JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News
Letter for Tuesday January
27, 2025
Today’s Exchange Rates
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/// Sea Cargo News ///
Fleet
Owners Get Three-Year Extension to Meet Ship Age Norms; Deadline Pushed to 2026
India’s fleet owners have secured a three-year extension from the Directorate General of Shipping (DGS) to comply with age norms for existing vessels, pushing the deadline from February 2026 to March 31, 2029.
An additional extension of up to two
years—until March 31, 2031—may be considered, subject to a review based on the
proposed ‘Sustainability Indexing of Ships’, the maritime regulator said. In an
order issued on Wednesday, Director General of Shipping Shyam Jagannathan said
that all “existing vessels”—defined as ships registered under the Indian flag
on or before the date of issuance of the order—will be allowed to operate until
March 31, 2029, irrespective of their age.
Vessels acquired or to be acquired under the
‘Indian Controlled Tonnage’ scheme will be treated at par with Indian-flag
vessels. The sustainability Indexing framework, aimed at aligning fleet
operations with environmental and efficiency benchmarks, will be issued after
wider stakeholder consultations, Jagannathan added.
The extension revises the timelines set under
age norms notified in February 2023, which had granted shipowners three
years-until February 2026-to comply. The norms were introduced to promote the
acquisition of quality tonnage and accelerate the modernisation of the Indian
fleet.
Applicability to Foreign Flag Vessels : To ensure a level playing field, the age
norms also apply to foreign-flag vessels that require licenses under Section
406 and 407 of the Merchant Shipping Act,1958. This includes vessels granted
exemptions and operating in India’s coastal trade-carrying cargo between Indian
ports-or within the Exclusive Economic Zone, whether chartered by Indian
entities or otherwise.
For such vessels, the maximum permissible age
will be determined as of the date of commencement of service or cargo carriage.
Foreign-flag ships exceeding the prescribed entry age will not be granted
permits and must meet qualitative parameters at the time of license
application.
Entry and Exit Age Limits by Vessel Type
@ Second hand oil tankers, bulk carriers,
general cargo vessels : Entry at 20 years – operation permitted up to 25 years.
@ Offshore fleet : Entry at 20 years;
operation up to 25 years except DP2 vessels, which may operate up to 30
years.
@ Exclusive container and cement carriers : Entry at 20 years;
exit at 30 years.
@ Gas and Chemical carriers : Entry at 25 years
and exit at 30 years.
@ Harbour Tugs : Entry at 20 years;
exit at 30 years.
@ Anchor handling tugs, long-tow tugs,
non-self-propelled ocean-going barges : Entry at 20 years; exit at 25 years.
@ Specialised vessels (including diving
support, geotechnical, seismic survey, well stimulation and accommodation
barges):
Entry at 20 years; exit at 30 years.
Passenger vessels, FSRUs, FPSOs, highly
specialised vessels (such as heavy lift installation barges, crane barges, pipe
and cable laying vessels, research vessels and floating docks), dredgers, DP2
diving support and well stimulation vessels and drilling/production units
certified under MODU/SPS Codes have been excluded from the age norms.
Pursh for Modernisation and Green Transition Jagannathan noted that while the average age
of the global fleet is declining, the average age of Indian tonnage is rising,
underscoring the need for urgent modernisation. He added that the age norms
complement the International Maritime Organisation’s strategy to reduce
greenhouse gas emissions by facilitating a gradual phase-out of fossil-fuel
ships and encouraging the adoption of alternative and low-carbon energy
efficient vessels.
The norms align with the government’s
Rs.69,725 Crore package approved last year to bolster the shipping and ship
building sectors.
A government official said Indian flag
vessels would continue to enjoy cabotage benefits along the coast until the
prescribed exit age, unlike foreign-flag vessels. “No foreign vessel can
compete in the same age category, which is expected to increase demand for
flagging vessels under the Indian flag”, the official said.
Karaikal Port Berths
MT Grace, Marks First Vessel Under Tvarur Oils Partnership
Karaikal Port has successfully berthed MT
Grace, a 6,000-metric-tonne vessel carrying crude palm oil, marking the first
vessel handled under its partnership with Tvarur Oils.
The milestone highlights the port’s
increasing importance as a dependable gateway on India’s eastern coast. The
successful operation reflects Karaikal Port’s emphasis on operational
efficiency, safety, and sustainable practices.
