JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News Letter for Monday August 17, 2026
Today’s Exchange Rates
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/// Sea Cargo News ///
Seven
Chinese vessels set to sail to Europe via Northern Sea Route
Seven Chinese vessels are set to sail to Europe via Russia’s Northern Sea Route (NSR), as plans move forward for a regular container shipping service through the Arctic.
Russia’s state nuclear corporation Rosatom,
which operates the Northern Sea Route, said it has issued permits for seven
Chinese transit vessels.
Meanwhile, Chinese container carrier Sea
Legend Shipping plans to launch what Rosatom described as the first regular
container service to Europe via the NSR.
Regular container service planned via
Northern Sea Route
The planned service represents a shift from
previous container voyages through the Arctic route.
Earlier container shipments were mainly
experimental or operated as individual voyages. However, the 2026 programme is
designed as a regular service.
“Unlike previous container shipments via the
Northern Sea Route, which were largely experimental or one-off in nature, the
2026 programme provides for a fully-fledged regular service with vessels
sailing every week throughout the navigation season,” said Alexei Likhachev,
Head, Rosatom.
The development could increase the role of
the Northern Sea Route in container trade between Asia and Europe.
Russia has promoted the Arctic corridor as an
alternative shipping route between the two regions. However, higher operating
costs and seasonal ice conditions have limited its development.
Russia sees growing role for Arctic shipping
route
According to Likhachev, changing geopolitical
and logistics conditions could increase the importance of the Northern Sea
Route.
He pointed to the deteriorating situation in
the Persian Gulf, including developments around the Strait of Hormuz. He also
cited wider political and logistics uncertainty.
Russia has long sought to develop the NSR
into a major international shipping corridor.
The route runs through Arctic waters along
Russia’s northern coastline. Its development could provide another connection
between Asian and European markets, although navigation remains affected by
seasonal conditions.
The planned weekly service during the 2026
navigation season would mark a further step towards regular commercial
container operations along the route.
Global
container port throughput exceeds 1 billion TEU in 2025
Global container port throughput reached an
estimated 1.012 billion TEU in 2025, rising 8% from the previous year,
according to DynaLiners’
latest Millionaires report.
The estimated worldwide total increased from
937.3 million TEU in 2024 and 876 million TEU in 2023.
At the same time, 171 ports handled more than
1 million TEU during 2025. Together, these ports processed approximately 884
million TEU, up 6% from 830.9 million TEU a year earlier.
Global container port throughput reached an estimated 1.012 billion TEU in 2025, up 8% year on year. Source: DynaLiners Millionaires.
Despite the increase, their share of
estimated global container port throughput declined from 89% in 2024 to 87% in
2025.
Ports outside the million-TEU group grew
considerably faster. Their combined throughput climbed 21% to 128.3 million
TEU, compared with 106.4 million TEU in 2024.
The figures indicate that growth in global
container handling during 2025 extended beyond the largest ports, with smaller
gateways collectively expanding at a faster rate.
Far East dominates container port volumes
The Far East remained by far the largest
trade area among ports handling more than 1 million TEU.
Its 63 qualifying ports processed a combined
531.2 million TEU in 2025, representing growth of 6% year on year.
North America ranked second with 70 million
TEU across 19 ports, followed by North Europe with 60.5 million TEU across 14
ports.
However, the strongest percentage growth came
from other regions.
Africa recorded the highest increase at 12%,
with its 15 million-TEU-plus ports handling 39.3 million TEU. Latin America
followed with growth of 11% to 45.3 million TEU.
The Indian Subcontinent increased 10% to 35.3
million TEU, while the Middle East grew 8% to 44.6 million TEU. North Europe
expanded 7%, the Far East 6%, North America 4%, the Mediterranean 3% and
Australasia 2%.
Shanghai remains the world’s largest
container port
Shanghai retained the top position in the
global port ranking after handling 55.06 million TEU in 2025, an increase of 7%
from 51.51 million TEU in 2024.
Singapore remained the world’s second-largest
container port, with throughput rising 9% to 44.66 million TEU.
Ningbo ranked third after recording one of
the strongest growth rates among the world’s largest ports. Its throughput
increased 12% to 43.87 million TEU from 39.31 million TEU in 2024.
Shenzhen maintained fourth place with 35.41
million TEU, up 6%, while Qingdao ranked fifth with 32.89 million TEU following
7% growth.
