Container newbuild avalanche sets new records

New containership deliveries in June reached 277,873 teu, setting a new record for the highest level of new vessel capacity delivered in a single month, according to data from Asia-based box watchers Linerlytica.  The total number of new ships delivered in the first six months of the year has reached 148 units for 975,344 teu […]

IATA Revises Hong Kong Aviation Recovery to Year End 2024

The International Air Transport Association (IATA) welcomed the Hong Kong Special Administrative Region (SAR) government’s efforts to ease the city’s labor crunch in the aviation sector. This comes as IATA upgraded passenger traffic projections for Hong Kong that now see a recovery to pre-crisis levels by the end of 2024. This revision brings Hong Kong’s […]