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

 

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

 

Corporate News Letter for  Wednesday  October 15,  2025

Today’s Exchange Rates

CURRENCY▲	PRICE	CHANGE	%CHANGE	OPEN	PREV.CLOSE
USD/INR	88.79	0.110001	0.124042	88.75	88.68
EUR/USD	1.1581	0.0011	0.095079	1.157	1.157
GBP/INR	117.8127	-0.457603	-0.386913	118.4275	118.2703
EUR/INR	102.6028	-0.207001	-0.201343	102.7327	102.8098
USD/JPY	151.972	-0.307999	-0.202258	152.28	152.28
GBP/USD	1.3292	-0.0041	-0.307505	1.3333	1.3333
DXY Index	99.402	0.133003	0.133983	99.279	99.269
JPY/INR	0.5842	0.0017	0.291853	0.5825	0.5825

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CMA CGM announces FAK rates from Asia to the Mediterranean and North Africa effective October 15–31

CMA CGM published new Freight All Kinds (FAK) rates on October 10, 2025, for shipments moving from all Asian main ports to Mediterranean and North African ports, effective from October 15 (B/L date) to October 31, 2025. 

The carrier lists the following “quantum in USD”: West Mediterranean at $2,300 per 20' and $2,900 per 40' & 40'HC; Adriatic at $2,500 and $3,100; East Med at $1,900 and $2,900; Black Sea at $2,000 and $3,000; North Africa at $3,800 and $5,500. 

The scope covers Dry, OOG, and Paying Empties cargo. The notice provides prices and scope only; it does not include comparisons with previous levels, details of any surcharges, or other terms beyond the stated validity window and corridors.

CMA CGM S.A.is a French registered shipping and logistics group organised as a societe anonyme. The company operates globally across liner shipping and related logistics services and is head quartered in Marseille, France.

India and Russia are in advanced discussions to collaborate on building Arctic-capable cargo ships

India and Russia are in talks on the construction of ice-class vessels that can carry cargo on the Northern Sea Route, said a senior official of Vladimir Panov, Special Representative for Arctic Development at Russia’s integrated atomic power major Rosatom State Corporation.

He also said Russia is considering cooperation in the field of crew training for advanced vessels and supports the signing of a bilateral memorandum in this area. “Cooperation with India on the Northern Sea Route is carried out within the framework of the intergovernmental format – the Russian-Indian Working Group on Cooperation in the Northern Sea Route under the Intergovernmental Russian-Indian Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation.

Oil Removal from Sunken MSC Elsa-3 Completed; Vessel Declared Wreck

Director General of Shipping Shyam Jagannathan has confirmed the successful removal of bunker oil from the sunken Liberian-flagged container ship MSC Elsa-3, which went down off the Kerala coast on May 25, 2025.

The vessel, now officially declared a wreck, had over 300 metric tonnes of furnace oil and diesel extracted through a hot tapping operation supervised by the Principal Officer of the Mercantile Marine Department (MMD). 

“The major risk of an oil spill has been eliminated,” Jagannathan said, noting that the preliminary environmental threat from 367.1 tonnes of furnace oil and 84.44 tonnes of diesel onboard has been neutralised. 

The ship sank approximately 14.6 nautical miles off Thottappally in Alappuzha district after developing a severe list while en route from Vizhinjam to Kochi.

It was carrying 643 containers, including 13 with hazardous materials – 12 filled with calcium carbide and one with organic chemicals. The presence of calcium carbide posed a danger as it reacts violently with water to release flammable gas.

Jagannathan said the salvage effort represents a major milestone in India’s maritime disaster response, highlighting enhanced capability in managing complex underwater operations. The focus will now shift to long term ecological monitoring and holding the shipping company accountable.

Russia to boost sunflower oil exports to India

 Russia – the world’s leading sunflower oil producer – is planning to increase exports to India in a bid to replace Ukrainian supplies that are being redirected to Europe, according to a Reuters report quoting the state agricultural export agency. 

India was a major buyer of Russian energy, and the two countries had maintained close ties despite pressure from the USA on India to curb purchases, the 26 September report said. The USA has imposed 50% tariffs on Indian goods, prompting India to seek alternative trading partners. 

“Russia may strengthen its position in sunflower oil exports to the Indian market in the 2025/26 season. This could occur as Ukrainian suppliers shift their focus from Asia to Europe,” agricultural export agency Agro-export said in a statement.

