JUPITER SEA & AIR
SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91 98407 85202
Corporate News
Letter for Thursday August 13, 2026
Today’s
Exchange Rates
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95.33 |
0.119995 |
0.125715 |
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1.1539 |
-0.0003 |
-0.025986 |
1.1542 |
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128.8214 |
-0.0672 |
-0.052138 |
128.8717 |
128.8886 |
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109.9737 |
-0.141701 |
-0.128684 |
110.0717 |
110.1154 |
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159.112 |
-0.167999 |
-0.105474 |
159.29 |
159.28 |
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1.3519 |
0.0012 |
0.08884 |
1.3507 |
1.3507 |
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0.5989 |
-0.0005 |
-0.083411 |
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0.5994 |
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/// Sea Cargo News ///
First
Gateway EXIM Container Booked from Vizhinjam Port to Houston, Marking Major
Milestone
Vizhinjam International Seaport has achieved a significant milestone in its Gateway EXIM operations by booking its first Gateway export-import container destined for Houston, USA.
The first Gateway container, identified as
INTRV1, has been officially booked, marking the beginning of a new phase in
Vizhinjam's evolution from a transshipment hub to a full-fledged gateway port
serving India's export-import trade.
The development is considered a major step in
expanding the port's role beyond transshipment, enabling direct handling of
gateway cargo and strengthening India's maritime connectivity with global
markets.
The milestone comes as several key
infrastructure and operational initiatives are progressing at the port,
including:
Customs approval for EXIM cargo operations
Development of a Container Freight Station
(CFS)
Establishment of an Empty Container Yard
Development of a 100-acre Logistics Park
Permanent approval for Crew Change services
Planned rail connectivity to enhance hinterland access.
Industry observers believe these developments
will significantly enhance Vizhinjam’s competitiveness as a global maritime
gateway, offering improved logistics efficiency and seamless connectivity for
exporters and importers.
With gateway cargo operations gaining
momentum alongside its trans-shipment business, Vizhinjam is rapidly emerging
as one of South India’s most important maritime and logistics hubs.
The successful booking of the first Gateway
Exim container to Houston represents not only the movement of a single
container but also the beginning of a new chapter in the port’s journey toward
becoming a key gateway for India’s international trade.
15 Indian Seafarers
Killed, Two Missing Amid West Asia and Black Sea Conflicts: DGMA
India's maritime regulator has revealed that 15 Indian seafarers have lost their lives and two others remain missing in a series of maritime security incidents linked to the conflicts in West Asia and the Black Sea over the past three months.
Addressing the National Port Security
Conference in New Delhi on Thursday, Director General of Maritime
Administration (DGMA) Shyam Jagannathan described the prevailing geopolitical
environment as "extremely challenging", citing escalating threats to
commercial shipping and seafarer safety.
Jagannathan disclosed that 57 separate
maritime security incidents have been reported during the period, highlighting
a sharp deterioration in the operating environment for merchant vessels.
He noted that drone and missile attacks on
unarmed merchant ships have become increasingly frequent in parts of the Black
Sea, while piracy off the coast of Somalia is showing signs of resurgence. He
also warned that the Houthi threat in the Red Sea has re-emerged, following
more than 154 security incidents recorded in 2024.
“The current geopolitical situation has
significantly increased risks to merchant shipping and driven up global
logistics costs”, Jagannatan said.
He added that the DGMA has remained on high
alert since the end of February, intensifying monitoring and coordination
efforts to safeguard Indian seafarers and vessels operating in high-risk
regions.
The regulator has strengthened mechanisms for
rescue operations, vessel movement monitoring, issuance of security advisories,
compliance with Best Management Practices (BM) against piracy, validation of
citadel preparedness and co-ordination among multiple maritime security
agencies.
Customs Playbook Aims
to Speed Up FTA Import Clearances
The Indian government has prepared a comprehensive customs playbook covering nearly 100 imported products to simplify the process of claiming benefits under the country's Free Trade Agreements (FTAs).
The initiative is designed to provide customs
officials and importers with clear, product-specific guidance on
classification, origin rules, documentation requirements, and applicable tariff
concessions, reducing delays and disputes at ports.
