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

 

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

 

 

Corporate News Letter for  Saturday  February  28,  2025

Today’s Exchange Rates

CURRENCY▲	PRICE	CHANGE	%CHANGE	OPEN	PREV.CLOSE	DAY's LOW-HIGH
USD/INR	90.96	0.040001	0.043996	90.95	90.92	90.9275- 90.975
EUR/USD	1.1805	0.0008	0.067815	1.1797	1.1797	1.1789- 1.1822
GBP/INR	122.7717	-0.218605	-0.177742	122.7618	122.9903	122.4314- 122.8423
EUR/INR	107.4366	0.170601	0.159045	107.3939	107.266	107.3051- 107.5083
USD/JPY	156.186	0.056	0.035867	156.13	156.13	155.542- 156.234
GBP/USD	1.3491	0.0009	0.066758	1.3482	1.3482	1.3462- 1.3508
DXY Index	97.7	-0.091003	-0.093059	97.755	97.791	97.611- 97.824
JPY/INR	0.5825	-0.0003	-0.051474	0.5822	0.5828	0.5822- 0.5849

///                   Sea Cargo News            ///

Maersk layoffs: Shipping giant to cut 1,000 jobs after revenue sinks” here's what we know

The Denmark-based company posted lower revenue for 2025 and warned that the industry is struggling with continued overcapacity, a trend that may persist this year. The shares of the firm fell on the announcement.

The company's shares were down 5.73% at 15,065 Danish Krone following the announcement. Maersk is listed on NASDAQ Copenhagen Exchange.

Maersk said it was taking these steps to “maintain strong cost discipline” by simplifying the organisation and “reduce the company's corporate overhead”. It also plans to focus on the use of artificial intelligence applications, Bloomberg reported.

Maersk's planned job cut of 1,000 people is equivalent to 15% of roles in its corporate functions, but under 1% of the total workforce. Maersk has around 100,000 employees globally, the agency report said.

According to the company, the annual cost cuts will be $180 million. Maersk posted a decline in revenue to $54 billion last year, compared to $55.5 billion in 2024, even though its shipping volumes rose.     Volumes grew 4.9%, in line with the overall market, but profits still declined as shipping prices dropped due to too many ships chasing limited demand, the company said.      

Net profit was more than halved to $2.7 billion, down from $6.1 billion in 2024, which Maersk said resulted mainly from the significant decrease in Ocean transport earnings, which fell by nearly a third to $6.3 billion.

The latest earnings report showed that the company reported its lowest net profit in five years in 2025.   Global trade in 2025 continued to be shaped by unprecedented and persisting volatility,the company said. The continued closure of the Red Sea, renewed tariff measures and ongoing geopolitical tensions disrupted supply chains and amplified uncertainty.

Operating profit (EBIT) came in at $3.5 billion for 2025, beating the $3.2 billion expected by analysts according to FactSet, but representing a sharp decline compared to the $6.5 billion the company reported for 2024.

For 2026, Maersk expects shipping volumes to grow between 2% and 4%, but at projected shipping rates, this would likely lead to a further drop in operating profit. The company said its operating result next year could range from a loss of $1.5 billion to a profit of $1 billion.

AP Moller-Maersk is an integrated container logistics company. Headquartered in Copenhagen, it connects and simplifies supply chains across more than 130 countries. The Denmark-based company has warned that the industry is struggling with continued overcapacity, a trend that may persist this year.

Tragedy at Sea as Engine Fire Claims Two Lives on Bulk Carrier

The blaze erupted at approximately 7.35pm on Tuesday (17 Feb) evening. Crew members battled the flames and eventually succeeded in extinguishing the fire, but the incident proved fatal for two seafarers. A third crew member was evacuated ashore for medical treatment. Authorities have not released further details about the condition of the injured individual.

The Maritime and Port Authority stated that no pollution has been reported in the aftermath of the fire.

