• ICS calls on global shipping fleet to sound horns to remind governments over urgent crew change 20200628
    The International Chamber of Shipping (ICS) is encouraging ships around the world to sound their horns when in port at 12.00 local time to remind Governments of the ongoing crew change crisis.The action comes ahead of a critical summit meeting led by the UK Government to discuss the impact of COVID-19 on crew changes.Addressing a webinar hosted by the UNs International Maritime Organization on Fri...
  • BIMCO PUBLISHES COVID-19 CREW CHANGE CLAUSE 20200628
    BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.Although travel restrictions are beginning to ease, there are still restrictions in many countries impacting on crew change...
  • Real Logistics from Poland has been the exclusive sponsor of OLO 2nd Global Logistics Cloud Meeting 20200628
    The Covid-19 pandemic swept the world in 2020, causing a huge impact on international logistics, against this background, OLO actively explores a new model for promoting global freight forwarding exchanges and cooperation. Adhering to the concept of Online Communication Connect World, Cloud Meeting Link Business., we launched the Global Logistics Cloud Meeting.The 2nd Global Logistics Cloud Meetin...
  • European Commission Lays Support Plans for Rail Borne Services to Combat Effects of the Pandemic 20200624
    EUROPE – At the end of last week the European Commission released a White Paper aimed at establishing measures for a sustainable rail market in view of the Covid-19 pandemic. Whilst admitting it cannot foresee how the crisis will continue to develop, the EC made it clear it understands that the effect will lead to a high number of insolvencies and liquidity problems for supply chain stakeholders r...
  • Good News for Road Haulage Operators as MOT Tests Recommence in July 20200624
    UK – The Road Haulage Association (RHA) has advised us that some roadworthiness testing dates will start to be allocated from next week for July. MOT tests were suspended from March due to the Covid-19 pandemic.A variety of critics had spoken out whilst tests were suspended expressing fears that the policy might allow unroadworthy heavy goods vehicles out on the highway with the potential to cause...
  • 【Welcome OLO New Member】1UP CARGO 20200624
    AUSTRALIA FCL | AUSTRALIA LCL | LOGISTICS IMPORT1UP Cargo is a new division of the GHP Group of Companies established operations in 1997. 1UP Cargo is one of the Leading Supply Chain and Freight Forwarding Solution providers. The Family Firm was formed by a Merger of multiplebusiness units across Australia, Canada, New Zealand and South Africa.Contact UsCountry/Region:AustraliaCity:MirandaWeb:www....
  • LNG Vessels Emissions and Costs Set to Benefit from Disruptive Technology System 20200623
    UK – A significant contribution to the safe shipment of liquefied gas has been recognised by the countrys longest running engineering prize, the MacRobert Award, which is overseen by the Royal Academy of Engineering. Babcock Liquid Gas Equipment (LGE) has been shortlisted for its innovative ecoSMRT? technology that significantly improves the efficiency of carrying Liquefied Natural Gas (LNG).Babco...
  • Day of the Seafarer 2020—Seafarers are Key Workers 20200623
    This year, the annual Day of the Seafarer (DotS) will be celebrating its 10th anniversary on 25 June.2020 campaign – Seafarers are Key WorkersSeafarers are on the frontline of the COVID-19 pandemic, playing an essential role in maintaining the flow of vital goods, such as food, medicines and medical supplies. However, the crisis has led to difficult working conditions for seafarers, including unce...
  • China's weekly export container shipping index edges up 20200622
    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 842.6, up 0.4 percent from a week earlier, according to the exchange.The sub-reading for the W/C America service led the increase with a week-on-week growth of 4.6 percent, followed by those for Mediterranean service and Kor...
  • China Shipping bulletins on June 22,2020 20200622
    1.Chinas marine fuel futures contract that debuts on Monday on the Shanghai International Energy Exchange (INE) is likely to attract strong interest.2.The reemergence of COVID-19 cases in Beijing is expected to dampen oil demand as flights are canceled.3.A marine ranching platform equipped with a 5G communication base station was delivered to Changdao Island, Yantai.4.Chinas index of export contai...
