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

 

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

 

 

Corporate News Letter for Friday  August  07,  2026


Today’s Exchange Rates


CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

 

USD/INR

95.2625

0.032494

0.034121

95.29

95.23

 

EUR/USD

1.1522

-0.0003

-0.026035

1.1525

1.1525

 

GBP/INR

128.1519

0.017105

0.013349

128.1396

128.1348

 

EUR/INR

109.7662

-0.104401

-0.095021

109.761

109.8706

 

USD/JPY

158.414

-0.015991

-0.010094

158.43

158.43

 

GBP/USD

1.3453

-0.0002

-0.014867

1.3455

1.3455

 

JPY/INR

0.6014

0.0004

0.066557

0.601

0.601

 


///                   Sea Cargo News            ///

TYPHOON DOLPHIN THREATENS NINGBO PORT OPERATIONS


Dear Customer,

We would like to inform you that Typhoon Dolphin is approaching the East China coast, with precautionary measures now being introduced in and around Ningbo.

According to the latest operational information received by our teams, a phased suspension of container pick-up and delivery activities across Ningbo terminals is expected from 7 August 2026:

•  Empty container pick-up suspended from 12:00
•  Laden container gate-in suspended from 20:00

Ningbo terminals will subsequently close for typhoon prevention measures and are expected to remain suspended until conditions allow operations to safely resume.

As a result, customers may experience:

•  Vessel delays
•  Shipping schedule adjustments
•  Port congestion and recovery delays following reopening

Whilst the most immediate operational impact is expected in Ningbo, weather conditions may also affect other ports and shipping services across eastern China and the wider region.

Our teams across Ningbo, Shanghai, Shenzhen and Hong Kong are actively monitoring the situation and remain in close contact with carriers, terminal operators and local partners to provide the latest information and minimise disruption wherever possible.

We recommend that customers review any critical shipments that may be affected and speak to Jupiter Staff regarding contingency options where required.

We will continue to provide updates as further information becomes available.

 

 

 

HMM enters East Africa trade with new GIA service


HMM
has strengthened its presence in emerging African markets by launching the new GIA (Gulf–India–Africa) service, marking the carrier’s entry into the East Africa trade.

The new service expands HMM’s global liner network by connecting the Middle East, India and East Africa through a dedicated rotation. The move reflects growing demand for containerised cargo in East African markets, where infrastructure investment, rising consumer demand and expanding trade continue to attract major container carriers.

The GIA service will call Jebel Ali, Mundra, Mombasa, Dar es Salaam, Mundra and Jebel Ali.

The rotation provides direct links between one of the Gulf’s largest transshipment hubs, India’s west coast and two of East Africa’s busiest container ports.

Mombasa serves as the main maritime gateway for Kenya and several neighbouring landlocked countries, while Dar es Salaam plays a critical role in serving Tanzania and regional markets across East and Central Africa.


The service also strengthens the carrier’s portfolio in emerging markets, complementing its existing global network across Asia, Europe, North America and the Middle East.

With the introduction of the GIA service, HMM further broadens its network coverage while offering customers an additional direct option for cargo moving between the Gulf, India and East Africa.

PIL restructures Mozambique and Indian Ocean Islands network


Pacific International Lines (PIL) will temporarily restructure its existing Mozambique Service into three dedicated loops.

According to the company, the revised structure will improve service reliability, schedule stability and visibility for customers.

Mozambique Service 1

The Mozambique Service 1 (MZ1) will follow this rotation:

Singapore – Beira – Singapore

The first sailing under the revised deployment will take place on 9 August 2026.

Mozambique Service 2

The Mozambique Service 2 (MZ2) will follow this rotation:

Singapore – Nacala – Maputo – Singapore

The first sailing under the revised deployment will take place on 13 August 2026.

Indian Ocean Express Service

The Indian Ocean Express Service (IOX) will follow this rotation:

Singapore – Port Louis – Reunion – Tamatave – Singapore

The first sailing under the revised deployment will take place on 6 August 2026.

Arkas and Turkon add Safaga to Turkey–India service


Arkas Line
and Turkon Line have expanded their jointly operated Turkey–Red Sea–India (TRI) service by introducing a new port call at Safaga, Egypt, further strengthening connectivity between the eastern Mediterranean, the Red Sea and the Indian subcontinent, accordig to DynaLiners.

