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 April 25,
2026
Today’s Exchange Rates
|
CURRENCY▲ |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
|
|
94.26 |
0.139999 |
0.148746 |
94.21 |
94.12 |
||
|
1.1685 |
0.0002 |
0.017112 |
1.1683 |
1.1683 |
||
|
127.0467 |
-0.004898 |
-0.003855 |
126.7996 |
127.0516 |
||
|
110.2106 |
0.164505 |
0.149487 |
110.0209 |
110.0461 |
||
|
159.734 |
0.023987 |
0.015019 |
159.71 |
159.71 |
||
|
1.3478 |
0.0011 |
0.081686 |
1.3467 |
1.3467 |
1.3454- 1.3484 |
|
|
0.5903 |
0.0002 |
0.033898 |
0.5896 |
0.5901 |
0.5892- 0.5907 |
/// Sea Cargo News ///
Yang Ming Marine Transport
Corporation reroutes Middle East
Yang Ming
Marine Transport Corporation has revised its GS2 service in response to
escalating security risks in the Middle East, particularly around the Strait of
Hormuz.
Service
Changes : The Carrier will maintain its scheduled
call at Sohar, Oman. However, vessels previously bound for other Middle East
ports or India will now discharge cargo at Khor Fakkan Port, which is
considered a more stable hub under current conditions.
Trans-shipment
Arrangements : Cargo destined for Arabian Gulf markets
will be forwarded via feeder vessels or alternative trans-shipment solutions
from Khor Fakkan to final destinations.
Additional
Costs : Due to re-routing, trans-shipment and
increased risk management, Yang Ming will apply additional charges. These may
include:
Freight
adjustments, Trans-shipment fees
and Insurance surcharges.
All costs
will follow the terms outlined in the Bill of Lading.
Ongoing
Monitoring : Yang Ming stated it will continue to
monitor the regional situation and will resume normal routing once safety
conditions improve.
Maersk Middle East update : New shipping
restrictions and surcharges
Maersk is
closely monitoring the evolving situation in the Middle East and has introduced
operational changes to protect crew, cargo and network stability.
Strait of
Hormuz : Safety Measures – Following security
guidance, Maersk continues to avoid transits through the Strait of Hormuz. Any
future passage will depend on ongoing risk assessments.
Singapore & Hamburg Port authorities sign cybersecurity MOU
Khorfakkan Port boosts Pakistan – UAE trade connectivity
/// Air Cargo News ///
Tamil Nadu Plans
Air Freight Village Near Parandur to Boost Cargo Logistics
Tamil Nadu is planning to develop an air freight village near Parandur in a strategic move to strengthen cargo infrastructure and support growing trade demand.
The proposed
project is expected to complement the planned greenfield airport in the region
and position the state as a major air logistics gateway. The air freight
village is likely to include warehousing zones, cold chain facilities, customs
processing centres, trucking terminals, and value-added logistics services
designed to streamline cargo movement.
It would
cater to sectors such as electronics, pharmaceuticals, perishables, textiles,
automotive components, and e-commerce. Located near the proposed airport site,
Parandur offers significant potential for integrated multimodal development
with road, rail, and aviation connectivity.
Industry
experts say combining airport operations with dedicated freight
infrastructure can reduce cargo handling
time, lower logistics costs and attract export oriented industries.
The project
aligns with Tamil Nadu’s broader strategy to strengthen its manufacturing and
export ecosystem. The state is already a leading hub for automobiles,
electronics, engineering goods, leather products and textiles, all of which
depend on efficient logistics networks.
An air
freight village could also help decongest cargo operations around Chennai by
creating additional capacity for future trade growth. As air cargo volumes
rise, dedicated logistics zones are increasingly seen as essential for
improving turnaround times and supply chain reliability.
Analysts
believe the proposed development near Parandur could become a transformative
logistics asset for South India, enhancing the region’s competitiveness in
global supply chains while generating investment and employment opportunities.
IATA calls on regulators to suspend
airport slot rules during Middle East crisis
IATA is
calling on governments to temporarily suspend the 80/20 airport slot rule for
airlines in response to the Middle East conflict.
At present,
airlines are allocated ongoing slots at airports as long as they use them 80%
of the time.
However,
Nick Careen, IATA senior vice president operations, safety and security, argues
that governments should implement the Justified Non-Use of Slots (JNUS)
exemption given the current circumstances.
