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 December 17,
2025
Today’s
Exchange Rates
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CURRENCY▲ |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
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91.03 |
0.290001 |
0.319595 |
90.79 |
90.74 |
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|
1.1775 |
0.0022 |
0.187187 |
1.1753 |
1.1753 |
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|
122.0691 |
0.600998 |
0.494778 |
121.3304 |
121.4681 |
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|
107.0135 |
0.461693 |
0.433304 |
106.6786 |
106.5518 |
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154.617 |
0.612991 |
0.394892 |
155.23 |
155.23 |
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|
1.3419 |
0.0043 |
0.321471 |
1.3376 |
1.3376 |
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98.208 |
0.100998 |
0.102735 |
98.268 |
98.309 |
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|
|
0.5882 |
0.0029 |
0.495463 |
0.5846 |
0.5853 |
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/// Sea Cargo News ///
Suez
Canal successfully transits floating dock GREEN DOCK 3
Admiral Ossama Rabiee confirmed the successful transit of the floating dock GREEN DOCK 3 through the Suez Canal.
Five tugboats supported the operation. The
tugboat PERSISTENCE towed the dock from the front. Four SCA tugboats guided it
from the sides and rear. The doc sailed with the southern convoy.
The voyage began in Indonesia. The destination is Turkey. The dock passed safely through the Red Sea and Bab el-Mandab Strait before entering the Canal.
The transit took 24 hours. The floating dock
does not move on its own. This required special navigation procedures.
GREEN DOCK 3 measures 290 meters long and 57
meters wide. Its draft is 8 meters. It weighs 42,000 tons. It is one of the
largest towed docks to transit the canal.
Admiral Rabiee said this operation proves the
Canal can handle unconventional marine units. He praised SCA pilots and tug
crews and said their experience ensures safe navigation.
Also, he added that the transit reassures
global shipping lines. It proves navigation in the region remains safe and
stable.
He stated that the New Suez Canal offers
ideal conditions for special operations. The channel is straight, with fewer
curves. The Southern Sector Development Project widened the Canal by 40 meters.
This allows larger vessels to pass safely.
Rabiee also highlighted the economic impact.
The Canal route saves 6,000 nautical miles compared to the Cape of Good Hope.
This cuts distance by 48%. It reduces fuel use and operating costs. It also
cuts emissions by about 996 tons of CO2. Rabiee thanked the Canal’s teams for
their co-ordination and professionalism.
Captain Viktor Kishilan, Master of the
tugboat PERSISTENCE, thanked the Suez Canal Authority. Moreover, he confirmed
the journey from Indonesia was safe and the Canal saves time and costs.
Lastly, he described the Suez Canal as the
best route between East and West. He called it essential to global trade.
Bangladesh approves import permits
There is good news for onion-producing
farmers. Bangladesh has finally decided to allow onion imports from India. This
decision will directly benefit onion-producing farmers and onion exporters in
India. Bangladesh has announced the allocation of 50 import permits with a
daily capacity of 30 tons starting from December 7.
It has been revealed that only importers who
have already applied will receive these permits. According to the information
received, permission has been granted to export approximately 15,000 quintals
of onions from India to Bangladesh daily. The state president of the Onion
Producers Farmers Association, Bharat Dighole, has welcomed this decision,
stating that this step will boost onion prices and provide some relief to
farmers.
Due to the long term decline in onion prices,
farmers were in a difficult situation. With increased exports, demand in the
market will rise and onion prices are expected to remain stable, as expressed
by farmer organisation.
China posts record $1 trillion annual
trade surplus as export surge offsets weak U.S. demand
China closed November with a landmark
economic achievement, recording an annual trade surplus exceeding $1 trillion
for the first time. Official data released on Monday shows that strong export
performance in markets outside the United States compensated for sharply
declining American demand.
The milestone comes just weeks after
Presidents Xi Jinping and Donald Trump agreed to a temporary pause in their
long-running trade dispute during a late-October meeting.
The truce halted the punitive tariffs and
export controls that had rattled global supply chains and triggered a cycle of
retaliatory measures. Despite the easing of tensions, China’s exports to the
United States continued to deteriorate in November, plunging 28.6% to $33.8
billion.