The addition of Safaga forms part of the carriers’ efforts to enhance regional coverage while offering customers greater flexibility for cargo moving between Turkey, Egypt, Saudi Arabia and India. The revised network is expected to improve access to Egypt’s Red Sea coast and provide an additional gateway for importers and exporters serving the region.

Under the revised schedule, the service will rotate through Ambarli, Izmit, Aliaga, Mersin, Iskenderun, Safaga, Jeddah, Nhava Sheva, Mundra, Jeddah, Safaga, Iskenderun, Mersin and back to Ambarli.

Safaga has become an increasingly important gateway for cargo moving into Upper Egypt and neighbouring markets. By incorporating the port into the TRI rotation, Arkas and Turkon are expanding their regional network while providing another option for customers trading through the Red Sea corridor.

The service continues to connect several of Turkey’s main export hubs with key ports in Saudi Arabia and India’s west coast. Meanwhile, the additional Egyptian call is expected to improve cargo distribution across the region without altering the service’s direct links with India.

The latest revision reflects the continued adjustments carriers are making to their service networks as demand patterns evolve across the Mediterranean, Middle East and South Asia. Network refinements, including new port calls and revised rotations, remain a common strategy for improving schedule reliability and strengthening regional connectivity.

Ukrainian drones sink Russian-flag container ship Yanina in Black Sea

Ukrainian forces have sunk the Russian-flagged container ship FESCO Yanina in the Black Sea, according to statements from Ukrainian President Volodymyr Zelenskyy and Russia’s state nuclear corporation Rosatom.

Rosatom said the vessel was struck by two Ukrainian naval drones overnight on 1 August while sailing approximately 130 nautical miles from the Russian port of Novorossiysk. These details have not been independently verified.

FESCO Yanina, IMO 9301304, was operated by Russian logistics company FESCO, which has been controlled by Rosatom since 2023. The 2005-built vessel had a capacity of 962 TEU and a deadweight of 13,007 tonnes.

According to Rosatom, the ship began to sink following the attack, forcing its 17 crew members to abandon the vessel. All crew members were reportedly rescued.

Rosatom claimed that FESCO Yanina was sailing in international waters and carrying civilian cargo, including frozen food and construction materials. There was no immediate indication that the ship was transporting nuclear material or conducting activities connected to Rosatom’s nuclear operations.

“Such an attack cannot be interpreted as anything other than piracy and robbery at sea,” said Alexei Likhachev, Director General of Rosatom.

Zelenskyy confirmed the strike and described FESCO Yanina as a sanctioned Russian vessel. Publicly available sanctions information indicates that FESCO is subject to international sanctions, although it is unclear whether the vessel itself has been separately designated.

Zelenskyy said the ship was among the facilities supporting Russia’s war effort.

“Thanks to the precision of our Defense Forces, it was sent to the bottom,” said Zelenskyy.

Following the incident, FESCO said the group continued to operate normally and fulfil its obligations to customers. The company added that the safety of navigation and its crews, as well as the interests of its customers and partners, remained its priorities.

Ukraine also targets Russian oil refineries

During the same overnight operation, units of the Security Service of Ukraine struck infrastructure at three oil refineries in Russia’s Bashkortostan region, according to Zelenskyy.

The targets were located nearly 1,600 kilometres from Ukraine and process millions of tonnes of oil annually, he said. The extent of the damage was not immediately clear.

Zelenskyy said the attacks formed part of Ukraine’s long-range campaign against facilities that sustain Russia’s military operations.

Adani Ports evaluates potential bid for Associated British Ports

Adani Ports and Special Economic Zone (APSEZ) is considering a potential bid for Associated British Ports (ABP), the United Kingdom’s largest port operator.

According to reports, ABP operates 21 ports across the UK. Its portfolio includes the Hull Container Terminal and the Immingham Container Terminal.

Together, ABP’s ports handle around one quarter of the UK’s seaborne trade.

The company is currently owned by a consortium led by the Canada Pension Plan Investment Board (34%) and the Ontario Municipal Employees Retirement System (33%).

No formal offer has been announced.

