Saturday, October 21, 2017
The event, held at the Crowne Plaza Changi Airport, featured award categories voted by key stakeholders in the logistics business, reflecting the true voice of the industry.Commenting on the win, president of Singapore Airlines Cargo, Chin Yau Seng, said: "We are grateful to our customers for this vote of confidence in our service performance and efforts to stay responsive to their evolving needs. This award will serve as additional inspiration for our team to continue to seek greater heights in service excellence and product innovation."The airline's regional vice president of East Asia, Daniel Foong, was present at the ceremony to receive the award on behalf of the company.
The plan's goal is to ensure that even as freight volumes grow with Heathrow's expansion through the construction of a third runway, overall airport-related traffic on the road does not rise above current levels.Heathrow's cargo capacity is set to double with the addition of a third runway. Currently, the majority of freight movements - 2.75 million freight vehicle movements each year - are made to support the airport's cargo operations, STAT Trade Times of Navi Mumbai reported.The ten steps set out by Lord Deighton in his speech at the BCC International Trade Summit detail how freight operations can be more efficient, responsible and sustainable in the future.These proposed steps include: Using innovation through tools like a load consolidation "Heathrow Cargo Cloud" app for local forwarders, and the trial of low emission freight vehicles and geo-fencing technology to reduce emissions on local roads; and investments in airfield charging points to install an ultra-low emission zone for vehicles on-airport.The other steps are modernising cargo infrastructure at the airport to allow for more airside transshipments, consolidation points away from airport local roads and a new cargo village that reduces unnecessary vehicle movements; and working with local authorities to address congestion points with a Code of Conduct for operators, and a joint strategic freight plan for local roads.
Cathay Pacific's director Commercial and Cargo, Ronald Lam, commented: "The performance of our cargo business remained robust. We ramped up our freighter capacity on transpacific, India and China routes to commensurate with growing demand, and also added a charter operation to the United States. Tonnage growth was well ahead of capacity growth, with a commendable load factor achieved on both long-haul routes as well as regional services."The week of September 17-23 saw us break the company's all time weekly uplift tonnage record. A high freight load factor has also helped to underpin a sustained recovery in cargo yields."The cargo and mail load factor of the two carriers rose by 3.1 percentage points to 68.1 per cent. Capacity, measured in available cargo/mail tonne kilometres, was up by 2.6 per cent while cargo and mail revenue tonne kilometres (RTKs) increased by 7.5 per cent.In the first eight months of 2017, the tonnage rose by 11.6 per cent to 1.49 million tonnes against a 3.2 per cent increase in capacity and a 9.3 per cent increase in RTKs, the airline said in a statement.On the passenger front, the two airlines carried a total of 2.6 million last month - an decrease of 1.2 per cent compared to September 2016. The passenger load factor dropped 2.3 percentage points to 81.0 per cent, while capacity, measured in available seat kilometres (ASKs), increased by 2.4 per cent.In the first nine months of 2017, the number of passenger carried increased by 0.1 per cent to 25.9 million, while capacity rose by 2.0 per cent, the airline said.Mr Lam said "Strong frontend momentum proved to be the driver for our passenger business in September, which was a result of growing demand for business traffic. After a generally lacklustre start, which was reflected by a low load factor, backend demand steadily increased and was strong in the lead up to the National Day and Mid-Autumn Festival holiday week in early October."Headwinds in the form of revenue decline persisted in several of our key long-haul markets, although our routes to Japan proved particularly popular, with a significant increase in demand recorded."Meanwhile, Asian airlines continued to report strong cargo figures in September. The latest figures from airlines in the regions show that there was some slowdown in growth in September at certain airlines but overall cargo continued to improve, according to London's Air Cargo News.