The playbook is expected to standardize
customs procedures for products frequently imported under FTAs with countries
and trading blocs such as the UAE, Australia, ASEAN, Japan, South Korea, and
Mauritius.
By offering detailed operational guidance,
authorities aim to ensure uniform interpretation of FTA provisions across
customs formations, minimizing inconsistencies in duty assessments.
The move comes as India seeks to improve the
utilization of its growing network of trade agreements. Despite preferential
tariff access, many businesses have been unable to fully benefit from FTA’s due
to complex rules of origin, documentation challenges and varying corrupt and
culprit custom officials and their interpretations.
The new framework is expected to make it
easier for importers to claim eligible duty concessions while strengthening
compliance with FTA requirements.
Officials believe the initiative will
accelerate cargo clearance, reduce transaction costs for businesses and enhance
transparency in custom administration. It also supports the government’s
broader trade facilitation agenda by promoting efficient border procedures and
improving the ease of doing business.
The customs playbook is expected to be
updated periodically to reflect changes in tariff schedules, FTA provisions and
evolving trade practices, ensuring that importers and customs officers have
access to the latest operational guidance. The initiative is also expected to
support India’s expanding FTA network as new agreements with global trading
partners come into force.
Iran Weighs Strait of
Hormuz Transit Restrictions, New Fees for 'Hostile' Nations' Ships
Iran's parliament is reviewing a proposal that could significantly tighten shipping regulations in the Strait of Hormuz by restricting vessels linked to the United States, Israel and other countries it considers "hostile" from transiting the strategic waterway until compensation is paid for damages allegedly caused during the recent conflict.
According to Iranian state media, the
proposal also seeks to impose transit fees of up to 7% of the cargo value on
commercial vessels using the strait. Ships found violating the proposed
regulations could face penalties of up to 20% of the value of their cargo.
The proposal comes as Iran announced it is
close to finalising a shipping corridor agreement with Oman. Under the reported
arrangement, vessels would enter the Strait of Hormuz through the northern
navigation corridor near the Iranian coast and exit through the southern
corridor adjacent to Oman. However, Omani authorities have not publicly
confirmed the reported agreement.
The US has strongly disputed Iran’s
interpretation of the proposed arrangement. A US official stated that any
temporary navigation routes would remain free from approvals, permissions,
tolls or transit charges, emphasizing that the Strait of Hormuz is an
international waterway where no single nation has exclusive authority over
commercial shipping lanes.
President Donald Trump also maintained that
the United States currently exercises control over the strait through its
ongoing naval blockade on Iran.
The latest developments follow months of
heightened tensions in the region after the conflict involving the US, Israel
and Iran escalated earlier this year. While the Strait of Hormuz initially
remained open to commercial shipping, subsequent military exchanges and naval
deployments severely disrupted maritime traffic.
A temporary ceasefire and memorandum of
understanding reached in mid-June aimed at re-opening the vital shipping route
ultimately collapsed following renewed hostilities, prolonging uncertainty for
global trade.
The continued disruption has had far-reaching
consequences for international supply chains, particularly affecting crude oil,
liquefied natural gas (LNG), fertilizers and other commodities transported
through the Strait of Hormuz. Shipping delays, higher freight costs and supply
constraints have contributed to increased energy and commodity prices
worldwide.
Meanwhile, diplomatic efforts to restore
normal navigation continue. President Trump indicated that negotiations to
reopen the waterway are making progress, while Turkey, which has been involved
in mediation efforts, suggested that a temporary agreement between Washington
and Tehran could be announced in the near future.
Gulf nations, increasingly concerned about
regional stability and the security of critical energy infrastructure, continue
to urge all parties to reach an interim agreement to prevent further escalation
and ensure the uninterrupted flow of global maritime trade through one of the
world’s most importance shipping corridors.
PSA Singapore Crosses
25 Million TEUs at Tuas Port Since Launch
PSA Singapore (PSA) has achieved a major operational milestone, handling 25 million twenty-foot equivalent units (TEUs) at Tuas Port since the mega port commenced operations in September 2022.