Hapag-Lloyd suspends feeder connections to Odesa region ports

Hapag-Lloyd has announced the temporary suspension of feeder connections to three Ukrainian Black Sea ports due to the worsening security situation in the Odesa region.

Feeder operators have stopped vessel calls at Chornomorsk, Odesa and Pivdennyi until further notice.

As a result, cargo originally booked for these destinations may be discharged at an alternative port. Any decision will depend on operational feasibility and the relevant safety and security assessments.

Reni considered as preferred alternative

Hapag-Lloyd is assessing Reni, Ukraine, as the preferred alternative discharge location for affected cargo where operationally possible.

The carrier may contact customers directly to obtain instructions and arrange a change of destination to Reni.

When Reni is not operationally or commercially feasible, customers may be offered alternative destinations in Romania or Poland.

Hapag-Lloyd will review these options individually based on the shipment details and instructions provided by the customer.

Additional costs charged to cargo interests

Hapag-Lloyd said it continues to assess alternative arrangements under Clause 17, “Matters Affecting Performance,” of its Bill of Lading terms and conditions.

The carrier aims to protect affected cargo and limit further disruption while feeder connections remain unavailable.

Cargo interests will be responsible for any additional costs linked to storage, onward transportation, changes of destination or other necessary operational arrangements.

Port of New York and New Jersey handles 4.4 million TEUs in first half

The Port of New York and New Jersey handled 4.43 million TEUs during the first half of 2026, remaining virtually level with the same period last year.

June brought stronger growth as the port moved 769,422 TEUs. This represented an 11.9% increase from June 2025.

The port also handled 503,016 loaded TEUs during the month, up 7.6% year on year. This performance made New York and New Jersey the second-busiest US cargo gateway for loaded containers in June.

The Port Authority of New York and New Jersey linked the rise in June volumes to an earlier and front-loaded peak shipping season. It said changes in US trade policy influenced the timing of cargo movements.

Airports serve 67 million passengers

The Port Authority’s commercial airports welcomed 67 million passengers during the first six months of 2026. This marked a 2% decline from the same period of 2025.

The agency attributed the reduction mainly to macroeconomic uncertainty and volatile oil prices, which affected airfares. Spirit Airlines’ decision to end operations in May also affected domestic passenger numbers at LaGuardia Airport and Newark Liberty International Airport.

International passenger traffic declined by 4% year on year during the first half. However, domestic travel showed greater resilience. Domestic passenger numbers increased by 1% in June and by 0.4% during the second quarter.

Newark Liberty handled 22.8 million passengers during the first half, up 3% from the same period last year. Its June traffic increased by 5% year on year.

John F. Kennedy International Airport recorded a 5% decline in passenger traffic during the first six months. Meanwhile, LaGuardia Airport served 15.3 million passengers, down 3% year on year.

PATH records strongest first half since pandemic

The PATH commuter railway carried 31.4 million passengers during the first half of 2026. This represented a 7.5% increase from the previous year and its highest January-to-June total since 2020.

Monthly ridership reached 5.9 million passengers in June, making it PATH’s busiest month since March 2020.

Average Saturday ridership reached a record 144,391 passengers, while average Sunday traffic climbed to 114,146. Both figures were more than 25% above their June 2019 and June 2025 levels.

Average weekday ridership reached 222,812 passengers. The month’s busiest day was 18 June, when 252,272 people used the system during the New York Knicks championship parade.

Truck traffic reaches monthly record

The Port Authority’s six vehicular crossings handled 58 million eastbound journeys during the first half of 2026. This marked a 1.5% decline from the same period last year.

However, June became the busiest month for truck traffic in the agency’s history.

Approximately 795,000 eastbound trucks used the Port Authority’s bridges and tunnels during the month. This represented an 8.5% increase from June 2025.

///                   Air Cargo News            ///

Cathay Cargo revenue jumps 24% in H1 as AI boom fuel demand


Cathay Cargo reported a strong first-half performance for 2026, with revenue rising 23.9% year-on-year to HK$13.81 billion as sustained demand for cargo capacity, particularly for high-value technology shipments supporting the data centre industry and artificial intelligence boom, drove growth across its network.

Cargo volumes increased 8.5% to 869,000 tonnes, while cargo yield climbed 18.1% to HK$3.06 per available freight tonne kilometre, reflecting disciplined capacity management and strong customer demand.