However, exports to other regions remained robust,
lifting overall shipments by 5.9% Y-o-Y, reversing October’s slight dip and
surpassing Bloomberg’s 4% growth forecast.
According to Zichun Huang of Capital
Economics, the strength in non-US markets more than compensated for the
American decline. “Exports are likely to remain resilient, thanks to trade
re-routing and rising price competitiveness as deflation pushes down China’s
real effective exchange rate,” AFP quoted him saying.
With November’s number added, China’s
cumulative trade surplus for the first 11 months of the year reached $1.08
Trillion, already surpassing the full year total for 2023, Huang expects the
surplus to expand further in 2025.
Rising Trade Tensions With Europe : China’s widening trade advantage is expected to
increase friction with Western partners. French President Emmanuel Macron,
following a recent state visit to Beijing, warned in an interview with Les
Echos that Europe may impose tariffs if China fails to narrow its significant
trade imbalance with the EU. “Europeans will be forced to take strong measures
in the coming months,” Macron said.
Hutchison Ports Thailand reaches 50
million TEUs milestone
Hutchison Ports Thailand (HPT) has surpassed
50 million TEUs of containers handled since its establishment, setting a new
benchmark in Thailand’s maritime and logistics sector.
Looking ahead, HPT is preparing to launch the
next chapter of its development with the completion of the highly
automated Terminal D. Developed under the Eastern Economic Corridor
(EEC) framework, Terminal D will be fully operational in early 2026.
It will support Thailand’s growing economy by
boosting capacity and introducing next-generation technologies. Terminal D will
comprise a 1,700-metre berth and a depth of 16 metres at
mean sea level, enabling it to accommodate the world’s largest container
vessels. Operations will be powered by advanced digital systems, including the
Terminal Operating System n-Gen, Gate Automation and digitalised work-flows.
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Port of Melbourne CEO, Saul Cannon, said : “The
2025 Sustainability Report reflects our commitment to creating long term value
for Victoria – its people, environment and economy. Looking ahead, we intend to
deepen our collaboration with Government, industry and the broader
Community to drive even greater impact. As
demand for trade continues to rise, we remain focused on embedding
sustainability into our operation and growth, ensuring we deliver not only for
today but for Victoria’s future”.
Earlier this summer, the Cook Government allocated
AUD 204 Million in the 2025-26 State Budget to upgrade port infrastructure
across Western Australia.
Diana Shipping secures capesize
charter with Glencore
Greek dry bulk owner Diana Shipping has fixed
its 2013-built capesize on a new period charter with Glencore Freight, securing
cover through at least late 2026. The 2013-built P S Palios will earn
a gross rate of $25,200 per day, less 5% commission, for a period running to
November 15, 2026, with an option for Glencore to extend for two more months.
The new employment begins December 14, 2025,
replacing the 179,134 dwt ship’s current fixture with Bohai Shipping, which
started in May 2024 at $27,150 per day. Diana Shipping said it expects the
contract to generate around $8.34m in revenue for the minimum charter
period.
The deal adds to a run of period activity by
the Athens-based owner. Last week, Diana secured multi-year employment for two
ultra-maxes at slightly higher rates than their previous charters.
India approves AEI's STC for 737-800SF
freighter conversion
DGCA
certification adds to existing AEI 737-800SF STC approvals from other
authorities as Indian cargo operator takes delivery of converted freighter.
Aeronautical
Engineers, Inc. (AEI) has secured Supplemental Type Certificate (STC) Approval
from India’s Director General of Civil Aviation (DGCA) for its Boeing 737-800SF
freighter conversion.
The
737-800SF STC (ST02690LA) approval from DGCA adds to previous approvals
from the FAA, CAAC, EASA, TCCA, UK CAA, CAACI (Cayman Islands) and DCA
(Guernsey), as well as Brazilian, and Argentinian ANAC approvals, said the
Miami-based freighter conversion company.
Chennai-based
cargo airline Afcom Holding has leased a previously converted AEI
737-800SF (MSN 33003) and will operate the aircraft out of India to various
destinations in Asia. The lease was the impetus for AEI to gain approval with
the DGCA, said AEI. Robert Convey, AEI senior vice president of sales and
marketing, elaborated: “This STC Validation will allow Indian cargo operators
access to the industry leading AEI B737 800SF and a path towards greater
profitability through affordability.
