Marine Link
Friday, October 20, 2017

Freight Transport

Shipping Pollution Will Skyrocket -Study

Image:  International Transport Forum

International freight volumes will grow fourfold by 2050 while the average length of haul will increase by 12 percent over that time, trends that will cause a spike in global carbon emissions unless corrective action is taken. An Organisation for Economic Cooperation and Development (OECD) sector study presented at the International Transport Forum (ITF) forecasts that freight transport emissions will grow 286 per cent on average by the middle of the century as changing trade patterns ensure larger volumes of goods travel even longer distances. The sharp increase in emissions dwarfs the predicted 30 to 110 percent increase in surface passenger transport emissions.    Given the longer distances for freight movements, air is expected to be the fastest-growing mode, with a projected 482-percent increase from 2010 to 2050. Air is also projected to be the biggest polluting mode with a 411-percent increase in carbon tons emitted over that 40-year period, ITF said.   Another factor in the expected increase in pollution is the role of the domestic component of an international shipment, which is documented this year for the first time in an ITF annual report. An example of such a move would be a Hong Kong-originating shipment flown to Los Angeles and then trucked to Denver. The domestic portion of such a movement today accounts for only 10 percent of international freight traffic, but 30 percent of global CO2 emissions, according to the report.  

EU authorizes Flemish Financial Support

The European Commission has decided not to raise any objections to the Flemish authorities' plan to provide financial support for the construction of loading and unloading facilities along the Flemish inland waterways in Belgium The Flemish Region in Belgium will put into effect a five year aid scheme aiming at making inland waterways more accessible and developing their use for freight transport. The scheme will provide financial support for the construction of loading and unloading

Izar And Rolls-Royce Plan High Speed Cargo Vessel

Spanish shipbuilder and designer IZAR and Rolls-Royce announced plans for a new European High Speed Cargo Vessel which is intended to be a cost-effective short-sea shipping alternative to road transport in Europe. The monohull EHSCV is powered by two Rolls-Royce MT30 gas turbines and Rolls-Royce Kamewa waterjets. The baseline design enables 124 trailers to be carried at a service speed of 37 knots and is intended to be economically competitive with road transport on routes above 300 nautical

Study Evaluates U.S. Maritime Policies

The Maritime Administration has issued a new study that evaluates the adequacy of current U.S. maritime policy to meet the commercial, economic, security and environmental needs of the nation over the next three decades. The report titled, ìAn Evaluation of Maritime Policy in Meeting the Commercial and Security Needs of the United States,î was researched and prepared by IHS Global Insight, Inc., of Lexington, Mass.

7th Annual UK Ports Conference to Take Off Tomorrow

Maria Pittordis

  Tomorrow 23rd June international law firm Hill Dickinson LLP will be holding  its UK Ports Conference focusing on ‘The Future of UK Ports: changing regulation, shipping trend updates and new opportunities in the supply chain’.   The 7th Annual UK Ports Conference will allow senior representatives from across the ports, shipping and maritime sector to network and discuss policy updates, shipping trends and the latest logistics and supply chain guidance.  

15 Carriers Agree to EU's GRI Modifications

Photo: Maersk Line

 15 container liner shipping companies have said they will stop publishing and communicating general rate increases (GRIs) that are expressed solely as an amount or percentage of the change, says the European Commission.   Shipper representatives have welcomed an agreement by  the container lines to abandon GRIs in favour of a new pricing announcement mechanism following a two-year inquiry by the EU into possible competition infringements – alleged “price

Ingram Barge to Participate in EPA’s SmartWay

Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and freight users aimed at reducing carbon, oxides of nitrogen and particulate matter emissions. Ingram has been involved with the EPA in helping to develop

Automated RTG System Order For Konecranes From Indonesian CT Operator

Konecranes Automated RTG System

Konecranes has signed an agreement to deliver an Automated RTG (ARTG) system to Indonesian state-owned terminal operator PT Pelabuhan Indonesia III (Persero), (“Pelindo III”). This will be the world’s first commercially operational Automated RTG system. The order comprises 11 ARTG cranes, Remote Operating Stations (ROSs) and container yard automation infrastructure such as intelligent container stack gates. Delivery is scheduled for 2015

TT Club Warns Baltic Ports to Protect Against Reputational Damage

Andrew Huxley (Photo courtesy of TT Club)

Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks. It is estimated that for every unit cost incurred in insurance claims it can cost between eight and thirty-six times that amount in direct and indirect uninsured losses for the business

Hiab to Present World Crane Championship Finals

Logo

  Hiab, part of Cargotec, is presenting its latest product innovations together with the World Crane Championship finals at the Commercial Vehicle Show in Birmingham, UK on 14-16 April. The CV Show is the largest and most comprehensive road freight transport event staged in Britain.   We welcome all interested parties to watch Hiab's World Crane Championship finals, which will take place on our outside stand number 3A 80 (outside Hall 4)

Study Examines Economic Impact of US Waterways

© Tak Inaba / Adobe Stock

A study unveiled today documents the contribution of the American tugboat, towboat and barge industry to the U.S. economy.   The study, developed through a cooperative agreement between the American Waterways Operators (AWO) and the Maritime Administration (MARAD) and conducted by PricewaterhouseCoopers, explores the industry's economic contributions to employment, gross domestic product and taxes at the national and state levels; details the types and quantities of vital commodities

Drewry Warns BCOs to Adapt Their Contract Strategy

Image: Drewry Shipping Consultants Limited

 International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years and must adapt their procurement and contract strategy, according to ocean freight procurement consultancy Drewry Supply Chain Advisors.   In the last five years, beneficial cargo owners have been able to secure large reductions in freight costs by running traditional competitive bids with numerous providers in an over-supplied

