Port Restrictions and High Barge Charges: Causing Costs to Spiral
Port delivery restrictions to ships are forcing ship suppliers to use barges for the supply of ship stores – resulting in hundreds of pounds of increased logistic costs, warns the UK’s leading ships chandler Hutton’s. Restrictions are enforced for a number of reasons, including security, safety and weight limits. Meanwhile barge costs are rising with the charges becoming prohibitive at some ports. Hutton’s warns the problem is an issue worldwide and especially prevalent on continental Europe where barge supply has become commonplace.
Suppliers Continue to Weather the Economic Storm
Ship suppliers are managing to weather the economic storm by putting solid and vetted business partnerships ahead of any major move towards online procurement, according to the industry’s leading trade body. The International Shipsuppliers & Services Association (ISSA) said that while e-commerce was clearly part of the ship supply sector, it was the traditional practices of the small to medium sized supply businesses that were proving more resilient in today’s turbulent economic times than “the global behemoths that have been shown to try and fail spectacularly over the past 20 years”.
Seohae Selects SupplierLink from MTS
electronic transactions with their customers. on the supplier side of the marine market. to marine e-business solutions. marine supply chain is what will provide value long term. is delivered by Shipcentric. process these directly. explains John Inge Røtting, Sales Director in MTS.
ILS & Danaos Collaborate on Network Shipping Management Services
Inventory Locator Service sign MOU with Danaos Management Consultants to develop cloud-based procurement & management services. Together the companies will develop a platform called MarineHubsm, a network of companies in the marine industry that will facilitate planned maintenance and procurement of spares for ship owners, managers and suppliers worldwide using cloud technology. George Zdravecky, ILS vice president of Supply Chain Solutions, recently spoke about the benefits of creating such a network at the International Marine Purchasing Association (IMPA) conference in London. "Creating an environment that connects the content, systems, people and processes will benefit all companies in the marine industry,” said Zdravecky.
EU’s Borg Headlines ISSA Convention
EU Commissioner Dr Joe Borg is set for a public interface with global shipping luminaries when he addresses the International Ship Suppliers Association (ISSA) Convention to be held in Malta from October 18-21, 2007. Dr Borg served as Malta’s Foreign Minister before taking up his present post as EU Commissioner for Fisheries and Maritime Affairs. In a joint statement ISSA President Wim van Noortwijk and Alfred Borg, MSSA President, said: “Having Dr Borg in attendance should attract a number of extra people from the global shipowning community as well as from the ship supply sector. Commissioner Borg will be joined at the Convention by a host of other headline names.
Hutton's Unviels New Product Guide
Hutton’s, a U.K. ship supplier, will unveil its new Product Guide at this week’s IMPA trade show in London from September 11-12, 2013. The new Product Guide is available online, downloadable from the web and in electronic format on USB sticks – a clear sign that Hutton’s is keeping up with the latest advances in technology and remains at the forefront of the U.K. ship supply industry. Technical data sheets containing essential technical specifications such as conversions, flange guides etc.
Hutton's Group Strengthens Aberdeen Ship Service Team
Leading ship supplier Hutton’s Group says it has strengthened its Aberdeen logistics team with the appointment of a new Branch Manager, Kirstene Wilson, who starts work at the firm’s Sinclair Road depot, having completed a week’s induction training at Hutton’s head office in Hull. The Company adds that Ms Wilson brings to her new role years of experience in both the retail, wholesale and logistics sectors, having worked previously for Makro and Strachan’s.