Overall, 19 ports handled more than 10
million TEU during the year. The group included Antwerp, Busan, Dubai,
Guangzhou, Hong Kong, Laem Chabang, Los Angeles, Ningbo, Port Klang, Qingdao,
Rotterdam, Shanghai, Shenzhen, Singapore, Suzhou, Tangier, Tanjung Pelepas,
Tianjin and Xiamen.
China leads millionaire-port throughput
China remained the largest national market in
the DynaLiners ranking.
The country’s 30 ports handling more than 1
million TEU processed a combined 306.4 million TEU in 2025. This represented
growth of 6% from 287.8 million TEU in the previous year.
The United States ranked second, with 13
qualifying ports handling a combined 55.55 million TEU, up 4%.
Singapore ranked third at country level with
44.66 million TEU, followed by Malaysia with 31.6 million TEU and South Korea
with 30.39 million TEU.
Vietnam was another notable growth market.
Its four million-TEU-plus ports handled 25.88 million TEU, an increase of 11%
from 2024. India also recorded 12% growth, reaching almost 20 million TEU
across four qualifying ports.
Twelve ports join the million-TEU club
The expansion of global container port
throughput also brought 12 new ports above the 1 million TEU threshold.
Aqaba, Baltimore, Dar es Salaam, Dong
Nai/Phuoc An, El Sokhna, Gdynia, Huanghua, Manaus, Rio Grande, Tanjung Emas,
Vizhinjam and Wilhelmshaven were the new entrants in 2025.
Montevideo was the only port to drop out of
the group.
In total, 135 of the 171 ports recorded
positive growth during the year. Fourteen expanded by at least 25%, while 36
ports reported lower throughput. Haikou, down 28%, was the only port to record
a decline of more than 25%.
The figures underline the broad expansion of
container handling activity in 2025. While the world’s established container
hubs continued to account for most volumes, ports below the 1 million TEU
threshold collectively grew much faster than the millionaire-port group.
DynaLiners defines port throughput as full
and empty containers loaded and discharged to and from ocean-going short-sea
and deep-sea vessels, covering imports, exports and transshipment.
The report notes that some figures are
estimated. It also highlights differences in reporting periods and port
definitions, while noting that Chinese port statistics can include significant
volumes of containerised river cargo.
Hapag-Lloyd’s
$4.2 billion Zim deal faces growing opposition in Israel
Hapag-Lloyd and FIMI’s proposed $4.2 billion acquisition of Zim is facing growing opposition from Israeli authorities, raising doubts over whether the deal will receive government approval.
A meeting between eight government agencies
expected to submit their positions on the transaction has been postponed. It is
now scheduled for 9 September, according to a report by Calcalist.
Most of the agencies are expected to oppose
the transaction. However, no final decision has been made.
Hapag-Lloyd and FIMI are expected to receive
a hearing at Israel’s Companies Authority after the agencies submit their
positions. This could provide the buyers with another opportunity to make their
case.
Israeli Shipping Authority maintains
opposition to Zim deal
Tzadok Radker, head of Israel’s Shipping and
Ports Authority, has submitted a second opinion on the proposed acquisition.
His position remains against the deal.
The authority plays an important role in the
review process, as several government agencies rely on its professional
assessment.
Its latest opinion came after Hapag-Lloyd,
FIMI and Zim submitted additional information about the proposed transaction.
The buyers have outlined several commitments
for a new Israeli shipping company that would be separated from Zim’s
international operations.
Under the proposal, Zim Israel would operate
16 ships. Hapag-Lloyd has also pledged to establish a new Israeli regional
division with 200 employees.
In addition, the plan includes a technology
centre with between 250 and 300 full-time employees. Employment guarantees
would remain in place for 10 years.
The proposed Zim Israel would also begin
operations without debt. The current Zim has approximately $2.9 billion in
debt.
Concerns over Zim Israel’s independence
Despite these commitments, the Shipping and
Ports Authority remains concerned about the independence of the proposed
company.
“The cumulative weight of the positive data
presented is limited in relation to the fundamental issues relating to
effective control, economic and operational independence, the company’s
sustainability over time and the preservation of the national interests
underlying the special share (the golden share),” the authority’s opinion
stated.
According to the authority, the additional
information has not addressed its main concerns.
“Therefore, the position of the Shipping
Authority remains unchanged. There is no additional information presented that
indicates a change in the position conveyed in the past, and therefore there is
no reason to approve the transaction in its current form,” the opinion added.
The authority argues that Zim Israel would
remain dependent on Hapag-Lloyd for access to capacity, international routes,
key markets and operating infrastructure.