 

Russia is set to export a record 5 Million tons of Sunflower oil in 2025-26 and India is the biggest buyer, accounting for a third of total exports, according to Dmitry Rylko, the head of Consultancy JKAR.

A record sunflower crop was forecast in Russia this year, as more farmers switched from wheat, the country’s largest agricultural export, which was viewed less profitable, the report said.

India imports soyabean oil and sunflower oil from Argentina, Brazil, Russia and Ukraine.  “India is the world’s biggest importer of edible oils and is open to the idea of increasing sunflower oil imports from Russia,” an Indian government source told Reuters.

Mikhail Maltsev, Head of Russia’s Oils and Fats Union, said vegetable oil production, including soyabean and rapeseed oil, would increase by 7.5% this year to more than 10.5 Million Tons. He also forecast record vegetable oil exports this year.

Port of Philadelphia ranks as North America’s most productive port for the second year in a row

The Port of Philadelphia has been ranked the most productive port in North America for the second consecutive year, according to the 2024 Container Port Performance Index (CPPI) published by the World Bank Group and S&P Global Market Intelligence. 

The port advanced from 55th to 26th place globally, becoming the only U.S. port among the world’s top 50 out of 403 container ports assessed. It also recorded the fourth-largest improvement in global rankings since 2020. 

The CPPI, now in its fifth edition, evaluates vessel turnaround efficiency at 403 ports worldwide, considering docking time, crane operations, and departure schedules. Philadelphia outperformed New York/New Jersey (139th), Los Angeles (359th), and Long Beach (318th).

Over the past decade, Phila Port has attracted more than $1 Billion in public and private investment in modernization, which has strengthened its service capabilities and contributed to regional economic growth.

Recently,Phila Port acquired the 152 acre Mustin Yard property from Norfolk Southern Corporation, adjacent to the South Port Marine Terminal. The purchase secures the last major deep water, rail and operations and generate additional employment.

Phila Port is an independent agency of the Commonwealth of Pennsylvania responsible for managing, maintaining and promoting publicly owned port facilities along the Delaware River in Philadelphia.

Second Phase of Vizhinjam International Port to Begin November 5, Set to Become South India’s Busiest Port

The second phase of the Vizhinjam International Port in Kerala will begin on November 5, with Chief Minister Pinarayi Vijayan inaugurating the project. In a major push to accelerate development, phases two to four will be implemented together and are expected to be completed by December 2028.

Adani Ports will invest approximately ₹10,000 to ₹15,000 crore in this construction, making it the largest PPP investment in the state’s history. Notably, the state government will not need to invest any funds during this phase, and the project is expected to boost Kerala’s economy significantly. 

The second phase involves the construction of a 1,200-metre berth equipped with cranes, a one-kilometre approach channel, development of the container yard and basic infrastructure, construction of a 660-metre multipurpose berth, and 250-metre liquid berths adjacent to the approach channel.

It will also include expansion of liquid cargo storage facilities and the creation of 77.17 hectares of reclaimed land. Once this phase is completed, the port’s annual handling capacity will increase to 4 million containers, making Vizhinjam the port with the highest handling capacity in South India.

This marks a major leap from the first phase, which had a comparatively lower capacity of 1 million containers.

Since the port began operations on July 11, 2024, it has already received 525 ships an dhandled 1.15 million containers as of Saturday.

Vizhinjam has attracted international attention for its ability to accommodate large mother vessels easily and is currently the only port in India where Mediterranean Shipping Company’s European and African services call.By the time the second phase is complete, rail connectivity for cargo movement will also be in place, while facilities for road based cargo transport will be ready soon.

The development of the gateway cargo system is in its final stages, positioning Vizhinjam to become a major trans-shipment and logistics hub in the region.

/////       AIR  CARGO   NEWS   /////

Avianca Cargo adds A330P2F

The Colombian carrier's latest A330P2F will help it meet perishables demand, particularly flower transportation from South America to global markets

Avianca Cargo A330P2F

Avianca Cargo is growing its fleet with the addition of an Airbus A330 passenger to freighter (P2F) aircraft to help support its expanded network and meet demand for flower transportation.

The A330P2F has a capacity of more than 60 tons and will be operated "in synergy with Avianca Cargo México" said Colombia-based Avianca Cargo.

Avianca Cargo-owned Mexican airline AeroUnion launched Avianca Cargo Mexico in June to help connect Mexico and the US west coast with global airfreight hubs.

Two AeroUnion-operated Airbus A330-300 passenger to freighter (P2F) aircraft already provide capacity on services.