Arrangements are currently being made by the vessel’s management company to tow the stricken ship to Yantai Port in China, where further assessments will take place. An investigation into the circumstances surrounding the fire has been launched.

Built in 2010, the Mandy is managed by Pacific Rim Shipmanagement. The vessel’s recent inspection history has raised concerns. In June 2025, it was detained in Rotterdam for 15 days after inspectors identified 25 deficiencies, nine of which constituted grounds for detention.

Seven of the recorded issues related to fire safety. Among them were two defects classed as “inoperative” concerning the ready availability of firefighting equipment, and another linked to control mechanisms within machinery spaces. Additional shortcomings were identified in areas including crew performance evaluation, fire dampers and fire pumps.

As investigations proceed, attention is likely to focus on whether previously identified safety deficiencies played any role in the fatal incident, casting a sombre spotlight on standards of onboard fire preparedness and maritime safety enforcement.  

US plans new port fees on foreign ships, prompting shipping industry worries

On Feb. 13, the White House unveiled “America’s Maritime Action Plan” that includes a “universal infrastructure or security fee” on commercial ships built in foreign countries, which will be contributed to “Maritime Security Trust Fund” to support US shipbuilding and other maritime projects.

Without detailing the fee structure, the White House stated this proposal could involve a fee of 1 cent per kilogram on foreign-built ships, yielding roughly $66 billion in revenue over 10 years, or a fee of 25 cents per kilogram, yielding close to $1.5 trillion. “As foreign-built vessels benefit from U.S. market access, this policy ensures they contribute to the long-term revitalization of America’s maritime capabilities,” according to the plan.

The International Chamber of Shipping, representing over 80% of the world’s merchant fleet via national shipowners’ organization, said it would support US plans to strengthen maritime capacities but oppose any proposed port fees. “The imposition of fees … would represent a substantial additional cost burden on maritime transport,” the ICS said in a statement Feb. 16.

“Such measures risk distorting trade, increasing costs for U.S. consumers and businesses, disrupting the smooth flow of global commerce, and could encourage retaliatory measures.” The new proposal came after Washington and Beijing were threatening to impose port fees on each other’s tonnage before agreeing to a one-year truce as part of a broader US-China trade agreement last November.

The trade tensions caused short-term spikes in China-bound freight rates and many industry groups, such as American Petroleum Institute, lobbied heavily against the fees as they believed such schemes would lead to high logistics costs for US commodity and energy exporters as well container shippers.

The Maritime Action Plan also includes policy proposals to revive the US shipbuilding capacity, with the White House noting only eight shipyards exist in the country that can build vessels greater than 400 feet in length.  The White House also plans to introduce deregulatory measures, strengthen the maritime industrial base, and create a Strategic Commercial Fleet of US-built ships for the country’s military and commercial logistics on international routes.

The action plan involves many proposals requiring budgetary approval and the White House said it will compile a legislative package as part of fiscal year 2027 budget for Congress approval.

“The Trump administration urges Congress to enact this package in tandem with existing legislative vehicles, ensuring the US maritime industry is equipped to meet the demands of global competition, national defense and economic growth,” according to the plan. 

ICS opposes proposed US port fees on foreign-built vessels

The long-awaited plan floated the idea to, “Impose a universal infrastructure or security fee on all foreign-built commercial vessels calling at US ports, to be assessed on the weight of the imported tonnage arriving on the vessel.”

The concept is not dissimilar to the US Trade Representative (USTR) fee imposed on Chinese-built vessels briefly in October last year, before being suspended for a 12-month period in November.

The proposed fee on all foreign-built vessels calling the US ranges 1 cent – 25 cents per kilogram yielding an estimated $66 billion - $1.5 trillion over 10 years that be used for a Maritime Security Fund.

The ICS said that it supported the US’ ambition of increasing its shipbuilding capacity and industry but opposed the levying of fees on international shipping.

