Newsletter – June 5, 2018
OCEAN FREIGHT UPDATES
Emergency bunker fees ‘an outdated mechanism’
Shippers are right to be angry about emergency fuel surcharges levied by carriers, and now would be a good time to devise a new system for bunker costs that protects both parties, according to container shipping analyst Drewry. Read more here.
Deltaport moving forward with two pilot drayage programs
Vancouver, BC — Following engagement and consultation with supply chain partners, the Vancouver Fraser Port Authority, Transport Canada, the BC Ministry of Transportation and Infrastructure, and OBCCTC, with a goal of improving productivity outcomes for the drayage sector and improving gateway efficiency, GCT Canada is moving forward with two pilot programs. Read more here.
The next 30 years will see more change than in the past 100 years’: IMO secretary-general
Kitack Lim, secretary general of the International Maritime Organization (IMO), made his pitch today to keep the UN boday at the centre of global shipping regulations. Read more here.
CANADA BUSINESS AND GOVERNMENT UPDATES
Ottawa to invest US$35.5m in Montreal port roads
THE Montreal Port Authority (MPA) will benefit from C$45.8 million (US$35.5 million) in federal spending on the road network next to the harbour under the National Trade Corridors Fund programme.
‘This announcement has a direct impact on the Port of Montreal and its many partners, and it is a mobilising project that will make a contribute to improving the flow of freight transport by road in the city,’ said MPA president and CEO Sylvie Vachon. Read more here.
Brazil supply chains will take weeks to normalise
It will take weeks for supply chain operations in Brazil to normalise following devastating industrial action over the last fortnight that forced ports to cease most operations, as hundreds of roads were blockaded for 10 days.
Highway shutdowns by more than 600,000 truckers protesting against rising fuel costs were only lifted at the end last week after an agreement with unions was reached by under-fire President Michel Temer.
The trucker blockades were exacerbated by additional strikes by stevedores and oil workers last week – and ongoing industrial action by customs officers that continues to affect cargo clearances at ports. [Excerpted from llyodsloadinglist.com]
New GPDR laws may be a barrier to the full logistics potential of blockchain
Blockchain may help provide supply chain solutions, but the new GDPR legislation has exposed some of the challenges the technology faces.
Last month, the EU brought in new General Data Protection Regulations, of which a key element was the “right to be forgotten”. Read more here (login required).