,000 freight tons of mixed cargo from Asia to Europe on a single sailing.”
While all three services utilise AAL’s global fleet of heavy lift multipurpose vessels, ranging from 19,000 DWT up to 33,000 D WT, the ‘Europe – Asia Express Liner Service’ will also employ Super B-Class vessels, offering lifting capacity up to 700 tonnes and a clear weather deck space of over 5,000 sq m. This provides AAL with the cargo handling capability and intake capacity to parcel any cargo on any sailing, from outsized heavy lift units to smaller breakbulk, general cargoes and even bulk.
Jan-Henrik Heyken, Senior Chartering Manager at AAL Europe, added: “The Europe – Asia Express Liner Service will depart key project cargo hubs in Western Europe and connect them directly with Taichung, Shanghai, Masan and other port calls considered on inducement along the route.
“With these three distinct services, we have something for everybody. Depending on the cargo enquiry, destination, schedule and laycan requirements we can select the optimum ex-Europe service that best fits our customers and their project needs, all the while providing the assurance of award-winning dependability and cargo handling quality that the market has come to expect from AAL.”
/// Air Cargo News ///
Centre okays Singapore Airlines' FDI proposal for Air India-Vistara merger
In a boost to the Air India-Vistara merger, Singapore Airlines
(SIA) on Friday said that it has received approval from the Government of India
for foreign direct investment (FDI) in a deal with the Tatas, the airline said
in an exchange filing.
Singapore's flagship carrier, which has a 49 per cent stake in
Vistara, had announced the plan to merge the Indian airline and Tata-owned Air
India in November 2022. Tatas own 51 per cent in Vistara.
Upon completion of the merger, SIA is expected to hold
approximately 25.1 per cent of the enlarged Air India. The FDI approval takes the Tata-SIA Joint
Venture one step closer to their aim of creating a dominant full-service
airline in the domestic and international markets.
"The FDI Approval, together with anti-trust and merger control clearances
and approvals, as well as other governmental and regulatory approvals received
to date, represent a significant development towards the completion of the
Proposed Merger," SIA said in a statement.
While the merger is still subject to compliance with Indian
laws, it is currently expected to be finalized by the end of 2024. The parties involved are in discussions to
extend the Long Stop Date from the previously indicated deadline of October 31,
2024, to accommodate this revised timeline.
The National Company Law Tribunal (NCLT) approved the merger in June this year
after Singapore's competition regulator CCCS gave a conditional nod for the
proposed deal in March.
In September 2023, the deal received approval from the Competition Commission
of India (CCI), subject to certain conditions.
EVA Air first airline in Asia to sign for AeroSHARK
Lufthansa Technik AG is proud to announce EVA Air as the first
Asian airline having signed for modifications with its drag-reducing and hence
fuel-saving AeroSHARK surface technology jointly developed with BASF.
The Taipei-based airline decided to have its entire cargo fleet
of nine Boeing 777F long-range freighters modified with the innovative riblet
films covering the aircraft’s fuselage and engine nacelles.
With B-16786, a first EVA Air freighter has already undergone
this comprehensive modification at the airline’s homebase at Taipei Taoyuan
International Airport. Closely guided by Lufthansa Technik, the modification
was executed by EVA Air's affiliate, Evergreen Aviation Technologies
Corporation (EGAT). The aircraft is expected to re-enter commercial service in
early September.
AeroSHARK is a functional surface film that is modeled on the
drag-reducing structure of sharkskin. It consists of ribs around 50 micrometers
in size – the so-called riblets.
If several hundred square meters of the fuselage and engine
nacelles are covered with this, the frictional resistance of the aircraft is
reduced so significantly that fuel consumption and the resulting emissions are
reduced by around one percent. Extrapolated to EVA Air’s nine 777F aircraft,
this equates to annual savings of more than 2,500 metric tons of kerosene and
more than 7,800 metric tons of CO2 emissions.
“EVA Air is continually progressing towards its goal of
achieving net-zero carbon emissions by 2050, constantly seeking the latest
technologies to reduce our carbon footprint,” said Albert Liao, Executive Vice
President Corporate Planning Division at EVA Air.
“We are delighted to collaborate with Lufthansa Technik in
applying the fuel-saving AeroSHARK surface technology to our 777F freighters.
This innovation not only reduces fuel consumption but also lowers
CO2 emissions. EVA Air will continuously monitor the actual fuel-saving
benefits and further evaluate additional aircraft to be equipped with this
technology.”
“EVA Air is well known for both its pioneering spirit and its
technical expertise, hence we are all the more pleased that we succeeded in
convincing them about the benefits of AeroSHARK, the world’s most advanced
sharkskin product for the commercial aviation industry,” said Dr. Wassef Ayadi,
Senior Director Customer Relations OEM & Special Engineering Services at
Lufthansa Technik.
“We are proud that with AeroSHARK we can provide international
pioneers like EVA Air with a real quick-win measure to reduce the environmental
footprint of their operations.”
Lufthansa Technik currently holds Supplemental Type Certificates
(STCs) for the AeroSHARK modification of two types of Boeing 777, which is now
in full swing at various airlines across the globe.