Avianca Cargo said that overall, the A330P2F offers fuel efficiency, higher payload and volume capacity compared to other mid-sized freighters, as well as flexibility for medium-haul routes.

Avianca Cargo now has nine freighters in its fleet, including six A330Fs and three A330P2Fs.

“At Avianca Cargo, we celebrate the expansion of our fleet with the arrival of the new A330P2F freighter, an aircraft with more than 13 years of history that now joins us to reaffirm our commitment to connectivity and service," said Diogo Elias, chief executive of Avianca Cargo.

"Today, we reach more than 350 destinations with an expanded network and continue to grow our connections to new markets."

The expanded fleet will help support Avianca Cargo in continuing to meet demand for flower transportation. In 2025 alone, the airline transported more than 100,000 tons of flowers from Ecuador and Colombia to the US, Europe, and Asia.

As part of its commitment to the flower sector, Avianca Cargo has made key investments to strengthen its services. These include its new Jetfloor facility at Medellin Airport (MDE), an 850 sq m space that increased handling capacity by 50%.

The company also reconfigured its Miami cooler facility to keep perishables in optimal temperature conditions, improving service quality and boosting capacity by 83%.

“We are proud to be strategic partners and leaders in flower transport. This year, we reaffirmed our leadership in shipments to the U.S., set a historic record, and achieved 8% growth during peak seasons, outpacing the sector,” Elias added.

Just this month, Avianca Cargo added two weekly freighter flights to Maastricht Aachen Airport to cater for flower volumes.

Exclusive – Cargo volumes go through the roof at BUD

At this year’s BUD Cargo Day, most speakers and panelists highlighted the phenomenal growth in cargo traffic at Budapest Airport (BUD). The remarkable upswing in volumes is the result of a very convincing cargo strategy, reasoned panelist, Michal Grochowski, Director Cargo at LOT Polish Airlines.

It benefits the entire Hungarian economy and creates value, was the unanimous opinion among the 305 participants who attended the trade show.

This year’s BUD Air Cargo Day was the eighth since the yearly trade show was launched – photos: CFG/hs

Máté Lóga, State Secretary for Economic Development and Industry from Hungary’s Ministry for National Economy, also emphasized the driving force of the air freight sector in his opening statement. As evidence of value creation, the politician pointed to the growth in throughput reaching almost 200% over the past five years.

Since Hungary is a relatively small market with only 10 million inhabitants, the airport has focused on becoming a bridge between China and Europe, and to some extent also to the U.S., M. Lóga stated. However, this upward trend is increasingly limited by tariffs and trade barriers. “Nowadays, a growing number of countries are imposing tariffs. This contrasts our policy since our government advocates free trade, an open economy, and liberal traffic solutions.”

Liberal air policy accelerates economic growth
The open sky policy has stimulated new investments and created many jobs, not only at the airport, which is celebrating its 75th anniversary this year, but also at companies that depend on reliable supply chains and have settled in or around Budapest.

This applies above all to the machinery and IT industries, which are now very strongly represented in the region, emphasized Francois Berisot, CEO of BUD Airport, in his welcoming speech to the 300+ participants.

“Outstanding performance”
Among the participants was the outgoing TIACA Chair, Steven Polmans, whose leading role at the organization will be taken over by Ross Bakker at the beginning of 2026. Regarding air freight, Polmans said that he would like to clarify his keynote delivered at BUD Cargo Day in 2024, where he called Budapest a “rising hub”. Given the enormous growth in air freight volumes since then, BUD is now a “leading hub” offering its clients “outstanding performance”, he corrected.

The event was a who’s who of leading cargo figures, such as Jozsef Kossuth, BUD Cargo Chief (left), and Brendan Sullivan, Global Head of Cargo, IATA.

In an online survey orchestrated by moderator, Brendan Sullivan, Global Head of Cargo, IATA, most participants said that speed and reliability are their top priorities when it comes to choosing an air freight capacity provider, followed by real-time tracking, seamless digital integration, state-of-the-art ground infrastructure and handling performance.

Space is becoming a rare commodity
The outcome of this vote sends a clear message to the BUD Cargo team, because when reaching a throughput of 450,000 tons, space becomes a rare commodity at the airport’s Cargo City. New, sustainable solutions are therefore needed to ensure the further growth of containers, pallets and parcels.

This scenario could soon become a reality, as outlined by the Airport’s Cargo Chief, Jozsef Kossuth. By the end of August, 385,582 had been handled at BUD, which translates into a shipment value of one billion euros per month (sic!). Currently, more than 65 full freighters land at Liszt Ference Airport every week, accounting for 80% of the total volume handled there.