Port officials stated that the collaboration
with Tvarur Oils is expected to enhance liquid bulk handling capabilities and
support the growing needs of regional trade and industry. With continued
investments in infrastructure and process optimisation, Karaikal Port remains
focused on facilitating seamless cargo movement and enabling supply chain
resilience for its customers.
Technology-Enabled
Intra-City Logistics Reduces Costs for 73% of MSMEs, Study Finds
Adoption of technology-driven intra-city
goods transportation services has helped nearly 73 per cent of micro, small,
and medium enterprises (MSMEs) in India reduce logistics costs, according to a
new study by the Centre for Digital Economy Policy Research (C-DEP) and IIT
Delhi.
The study, titled ‘Study of
Technology-Enabled Intra-City Logistics for MSMEs,’ was released on Tuesday at
India Habitat Centre. It found that about 95 per cent of MSMEs reported
improved on-time delivery of goods, while more than 61 per cent said digital
logistics platforms reduced time spent on coordination and vehicle procurement.
MSMEs account for almost 30 per cent of
India’s GDP and around 45 per cent of industrial output. With over 63 million
units employing more than 110 million people, these businesses rely heavily on
frequent short-distance movement of small consignments within cities. However,
they face persistent challenges such as high transport costs, unreliable vehicle
availability and frequent delivery delays.
A report released by the government
emphasized that reducing logistics costs is critical for India’s growth
ambitions. It also revealed that 27% of MSMEs expanded their customer base or
served wider geographic areas after accessing on-demand logistics services,
while 48% primarily used them for urgent on priority shipments.
However,
the report raised concerns over regulatory risks under the proposed GST 2.0
framework. It warned that digitally booked intra-city could be classified as
‘local delivery services’, raising GST from 5% to 18%. This could increase
per-trip costs by over 12%, disproportionately affecting MSMEs.
UAE’s Dubai Food
Cluster to Collaborate with Andhra Pradesh Food Sector
The UAE’s Minister of Economy and Tourism, Abdulla bin Touq Al Marri, has approved a collaboration between the Dubai Food Cluster and the food processing sector in Andhra Pradesh (AP), India.
The announcement came during a meeting on the
sidelines of the World Economic Forum in Davos between Al Marri and Andhra
Pradesh Chief Minister N Chandrababu Naidu. Al Marri also committed UAE support
for the establishment of around 40 UAE-based institutions in the state.
The discussions highlighted ongoing and
potential partnerships in sectors including food, multimodal logistics, energy,
ports, and retail, aimed at strengthening economic ties between Andhra Pradesh
and the UAE. A key proposal discussed was the development of a multimodal
logistics park in Andhra Pradesh by UAE-based Sharaf Group. Chief Minister
Naidu expressed that such strategic partnerships would enhance employment
opportunities and boost exports from the state.
Bangladesh Opens 2
Lakh Tonne Rice Import Window, Boosting Indian Exports
Indian rice exporters and millers have
welcomed Bangladesh’s decision to allow private sector imports of 2 lakh metric
tonnes of parboiled rice by March 10, 2026, calling it a positive step for
trade and an opportunity to expand exports from eastern and southern India.
The move comes amid rising domestic rice
prices in Bangladesh, particularly for steam rice, and follows flood-related
production losses. The fresh import allocation is in addition to Bangladesh’s
earlier plan to import around 9 lakh tonnes of rice in the 2025-26 fiscal year
to rebuild stocks and stabilise domestic prices.
The Bangladesh Ministry of Food has specified
that the imported rice must be non-aromatic parboiled varieties with no more
than 5% broken grains. Importers are required to sell rice in original sacks
and report storage and sales details to district food controllers to prevent
hoarding.
Industry experts expect traders from West
Bengal and Andhra Pradesh to benefit most, given their proximity to Bangladesh
and competitive pricing. “Bangladesh has traditionally been a steady buyer of
Indian rice and exporters from Andhra Pradesh and West Bengal are the primary
beneficiaries,” said Prem Garg, President of the Indian Rice Exporters
Federation (IREP).
Rahul Khaitan, Director Jai Baba Bakreswar
Rice Mill, noted that the latest import window responds to domestic market
pressures in Bangladesh. “Prices have sharply increased, especially for steam
rice varieties. Allowing private sector imports of 2 lakh tonnes will help
stabilise the market and enable Indian millets to export additional
quantities”, he said.
