Sydney Airport


JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.

 

E-MAIL : Robert.sands@jupiterseaair.co.in   Mobile : +91 98407 85202

 

 

Corporate News Letter for  Monday  September 15,  2025



Today’s Exchange Rates


CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

 

 

USD/INR

88.27

0.190002

0.214789

88.39

 

 

EUR/USD

1.1733

-0.0001

-0.008524

1.1734

 

 

GBP/INR

119.5868

0.172302

0.144289

119.8154

 

 

EUR/INR

103.4848

0.139702

0.13518

103.6314

 

 

USD/JPY

147.645

0.434998

0.295495

147.21

 

 

GBP/USD

1.3556

-0.0018

-0.132602

1.3574

 

 

DXY Index

97.704

0.173004

0.177384

97.532

 

 

JPY/INR

0.5971

-0.0023

-0.383711

0.6007

 

 


///                   Sea Cargo News            ///


CULines expands South Asia network with two new shipping services

 



CULines has strengthened its South Asia connectivity with the launch of two new services, the CSX and CWS, aimed at meeting growing customer shipping demands between China and the Indian subcontinent. The CSX service began operations on July 27, while the CWS service commenced on August 4.


Both services link major Chinese ports—including Qingdao, Shanghai, Ningbo, Xiamen, Nansha, Shekou, and Hong Kong—with key South Asian hubs such as Singapore, Port Klang, Nhava Sheva, Mundra, and Karachi. 

 

Enhanced Connectivity: The CSX service rotates through Qingdao – Xiamen – Nansha – Port Klang – Nhava Sheva – Mundra – Port Klang – Qingdao, providing a direct connection between southern China and South Asia. 

 

The CWS service follows the route Shanghai – Ningbo – Shekou – Singapore – Port Klang – Nhava Sheva – Karachi – Mundra – Port Klang – Hong Kong – Shanghai, extending CULines’ reach to central China, Singapore, and Pakistan.

 

These launches reflect CULines’ ongoing strategy to optimize its network and adapt to the evolving transport needs of shippers in the region, reinforcing its commitment to seamless, reliable trade links between China and South Asia.

 

Vizhinjam port sets record with 16.95m draft vessel during Onam

 



Vizhinjam International Port has set a new benchmark by handling a container vessel with a draft of 16.95 meters, the deepest ever recorded at the port and the second-largest ship to call at an Indian port. 


The vessel MSC Virginia, which had earlier arrived from Mundra Port with a draft of 16 meters, departed for Spain after loading approximately 5,000 TEUs of cargo at Vizhinjam, increasing its draft to 16.95 meters.

 

The achievement came as a symbolic gift of Onam to Kerala. Previously, the deepest vessel handled at Vizhinjam had a draft of 16.8 meters. With this operation, the port has now successfully managed 17 vessels with drafts exceeding 16.5 meters, underlining its capacity to accommodate the world’s largest container ships. 

 

Vizhinjam’s natural draft depth of 18 to 20 meters positions it as one of India’s premier deep-water transshipment hubs, further boosting its profile in the global maritime community.

 

DGMA to blacklist 86 foreign vessels over abandonment of Indian seafarers

 

The Directorate General of Maritime Administration (DGMA) is set to blacklist 86 foreign vessels for their role in the abandonment, detention, and arrest of Indian seafarers, in what officials describe as a decisive step to safeguard seafarers’ rights and India’s reputation as a major global crew supplier. 

 

Under a draft proposal issued on September 5, Recruitment and Placement Services License (RPSL) holders will be barred from recruiting, deploying, or engaging Indian seafarers on these vessels.



 Companies will also be required to ensure that Indian crew currently on board are signed off at the earliest port of call and repatriated safely with full settlement of wages and entitlements. 

 

RPSL firms linked to these ships must submit detailed reports on seafarers deployed, their employment records, repatriation status, and pending wages with documentary proof.  Failure to comply will attract strict action, including suspension or cancellation of licences, blacklisting of agencies, and legal proceedings.

 

India strengthens Central Asia outreach via strategic Chabahar Port in Iran

 



India is ramping up its Connect Central Asia policy with renewed focus on the Chabahar Port in Iran, amid evolving global trade dynamics and shifting diplomatic alignments. 


National Security Advisor Ajit Doval held a phone conversation with his Iranian counterpart, Ali Akbar Ahmadian, yesterday to discuss regional developments and bilateral cooperation, including progress on the Chabahar project. 


The Shahid Beheshti terminal at Chabahar, located on the Gulf of Oman, is considered a key trade gateway, offering India direct access to Afghanistan and Central Asia while bypassing Pakistan.

 

In May 2024, India signed a 10-year agreement with Iran to equip and operate cargo and container terminals at the port. 