“With
India’s e-commerce and express markets continuing to grow, the B737-800SF will
provide operators with the right blend of payload, volume, and economics to
compete in an ever-changing world.”
The
AEI-converted 737-800SF freighter offers a main deck payload of up to 52,700
lbs. (23,904 kg) and incorporates eleven full height 88” x 125” container
positions, plus an additional position for an AEP/AEH.
The
conversion also incorporates new floor beams aft of the wing box, a
flexible Ancra Cargo Loading System and a 86” x 137” main cargo door with a
single vent door system.
AEI said
its design allows for containers to be loaded into the aircraft a full 16.5”
aft of the forward door jamb, ensuring ground operators have sufficient
maneuvering room. This minimises potential door and aircraft strikes, stressed
AEI.
In
October, AEI announced it had begun developing a conversion programme for Boeing 737-900ER aircraft, with
a planned launch date of 2029.
ANAC approves additional frequencies for Bringer's
Miami-Navegantes route
767-300F LATAM flight
for Bringer Air CargoThe Brazilian
Federal Aviation Authority (ANAC) has granted additional flight
frequencies for Bringer Air Cargo’s (BAC) service between Miami
International Airport (MIA) and Navegantes International Airport
(NVT) in Santa Catarina, Brazil.
This
approval follows BAC’s first international widebody freighter flight to land directly at NVT on 26 November. The airline
had said initially there would be weekly frequencies, but it planned to
expand to three or four weekly flights as market demand increases.
The LATAM
Airlines Boeing 767-300F used for the flight offers a payload capacity of up to
50 tons and was operated under Bringer's air cargo programme.
The
authorised additional frequencies enable Bringer Air Cargo to expand its
scheduled operations on the MIA–NVT route and enhance its charter flight
offerings, including direct landings in NVT from airports around the world. The
additional capacity will enable more flexibility for specialised logistics
options.
“This
approval from ANAC is a major milestone for Bringer Air Cargo and an important
step in supporting global supply chains,” said Eduardo De Castro, president.
“The
success of our inaugural wide-body operation into Navegantes demonstrated how
critical this corridor is for shippers across the Americas. With these added
frequencies, we are well positioned to meet rising demand and deliver even
greater value to our customers worldwide.”
The
MIA–NVT route provides a strategic gateway for cargo moving between
the US, Brazil, and neighbouring markets, offering access to Santa Catarina’s
manufacturing, technology, and distribution hubs.
Bringer
offers charter services, alongside general and specialist transport of
shipments. The company offers capacity on a variety of cargo aircraft,
including Boeing 747Fs, 767Fs and 757Fs.
Swissport Malpensa scales up to 100
tonnes of cargo per day
Handler's
4,000 sq m warehouse operation demonstrates rapid scaling capabilities as
facility prepares for export flows and expanded cargo services.
Swissport
has marked a major milestone at its newly launched Milan Malpensa
Airport (MXP) cargo operation, increasing throughput from nine tonnes per
day at the start of activities to up to 100 tonnes per day in just five months.
The cargo
handler announced in June that it would launch cargo handling operations at MXP. The Malpensa
operation, located in a newly refurbished 4,000 sq m second-line warehouse
within the World Trade Center (WTC) complex, was initially focused on import
handling, pre-customs clearance, and express distribution.
The
facility is now preparing to expand into export flows and broader general cargo
services. Marina Bottelli, Swissport’s country manager for Italy, said:
“Scaling from nine to 100 tonnes per day in such a short time is a clear
demonstration of Swissport’s ability to deploy harmonised global standards,
advanced handling processes, and high-performing teams.
"Malpensa
is a critical cargo gateway for Italy and Europe, and this success reflects our
commitment to delivering reliable, efficient, and seamless cargo flows for our
customers across the region.”
Swissport
said the milestone reinforced the company's long-term strategy in
Italy, where the company is pursuing growth across cargo handling, ground
operations and lounge hospitality. As well as MXP, Swissport has been operating
at Milan Linate Airport (LIN) since October 2022, providing ground
handling services such as check-in and boarding services and operating the Lost
& Found and VIP lounges.