Indian rice remains cost-competitive, with
recent tenders showing white rice priced at USD 351-360 per tonne, compared
with Pakistan’s USD 395 per tonne. Following the lifting of export curbs and
minimum export prices in March 2025, India’s rice exports surged 19.4% in 2025
to reach 21.55 million tonnes, reinforcing its position as Bangladesh’s largest
and most reliable supplier.
Americans Bear Most
Tariff Costs on Indian Exports, Study Finds
A new study by the Kiel Institute for the
World Economy has found that American consumers and businesses pay nearly all
the cost of U.S. tariffs on imports, including Indian goods, rather than
exporters.
The research analyzed over 25 million
U.S.-bound shipments between January 2024 and November 2025 and revealed that
about 96% of tariff costs are borne by U.S. buyers, with exporters absorbing
only a small fraction. In India’s case, exporters largely maintained their U.S.
prices, reducing shipment volumes instead.
As a result, tariffs acted like a hidden tax
on American consumers, boosting U.S. customs revenue but raising costs for
households and businesses. Economists say the findings challenge claims that
tariffs are paid by foreign producers and highlight the inflationary pressured
such duties can create within the U.S. economy. The study also underscores
broader debates over the effectiveness of tariffs as a tool to protect domestic
industries or influence trade negotiations.
Wan Hai Lines takes an
unconventional route to recycle a fire-ravaged container vessel
Taiwanese liner company Wan Hai Lines has
taken an unconventional approach to recycling one of its vessels, opting for an
engineering-led solution rather than sending the ship to a traditional beaching
yard in South Asia.
The carrier has appointed Dubai-based APT
Global Marine and Offshore Engineering to handle the recycling of its 4,333-teu
container ship Wan Hai 503, which was built in 2005 and suffered extensive fire
damage.
The decision marks a departure from the
industry’s long-established practice of selling end-of-life tonnage to cash
buyers for demolition at recycling yards in India, Bangladesh or Pakistan.
According to industry sources, the vessel’s
condition following the fire made conventional recycling less straightforward,
prompting Wan Hai Lines to pursue a controlled, project-based dismantling
process.
APT Global Marine and Offshore Engineering is
understood to be responsible for developing and executing a bespoke recycling
plan, focusing on safety, environmental controls and compliance with
international standards.
Drewry Intra-Asia
Container Index Slips 1% Ahead of Chinese New Year
The Drewry Intra-Asia Container Index (IACI)
fell by 1% in the week ending 19 January 2026, taking the composite index to
US$661 per 40-foot container, according to the latest data.
The current level is 9% lower than a year ago, reflecting continued softness in intra-Asian spot freight rates as the early-year slowdown sets in.
Despite the weekly decline, analysts at
Drewry expect rates to stabilise in the coming weeks, supported by seasonal
demand as shippers move cargo ahead of the Chinese New Year holiday in
mid-February.
The IACI tracks spot container freight rates
every week and is calculated as a weighted average across 18 key intra-Asia
trade lanes. All indices are reported in US dollars per 40-foot container.
PIL
signs letters of intent for eight 13,000 TEU new buildings
Pacific International Lines (PIL) has signed
letters of intent with two shipyards for the construction of a total of eight
13,000 TEU LNG dual fuel container vessels.
If confirmed, the order will be split evenly
between Hudong-Zhonghua Shipbuilding and HD Hyundai Heavy Industries. The
vessels are scheduled for delivery across 2028 and 2029.
The potential new buildings would further
support PIL’s fleet renewal strategy and its transition towards lower-emission
propulsion, aligning with the carrier’s long term sustainability and efficiency
objectives.
Sinokor’s VLCC Buying Spree Shakes Up Global Tanker Market
South Korea’s Sinokor Shipping is continuing
its aggressive acquisition of VLCCs (Very Large Crude Carriers), with multiple
broking reports confirming the company’s involvement in a series of
high-profile tanker sales this week.
The rapid build-up over the past seven weeks
is propelling Sinokor to the top of VLCC ownership charts and contributing to
an unprecedented concentration among the world’s largest owners in a previously
fragmented sector.
