Tuesday, October 23, 2018
The carrier's freighter flights will continue to be operated from Istanbul Ataturk Airport, reported London's Air Cargo News.The airline will occupy 165,000 square metres at the new hub, which will have an annual cargo handling capacity of two million tons at the end of the first construction phase. The second phase of development will raise the capacity to four million tons per year."The global air cargo brand, which services to more than 300 destinations in 124 countries, is also designing differentiated services, diversified special cargo areas and more quality and lean processes for the special product groups," Turkish Cargo said."The new mega hub will be the first air cargo terminal which is to be integrated into the operational process of artificial intelligence with support of pallet container handling system (PCHS) and an automated storage and retrieval system (ASRS).
The cargo and mail load factor rose by 1.1 percentage points to 69.2 per cent. Capacity, measured in available freight tonne kilometres (AFTKs), increased 0.7 per cent while cargo and mail revenue freight tonne kilometres (RFTKs) increased 2.3 per cent. In the first nine months of 2018, tonnage rose 6.4 per cent against a three per cent increase in capacity and a 6.1 per cent increase in RFTKs. "On the cargo front, demand continued to strengthen as we moved into the seasonal peak and we saw both year-on-year load factor and yield improvements during the month," said Cathay cargo chief Ronald Lam."Disruption caused by Typhoon Mangkhut in Hong Kong and Typhoon Jebi in Japan impacted passenger and cargo businesses in September, leading to lower capacity and revenue growth than anticipated," said Mr Lam. "On the passenger front, the load factor remained stable based on the operated capacity, whereas gross yield only achieved small growth, with the previous favourable currency trend ceasing in September," he said.Cathay lines carried a total of 2,612,643 passengers last month, a decrease of one per cent compared to September 2017. The passenger load factor decreased 0.2 percentage points to 80.8 per cent, while capacity, measured in available seat kilometres (ASKs), increased 0.7 per cent. In the first nine months of 2018, the number of passenger carried grew two per cent while capacity increased 3.1 per cent.
The unions won a pay increase of two per cent retroactive to January 1 and another two per cent in 2019. The agreement follows a similar proposal rejected by employees earlier this year that led to the departure of Mr Smith's predecessor.If the pay agreement sticks, it would put an end to an acrimonious labour dispute that has rocked investor confidence.The airline says the five union groups that signed on represent 76 per cent of staff so it's considered "valid". In agreeing to bring in a foreigner to run the carrier - Mr Smith is a Canadian - the government instructed the new CEO to "repair" the airline. Former Air Canada passenger chief Mr Smith, 47, had taken the lead of the Air France unit after Franck Terner resigned, putting him on the front line of negotiations with French unions.
Taiwan and Germany, which this year ranked 27th and first in the World Bank's Logistics Performance Index respectively, have some of the world's busiest port facilities. The Port of Kaohsiung was last year ranked the world's 15th busiest, handling 10 million TEU, closely followed by Hamburg, which ranked 18th, handling nine million TEU.That makes Taiwan and Germany natural partners in the logistics industry and cooperation between the two sides' logistics companies offers mutual benefits, said German Trade Office Taipei executive director Axel Limberg, reported the Taipei Times."As Germany is leading in logistics performance and Taiwan is looking to modernise its logistics infrastructure, exchange of experience will not only enable bilateral firms to learn from each other but also strengthen the economic ties between Germany and Taiwan," Mr Limberg said.Taiwanese authorities have been promoting the nation's logistics industry and have invested in its expansion, modernisation and adoption of related infrastructure, the report said.The industry is important for the manufacturing sector and plays a crucial role in meeting the rapidly growing demand to deliver products purchased online, it said.As maritime logistics infrastructure has great significance in foreign trade for an island nation, harbours should be transformed into integrated transportation hubs if the government is serious about developing Taiwan into a regional hub in Asia, the report said.Taiwan is Germany's fifth-largest trading partner in Asia, while Germany is the top trading partner for Taiwan in the EU, the report said, adding that bilateral trade last year reached US$15.6 billion.
