UK – With the Multimodal 2020 exhibition now cancelled until it appears as the 2021 edition, IMHX can truly claim to be the countrys largest logistics and supply chain exhibition for this year at least. The biennial event is scheduled to run between the 14th and 16th September at the NEC, Birmingham.UK – So the Freight Transport Association (FTA) has gone ahead with its plan to change its name to ...
Methanol bunkering is being touted as a viable option for achieving maritime decarbonization and its prospects are set to receive a further boost after the International Maritime Organization grants a formal approval for its use as a marine fuel, said Methanol Institute COO Chris Chatterton.With regard to the IGF code for methanol, progress was “very good” up until COVID-19, which delayed the IMO’...
Chinas Tianjin port saw iron ore imports rise 13.6 percent year-on-year to around 37.86 million tons in the first half of this year, according to Tianjin Customs.The sustained growth in iron ore imports is attributed to the huge raw materials demand of the countrys steel industry and increasingly strict environmental protection requirements, under which domestic steel mills have to increase the im...
The Baltic Exchange’s main sea freight index fell to a more than a month low on Wednesday, dragged down by weaker capesize and panamax rates.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, fell 121 points, or 7.6%, to 1,473, its lowest since June 17.The Baltic capesize index dipped 303 points, or 11.1%,...
Testing of imported food for the novel coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.China stepped up inspections of imported food last month after an outbreak of the coronavirus among people working at and visiting a major food market in Beijing.“Import containe...
Chinas shipbuilders received new vessels orders amounting to 12.5 million dead weight tons (dwt) in H1, higher by 3.4% on year and accounting for 67.5% of new orders placed globally during the six months, according to the latest data released by China’s Ministry of Industry and Information Technology on July 17.Although the global market for ships remained severely challenged during January-June, ...
Chinas Maritime Safety Administration on Wednesday signed a deal with the countrys state-owned shipbuilder to cooperate in sectors of smart ships and maritime environmental protection.The administration will work with the China State Shipbuilding Corporation (CSSC) to develop smart ships, a smart transport management system and smart inspection and monitoring systems, and forge a development plan ...
Freight representatives have responded cautiously to yesterday’s UK government announcements about its plans for post-Brexit border arrangements, expressing concern that the late publication of the planned Border Operating Model and a lack of progress towards recruiting new customs agents give little time for companies to prepare.With the role of customs intermediaries highlighted in the governmen...
1.The Methanol Institute (MI) will consider the technical and operational requirements for the use of methanol as a marine fuel.2.Chinas Cosco Shipping Heavy Industry has completed repair works on a 30,000-cbm carrier, marking the second-ever LNG repair job for the yard.3.Taiwanese liner shipping major Evergreen Marine has announced a plan to issue $300m worth of overseas bonds.4.Chinese state-own...
Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange.The average China Containerized Freight Index (CCFI) stood at 864.72, up 1.3 percent from a week earlier, according to the exchange.The sub-reading for the Republic of Korea service led the increase with a week-on-week growth of 5.7 percent, followed by those for Mediterranean service ...
1.On July 10, it was announced that Miao Jianmin was appointed as the new Chairman of China Merchants Group Limited.2.Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker Atlantica.3.The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers.4.Chinas Tianjin P...
On July 3, 2020, Beijing time, the 2nd global logistics cloud meeting which was exclusively sponsored by Real Logistics from Poland concludedsuccessfully. This cloud meeting gathered more logistics person. They used their hard working to interpret their enthusiasm for their careers, outlined the spirit of the industry with a sincere attitude, and gave logistics person a unique style with a positiv...
Higher air freight volumes in June compared with May are a sign of the air freight sector taking “its first steps to a structural recovery”, according to air cargo market analysis by CLIVE Data Services, highlighting that the 6% month-on-month improvement came despite falling demand for emergency medical equipment – which had distorted the market and inflated demand and pricing in some previous mo...
In the first half of this year, China again took the lead in three major indicators of the global shipbuilding industry, maintaining its record as the worlds No. 1.China dominated the most new orders, accounting for 65.4% of global transactions with 11.31 million DWT, compared with 23.7% in South Korea and 8.8% in Japan.In terms of handheld orders, Chinas shipyards accounted for 48.3% of the globa...
Global new orders of ships fell to a historic low in the first half of the year amid the coronavirus pandemic, industry sources said Tuesday.In the January-June period, global new shipbuilding orders totaled 5.75 million compensated gross tons (CGTs), or a total of 269 ships, according to data provided by global market researcher Clarkson Research Service.The tally marks the lowest since 1996, whe...
Maritime charityinvites all seafarers to virtual service of Sea Sunday for the conclusion of Seafarers Awareness WeekInternational seafarer welfare charity, The Mission to Seafarers, today announced that its annual Sea Sunday celebrationswill be broadcastonline, connecting seafarers around the world during this global crisis.Seafarers Awareness Week starts on the 6thJuly and culminates in Sea Sund...
UK – When is an apprenticeship not an apprenticeship? When its a traineeship apparently. The Chancellor has announced that companies will get a £1,000 cash payout if they take on youngsters aged from 16 to 24 as unpaid trainees in a bid to give them a skillset which makes them more employable. Due to be officially announced in Wednesdays upcoming Budget statement, the scheme it is estimated will c...
UK – The cancellation of the Multimodal exhibition and conference 2020 last week has left a big hole in the diary for many of the thousands of freight forwarders, shippers etc. who use the event as a highlight of their networking year. Many also attend to stay abreast of current and pending affairs in logistics, and the organisers have found a way to bridge that gap between now and the 2021 event ...
Thanks for All, Thanks for Attending!Holdby OLO(Orange Logistics Organization), the 2nd global logistics Cloud Meeting exclusively sponsored by OLO founding member Poland - Real Logistics officially ended at 10:30 on July 3, 2020 Beijing time. More than 500 global logistics enterprises in more than 60 countries and regions gathered on the cloud and participated in the grand event. This cloud meeti...
There are only a dozen hours left before the opening of the 2nd Global Logistics Cloud Meeting. More than 500 attendees from more than 60 countries will overcome the time difference attend the meeting with enthusiasm. In order to give you a better experience and gain from the meeting, the organizer has specially compiled a “FriendlyReminder”, which is full of main points. Hope you can read careful...