Monday, December 18, 2017
The facility will store up to 16 cargo units with separate temperature chambers and an electronic rollerbed system to accelerate the handling of pharma shipments, said WFS."WFS is also progressing towards its IATA CEIV certification in Denmark with the opening of our new cooler facility to supports our customers'premium cargo products for temperature-sensitive pharma shipments," general manager Scandinavia Jimi Daniel Hansen said.Earlier this month, Brussels became the first WFS cargo station in Europe to achieve IATA CEIV Pharma certification, reported American Shipper.WFS is also working towards Good Distribution Practice (GDP) or IATA CEIV Pharma certifications at other major locations across its network, which also includes building new facilities in Paris and Milan.In a separate development, the company received a cargo handling contract from Air India for its new service from Denmark to Delhi, operated by Boeing 787 freighters with three flights a week.
November's rebound was attributed to a 16.6 per cent year-on-year rise in aircraft movements. Aircraft movements in November 2016 were lower due to pilot strikes that led to the cancellation of thousands of flights. Accumulated maximum take-off weight also rose 12.7 per cent at FRA last month, reported New York's Air Cargo World.Among Fraport's other fully-consolidated airports, Ljubljana Airport in Slovenia recorded a year-on-year increase of 13.2 per cent to 1,052 tonnes in November, while air cargo volume at Lima Airport declined 4.7 per cent to 26,843 tonnes. Fraport Twin Star airports in Bulgaria registered a hefty decline of 61.5 per cent in cargo traffic to total 684 tonnes.At Fraport's equity consolidated airports, Germany's Hanover Airport recorded an 8.5 per cent year-on-year increase in cargo volumes to 1,870 tonnes, while Xi'an Airport in China saw volumes grow by 6.3 per cent to 23,549 tonnes.
The IATA statement pointed out that net profits are on a strong growth trajectory in the last three years thanks to strong cyclical rise in cargo markets which account for 37 per cent of the world's global cargo capacity.IATA adds that the estimated 7 per cent demand growth will outpace announced capacity increase of 6.8 per cent, reports Singapore Business.Passenger market conditions vary across markets but domestic markets are particularly strong in China, India and Japan."These are good times for the global air transport industry. Safety performance is solid. We have a clear strategy that is delivering results on environmental performance. More people than ever are travelling. The demand for air cargo is at its strongest level in over a decade. Employment is growing. More routes are being opened. Airlines are achieving sustainable levels of profitability," said Alexandre de Juniac, IATA's Director General and CEO, adding that rising fuel, labour, and infrastructure expenses continue to be pressing challenges.
"We are privileged and excited to have been granted the opportunity to collaborate with our host community to jointly realise the potential of the port of Motukea as a logistics hub," said ICTSI senior vice president Christian Gonzalez in a statement.ICTSI won 25-year concessions to operate the ports of Lae and Motukea. Just one week earlier, ICTSI subsidiary South Pacific International Container Terminal Limited (SPICTL) and the ICTSI Foundation signed a similar memorandum of agreement to enable the Lae project to proceed.The memorandum of agreement upholds the subscription and shareholders agreement (SSA) included in the terminal operating agreement (TOA) with PNG Ports Corporation Ltd for Motukea.ICTSI's obligations under the agreement involve meaningful engagements with host communities through corporate social responsibility (CSR) initiatives."The ICTSI Foundation will work closely with local leaders and organisations to determine beneficiaries and the appropriate projects to ensure the development not only of the projects but also of the impacted communities," the company statement added.
However, the report, 'Indian ports sector: Challenges of scale and efficient operations', highlights how meagre the nation's port volumes are at present - both overall and in terms of containers - when compared to its neighbour China.India's total containerised cargo capacity of 8.75 million TEU at its 12 major ports is one-quarter of the throughput handled at the port of Shanghai for instance, reported Singapore's Splash 24/7. The 647 million tonnes of cargo handled in 2016 is also less than the Chinese port of Ningbo-Zhoushan's throughput.The report calls for the rapid development of infrastructure at India's top ports and recommends that greater use is made of containerised freight as a mode of transport nationwide.