 

According to India’s Shipping Ministry, a total of ₹400 crore has been allocated for Chabahar since FY 2016-17, with ₹201.51 crore already spent. The port saw a 43% rise in vessel traffic and a 34% increase in container traffic during 2023-24.

 

Analysts note that Chabahar’s strategic relevance has grown as China scales back investments under its Belt and Road Initiative, including elements of the China-Pakistan Economic Corridor, citing debt and security concerns.

 

This could reduce Pakistan’s leverage in regional transit discussions involving Iran and India.

 

Chabahar is increasingly being seen as a linchpin in India’s efforts to strengthen economic and strategic ties with Central Asia, enhancing trade connectivity in a rapidly shifting geopolitical landscape.

 

PIL launches QwiikPay, a new integrated payment solution in PocketPIL



Pacific International Lines (PIL) has introduced QwiikPay, a new digital payment solution embedded within its booking platform, PocketPIL. Developed in collaboration with Qwiik, a Singapore-based shipping agency platform, QwiikPay aims to make payments faster, easier, and more transparent for exporters. 

 

The service is being launched first in Indonesia this month and will gradually be rolled out across PIL’s global network. With QwiikPay, exporters can: View invoices in real-time, Make secure local payments directly within PocketPIL, Enjoy faster cargo release and service delivery. 

 

By eliminating the friction of manual local payment processes, QwiikPay enables real-time payment settlements, enhancing operational efficiency and improving customer experience. 

 

“QwiikPay underscores our commitment to customer-centric digital innovation and our ongoing efforts to simplify the shipping journey for our users,” PIL said in a statement 

 

 

HSBC: US port fee regime could cost COSCO, OOCL over $2.1bn in 2026



Chinese state-backed shipping majors COSCO and its Hong Kong-listed subsidiary Orient Overseas Container Line (OOCL) could face a combined bill exceeding $2.1bn under the looming US port fee regime, HSBC has warned. 

 

The United States Trade Representative (USTR) is expected to roll out new port charges targeting Chinese-linked tonnage from October 14, although final rules are still awaited. Customs & Border Protection is said to be working on the fee collection system. 

 

Analysis suggests COSCO may incur around $1.5bn in additional costs in 2026—equivalent to 5.3% of projected revenues—while OOCL’s bill could reach $654m, or 7.1% of its forecast revenues. The bank’s model is based on a fee of $600 per feu on a 10,000 teu vessel, more than a quarter of the current Shanghai–US West Coast spot rate.

 

To mitigate the hit, COSCO and OOCL are expected to lean on Ocean Alliance partners CMA CGM and Evergreen, deploying more Korean and Japanese built vessels on the trans-pacific trade, while Chinese built tonnage is shifted else where.  Carriers are also exploring alternative routings through Mexico, Canada and Caribbean hubs – moves already visible in newly announced Mexico services.

 

HSBC cautioned that such network reshuffles could tighten available capacity, with operators holding onto older non-Chinese built vessels rather than scrapping them. Nearly 93% of the global fleet over 20 years old falls into this category.

 

OOIL, OOCL’s listed parent, has already acknowledged the “relatively large impact” of the impending charges. The realignment extends beyond containers, with chartering decisions in tanker and dry bulk markets also being reshaped as Chinese built ships divert to other regions.

 

Wallenius Wilhelmsen secures $100m logistics contract in Australia


Wallenius Wilhelmsen has secured a major logistics contract in Australia with a leading automotive manufacturer, a deal expected to generate more than $100 million in revenues. Under the three-plus-one-year agreement, the Oslo-listed RoRo and logistics group will provide vehicle processing services across Melbourne, Brisbane, and Perth. 

 

Pia Synnerman, Chief Commercial Officer at Wallenius Wilhelmsen, said the partnership would give the customer “better oversight of its logistics” while reinforcing the group’s own growth ambitions in Oceania. The deal comes as the company continues to strengthen its footprint in the region through integrated shipping and land-based logistics services.

 

Earlier this year, Wallenius Wilhelmsen sold its stake in Melbourne International RoRo & Auto Terminal (MIRRAT) to Australian Amalgamated Terminals, a subsidiary of logistics giant Qube. Despite the divestment, the company confirmed it will continue to use the terminal for its operations.

 

The latest agreement underscores Wilhelmsen’s strategy to expand its rold as a comprehensive logistics provider in Oceania, a market of growing importance for global automotive supply chains.

 

New cargo safety report finds over 10% of shipments flagged for deficiencies



Despite misdeclared cargoes making more and more headlines, leading to deaths and vessel losses, new data published today shows more than one in 10 shipments have deficiencies, an alarming upward trend. 

The World Shipping Council (WSC), liner shipping’s lobby group, has released a new report summarising deficiencies found in government cargo inspection programmes, reviving a data series that the International Maritime Organization (IMO) discontinued last year. 

