Sea

Shippers are being ‘left in the dark’ as carriers look to recover IMO 2020 costs

There has been insufficient mainstream publicity on the IMO’s 2020 global emissions regulation for shipping, and a lack of transparency by container lines on their recovery strategies.
These are the worrying conclusions of a review by maritime consultant Alphaliner and a shipper survey by Drewry Supply Chain Advisors.
It has been estimated that the cost of compliance with the IMO’s 0.5% sulphur cap on fuel from 1 January 2020 could be a $15bn annual …

The post Shippers are being ‘left in the...

https://theloadstar.co.uk/shippers-left-dark-carriers-look-recover-imo-2020-costs/

Want to be a digital forwarder? Join the unstoppable BPN Logistics Network

BPN’s cloud application Buytasker™ allows freight forwarders to access multiple logistics networks on one platform, further expanding their worldwide partner reach and also receiving work from the global Buytasker customer network, to gain new business and customers.
UK start-up Buytasker LTD launched its new logistics network, named BPN, earlier this year with 10+ world leading logistics networks already quick to adopt the initiative. Buying Project Network (BPN) has formed a council …

The post

https://theloadstar.co.uk/new-bpn-logistics-network-unstoppable/

Shareholder PSP buys majority stake in Forth Ports from Arcus European

Forth Ports, owner and operator of eight UK ports including Tilbury and Grangemouth, is under new ownership.
Arcus European Infrastructure Fund has sold its shares to the Public Sector Pension Investment Board (PSP).
While it is unlikely to change operations at the ports, Charles Hammond, group chief executive for Forth Ports, said: “PSP is already a long-term, committed shareholder and this new investment ensures continuity for the business as we evolve to meet …

The post Shareholder PSP buys...

https://theloadstar.co.uk/shareholder-psp-buys-majority-stake-forth-ports-arcus-european/

Jan Skovgaard is new chief operating officer at Ligentia

Ligentia Group hopes to bolster its Asian business with the appointment of Jan Skovgaard as its chief operating officer. Based in Hong Kong, Mr Skovgaard will also join the board.
Mr Skovgaard joins from Rohlig, where he has worked since 2001, most recently as CEO Asia Pacific, and formerly managing director.
Nick Jones, Ligentia Group CEO said: “Jan is a great fit for the Ligentia vision, one which sees us increasing our …

The post Jan Skovgaard is new chief operating officer at Ligentia...

https://theloadstar.co.uk/jan-skovgaard-new-chief-operating-officer-ligentia/

Ripples from congestion at UK box hubs now reaching north Europe ports

More ultra-large container vessels (ULCVs) are likely to be diverted from UK ports as Felixstowe and Southampton struggle to cope with the annual peak season surge, impacting the working programmes at other North European container hubs.
One carrier source that services both ports told The Loadstar all its UK calls would be “under the microscope” this month, due to the worsening quay and landside congestion.
“We can’t afford to have our ships sitting at anchor for …

The post Ripples from...

https://theloadstar.co.uk/ripples-congestion-uk-box-hubs-now-reaching-north-europe-ports/

Analysis: supply chain players go head to head in a fight for pricing power

One of the thorniest questions I have been struggling with lately is the priority of the main actors in the supply chain arena: is it now a fight for power or a race for cash, let alone higher profitability?
Ultimately, I can’t help but come to the conclusion that it is all about shareholder returns, particularly for the freight forwarders. Pleasing investors is more pressing than dealing with their customers’ needs – although they …

The post Analysis: supply chain players go head to head in a...

https://theloadstar.co.uk/analysis-supply-chain-players-go-head-head-fight-pricing-power/

Blockchain set back, as cryptocurrency failures deter confused freight industry

Fear of cryptocurrencies and confusion over what blockchain really is are two key reasons holding the freight industry back from embracing the technology.
Blockchain infrastructure can make transactions more secure, faster and simpler. But its link to cryptocurrencies, which is what it was originally developed for, has been a setback, as businesses confuse the recent failures of cryptocurrencies with blockchain.
“People still don’t know the difference between blockchain and cryptocurrency,”...

https://theloadstar.co.uk/blockchain-set-back-cryptocurrency-failures-deter-confused-freight-industry/

Crane Worldwide Logistics appoints CEVA’s Marco Nazzari to head EMEIA

Crane Worldwide Logistics has appointed Marco Nazzari as regional vice president for EMEIA.
Reporting to the president and CEO, John Magee, Mr Nazzari will oversee the growth and development of Crane in the region from the forwarder’s offices in Italy.
Crane said it has “aggressive growth plans for the remainder of 2018” of which Mr Nazzari will be a “critical leader”.
Mr Nazzari was most recently global head of freight management sales for …

The post Crane Worldwide Logistics appoints CEVA’s...

https://theloadstar.co.uk/crane-worldwide-logistics-appoints-cevas-marco-nazzari-head-emeia/

Trump’s trade war told through the story of a leather belt

Here’s a fascinating in-depth look from Bloomberg at how one supply chain is set to be affected by the accelerating tit-for-tat tariff war between the US and China. The manufacturing of leather belts is no one-way street: leather hides are a by-product of the US’s enormous beef industry, and China buys around half of all US production; where it is processed and some of which it then makes into belts …

The post Trump’s trade war told through the story of a leather belt appeared first on The...

https://theloadstar.co.uk/trumps-trade-war-told-story-leather-belt/

Beleaguered UK importers prepared for further delays as more vessels divert from Southampton and Felixstowe

Chronic congestion at the UK’s two largest container ports is forcing ocean carrier planners to make further last-minute ship diversions, causing chaos to the country’s supply chain.
Landside congestion at Felixstowe and Southampton has added to the woes of the UK haulage industry, which is already suffering from an acute shortage of HGV drivers.
Even before the botched implementation of a new terminal operating system at Felixstowe in June, which was the …

The post Beleaguered UK importers...

https://theloadstar.co.uk/beleaguered-us-importers-prepared-delays-vessels-divert-southampton-felixstowe/

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