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  May 23,  2026


Today’s Exchange Rates


CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

 

USD/INR

95.69

0.509995

-0.53014

96.26

96.20

 

EUR/USD

1.16

-0.0019

0.163532

1.1619

1.1619

 

GBP/INR

128.4992

0.794296

0.614336

129.234

129.2935

 

EUR/INR

111.0416

0.798996

0.714406

111.7627

111.8406

 

USD/JPY

159.155

0.175003

0.110079

158.98

158.98

 

GBP/USD

1.3427

-0.0004

0.029778

1.3431

1.3431

 

JPY/INR

0.6015

-0.0036

0.594943

0.6051

0.6051

 



///                   Sea Cargo News            ///

Emirates Shipping Line launches CSX2 service

Emirates Shipping Line (ESL) has announced the launch of CSX2, a new weekly container service connecting key ports in China with Indian Subcontinent, set to commence on June 11, 2026.

The service offers direct and reliable connectivity between the two regions and includes seamless trans-shipment options for Red Sea cargo via Mundra, positioning the Indian port as a key hub within the new string.

CSX2 has been designed to capture growing trade flows between China and the Indian Subcontinent, two or the world’s most dynamic and fast expanding cargo markets. The service will be supported by ESL’s established agency network across the region.

The launch reinforces Emirates Shipping Line’s broader commitment to expanding its footprint in Asian trades and delivering dependable, market responsive solutions to its customers. Further details on the full port rotation and vessel deployment are expected ahead of the June 11 start date.

 

COSCO SHIPPING launches new Gdynia feeder service with Diamond Line

COSCO SHIPPING will launch a new feeder service from Baltic Container Terminal starting in the first week of June. The new GGS feeder service will operate together with Diamond Line and provide two weekly feeder calls from Gdynia to major European hub posts.

COSCO SHIPPING said the new service will improve network connectivity, operational flexibility and cargo handling efficiency. The feeder network from Port of Gdynia Authority will connect with several COSCO SHIPPING ocean services across multiple trade lanes.

The  network will support services to the Middle East through EPIC3 and NET, including new links to Jeddah and Aqaba. Mediterranean connections will include the NET and NET2 services.

The feeder system will also connect cargo flows to North America through the  TAE, EAG, ELSA and GEX services covering the US East Coast, Gulf, Mexico, US West Coast and Canada.

Additional links will support trade with South America’s east and west coast as well as West Africa. COSCO SHIPPING said the increased feeder frequency will allow the company to respond more effectively to changing customer and supply chain requirements.

///                   Air Cargo News            ///

IAG Cargo launches new Madrid Monterrey route

IAG Cargo will launch new cargo services connecting Spain with Mexico and Peru from June 2026. The company will introduce three weekly flights between Madrid and Monterrey starting on June 02, 2026. 

It will also launch three weekly services between Barcelona and Lima from June 03, 2026.

The Madrid-Monterrey route marks the first direct cargo service connection operated by IAG Cargo between Spain and Northern Mexico.

The company said the new service strengthens trade links between Europe and one of Mexico’s key industrial regions.

Monterrey is a major manufacturing hub with strong automotive, aerospace and high-tech industries.

IAG Cargo noted that the route also supports nearshoring trends linked to North American supply chains. The Barcelona-Lime service will support cargo flows between Spain and Peru, including perishables, pharmaceuticals and high-value goods.

The new routes form part of IAG Cargo’s wider summer network expansion. The company currently operated 275 weekly widebody connections from its Spanish hubs to North America, Latin America and the Caribbean.

“Latin America remains one of the most important regions in global air cargo”, said Camilo Garcia Cervera, Chief Sales and Marketing Officer at IAG Cargo.  “The new Madrid-Monterrey service creates a direct link for the first time, supporting trade flows between Europe and Northern Mexico”.

IAG Cargo operates through hubs in London, Madrid, Dublin and Barcelona, connecting cargo markets across six continents.

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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