 “ICS remains opposed to any proposed port fees, including the suggested universal infrastructure or security fee on foreign-built commercial vessels calling at US ports,” the shipowner representative body stated. 

“The imposition of fees based on the weight of imported tonnage, at levels ranging from 1 cent per kilogram to 25 cents per kilogram, would represent a substantial additional cost burden on maritime transport. Such measures risk distorting trade, increasing costs for US consumers and businesses, disrupting the smooth flow of global commerce, and could encourage retaliatory measures.”

It added that the global nature of maritime trade required carefully coordinated solutions that avoid unintended consequences.

“ICS remains committed to working constructively with the US Administration, as well as international partners, to support policies that strengthen maritime capacity while safeguarding the efficiency and integrity of global trade,” it said. 

Steelpaint coats fourth Xiamen Minhua Newbuild as Min Hua 17 approaches Delivery

The 12,000dwt multi-purpose cargo ship, the fourth vessel in the Xiamen Minhua Shipping fleet to use the polyurethane based zinc-rich primer, follows similar applications to Min Hua 9, Min Hua 15 and Min Hua 16. The Fujian Donghai Shipyard built all four vessels.

However, following the success of the first coating in the cargo holds of the 2024-delieverd Min Hua 9, the ship manager expanded the scope on subsequent ships to protect cargo holds, hatch covers and the main deck.

“When we first specified Steelpaint, we wanted to see how the coating would behave in service,” said Li Jianbin, General Manager of Xiamen Minhua Shipping. “What we observed was that the zinc primer remains intact when the topcoat is mechanically damaged, protecting the substrate from corrosion. The crew is better managing coating upkeep without repeated full-area touch-ups, which has reduced maintenance costs by about 50% compared to other types of coatings.”

Operational feedback was also gathered from an inspection of Min Hua 15 after one year of service carrying coal, general stores and containers. Li Yinlong, head of Steelpaint’s operation in China, who attended the inspection, said the assessment reflected the crew’s direct experience…All four vessels in the series now have tank tops and lower stools/hoppers protected by two 80µm coats of Stelpant-PU-Zinc primer, followed by a 120µm application of a conventional topcoat epoxy. Other areas required only a single Stelpant primer coat.

With its high-solid formulation and finely meshed zinc pigments Stelpant-PU-Zinc can be applied in temperatures ranging from -5°C to +50°C, and with a relative humidity level as high as 98%.

Steelpaint Director Frank Müller said the project demonstrates how coating performance translates into specification decisions. “In real trading conditions is exactly how coating performance should be evaluated,” he said…Xiamen Minhua Shipping has confirmed that Stelpant will also be applied to a new series of 12,000 and 17,000 dwt multi-purpose cargo newbuildings.

Two other Chinese bulk carrier operators are currently trialling the corrosion protection system.

Dodgy owners start sending sanctioned tankers to the subcontinent

As the sanctions net tightens and the European Union (EU) prepares a full maritime services ban on ships carrying Russian oil, a further 43 shadow fleet tankers have been sanctioned by the EU, bringing the total to 640 vessels.       The full ban replaces the series of oil price caps that have dated from the end of 2022. The caps have allowed G7 countries to ship Russian oil provided that is sold below fixed price caps. Now, the full service ban narrows employment opportunities still further. 

Meanwhile, uncertainty surrounds India’s position on buying Russian crude. Speaking yesterday at the Munich Security Conference, US Secretary of State Marco Rubio said that India had committed to stop buying Russian oil. But the country has previously said that its own energy security will remain a key determinant.

Unsurprisingly, the identity of the three tankers that have arrived off Alang recently is hard to pin down as their owners continue to operate under a shroud of secrecy. Seatrade has not been able to confirm that the three vessels off Alang are the 1993-built Suezmax Woodchip, that has been flying the flag of Gambia, the 106,550dwt Bodhi, built in 1997 and flying the Cameroon flag, and the 1999-built product tanker, Global Star, which is flying the Tonga flag and is thought to have arrived off Alang last Friday.  