Greece-based Allied Shipbroking forecasts
that if Sinokor completes all its planned acquisitions, the six largest VLCC
owners—including Sinokor, China Merchants, COSCO, Fredriksen, Bahri, and
Angelicoussis Group—would collectively control nearly 30% of the global fleet
of 911 ships.
Industry brokers have been surprised by
Sinokor’s strategic pivot away from container shipping, having sold most of its
boxships to Mediterranean Shipping Co. (MSC) to focus on super tankers. In the
past one month alone, the company has secured more than 30 VLCC’ and is
reportedly targeting an additional 20 vessels. Sinokor has been paying a
premium for available tonnage, often 10-15% above December’s market levels of
$59-60 million for 15 year old VLCC, according to brokers.
In addition to purchases, Sinokor has been
active in the charter market, fixing or extending charters for one to three
years, bringing its chartered-in VLCC fleet to over 40 vessels. Broker Hartland
estimates that Sinokor now operates close to 100 VLCCs, representing an 11%
share of the world’s largest tankers and between 15-20% of the compliant,
non-sanctioned fleet.
“This is hardly cornering the market, but it
is a strong statement of confidence in the VLCC sector”, Hartland said in a
recent weekly report, noting that such moves carry both significant upside
potential and market timing risks.
Sinokor’s bold strategy is reshaping VLCC
ownership patterns and could signal a new era of market consolidation in the
super-tanker sector.
Vienna
Airport records strongest year yet for air cargo operations
Vienna Airport recorded its strongest cargo
performance to date in 2025, handling 313,763 tonnes of freight and marking the
highest annual volume in its history.
The figure represents a 5.3 percent increase
over the previous year, driven by expanded long haul connectivity, higher belly
hold capacity, and sustained growth in e-commerce and pharmaceutical shipments.
The airport’s cargo performance was supported
by rising demand across key logistics segments, with the Vienna Pharma Handling
Centre also posting its best-ever result.
Pharmaceutical volumes grew by 6.4 percent
year on year, reflecting the increasing role of the airport in time and
temperature-sensitive cargo movements across Europe and beyond.
“A strong cargo sector is a key success
factor for airports. Air freight secures global supply chains and promotes
economic growth. Vienna Airport plays a central role in this context—as a
logistics hub and as the most important gateway for air cargo to Central and
Eastern Europe. With global airlines at the location, a specialised service
offering and a strong team, we are very well positioned,” said Julian Jäger,
joint CEO and COO of Vienna Airport.
Operational efficiency and network
connectivity remained central to the airport’s performance during the year.
Vienna continued to strengthen its position as a transshipment hub,
particularly for cargo flows between Asia, Europe, and North America. Growth in
long haul services contributed to higher cargo throughput, supported by
coordinated ground handling and cargo processing operations.
“In air cargo, all processes must interlock
seamlessly to ensure that shipments are handled efficiently and quickly at all
times. Behind this record result is a strong team performance, with service
quality for our customers as the top priority. Traditionally a leading
transshipment hub for goods from Asia, the Vienna Cargo Hub benefited
particularly in 2025 from growing volumes to North America.
In 2026, we naturally aim to build on this positive development and are confident that we can achieve this together with our customers and partners,” said Michael Zach, Senior Vice President Ground Handling and Cargo Operations at Vienna Airport.
Import volumes reached 167,568 tonnes in
2025, reflecting a 2.8 percent increase over the previous year. These shipments
were distributed across Central and Eastern Europe, reinforcing Vienna’s role
as a regional logistics gateway.
The rise was supported by continued growth in
e-commerce traffic from Asia into European markets. On the export side, cargo
volumes rose more sharply, reaching 146,195 tonnes, an increase of 8.4 percent
year on year. Higher outbound volumes were recorded particularly in the first
half of the year, supported by shifts in US customs policy and strong demand
for air freight capacity to Asia and North America.
Vienna Airport’s cargo operations benefit
from its geographic position and infrastructure tailored for high-volume and
long-haul logistics. The airport operates around the clock and offers ten
Category F aircraft parking positions capable of handling widebody freighters
such as the Boeing 747 and Antonov 124.
Its integration with European road feeders
allows access to major commercial centres within 24 to 48 hours. With expanding
airline partnerships, specialised cargo handling facilities, and growing
intercontinental volumes, Vienna Airport continues to strengthen its role as a
key logistics hub for Central and Eastern Europe, positioning itself for
further cargo growth in 2026.
