Wednesday, May 22, 2019
From June 2019, Swissport will handle over 600 tonnes of perishables, pharmaceuticals and general cargo daily at the COOL Nordic Cargo Hub, which opened in 2018.The facility focuses on temperature-sensitive and high-value cargo shipments between Europe and Asia. Swissport will operate the 31,000 square meter facility and in addition Swissport will continue to provide cargo services for further customers at its own cargo terminals at Helsinki airport, according to Mumbai Stat Trade Times."With the new contract, we strengthen our successful and long-standing cooperation with Finnair," said Tomi Viitanen, CEO of Swissport Finland. "As the operator of Finnair's main cargo hub we are excited to contribute to the growth and digital transformation of air cargo handling at Helsinki airport."Said Finnair Cargo managing director Janne Tarvainen: "Swissport already is our trusted partner at numerous airports around the world and offers the most competitive package to further develop our cargo operations."
The S$45 million (US$32.7 million) increase in overall revenue for the year came as stronger yields (+5.7%) were "more than sufficient" to offset a 3.5 per cent fall in loads carried, measured in tonne-km.In the fourth quarter, January to March 2019, SIA's cargo segment saw a S$34 million contraction, or 6.6 per cent in revenue.The final quarter suffered from lower loads, down by 6.8 per cent, which the Asian carrier said was "a reflection of the difficult trade conditions".In financial reporting terms, SIA Cargo was re-integrated into the group results from April 2018.SIA said that its cargo operations will "continue to pursue charter opportunities and deploy capacity to match demand".The freighter network covers 19 cities in 13 countries and territories, including Singapore.In its group outlook, the company stated: "Notwithstanding the current demand picture, ongoing trade disputes and slowing economic growth in key markets pose uncertainty to the operating environment."Efforts will be made to capture opportunities and mitigate any arising weaknesses in both cargo and passenger segments."
The cargo and mail load factor fell by 5.5 percentage points to 62.5 per cent. Capacity, measured in available freight tonne kilometres carried a total of 3,127,186 passengers last month - an increase of 4.9 per cent compared to April 2018. Said Cathay cargo chief Ronald Lam: "The decline in air freight demand along major trade lanes continued to adversely affect our cargo business in April. It has led to decline in both volume and yield. Both are expected to remain difficult for the foreseeable future. "Meanwhile, we continue to closely monitor the development of US-China trade relationship and its impact on the world trade flows," he said.
The shipping line said the new service "opens up new development opportunities for its customers located in Central and Eastern Europe thanks to rail and road intermodal solutions, mainly via Koper. It also allows connections to the rest of the world via its port hub in Malta, thus reaffirming its local commitment and its desire to develop it."The ADRINAF service reinforces its intra-Europe and Mediterranean "CMA GM short sea" offer, which is comprised of 33 services operating 63 vessels and making over 300 calls per week. The transit time of the ADRINAF is 21 days and three 1,300 TEU box ships have been deployed. The service calls: Koper, Venice, Rijeka, Bar, Malta, Skikda, Malta, Catania, Ancona and returning to Koper.