Jaccar to Launch Bourbon Buyout on May 20
Jaccar Holdings, the main shareholder of Bourbon, said on Monday it will launch an offer to buy the French ship supplier on May 20. Bourbon said in March that the offer, which is valid until June 23, would be conditional upon Jaccar securing 50.1 percent of the capital, as well as bank financing. It said at that time that the proposed bid was 24 euros per share. Bourbon shares closed at 23.83 euros on Friday. Jaccar currently owns 26 percent of the group, according to Bourbon's website. Reporting by Maya Nikolaeva and Gilles Guillaume
Hutton's Moves to New Headquarters
Hutton's, a UK-based ship supplier, has moved into a large new head office and warehouse facility to accommodate the company's growing business. Located in Witty Street, Hull, the new double-sized unit is called Dianthus House and has access straight onto the A63 and national motorway network, along with being strategically located for access to Europe overnight via the Hull to Rotterdam ferry. The large new facility provides increased storage, warehousing and logistics facilities along with larger administration offices. Managing Director Alex Taylor says: "This is an exciting time for us and an important step to prepare for our next ten years of business.
Hutton’s Opens Largest UK Depot
Britain’s leading ship supplier, Hutton’s, has responded to growing demand from the offshore oil and gas sectors by opening its biggest UK depot in Aberdeen. Hutton’s, which recently announced record sales figures, moved into the 13,000 sq ft (1300sq m) depot from a smaller 5,000 sq ft warehouse a month ago. Hutton’s need for expansion is a result of increased business from the offshore industry. The new facility is located near Aberdeen harbour and provides Hutton’s with considerably increased capacity. In addition, the depot provides modern office space with up-to-date IT systems and hi-tech meeting facilities. Leased from the Harbour Board the unit is recently refurbished and houses 350 cu m of chilled and frozen freezer facilities and 382 ambient pallet places.
New ISSA President: Innovation, Cooperation Are Top Priotities
The new President of the International Shipsuppliers & Services Association (ISSA), Abdul Hameed Hajah, has outlined his priorities for the year ahead with innovation and cross industry cooperation sitting at the top of his agenda. Hajah, who officially took over as President of ISSA on January 1, has highlighted innovation and improved productivity in the supply chain as key processes in the efficient management of today’s ships. A highly efficient and strong international ship supply industry is crucial to this process, he said.
Wrist Ship Supply Strengthens Global Progam
World's largest ship supplier continues to expand customer management network. Wrist Ship Supply has appointed another dedicated global key account manager, based in Norway, as it continues to develop its operational network for customers. The complex procurement processes involved in providing food and other consumables to service hundreds of vessels at sea and managing the growing red tape and regulation around port and customs delivery access, plus calls for further seafarer health and nutritional standards has boosted demand for a dedicated third party provider of ship supplies. As the shipping industry continues to experience tough commercial times…
GAC Launches Global Logistics Service
GAC Group (GAC) has launched its new global supply chain management service to meet the demand for fast and efficient delivery of ship spares and marine parts. By leveraging on the group's combined infrastructure and core expertise in logistics, ship agency and marine services, GAC has created GAC Marine Logistics Inc (GML), a company dedicated to offering ship owners and spares suppliers an integrated and seamless door-to-vessel solution. "GAC has traditionally been involved in the delivery of ship spares since 1956 as part of our ship agency services. Now with GML, we have extended our service all the way from pick-up at the ship suppliers' door to delivery aboard ship," says Chris Steibelt, Managing Director, GAC Marine Logistics Inc.
Bottled Water Sales to Shippers on the Rise
Hutton’s Group, a ship supplier in the U.K., reported sales of bottled water are up 30% on last year’s figures. The Hull-based supplier to the international shipping industry said it sold almost 40,000 large bottles of still water and nearly 20,000 small bottles this January alone, with sales of sparkling water (particularly popular with eastern European customers) growing too. The company said its January water sales equate to more than 13,000 liters. Alex Taylor, Hutton’s Group Managing Director…
WSS Director Addresses CLIA Forum on 'Navigating Change'
Andrew Sheriff, Business Director Safety at Wilhelmsen Ships Service (WSS) spoke to leading cruise industry representatives at the recent CLIA Leadership Forum in Miami, explaining what drives his team when it comes to continuously developing its portfolio. During his presentation “Navigating Change - Innovation on equipment and life cycle”, Sheriff offered views on innovation from a supplier’s perspective. He stated that only by creating real value through the development and implementation of new ideas would WSS…
W&O Europe Announces Expansion
W&O, a global supplier to the marine and marine offshore markets for pipe, valves and fittings, valve automation and engineered solutions, announced the expansion of its European operations into Spain, Portugal and Gibraltar through a strategic partnership with Puerto y Bahía, a marine supply company headquartered in Cadiz, Spain. Together, W&O Europe and Puerto y Bahia will be providing customers a number of products, with a focus on DIN and JIS valves. “Establishing operations in Spain, Portugal and Gibraltar through our partnership with Puerto y Bahía is a key component in cultivating a network of distribution points throughout southern Europe,” said Kristof Adam, managing director of W&O’s European operations.