The organisers are looking for sponsors and are still accepting bookings for tables. They also would like to "encourage [ship] owners and managers to ask their crews to take part in the annual survey," adding that the surveys are freely available from their office in Kwai Chung, New Territories.Aside from the awards, the evening is a charity event organised to raise money to support seafarers' welfare across east Asia, in particular projects in Myanmar, the Philippines and Thailand.To find out more, contact Rebecca Wong at rebecca@themarinersclubhk.org or telephone Rebecca at (+852) 2723 2656.
The European Summit of the Heads of state and Government of the European Union and a ASEM (Asia-Europe Meeting) brought together the heads of state or government of more than 50 European and Asian countries including the 28 EU members, Russia, China, Japan and South Korea.The joint communique issued after the Brussels meeting said there was a "vital need of maintaining an open world economy and upholding the rules-based multilateral trading system, with the World Trade Organisation at its core".The communique also spoke of "the serious challenge posed by climate change and the need for urgent and effective action." Furthermore, it spoke of "collective support" for the United Nations-backed agreement to prevent Iran from developing atomic weapons."The summit shows that countries gathering from Europe and Asia want rules-based world trade and a commitment to multilateralism," German Chancellor Angela Merkel said. "That's an important signal because almost two-thirds of global gross domestic product is gathered here."The meeting highlights the global political manoeuvring to address the consequences of President Trump's "America-First" agenda, which has led the US to question the relevance of the WTO, abandon a landmark 2015 UN agreement to fight global warming and pull out of a hard-fought international accord the same year to curb Iran's nuclear activities.
To reduce emissions across the maritime sector, national authorities need to first quantify those emissions and then develop ways to reduce them, said the IMO.The emissions toolkit was developed under the GEF-UNDP-IMO Global Maritime Energy Efficiency Partnerships (GloMEEP) project, in collaboration with its partners, the Institute of Marine Engineering, Science and Technology (IMarEST) and the International Association of Ports and Harbours (IAPH).Astrid Dispert, GloMEEP technical adviser, said the guides - available free to download from the GloMEEP website - would help support countries seeking to develop and strengthen national policy and regulatory frameworks related to the prevention of air pollution and the reduction of ships' greenhouse gas emissions."The guides provide a wealth of information on assessment techniques and how to develop a national strategy, as well as links to further practical guidance," she said.
Panama Canal administrator Jorge Quijano said the record tonnage reinforces "the importance of the waterway's expansion and its impact on global maritime trade," reported American Shipper.The Panama Canal Authority (ACP) attributed the increase in cargo volume to the transit of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers, containerships, chemical tankers and vehicle carriers.The container segment continued to serve as the top market segment for tonnage through the canal, accounting for 159 million PC/UMS tons of the total cargo, of which 112.6 million PC/UMS tons transited the expanded canal, ACP said.Tankers, which include LPG and LNG carriers, contributed 130.3 million PC/UMS tons to the total, followed by the bulk carrier segment with 73.7 million PC/UMS tons and vehicle carriers with 49.5 million PC/UMS tons.A total of 62.8 per cent of the cargo transiting the canal had its origin or destination in the United States.
