Cargo flows through Dubai delayed by flooding, with 300 flights cancelled
Cargo flows out of the Gulf have been upended after two years’ worth of rain ...
“Swissport International AG, the airport ground services firm owned by beleaguered Chinese conglomerate HNA Group, hired advisers to review its debt as passenger air traffic grinds to a halt because of coronavirus restrictions. The company appointed Houlihan Lokey as financial adviser as it considers a restructuring of its 1.6 billion euros ($1.7bn) of debt, according to people familiar with the matter.” – Bloomberg, 3 April 2020, sourced from “HNA’s Swissport to hire Houlihan Lokey to advise on debt“.
Swissport’s troubles are more deeply rooted than ...
DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Indian trade disrupted as port congestion forces liner services to skip calls
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
Comment on this article