Friday, March 5, 2021
The technology implementation is in addition to the iCargo management system, which the carrier started using last year, to " to evolve business capabilities that support the varying needs of its customers".American Cargo said the use of AI and robotics process automation will help it to better forecast its available cargo capacity, as well as automatically confirming specified air waybills (AWBs) and product types when booking requests have been made."Using historical data, American can predict the probability of operational challenges as well as where late cancellations or failure to show may occur," a spokesperson for the company said. "This allows for a tailored, proactive approach for mitigating these challenges and managing customer needs."It added: "When bookings fall within certain criteria, the bot confirms the shipments 10 times faster than manual confirmation - therefore freeing up more time for team members to focus on more intricate booking requests or unique customer needs."Self-service features of the implemented technology - such as online bookings for specialty products and increased capabilities for payment and check-out methods - will be available next year, according to London's Air Cargo News.Roger Samways, vice president of commercial at American Airlines Cargo, commented: "As we move through 2021, it will be increasingly important that we continue to modernise and adapt as an industry. The technology we're using allows us to be more agile to meet evolving customer needs and keep cargo moving around the world."Despite its challenges, 2020 paved the way for us to be more effective and I look forward to seeing how the industry evolves as a result."
According to the latest statistics from IATA, air cargo volumes in cargo tonne km terms were in January up by 1.1 per cent compared with 2019 levels and 6.1 per cent year on year.Meanwhile, capacity for the month was down by 19.5 per cent compared with 2019 and 19.3 per cent on last year.As a result, cargo load factors stood at 58.9 per cent, which is a 12 percentage point improvement on 2019 and 14.1 per cent increase on last year.IATA director general and chief executive Alexandre de Juniac said: "Air cargo traffic is back to pre-crisis levels and that is some much-needed good news for the global economy. But while there is a strong demand to ship goods, our ability is capped by the shortage of belly capacity normally provided by passenger aircraft."That should be a sign to governments that they need to share their plans for restart so that the industry has clarity in terms of how soon more capacity can be brought online."In normal times, a third of world trade by value moves by air. This high value commerce is vital to helping restore Covid damaged economies - not to mention the critical role air cargo is playing in distributing lifesaving vaccines that must continue for the foreseeable future."IATA said the return to cargo demand growth reflects economic indicators, pointing out that conditions in the manufacturing sector remain robust despite new Covid-19 outbreaks.It said inventories remain "relatively low" compared with sales figures and export order indicators suggest continued growth - although this metric was "less robust" than at the end of last year as the virus resurgence negatively impacted export business in emerging markets.All areas apart from Latin America recorded an improvement on last year, but performance was more mixed when comparing with 2019.Demand at Asia Pacific-based carriers was in January down by 6.8 per cent compared with 2019 but was up by 0.6 per cent on last year. Load factors of 66.5 per cent were the highest of any region.Carriers based in North America saw January demand increase 11.7 per cent on 2019 levels and by 15.8 per cent on a year ago.European carriers were down 0.4 per cent in demand terms in January compared with 2019 but registered an improvement of 4.7 per cent on the month in 2020.Airlines based in the Middle East region saw their cargo volumes in January increase by 6 per cent on 2019 levels and by 7.4 per cent compared with 2020.Carriers from African in January registered a 21.1 per cent increase on 2019 levels for the same month and a 15.3 per cent improvement on last year.
Military aircraft will grow at 2.6 per cent in the global air cargo container market over the study time period. Increasing expenditure on the military sector by governments in major countries will propel product demand in military aircraft.Although the industry is gaining substantial attention from airlines globally, the global air cargo industry revenue is projected to decline by approximately 8 per cent in 2020 owing to adverse impact of coronavirus pandemic.The air cargo volume shipment was estimated to drop by 12 per cent in 2020, from that of 61.3 million tonnes in 2019, hampering the overall sales of air cargo container in 2020, worldwide. These trends will restrict air cargo container market development in the projection timeframe, reports Globenewswire.com.However, the market recovery is expected in the first six months of 2021 with vaccination carried out across the major part of the world together with the reestablishment of the logistics industry.Refrigerated air cargo containers will accelerate at a significant rate in the study time period. The proliferation of pharmaceutical and frozen food shipments around the globe will increase the product penetration over upcoming years.The new sales segment will report huge growth in terms of revenue of the global air cargo container market through 2027. The increasing number of civil aircraft fleet along with the rising preference of air cargo shipments for faster delivery is the driving factor behind ULD container sales worldwide.The North America air cargo container market will reach a value of over US$450 million at the end of 2027. The region has a strong presence of number of airlines and strong demand for air cargo shipments.The report also shows that Asia Pacific will dominate the overall share of the ULD industry owing to the growing number of airlines, aircraft in use, and air cargo shipments across major parts of the region.