This figure was supplemented by two further numbers tabled by Glyn Hughes, Director General of TIACA. According to him, global tourism generates USD 1.4 trillion annually. However, goods transported by air are worth USD 8 trillion. “Our industry should therefore be confident, because its contribution to the global economy has significantly reduced poverty over the past 15 years,” Glyn illustrated.

Stop whining, be more assertive
Markus Klaushofer, CCO BUD Cargo, urged the industry to communicate its achievements more offensively and to stop whining. “We need to show more self-confidence. In Europe, in particular, we still have a very strong industrial base that will remain indispensable to many markets. Once the EU and the Mercosur blocs have ratified their free trade zone agreement, the largest sustainable region on the planet will be born. This offers a multitude of new opportunities for trade and transport,” the manager emphasized.

However, another vote by the participants made it clear that volumes in Budapest will not skyrocket either. Most believe that growth will slow down in the coming years but will remain well above the EU average, driven mostly by e-commerce. They also estimate that the European economy will get a major push once Russia ends its war in Ukraine.

AI is a tool, not more
The future role of AI in air freight was another agenda topic in Budapest. In an online survey, most participants said that AI will help to solve operational issues, when integrated into supply chains.

BUD’s Cargo boss, Jozsef Kossuth added that, as a tool, AI will help to analyze processes, be valuable for providing tailored customer support, and help accelerate the learning curve of employees, however, it will not replace human labor, he stated.

Moderator, Adrian Palangyi, Cargo Development Manager at Budapest Airport, addressed the topic of e-commerce. A survey showed that most attendees expect further growth in the parcel business over the next five years, but with a significantly flattened curve.

At the same time the e-commerce panel was taking place, the Nobel price committee in Stockholm decided that Hungarian writer, László Krasznahorkai, was to be awarded this year’s Nobel Prize for Literature. The result of this announcement was resounding applause.

Supply chain threats and no end in sight
However, two other decisions announced shortly after the BUD Cargo Day was over, are unlikely to have been consented by the Budapest attendees: U.S. President Trump’s tariff hike of 100% on Chinese imports to the U.S., which will be levied from 01NOV25. It a counter measure to China’s decision to impose far-reaching export restrictions on rare earths such as magnetic minerals.

This export ban complicates Western efforts to establish their own value chains based on rare earths. Without these metals, no computer chip, smartphone, or electric car will be able to function. The impact of these two measures on international supply chains and thus also on cargo volumes, will become apparent shortly after their introduction – to the detriment of the global economy.

BUD Cargo Day fostered hope in turbulent times

This year’s BUD Cargo Day, held on October 9 at the historic Ferihegy 1 airport terminal, offered a kaleidoscope of current air freight and logistics topics. The event was attended by 305 industry experts, mainly from Eastern and Central Europe, but also from Western Europe, Mexico, and Japan. Top participants were Brandan Sullivan, Global Head Cargo, IATA, and the two TIACA leaders, Steven Polmans and Glyn Hughes. For Polmans, it was his last appearance as TIACA Chairman at an air freight conference, as Roos Bakker will succeed him in this position at the beginning of 2026.

We asked several industry representatives about their motives for attending the cargo event and their views on the outcome of trade show.

We obtained our AOC in DEC2024 from the Hungarian Civil Aviation Authority and started operations with a single A330F in early 2025. In addition to the Airbus freighter, we leased a B747-400F serving routes between China and Budapest. Come November, we will add a B777F to our fleet, the first of five Triple Seven freighters flying on behalf of our airline.

Due to our consistent volume growth, we started to build a bonded warehouse on the agglomeration of Budapest at Vác comprising 33,000 sqm. It has a direct rail link, enabling multimodal transport, because in addition to our four or five cargo flights per week from China to Europe, we are also involved in rail logistics.

To ensure the rapid handling of processes at the future logistics center, 700 robots complemented by automated guided vehicles will be operating there. AGVs and industrial robots can work around the clock, are more precise than humans, and reduce the risk of accidents and, in the medium term, lower handling costs.

What sets Budapest Cargo apart from other airports is the integration of the cargo division into the entire local logistics community, including customs, authorities, freight forwarders, airlines, and shippers. Under the chairmanship of BUD Cargo Director, Jozsef Kossuth, there is a regular, intensive exchange of experiences and opinions.

