Irish Continental Group H1: Freight is Stable – Strong Liquidity Position

Traffic volumes in H1, 2020 (Ferries Division) -63.9% Passengers 233.9k (648k) -64.9% Cars 56.6k (161.2k) -2.7% RoRo freight 149.4k (153.6k) Financial figures H1, 2020 (ICG) Revenue EUR 130.8 million (166.8) EBITDA EUR 10 million (30) EBIT EUR -9.5 million (11.6) Gross cash balances EUR 132.5...

https://ferryshippingnews.com/irish-continental-group-h1-freight-is-stable-strong-liquidity-position/

New protocols to manage onboard risk of COVID-19

Pictured: an electron microscope image of the SARS-CoV-2 virus which causes the disease COVID-19. Image: NIH NIAD

The publication “Coronavirus (COVID-19) Protocols to Mitigate the Risks of Cases On Board Ships” has been released by three international maritime bodies: the International Chamber of Shipping, the International Maritime Health Association and Intertanko.

“As we progress through the COVID-19 pandemic, it is vital to keep trade moving. To do that, we must ensure that crew can embark...

https://shippingaustralia.com.au/new-protocols-to-manage-onboard-risk-of-covid-19/

August Class 8 truck orders reflect spot freight demand

Preliminary Class 8 tractor orders in August reflect robust spot freight rates as pandemic-driven demand for consumables over services continues.

ACT Research reported 19,500 preliminary net orders, down 4% from July, but up 75% from an easy year-ago comparison. FTR Transportation Intelligence pegged orders at 20,500 units with net orders totaling 177,000 over the last 12 months.

Counting Class 5-7 medium-duty trucks, truck orders rose to an eight-month high. The third consecutive month of gains...

https://s29755.pcdn.co/news/august-class-8-truck-orders-reflect-spot-freight-demand

Airlines say survival depends on bailouts, reopened borders

Travelers wearing masks, waiting to go through checkpoint at airport in Greece.

The International Air Transport Association (IATA) is frustrated that governments aren’t doing more to help the airline industry survive the coronavirus pandemic. It is pleading for quick reopening of borders and assistance to help airlines maintain liquidity.

International passenger demand fell 91.9% in July compared to the same month last year — a slight improvement from the 96.8% contraction the industry recorded in June. International capacity fell 85.2% year-over-year. Overall, global...

https://www.freightwaves.com/news/iata

81 Nobel Laureate Scientists Support Joe Biden As A Science Based Decision Maker

Democratic presidential nominee former US Vice President Joe Biden speaks during a campaign event at Mill 19 in Pittsburgh, Pennsylvania, August 31, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
  • As many as 81 US scientists have found the ideal leader in Joe Biden because of his science-based decision making
  • The Nobel laureates underline the need of science-based decision-makers in the national leadership especially when the world is facing a pandemic
  • Biden’s idea of...

https://mfame.guru/81-nobel-laureate-scientists-support-joe-biden-as-a-science-based-decision-maker/

[Watch] 90% Countries Health System Disrupted As the Pandemic Touches 25 Million

  • 8 months into the pandemic more than 25 million cases of the disease have been reported forcing WHO to take certain events
  • 90% of countries’ health systems are in tatters and keep them running is becoming crucial.
  • WHO underlines that the pandemic isn’t over yet and needs structured transmission control by countries.
  • The virus is equally deadly for all and people need to maintain physical distancing and respiratory etiquettes
  • Schools and colleges need to be opened in a community-based approach...

https://mfame.guru/90-countries-health-system-disrupted-as-the-pandemic-touches-25-million/

India’s COVID19 Milestone of World’s Highest Daily Caseload Reeks of Complacency

Coffin of a Covid victim in Mumbai, June 2020
India has set a record for the world’s highest single-day increase in coronavirus cases, reports BBC
  • The nation, the world’s third-most infected, on Sunday reported 78,761 new cases in 24 hours, passing the number posted in the US on 17 July.
  • The rise comes as the government continues to lift restrictions to try to boost an economy that lost millions of jobs when the virus hit in March.
  • An upsurge of Covid-19 in many rural areas continues to be a major concern.
  • On Sunday, global...

https://mfame.guru/indias-covid19-milestone-of-worlds-highest-daily-caseload-reeks-of-complacency/

Supply constraints limited air cargo growth in July

A big pallet of cargo sits in front of a jet engine waiting to be loaded on plane.

Global air cargo traffic was weaker than expected in July, but new export orders indicate strong sector growth for the remainder of the year, the International Air Transport Association said Monday. 

Anticipation that airfreight bookings will take off again during the next few weeks is echoed by logistics specialists who see heavy ongoing demand for COVID-19 protective equipment, retailers building up holiday inventories during the traditional peak shipping season and major device releases from...

https://s29755.pcdn.co/news/supply-constraints-limited-air-cargo-growth-in-july

Super Spreading Events Bust the Notion of COVID19 Transmission

Image without a caption
  • Researchers say super spreading events are driving this pandemic
  • Transmission seems to depend on individual infectivity rather than just infection potential of the virus
  • These events suggest that it can occur anywhere and in longer distances with numerous virus particles
  • The key is to find out the super emitters who have a higher infectivity
  • 10-20% of the population is responsible for infecting 80% of the population
  • however, this remaining 70% doesn’t seem to infect anyone
  • Although the...

https://mfame.guru/super-spreading-events-bust-the-notion-of-covid19-transmission/

Singapore’s Scoot strips seats for cabin cargo

Boxes tied down in the passenger cabin with netting after seats removed. from Scoot jet.

Scoot, the budget carrier of Singapore Airlines Group, has removed the seats from an Airbus A320 aircraft to help meet demand for more cargo capacity and optimize deliveries to smaller airports during the coronavirus pandemic.

The modification is noteworthy because the A320 is a single-aisle aircraft and most passenger planes being operated in cargo-only mode tend to be widebody types that can carry bigger loads on long international routes. It also demonstrates that large airlines aren’t the...

https://s29755.pcdn.co/news/singapores-scoot-strips-seats-for-cabin-cargo

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