New facilities at the port and equipment upgrades could also make Oakland a first port of call for containerships visiting the US from Asia, port of Oakland maritime director John Driscoll told an audience of supply chain officials that meets three times a year to review the port's operating performance."I'm forecasting growth because of the development that's going on here," Mr Driscoll was quoted as saying in a report by Ameican Shipper. "It won't be dramatic - it will be steady - but it will result in more cargo volume than we've ever had before."Three international shipping lines are currently considering Oakland for first calls due to port improvements, Mr Driscoll said. If any of the shipping lines go ahead with the move, Oakland import volumes could rise since the first port of call is where ships discharge most US imports.The projects underway at the port include the raising of four ship-to-shore cranes by 27 feet at the Oakland International Container Terminal to better load and unload megaships. Work on the second of four cranes is scheduled to finish by year-end, while completion of the entire US$14 million to $20 million project is expected in mid-2018.Mr Driscoll said Cool Port Oakland, a project that is expected to process beef and poultry exports in a 280,000-square-foot temperature-controlled facility when it opens in the third quarter of 2018 has caught the attention of shippers.Also in the pipeline is the Seaport Logistics Complex, a $52 million, 440,000-square-foot distribution centre designed for the rapid transfer of cargo between ships, trucks and trains. Construction is slated to commence in late 2018.
The port handled 135,469 total containers in November, up 1.7 per cent from the same period in 2016. The facility also processed nearly 20,000 tonnes of non-containerised breakbulk cargo and more than 6,500 new import cars.CEO and executive director of VPA John F Reinhart said: "Our TEU volume was modest, up nearly two per cent, we showed slight container growth at Virginia Inland Port and our efforts to diversify our cargo mix with non-containerised cargo are showing promise - November was the fourth consecutive month of growth in import autos for us."Though we are still processing peak-season volume, we are beginning to see a tapering-off trend, as anticipated."Loaded exports were down 6.9 per cent to 87,695 TEU while loaded imports were up 8.7 per cent to 110,673 TEU in November, American Shipper reported.Virginia Inland Port saw a slight increase in containers of 0.8 per cent to 2,667 while truck and rail containers increased 4.9 and decreased 3.1 per cent, respectively. Vehicle units jumped 170 per cent to 6,584, the authority said.On a calendar year basis, all sectors have experienced increases compared to the same period last year, with TEU-volumes up 7.3 per cent, containers up 7.6 per cent, trucks up 9.5 per cent, rail up 3.3 per cent, and barge volume up nearly 25 per cent."The work at Virginia International Gateway continues in earnest - the first bundle of RMGs (rail-mounted gantry cranes) will arrive in January - and the pace of work at Norfolk International Terminals (NIT) is going to pick-up significantly in January."Our focus is managing these two projects while staying safe and maintaining our service and efficiency levels. This will add cost while we manage through the expansion and we are prepared for that eventuality," said Mr Reinhart."There are several positive things happening that are going to help build business and drive efficiency," Mr Reinhart added."We are preparing to put into service on the Richmond Express (barge) a 40-plug mobile power unit that will serve owners and shippers of refrigerated cargo to Richmond Marine Terminal."
"Major ports in the world completed a container throughput of 82,072 million TEU, with a year-on-year growth rate of 7.7 per cent, up by 0.5 percentage points from that in Q2, showing strong growing momentum," according to the institution's Global Port Development Report about the third quarter of 2017.The report presented a number of highlights, including all major ports in the US enjoying positive container throughput growth on the back of the US economy maintaining steady growth in the third quarter."GDP growth rate was 1.2 per cent in Q1, 3.1 per cent in Q2 and three per cent in Q3. In addition, the import and export values of the United States in the first half of this year totalled US$1.89 trillion, up by seven per cent year-on-year," the study was cited as saying in a report by American Shipper.The US ports of Long Beach and Vancouver registered double-digit growth rates year on year, with their third quarter container volumes reaching 2.11 million TEU and 856,000 TEU, respectively.The North American ports of Virginia, Houston and Montreal demonstrated similar year-on-year growth rates at 5.85 per cent, 6.29 per cent and 5.77 per cent, respectively. Meanwhile, container throughput at Seattle and Tacoma illustrated slow growth.Other key finding of the report include: a significant increase in growth rates of domestic trade cargo throughput at China's ports; robust growth of import and export cargo volumes at South Korean ports; and stable cargo throughput growth at European ports.Aside from Cosco Shipping Ports Ltd, which experienced negative year-on-year growth, all other major global terminal operators registered positive growth in the third quarter. DP World achieved the highest year-on-year growth at 27.9 per cent.