Besides EVA Air’s first sharkskin-equipped freighter, a
double-digit number of aircraft is already in worldwide service with AeroSHARK,
and it is constantly growing further. EVA Air’s entire 777 fleet is expected to
be equipped until 2027.
Lufthansa Technik and BASF have moreover set themselves the goal
of consistently developing AeroSHARK further in order to support many more
airlines around the world in achieving their sustainability goals.
Current development priorities include approvals for additional
aircraft types and also for ever larger surface areas. In initial model
calculations, the sharkskin technology could even avoid CO2 emissions of
up to three percent in its maximum expansion stage.
WFS Introduces electric cargo towing vehicles at Schiphol
Worldwide Flight Services (WFS) is the first cargo handler at
Amsterdam Airport Schiphol (AMS) to introduce electric cargo towing vehicles in
the latest global initiative supporting SATS’ environmental, social and
governance (ESG) group priorities.
Supplied by vehicle partner, TCR, the Goldhofer Sherpa E6 towing
trucks are being used to support WFS’ ramp and cargo handling services for more
than 50 airlines at AMS, which is one of Europe’s busiest air cargo locations.
WFS operates four warehouse operations at AMS covering over
17,500 m² and incorporating dedicated Good Distribution Practice (GDP) and IATA
CEIV Pharma certified facilities for temperature-controlled pharma products.
Goldhofer is a leading provider of sustainable and highly
efficient aircraft and cargo towing solutions, aligning with the global
environmental policies adopted with airports worldwide. The Goldhofer Sherpa E6
towing vehicle produces zero emissions and operates with low energy costs and
quieter noise levels.
With more vehicles on order, WFS will be operating a completely
all-electric fleet of towing vehicles in Amsterdam by the end of Q2 2025. Stéphane
Scholving, managing director, The Netherlands at WFS commented: “This is the
latest step in our sustainability journey and towards our zero emissions goal.
“As well as contributing to SATS’ and WFS’ ESG priorities, these
new electric vehicles are also improving the working environment for our
employees thanks to their low noise level and operating comfort. “The improved
tow hitch also improve safety and reduces the need for manual lifting.”
Rob Spijker, TCR’s manager sales & business development,
added: “In support of the ‘Roadmap Zero Emission Airside Operation in 2030’
established by the Royal Schiphol Group in 2023, we are delighted WFS is the
first cargo handler at Amsterdam Schiphol to introduce electrically powered
cargo tractors.
“In collaboration with TCR, WFS tested several demonstration
tractors before selecting the Goldhofer Sherpa E6. “This electric cargo tractor
delivers at least the same performance as the diesel tractors it replaces but
without any emissions.
“WFS has also invested in a fast-charging system to fully charge
empty batteries within 80 minutes to ensure optimum availability within its
very busy handling operation.”
Avianca transports more
than 100 tonnes of humanitarian aid in H12024
Avianca and its business units Avianca Cargo, LifeMiles and
Deprisa have focused on three main areas in the first half of 2024 - emergency
response, health and transportation of volunteers.
The support has included the transportation of over 100 tons of humanitarian cargo in countries such as Brazil and Colombia, the mobilisation of 260 volunteer doctors assisting in medical brigades in rural areas and benefiting more than 600 families through food deliveries.
During the emergency caused by fires in Bogotá between January and February, Avianca delivered 138 kilograms of humanitarian aid, including non-perishable food, blankets, and face masks to ABACO, which benefited the population directly affected in the eastern hills of the city, the release added.
" Felipe Gómez, Director, Institutional Relations and
Sustainability, Avianca says: ""We are convinced that our aircraft,
beyond being a means of transportation, are transformative elements that
generate development for the benefit of the communities and regions where we
operate.
That is why on World Humanitarian Day, we reaffirm our
commitment to make a significant contribution in times of crisis and to
strengthen the resilience of the most vulnerable populations. Through
collaboration with local and international organisations, we will continue to
work to offer quick and effective solutions that make a difference in the lives
of thousands of people."
Copyright: tratong/
ShutterstockCDB Aviation has delivered one Airbus A330-300 Passenger to
Freighter (P2F) aircraft to Turkish cargo carrier MNG Airlines to help it meet
its fleet modernisation and network growth targets.
The A330P2F offers more cargo volume and lower cost-per-ton than
other available freighter aircraft types with a similar range, said CDB
Aviation.
“We are delighted to welcome MNG Airlines as our newest customer
in the EMEA region, as we continue to grow our fleet of efficient medium-sized
freighters that provide airline customers with the needed capacity to modernize
their fleets and enhance cargo operations,” commented Jie Chen, CDB Aviation’s
chief executive.
Ali Sedat Özkazanç, chief executive of Istanbul
Airport-headquartered MNG Airlines, stated: “As part of an ongoing
transformation in the aviation industry, cargo transport is playing an
increasingly critical role. We are further enhancing its capacity to adapt to
the industry’s dynamic environment by adding new aircraft to our growing fleet.