On recycling prices, demo markets remain weak though analysts believe the success of the Bangladesh election could be a significant positive, as a range of construction projects requiring steel and currently on hold, could boost the recycling market.

Also, the Bangladesh Ship Breakers and Recyclers Association has now adopted the requirements of the International Ready for Recycling Certificate, already in place in India and Pakistan and requiring ship sellers to disclose fully the inventory of hazardous materials on board.

Describing prices as steady, GMS, the world’s largest cash buyer of end-of-life ships, reckons that Pakistan facilities lead the price table, with container ships at around $450/ldt, tankers $440, and bulkers at $430. Bangladesh comes next, with tankers typically getting $10 less, and bulkers down a further $20. Indian prices are down another $10 across the board

Meanwhile, Aliaga in Turkey has gained some ground recently as a destination that avoids the requirements of the Basel Convention – the trans-boundary movement of hazardous waste. It is proving an interesting option, therefore, for some EU-based owners despite significant lower indicative prices of  $290, $280, and $270, respectively.

Madagascar exposes fraudulent flag scam

Port authorities told the International Maritime Organization in a formal letter that the vessels – ranging from general cargo ships to small product, LPG and crude tankers – were presenting documents that implied Madagascan registration despite the state having no international registry. 

The Madagascan notification places the problem alongside other African registries that have been exploited by operators seeking to mask vessel provenance through false flags and forged documents. 

Throughout 2025, more than 300 shadow fleet tankers involved in sanctioned Iranian, Venezuelan, or Russian oil trades shifted to fraudulent flags, often after repeated flag hopping, according to data from maritime analytics firm Windward.

The most frequently used fraudulent registries were Guinea (51 ships), Netherlands Antilles (45), Guyana (44), and Aruba (24).

Windward data shows approximately 120 Russia-trading tankers over 180 m in length broadcasting flags from 19 fraudulent registries, including Botswana, Guyana, Guinea, and Madagascar. 

“When a vessel claims a fraudulent or nonexistent registry, the mechanisms that underpin maritime trade begin to fail,” Windward stated, going on to explain: “Flag-state responsibility becomes unenforceable. Insurance and classification linked to that flag may be invalid, suspended, or impossible to verify.”

Splash has reported repeatedly in recent years on the sudden growth of many African registries in line with the growth of the shadow fleet moving Russian, Iranian and Venezuelan cargoes around the world.

Last week, Splash reported Cameroon’s government has started to clamp down on shadow ships using its register.

Cameroon’s flag has grown by 126% over the past 12 months and is now Africa’s third-largest, according to data from Clarksons Research, largely thanks to Russian-linked tonnage entering its books. The average age of ships flying the Cameroon flag is 32.7 years. 

Cameroon’s prime minister, Joseph Dion Ngute, has now taken steps to purge the country’s flag of dark fleet tonnage. Cameroon has suspended new registrations of ships thought to be part of the shadow fleet, as well as setting out to deregister shadow ships that are already on its books. 

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Teleport launches first Hong Kong–Bahrain B747F service

Teleport has expanded The Teleport Network into the Middle East with the deployment of its first full B747F freighter flight from Hong Kong to Bahrain, marking the company’s entry into the Gulf region. The inaugural flight connects Hong Kong to Bahrain and links seamlessly into the UAE, Saudi Arabia and other key Gulf markets through strong air and road connectivity.

With Bahrain positioned at the heart of the Gulf, Teleport aims to enable the intercontinental movement of eCommerce flows from Asia, particularly China, to the Middle East, Europe and beyond. The company said it will leverage Bahrain’s infrastructure and aviation ecosystem to scale its operations globally.

Teleport Chief Executive Officer Pete C. said Teleport has built a strong network across Southeast Asia and increasingly across the wider Asian region. However, he noted that operating at a truly global scale requires a presence in the Middle East, describing the region as a bridge connecting Asia to Europe and beyond.