Under JNUS,
the 80/20 slot utilisation calculation is frozen until the extraordinary
situation normalises and airlines can reasonably be expected to operate their
schedules.
“Over the
last month, we have seen headlines about closed airspace, reduced operations at
some airports, major re-routing to avoid conflict zones, and fuel shortages,”
according to Careen.
“For many
airlines, it has been impossible to operate their carefully planned schedules.
At the time of writing, this has been going on for a month and a half. And that
goes beyond the flexibility afforded by the normal 80/20 rule.
“And even if
the war ends today — which we all hope for — remedies for airline schedules
will not be immediate.
“Some
airlines have made pre-emptive cancellations to give passengers time to plan
around the disruptions.
“And
restarting operations will take time for aircraft and crews to re-position,
schedules to be rebuilt, and fuel supplies replenished, and networks need time
to recover. Getting back to normal will take months, not days.”
IATA would
like to see governments apply JNUS for a rolling six-week period until it is
clear that normal operations are possible.
“This will
give airlines something they urgently need right now: the certainty that their
network — and all the years of investments to support it — is not in peril
because of circumstances beyond their control,” says Careen.
In the past,
there have been incidents of airlines operating empty flights just to ensure
they hit the 80/20 calculation.
Careen
points out that applying JNUS would also avoid unnecessary flying, saving
scarce fuel and reducing disruption, keep airport capacity available, allowing
airlines that can operate to step in, protect historic slot rights to avoid
long‑term damage to airline networks and enable airlines to restore
connectivity as fast as possible when the situation stabilises.
“We all hope
that JNUS will not be needed for long,” said Careen. “Until the situation
stabilises and airlines can return to normal flying, JNUS is a critical
lifeline to protect the air connectivity that is important today, and that will
be even more important as we rebuild from conflict.”
Associations
have been increasingly concerned about the impact of the Middle East crisis on
the aviation market in recent days.
Last week,
industry association Airports
Council International (ACI) Europe warned that
if the passage through the Strait of Hormuz does not resume in “any significant
and stable way within the next three weeks” a systemic jet fuel shortage will
become a reality for the European Union (EU).
It called on
the EU to implement a monitoring platform to help coordinate the response and
map availability.
The
organisation would also like to see imports from alternative locations and
joint procurement across member states.
Meanwhile,
airline group Airlines for Europe (A4E) has called on the EU to implement
a series
of temporary measures to help carriers manage the impact of
the Middle East conflict.
YunExpress adds East Midlands Airport
cargo facility
Express
delivery firm YunExpress has begun operations at a new cargo facility it has
developed at East Midlands Airport in the UK.
The
company’s UK East Midlands operation was recently recognised as a Regulated
Agent by the Civil Aviation Authority, has Internal Temporary Storage Facility
approval from Border Force and will handle its first flight on 30 April.
The facility
measures 7,000 sq m and was developed in an existing warehouse at the airport.
YunExpress
began operating its own Boeing 777 freighter
flights into East Midlands Airport from China last May, in partnership with Central Airlines.
The facility
will initially handle cargo for Central Airlines flights – currently four per
week, each carrying 100 tonnes of goods.
The aim is
to provide services to other carriers, with capacity and capability to support
further flights in the near future.
Orson Wang,
general manager of YunExpress UK, said: “Following a thorough evaluation of
potential locations, East Midlands Airport stood out for its central location,
strong cargo infrastructure and efficient access to the wider UK market.
“With the
necessary approvals now in place, we are pleased to begin operations and to
further strengthen YunExpress’s global service network, which supports
cross-border e-commerce flows across major international markets.”
Wang said
the company was looking at opportunities to work with airlines other than
Central.
“We are
particularly well placed to support Chinese operators as we really understand
their needs,” he said.
“We are
investing here for the long-term, with a view to developing our business into a
fully integrated, end-to-end logistics operation under the YunExpress brand.”
East
Midlands Airport commercial director Adam Andrew said that the investment by
YunExpress is further evidence of the importance of East Midlands Airport as
the UK’s largest dedicated freighter airport – pointing out that the airport
has 24/7 access and can reach 80% of the UK population in four hours.
To respond
to extra cargo activity, the airport has recently
reconfigured its cargo aprons so
that out of 27 cargo stands, 12 can now take wide-bodied aircraft, up from
seven previously.
There are
also plans
to develop other areas of the airport into cargo facilities.
