Friday, November 10, 2017

The Handy Shipping Guide Worldwide Weekly Freight and Logistics Round Up

Industry Snippets from Around the Globe in the Past Few Days
Shipping News Feature
UK – The Sailors' Society has announced the dates for the charity's second Wellness at Sea Conference (WASC). The conference, which aims to address crew wellness and how this impacts on the health of the ship - and ultimately the health of the ship owner's balance sheet – will be held in London on March 16, 2018. Stuart Rivers, Sailors’ Society’s CEO, said:

“Countless investigations into disasters at sea, including the recent El Faro tragedy, have proven that anxiety and fatigue can take a terrible toll on the decision-making abilities of crew. We’re heartened to see so many industry leaders collaborating with us on our Wellness work and are expecting a high turnout from forward-thinking companies at next year’s conference.”

Speakers include Euronav CEO Paddy Rodgers, UK P&I Club’s Stuart Edmonston, Inmarsat’s Drew Brandy and Dr Rafael Lefkowitz of Yale University.

FRANCE – Shipping line CMA CGM has announced its decision to equip its 9 future ships of 22,000 TEUs, delivered in 2020, with engines using liquefied natural gas. CMA CGM states that they will be the first shipping company in the world to equip giant containerships with this type of motorisation, thus pursuing its firm commitment to the protection of the environment and to ocean conservation.

The use of LNG is a real technological breakthrough that will yield significant benefits compared to heavy fuel oil, creating up to 25% less CO2, 99% less sulphur emissions, 99% less fine particles and 85% less nitrogen oxides emissions.

The decision means these vessels will go beyond current and future regulations that limit the sulphur cap to 0.5% in 2020. The Group is also fully in line with the Paris Agreement and the ongoing discussions at the international level. Rodolphe Saadé, CMA CGM Group CEO, stated:

“We have made the bold decision to equip our future 22,000 TEUs vessels with a technology firmly focused on the protection of the environment. By choosing LNG, CMA CGM confirms its ambition to be a leading force in the industry in environmental protection by being a pioneer in innovative and eco-responsible technologies.”

CROATIA – Growing wood exports in Croatia have caused Adriatic Gate Container Terminal (AGCT), a gateway terminal of Philippines-based International Container Terminal Services, Inc. (ICTSI), to partner with Cedar Ltd. and AGIT to facilitate the export of beech wood products from Cedar’s production facility in Vrbovsko.

Cedar, a leading manufacturer and supplier of beech wood products, recently inaugurated an intermodal facility directly linking AGCT via rail. Freight solutions provider AGIT of HZ Cargo Group transports the bulk of Cedar’s wood exports. From the Rijeka port, the products are exported to North Africa, Middle East, India and the Far East region via sea. Wojciech Szymulewich, AGCT CEO, commented:

“The collaboration of Cedar, AGIT, and AGCT is a perfect example of how intermodal solutions are supporting the success of large scale production projects. We are very pleased that with increased share of intermodal transport at the Port of Rijeka, road traffic is reduced while more efficient and environmental friendly transport by railway and sea is increased.”

US – American Airlines has launched a new daily service between Los Angeles and Beijing, providing forwarders more opportunities to further connect cargo traffic between Asia and the Americas. The inaugural outbound flight left Los Angeles on Nov 5, with the first return from Beijing the following calendar day. Rick Elieson, American Airlines Cargo President, said:

"We are eagerly looking forward to this start of service on this new route which complements our existing Beijing services from Dallas/Fort Worth and Chicago to China."

"I am confident that freight forwarders and shippers in China will welcome the chance not only to send their goods on American's service to the US but we are also giving them the ability to open up new markets through onward connections with our vast Latin America network where there are many opportunities for Chinese exports."

This route is the sixth addition to American’s daily offering to China, which now includes nonstop service to Beijing and Shanghai from three key US hubs – Chicago, Dallas/Fort Worth and Los Angeles.

EGYPT – Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, signed a partnership agreement to develop an integrated industrial and residential zone at Sokhna in Egypt, in the presence of Sherif Ismail, the Prime Minister of Egypt.

The signing took place at a ceremony in Sharm el-Sheikh at the World Youth Forum. The agreement will establish a joint venture between SCZone (51%) and DP World (49%) with DP World managing the zone, which is projected to start in the first quarter of 2018. Bin Sulayem, said:

“This partnership demonstrates the commitment of DP World to support the growth of Egypt’s economy and reflects the trust we place in the determination of the government to make the project a success. The development of the zone will support the sustainable growth of the country and help it attract more business investment. It will also help transform the Suez Canal into a major trade and business hub in the region, given its strategic location and role as an artery for global trade.”