Maersk Supports Non-Compliant Fuel Ban from 2020

Danish shipping giant Maersk Line has welcomed a very strong signal from the NGOs and industry which called for an explicit ban on non-compliant fuel on board ships from 2020.

“I am very pleased to see this unprecedented and very strong signal from all sides, industry and NGOs, to support a global ban on high-sulphur fuels,” Søren Toft, CEO of Maersk Line, said.

“A ban is the best way to secure simple and robust enforcement. Only this will secure a level playing field and ultimately the health and environment objectives of the IMO Sulphur rules,” Toft added.

The global sulphur cap adopted by UN’s International Maritime Organization enters into force on January 1, 2020. The regulation will limit sulphur emissions from ships from 3.5 percent to 0.5 percent.

However, without robust and effective enforcement the regulation will put the global level playing field at risk, according to Danish Shipping.

Leading environmental organizations and the international shipping industry have joined forces and unitedly call for IMO Member States to support the proposal to ban non-compliant fuel on board unless the ship has a scrubber installation.

Two proposals on such a ban have been tabled by Norway and Cook Islands, as well a united international shipping industry. The proposals will be discussed at the upcoming Pollution, Prevention and Response (PPR) meeting at IMO in the beginning of February.

The ban on heavy fuel oil (HFO) from Arctic shipping has harnessed the power and influence of 65 companies, organisations, politicians and explorers, since its launch at the Arctic Frontiers conference in Tromsø in January 2017 by the Clean Arctic Alliance.

Hapag-Lloyd CEO: 9 of 20 Major Shipping Firms Will Disappear by End of 2018

The CEO of Hapag-Lloyd, the world’s fifth-largest container shipping company, expects consolidation in the sector to continue this year, further reducing the number of largest shipping firms as they merge their businesses.

Talking to the reporters in Hamburg on Wednesday, Rolf Habben Jansen said that the consolidation drive will result in nine of the former 20 largest shipping companies from five years ago to disappear by the end of 2018, Reuters reports.

Hapag-Lloyd, fresh from completing the integration of its business with UAE-based liner shipping company United Arab Shipping Company (UASC), expects to reap a major portion of the gains from the deal this year.

According to Jansen, the company could achieve 85 to 90 percent of targeted annual synergies of USD 435 million this year and 100 percent from 2019.

Furthermore, the company expects its full-year earnings for 2017 to be higher than previously announced.

2018 seems to be on the right track, with charter rates on the rise and lower size of the idle fleet. However, further pressure is expected from containership deliveries set to join the global fleet this year.

The total boxship capacity set for delivery in 2018 is expected to reach 1.5 million TEU in 2018, according to the figures from Alphaliner. More than half of these deliveries will be made up of ULCVs ranging from 14,000 to 21,000 TEU.

Hence, Hapag-Lloyd’s CEO anticipates transport demand growth to reach 4.5 percent in 2018 and more than 4 percent in 2019.

Since integration with UASC provided Hapag-Lloyd with modern tonnage influx, the company has no need of ordering newbuilds and can dedicate its focus on bolstering its financial structure and cutting debt.

In October 2017, the German liner company raised USD 414 million in gross proceeds from its capital increase scheme, which was agreed upon as part of the merger with UASC.

Hapag-Lloyd said it would use the proceeds primarily to pay back its debts as well as for general corporate purposes.

World Maritime News Staff

 

Emirates carried 2.5m tonnes of cargo in 2017

Emirates SkyCargo carried 2.5m tonnes of freight in 2017 and recorded a 38% surge in pharmaceutical volumes.

The cargo statistics for the calendar year 2017 were contained in an end of year review by the Dubai-based carrier.

No comparable volume figures were given for 2016 in the statement, but statistics published in July this year by the annual World Air Transport Statistics report from IATA cited a scheduled freight tonnes total of just over 2.5m for Emirates, a 3.4% rise over 2015. 

The latest update from the Middle East airline stated: "Emirates SkyCargo also continues to play an integral role in the airline’s expanding operations, and in 2017 carried 2.5m tonnes of freight.

"Emirates SkyCargo created new benchmarks in the air cargo industry with its specialised transportation solutions for industry verticals, including pharmaceuticals. With the introduction of Emirates Pharma, the carrier saw a 38% growth in the volume of pharmaceutical cargo its launch."

It continued: "In May, Emirates SkyCargo and Cargolux Airlines entered into a strategic operational partnership, the first of its kind in the air cargo industry, which saw both carriers working closely on a number of operational aspects including enhancing capacity from key markets, optimising networks as well as boosting belly cargo feeder traffic and hub connectivity capabilities.

"In October, the two carriers extended the partnership with a codeshare agreement."

 

Cathay Pacific predicts strong Q1 for air cargo

Cathay Pacific Cargo is expecting a strong start to 2018, with demand remaining strong for at least the first quarter, shippers already looking to secure space and rates expected to rise.

In a series of outlook articles, executives from the airline outlined the strength of the air cargo market in 2017 also their expectations for the coming 12 months.

Regional manager cargo, Europe, Ray Jewell, said that bookings for January had come in earlier than usual and added that forwarders may look to secure capacity over longer periods.

“The feeling is that cargo will continue to be strong well into the first quarter of the year,” he said.