He said the first flight to Bahrain represents a significant step towards that goal and an important move in establishing Bahrain as a hub to support the company’s growth beyond Asia. With the support of the Bahrain Economic Development Board and Team Bahrain, Teleport will gain access to the country’s aviation ecosystem, including Bahrain Airport Company, Bahrain Aviation Services and other entities.

The company said this partnership gives it confidence as it begins building its Middle East hub in Bahrain. Teleport added that it has consistently promised faster, cheaper and better services for eCommerce players and SMEs across China and Southeast Asia, and that the move into Bahrain marks the first step in delivering that promise beyond the region.

Roses at 35,000 feet: The Valentine’s cargo rush

On Valentine’s Day, love does not just travel in text messages and dinner reservations. It flies. Before a single rose reaches a dinner table in London, New York or Dubai, it has already crossed continents. It has been cut at dawn on a farm in Kenya or Ecuador, rushed into a cold room within hours, loaded onto a freighter, and lifted into the night sky.

Every February, the global air cargo industry enters one of its most demanding seasonal peaks. Not for electronics. Not for pharmaceuticals. But for flowers. Valentine’s Day has evolved into one of the largest annual movements of perishables by air.

Behind the retail celebrations lies a highly structured logistics operation that begins months in advance, involves multiple continents, and compresses extraordinary volumes into just a few critical weeks. Planning months in advance: Capacity before romance.

For airlines, Valentine’s Day does not begin in February. It begins in October. At Emirates SkyCargo, planning for both scheduled and charter flower operations starts several months ahead, typically by October or November of the preceding year. Agreements are finalised by January to ensure sufficient capacity is locked in before the seasonal spike begins. In 2026, the carrier operated 17 dedicated freighter flights ahead of Valentine’s Day, 14 from Quito in Ecuador and three from Nairobi in Kenya.

Its Boeing 777 freighters, each capable of carrying more than 100 tonnes, moved between 60 and 80 million stems in total on these dedicated services, with Amsterdam serving as the primary destination for most of the shipments. For Valentine’s 2026 alone, Emirates SkyCargo transported around 3,800 tonnes of flowers on dedicated freighters.

Given that it moves approximately 30,000 tonnes of flowers annually, this means that more than 10% of its yearly flower volumes were concentrated into the early weeks of February. To maintain quality, the airline deployed its Emirates Fresh Breathe solution, including temperature-controlled storage, specialised cool chain handling, and ventilated cool dollies designed to maintain airflow and stable temperatures during transfers and transhipments.

Latin America to North America: The core trade lane The most intense flower flows originate in Colombia and Ecuador, two of the world’s largest exporters of fresh cut flowers. During the 2026 Valentine’s peak, Avianca Cargo transported more than 19,000 tonnes of flowers to the United States, operating nearly 320 freighter flights over roughly three weeks. On peak days, departures were scheduled almost every hour, reflecting the scale and urgency of the season.

Sustainability enters the peak season : The 2026 season also highlighted a growing emphasis on emissions management within perishables logistics. LATAM Cargo Colombia, in partnership with Kuehne+Nagel and The Elite Flower, allocated more than 130,800 litres of Sustainable Aviation Fuel during the Valentine’s export window.

The SAF used offered an estimated 75% lifecycle emissions reduction compared to conventional jet fuel, resulting in an estimated reduction of nearly 300 metric tonnes of CO₂e. This was equivalent to avoiding the emissions associated with eight B767 freighter flights operating between Bogotá and Miami.

The environmental benefit was linked to the transport of more than 10 million stems, demonstrating how sustainability initiatives are beginning to integrate into even the most time-sensitive air cargo operations. A compressed global operation Valentine’s Day has become one of the most concentrated air cargo movements of the year.