In our view, this is extremely valuable because changes or adjustments to regulatory requirements, for instance tax issues, are tabled there and suitable industrial solutions can be developed proactively together. As a community, we need to know in advance which rules apply, and what the players need to do to comply with them. Conversely, government officials also need to know what we expect, such as transparency in decision-making and strict security checks on air cargo shipments, including eCom.

From this perspective, the annual BUD Cargo Days are a forum where members of the community can contribute and exchange ideas on stage, in panels, or through bilateral discussions. They also offer an opportunity to look beyond the horizon and learn about the new challenges facing the industry in recent times, such as the elimination of de minimis regulations in the US, and what this means for the players involved. 

Finally, we are very proud to be awarded the IATA CEIV Lithium Batteries Certification as first European Cargo Airline and congratulate freight forwarders and other representatives of the cargo industry who have received a similar award.

Guillermo Nava Villarreal of Monterrey Airport – photo: CFG/hs

Guillermo Nava Villarreal, Head of Cargo Development & Operations at Grupo Aeroportuario Centro Norte, OMA
Some colleagues and I flew from Mexico to Hungary in support of our airport Monterrey, which belongs to the Vinci Group, as does Budapest Airport. Our main motive was to talk to our peers to deepen relations and exchange valuable information, for instance with cargo managers of Lyon Airport in France, who are also part of the Vinci Group and decided to attend the BUD Cargo Day as we have done.

Talking about information exchange, for us, the human factor plays a key role in just about everything we do. Because we are nothing without the support of our people, which also applies to a close relationship with our customers. Following the positive experiences we have had here, I will advocate for Monterrey to organize similar events at other airports belonging to the global Vinci Group.

After all, that includes more than 70 airports operating in 14 countries. What particularly impressed me at Budapest’s Cargo Day was the close cooperation between the airport, particularly its  cargo division, and the local cargo community, including customs. I believe that teamwork that is practiced by BUD Cargo became very clear at this trade show which includes transparent communication structures. This is a key takeaway feature we will bring back home to Monterrey as a result of our participation in the BUD Cargo Day.

Kamilla Kasler of LH Cargo regrets that women play only the third or fourth fiddle at air freight events – picture: CFG/hs

Kamilla Kasler, Country Manager Hungary, Lufthansa Cargo
I have been with Lufthansa Cargo since 1994 and in comparison, to other places, I must say that Budapest is a very cargo-minded airport. This is not least thanks to Jozsef Kossuth, BUD cargo’s helmsman and his team, who we believe are doing a fantastic job day in, day out.

It is also worth mentioning that the ground infrastructure of BUD’s Cargo City is state-of-the art and as an airline we are supported whenever support is needed. This includes trucking solutions because roughly 95% of all exports we generate in Hungary are trucked to either Munich or Frankfurt to be flown to their final destination from there by the Lufthansa fleet either as belly or main deck cargo.

My personal preferred topic is sustainability, where Lufthansa Cargo has been playing in the top league of airlines for some time now. To this end, we specifically target our freight forwarding customers and, together with them, we speak with the shippers of goods. However, we never contact producers directly, but always in combination with a freight forwarding partner.

As an airline, we can only offer airport-to-airport solutions, including ground handling, customs clearance, and packaging. But we do not handle the pre- or post-carriage of goods, which is the responsibility of our road feeder partners.

Lufthansa Cargo currently has a total of five employees in Hungary. In 2012, there were 12 employees. However, colleagues from Bulgaria and the Benelux countries have gradually taken on work packages as needed so that we can continue to offer our customers the service they require.

Finally, I like to mention an aspect that is important to me, and this is addressed to the BUD Cargo team: Their events are very male dominated, as can be seen in the composition of the panels. I would very much welcome a more balanced gender ratio come BUD Cargo Day 2026 and after.

IBS Software and Luxcargo Handling power Luxembourg

Cargolux subsidiary, Luxcargo Handling and IBS Software recently announced their partnership with a view to digitally transforming ground handling in Luxembourg, using IBS’ iCargo Cargo Terminal Operations (CTO).

Unlocking new and efficient ways of working over in LUX. Image: Luxcargo Handling

The handler can currently deal with up to 1,200,000 tons of cargo per year and was looking to upgrade the digital systems in place to steer its ground handling operations. iCargo promises efficiency, transparency, speed, and paperless processes. Yet, how will IBS Software go about preparing Luxcargo Handling for the transition? CargoForwarder Global (CFG) asked Radhesh Menon (RM), Head of Cargo and Logistics Solution at IBS Software, for a few more details.

