Friday, January 24, 2020
The way air cargo capacity usage is measured to reflect modern day reality will strengthen the airlines' voices with all stakeholders, not least airports, slot coordinators, legislators and aircraft manufacturers, said CLIVE, reports the American Journal of Transportation."Underpinning this new way of thinking by CLIVE Data Services' award-winning 'Selfie app' is the realisation that air cargo load factors based on weight utilisation now paint a misleading picture of how full flights really are," said the company, a division of London's Cargo Airports & Airline Services. "This is caused by the methodology used. Traditionally, the amount of cargo flown in kilogrammes is divided by the level of cargo capacity in kilogrammes. But, the reality for the vast majority of widebody and freighter flights is that it's the cargo capacity in cubic metres, which is the limiting factor, not the cargo capacity in kilogrammes," said CLIVE managing director Niall van de Wouw. "Consequently, existing load factors, based only on weight, underestimate how full planes really are, and thus give a distorted picture of how the industry really is performing," he said."The fact that flights nearly always 'cube out' before they 'weigh out' is a result of the aircraft's higher capacity density (available kilogrammes per cubic metre) than the average density of the goods moved by air. Looking ahead it is very likely that this discrepancy in capacity density and cargo density will further increase. "On the capacity side, we have new planes entering the market which can lift more kilogrammes of cargo per cubic metre than ever before. And, on the cargo side, the surge in e-commerce traffic will further decrease the average density of the cargo flown," Mr van de Wouw said.CLIVE analyses shows the real utilisation of air cargo capacity on a global level is 35 per cent higher than the traditional indicator suggests, he says."We therefore believe it is time for a new yardstick: the dynamic load factor. To support this change in thinking, we will now be publishing this dynamic load factor analyses each month," Mr van de Wouw stated.
The man at the helm during DSV's bids for and acquisition of what he referred to as "the highest quality" of all the companies DSV has acquired during its history was Jens Bjorn Andersen, then-CEO of DSV and current CEO of DSV Panalpina. Mr Andersen's leadership of DSV through its acquisition of and merger with Panalpina led the readers and editors of New York's Air Cargo World to recognise him as the Air Cargo Executive of the Year for 2019.Panalpina had originally rejected DSV's first takeover overtures and had entertained the idea of making its own major acquisition in Kuwaiti 3PL Agility Global Logistics.DSV acquired the Swiss company for US$4.6 billion to create a new entity, DSV Panalpina A/S, that would become one of the largest logistics companies globally. The acquisition was wrapped up last August.
"The air cargo unit comes in complementation of the Sultanate's overall strategy for revamping the logistics sector," said Oman Air vice president Ali Al Musafir."Oman Air has been liasing with the departments concerned to develop air cargo operations with a goal of reaching a total volume of 500,000 tonnes by 2040," he said.It has been reported that when complete, the new air cargo hub will measure 22,000 square metres and will have the capacity to process 350,000 tonnes of cargo per year. It will also be able to hold 734 shipping containers and 2,208 mobile chutes, as well as ground handling trucks.The new hub will enable simultaneous loading of up to three freighter aircraft. In addition, a 2,500-square metre facility within the hub will be dedicated to livestock and a 228-square metre chamber will be used for handling high-risk goods. An air conditioning system and cooling units will ensure that perishable cargo is handled in optimum conditions.Mr Al Musafir said Oman Air has a fleet of 55 aircraft and its main cargo destinations are West Asia, Europe, Indian Ocean countries and Sri Lanka. Efficient use of aircraft capacity and an increase in the number of destinations that Oman Air flies to were factors that played a role in it multiplying its revenues between 2016 and 2019.The Times of Oman also reported that the country wishes to become less reliant on revenues generated from fossil fuels. Thus, it is focusing on enhancing its transport and logistics operations to generate additional income in the future.