It also believes the smaller Israeli company
could face challenges in meeting the requirements linked to the state’s golden
share if financial or operational problems emerge.
However, the authority acknowledged some
positive elements. These include commitments to retain existing Israeli
seafarers and train additional workers.
FIMI challenges authority’s assessment
FIMI rejected the Shipping and Ports
Authority’s conclusions.
“The Shipping Authority’s position is based
on fundamentally incorrect factual assumptions,” FIMI said.
The investment fund said it had made
significant changes to the proposal to address concerns raised during the
review process.
Hapag-Lloyd, FIMI and Zim have submitted
around 600 pages of material supporting the transaction. They have also
provided opinions from Ernst & Young, Boston Consulting Group and former
Shipping and Ports Authority head Yigal Maor.
According to the report, the buyers received
174 questions from the eight government agencies and have answered 120 of them.
FIMI maintains that the proposed Zim Israel
would operate as an independent Israeli shipping company.
“The new Zim will be an independent and
strong Israeli company at all levels of its activity, independent of any
foreign entity,” FIMI said.
Decision on Hapag-Lloyd-Zim deal expected
next month
Several Israeli government bodies are
currently opposed to the transaction.
These reportedly include the Defense
Ministry, Economy Ministry, Agriculture Ministry and Transportation Ministry.
The Accountant General’s Department within the Finance Ministry is also
understood to oppose the deal.
Meanwhile, the Finance Ministry and National
Maritime Administration have yet to submit their final positions.
An official decision is expected after the
Companies Authority receives the positions of the relevant government bodies.
If the deal is rejected, FIMI is not expected
to challenge the decision in court. Hapag-Lloyd, however, could consider legal
action.
Maersk and
Hapag-Lloyd reroute Gemini service through Red Sea
Maersk and Hapag-Lloyd will reroute a Gemini
Cooperation service through the Red Sea and Suez Canal. The carriers will
replace the current route around the Cape of Good Hope.
Maersk identifies the service as AE19, while
Hapag-Lloyd refers to it as SE4. The service connects Asia with Saudi Arabia,
the Mediterranean and Europe.
The carriers agreed on the structural change
after assessing the security situation in the Red Sea region. Moreover, the
decision marks a step towards a gradual return to the trans-Suez corridor.
First sailings under revised Gemini routing
Berlin Maersk will operate the first
westbound sailing under the revised route on voyage 628W. The vessel will also
operate the first eastbound sailing on voyage 637E.
The change takes effect immediately, starting
with the westbound voyage.
Revised service rotation
Berlin Maersk voyage 628W will follow this
rotation:
Xingang – Qingdao – Busan – Ningbo – Shanghai
– Tanjung Pelepas – Jeddah – Suez Canal – Port Said – Tangier – Port Said –
Suez Canal – Jeddah – Singapore – Xingang
Faster connection between Asia and Europe
The carriers said the Red Sea route provides
a more direct and efficient connection between Asia and Europe. As a result,
customers will benefit from shorter transit times compared with the Cape of
Good Hope route.
However, Hapag-Lloyd stressed that safety
remains its main priority. The carrier will continue to monitor developments in
the region. Further changes could follow if the security situation develops.
CMA CGM
introduces dangerous goods surcharges on several trades
CMA CGM will introduce Dangerous Goods Surcharges for IMDG cargo moving on several international trades.
The surcharges cover shipments from North
Europe, the Mediterranean, North Africa and the United States.
North Europe to Jeddah and Port Sudan
From 3 August 2026, CMA CGM will apply the
surcharge to all IMDG cargo from North Europe.
The destination scope covers Jeddah in Saudi
Arabia and Port Sudan in Sudan.
The surcharge amounts are:
·
US$5,100 per 20-foot container
·
US$5,200 per 40-foot and 45-foot container
Mediterranean to the Middle East and Red Sea
From 4 August 2026, CMA CGM will charge
US$5,000 per container for IMDG dry cargo from the Mediterranean.
The surcharge covers shipments to Kuwait,
Qatar and ports in Bahrain. It also applies to Dammam in Saudi Arabia and ports
across the Red Sea.
North Africa to the Middle East
CMA CGM will introduce a surcharge of
US$5,000 per container from 6 August 2026.
The charge applies to IMDG dry cargo from
North Africa to Kuwait, Qatar and ports in Bahrain. Dammam in Saudi Arabia also
falls within the destination scope.