"We support the administration's efforts to deliver a meaningful trade agreement that levels the playing field for American businesses and workers."Slapping tariffs on everything US companies import from China - goods that support US manufacturing and provide consumers with affordable products - will jeopardise American jobs and increase costs for consumers."Taxing Americans on everyday products like clothes and shoes is not the answer for holding China accountable. Working with our allies who share the same concerns and immediately re-joining TPP are more effective ways to put pressure on China without hurting hardworking Americans. We urge the US and China to get these critical negotiations back on track. Both sides will lose in a full-blown trade war, and the global economy will suffer," Mr Shay added.A study commissioned by Tariffs Hurt the Heartland and prepared by Trade Partnership estimated that imposing tariffs of 25 per cent on all remaining imports from China, combined with the impact of retaliation, would jeopardise more than two million American jobs, cost the average US family of four $2,300 each year and reduce the value of US GDP by one per cent, according to the American Journal of Transportation
The Rijeka Port Authority director Denis Vukorepa, who has not identified the seven companies vying for the contract, said that after analysing the documents received all seven applicants (or perhaps fewer, depending on the quality of their references and project visions) will be invited to send their final bids for a 50-year concession. The estimated value of the concession (excluding VAT) is HRK20.5 billion (US$3.08 billion)."These are respectable port terminal operators. We are very pleased because we were hoping for such a response. It turned out that this transport route is very interesting," said Mr Vukorepa. The first stage of the concession process formally concluded last week, and the plan is to sign a contract for the Zagreb Deep Sea terminal by the end of September, reports Total Croatia News.The tender is looking for a concessionaire for the performance of construction works and the provision of services, with the obligation of investing about EUR70 to EUR80 million euro in the construction of the terminal which is now 400 metres long and was partially built as part of the project with the World Bank and the European Union.During the recent visit by the Chinese prime minister to Croatia, it was announced that Chinese companies were interested in the concession, but Mr Vukorepa did not want to comment on this information.The intention is to build the Zagreb Deep Sea terminal in the second phase up to a total length of 680 metres. If the concessionaire is not interested in this, the concession would be reduced to 30 years.The Port Authority is offering to the concessionaire a ten-year exclusivity, meaning that no new capacities for container shipment would be built during that period. The new terminal, with a depth of 20 metres, will be able to receive ultra-large container ships.The Port Authority says the ports of the northern Adriatic will reach their maximum capacity by the next year. The new terminal will be able to handle more than 400,000 TEU per year in the first phase, and at least 800,000 to one million TEU annually when it reaches full capacity, foreseen for 2030.
This increases BMCT shoreside container handling units at the facility to 12, providing full Phase 1 capacity of 2.4 million TEU.BMCT handled more than 520,000 TEU in the 2018-19 financial year, a considerable achievement for a start-up terminal that has only just completed its first full year of operations. Planning for BMCT's Phase 2 development is currently underway. It is expected that construction work will start in the fourth quarter of 2019 and the additional facilities will be operational by the end of 2022. At that stage the annual capacity of BMCT will reach 4.8 million TEU and the terminal will occupy 200 hectares.
Applauding the development American Trucking Associations (ATA) president and CEO Chris Spears said: "Right now, 18-, 19-, and 20-year-old drivers are driving trucks in the United States. What these pilot programmes will do is set out a path for these drivers to fully participate in our industry by allowing them to drive interstate." In a Federal Register Notice, FMCSA announced it was seeking comments on what "training, qualifications, driving limitations, and vehicle safety systems that FMCSA should consider in developing options or approaches for a second pilot programme for younger drivers." This would become FMCSA's second younger driver pilot programme, following a scheme announced last July to allow younger veterans to drive in interstate commerce."Allowing younger drivers, who are already moving goods intrastate, to drive interstate is a common sense step that has support not just from the trucking industry, but from a broad coalition," Mr Spear said."Between FMCSA's proposed pilot project and the bipartisan support for the Drive SAFE Act in Congress, we hope we will soon create a path for more young people to fully participate in our industry," he said.
From July 1, China will restrict high-grade Category 6 copper scrap and aluminum and steel scrap, an extension of an earlier ban that started this year on Category 7 scrap. From then, scrap metal importers into China will have to show they have the capacity to manufacture the imported scrap into refined metal or semi-finished products such as copper cathode or rods in order to receive licences and quotas from the Ministry of Ecology and Environment. China, the world's biggest metals consumer, imported 5.34 million tons of scrap metal last year, down a third from 2017, according to customs data, as an environmental campaign against solid waste has gained momentum.
Major casualties in the last 18 months have included fatal blaze last March on the 15,252-TEU Maersk Honam, the fire on the 7,510-TEU Yantian Express in January this year, noted Colchester's Seatrade Maritime News.One panellist, a beneficial cargo owner, noted that General Average was an ancient concept, but it was now inappropriate where ships carried cargo belonging to thousands. In both the cases of Maersk Honam and the Yantian Express General Average was declared, where all BCOs shared in the overall loss.Showing a picture of a large mega ship, with nearly two dozen rows of boxes stacked high, to the group, the panellist expressed a great frustration that each box could generate multiple emails that would keep claims staff busy non-stop for weeks.He added that the paperwork swirling around, needed to settle claims, would frequently contain errors, or was incomplete. The speaker, who works with a leading cargo claims consultant, suggested that a move to a more streamlined system of electronic documentation would go a long way towards smoother and quicker resolution of claims. "The system is broken," he said. "It was not designed for vessels like this", referring to the 18,000 TEUer on the screen. "With more data now, this debate will re-open. Large containerships do indeed present more risk." An actual study on this subject has been undertaken by the TT Club.According to the TT Club a major containership fire occurs every 60 days and that as the size of containerships increase so does the potential risk and consequence of a large explosion or fire. The club noted in a loss prevention bulletin last September that the capability to respond to a fire at sea had not progressed at the same rate as ship capacities and the large array of cargoes carried.