In a matter of weeks, tens of thousands of tonnes of flowers move from farms in Ecuador, Colombia and Kenya to hubs in Miami, Amsterdam and Dubai. Dedicated freighters are scheduled months in advance. Cold chain infrastructure operates at maximum capacity. Workforce levels increase. Flight frequencies rise.

For the air cargo industry, February is not simply another month. It is a test of capacity planning, coordination and precision handling under strict time constraints. When the flowers arrive in stores and homes, the logistics chain behind them is no longer visible. But for airlines, handlers and freight partners across continents, Valentine’s Day represents one of the most complex and carefully executed perishables operations on the global air cargo calendar.

Equitrans transports horses for the Longines League Abu Dhabi

International charter flights and coordinated regional road movements are forming the backbone of the complex logistics operation supporting the Abu Dhabi leg of the Longines League of Nations™, taking place from 11–15 February at the Abu Dhabi Equestrian Club, in conjunction with The Emirates Jumping Cup.

Equitrans Logistics is managing the end-to-end movement of competition horses arriving from Europe and across the UAE, delivering a time-critical, welfare-focused transport programme for what is considered the country’s richest and most prestigious show jumping event. 

In the lead-up to the competition, Equitrans coordinated the arrival of 55 international competition horses via two long-haul charter flights into the UAE, ensuring seamless stable-to-stable transport for the ten qualified national teams representing Belgium, Brazil, France, Germany, Great Britain, Ireland, Italy, Netherlands, Switzerland and the USA. The UAE will also compete as host nation in the team competition on 13 February.

The two charter flights arrived at Dubai World Central (DWC) on 7 and 8 February, operating from Amsterdam into the UAE using Boeing 777 freighters configured for equine transport. Each flight required precise coordination between airport authorities, veterinary officials, grooms, airline crews and ground handling teams to ensure smooth, low-stress transfers for the horses.

Of the 44 riders slated to compete in Abu Dhabi, eight riders have horses permanently stabled in the UAE, while the remaining competitors are transporting their horses under temporary import permits. In addition, two riders will remain in the UAE following the competition to participate in the upcoming CSI5* event at the Sharjah Equestrian and Racing Club, extending the logistical timeline beyond the Abu Dhabi leg.

Beyond international air movements, Equitrans is also managing significant regional road transport, including the movement of 35 horses from Sharjah to Abu Dhabi to support the additional international classes running alongside the main Longines League of Nations programme. These road transfers require specialised equine vehicles, climate control, biosecurity checks, and staggered scheduling to ensure horse welfare and regulatory compliance.

Following the conclusion of the competition, Equitrans will oversee coordinated departures on 16 February, including two Boeing 777 charter flights returning horses from the UAE back to Europe, completing a tightly sequenced international transport cycle within less than ten days. This year marks the third consecutive year that Equitrans Logistics has been entrusted by the UAE Equestrian and Racing Federation to manage horse transport for the Abu Dhabi leg of the League, reflecting the company’s growing role in delivering complex, time-critical logistics for elite equestrian sport.

David Robson, Managing Director, and Ryan Azzie, Operations Manager at Equitrans Logistics, said, “Events of this scale demand meticulous planning and absolute precision. From coordinating the charter flights to managing the road transport, our focus is always on efficiency, welfare, and reliability.

Supporting the Longines League of Nations™ in Abu Dhabi is a responsibility we take extremely seriously.” Mohammed Al Nakhi, Showjumping Committee Manager of the UAE Equestrian and Racing Federation, added, “The movement of horses for an event of this scale requires a company with experience and consistency at the highest level. We’re delighted to partner with Equitrans once again.”

My Freighter signs interline deal with China Southern

My Freighter has signed an interline agreement with China Southern Airlines (CZ), strengthening air cargo connectivity between Central Asia and China. The agreement creates new opportunities for trade flows between the two regions.