United States to Jeddah, Port Sudan and
Massawa
From 1 September 2026, CMA CGM will apply a
US$5,000 surcharge to all IMDG cargo from all US coasts.
The charge covers 20-foot, 40-foot and
45-foot containers.
The destinations include Jeddah in Saudi
Arabia, Port Sudan in Sudan and Massawa in Eritrea.
United States to Aqaba
CMA CGM will also introduce a surcharge for
IMDG dry cargo from all US coasts to Aqaba, Jordan.
The surcharge will take effect on 3 September
2026.
The amounts are:
·
US$225 per 20-foot container
·
US$350 per 40-foot and 45-foot container
CMA CGM said it will continue monitoring the
situation and inform customers of any significant developments.
Readers
Speak: International oversight favoured for the Strait of Hormuz
The latest Readers Speak poll suggests that readers believe the Strait of Hormuz would be best served through international oversight rather than unilateral or purely regional management.
Across both audiences, “International
body” emerged as the preferred option by a clear margin. The results
indicate that readers place greater confidence in internationally recognised
governance than in exclusive national or regional control of one of the world’s
most strategically important shipping corridors.
International oversight receives the
strongest support
The winning response in both polls was “International
body.”
The outcome suggests that readers believe an
internationally recognised framework would provide the most effective basis for
overseeing the Strait of Hormuz. The preference may reflect the importance of
maintaining confidence in a waterway that plays a critical role in global
maritime trade.
Rather than favouring a single state or a
limited regional arrangement, participants appear to support a broader
governance model.
National control divides opinion
The second most supported option differed
between the two audiences.
Website readers showed greater support
for Iran, while LinkedIn participants placed Shared
governance ahead of unilateral control.
Although neither option challenged the
leading result, the difference highlights two distinct perspectives on how
responsibility for the Strait of Hormuz should be organised.
Limited support for a regional solution
The Gulf states option
received the least support overall.
The result suggests that readers are less
convinced by a governance model based solely on regional participation.
Instead, the poll points towards a preference for either broader international
involvement or alternative governance arrangements.
A preference for broader oversight
Taken together, the results reveal a
consistent trend.
Readers did not favour exclusive national
control or a regional-only framework. Instead, the strongest support was
directed towards an international body capable of overseeing one of the world’s
busiest and most strategically important maritime corridors.
How this fits into the broader Readers Speak
trend
This week’s poll moved beyond operational
challenges and asked readers to consider the governance of a strategic
waterway.
Despite some differences between the two
audiences, both produced the same overall conclusion. International oversight
emerged as the preferred approach, while support for unilateral or exclusively
regional management remained comparatively limited.
The findings suggest that readers see
internationally recognised governance as the model most likely to support the
long-term stability of the Strait of Hormuz.
CMA CGM
introduces rate restoration initiative to India
CMA CGM will introduce a Rate Restoration Initiative (RRI) for dry cargo moving from the Americas to India.
The initiative will apply to shipments
destined for Mundra and Nhava Sheva.
Origin scope
The RRI will cover shipments from:
·
South America West Coast
·
Central America East Coast and Caribbean
·
Central America West Coast and Mexico West
Coast
·
Mexico East Coast
·
Leeward and Windward Islands
·
Suriname
·
Guyana
Effective dates and amount
The RRI will take effect on 15 August 2026.
However, it will apply from 4 September 2026
to shipments originating in Ecuador, Colombia, Panama, Venezuela, Puerto Rico
and the Virgin Islands.
CMA CGM will charge US$400 per TEU for dry
cargo.
/// Air Cargo News ///
Cainiao adds speedy cross-border
shipping service
Chinese logistics firm Cainiao is stepping up its e-commerce offering with a cross-border logistics service that enables parcels to be delivered within three calendar days on 15 international routes.
The
Global Three-Day Delivery service covers routes from China to Europe, routes
within Europe, and selected corridors in the Middle East, including Hong Kong
to the UK, Hong Kong to the Netherlands, Germany to France, the Netherlands and
Luxembourg, as well as Saudi Arabia to the UAE.
On
the China-UK route, for example, parcels ordered in the evening can be packed
at a hub the following morning, flown out the same day and delivered after
landing, explained Cainiao.
The
service is supported by Cainiao’s end-to-end global fulfilment network,
spanning air, ground and customs operations.
Cainiao’s
global logistics network includes around 170 chartered flights and block space
agreements (BSAs) per week, more than 2,300 trucking routes and a Hong Kong
eHub cargo hub that enables parcels to move directly from warehouse to
aircraft.
