Page 26 - LUA Sep - October 2022 for Magzter

NEWS

African airlines saw cargo volumes dip by

3.5% in July 2022 compared to July 2021

frican airlines saw cargo volumes released July numbers. According to to July 2021 (-10.2% for international
Adecrease by 3.5% in July 2022 IATA data for July 2022, global air operations). Demand stood at -3.5%
compared to July 2021. This was cargo markets showed that demand compared to July 2019. The capacity
significantly slower than the growth continued to track at near pre-pandemic was 3.6% above July 2021 (+6.8% for
recorded the previous month (5.7%) levels in July (-3.5%), but below July international operations) but still 7.8%
and the capacity was 2.2% below July 2021 performance (-9.7%). The global below July 2019 levels. Among several
2021 levels as per the International Air demand, measured in cargo tonne- noteworthy factors in the operating
Transport Association’s (IATA) recently kilometers (CTKs), fell 9.7% compared environment are the new export orders,
a leading indicator of cargo demand,
decreased in all markets, except China
which began a sharp upward trend in
June. The war in Ukraine continued
to impair cargo capacity used to serve
Europe as several airlines based in
Russia and Ukraine were key cargo
players. Global goods trade continued to
recover in Q2 and the additional easing
of Covid-19 restrictions in China will
further boost recovery in the coming
months. While maritime will be the
main beneficiary, air cargo is set to
receive a boost. “Volatility resulting from
supply chain constraints and evolving
economic conditions has seen cargo
markets essentially move sideways since
April. July data shows us that air cargo
continues to hold its own, but as is the
case for almost all industries, we'll need
to carefully watch both economic and
political developments over the coming
months," said Willie Walsh, IATA's
Director General.

MSC India moves the heaviest ever break-bulk parcel from Mundra to Zambia

SC India successfully completed Port of Nhava Sheva. India is catching have already been loaded successfully
Mthe heaviest ever break-bulk parcel up with countries such as China, on container vessels. Lifting gears
movement by a container ship from Germany, South Korea, and the USA, were used to make this a successful
India moving a 140-tonne transformer where pieces of more than 200 tonnes loading using the right combination of
on MSC Regina from the port of special equipment. Putting on board
Mundra in India’s west coast to Zambia a 140-tonne parcel is a substantial
in Africa. This is the heaviest ever process and requires immense focus
break-bulk parcel moved by container and precision. “This entire operation
ship from India, surpassing MSC's was completed in the allotted berthing
previous record. The transformer window, enabling us to maintain the
was destined for a greenfield power vessel's service schedule. The success of
transmission development project this operation has opened new doors
in Zambia. MSC's previous heavy- for MSC to also cater to the heavy cargo
lift record was for the loading of a category on container ships," an official
115-tonne transformer in 2018 at release said.

24 LUA SEPTEMBER - OCTOBER 2022