 

The 2024 report shows that 11.39% of inspected cargo shipments were found to have deficiencies, up slightly from the IMO’s final 2023 figure of 11%. 

 

These include misdeclared and undeclared dangerous goods, incorrect documentation, and improper packing – all of which can lead to serious safety incidents, including ship fires. 



According to Lloyd’s Register, such misdeclaration ranks as the third-largest cause of containership accidents. Undeclared heavy boxes placed aloft can render a ship in trouble, driving excessive rolling, stack stress and box losses. Even more deadly, improperly declared chemical cargoes risk thermal runaway and explosions at sea – events crews are neither trained nor equipped to tackle.

 

The WSC has submitted its consolidated results in a paper to the IMO’s sub committee on carriage of cargoes and containers meeting, which starts today.

 

/////       AIR  CARGO   NEWS   /////

One Air’s scheduled freighter services underway



One Air Boeing 747-400 Freighter

A One Air Boeing 747 Freighter flew from Hong Kong to the UK’s East Midlands Airport on September 4 with a full payload of 109 tonnes – marking the launch of the company’s first ever scheduled freighter flights.

Operated on behalf of affiliated sales arm Air One, the four-times-weekly service is aimed at time-sensitive cargo such as e-commerce and electronics. The company said the launch of scheduled operations marked the “start of a new chapter” for the business.

Flights depart Hong Kong late in the evening, arriving at East Midlands early the next morning for onward distribution across the UK via Swissport’s road feeder services, including to hubs such as Heathrow, Manchester and Birmingham.

Air One operated over 3,000 747F charter flights between January 2020 and August 2025, linking Hong Kong with 35 destinations worldwide and transporting over 300m kg of cargo. The company has now established a permanent Hong Kong office under director Far East Spencer AuYeung.

Air One chief commercial officer Peter Scholten said: “Launching scheduled services is a significant step in AIR ONE’s development and adds a third pillar to our service portfolio alongside wet lease and charter operations.

“Hong Kong has always been a vital market for us, and this new route provides the foundation for a broader scheduled operations strategy. By 2026, Air One plans to expand frequencies from Hong Kong and add further routes to its network.”

Air One, the customer-facing brand of Air One International Holdings, is a global network of cargo airlines and aviation companies offering flexible airfreight capacity through long-term charters, ACMI solutions and scheduled services.

The group manages the commercial activities of subsidiary airline AeroTransCargo SRL (Moldova), as well as its affiliated partners, RomCargo Airlines (Romania) and One Air (United Kingdom). Combined, this represents a widebody fleet consisting of 11 Boeing 747-400 Freighters and now the first 777F.

Air One operates through a network of offices in London, the UAE, and Hong Kong. 

Cargo worker dies in tragic Sydney Airport incident

A cargo worker at Qantas’ Sydney International Freight Terminal at Sydney Airport on Sunday lost his life after being struck by a vehicle. 

The man, who has not been named but is thought to be in his 40s, died at the scene despite the best efforts of paramedics. The incident is not being treated as suspicious. 


Sydney Airport

In a statement, Qantas Freight said: ”Qantas Freight is deeply saddened to confirm a serious incident occurred at the Sydney International Freight Terminal yesterday, in which a worker tragically lost their life.

"Our deepest condolences go to the individual’s family, friends, and colleagues. We are working with the Sydney terminal team and authorities to provide support and ensure privacy is respected during this difficult time.”   The company said that the terminal remains open, but service disruption is expected as the company works through a backlog, with high-risk cargo being prioritised.

"The immediate priority is the wellbeing of our people," Qantas Freight said. "Support services have been made available to all team members, and we continue to provide resources to those who need them."  The company added: "Our teams are focused on minimising impacts and maintaining service continuity."

Etihad Cargo sees revenues improve

Etihad Cargo saw its revenues increase in the first half of the year, while cargo volumes also improved but by a lower amount. The Abu Dhabi-headquartered cargo business reported a 9% increase in revenues to $551m, while cargo volumes were up by 1% to 322,000 tonnes.


Photo: Etihad Cargo

Stanislas Brun, chief cargo officer, Etihad Airways, said: “These results demonstrate that Etihad Cargo is delivering sustainable performance by focusing on premium products, agile network planning and close partnerships with our customers. Adaptability and customer-centricity remain central to our success.”

During the first half, the carrier also expanded its cargo capacity by 8% year on year with the addition of a sixth Boeing 777 freighter operated by Atlas Air as well as extra belly-hold space.

Etihad's overall operating fleet increased by 13 to 106 aircraft by the end of the first half.

The airline also deepened its strategic partnership with China’s SF Airlines, establishing a metal-neutral Joint Business Agreement that integrates operations and capacity across key trade corridors.

"This has introduced a weekly Shenzhen–Abu Dhabi freighter service and expanded frequencies on the Abu Dhabi–Ezhou route, raising weekly capacity between the carriers to approximately 630 tonnes,” the cargo business said in a press release.