Maastricht
Aachen Airport cargo volumes jump 40% in 2025
Maastricht Aachen Airport has reported a sharp rise in air freight volumes in 2025, underlining a strategic shift towards cargo operations at the Dutch hub. The airport handled 41,636 tonnes of cargo during the year, up from 28,448 tonnes in 2024, marking a 40 per cent year-on-year increase.
The annual results released on January 14,
2026, show that cargo activity accounted for a large share of airport
movements. Of the 7,549 aircraft movements recorded in 2025, 1,737 were cargo
flights, compared with 994 passenger flights. Passenger traffic stood at
159,270 for the year.
The rebound in cargo volumes follows a period
of lower throughput after a EUR 35 million runway renovation in 2023, which had
affected freight activity. The recovery gathered pace through 2025 as the
airport restored capacity and prioritised cargo handling.
“The strong growth in cargo volume last year
is down to MST’s continued investment in cargo handling facilities at the
airport, particularly in the second half of 2025,” said Dean Boljuncic, Head of
Commercial Development, Maastricht Aachen Airport.
“We have invested in optimising our handling
processes and improving our facilities in the past 12 months, including by
redeveloping MST’s AnimalPort and partnering with FlowerWatch to modernise
perishable cargo operations.” At the end of 2024, the airport outlined a
strategy centred on air freight expansion, positioning itself as a regional
cargo hub.
The plan sets a target of handling 200,000
tonnes of cargo annually by 2030. As part of this approach, the airport
appointed its first cargo sales executive in 2025 to strengthen commercial
engagement with freight operators. Also Read - Wexco Cargo, China Airlines
extend partnership in new two-year UK deal While cargo volumes rose, passenger
numbers declined compared with 2024 following the departure of two airlines.
The airport expects passenger traffic to
recover in 2026 as Wizz Air expands operations from late March, with several
weekly flights planned to destinations in Eastern Europe, including Poland,
Bosnia and Herzegovina, Romania, Moldova, and Montenegro.
“Both cargo and passengers are important for
MST; however, we expect to see higher and faster returns from our cargo
operations, and our strategic focus in this area is clearly paying off,” said
Boljuncic. Looking ahead, Maastricht Aachen Airport has applied for a new
airport licence that includes a proposed runway extension to 2,750 metres. If
approved, the longer operational runway would allow cargo aircraft to depart
with heavier payloads and serve longer haul routes, supporting the airport’s
freight growth ambitions.
FlyUs
named GSA for Riyadh Air as airline launches UK cargo operations
FlyUs Aviation Group (FlyUs) has been
appointed General Sales Agent (GSA) for Riyadh Air in the United Kingdom and
Ireland, effective 26th October 2025, supporting the airline’s new daily Boeing
787-9 cargo flights into London Heathrow Airport.
The appointment coincides with Riyadh Air’s
first scheduled widebody operations into Heathrow, offering forwarders direct
access to Saudi Arabia, a market growing in manufacturing, e-commerce,
perishable goods, and high-value logistics.
Carlo de Haas, President and Chief Executive
Officer of FlyUs, said the partnership reflects the company’s strong track
record in cargo sales and its commitment to market-leading representation.
He highlighted the significance of
participating from the airline’s first Heathrow departure and noted that FlyUs’
own trucking fleet provides daily temperature-controlled services between the
UK and Benelux, connecting European forwarders to Riyadh Air’s new route.
Pravin Singh, Head of Cargo at Riyadh Air,
described the partnership as the start of a strong collaboration based on
shared ambition and operational excellence.
FlyUs’ local expertise will help Riyadh Air
deliver reliable, customer-focused cargo solutions across the UK and Ireland.
Riyadh Air, Saudi Arabia’s national carrier, aims to support the Kingdom’s
Vision 2030 by connecting Riyadh with 100 destinations by 2030, promoting
global trade and logistics growth.
Under the agreement, FlyUs will manage sales,
customer support, and capacity for the UK and Ireland, routing bookings through
its local teams. This collaboration underscores FlyUs’ mission to link national
carriers with forwarders worldwide and strengthen cargo connectivity between
Europe and Saudi Arabia.
