Newsletter – November 12, 2018
Newsletter – November 12, 2018
Newsletter – November 12, 2018
AIR FREIGHT UPDATES
NCA eyes sale of 747-400 freighters as it counts the cost of summer flight ban
theloadstar.co.uk
Nippon Cargo Airlines, the freighter operator which saw its 11-strong fleet grounded in June over maintenance record issues, is to sell its 747-400Fs.
It also reported that – unsurprisingly given the length of its fleet downtime – it has made a loss. Read more here.
OCEAN FREIGHT UPDATES
Maersk drops Chennai, India’s east coast port eyes transshipment rescue
seanews.com.tr
NOW that Maersk Line has dropped Chennai because of poor productivity, the biggest port on the east coast of India is hoping transshipment will cushion the abandonment by the world’s biggest shipping line
Spot rates hold steady as carriers take advantage of shipper rush to beat tariffs
theloadstar.co.uk
OOCL has announced the cancellation of four Ocean Alliance headhaul transpacific sailings next month.
This suggests forward bookings are resuming normal seasonal demand patterns after the rush to beat 1 January import duty hikes. Read more here.
London Gateway wins 2M Asia-Europe service as Maersk tries to reduce ‘unexpected disruptions’
theloadstar.co.uk
London Gateway has won its second Asia-Europe deep sea service after Maersk Line announced that the 2M’s AE7/Condor service will transfer its UK port call from Felixstowe at the end of this month, as pressure on inland container supply chains continues to mount. Read more here.
CMA CGM Asia chief warns of heavy cost sharing to come with IMO 2020
seanews.com.tr
CMA CGM’s Asia Pacific’s chief Mathieu Girardin is confident that his Group will be ready for the new regulations expected to befall world shipping in 2020.
Admittedly, things are going well for most carriers today on the booming transpacific eastbound route as shippers race to beat threatened tariffs in the tit-for-tat Sino-America trade war. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Easy does it – ‘baby steps’ the best way to move towards blockchain in logistics
theloadstar.co.uk
Logistics operators should take “a more protracted approach” to introducing blockchain technology, with development of rules paramount.
Speaking at Intermodal Europe in Rotterdam,Viswanthan Raghavendra, CEO of FreightBro, said the technology was “absolutely vital”, but more time was required. Read more here.