The achievement highlights the rapid scale-up
of the world's largest fully automated container terminal and reinforces Tuas
Port's growing role as a strategic global transhipment hub.
Designed to support the future of
international trade, Tuas Port has become a critical gateway for resilient,
reliable and efficient cargo movement amid evolving global supply chain and
geopolitical dynamics.
As a cornerstone of PSA Group's Node to
Network strategy, the port integrates Singapore's transhipment capabilities
with PSA's global network of ports, providing customers with enhanced
connectivity, greater flexibility and seamless end-to-end supply chain
solutions.
Ong Kim Pong, Group CEO of PSA International,
said the milestone reflects the importance of stronger coordination across
global ports and logistics networks as international trade becomes increasingly
complex.
“Tuas Port’s integrated port ecosystem is
designed to future-proof supply chains by streamlining terminal and logistics
services, enabling customers to move cargo with greater agility, resilience and
confidence. Through innovation, digitili-sation and responsible stewardship, we
will continue strength-ening our global network while reinforcing Singapore’s
position as the world’s leading trans-shipment hub”, he said.
Nelson Quek, Regional CEO Southeast Asia, PSA
International, credited the achievement to the support of customers, partners,
unions and PSA employees.
Tuas Port currently operates 14 berths and is
on schedule to expand to 18 operational berths by 2027. PSA is also continuing
to deploy advanced automation, smart technologies and sustainable solutions to
enhance operational efficiency, service excellence and environmental
performance.
The 25 Million TEU milestone further
strengthens Singapore’s position as one of the world’s busiest and most
technologically advanced container trans-shipment hubs, supporting global trade
connectivity and supply chain resilience.
Panama
Canal Reduces Neopanamax Draft Limit
The Panama Canal Authority (ACP) has announced a further reduction in the maximum authorized draft for vessels transiting its Neopanamax locks, citing declining water levels in Gatun Lake and continued weather-related pressures on the canal's watershed.
The revised restrictions are part of the
authority's water management strategy aimed at safeguarding operations during
an anticipated period of reduced rainfall and the lingering effects of El Niño.
Under the updated schedule, the maximum
permitted draft for Neopanamax vessels will be reduced to 14.63 metres (48
feet) from August 26, followed by a further cut to 14.48 metres (47.5 feet)
from September 3 until further notice.
Lower draft limits require vessels to reduce
cargo loads to safely transit the canal, potentially affecting cargo capacity
and increasing transportation costs for shipping lines.
The latest measures follow a series of
gradual draft reductions introduced earlier this year as the canal authority
responded to deteriorating hydrological conditions. Although the canal remains
fully operational, authorities continue to balance commercial traffic with long
term freshwater conservation which is critical for both canal operations and
Panama’s domestic water supply.
The tighter restrictions are expected to
impact carriers, LNG vessels, bulk ships and other large Neopanamax-class
vessels that rely on the expanded locks. Shipping companies may need to adjust
loading plans, re-route cargo or deploy additional sailings to accommodate
reduced carrying capacity.
The changes could also place upward pressure
on freight rates and transit costs if prolonged, particularly for Asia-US East
Coast and Latin America trade lanes that depend heavily on the Panama Canal.
Maersk Adjusts PSS for
Shipments to Saudi Arabia and Jordan
Maersk has announced revised Peak Season Surcharge (PSS) levels for container shipments moving from South Asia to Saudi Arabia and Jordan, reflecting evolving market conditions and continued demand on regional trade lanes.
The updated surcharge will apply to cargo
originating from key South Asian countries, including India, Pakistan, Sri
Lanka and Bangladesh, destined for ports across the two Middle Eastern markets.
The revised PSS is intended to help offset
higher operating costs associated with peak-season demand, vessel capacity
management and network adjustments. The surcharge will apply to both dry and
reefer containers, with the applicable rates varying according to cargo type
and destination, in line with Maersk's tariff schedule.
The adjustment comes as shipping lines
continue to fine-tune pricing strategies in response to seasonal cargo flows,
changing trade patterns and capacity utilization across the Middle East.
Industry observes expect carriers to maintain flexible surcharge policies as
they balance service reliability with fluctuating demand on regional and
international container shipping routes.
