Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
Scott Wright
By Alex Lennane
Maersk has finally confirmed that it is using its cash-packed war chest to invest in air freight, much as rival CMA CGM has done.
This morning it confirmed it was buying air freight forwarding specialist Senator International, for $644m, news broken by Loadstar Premium last month.
It ...
Comment on this article
William Candee
November 02, 2021 at 3:27 pmHow dare you call Star Air’s 767-200s “very-elderly”! Fact is, the 767-200BDSF has turned out to be an extremely-reliable freighter when properly-maintained. You of all people should also know that hours and cycles, not age in years, is the telling factor for any aircraft. As it is, many of Star Air’s 767-200BDSFs have Boeing line numbers in the 500s (meaning they were the 500th+ 767 off the Boeing line). In contrast, ABX Air of the USA, an ATSG subsidiary, is flying in daily, reliable, operation N740AX, which is Boeing Line Number 6, delivered in March 1983. ABX Air and its affiliates have run several 767-200BDSFs all the way to their Limit of Validity, 50,000 cycles, with good reliability, before retiring them. So, please, keep your age-ist comments to yourself. (Late-30s being old? Please!)
Alex Lennane
November 02, 2021 at 3:29 pmWhat a great comment, thank you! I’ve double checked, and more than half are in the first 125 to be made, few are in the 500s. And presumably it will be a factor if Maersk is serious about cutting emissions, although I don’t know the engine provenance…