Global BCOs Hit by Rising Contract Rates from Asia

Graph: Drewry Benchmarking Club

 Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club.   Average contract rates on two major container trade routes - from Asia to North Europe and North America – have increased by another 4% between the second and the third quarter of this year

New Container Spreader from Tandemloc

(Photo: Tandemloc)

For years mechanical container spreader frames have been a fixture on jobsites, river ports and any other location that utilizes ISO shipping containers. While container lifting frames are well worth their size and weight in operational cost savings, they often eat into those very savings because of the expensive shipping methods firms must utilize to get the frames on site for use.   In response to this problem

Spot Freight Rates Soar from North Europe to Asia

Photo: Maersk Line

 Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high.   The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today, from $740 last week.   “Our sources reported that ships are currently full and that carriers have demanded much higher rates – only some prior rate agreements remain in place

Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates

File photo: Hapag-Lloyd

German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.   The shipping industry has been grappling with a prolonged downturn brought about by overcapacity in a faltering global economy, but Hapag Chief Executive Rolf Habben Jansen pointed to signs of upward momentum.   "We expect some market improvement in 2017

Hapag-Lloyd: Positive Operating Result in a Challenging Environment

Photo: Hapag-Lloyd AG

 Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme alongwith further synergies expected due to the merger with UASC.   Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607.4 million (previous year: EUR 831.0 million) and an operating result (EBIT) of EUR 126.4 million (previous year: EUR 366.4 million)

DHL Says Ocean Freight Rates at Turning Point

© dbvirago / Adobe Stock

Demand for ocean and air freight has been better than expected this year, with increasing volumes and rates finally improving after years in the doldrums, executives from freight forwarding company DHL, part of Deutsche Post DHL Group, said. "We're seeing relatively high demand for both ocean and air freight. We're seeing rising volumes on several routes," Tobias Meyer, chief operating officer and executive vice president for business support, DHL Global Forwarding, told Reuters

Quality of Ocean Carriers “Poor to Average”

Image: Drewry Shipping Consultants Limited

 The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey of exporters, importers and freight forwarders conducted jointly by Drewry and the European Shippers’ Council (ESC).   The ESC and Drewry contacted several hundred shippers and forwarders from all over the world in March 2017 and asked them how satisfied they were with 16 price and non-price related attributes of the services provided by

Hapag-Lloyd Projects Higher FY '17 Earnings

File Image: CREDIT (port of Boston)

CEO sees closer supply-demand balance in shipping market; higher earnings forecasts upheld after wider net loss.   German container shipping firm Hapag-Lloyd on Friday said it should achieve higher earnings this year, based on expectations for a moderate increase in freight rates and cost savings.   "The outlook is fairly positive," Chief Executive Rolf Habben Jansen said in a video interview on the company's website.  

Container Shipping Demand Remains Good: Hapag-Lloyd

Photo: Hapag-Lloyd

 In the medium term, demand for container shipping services should continue to rise in tandem with expected ongoing growth in global trading volume, says Hapag-Lloyd.   As a result, the container shipping industry’s medium-term growth prospects remain intact, says the company in its investor outlook for 2017.   In its latest economic outlook (April 2017), the International Monetary Fund (IMF) expects global economic growth to reach 3.5% in the current year. 

Rolling on the River with CORBA

Image Credit: Carlisle & Bray

As the Central Ohio River Business Association (CORBA) pushes commerce on the Ohio River, stakeholders are beginning to take notice.    On January 19, in an office tower overlooking the Ohio River, Eric Thomas convened the first meeting of 2017 for a business group working in the 13th largest port in the U.S.: the Ports of Cincinnati and Northern Kentucky (PCNK). Thomas serves as the Executive Director of CORBA – the Central Ohio River Business Association

Kuehne + Nagel to Disclose CO2 Emissions for Seafreight

Photo: Kuehne + Nagel

 Kuehne + Nagel has expanded its sustainability offering for global seafreight services: As of May 2017, the total amount of CO2 emissions generated by seafreight ship-ments is printed on each invoice assisting shippers to identify their carbon footprint from transport operations.  With this initiative Kuehne + Nagel customers are able to improve the analysis, reporting and management of CO2 emissions caused by their transport chain and thus achieve long-term reduction of the

Public-Private Project Promises to Revive America’s Marine Highway

APH engineer incorporates patent-pending aspects allowing the LNG powered self-propelled self-docking vessels to travel without a wake. The radical technology being incorporated in the vessel design allows the loaded vessels to operate at a draught of less than 10 feet.

Plaquemines and American Patriot Holdings plan new container port-vessel system.   Plans are underway for a new 4,200-acre intermodal container terminal within the Port of Plaquemines Harbor and Terminal District. The project, a partnership (Exclusivity Agreement) between the Port and American Patriot Holdings (APH) calls for the development of a logistics system for “vessel operations comprised of deep-water docking at the Pointe Celeste Container Terminal and multiple upriver

Greece, Bulgaria to Create Multimodal Corridor Between Ports

Photo: Ministry of Transport, Information Technology and Communications of Republic of Bulgaria

 Bulgaria and Greece agreed to expand Multimodal Freight Corridor Between Black Sea, Aegen Sea and Dunabe.   Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski and Greek Minister for Infrastructure, Transport and Networks Christos Spirtzis have agreed to extend the multimodal transport corridor between the two countries connecting the ports of Varna, Burgas, Kavala and Alexandroupoli.  

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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