TPM Asia 2019

Decarbonisation and greener fuel now looming large on shipping’s radar

Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by the Global Maritime Forum.
The Global Maritime Issues Monitor 2019, which surveyed respondents from 46 countries, ranked only the “global economic crisis” ahead of “decarbonisation of shipping” as the issue to have the greatest impact on the industry over the next decade.
“And the pending 2020 IMO low-sulphur regulation appears to be on …

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Ports need to be sharing technology and data for smoother operations

Port authorities need to “step up” and work together to improve data sharing for the benefit of the whole container supply chain, delegates at the TPM Asia conference in Shenzhen were told.
Following the launch of Rotterdam’s vessel call optimisation tool, Pronto, the port soon realised the technology’s impact would be limited if used in isolation.
“A year ago we thought we should use Pronto for our direct advantage and our competitors …

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Trade war has accelerated the ‘internationalisation’ of Chinese companies

The latest trade war truce at the weekend is unlikely to reverse shipping lines’ increased coverage of South-east Asia or the trend towards trade regionalisation.
According to Alan Murphy, chief executive of Sea-Intelligence, the number of transpacific services calling at ports in South-east Asia and sailing directly to North America has increased by 28% since January.
“Traditionally, carriers have been very slow adapting to market changes,” he told the TPM Asia conference …

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Good news and cautious news for liners in the run-up to IMO 2020

Fresh concerns have been raised over the liner industry’s ability to recoup the increased fuel costs from IMO 2020.
McKinsey partner Steve Saxon said there was “some good and some cautious news” for carriers in the run up to 1 January, when the new low-sulphur fuel regulation kicks in.
“The good news is there will be sufficient supply of low-sulphur fuel oil (LSFO),” he told delegates at the TPM Asia conference in …

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Cosco chief slams rivals’ plans to be ‘end-to-end’ supply chain providers

China Cosco Shipping executive vice president Wang Haimin has rubbished the idea that carriers can be sole service providers of end-to-end container supply chains.
Mr Wang (pictured) drew comparison between competitors Maersk and CMA CGM’s push to become fully integrated container logistics providers and, at the other end of the spectrum, MSC and Hapag-Lloyd’s apparent focus on pure port-to-port shipping.
“Cosco is somewhere in the middle,” he told delegates at the TPM …

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