The acquisition provides an attractive platform to better serve customers' break-bulk and dry bulk requirements, said DP World, adding its existing facilities at Vancouver and Prince Rupert have enjoyed strong growth in recent years, reports Port Strategy, of Fareham, Hampshire.Said DP World chairman and CEO Sultan Ahmed Bin Sulayem: "We are pleased to announce the acquisition of Fraser Surrey Docks, which complements our footprint in the west coast of Canada."We are seeing increasing demand from our customers for multi-purpose facilities in the region and we believe Fraser Surrey Docks has the relevant infrastructure and is in the right location to service this demand."We look forward to bringing DP World's best-in-class terminal operations to Fraser Surrey Docks."Fraser Surrey Docks operates over 1,200-metre of berth and 189 acres of yard and is one of Vancouver's major steel import terminals. It also handles over one million tonnes of grain and serves several container lines, handling 250,000 TEU in 2018.The acquisition will be effected through DP World's Canadian subsidiary, DP World Canada Investment, which is owned 45 per cent by Quebec City's Caisse de depot et placement du Quebec.
Inbound from Antwerp, the Singapore-flagged vessel was headed for Montreal. Conflicting social media accounts have the dead man as either and able seaman or second mate, who was reckoned to have little chance of survival in 6 C water.Said Maersk chief operations officer Soren Toft: "It is with regret that we must conclude that we have lost our colleague. It is a tragic situation for the family and we have offered them our full support. My deepest condolences and thoughts go to them."
"Sea and rail should play a greater role in container shipping. But it has grown slowly due to the insufficient railways at Waigaoqiao and Yangshan port areas." said Shanghai International Port Group (SIPG) president Yan Jun.SIPG will hold 20 per cent of the joint venture, China Cosco Shipping Corp will hold 20 per cent and the rest will be held by the National Railway Administration and China Railway Container Transport Corp."We expect to expand the ocean-rail transport volume to 80,000 TEU by the end of this year, and more than double this to 200,000 TEUs in 2020," said Mr Yan.The company has been striving to increase the port's ocean-rail transport capacity, and currently all the foundation works have been completed. The multimodal transport company, with a heavy focus on technology, will have a competitive edge over road transport in environment and cost aspects."The absence of rail connection to major port areas has been a major barrier for the Port of Shanghai. Railways are one of the most important solutions for logistics, and it is key to land transportation," said Lin Guolong, director of the Shanghai Maritime University's Logistics Research Centre.
All employees of JNPT propose to go on strike on and from on Friday to press for settlement of their demands to continue existing service conditions while working to improve port productivity through alternative means suggested by them.
The legally binding framework emerged at the end of a two-week meeting of UN-backed convention on plastic waste and toxic, hazardous chemicals that threaten the planet's seas and creatures, reported the UK Guardian. The pact comes in as an amendment to the Basel Convention. The US is not a party to that convention and argued against the change, saying officials didn't understand the repercussions it would have on the plastic waste trade.This move is seen as a game-changer in protecting the environment of these countries, says CGTN.With the new pact in place, the recyclable exporting nations have to get consent from the governments of the importing countries before dispatching any such shipment.The resolution was a culmination of a two-week-long UN-backed consultation on hazardous chemicals and plastic waste contaminating the oceans and endangering aquatic creatures. This pact is the revised version of the prior Basel Convention of 187 nations. The earlier convention lacked the ability to address the movement of the radioactive waste.Some 429 - 157,000 TEU of plastic waste was exported from the US alone in 2018 to the poorer nations where the mismanagement of hazardous waste is already a mounting problem, as per the data revealed by US Census Bureau, CGTN reports.Plastic waste once it deteriorates, emits toxic chemicals and further breaks down into microplastic which is hard to see from naked eyes, but still can cause dangers to humans and other living