The Ministry of Finance requires that government subsidies for the China-Europe freight trains should not exceed 50 per cent of domestic railway costs, and that subsidies should be reduced 10 per cent a year compared to the 50 per cent level in 2018, said the report, said to be from an undeclared Chinese state media source.The requirements are part of a new evaluation system being developed by the ministry and the National Development and Reform Commission (NDRC), according to a report by China Daily."While fruitful results have been achieved with much policy support from the Belt and Road Initiative, more efforts are needed to improve the efficiency of operation, prevent the blind expansion of railway routes and lower operating costs," NRDC deputy head Ning Jizhe told a meeting in Beijing.Since 2011, China has sent a total of 11,000 freight trains to Europe and back as part of its Belt and Road initiative, which seeks to boost China's trade links with more than 80 countries in Asia, Europe and Africa.Driven by subsidies offered under the initiative, a total of 65 freight rail routes have now been opened between Chinese cities and 44 cities in 15 European countries, compared to practically none ten years ago.But while subsidies have made trains a compelling middle option that is cheaper than air cargo and faster than shipping by sea, they have also led to competition between Chinese cities in launching new routes and concerns about the sustainability and efficiency of the business in the long run.While subsidies vary between Chinese regions and operators, it estimated that the actual cost of transporting an FEU from China to Europe stand at EUR8,000 (US$9,200), with average subsidies per container going up to EUR5,000, according to IHS Media.The relocation of Chinese factories from coastal regions to inland provinces has encouraged companies like Hewlett-Packard to use rail transport, which only takes 10-14 days to reach Europe compared to up to 40 days by sea.Despite the rapid growth in routes and volume, trains carried only 2.1 per cent of total China-Europe trade by value in 2016, compared to 64 per cent by sea, 28 per cent by air and six per cent by road, according to a study published earlier this year by the Washington-based Centre for Strategic and International Studies (CSIS).
In a separate effort to improve the flow of reefer containers the terminal is readying to test a programme in which truckers and shippers looking to pick up or drop off a reefer at the terminal can pay US$80 to do so after the normal closing time. The pilot is part of the terminal's Flex programme, which starting from February enabled truckers or shippers that paid $95.50 to get one of the first 50 gate slots in the day, reported IHS Media.As part of the terminal's $500 million upgrade to prepare for an increase in mega ship calls, the new entry gates have pared the old three-stage process to two stages, thereby reducing turn times on dry boxes by one fifth, terminal officials say.The gate system is part of a project that includes expanding the terminal's 263-acre site, improving its electrical, global positioning and wi-fi equipment, and adding four super postpanamax cranes, two of which arrived in the spring. Two more will be delivered in the coming months and 20 new straddle carriers are also due to arrive this year.By the end of the year, PNCT's development will have increased the terminal's capacity from 1.5 million TEU to two million TEU, with an increase to 2.3 million TEU by the end of 2019.All of the port's four main terminals have undergone varying levels of upgrades in preparation for the spike in mega ship calls anticipated in the wake of the opening of the elevated Bayonne Bridge in June 2017 and the expanded Panama Canal in June 2016. PNCT said 75 ships that previously could not fit under the bridge have arrived at the terminal in the 15 months since the elevation of the bridge, or about five a month. The number of mega ships arriving at the port as a whole has surged in recent months. In a second major upgrade underway at New York-New Jersey, APM Terminals is spending $200 million on a modernisation that includes four new cranes, an appointment system and the strengthening of a berth so that the terminal can handle three mega ships simultaneously.
"At MEPC 73, IMO Member States must formally adopt the carriage ban on non-compliant fuels for implementation in 2020, as it is a fundamental tool for securing strong global enforcement," urge the group's press release.From January 2020 the maximum permissible sulphur content for marine fuel will be reduced from 3.5 per cent to 0.50 per cent for all vessels that are not equipped with scrubbers, it said."After 1st January 2020 it is not necessary to have high sulphur fuel in the fuel tanks of vessels without scrubbers installed. Therefore, the Trident Alliance cannot accept any postponement of the carriage ban," said Trident chairman Roger Strevens.
Thus, from Le Havre, Hamburg, Rotterdam, Antwerp Felixstowe and Southampton to Shanghai/Port Kelang rates will go to US$700 per TEU and $850 per FEU. These rates include the basic freight, the THC at origin and the bunker surcharges. They are subject to the THC at destination, other bunker-related surcharges, peak season charges and similar charges and the safety and security surcharges are accessible at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder. Other charges such as contingency charges and local charges may also apply, said the company.