Etihad Cargo achieved an 89.6% year-on-year improvement in its Delivered As Promised rate through "continuous service reliability".

The overall airline generated a net profit of $306m, up 32%, on a 16% rise in revenues. 

This capacity expansion has allowed its network to increase to nearly 90 routes. Etihad also unveiled an agreement for 28 Boeing 777X and 787 twinjets in the second quarter.

Last year, Etihad was the world's 23rd largest cargo carrier, according to IATA WATS report statistics.

Etihad recently told ACN that it planned to add widebody freighters to build up its freighter capacity ahead of the arrival of the 10 A350Fs it has on order with Airbus.

In total, Etihad plans to eventually operate a fleet of 13 freighters (10 A350Fs and three Boeing 777Fs) once deliveries are complete, seven more than the six freighters it currently offers.

FedEx opens new Istanbul air hub

FedEx opens new Istanbul facility

FedEx has opened a new “global air transit facility” at Istanbul Airport as Turkey emerges as a “global air cargo powerhouse” and a key hub for cross-border e-commerce.  The facility measures 25,300 sq m and provides air gateway functions, integrated customs clearance teams and office support. Technologies on offer at the facility include an automated sorting system, security screening, and capabilities to handle dangerous goods.

It has three-times the sorting capacity of FedEx’s previous facility, being able to process up to 7,000 packages per hour. Additionally, there are three automated x-ray machines equipped with artificial intelligence to ”further enhance the speed, accuracy, and security of shipment screening”.

In a press release, FedEx stressed the importance of Istanbul at “the crossroads of east and west”.

“Situated at the intersection of Europe, Asia, and Africa, Istanbul is uniquely positioned to serve as a strategic logistics hub,” FedEx said. ”This new facility connects Turkey with 30 weekly FedEx flights to and from key markets in the US, Europe and the Middle East and provides capacity for future network growth through the region.

”The location further integrates the global FedEx air network into the FedEx road network, one of the largest in the region, linking 45 countries and handling 1.3m shipments weekly.”

The express firm added that Istanbul Airport was last year Europe’s busiest air cargo hub and handled nearly 2m tons of cargo, up 24% year on year.

“This new facility in Istanbul is a strategic move for FedEx, further integrating our global air and ground networks and delivering the scale and flexibility our customers need in a dynamic trade environment,” said FedEx chief operating officer Richard Smith.

“It is also a key step in unleashing the power of our combined networks to create long-term value and capture growth in the global airfreight market.”

Selahattin Bilgen, chief executive officer, iGA Istanbul Airport, said: “This major investment strengthens our position as a key player in global cargo and e-commerce operations and supports our long-term vision of becoming a world-leading airport in air cargo, with a targeted handling capacity of over 5m tons.

”It’s a great pleasure to welcome FedEx as a strategic partner in our ambitious growth plans, and we look forward to building on this collaboration in the months and years ahead.”

DHL Express speeds up Helsinki operations with new facility

DHL Express’ new Helsinki facility

DHL Express Finland has opened a new logistics centre at Helsinki-Vantaa Airport (HEL) that will help speed up aircraft loading and unloading.

The express firm said its new facility at HEL has direct access to the airport apron to enable shorter aircraft loading and offloading times, while it is also equipped with an automated sorting system capable of processing 6,500 parcels per hour.

It will more than double the firm’s current operational area.

The 16,000 sq m facility also has 90 direct loading bays with electric vehicle charging, advanced x-ray scanning technology and will utilise geothermal heating, solar panels, and energy-efficient technologies to be carbon neutral.

”The new gateway represents the largest investment in DHL Express’s history in Finland — totaling approximately €100m in new facilities and technology in the Aviapolis area,” DHL Express said.

The new facility will handle international, European, national, and local parcels transported via air or road, ranging from urgent to less urgent deliveries.

The first customer deliveries from the facility are set to begin in October 2025.

“The new gateway is designed to meet the needs of Finnish business. It enables more efficient and environmentally friendly operations and provides our staff with modern and comfortable facilities. This investment supports growth and helps Finnish companies reach international markets,” said Oktay Nuri, managing director at DHL Express Finland.

The new Helsinki gateway is part of an extensive DHL Express network infrastructure improvement programme. A corresponding gateway facility is currently being built in Munich, and a new Nordic Express hub was opened in Copenhagen in 2023. In Finland, a new 5,000 sq m express terminal was completed in Pirkkala in 2019.

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 1Branches  : Chennai, Bangalore, Mumbai, Coimbatore, Tirupur and Tuticorin.

Associate Offices : New Delhi, Kolkatta, Cochin & Hyderabad.

 

Thanks  to  :  Container  News,  Indian Seatrade, Cargo Forwarder Global  &  Air Cargo News. 

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