“We delivered both tonnage and revenue growth by leveraging our network strength, working closely with key customers and applying disciplined inventory management,” reads the 2026 Interim Results.

The broader Cathay Group reported a first-half attributable profit of HK$6.24 billion, up 71% year-on-year, on revenues of HK$68.06 billion, supported by strong passenger and cargo demand, improved HK Express performance and stronger contributions from associates.

Despite nearly doubling jet fuel costs in the second quarter amid Middle East tensions, the Group increased its interim dividend by 30% to HK$0.26 per share. Cathay said cargo performance reflected sustained demand for capacity across key trade lanes, with growth supported by its global network, close collaboration with customers and disciplined inventory management.

The airline noted that demand for transporting high-value technology products linked to data centre expansion and AI applications was a major driver of results during the period. Operationally, Cathay Cargo expanded available freight tonne kilometres (AFTKs) by 4% to 7.63 billion, while revenue freight tonne kilometres (RFTKs) increased 4.9% to 4.51 billion.

Cargo load factor improved to 59.2% from 58.6% a year earlier, and cargo carried rose from 801,000 tonnes to 869,000 tonnes. Across its network, Cathay Cargo operated more than 90 return freighter flights each week to over 40 destinations while also utilising belly capacity on passenger services to more than 100 destinations worldwide.

During the first half, it increased transpacific freighter frequencies ahead of peak demand, reinstated weekly freighter services to Bangkok after a decade, added capacity on the Amsterdam-Paris route, and recorded strong demand for specialist products including Cathay Pharma, Cathay Secure, Cathay Priority and Cathay Fresh.

Freight operations to Dubai and Riyadh, however, remained suspended from March because of the Middle East situation. Cathay said it remains cautiously optimistic about the cargo peak season and plans to add freighter services on trunk routes in line with expected demand while further expanding capacity through additional Air Hong Kong freighter operations, although it continues to monitor geopolitical developments and elevated fuel prices.

National Airlines completes longest cargo flight from Prestwick


Glasgow Prestwick Airport (PIK) has supported National Airlines in completing its longest-ever cargo flight, transporting a critical aerospace component from Prestwick to Melbourne Airport (MEL), Australia, for a grounded aircraft.

The nearly 20-hour flight covered 9,849 miles and made use of Prestwick Airport's unrestricted 24/7 operating environment, in-house cargo handling capabilities and its proximity to the Prestwick aerospace cluster. The flight was operated by National Airlines using its new Boeing 777 Freighter, brokered through Golden Aviation, in response to an urgent aircraft-on-ground (AOG) requirement.

The component was transported directly from Prestwick to Melbourne. Aerospace cargo for National Airlines' B777F Jules Matteoni, Chief Executive Officer of Glasgow Prestwick Airport, said the airport's unrestricted operations, experienced in-house teams and direct access to an established aerospace cluster enable it to support complex, time-critical missions at short notice.

He congratulated National Airlines on the achievement and said the flight is believed to be the longest commercial cargo flight operated by a Boeing 777 Freighter anywhere in the world. He added that the airport was proud to have supported the mission and remains ready to handle urgent charter requirements where speed and flexibility are needed.

Alan White, Chief Growth Officer at National Airlines, said the mission demonstrated the airline's ability to deliver mission-critical cargo anywhere in the world by combining speed, operational excellence and global reach. He said the airline's flight operations, maintenance, dispatch and ground teams can position its freighter fleet within hours of a customer enquiry and carry out time-critical missions with precision.

He also thanked the Glasgow Prestwick Airport team for its operational flexibility and specialist support in handling the AOG components and ensuring the mission was completed on schedule. David Giles, Director of Operations at Golden Aviation, said the charter required all stakeholders to work together to arrange the landing, handling, parking, processing, loading, refuelling and slot approvals over the weekend so the flight could depart as soon as possible on Monday.

He said the Prestwick team handled the operation efficiently from start to finish and ensured the aircraft departed on schedule. He added that the airport's professionalism, responsiveness and ability to act quickly across all aspects of the ground handling operation were key to the success of the urgent charter.