/// Air Cargo News ///
MASkargo Transfers
Mumbai Freighter Hub to NMI
MASkargo will relocate its dedicated freighter operations serving Mumbai from the existing Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the upcoming Navi Mumbai International Airport (NMI) beginning in September.
The
move is aimed at improving cargo handling efficiency, reducing congestion, and
supporting the airline's growing air freight operations in India.
The
transition to NMI is expected to provide MASkargo with access to modern cargo
infrastructure, expanded apron space, and streamlined ground handling
facilities designed to accommodate rising international freight volumes.
The
new airport is being positioned as a major cargo gateway, with dedicated
logistics infrastructure to support time-sensitive and high-value shipments.
Mumbai
remains one of India’s busiest air cargo markets, handling significant exports
of pharmaceuticals perishables, engineering goods, electronics and e-commerce
shipments. By shifting freighter services to Navi Mumbai, MASKargo expects to
improve turnaround times, enhance operational reliability and offer greater
capacity for exporters and freight forwarders.
The
relocation also aligns with broader efforts to redistribute air traffic between
Mumbai’s two airports as Navi Mumbai International Airport gradually commences
commercial operations. The shift is expected to ease pressure on the
capacity-constrained CSMIA while creating additional opportunities for airlines
to expand dedicated cargo services.
Industry
stakeholders believe the move will strengthen connectivity between western
Indian and key international markets across South East Asia, the Middle East,
Europe and beyond. As more cargo carriers establish operations at Navi Mumbai,
the airport is expected to emerge as a major logistics hub, supporting India’s
growing role in global air cargo and supply chain networks.
New China–US
Freighter Route Boosts E-Commerce Cargo
A leading e-commerce freight forwarder has launched a new dedicated China–US freighter service to meet rising cross-border online shopping demand and strengthen air cargo connectivity between the two markets.
The
new operation is designed to provide faster, more reliable transportation for
e-commerce shipments, offering additional capacity for parcels, express cargo
and time-sensitive goods.
The
dedicated freighter route will connect major manufacturing and e-commerce hubs
in China with key cargo gateways in the United States, enabling shorter transit
times and improved supply chain efficiency.
The
service is expected to support online retailers, logistics providers and
fulfilment centres by ensuring more consistent air freight capacity during
periods of high demand.
According
to the operator, the new service has been introduced to sustained growth in
cross-border e-commerce and increasing customer requirements for rapid
delivery. By operating dedicated freighter aircraft, the company aims to reduce
dependence on passenger belly-hold capacity while providing greater schedule
reliability and flexibility for exporters and importers.
Industry
analysts believe the launch reflects continued expansion of the global
e-commerce logistics sector, despite evolving trade regulations and market
uncertainties. The additional freighter capacity is expected to enhance
China-US air cargo flows, support express logistics networks and help
businesses meet growing consumer expectations for faster international
deliveries.
Hyderabad boosts network with Emirates
freighter
Expanding linkage between East Asia, India, and Middle East, Emirates SkyCargo commenced Boeing 777F’s new Taipei–Hyderabad–Dubai route from Hyderabad International Airport, said Kadhir Kadhiravan, CEO, GMR Hyderabad International Airport Ltd.
The
Boeing 777F offers a payload capacity of 100 tonnes, providing additional
capacity for global freight moving through Hyderabad.
The
route connects Taipei’s electronics and semiconductor manufacturing base with
Hyderabad’s pharmaceutical and technology sectors, while Dubai provides onward
access to more than 145 global destinations.
The
new operation join existing freighter services at Hyderabad operated by
Lufthansa Cargo, Turkish Cargo, Qatar Cargo, and Ethiopian Cargo, adding
capacity on a key international trade corridor.
AISATS handles 20k MT cargo at Ranchi,
eyes 10% growth
Air India SATS (AISATS) has handled more than 20,000 metric tonnes (MT) of cargo at Ranchi Airport since commencing operations in 2024 and is targeting 10 per cent cargo growth in FY27, said Ramanathan Rajamani, Chief Executive Officer, AISATS.
The
company processed 7,992 MT of cargo during FY26, registering a 9 per cent
year-on-year increase, highlighting rising cargo demand in eastern India.