"We are an international freight forwarder and logistics express service provider," says the company website. "Our parent company is a listed company, Nanka Electric Railway Limited, and had established a good reputation in the transportation industry."Our company is committed to set up a worldwide transportation network to provide international forwarding services. Not only having branch offices all over the world, we have a worldwide agency network in more than 100 major cities," said the Nankai Transport statement."Besides we have our own trucks and warehouses. With these global ad network facilities, we are able to offer best quality and the most efficient forwarding services to out valuable customers," it continued.Describing its management policies, its website said: "To meet the trust of society and achieve higher customer satisfaction;"To develop energetic staff with originality and create a desirable working environment where employees can work with their expertise and personality , in a cooperative manner."Of corporate goals, it said: To promptly address the changing and diversified needs of society and our customers, win the highest favour among customers and business partners and to achieve high profitability by offering unparalleled quality services.
The numbers marked the fifth consecutive year the port has surpassed the one million TEU mark. Port officials attributed the growth to a diverse balance of global trade and more than US$1 billion of infrastructure improvements that equipped the port to handle larger vessels. The port improvements led to fewer vessel calls but increased use of crane lifts. PortMiami is served by CSX and Florida East Coast Railway.
"Without time for planning and testing, delays at the border are very likely to have a critical impact on the availability of time-sensitive goods, such as fresh food and medicines," said FTA policy chief Elizabeth de Jong."There are a number of critical questions about the way goods will move across borders between the UK and the EU, and the arrangements that need to be put in place between Great Britain and Northern Ireland," she said. "It is just not possible for logistics businesses to prepare adequately without these critical operational details," she said.
Roman Mayer will continue to serve as Swissterminal's CEO. Swissterminal, based in Frenkendorf near Basel, also operates in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal. "By merging our family-owned business with such a large, international organisation which shares our long-term vision, we will be well-equipped to deliver long-term sustainable growth and cater to a changing industry landscape," said Mr Mayer. The terminals are well connected to Europe's leading container ports in Rotterdam and Antwerp as well as the ports of La Spezia, Genoa, Ravenna and Trieste south of the Alps on the Mediterranean. The Swissterminal and DP World partnership is expected to deliver a strong competitive advantage and enhance the industry leading position of both companies. The cooperation is to expand thecompanies' terminal networks, increase efficiency and grow their service portfolios. Said DP World inland chief Martin Neese: "The partnership strengthens DP World's position as a leading provider of inland supply chain solutions. We look forward to developing new intermodal solutions together." DP World operates through a network of 150 facilities in 45 countries at ports, economic zones, warehousing, feeder services and inland transport, focusing on faster growing markets and key trade routes.
This comes as ship operators are grappling with unprecedented bunkering uncertainty in the wake of the introduction of the UN's International Maritime Organisation (IMO) new cap on sulphur content in marine fuel of 0.5 per cent under IMO 2020, reported London's Lloyd's List.Several traders have indicated their intent to introduce compliant fuel oil blends with viscosity closer to marine diesel oil in the coming weeks, according to bunker industry veteran Simon Neo.This can be deemed as inevitable in light of demand for 3.5 per cent sulphur fuel oil, or high sulphur fuel oil, outstripping supply following steep drops in HSFO cracks last year, as research from shipbroker Braemar shows.Compliant fuel oils are typically derived from blending HSFO with much lighter distillates - usually gas oil or diesel oil - to bring the sulphur content down to the 0.5 per cent limit imposed by the IMO.One industry source suggested that a narrowing of price spread between marine gas oil and 0.5 per cent sulphur fuel oil since the regulatory cap came into effect at the beginning of this year, may have encouraged refiners and traders to even contemplate supplying vacuum gas oil into the bunker market.One flip side from rising use of hydrocracking processes to refine heavier oil products is they may yield waxier diesel fuels.Douglas Raitt of Lloyd's Register has warned that excessive sludging of wax and sediments may arise from burning much lighter compliant fuels derived from blends made up of waxy diesel oil."We have encountered this phenomenon especially in fuel blends with viscosity ranging between 20 cSt and 100 cSt," he said.If not properly handled, excessive sludge can clog up ship engines and cause engine failures.Lloyd's List added that it understands from one bunker insider that compliant fuel blends of less than 80 cSt have already surfaced in Singapore.