Prestwick comes top in airfreight at
Logistics UK awards
Scottish
airport recognised for sustained cargo growth driven by new airline
partnerships, scheduled services and expanded handling capacity
Glasgow
Prestwick Airport emerged the Air Freight Business of the Year winner at
Logistics UK's Logistics Awards 2025.
The
Scottish airport cinched the award ahead of fellow shortlisted companies,
cargo.one, Chapman Freeborn Airchartering, FyUs Aviation Group and Uniserve.
Prestwick
has seen sustained cargo growth this year, helped by serveral new
airline partnerships and scheduled services, as well as investment in its
handling capacity.
“This
award reflects the discipline and focus shown by our entire team over the past
year,” said Ian Forgie, chief executive, Prestwick.
“We have
grown our network, built strong partnerships, and delivered reliable
performance at a scale that has changed what Prestwick can offer to the
market.”
Nico Le
Roux, Prestwick’s business development director, accepted the award on
behalf of the airport at the ceremony held last night at the Park Plaza
Westminster Bridge, London.
Now in its
ninth year, the annual Logistics Awards recognise the achievements of
businesses and individuals who have made a significant contribution to the
logistics and supply industry in the past twelve months.
This
year’s event, supported by Crown Oil, saw entries from the road, rail, sea and
air industries, all displaying outstanding commitment, knowledge and expertise
of their sectors.
The full
list of Logistics Awards 2025 winners are:
International
Logistics Business of the Year (sponsored by Motive): Currie Solutions
Group
Highly
commended: Harrison Spinks and Universe
Public
Services Operator of the Year: M6toll (Midland Expressway Ltd)
Most
Innovative Company of the Year: Gregory Distribution Ltd
Highly commended: Palletline Ltd
Freight by
Water Business of the Year: Port of Dover
Highly commended: Ellerman City Liners
Decarbonisation
Initiative of the Year (sponsored by Close Brothers): Evri
Highly commended: Grid Smarter Cities in partnership with Southwark
Council
Logistics
Technology Provider of the Year (sponsored by Depot Connect
International): Parcelly
Highly commended: Microlise
Van
Business of the Year (sponsored by Logistics UK Recovery Service):
Tesco.com
Highly commended: Efret and Northgate Vehicle Hire
Logistics
Partner of the Year (sponsored by Crown Oil): Uniserve and Sainsbury’s
Highly commended: Aramex UK
Air
Freight Business of the Year: Glasgow Prestwick Airport
Diversity
and Inclusion Initiative of the Year (sponsored by Port of Dover): GXO
Highly commended: National Grid
Rail
Freight Business of the Year (sponsored by Howard Tenens Logistics): DP
World
Highly commended: Tesco distribution Rail Network
Warehousing
Business of the Year: Howard Tenens Logistics
Highly commended: XPO Logistics
Last Mile
Delivery Business of the Year (sponsored by Wise): Life Couriers UK
Most
Innovative Product of the Year (sponsored by Palletways): Collett &
Sons Ltd’s Blade Adaptor Trailer
Safety in
Logistics Initiative of the Year (sponsored by DP World): Pallet-Track
Ltd
Rising
Star of the Year: Beth Baxter, Fleet Coordinator, Swain Container
Solutions and Elliott Lancaster, Innovation Manager and PhD candidate, Omnes
Global/Keele University
Logistics
Leader of the Year (sponsored by Flexis): John Trenchard, Vice President
Commercial & Supply Chain, DP World
Highly commended: James Stephens, VP Corporate Affairs UK & Ireland, DHL
Supply Chain
Road
Transport Operator of the Year (sponsored by Brigade Electronics UK):
Woodland Logistics
Logistics
UK’s Lifetime Achievement Award: Malcolm Wilson, former CEO, GXO
Logistics
The
evening also saw Lee Thompson-Halls, fleet transport manager, Brocklesby Ltd
announced as the winner of Logistics UK’s Transport Manager of the Year
competition for 2025, sponsored by Samsara.
Logistics
UK chief executive Ben Fletcher said: “Every year we are proud to host the
Logistics Awards, showcasing the widespread skills, talent and expertise of our
industry. The quality of entrants was extremely impressive and acts as a
reminder of the exceptional organisations and individuals working in the sector
today.
“Those who
were shortlisted for awards should feel proud of themselves and their
achievements: competition was stiff, and judges had a tough job on their hands
determining the winners.”
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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