India's Oil Imports Surged in 2017
India's oil imports rose by about 1.8 percent in 2017 to a record 4.37 million barrels per day (bpd) as the country boosted purchases to feed its expanded refining capacity, ship-tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed. To meet its growing fuel demand India, the world's third-biggest oil consumer, raised its refining capacity in the second half of 2017. India's capacity expansion to about 5 million bpd was aided by Reliance Industries…
Chevron Shipping Awards Oil, LNG Contract to GAC
US-based Chevron Shipping Company (CSC) has awarded the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s status as Chevron’s exclusive global agent in a partnership that spans more than 20 years, more than 15 of which have seen GAC as its sole global agent. Operations will be overseen by GAC Hub Agency offices in Dubai, Houston and Singapore with support from GAC’s network of offices and approved agents worldwide.
Cargotec Defines Sustainability Targets for 2018
Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.
London International Shipping Week Kicks Off
Maritime UK welcomes leaders from across the global shipping, ports and maritime business services sectors to the inaugural London International Shipping Week from 9, September 2013. Through the week, Maritime UK will be covering all the major stories, announcements and events. On Monday morning it will publish the results of an extensive survey of UK industry leaders, saying what they think of the UK economy and its competitiveness. The week, says Maritime UK, is about the UK standing up and telling the world that not only is it proud of its maritime past…
Wrist Ship Supply Reports 30% U.S. Growth
Wrist Ship Supply has announced growth of more than 30% in its North American-based operation, in what it describes as a milestone for ship supply in the United States. The growth follows Wrist’s acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America – in 2010. The successful integration of the largest ship supply organization in North America has given Wrist a significant presence in the North American and Canadian markets. “The geography and sheer scale of North America makes it one of the toughest regions to deliver efficient ship supply services.
Maersk Line Reaches 2020 CO2 Target
Maersk Line announced that it reached its 2020 target of reducing CO2 emissions by 25% from its benchmark 2007 levels. “We are proud to hit this mark 8 years ahead of schedule. It is confirmation we’re on the right track. And to keep that momentum we’re raising the target to a 40% reduction in CO2 by 2020,” says Morten Engelstoft, Chief Operating Officer, Maersk Line. “Maersk Line’s focus on energy efficiency has made the company significantly more cost competitive. And by cutting our CO2 we’ve also lowered the CO2 emissions of our customers, thereby helping them meet their own CO2 targets,” says Engelstoft. Benchmarking data makes it possible for all customers to compare their shipping suppliers based on CO2 performance.
Marubeni becomes Partner in iShipExchange
Hong Kong-based iShipExchange has announced that Marubeni Corporation of Japan has become a Strategic Partner in the internet-based procurement business for the shipping industry. iShipExchange (www.ishipexchange.com ) said that the service, which went live in September 2000, has been operating successfully with its founding members and is now inviting the shipping community at large to use its service. iShipExchange is a joint undertaking of three founders: Hong Kong and Vancouver-based Fairmont Shipping, the established dry bulk shipowner and operator; Pioneer iConcepts of Hong Kong-listed Pioneer Global Group, the internet incubator; and US-based procurement software developer, Command Line Corp.