The first China-bound freight train carrying British products left DP World London Gateway terminal on April 10 and arrived at eastern China's Yiwu city known as China's "world supermarket" after a 19-day journey."This was the pilot run and now we are working to establish a weekly service that will touch many provinces in China... and come directly into the UK," said Ms Silveira, whose company boasts the largest rail terminal in Britain.The direct train service, a significant part of the Belt and Road Initiative proposed by Chinese President Xi Jinping in 2013, is reshaping the supply chain between Britain and China as the train is more reliable and cheaper than air freight and much faster than sending goods by sea, said Ms Silveira in an interview with Xinhua."These are the very critical points for supply chain today, speed and reliability. And the Belt and Road Initiative will be very critical ensuring that the supply chain moves in the right direction," she said.The logistics chief noted that the direct train service has drawn much interest from a range of clients, especially car manufactures, pharmaceutical companies and toy manufacturers."This train's transit time is only 18-19 days and can bring cargo right in time from source to consumption for Black Fridays or for any of the promotional activities," said Ms Silveira.London is the 15th city in Europe to join in the China-Europe freight train services. The first Chinese freight train arrived in London in January.China now has express freight services to 28 European cities. More than 5,000 trips are expected to be made by 2020, according to the China Railway Corporation.
Recognised by the community as one of the most prestigious and reputable environmental award schemes in Singapore and the region, the SEAA was launched by the then Minister for the Environment in Singapore, Yeo Cheow Tong, to honour outstanding organisations and companies for their overall environmental stewardship, management and performance.Upon receiving the SEAA Award, OOCL's region group head of Taiwan and ASEAN Group, P C Wu, said: "OOCL is pleased to be acknowledged for our commitment and efforts to achieving sustainability objectives by receiving these remarkable awards. Over the years, we have been proactively taking on a leadership role in addressing global environmental challenges. We will continue to push forward with our agenda to further develop our sustainability profile and achieve higher levels of operational excellence."At the event, OOCL was also a winner in the SEAA Maritime sector category, an award sponsored by the Maritime and Port Authority of Singapore (MPA), which recognises maritime companies that have in place strong environmental management policies with a focus on industry leading initiatives and continuous innovation in their sustainability work.Through years of effort and dedication, OOCL has exceeded many international requirements and industry standards in the countries where it operates by implementing many important initiatives that contribute to the success and development of its environmental sustainability profile, including the recent launching of the largest containership in the world by carrying capacity at 21,413 TEU, equipped with advanced green features to meet future environmental requirements.The energy efficiency of our new containerships not only satisfies the current Energy Efficiency Design Index (EEDI) baseline requirement, but is 48 per cent better than the EEDI level required by the International Maritime Organization in 2025, the shipping line said in a statement.The shipping line also reached higher standards and transparency in Greenhouse Gas (GHG) reporting, OOCL not only met the verification requirements of GHG Scopes 1 and 2, but also took a further step forward to meet a GHG Scope 3 requirement in 2017, focusing on indirect emissions associated to business travel by air.
However, there is ongoing concern over attacks in the Gulf of Guinea and in Southeast Asia, according to International Maritime Bureau's (IMB's) latest quarterly report on maritime piracy.The uptick in attacks off the coast of Venezuela and other security incidents targeting vessels off Libya - including an attempted boarding in the last quarter - highlights the need for vigilance in other areas. In total, 92 vessels were boarded, 13 were fired upon, there were 11 attempted attacks and five vessels were hijacked over the reporting period.Some of the more serious incidents include a Thai product tanker being attacked off Pulau Yu in Malaysia in early September. However, thanks to the prompt intervention of the Malaysian Maritime Enforcement Agency, 10 hijackers were successfully apprehended and the tanker was safely escorted to a nearby port. The pirates were sentenced to long periods of imprisonment.A total of 20 reports against all vessel types were received for Nigeria, 16 of which occurred off the coast of Brass, Bonny and Bayelsa. Guns were reportedly used in 18 of the incidents and vessels were underway in 17 of the 20 reports. Thirty-nine of the 49 crewmembers kidnapped globally occurred off Nigerian waters in seven separate incidents.The number of incidents that took place off Venezuela rose from three in 2016 to 11 in the first nine months of this year. All vessels were successfully boarded by robbers armed with guns or knives and mostly took place at anchorage. Four crewmembers were taken hostage during these incidents, with two assaulted and one injured.