This
service brings express-level delivery speeds that were previously available
mainly through premium international courier services, said Cainiao.
Faster
shipping can help merchants reduce inventory pressure, improve cash flow and
support smaller, more frequent replenishment cycles, added the company.
“Cross-border
e-commerce is moving from a stage where access to products was enough to one
where the full customer experience determines competitiveness,” said Xiong Wei,
senior vice president of Cainiao Group.
“Delivery
speed is no longer just a fulfilment metric. It is now a key factor affecting
consumer choice, merchant working capital and the structure of competition.
When 72-hour door-to-door delivery becomes an affordable everyday option for
more sellers, it changes how cross-border trade is organised.”
The
Global Three-Day Delivery service follows the launch of Cainiao’s Global 10-Day
Delivery service and Global Five-Day Delivery service.
Last
month, data from WorldACD showed that cargo volumes between Hong Kong and
Europe sharply declined in as a result
of the European Union’s (EU) introduction of a charge for e-commerce packages.
For
Asia Pacific as a whole, volumes to Europe were also down year on year.
China-US
e-commerce volumes declined last year after the US
ended the de minimis exemption, however, eventually trade recovered on the
lane.
AI-related shipments raise Asia Pacific
air cargo volumes in June again
AI-related semiconductor and hardware shipments supported another rise in air cargo volumes for Asia Pacific airlines in June.
The
Association of Asia Pacific Airlines (AAPA) said demand, as measured in freight
tonne kilometres (FTK), increased by 3.2% year on year.
Capacity
edged 0.2% higher, resulting in a 1.8 percentage point increase in the average
international freight load factor to 62.6%.
In
May, Asia Pacific carriers also boosted volumes through
increased technology shipments and stockpiling activity.
Air
cargo capacity out of Southeast Asia is now dominated by AI and
semiconductor air
cargo shipments instead of e-commerce, Dimerco’s latest analysis has found.
Wong
Hong, director general of AAPA, said that “international air cargo markets
continued to perform well, with demand growing by 7.0% in the first half of the
year, supported by continued demand for AI-related semiconductor shipments and
other high-value, time-sensitive goods amid evolving trade dynamics”.
Continued
challenges for these airlines include the impact of the Middle East conflict
and fuel costs.
Looking
ahead, Hong said: “Airlines continue to face challenging operating conditions,
with persistent uncertainty surrounding the Middle East conflict contributing
to fuel price volatility and continued pressure on operating costs.
“These
headwinds, together with more moderate business confidence and heightened
geopolitical and trade policy uncertainty, may temper growth in travel and air
cargo markets in the coming months.”
Gatwick Airport’s second runway
challenge dismissed in court
Gatwick
Airport in the UK has been given the all-clear to develop and operate a second
runway full time after a legal challenge to the expansion project was
dismissed.
The
UK government gave development consent for Gatwick’s second
runway in September last year, meaning the airport would be able to put its
backup runway into regular use.
However,
an environmental and noise judicial review was brought by the Gatwick Area
Conservation Campaign and Communities Against Gatwick Noise Emissions.
This
review was dismissed by the High Court in June, prompting the campaigners to
seek permission to appeal the High Court decision.
However,
on Tuesday, the Court of Appeal refused permission.
Under
the former planning agreement, Gatwick’s northern runway is used only when the
main runway is closed for maintenance or emergencies.
A
£2.2bn project will see the northern runway slightly repositioned. The first
flights are expected to operate from the repositioned runway from 2030, adding
100,000 additional flights each year.
Logistics
UK and the British International Freight Association (BIFA) have both
previously backed Gatwick’s plans.
Heidi
Alexander, transport secretary, said: “This is a major milestone for Gatwick
for local communities, with expansion unlocking investment and creating
thousands of new jobs.
“Around
13m more passengers and 100,000 more flights will give holidaymakers greater
choice and strengthen global links to help make the UK one of the most
attractive places in the world to invest.
“We’ll
back expansion that supports growth and our climate goals. To drive forward
sustainable change, we’re also investing over £219m for green fuel production
to cut emissions from flying and secure the future of aviation.”
Hacis upgrades e-commerce shipment
processing
Hong
Kong Air Cargo Industry Services Limited (Hacis) has launched a new storage
control system to speed up the processing of e-commerce goods.
The
Hactl-owned subsidiary invested in its Hacis Storage Control System (HSCS) at
its e-commerce fulfilment centre as part of efforts to support the ongoing
growth of e-commerce demand.