The vessel took in exercises with the Philippine Coast Guard (PCG) in an effort to improve bilateral ties amid tensions between Beijing and Manila over territorial disputes in the South China Sea.The 102 metre long Type 718B patrol ship was welcomed at the PCG's national headquarters in Port Area, Manila in a ceremony that was also attended by PCG Commandant Admiral Joel Garcia and CCG Director General Major General Wang Zhongcai.Two of these ships have been constructed at GZHP and four more are observed at different stages of construction at Wuchang. These ships also are armed with a single H/PJ-26 cannon on the bow.This gun has a stealthy turret design, and more composite material is used in the construction of the turret. In addition, ready rounds for the H/PJ-26 are doubled to 150 rounds from the original 75 of the earlier AK-176.
Kiev's Maritime Bulletin, which specialises in marine casualties, suspects the attacked ship was the 1,033-TEU MSC Grace, though this has not been confirmed.Clearwater Dynamics reported that a black speedboat with a white flag and 15 armed pirates onboard, fired upon the vessel bound for Port Harcourt but then moved away. The Panama-flagged box ship reportedly has armed guards aboard.The containership's security team returned fire which resulted in the pirates aborting their attack, during which time the crew retreated into the citadel safe room.
Mr Tong "faithfully served the association as an executive committee member, vice-chairman, and chairman over the past few years. At the end of 2019, Mr Tong retired from OOCL Hong Kong, where he has most recently served as managing director," a statement from the association said.Mr Giannetta is a no stranger to the association, as he has been the executive director of the HKLSA since 1994. Mr Giannetta said: "I have had the privilege of working with a number of experienced and dedicated shipping executives over the years. The last few years, working closely with Tony and Daniel Lai (ongoing vice-chairman of HKLSA) has been a wonderful experience for me. "While it will be difficult for me to fully fit Tony's shoes as he is leaving the association, I know that there are many other committed and effective industry leaders in our ranks that can lend me the support that I will need going forward."Mr Giannetta aims to focus HKLSA's attention on operational efficiencies within Hong Kong port, and fostering strong ties with Hong Kong and Chinese government officials, as well as cooperating with industry stakeholders in promoting Hong Kong as a leader in smart port logistics, and helping to formulate the future benefits to be derived from Hong Kong's integration into the Greater Bay Area. HKLSA will continue to work with the HK Maritime & Port Board, the HK Logistics Council, the HK General Chamber of Commerce, and numerous other industry-focused bodies impacting Hong Kong's economy and logistics sector.The HKLSA will have the benefit of overlapping continuity in the presence of Daniel Lai of CMA CGM HK, who will continue in his role of vice-chairman for the association, together with Serena Yiu as secretary general for the association.In connection with the appointment of Mr Giannetta, the Hong Kong Liner Shipping Association has tweaked its structural make-up by creating a newly established steering committee, who will work with the HKLSA officers on policy, direction, strategy and follow-up action points.
SIPG will spend CNY3.7 billion for five per cent of the port, in line with the central government's call for greater cooperation among Yangtze River Delta ports, reports Singapore's Splash 247.The proceeds from the fund raising will be used for terminal construction, berth conversion, asset acquisition, debt repayment and general working capital.According to the port authority, this will bring in SIPG as a strategic investor in an response to the central government's call to enhance cooperation among ports in the Yangtze River Delta region.Ningbo port will use CNY4.6 billion of the proceeds to support the construction of container terminal at Meishan Port area and another CNY1.04 billion for the development of iron ore terminal at the Chuanshan port area.Ningbo Zhoushan Port has been the number one port in the world in terms of cargo throughput in the past decade, handling 1.12 billion tons of cargo in the year of 2019. The port also completed container throughput of 27.53 TEU during the same period, ranking it third in the world.
The revised network features five Asia-North Europe loops, which will include the deployment of two 20,000-plus TEU ships supplied by HMM."The addition of these services will enable Hapag-Lloyd to offer an even higher frequency of weekly departures and more routing options, as well as to directly serve additional ports with high schedule reliability," said a company statement.News came just a day after THE Alliance unveiled its expanded service network incorporating South Korean carrier HMM as a new partner from April. Details of the 2M loops or services it would use would be communicated "in the upcoming weeks".But the crossover deal may undermine the cause of carriers in getting back their Block Exemption Regulation (BER), which is due to expire in April.The European Commission has proposed that the BER, which allows carriers to participate in operational alliances with a market share of up to 30 per cent on trades serving the EU, be extended until 2024. But shippers oppose the EC's decision to extend the BER saying ignores their views.