Taiwan International Ports Corporation (TIPC) awarded the contract to Van Oord in 2015 and the work was completed eight months ahead of schedule, creating 250 hectares of new land for the Kaohsiung Intercontinental Container Centre Phase II, Port Technology of London reported.Each day, around 150 vessels pass through Kaohsiung in southern Taiwan, where more than 10 million containers are transshipped each year.Martin Meijers, Van Oord's Area Manager, said: "The availability of the right equipment at the right moment and excellent cooperation within the internationally assembled project team contributed to the early completion and overall success of this project."It was the first time Van Oord had been engaged as a main contractor in Taiwan."
State-backed Taiwan International Port Corp (TIPC), which oversees the island's main terminals, converted US$343 million of debt owed by Yang Ming into an investment, in the process switching from being a creditor in the Keelung-headquartered line to become a shareholder.Taiwan's minister of transportation and communications, Hochen Tan, stated that he sees the two parties working much closer together going forward.Yang Ming's chairman Bronson Hsieh, formerly number two at Evergreen, has outlined how the company will rejig its box fleet.Twenty ships ranging in size from 3,000 TEU to 8,000 TEU will be retired in the coming years, with Yang Ming then looking to either build or charter in a swathe of new, larger tonnage with a focus on trades in Southeast Asia.Amid unprecedented consolidation seen in the container sphere over the past three years, combined with a series of dire financial results, the future of Yang Ming, currently the world's eighth largest liner with just shy of 600,000 slots, has been the source of much speculation in 2017.
Rates could continue to come under downwards pressure and drop below the key level of US$1,000 per FEU to the US west coast and $1,600 per FEU to the US east coast warns Alphaliner.Freight rates to the US are well below where they stood at this time in 2016. Asia-US west coast rates are 22 per cent lower than during the same week last year and rates to the east coast have fallen 23 per cent year on year, reports IHS Media.Spot rates from China to the US west coast declined to $1,078 per FEU two weeks ago, compared with a peak of $2,211 per FEU in January, while rates to the US east coast decreased to $1,804 per FEU, down from their $3,647 per FEU peak in January, according to the Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI).Many attempts to implement general rate increases (GRIs) this year by shipping lines participating in Transpacific Stabilization Agreement (TSA) and non-members have proved to be futile. There are now fears that Maersk Line's decision to exit the TSA this December - following in the footsteps of other major carriers - could further destabilise the trade.Alphaliner said Maersk's departure will shrink the TSA carriers' share of the trans-Pacific trade to 65 per cent, down from a peak of 80 per cent in the past.The failure of 18 attempts this year by TSA carriers to impose GRIs, ranging from $400 to $1,000 per FEU, has taken place even as the total US container trade increased by 3.3 per cent year on year during the first three quarters of 2017, according to PIERS, a sister product of JOC.com.SeaIntel pointed out that volume growth on the Asia-North America trade has come to a standstill, which it described as "very worrying", as it had been expanding by 8.3 per cent in the first nine months of the year, but the growth rate in October slowed to just 0.1 per cent.
The main Kwai Tsing terminals saw volume fall 1.6 per cent to 1.35 million TEU from 1.37 million TEU previously while at the non-Kwai Tsing terminals throughput plunged 9.7 per cent to just 400,000 TEU from 443,000 TEU in November 2016, Seatrade Maritime News of Colchester, UK .For the year-to-date, throughput amounted to 18.97 million TEU, making it look likely that the port of Hong Kong will not only have another sub-20 million TEU year but quite possibly see annual volumes even drop below last year's 19.81 million TEU if December turns out to be a slower-than-expected month.
Asia-Mediterranean trade maintained its flat progress at $596 per TEU, IHS Media reported.Asia to the US west coast increased 9.7 per cent week over week to $1,183 per FEU while those to the east coast rose nine per cent to $1,967 per FEU.