Intradco leads first beluga rescue flight to US homes


Six of Marineland Canada’s remaining 30 beluga whales have completed their journey to new homes in the United States, marking the first phase of a long-planned and tightly coordinated international relocation effort. The move follows the closure of the Niagara Falls marine park in September 2024 and represents a critical step in securing long-term, specialised care for the animals.

The six whales are part of a large pod that had been living at Marineland, a now-closed facility that can no longer support their ongoing welfare needs. Their transfer is the beginning of a multi-stage rescue initiative designed to ensure stability, expert veterinary oversight, and improved living conditions for all belugas still at the site.

A key partner in this complex operation is Intradco Global, the live-animal transportation specialist under the Chapman Freeborn Group. Intradco is providing the logistical expertise, equipment, and coordination required for a relocation of this scale, working alongside veterinarians, regulators, and receiving facilities to ensure the whales’ safety throughout the journey.

The whales, four bound for Shedd Aquarium in Chicago and two for SeaWorld San Antonio, completed their move on July 21, 2026, traveling from Marineland in Ontario. The whales were moved by road to Toronto Pearson International Airport, from where they were flown to their final US destinations aboard Qatar Airways Cargo freighter aircraft.

Marineland had operated from 1961 until its closure in 2024, after which the facility's care costs were sustained entirely by donations. When funding began drying up, caretakers warned Canadian authorities in October 2025 that euthanasia could become unavoidable without government support, underscoring the urgency behind the relocation programme now underway.

The mission was led by Dennis Christen, Global Product Manager for Wildlife, Zoological, and Marine Logistics at Intradco Global. Christen joined the company in September 2025, bringing 36 years of hands-on marine mammal experience from senior roles at Vancouver Aquarium, Alaska SeaLife Center, and Georgia Aquarium, a background that shaped the operation from its earliest planning stages.

ePlane signs five strategic partnerships for e200X at FIA 2026


The ePlane Company announced five strategic partnerships at the Farnborough International Airshow 2026 to strengthen the supply chain for its e200X electric vertical take-off and landing (eVTOL) aircraft. The partnerships cover electrical wiring systems, aerospace-grade fasteners, avionics, composite materials, and modular interiors as the company advances the aircraft towards certification.

The partnership announcements follow two major milestones for The ePlane Company this month. At the Farnborough International Airshow 2026, the company unveiled PT-01, the first full-scale prototype of its e200X eVTOL aircraft, which is designed for passenger, cargo and emergency medical transport applications.

It also signed a memorandum of understanding with Apollo Hospitals to jointly develop an electric air ambulance network in India, with the aim of reducing emergency response times using eVTOL aircraft. According to the company, the agreements strengthen the industrial ecosystem supporting the e200X programme.

The ePlane Company signed a Memorandum of Understanding with SASMOS HET Technologies to collaborate on the engineering, design and industrialisation of Electrical Wiring Interconnection Systems (EWIS) for the e200X. The collaboration is intended to progress towards a definitive agreement and is expected to include harness architecture, design for manufacturability, prototype evaluation and certification readiness.

The companies will also explore mission-critical electronic integrated systems, including overhead circuit breaker panels, high-voltage power distribution units, electronic speed controllers and motor controllers. The company also entered into a strategic partnership with Ankit Aerospace Private Limited to supply aerospace-grade fasteners for the e200X. The precision-engineered components are designed to support critical aircraft structures.

The ePlane Company also showcased its ongoing partnership with HENSOLDT Avionics, first announced in February 2026. HENSOLDT continues to supply the avionics suite and flight radar for the e200X, supporting navigation, situational awareness and connectivity as the aircraft moves towards certification.

The company has also partnered with Azista Composites to supply composite materials, including carbon fibre prepregs and glass prepregs, for airframe and radome applications. The partnership also includes the development of material specifications based on the e200X programme's requirements.

In addition, The ePlane Company signed a strategic partnership with AMS Heli Design to explore modular interior and seating solutions for the e200X. The interiors are intended to support multiple mission configurations, including air ambulance, air taxi, cargo and VIP operations using a single airframe.

"These partnerships reflect the strength and depth of the ecosystem we're building around the e200X. From wiring and fasteners to avionics, composites, and interiors, each of these relationships strengthens our path toward a certifiable, Made-in-India electric aircraft," said Satya Chakravarthy, Founder and CTO, The ePlane Company.

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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