Digital first functions are on Luxcargo Handling’s menu. Soon, it will benefit from iCargo CTO functions such as barcode scanner enabled operations with real time data capture, data driven processes, real time visibility and control, accelerated adoption of paperless processes, digitized workflows, compliance with industry standards, and eventually meet ONE Record’s standards.

Sébastien Bauce, Executive Vice President at Luxcargo Handling, said: “Partnering with IBS Software will give us the opportunity to leverage digitization to consistently and easily deliver efficient ground handling services. Updating our legacy systems will allow us to have more visibility over our operations, and data, unlocking new and efficient ways of working.”

Radhesh Menon, Head of Cargo and Logistics Solution at IBS Software, commented: “This partnership with Luxcargo Handling, a key and active air freight platform in Europe, shows how the iCargo and iCargo CTO solution can meet the varied needs of air cargo and ground handling operators. We look forward to seeing the new digital capabilities that Luxcargo Handling will leverage as they continue to play a significant role in the successful distribution of global goods.”

IBS Software is now in the process of automating all air cargo transportation in and out of Luxembourg at the heart of Europe, and one of its key cargo hubs. Radhesh Menon answered a series of CFG questions regarding the iCargo CTO implementation.

CFG: Is Luxcargo Handling the first to implement iCargo CTO?

RM: No. IBS Software’s iCargo Cargo Terminal Operations (CTO) solution has already been successfully implemented across several leading ground handling and cargo organizations globally, including major airport and cargo terminal operators in Europe, the Middle East, and Asia-Pacific. Luxcargo Handling — a 100% subsidiary of Cargolux Airlines, one of the world’s largest all-cargo carriers — joins this expanding global user community to leverage a platform proven to drive operational excellence, transparency, and standardization across ground handling processes.

CFG: Has Luxcargo Handling already piloted processes, or is the implementation just starting?

RM: The implementation project commenced earlier this year (APR25) and is currently in its initial phases. The collaboration began with detailed process mapping, systems design, and integration planning. Luxcargo Handling and IBS Software are now working closely to align the solution with specific operational requirements at Luxembourg Airport (LUX). A phased validation and testing approach will ensure that each functional area is optimized before the full go-live in 2027.

CFG: Which core ground handling processes will be digitalized first?

RM: Luxcargo Handling has chosen a “big bang” implementation approach, meaning all critical cargo handling processes will be launched simultaneously rather than in phases. This includes mobility-driven, automation-focused operations designed to significantly reduce paper-based processes. The workflows will feature intuitive, wizard-like navigation and a progressive roadmap toward fully automated, work-order orchestrated processes – ultimately driving optimized, digitally enabled operations. The transformation will create a seamlessly unified business landscape, covering semi-automated warehouse operations, integration with Transport Management Systems for efficient door and dock handling, real-time dashboards for on-floor visibility, and connectivity to regulatory gateways and financial accounting systems. These capabilities will ensure compliance, streamlined billing, and smooth end-to-end operational flow.

CFG: How far along is Luxcargo in adopting IATA’s ONE Record? Will it be ready by 01JAN26?

RM: The iCargo platform is fully aligned with IATA’s ONE Record standards and will be certified for compliance by JAN26. While Luxcargo Handling’s full go-live is scheduled for 2027, it will benefit from these capabilities from day one – ensuring data interoperability and real-time connectivity with customers, partners, and authorities in line with IATA’s digital cargo roadmap.

CFG: Will other airlines benefit from Luxcargo Handling’s implementation of iCargo CTO, or only Cargolux?

RM: Luxcargo Handling serves multiple cargo airlines operating at Luxembourg Airport, in addition to its parent company, Cargolux. The deployment of iCargo CTO will therefore benefit a broad network of international carriers through faster processing, improved service reliability, and seamless digital integration. This project effectively elevates Luxembourg Airport’s position as a digitally advanced cargo hub in Europe.

CFG: How will training be conducted? How many employees will require training?

RM: A comprehensive six-month training program is planned, covering approximately 200 operational and administrative employees. This will include hands-on system workshops, simulation exercises, and role-based certification to ensure consistent user adoption across departments. IBS Software will provide on-site and remote support, as well as a train-the-trainer framework to build long-term internal expertise.

CFG: What is the project budget and expected ROI?

RM: The financial details, including project budget and ROI projections, remain confidential. However, both organizations anticipate strong returns through productivity gains, reduced errors, faster processing times and improved customer satisfaction enabled by the digital transformation.

Thank you, Radhesh, for these insights.

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

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