By combining My Freighter’s regional expertise with China Southern’s extensive domestic and international network, the partnership will improve access to key industrial and commercial hubs across China and beyond. Under the interline framework, cargo can be transferred seamlessly between the two carriers.

This will provide expanded routing options, greater flexibility and more efficient logistics solutions for customers operating in the Central Asia–China corridor.

The development supports My Freighter’s strategy to build stronger international partnerships and reinforces its position as a bridge between Central Asia and major global markets.

Frankfurt Airport sees 1.2% rise in cargo volumes in January 2026

Fraport reported a 1.2 percent year-on-year increase in cargo volumes at Frankfurt Airport in January 2026, with total throughput reaching 150,044 metric tonnes.

Frankfurt Airport handled 150,044 metric tonnes of cargo during the month, compared with the same period last year. The number of aircraft movements rose by 1.1 percent to 31,284 take-offs and landings.

Total maximum take-off weights reached around 2.0 million metric tonnes, representing an increase of 0.6 percent year-on-year. Fraport also stated that overall traffic across the airports it actively manages increased during the month.

However, the company did not provide cargo figures for its other group airports in the January report.

Emirates SkyCargo expands India network with freighters

Emirates SkyCargo is expanding its footprint in India with the deployment of two additional weekly freighter services, reinforcing its four-decade commitment to the market and strengthening key trade corridors. The cargo arm of Emirates will introduce one additional freighter to Mumbai and one to Ahmedabad in March 2026.

The Mumbai service, launching on 4 March, will connect Dubai, Singapore, and India, while the Ahmedabad freighter will operate as a direct, dedicated service. The expansion increases capacity on routes already served by three weekly freighters, one to Mumbai and two to Ahmedabad, alongside bellyhold cargo capacity on 167 passenger flights connecting nine Indian gateways.

With an average uplift of 3,000 tonnes weekly from India, the airline expects the new freighter services to carry pharmaceuticals, fresh fruits and vegetables, other perishables, and personal electronic devices. The additional capacity comes amid sustained demand across India’s manufacturing, pharma, perishables, and e-commerce sectors.

In a further sign of regional growth, Emirates SkyCargo will also deploy a dedicated weekly freighter to Dhaka, Bangladesh, starting April 2026, expanding its freighter network and responding to rising demand in South Asia. “Our new freighter frequencies to India reflects both the strength of India’s trade corridors and our long-term commitment to supporting them,” said Badr Abbas, Divisional Senior Vice President, Emirates SkyCargo.

“India is a powerhouse of manufacturing, pharmaceuticals, perishables, and eCommerce and the demand for reliable and stable capacity continues to grow. These additional freighters bolster our existing operations by offering more connectivity and capacity to ensure we continue to serve our customers in India and across the globe.”

As the third anniversary of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) approaches, bilateral trade between the two nations continues to accelerate. Emirates SkyCargo currently moves approximately 600 tonnes of pharmaceuticals and 500 tonnes of perishables weekly, alongside garments, textiles, and growing volumes of personal electronics, including mobile phones, laptops, and tablets.

Beyond air capacity, the airline has built an extensive domestic trucking network across India. In 2025 alone, more than 1,000 Emirates SkyCargo trucks transported nearly 5,500 tonnes of cargo nationwide, including automotive and aircraft spare parts, machinery, textiles, spices, and even a satellite.

Temperature-controlled reefer trucks were also deployed for pharmaceuticals and medical equipment. The addition of Coimbatore and Goa as offline trucking stations further extends the carrier’s reach, linking emerging manufacturing hubs and SME clusters to global markets via Dubai.

Since launching services to Mumbai and Delhi in 1985, Emirates SkyCargo now serves nine Indian cities and continues to leverage India’s Cargo Open Sky policy to expand outbound connectivity. This week, the airline is participating in industry engagements at Air Cargo India and was named International Airline of the Year at the STAT Times International Awards for Excellence in Air Cargo for the third consecutive year.

 

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.