“[YunExpress’s]
investment here is a shot in the arm for our cargo growth ambitions, which
could see four large plots on the airfield developed with new cargo
facilities,” said Andrew.
“We fully
anticipate YunExpress expanding their operation to support the growing number
of cargo operators choosing East Midlands Airport as their UK hub.”
Brussels Airport and United Cargo
target Virginia pharma volumes
Brussels
Airport, United Airlines and the Virginia Economic Development Partnership
(VEDP) are teaming up to support the transport of pharmaceuticals between the
US and Belgium.
The three
have signed a memorandum of understanding (MoU) that entails the creation of a
dedicated pharmaceutical corridor between Brussels Airport and Washington
Dulles International Airport with aligned processes and a standardised flow
between both airports.
United
Airlines will serve as the primary carrier on the route. The airline currently
operates a daily flight, mainly carrying pharmaceuticals and medical supplies.
Brussels
Airport chief executive Arnaud Feist said: “Strong partnerships and a
well-aligned community are essential for our cargo operations.
“With this
memorandum, we are creating a reliable corridor for pharmaceutical air cargo
with Washington Dulles International Airport.
“This
collaboration recognises Brussels Airport’s expertise in pharma logistics and
the strength of our ecosystem.
“By sharing
best practices and exchanging knowledge, we can work more efficiently and
continue to strengthen transatlantic pharma supply chains.”
Belgium is
the world’s fourth-largest exporter of pharmaceutical products, while
pharmaceutical companies in Virginia are expected to make further investments
in the state, creating new opportunities for transatlantic air cargo flows.
“International
connectivity is essential to supporting the growth of Virginia’s advanced
manufacturing and pharmaceutical industries. This partnership underscores the
value of long-term collaboration in building resilient supply chains and
expanding Virginia’s reach across Europe and beyond,” said Jason El Koubi, VEDP
president and chief executive.
United
Airlines vice president Americas for cargo Chris Busch added: “Cargo is
considered an important part of United’s revenue and profitability.
“We are a
passenger airline, and that’s the main reason for the destinations we serve,
but the opportunity we have to put cargo on our aircraft contributes to the
profitability and success of our network.”
IATA the latest to warn over European
jet fuel shortages
IATA has
joined a growing chorus of voices warning that European flights could start to
be cancelled in the coming weeks due to a jet fuel shortage as a result of the
Iran War.
Last week,
concerns about jet fuel shortages in Europe hit the headlines when the head
of the International Energy Agency (IEA) told the Associated Press that Europe had only six weeks of jet fuel supplies
before shortages would start to result in flight cancellations.
Following
the reports, IATA director general Willie Walsh said the association also
foresaw shortages in the coming weeks.
“The IEA’s
assessment of potential jet fuel shortages is sobering,” said Walsh. “We have
also estimated that by the end of May we could start to see some cancellations
in Europe for lack of jet fuel.
“This is
already happening in parts of Asia. Along with doing everything possible to
secure alternative supply lines, it’s important that authorities have
well-communicated and well-coordinated plans in place in case rationing becomes
necessary, including for slot relief.”
The
shortages are being caused by the closure of the Strait of Hormuz as a result
of the Iran War. Around 20% of oil passes through the strait.
Last week,
airline group Airlines for Europe (A4E) called
on the European Union (EU) to implement a
series of temporary measures to help carriers manage the impact of the Middle
East conflict.
A4E, which
has 16 airline members representing 80% of European air traffic, has called on
the EU to implement monitoring of jet fuel availability and the provision of
legal clarity on existing legislation.
Meanwhile,
airport association Airports Council International (ACI) Europe had written to
the EU to warn that airports
could start running out of jet fuel in the
coming three weeks unless the Strait of Hormuz opens soon.
ACI called
for the creation of an EU monitoring platform to help coordinate the response
and map availability.
The
organisation would also like to see imports from alternative locations and
joint procurement across member states.
Dutch
carrier KLM has already started adjusting its flight schedules as rising fuel
prices had made certain flights “no longer financially viable to operate”.
However, it
added that “there is no kerosene shortage”.
Meanwhile,
Lufthansa sped up the retirement of aircraft operated by its CityLine
subsidiary in view of increased kerosene prices, which it said had more than
doubled compared to the period before the Iran war.
As a result,
Lufthansa Cargo’s A321 freighters that had been operated by CityLine have temporarily been
grounded.
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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