Under long-term charter to Shell North America LNG, Q-LNG 4000 performed its first ship-to-ship (STS) transfer in Jacksonville, Florida, refuelling dual-fuel, pure car truck carrier (PCTC) SIEM Aristotle on its maiden voyage between Emden, Germany and North America.For the voyage to the US, SIEM Aristotle bunkered some 800 tonnes of LNG and loaded 4,800 cars for North America. Under charter to the Volkswagen, the Liberia-flagged SIEM Aristotle and its sister SIEM Confucius are super-eco, LNG-powered PCTCs, equipped with 12,600-kW dual-fuel marine engines with direct injection and exhaust gas after treatment from MAN Energy Solutions. Each ship has two 1,800-cubic metre fuel tanks, allowing them to cover the entire distance with the fuel stored in Europe.
Robert Keen, director general of BIFA, which represents the UK international freight services, said members of the association welcomed the news that the freeze in fuel duty will remain. "However, they would have preferred to see an outright cut, the introduction of an essential user rebate and some form of fuel duty stabilisation mechanism."Commenting on the news that eight freeports would be introduced in East Midlands Airport, Felixstowe and Harwich, Humber, Liverpool City Region, Plymouth, Solent, Thames and Teesside, Mr Keen said: "To date, BIFA has been indifferent to this proposed development, and queries whether freeports will provide new advantages compared to the existing Customs Special Procedures, which from January 1, 2021, no longer need a guarantee to operate."He said the additional GPB126 million (US$176 million) announced for apprenticeships and the raising of the cash incentive for employers to GBP3,000 may help BIFA's campaign to encourage companies to consider recruiting youngsters and enrolling them on the International Freight Forwarding specialist apprenticeship, which BIFA helped to create in 2018."However, there was no mention of the issues facing the aviation sector in either the announcement of the roadmap out of recovery, nor the Budget. This is a concern because a recovery in the passenger sector with an increasing number of flights carrying belly hold cargo will be necessary to allow the air cargo sector to fully recover," Mr Keen said.
Established in 2011, the MACN has grown to include over 140 companies worldwide in order to take collective action to tackle all forms of corruption, enabling fair trade to benefit society as a whole.Frequent port calls in different countries, dealing with often underpaid and 'entrepreneurial' officials, create near-constant demands in some regions. "The large number of interactions with a wide variety of officials from customs, immigration, import-export licensing, product safety and standards, mean the opportunities for corruption are high" the club said in a statement.Chief Executive, UK P&I Club, Andrew Taylor, says: "The aims of the MACN align with the UK P&I Club's ongoing commitment to the highest standards of ethical behaviour and corporate citizenship. The UK P&I Club recognises the importance of collective action to tackle bribery and corruption."Cecilia Muller Torbrand, executive director, Maritime Anti-Corruption Network, says: "The UK P&I Club is a recognised leader in maritime insurance, and they bring expertise, experience, and vital networks to our collective effort in this vitally important part of the business. I'd like to thank Andrew and the team for joining us and for their commitment to fighting maritime corruption."
Speaking at JOC's virtual TPM21, Mr Berhravesh, says the quicker the US gets the Covid-19 pandemic under control with more people being vaccinated, the earlier the backup of containers and freight in US ports will diminish."The pandemic, especially rising infection rates, is directly correlated with port congestion," Mr Behravesh said. Simply put, the longer people feel constrained to stay at home, the longer they will continue to spend money on physical goods, sending more imports to US ports."By the second half of the year, we'll see significant easing of pressure on container traffic and ports, but I don't think we'll see a lot in the first half," Mr Behravesh said. "People aren't going to be that comfortable spending on services such as travel and entertainment."Mr Behravesh doesn't believe the US import surge seen in the second half of 2020 will repeat itself. "The [current] surge won't be sustained," he said. In general, global trade is not accelerating at the pace it did in the late 2000s, when it represented about 25 per cent of global GDP, he said.However, the US economy will rebound strongly from the recession this year, especially in the second half, with US real gross domestic product (GDP) rising 5.7 per cent in 2021. Mr Behravesh's outlook is for a gradual increase in spending on services by US consumers, reports IHS Media.That should reduce congestion at US ports and lead to a more normal year in 2022, he said. "Assuming we get half the population vaccinated by the fall, I think that's a big enough change that we'll start to see improvement. Early in the fourth quarter is what I'm looking for."But he warned that the coronavirus disease 2019 (Covid-19) remains the "starting point" for any conversation on economic growth. "The reality is the virus and its new mutations and the slow rollout of the vaccines are creating some downward risks in the near-term," he said.The US and China are faring much better than Europe and Japan, which face a second slip into recession as they travel through a sharper "W"-shaped recovery. "The US and China are doing okay in terms of economic activity, but Europe and Japan are not," Mr Behravesh said.