The
Ranchi Air Cargo Terminal, with an annual handling capacity of 18,250 MT,
handles freight, including pharmaceuticals, electronics, e-commerce shipments,
ready-made garments, automotive components, and perishables.
According
to AISATS, perishables and garments have emerged as the fastest growing cargo
segments, reflecting demand from regional businesses.
The
company stated it is working with airlines, the AAI, regulators, and trade
stakeholders to strengthen cargo infrastructure and improve connectivity,
supporting the expansion of Jharkhand’s air cargo network.
More opportunities than planes for
Mexico’s mas
Mexican
cargo airline mas is keen to expand its fleet to keep pace with network growth;
however, getting hold of the right aircraft in the market poses a challenge,
explains chief executive Robert Van De Weg
How
many ventures can you run with five planes? Mexican cargo airline mas has a
fleet of five A330 freighters spread out across three theatres of operation –
its Americas network connecting Los Angeles with points in South America via
its hub at Mexico City’s Felipe Angeles International Airport (NLU), a European
operation hauling cargo from Zaragoza for a large fashion retailer (via
Galistair, in which mas holds a 49% stake), and four weekly flights to China.
Robert
Van De Weg, who took over the chief executive reins at mas in February of last
year, is eager to boost the carrier’s fleet. He would like
to add one or two widebody freighters to the line-up this year, but the
shortage of available planes makes this a difficult objective, he admits.
“You
need to grow to keep your unit costs under control because inflation is
everywhere,” he says. “You need to grow, but at a pace that you can digest.”
He
is looking to expand the fleet to 8-10 aircraft by 2030. Beyond that, it will
be time to start the re-fleet process, and the preparations for this are
already in progress.
His
management team is examining various options, including A350 and B777
production freighters as well as converted 777s, to present a plan to the board
shortly, as the backlogs in availability mean the decision has to be made well
ahead of 2030.
The
larger part of the fleet is engaged in charter activities – most of it
long-term contract work. Since the outbreak of the war in the Middle East,
general charter demand has been “a bit sluggish”, Van De Weg says. A lot of
projects are currently on hold as people wait for fuel costs to come down and
for more certainty in the market, he notes.
More
scheduled operations
Scheduled
operations are built around flights between Mexico and Los Angeles and routes
to South America, where mas serves Bogota, Quito, Lima, Santiago, Panama and
Brazil. Lima has been the latest addition to the network, launched in February
with a weekly frequency.
“Lima
has been working well for us. We would like to add more stations, but for now I
think we are good with our stations spread until we can grow. I think the prime
purpose now is not to add new stations but to increase frequencies, but for
that again we need the fleet growth,” says Van De Weg.
As
bottlenecks at the plane makers ease and new A350 and B777 passenger aircraft
become available, there will be more feedstock for freighter conversions, he
adds. He is looking to deploy more capacity in the scheduled segment of the
business.
“We
want to grow all the businesses, but the relative share of the scheduled
business I would really like to increase,” he says.
Flows
have been strong. While northbound volumes are predominantly perishables, which
continue to grow in volume, e-commerce has been a major source of southbound
traffic for mas.
The
parcel tsunami appears to have lost momentum elsewhere, but e-commerce traffic
into Latin America has continued to expand at double-digit growth rates, Van De
Weg reports.
Some
markets in the region, including Mexico, have become mature, but others are
still in an early phase of e-commerce adoption, promising strong growth for
some time, he notes, adding that existing volumes already constitute a massive
business.
It
also fits into his strategy that aims at boosting traffic flows through Mexico,
connecting Latin America with overseas markets, especially Asia. He points at
Miami and its role in these flows, remarking that flight times from China to
Latin America can be reduced with a routing over Mexico City instead of going
via the towering US gateway in Florida.
Partnering
for growth
Last
December, mas strengthened its transpacific reach through a block space agreement with Nippon
Cargo Airlines. The arrangement gives the Asian cargo airline access to mas
flights on the Los Angeles-Guadalajara and Los Angeles-Mexico City.
In
turn, mas got space on NCA flights between Los Angeles and Tokyo. NCA’s
alignment with All Nippon Airways gives the partnership more scope, Van De Weg
says.
