Sea-Air Services Make a Comeback, But Volatility and Uncertainty Lurk

May 19, 2020

The sea-air business via Dubai and Singapore is back up and running, as air freight rates continue to stabilise.

Aeromar Sea Air, which suspended its business in March when air freight rates skyrocketed in Asia as passenger aircraft stopped flying, said it was re-introducing services.

“We still have some limits on capacity, but there is enough to offer a professional service; so we are back,” said managing director Nick Coverdale.

“Rates are stable, in the context of the current market – although in normal, sane times they would be considered unstable. Nothing makes much sense at the moment.”

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Source: The Load Star