“At the same time, while we are modernizing our fleet, we are
expanding our regional and international network by improving our service
quality with this new aircraft and the other already existing A330 P2Fs in our
fleet.
“This delivery by CDB Aviation to MNG Airlines represents a
strengthening of the cooperation between the two companies and an essential
step for MNG Airlines’ growth strategy. The delivery of the Airbus A330-300 P2F
aircraft increases our cargo operations capacity and contributes to our
sustainability goals by reducing our carbon footprint with lower fuel
consumption and emission levels. Therefore, we believe this collaboration can
set an example for other airlines in the industry.”
According to data from Planespotters, MNG Airlines currently
operates with a fleet of four Airbus A300-600sFs – one of which is operating
for DHL Aviation, two Airbus A321-200Fs, two Airbus A330-200Fs and two
A330-300P2Fs, with one more due for delivery that is understood by Air Cargo
News to be the aircraft that has just been delivered. There is also
one Airbus A300C4-600 cargo aircraft in the fleet.
German conversion firm EFW converted the two A330-300P2Fs in
MNG’s fleet and delivered the second of
these in 2022. EFW has not confirmed if it has converted a third A330-300P2F
for MNG.
This February, the airline took delivery of an
A330-200F from an unidentified source.
MNG Airlines offers international cargo services to and from
Europe, the Middle East and Africa through its own flights and through
partnerships with other airlines.
CDB Aviation is an Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), a Chinese leasing company that is backed mainly by the China Development Bank.
Photo: Jaromir Chalabala/ ShutterstockA new freighter service has been launched between Urumqi in northwest
China and the UK’s Bournemouth airport. According to Xinhua,
Urumqi Diwopu International Airport said that the service will operate four
round trips a week, with a flight time of ten hours.
The airport in the Xinjiang region now has freight routes to
eight countries, including Kazakhstan, Uzbekistan, Georgia and Hungary.
Bournemouth Airport and its in-house handling arm, Cargo First
are part of Regional and City Airports (RCA) group. The south of England
gateway has in the last few years developed into a significant air cargo hub,
being the home base of European Cargo’s fleet of Airbus A340-600 freighters.
The airport already handles regular European Cargo freighter flights to and
from Chengdu, central China, launched in April 2023, and from Haikou in the
south.
In June, European Cargo and Cargo First said they were preparing
for the addition of three more Airbus A340 freighters, adding a fourth aircraft
in July and with two more to follow before October but without confirming which
routes they would be used on. Cargo First has recruited 15 new members of staff
in warehousing, aircraft handling and security roles in the past year.
Bournemouth has in recent years pitched itself as an alternative
to congested London airports and has developed into a major import centre for
the UK e-commerce market, one of the largest in the world.
Earlier this month, SF Airlines launched a new cargo route
between Urumqi and Budapest in Hungary to serve
e-commerce, agricultural and speciality product demand.
Air Incheon signs up to Boeing’s Flight Ops programme
Jongjin Lee (left) and Andrew Goodsall. Photo: Air IncheonSouth Korean all-cargo carrier Air Incheon has become one of the
first airlines in the country to sign up to Boeing’s Flight Operations Representative
(FOR) programme.
The aircraft manufacturer will provide dedicated flight
operations representatives who will work closely with Air Incheon’s own flight
operations team, offering tailored technical advice, operational support and
guidance on the airline’s four Boeing 737-800 freighters to maximise
performance and safety.
Air Incheon flight operations department director Jongjin Lee
explained: “This collaboration not only underscores our dedication to
maintaining the highest standards of safety and efficiency but also aligns with
our long-term strategy to be at the forefront of innovation and best practices
in the aviation industry.
“As we continue to expand our services and reach new markets,
having Boeing’s support will be invaluable in ensuring that our operations are
as safe and efficient as possible. We look forward to the positive impact this
partnership will have on our airline and our commitment to providing
exceptional service to our customers.”
Andrew Goodsall, Boeing regional chief pilot, aircrew
operations, added: “Our flight operations representatives are a fundamental
part of our ongoing commitment to work together with our customers to
strengthen operational safety.”
He said they played an essential role in facilitating
communication and collaboration with operators on how to best safely and
effectively operate their aircraft.
Earlier this month, Korean Air signed a “basic
business sale agreement” with
Air Incheon for Asiana Airlines’ cargo business.
I hope you have enjoyed reading the above news letter.
Robert Sands
Joint Managing Director
Jupiter Sea & Air
Services Pvt Ltd
Casa Blanca, 3rd Floor
11, Casa Major Road,
Egmore
Chennai – 600 008.
India.
GST Number :
33AAACJ2686E1ZS.
Tel : + 91 44 2819 0171
/ 3734 / 4041
Fax : + 91 44 2819 0735
Mobile : + 91 98407
85202
E-mail : robert.sands@jupiterseaair.co.in
Website : www.jupiterseaair.com
Branches :
Chennai, Bangalore, Mumbai, Coimbatore, Tirupur and Tuticorin.
Associate Offices : New Delhi, Kolkatta, Cochin & Hyderabad.
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