The logjam at the port has been attributed to "increase in activity", according to major port operator PSA International, adding that "like many other ports across the world, PSA Singapore has been experiencing a surge in vessel calls and container volumes in recent months."In a statement, the flagship terminal of PSA International said: "In response to the current disruptions in global supply chains, PSA in Singapore has been deploying additional resources and ramping up its capabilities to support the increased activity at the Singapore port, a key transshipment hub for major trade routes."It pointed out that the PSA Cargo Solutions Southeast Asia (PCSS) team has launched a series of value-added services to support cargo owners which includes Priority Discharge, Top Stowage, Express Delivery, Flexi-Alerts and Fast Connection Management for containers moving via Singapore.In addition, PCSS is working together with Global e-Trade Services (GeTS) to offer free access to CALISTA PING for a limited period, providing cargo owners with near-realtime visibility of key cargo event milestones via Singapore to facilitate better planning and management of cargo movements.Seow Hwee, head of cargo solutions, Southeast Asia for PSA said: "The global pandemic has resulted in industry disruptions affecting cargo owners and communities worldwide."Closer collaboration and increased cargo movement visibility will go a long way towards keeping supply chains flowing smoothly and safely. By leveraging our port facilities and supply chain capabilities, PSA will continue to engage and work with cargo owners to tailor bespoke solutions to meet their unique needs," Ms Seow added.
The vessel experienced a loss of engine propulsion while sailing 45 nautical miles off northern Japan in heavy seas on February 17. The loss of maneuverability resulted in severe rolling with 260 containers overboard and 65 containers damaged on deck at which point the ship turned around and made for Yokohama for repairs.Meanwhile, sister ship Maersk Essen is expected to berth at APM Terminals Pier 400 in Los Angeles in the next couple of days. The ship lost around 750 boxes overboard in a storm on January 16 in the middle of the Pacific.One ship still not ready to get back into service is the ONE Apus which lost more than 1,800 boxes on November 30. The ship turned back and made for Kobe where container discharging has proved tricky. Latest details suggest the magenta hulled ship will re-enter service on March 15, arriving at Long Beach by the end of the month, reports Singapore's Splash 247.
While Seaspan did not identify the two ships, the seller is said to be Idan Ofer's Eastern Pacific Shipping, who will have made a substantial profit from the sale of the pair which are on charter to French line CMA CGM, according to Singapore's Splash 247. The 2019-built vessels are worth in the region of US$142 million to $144 million according to VesselsValue data, which also shows Eastern Pacific paid around $99 million for the Hyundai Samho-built vessels. Commenting on the deal, chairman, president and CEO of Seaspan, Bing Chen said: "This transaction further demonstrates our consistent quality growth through our creative customer partnerships despite the market cycles. Seaspan's fleet composition is optimised with each new vessel, enabling us to provide our customers with more scale, efficiency, flexibility and reliability."The additions of these high-quality vessels also extend our long-term contracted revenue profile. Together with our recent large number of upcoming newbuilds, we continue to consistently drive quality growth while further differentiating our fully-integrated service offerings and resiliency of our business model."The report said Seaspan expects to finance the vessels from additional borrowings as well as cash on hand, and delivery is scheduled for late in the second quarter.Seaspan's global fleet consists of 127 vessels with total capacity of around 1,073,000 TEU. Since December 2020 Seaspan has announced the addition of 17 newbuild vessels made up of five 12,200 TEU, two 24,000 TEU and ten 15,000 TEU dual-fuel LNG vessels which will add 289,000 TEU extra capacity to the company's fleet.