  • Ocean freight rates soar as tight capacity meets climbing demand 20200622
    “Although this small recovery does not promise a full rebound any time soon, in a number of markets some guarded optimism may be justified.”Ocean freight rates on key transpacific lanes have risen strongly in the last week, as an increase in demand continues to meet restricted capacity.Digital rates specialist Freightos noted that China-US East Coast prices have exceeded $3,000/FEU for the first t...
  • Air freight load factors rise to a new high 20200619
    Air freight load factors rose to a new high in the week to 14 June thanks to aweek-over-week reduction in capacity in the past three weeks combined with a slight rebound in air freight volumes in the first two weeks of June, according to new figures from CLIVE Data Services.According to the latest figures from the air freight data specialist,air freight load factors – usingCLIVE’s‘dynamic load fac...
  • Forwarders adapt to fast-changing air freight environment 20200618
    Freight forwarders and their customers are adapting to a fast-changing air freight environment, with some continuing to operate substantial COVID-19 air charter programmes while others report a slowing in global demand in recent weeks for urgent PPE shipments and a relatively high level of ‘passenger-freighter’ operations helping to limit the need for cargo charter flights, although some ‘passenge...
  • LNG spot prices down amid demand worries 20200618
    LNG spot prices in Asian markets have fallen further, but China may cut LNG imports in the third quarter due to sluggish demand. The price decline also hit domestic LNG producers.According to data released by Shanghai Petroleum and Natural Gas Exchange (SHPGX) on Wednesday, Chinas comprehensive import price index for liquefied natural gas (LNG) rose to 2,647 yuan ($373.5) per ton, up 587 yuan, or ...
  • 【Welcome OLO New Member】Integlobal Sdn Bhd 20200618
    Total Logistics | CFS in Free Zone | Duty-Free OperationsWe specialize in CFS warehousing operations in theFree Zone, in both Port Klang Terminals: North Port West Portrespectively. Our capabilities range greatly from assisting forwarders / importersand exporters in trading their goods for import - re-export, regionaldistribution hub and devanning of their containers to distribute locally.Contact...
  • The 2nd OLO Global Logistics Cloud Meeting-Glory Stars Vote is coming! 20200616
    Show the industry style with diligence, establish industry model with integrity,The 2ndOLOGlobal Logistics Cloud Meeting super stars comes again.Reviewofthe1st Cloud Meeting, There is not only Punctuality Stars who enter the roomon time, there are also Diligent Stars almost three days negotiating without rest.It was their simplest behavior that made them the brightest stars in the whole meeting.Pu...
  • Transpacific ocean freight rates jump to 18-month high 20200615
    China-US West Coast ocean rates have climbed 17% in the past week due to tight capacity and an “unexpected” jump in demand, lifting rates to their highest level since January 2019, according to digital rates specialist Freightos.China-US West Coast prices jumped 17% since last week to an average of $2,160 per FEU, according to the FBX01 Daily index, lifting rates 48% higher than at this time last ...
  • China's Jan-Apr steel imports soar; to remain strong in Q3 20200615
    Chinas imports of both semi-finished and finished steel products surged in April, as prices and demand in China were stronger than in other markets. The strong imports are likely to continue into Q3, as import orders placed by Chinese buyers have remained robust in June.China imported 1.076 million mt of billet and 0.995 million mt of slab over January-April, soaring from just 70,000 mt and 20,000...
  • China's weekly export container shipping index dips 20200615
    Chinas index of export container transport edged down in the past week, according to the Shanghai Shipping Exchange.The average China Containerized Freight Index (CCFI) stood at 839.19, down 0.2 percent from a week earlier, according to the exchange.The sub-reading for the Southeast Asia service led the increase with a week-on-week growth of 2.3 percent, followed by those for Australia/New Zealand...
  • Shipping and ports collaboration–beyond COVID-19 20200612
    The importance of collaboration between all maritime sectors has been thrown into the spotlight during the COVID-19 pandemic and will be needed more than ever in the recovery phase, IMO Secretary-General Kitack Lim told a webinar on ship-shore relations. Mr. Lim highlighted ongoing challenges, including the need for crew changeovers for some 150,000 seafarers who need to leave their ships. However...
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