Samskip is restructuring the multi-purpose cargo and reefer services connecting North Sea and Baltic ports to Norway operated by subsidiary Nor Lines, in a move that adds capacity, frequency and new port options to the logistics mix.
The post Samskip upgrades Nor Lines shortsea service network...
On September 28th, HMM signed a formal contract for its twenty eco-friendly mega containerships with three shipyards – Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).
The post HMM signed a formal contract for 20 mega container ships
https://theloadstar.co.uk/hmm-signed-formal-contract-20-mega-container-ships/
The first Maersk containership to complete the Polar sea passage from Asia to Europe via the North Pole – the so-called Northern Sea Route – arrived in St Petersburg this morning.
The Venta Maersk, a 3,596 teu ice-class vessel designed to operate the company’s Baltic feeder services, departed Russia’s Pacific port of Vladivostok on 22 August.
It called at Russia’s other main Pacific box port of Vostochny and the South Korean hub …
The post Venta Maersk completes first Northern Sea Route passage...
https://theloadstar.co.uk/venta-maersk-completes-first-northern-sea-route-passage/
In a year and half, the deepsea alliance structure could find itself on the wrong side of European competition legislation.
Yesterday, the European Commission reopened its investigation into the block exemption that currently applies to container shipping, and which allows them to operate alliances on trades that serve the EU.
Brought into law in 2010 – following the EU’s decision to outlaw the old conference system that allowed shipping lines to jointly set freight rates – the …
The post A...
https://theloadstar.co.uk/marketshare-conundrum-liners-expiry-ec-block-exemption-nears/
North European shippers are scrambling to book space on October sailings to Asia ahead of a new capacity crunch.
The decision by ocean carriers to void 11 voyages from Asia to North Europe nest month to halt the slide in container spot rates will result in a similar number of cancelled backhaul sailings in November and December.
One UK forwarder told The Loadstar today he was encouraging his customers to bring forward as …
The post Rush for space on Asia-Europe as box carriers spark new capacity...
https://theloadstar.co.uk/rush-space-asia-europe-box-carriers-spark-new-capacity-crunch/
Cheap labour has delayed the digitisation of Indian logistics, but forwarders are beginning to recognise the benefits of automation and its global opportunities.
At this week’s Fiata World Congress in Delhi, chief executive of Freight Systems David Philips said the country had made “tremendous” efforts in recent years, but more was needed.
“These tremendous efforts are showing obvious results, just look at India’s World Bank rating – it has never been higher,” he said.
“There …
The post Cheap...
https://theloadstar.co.uk/cheap-labour-still-diverting-indian-logistics-players-new-technology/
The UK’s two biggest container ports appear to have hit crisis level.
UK retailers potentially face weeks of delays in getting their Christmas stock onto the shelves in time for the peak consumer spending rush.
Moreover, UK exporters to Asia can virtually forget about getting containers shipped in October, due to carriers blanking a huge 11 eastbound voyages in the month.
And many of the sailings that survive will be ‘cut & run’, without loading, due …
The post Felixstowe box congestion spreads...
https://theloadstar.co.uk/felixstowe-box-congestion-spreads-southampton-just-time-xmas-rush/
THE and the Ocean alliances have confirmed plans to merge a Mediterranean-US east coast service in December.
Subject to regulatory approval, the new service will see THE Alliance’s AL6 join with the Amerigo service operated by CMA CGM, Cosco and OOCL – Ocean Alliance member Evergreen is not part of the service and is not expected play a part in the new string.
The service will deploy six 8,000 teu vessels – three from …
The post THE and Ocean alliances team up for Mediterranean-US east coast...
https://theloadstar.co.uk/ocean-alliances-team-mediterranean-us-east-coast-service/
Germany-headquartered 3PL Dachser has bolstered its Asia network with the establishment of a new Far East South cluster and a parallel structure for the Indian subcontinent.
It has promoted Kevin Chen (pictured above) as managing director of Air & Sea Logistics Far East South, who will be responsible for 477 employees and eight locations across Hong Kong, Taiwan and South China.
Mr Chen was formerly managing director of Air & Sea Logistics …
The post Dachser makes changes at the top as it...
https://theloadstar.co.uk/dachser-makes-changes-top-strengthens-asia-network/
As crude oil races towards $100 a barrel, the European Shippers’ Council has called for “a market approach” dialogue on shipping line bunker surcharge mechanisms ahead of the IMO 2020 sulphur cap.
Brent crude hit a four-year high yesterday, at $82 per barrel, pushing up the price of IFO 380 heavy fuel oil (HFO) above $450 per ton.
The current cost of low-sulphur fuel oil (LSFO) – compliant with the new regulations – is …
The post Shippers want ‘a market approach’ dialogue on shipping line bunker...
https://theloadstar.co.uk/shippers-want-market-approach-dialogue-shipping-line-bunker-surcharges/