Mas
has important interline arrangements with other Asian carriers, but wants to
build on the NCA connection, where he sees more depth.
When
the agreement was announced, Hiroyuki Homma, president and chief executive of
NCA, stated that he was expecting the partnership to further expand his
company’s presence in the Mexican and Latin American market, and that the pair
would be exploring additional collaboration opportunities.
Van
De Weg has ambitions to replicate his pursuit of intercontinental flows to and
from Latin America in the Europe-Latin America channel. “We try to create
connectivity for Asia and Europe,” he says. As with NCA and a large Chinese
carrier, he wants to develop a similar partnership with a European airline.
Closer
to home, collaboration with US partners has been somewhat challenged for
Mexican companies by the trade tensions between Washington and Mexico City.
Tariffs
have been one major irritant, but on the aviation side there was the
additional clash with the US
authorities on
access to Benito Juárez airport (AICM), Mexico City’s primary passenger
gateway.
The
US Department of Transportation argued that the reduction of slots at AICM and
the push to shift freighter operations away to NLU violated the US-Mexico
aviation bilateral and cost US carriers millions of dollars.
Last
October, it imposed a ban on new transborder routes from Mexico City for
Mexican airlines as well as on frequency increases and revoked 13 route
authorisations for them.
After
a round of talks in April, both sides reported progress in resolving the
situation, but the US embargo on Mexican carriers remains in place until he
sees actions taken by the Mexican authorities, declared US Transportation
Secretary Duffy
Van
De Weg says that the issue has so far not impacted mas other than through
longer lead times for charters. He is confident that the two sides will resolve
the matter.
NLU
operations solid
The
combination of tariffs, other trade measures and the DOT’s moves dented
Mexico’s airfreight volumes last year, which sank 2.4% from its 2024 total of
1,263,585 tonnes.
Volume
passing through NLU contracted 7.7%. This year the picture improved, with
tonnage through NLU surging 17.4% in the first two months of the year,
underlining its position as one of the top three cargo gateways in Latin
America, behind Bogota’s El Dorado and Sao Paulo’s Guarulhos airports.
After
initial hiccups, NLU has been working well, says Van De Weg. From his vantage
point, the migration of freighters from AICM to NLU has been a success story.
Unlike the capital’s primary passenger gateway, the latter is neither
slot-constrained nor congested, offers enough space for operators, and the
authorities have been supportive to stimulate traffic there, he says.
“I
think increasingly it can play a part in being a connector between Asia and
South America, as well as Europe and South America,” he says.
Apart
from his quest to grow the fleet and plans to develop Europe-Latin America
flows through a partnership with a transatlantic carrier, he has his sights on
digitalisation at mas.
He
sees good potential in the use of AI tools for a broad array of tasks like
compliance checks of shippers or consignees, taking in quotations, or using the
‘Skypallet’ system for load planning.
At
the same time, the hunt for more A330 freighters continues.
CMA CGM to acquire FedEx Supply Chain
and collaborate on airfreight
CMA
CGM Group is set to acquire FedEx Supply Chain for an enterprise value of
$1.4bn and the takeover will see the companies work together on air cargo
capacity solutions.
The
acquisition, expected to close this year, would nearly triple the size of the
North American contract logistics operations of CEVA Logistics, a subsidiary of
the CMA CGM Group.
Following
the execution of this transaction, CMA CGM and FedEx also expect to enter into
multi-year commercial agreements related to air and ocean freight.
The
companies will work together on select air cargo capacity solutions to enhance
their respective global networks in the interest of higher aircraft utilization
and flexible long-haul capacity.
CMA
CGM will also become a preferred ocean carrier for FedEx, offering ocean
transport and carrier services under a non-exclusive agreement.
The air cargo and ocean freight
agreements are expected to commence in different phases between now and
2028.
Rodolphe
Saadé, chairman and chief executive of the CMA CGM Group, stated: “The
acquisition and partnership with FedEx represent a major step in the
development of CEVA Logistics and our logistics activities in North America.
“We
are strengthening our ability to provide customers with integrated supply chain
solutions. These deals also reinforce our long-term commitment to investing in
the United States and supporting the resilience and efficiency of its supply
chain.”