“It’s early December and we are already taking bookings for January. That lead times are lengthening, not across the board but at all, is a pretty encouraging indicator because people are struggling to find capacity.

“Customers have told us that they have warned shippers that there will be increases in rates.

“We hope it will last the whole year, and if it does it might change how people manage their capacity requirements.

“We may see agents willing to buy capacity for a longer time at a higher rate because they want to protect their business.”

Kenneth Tsui, manager cargo, China, agreed with Jewel, saying that shippers were working with airlines and agents to protect space for their exports.

“This is an indication that they have concerns about capacity when getting their products to market,” he said.

“Our challenge, and other carriers operating out of China and Hong Kong, is that we have to strike a balance between capacity and demand and keep a sustainable operation.”

Jeanette Mao, head of cargo global accounts and marketing, said that the airline’s freighters had been flying with a utilisation rate of around 97% over the first ten months of this year because of the demand growth registered.

She said growth was fuelled by improving global economic confidence, e-commerce demand, retail confidence and shorter product cycles.

“[Shorter product cycles] means more frequent product launches and the need to build up inventory in shops quickly.

“In addition, the reliability of seafreight has been under pressure due to port congestion, a decline in on-time performance and the introduction of new alliance networks.

“This is a big risk for manufacturers reliant on just-in-time stocking, and that has seen automotive shipments and machinery parts airfreight grow by 18% and 14% respectively in the first eight months of the year.”

Tsui added that the strength of the US dollar was also boosting China’s trade with the US.

The airline’s latest cargo statistics show that demand over the first 11 months of the year has increased by 11% year on year to 1.9bn kgs. Its cargo load factor for the month stood at 71.6% compared with 68.1% last year.

 

IMGS Inaugurates Doraleh Multipurpose Port

Maritime service provider IMGS has handled the first bulk vessel at the Doraleh Multipurpose Port in Djibouti.

The newly opened Doraleh port is expected to handle 2 million tonnes of cargo a year. Under development since 2015, the port has been co-financed by the government of Djibouti and China Merchant Holdings

With offices in Dubai and Toronto, IGMS provides project cargo handling services globally with a focus on bulk cargo and bagging and best practices in terminal management.

Photo: The Doraleh Multipurpose Port. Credit: Wikimedia

 

Lufthansa Cargo invests in online marketplace

Lufthansa Cargo is one of a number of companies that has invested in start-up logistics marketplace Fleet Logistics Inc (Fleet).

Lufthansa did not disclose how much it had invested in the company, but in total Fleet raised $10m in the latest round of fund raising.

Other companies to invest in Portland-based Fleet include Hunt Technology Ventures, UPS, UP2398 and 1517 Fund.

Fleet was founded in 2014 and acts as an online marketplace, matching demand for freight services with available capacity from logistics companies.

The investment will also see Lufthansa Cargo chief commercial officer Alexis von Hoensbroech take a seat on the board of directors at Fleet.

“Fleet Logistics is a perfect match for us as the company combines innovative and visionary thinking with a strong intrinsic motivation to improve air cargo booking and shipping efficiency and, finally, our customers’ overall experience,” said Lufthansa Cargo chief executive Peter Gerber.

“We expect substantial learnings with regard to our product and service portfolio. Thus, we are sure that Lufthansa Cargo and Fleet Logistics will mutually benefit from sharing concepts and ideas.”

The air cargo carrier added: “By acquiring shares in Fleet Logistics, Lufthansa Cargo underlines its strategic commitment in lifting the airfreight industry to a superior digital maturity level.

“The acquisition is part of the Lufthansa Group’s overall digitisation strategy and was strongly supported by the Lufthansa Innovation Hub in Berlin.”

Fleet said that over the past year shipping spend via its platform has grown seven times.

“This new funding round will enable us to expand our team in Portland, to develop the product, and to focus on business development,” the company said.

Fleet chief executive Max Lock said: “Lufthansa Cargo brings strategic industry experience and joins Fleet not only as an investor, but also as a board member, and soon as a partner to help launch our new air freight platform.

“This new funding enables Fleet to accelerate our platform and bring new features and functionality to enhance our customers’ experience.”

For a typical medium-sized shipper with around 5-100+ shipments per month, Fleet claims to help save up to $30,000 and 800 hours annually by reducing the time spent getting quotes, setting up accounts, managing paperwork and checking on the shipment status.

Since launch, the company has raised more than $14m in funding.

 

MSC Launching RO-RO Service to West Africa

Switzerland-based container shipping major Mediterranean Shipping Company (MSC) is introducing a new RO-RO West Africa Service for rolling, project and breakbulk cargo.

This new RO-RO Service to West Africa will start on February 19 from Le Havre, the company said.

Two vessels will be deployed, MSC Immacolata and MSC Cristiana, operating on a fortnight basis with the following rotation: Le Havre, Antwerp, Dakar, Conakry, Abidjan, Le Havre.

“In addition to rolling or wheeled cargo this new service offering will have the flexibility to cover a range of out-of-gauge and breakbulk cargo, which will be typically large, heavy pieces, or critical equipment for specific projects,” MSC added.

MSC has been serving African markets since 1971 and has a considerable agency presence across more than 40 countries.

 

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