Friday, May 15, 2020

Warning to Logistics Groups of PPE Theft Starts Weekly Look at Freight and Shipping News

As Thieves Rob NHS Workers of Protection Some Smaller Items You Might Have Overlooked
Shipping News Feature

UK – Specialist logistics insurer Peter Lole is urging clients moving or storing PPE equipment to reassess their current security arrangements after 80,000 face masks were stolen from a warehouse in Manchester. The high quality respirator masks were stolen after thieves cut a hole in the steel warehouse shutters which avoided triggering the security alarm system.

The thieves stole about 320 boxes of PPE, all destined for use by the NHS, sometime on the night of Wednesday May 6th according to reports by the BBC. Hazel Downes, Freight and Marine Manager of Peter Lole Insurance Brokers, said:

"Clearly PPE is now much more theft attractive, so if you are moving or storing PPE you need to assess the higher risk involved, review security measures in place and transport routes being used. We know many of our clients working in logistics and freight forwarding are helping our country source this vital equipment and we urge them to be extra vigilant."

UK- WORLDWIDE – The Baltic Exchange has added quarterly assessments (GOPEX) on the cost of operating LNG and LPG tankers to its growing suite of shipping investor tools. The Baltic Exchange's latest offering follows benchmarking that also covers vessel earnings. All values are expressed in US$ per day and the published OPEX value is the sum of crew, technical, insurance and fees. Drydock costs do not contribute to the OPEX, but are published for both LNG and LPG vessels. Baltic Exchange Chief Executive Mark Jackson said:

"Adding OPEX indices for gas carriers brings transparency to the marketplace about how much it costs to run an LNG or LPG carrier and complements our data for the spot earnings of these vessels. They assist investors assess health of earnings using independent and reliable information from a credible provider of benchmarks for the shipping industry.”

SRI LANKA – Kerry Logistics and IAS Holdings (Pvt) have announced a new joint venture, Kerry Logistics Lanka (Pvt) Ltd to offer a full suite of shipping and customs services across the country. Headquartered in Colombo, Kerry Lanka also operates a bonded facility and office for export purposes at the Bandaranaike International Airport.

BANGLADESH – International freight and logistics group GAC has signed a Global Network Agent (GNA) agreement with Dhaka-based Uni-Global Business thereby expanding its coverage in the Indian Subcontinent. The company says Bangladesh’s location at the head of the Bay of Bengal makes it attractive to international shippers and the alliance, operated as GAC-UniGlobal, will provide a wide range of ship agency services to vessels calling at all Bangladesh ports.

Bangladesh has 9,000km² of territorial waters and a 710km long coastline. Whilst the Port of Chattogram is its leading seaport, handling about 90% of the country’s trade cargoes, the government is taking steps to develop Mongla port by increasing its container handling capacity. UniGlobal Managing Director A.K.M. Shahidul Islam says having his company’s branch offices at these two major commercial ports means it is well placed to take advantage of increasing trade activities.

SWEDEN – The Board of Directors of AB Volvo, with its AGM due on 18 June, has decided to withdraw the proposal to the Annual General Meeting for an ordinary dividend of SEK 5.50 per share as a precautionary measure and instead proposes that no dividend for 2019 will be paid. The Volvo Group says it has a strong financial position. However, there is a general uncertainty created by Covid-19 and the effects on the Volvo Group from the measures taken in various countries to slow down the spread of the virus.

SWEDEN – WORLDWIDE – Cable and pipe transit specialist Roxtec has introduced the new GK Firestop sealing kit. It makes it quick and easy to ensure certified fire protection above the waterline on rigs, platforms, ships and vessels. The kit combines different lightweight and halogen-free fire prevention materials, such as sealing strips and a cold smoke resistant fiberglass bag with integrated intumescent material.

The intumescent material expands to close the void in case of fire or a rise in temperature to over 150°C. The sealing kit has an A-class marine fire rating and is both RoHs and REACH compliant. It is certified for use with any type of bolted or welded sleeve and any marine grade fire sealant.

GERMANY – Imperial Logistics has sold its 90% holding in Multinaut Donaulogistik Gesellschaft m.b.H. to Peter Jedlicka, Multinaut’s Managing Director. Jedlicka sold the stake to Imperial in 2008, retaining 10% of its shares; he is now again the sole owner of the business. Multinaut is an operator of inland waterways shipping services on the Rhine-Main-Danube system, with a fleet of 25 vessels ranging from 750 to 2900 tonnes capacity, and bases in Vienna and Regensburg.

Multinaut also offers project logistics and other services but Imperial CEO Hakan Bicil said inland waterways shipping does not fit into Imperial’s future development strategy which focuses on growing existing logistics activities and expanding its international freight management footprint, particularly in African markets.

Photo: Trafalgar Business Park where three criminals stole PPE destined for NHS workers protection.