The
new system integrates advanced automated storage and retrieval technology with
high-speed tote stacker cranes and Automated Guided Vehicles working together
to retrieve and deliver inventory to workstations for order processing,
creating a seamless “goods-to-person” model.
The
new system is also integrated with the warehouse management system so it can
synchronise real-time data with customers’ planning systems and e-commerce
platforms to improve visibility and inventory control throughout the fulfilment
cycle.
The
system should reduce manual handling and improve operational efficiency and
inventory accuracy.
Hacis
said that it would double its E-commerce Fulfilment Centre’s (HEFC) daily
outbound processing capacity as well as improving turnaround times and support
“increasingly demanding fulfilment schedules”.
Ringo
Chan, executive director of Hacis, said: “E-commerce supply chains continue to
evolve rapidly, with customers demanding greater speed, visibility and
reliability.
“This
new system reinforces our commitment to innovation and enhances our seamless
fulfilment‑to‑flight ecosystem, helping customers connect more effectively with
global markets.”
The
company has been investing in its HEFC in recent years. In 2023, it added
a climate-controlled
“one-stop-shop” facility to cater for the growth in cool chain e-commerce
shipments at Hong Kong International Airport.
Caracas Airport reopened for cargo
flights
Cargo
operations at Caracas’ Simón Bolivar International Airport (IATA code: CCS)
resumed last Wednesday (05AUG26) following its complete the closure caused by
the earthquakes on 24JUN26.
The
devastations forced airlines to divert their passenger and cargo operations to
alternate airports or to cancel their regular schedules until aviation
authorities could once again guarantee safe conditions at the airport
facilities. At least for freighter flights, the officials have now given the
green light.
The
7.2- and 7.5-magnitude quakes were felt in Colombia, Venezuela and across the
Caribbean and caused building to collapse in the Venezuelan capital Caracas. It
severely damaged the South American country’s main air hub Simón Bolívar
International Airport in Caracas Videos circulating on social media show travellers
and airport staff, as they flee the building in a panic.
Inside
the passenger terminal collapsed, thick clouds of dust clogged the air within
minutes and parts of the ceiling panelling fell on the floor. It’s almost a
miracle that no one was badly injured.
As
a precautionary measure, all flight operations were suspended immediately and
halted until now.
IAIM
gives the green light for cargo flights
Through Circular IAIM-DG-2026-0000631, issued on 31JUL2026, the Maiquetía
International Airport Institute (IAIM) formally confirmed the restart of cargo
flights, directing cargo airlines, customs agencies, freight forwarders, and
warehouse operators to reactivate concessions ahead of the forthcoming
reopening.
The
Ministry of People’s Power for Transport subsequently announced that both
arriving and departing cargo flights would resume under full compliance with
Venezuelan civil aviation regulations, international operational safety
standards, and aviation security (AVSEC) requirements.
Cargo
comes first
The local authorities decided to reopen cargo before passenger service as only
the runway and cargo infrastructure are required, whereas passenger operations
depend on fully functioning terminal facilities, security screening,
immigration, and baggage sorting systems. Commercial passenger flights are
scheduled to restart on 24AUG26, with a temporary terminal currently under
construction. The phased reopening reflects a deliberate operational strategy
that prioritizes infrastructure readiness and aviation safety rather than a
simple return to everyday business.
Already
before the double earthquakes, the Venezuelan cargo market had for years been
served only to a very limited extent. Lately, however, international air
freight companies have returned and expanded their activities in Venezuela,
following the fall of the Maduro regime. Among the carriers that started
serving the country since are Avianca Cargo, Cargojet, Amerijet, DHL and Latam
Cargo.
Will
7 Air Cargo survive?
As the latest capacity provider, on 08MAY26, Miami-based 7 Air Cargo planned to
launch a charter chain to Caracas, deploying B737-800BCF aircraft. Their
decision marks a significant milestone for the U.S. cargo airline and is seen
as a signal for Venezuela’s cautious return to international logistics
networks.
The
new connection announced by 7 Air underscores the growing interest in Venezuela
as a gateway for north-south traffic within Latin America as well as for
connections to the USA and the Caribbean. However, the quakes have so far
prevented any flights from taking off.
Whether
7 Air’s plans will ever come to fruition is now questionable. A few days ago,
lessor Aircastle filed a lawsuit seeking repossession of their two 737-800BCFs
after the U.S. freight carrier missed over US$ 900,000 in payments.
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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