Air
cargo on-time performance drops in 2025
Carriers' delivery-as-promised score fell to
62.7% as US tariff changes, network realignments and peak season pressures
strained operations
Cargo waiting to be loaded onto an aircraft
Air cargo reliability declined last year as
airlines reshuffled capacity in response to tariff and trade developments,
according to a new report by CargoAi.
The online booking portal provider monitored
airline performance using a standardised Delivery As Promised
(DAP) methodology based on whether a shipment is Notified for
Delivery (NFD) within six hours after the planned arrival.
Last year, airlines’ monthly DAP score was
lower than the level reported in 2024 in nine out of 12 months, with December
matching the prior year’s performance. Improvements of 1 percentage point were
recorded in February and August.
The worst performing months in terms of
year-on-year comparison were May, June and July, which recorded percentage
point declines of 5 points, 5 points and 4 points respectively. The overall
score for the year was 62.7%.
Explaining the drop-off in reliability,
CargoAi said it was likely related to trade policy changes, capacity
realignment, ground handling bottlenecks and peak season pressures.
“US de Minimis tariff reform (mid-year)
caused a sharp disruption in Asia–US e-commerce flows, pushing reroutes
and delays," the company said. "Carriers had to re-optimise networks
and adjust allocations, leading to delivery volatility in May–July."
CargoAi added: "Major airlines
reshuffled capacity on the Transpacific & Europe lanes in
response to changing demand. While helpful mid-year, these changes
introduced network instability and recovery lags."
The data provider added that strain on ground
handling agents, especially during peak months, was a leading cause for delays
at key airports. Labour shortages, limited apron space and operational
congestion could also have affected performance in the fourth quarter.
This year's rise in peak season volumes also
had an impact on performance, CargoAi said, with volumes surging in November
and December.
"Airlines struggled to maintain delivery
precision under high load," CargoAi said.
As well as looking at overall industry
performance, CargoAi also looked at reliability levels for individual trade
lanes and airlines.
The tech firm said that east Asia corridors,
such as Taipei-Incheon, Incheon-Narita and Incheon-Taipei, were amongst the
best performing as they benefited from short transit
distances, digitised hubs and well-established ground handling
coordination.
On the other hand, routes between Asia and
Europe, such as Chengdu-Frankfurt, Shanghai-Frankfurt and Zhengzhou-Frankfurt,
were the worst performing due to multi-point handovers, customs
complexity, and congestion at key European hubs.
The most reliable airlines according to
CargoAi were Emirates SkyCargo, TUI, American Airlines, Air China and Royal Air
Maroc.
ANA
Group expands freighter network after NCA integration
Carrier adds five weekly frequencies to North
American routes while increasing Bangkok services as part of post-acquisition
network strategy
Cargo waiting to be loaded
ANA Group plans to strengthen its network by
utilising All Nippon Airways-operated flights within Asia and Nippon Cargo
Airlines (NCA)-operated flights on North America and Europe routes.
The decision follows ANA's decision to reorganise
its cargo business to
accelerate growth following the integration of NCA after its acquisition
last year.
From 29 March, ANA will increase flight
frequency for its freighter operations on the Narita (NRT)-Bangkok (BKK) route.
In addition, NCA freighters, in combination
with flights operated by partner airlines, will add a combined total of
five weekly round-trips across NRT-Chicago (ORD), Dallas (DFW), and Los Angeles
(LAX) routes with the aim of further expanding the North American network.
"As Japan’s largest combination
carrier, ANA Group will strengthen its Asia routes using ANA freighters
and its network in North America and Europe through NCA freighters, in addition
to cargo on ANA passenger flights, to reliably capture cargo flows between Asia
and the North American / European markets," said ANA Group.
Boeing 767Fs will be deployed on Asia routes,
while Boeing 777Fs and 747Fs will be primarily utilised for routes to North
America and Europe.
ANA
completed the takeover of NCA from NYK in August last year. The
acquisition positioned the group as Japan's largest combination passenger and
cargo carrier.
Following the acquisition, All Nippon Airways
and NCA had been utilising combined cargo capacity. All Nippon Airways and
NCA launched a codeshare
agreement on
cargo flights between Japan, Europe and North America in October last
year.
ANA's reorganisation is due to be completed
by FY2026 and NCA is expected to maintain its Air Operator Certificate
(AOC).
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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