In September, US-flagged Great Lakes freighters moved 10.1 million tonnes of cargo, with volume up 10.7 per cent compared to September 2016, reported American Shipper.Iron ore cargoes for steelmaking rose by 14 per cent year on year to 4.9 million tonnes in September, while coal loadings approached 1.9 million tonnes, an increase of 6.1 per cent, and limestone cargoes were up 10.1 per cent to 2.7 million tonnes.In the first nine months of the year, iron ore shipments were up 7.1 per cent compared to the same period a year earlier to 32.4 million tonnes; and coal cargoes rose by 85,000 tonnes year on year to 9.4 million tonnes.The 15.3 million tonnes of aggregate, fluxstone and scrubber stone shipped declined by 3.3 per cent from last year's end-of-September total of 15.7 million tonnes.
Imports of general cargo rose 13.2 per cent to 5.5 million tonnes, while exports were up 11.5 per cent to 5 million tonnes, the company said in its press release.During the third quarter of the year (July-September), the port handled a total of 3.6 million tonnes of cargo (+15.8 per cent), comprising 1.9 million tonnes of imports (+16.8 per cent), and 1.7 million tonnes of exports (+14.8 per cent). The TEU amounts in container traffic increased by 7 per cent compared to the same period last year while rubber-wheeled traffic units surged 11.1 per cent, according to PortNews.
"If the past five years is used as a guide, 25 sailings will have to blanked on Asia-Europe, while Transpacific will require the blanking of 67 average-sized sailings," SeaIntel said in a statement.""We are now heading into the fourth quarter, where we would expect to see the traditional culling of deployed capacity relative to the peak season third quarter, but the current capacity outlook does not show a Q4 drop in deployed capacity in line with past years."Over the 2012-2016 period, fourth quarter capacity deployed on the Asia-North Europe trade lane has on average been reduced by 6.6 per cent relative to the third quarter, but this fourth quarter only 0.8 per cent is currently scheduled to be removed."If the same seasonality is assumed, a total of 193,000 TEU would have to be blanked over the entire Q4 period, equal to the blanking of 13.5 average sailings, or roughly one sailing per week," said SeaIntel.On Asia-Mediterranean trade lane, assuming the average 2012-2016 quarter-on-quarter "contraction of 10.2 per cent holds true, the trade lane is currently scheduled for an excess capacity [of] 126,000 TEU in Q4 [2017], which would equate to the blanking of 11.5 average-sized sailings, or a little less than one per week," the analysts said.On the Asia-US west coast trade lane, fourth quarter capacity in 2012-2016 was on average cut by 4.5 per cent compared to Q3. However, this fourth quarter there is an excess of 184,000 TEU of capacity currently scheduled, equal to the blanking of a massive 25.1 average-sized sailings, or close to two sailings per week.On the Asia-US east coast trade lane, deployed capacity is currently scheduled to grow by 4.1 per cent over the third quarter of 2017, which would yield a year-on-year growth of "a staggering 21.9 per cent. This would mean an excess capacity of 247,000 TEU if the 2012-2016 seasonality is assumed, which would require the blanking of a staggering 32 average-sized sailings, or almost 2.5 sailings per week," SeaIntel added.
Container throughput over the reporting period was up 12 per cent year on year to 903,225 TEU, reported Seatrade Maritime News of Colchester, UK.Out of the three ports the group operates, Qinghuangdao port performed the best, with cargo volume rising 42 per cent year on year to 177.3 million tonnes, followed by Huanghua port with volume up 15 per cent to 51.8 million TEU, while at Caofeidian port throughput increased by 12 per cent to 61.6 million tonnes.Dry bulk volumes grew the most and among them coal volume grew the fastest, up 30 per cent and 43 per cent to 270.6 million tonnes and 176.9 million tonnes respectively, the port operator said in a stock market filing.
The service will be jointly operated by YM and Hong Kong's TS Lines, deploying three ships in the 1,800-TEU range. Two will be deployed by Yang Ming and one by TS Lines.The rotation will be Kaohsiung, Hong Kong, Shenzhen-Shekou, Jakarta, Semarang, Surabaya and back to Kaohsiung with the round trip taking 21 days.In addition, the rotation of CTI service (China-Indonesia service) independently operated by Yang Ming will be further adjusted as Shanghai, Ningbo, Shenzhen-Shekou, Jakarta, Semarang, Surabaya, Hong Kong and back to Shanghai.With the launch of THI and the rotation adjustment on CTI, Yang Ming will strengthen its Indonesia service network, and provide customers with more convenient service.