Loadstar posts

eeSea reveals a more in-depth probe into liner schedule reliability

Copenhagen-based eeSea has developed a platform designed to accurately gauge the on-time performance of liner services, as well as the standard of dispatch vessels receive at their ports of call.
Launching its first Schedule Reliability Report, covering 2019, the maritime and supply chain intelligence company said it was focused on “visibility and predictive analysis for the global container shipping industry”.
Based on over 400,000 data points, supported by the automatic identification system …

https://theloadstar.com/eesea-reveals-a-more-in-depth-probe-into-liner-schedule-reliability/

Supply chain radar: Here’s why OOCL’s growth rate sends a mixed signal to all box liners

The devil is not in the detail with OOCL, the container line arm under the Orient Overseas International Lines umbrella ultimately controlled by Cosco Shipping. As usual at this stage of “disclosure”, none has been made – so, to unearth any meaningful information was virtually mission impossible.
But some headline numbers had the dwindling bulls banging on with much fanfare about best-case scenarios for all the others. Is that desperation we …

The post Supply chain radar: Here’s why OOCL’s...

https://theloadstar.com/supply-chain-radar-heres-why-oocls-growth-rate-sends-a-mixed-signal-to-all-box-liners/

Seko Logistics promotes Brian Bourke to new role of chief growth officer

Seko Logistics has promoted vice president of marketing Brian Bourke to the new post of chief growth officer.
Mr Bourke will be responsible for the acceleration of Seko’s organic growth and driving demand-generation, revenue management and corporate marketing and communications initiatives.
In his new role, based at the company’s corporate headquarters in Chicago, Mr Bourke will work closely with Terry Unrein, chief commercial officer, and David Emerson, VP sales & marketing …

The post Seko...

https://theloadstar.com/seko-logistics-promotes-brian-bourke-to-new-role-of-chief-growth-officer/

Bellwether OOCL’s final-quarter results bode well, despite tariff-hit transpacific

OOCL has released it 2019 fourth-quarter operational results, showing volume gains on all its trades except the transpacific, which took a hit from the tariff-related downturn.
Moreover, OOCL’s traditional pre-cursor to the quarterly financial results season would appear to bode well for the earnings of its peers, to be published in the coming weeks.
Across its four regions, the Cosco subsidiary’s liftings were up by an above-par 4.8% on the same quarter …

The post Bellwether OOCL’s...

https://theloadstar.com/bellwether-oocls-final-quarter-results-bode-well-despite-tariff-hit-transpacific/

Bangladesh shippers hard hit by low-sulphur bunker fuel surcharges

Shippers in Bangladesh sending a 40ft container from Chittagong to the deepsea transhipment hubs of Colombo and Singapore must pay a $100 per  box bunker adjustment factor (BAF) low-sulphur surcharge.
“Some operators have been collecting the surcharge since December and some in January to adjust the fuel oil price hike,” said Iqbal Hassan, general manager of local ship agency and customs brokerage QC Shipping.
He added that from Chittagong to Europe and the …

The post Bangladesh shippers hard...

https://theloadstar.com/bangladesh-shippers-hard-hit-by-low-sulphur-bunker-fuel-surcharges/

Box manufacturers issue profit warnings as soft demand forces prices down

Prices of new containers dropped dramatically last year, forcing major box manufacturers to issue recent profit warnings to investors.
In separate announcements to the Hong Kong Stock Exchange, the two largest manufacturers, China International Marine Containers (CIMC) and Singamas, warned investors that low demand for new boxes, combined with oversupply of equipment, had forced then to reassess their financial performance for the past year.
Singamas now expects a US$95m loss for 2019, …

The...

https://theloadstar.com/box-manufacturers-issue-profit-warnings-as-soft-demand-forces-prices-down/

Market Insight Q&A: Steve Walker – ‘Can we trust carriers’ blockchain promises?’

I have had the pleasure of talking to veteran freight forwarder Steve Walker (pictured above), trying to catch up from where we left it last summer on the hot topic of data treatment, ownership and disclosure for the main supply chain players, with a particular focus on the conflict between the air and ocean freight forwarders and the carriers.
Some six months on, here is an excerpt of a few key …

The post Market Insight Q&A: Steve Walker – ‘Can we trust carriers’ blockchain promises?’ appeared...

https://theloadstar.com/market-insight-qa-steve-walker-can-we-trust-carriers-blockchain-promises/

On the wires: Seaspan & Costamare – shifting trades

“With the acquisition of the six high-quality containerships and approaching 1 million teu, Seaspan has continued executing on its growth strategy through disciplined capital allocation. Leveraging our strong balance sheet and trusted customer partnerships, we are well positioned to grow our market leading position to capture the increasingly attractive opportunities in the containership sector.” – Seaspan (SSW) president and CEO Bing Chen, 24 January 2020. 
After a couple of rather solid...

https://theloadstar.com/jo-1-of-2-la-time-mon-ssw/

Hamburg denies it will lose volumes in shipping alliance network shifts

The German container gateway of Hamburg won’t see a drop in throughput after the shipping alliance network reshuffles scheduled for 1 April, it was claimed today.
While the recently published east-west schedule for the Ocean Alliance was largely unchanged, a Hamburg call on its Asia-North Europe NEU5/FAL3 service will be swtched to Antwerp, raising fears that the German hub could lose up to 150,000 teu per year.
However, Axel Mattern, joint chief …

The post Hamburg denies it will lose volumes in...

https://theloadstar.com/hamburg-denies-it-will-lose-volumes-in-shipping-alliance-network-shifts/

CH Robinson will give birth to new tech in its ‘innovation incubator’

CH Robinson has begun to spend its $1bn tech investment, with the launch of an innovation incubator, CH Robinson Labs.
With teams in Minneapolis, Chicago, Silicon Valley and Warsaw, Poland, it will create, test and scale “the next big ideas in logistics” for its customers and carriers.
Data scientists and logistics experts will work with customers and carriers to create “personalised solutions for shippers’ challenges … built by, and for, supply chain …

The post CH Robinson will give birth to...

https://theloadstar.com/ch-robinson-will-give-birth-to-new-tech-in-its-innovation-incubator/

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