Raj
Subramaniam, president and chief executive of FedEx, added: “Today’s
announcement enables FedEx to further increase our focus on providing our
unique expertise for high-value verticals, including healthcare, automotive,
aerospace and data centers.
“By
streamlining our portfolio, FedEx is better positioned to execute our long-term
vision and continue to serve as the heartbeat of the industrial economy,
delivering unmatched connectivity, reliability, and value to our customers
globally.
“We
look forward to leveraging our complementary relationship with global logistics
solutions provider CMA CGM to support the next chapter for FedEx Supply Chain
and its team members.”
The acquisition is subject
to customary regulatory approvals.
Last
month, the CMA CGM Group signed a preliminary
agreement for
the acquisition of Crystal Aero Solutions, which specialises in aircraft
maintenance services for both cargo and passenger aircraft.
Missing K2 Boeing 737 freighter located
The
wreckage of the K2 Airways Boeing 737-400 freighter that disappeared over the
Arabian Sea during a flight to Karachi earlier this week has been identified.
The
Pakistan Airports Authority said that the aircraft was discovered off the coast
of Karachi after a 12-hour search and rescue
operation.
The
aircraft was located around 98 km south of the port of Ormara and efforts are
now underway to find the five missing crew members.
The
aircraft had departed Sharjah in the United Arab Emirates on 7 July but lost
contact at 21:21 Pakistan local time.
Pakistan’s
civil aviation authority said the crew “reported navigational system issue” at
21:18, and was in contact with Karachi area control centre.
However,
the aircraft was then seen on radar displays to be “rapidly descending” with a
“rapid heading change” and contact was lost at 21:21, with the jet 155nm west
of Karachi.
K2
Airways said the aircraft was carrying two pilots, two engineers and a
loadmaster.
Public
flight-tracking data, yet to be verified, suggests the aircraft was cruising at
35,000ft, some 1h 20min after departure, when it deviated from its heading and
lost altitude over the Arabian Sea.
The
airline identified the missing twinjet as AP-BOI, a 1999 airframe formerly in
service with Aeroflot and Garuda Indonesia before being converted to a
freighter.
The
company has not specified the nature of any cargo on board, and whether it
included any hazardous goods.
K2
Airways is a relatively young carrier, having been established in 2018. The
company said its first aircraft arrived in Karachi two years ago, in July 2024.
DHL reveals first Mammoth 777-200
freighter conversion and confirms 13 aircraft ordered
DHL
has has unveiled its first 777-200 converted freighter from Mammoth Freighters
and confirmed its order for 13 of the type in total.
The
777-200LRMF (Long Range Mammoth Freighter) has been on display at the UK’s
Farnborough International Airshow this week, and DHL said four of the 13
aircraft are planned to enter service this year.
These
777-200LRMFs will join DHL Express’ global air network as part of long-term
fleet modernisation plans. The first aircraft has been placed with DHL Air UK.
The
aircraft displayed at Farnborough was converted in Manchester and the
modification work included the installation of a large main-deck cargo door and
advanced cargo handling systems. However, the original airframes and engines
were retained.
Tom
Mackle, managing director, DHL Air (UK), said: “Being one of the first
customers and first operator of the Boeing 777-200LR Mammoth Freighter
conversion aircraft provides our customers with enhanced delivery capability.
“The aircraft, placed with our UK airline, adds to our already tremendous operational reputation and technical expertise. It is a significant enhancement to our long-haul network capability.
“The
investment in people and growth in infrastructure reinforces our commitment to
operating a modern, flexible fleet that delivers a highly reliable service and
advances our broader sustainability ambitions.
“We
are pleased to be working alongside Mammoth Freighters and partners as we move
towards service introduction within the DHL Express network.”
Mammoth
Freighters received Supplemental Type
Certification (STC) from
the Federal Aviation Administration (FAA) for its 777-200LRMF in April.
The
certification paved the way for Mammoth to begin aircraft deliveries to launch
customer Qatar Airways Cargo, which has an agreement for five of the aircraft
with Texas-based lessor, Jetran.
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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