Hay un viejo dicho marítimo griego que dice: “Noventa y ocho petroleros y 101 cargas, boom. Noventa y ocho cargas y 101 petroleros, quiebra”. Esto no se traduce tan bien en el transporte marítimo de contenedores de hoy en día, porque el sector consolidado de las líneas regulares gestiona el número de buques en servicio mucho mejor que el fragmentado negocio de los petroleros.
Las tarifas al contado de los petroleros pueden caer violentamente cuando la oferta supera la demanda. Uno de los...
There’s an old Greek shipping saying that goes: “Ninety-eight tankers and 101 cargoes, boom. Ninety-eight cargoes and 101 tankers, bust.” This doesn’t translate so well into modern-day container shipping because the consolidated liner sector manages the number of ships in service a lot better than the fragmented tanker business.
Tanker spot rates can plunge violently lower when supply exceeds demand. One of the big questions for container shipping has been: Will spot rates plunge precipitously...
Second-quarter earnings for Kuehne + Nagel, the world’s second-largest logistics provider, underscore how supply chain disruptions that hurt the bottom line of goods’ owners can drive profits as customers seek extra help navigating shipping complexity and uncertainty.
Elevated yields continue to exceed exceptionally high freight transportation and warehousing costs, pushing up revenue 45% to 10.4 billion Swiss francs ($10.9 billion) and operating profit 78% to $1.1 billion versus the 2021 June...
https://www.freightwaves.com/news/kuehne-nagel-q2-profits-rise-78-on-lower-shipping-volumes
A federal judge has ruled a $1.7 million shipping dispute between Kuehne + Nagel, the world’s largest air freight logistics provider, and oil field services giant Baker Hughes must be arbitrated, saying that the contract’s arbitration clause is enforceable under New York law.
Houston-based Baker Hughes sued for compensation after one of its shipments was seized by Brazilian customs authorities because the airline providing the physical transportation failed to provide proof of a pre departure...
https://www.freightwaves.com/news/judge-rules-kuehne-nagels-17m-air-cargo-dispute-must-be-arbitrated
The year is almost a third over, and with each passing month, shipping lines look increasingly likely to pocket even more cash in 2022 than in record-trouncing 2021.
New data and commentary released Tuesday by ocean carrier Maersk, freight forwarder Kuehne+Nagel and consultancy Drewry highlight just how profitable this year is shaping up to be for ocean carriers — and how expensive it’s looking for importers.
Drewry’s baseline forecast now calls for ocean carriers as a group to earn $300...
The latest disruption indicators show no matter how targeted a “zero-COVID” measure is in China, there are impacts to the flow of trade. The latest disruption indicator from Kuehne + Nagel dismisses the downplaying bluster and the claims that the Yantian port was “operating normally.”
Port productivity hinges more on vessels. Otto Schacht, EVP of sea logistics at Kuehne + Nagel, tells American Shipper the disruption he posted on his LinkedIn post “is the effect of the partial lockdown in...
https://www.freightwaves.com/news/viewpoint-keep-an-eye-on-shanghai
The German transport and logistics group Kuehne+Nagel Group will offer emergency aid in Ukraine, in the form of free logistics services to aid organisations for the transport and temporary storage of relief goods to Ukraine, as well as Poland, Slovakia, Hungary and Romania, until summer 2022.
This action, which is estimated to amount to US$10.7 million, is being coordinated by the group’s existing ‘Emergency and Relief Expert Centre’ in Copenhagen.
For this purpose, Kuehne+Nagel has announced...
https://container-news.com/kuehnenagel-to-provide-transport-and-storage-aid-in-ukraine/
Consumers of diesel fuel got a rare respite, at least in the commodity markets, when the price of ultra low sulfur diesel (ULSD) rose only slightly Thursday.
After three days in which the price of ULSD on the CME commodity exchange rose more than 64 cents a gallon, ULSD Thursday rose just 0.87 cents to $3.5034 a gallon. It had been as high as more than $3.84 per gallon earlier in the day.
The general consensus in the market is that prices pulled back because of growing signs that negotiators in...
Kuehne + Nagel, the world’s largest air and sea freight forwarder by volume, was richly rewarded last year by supply chain disruptions, elevated rates and its ability to steer customer shipments through the chaos, culminating with a 300% fourth-quarter rise in operating income to $1.2 billion.
The company also announced Wednesday that it has suspended all import shipments into Russia, except for pharmaceuticals, health care and humanitarian supplies.
On a full-year basis, earnings before interest...
https://www.freightwaves.com/news/kuehne-nagel-2021-earnings-swell-on-50-air-ocean-margins
Aker Clean Hydrogen, a Norwegian integrated clean hydrogen, ammonia and methanol producer, and Kuehne+Nagel, a Switzerland-based sea logistics provider, are joining forces to decarbonize the maritime…
https://www.offshore-energy.biz/aker-clean-hydrogen-kuehnenagel-team-up-on-green-container-shipping/