1.South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. 2.Chinese company Submarinergy has announced that it is ready to deliver the first batch of 5000 ton crude floating storage units(CFSU) this month. 3.Ahrenkiel Vogemann Bolten (AVB),has placed an order at Chinas Yangzijiang Shipbuilding for the construction of six 400...
Ocean air freight import/export | Weekly seaconsolidation service to the worldwide destinations | Custom brokers | Inland handlings | Project cargo handlings | Transshipment handling | Pick up freehouse deliveries(door to door)EFA is one of the leading shipping services transport company, providingall facilities under one roof import, export, packing, customs warehouse.Contact UsCountry/Region...
Accurately predicting exactly how staggered exits from COVID-19 lockdowns will impact global supply chains is all but impossible. In Europe, much will depend on the extent of the demand recovery and how easy it is to manage cargo flows and storage capacity, according to a senior logistics executive interviewed byLloyd’s Loading List.Asked whether the ramping-up of economic activity in Europe and t...
Kuehne + Nagel warned it faced significant challenges in the coming months as it reported sharp declines in first quarter profits, volumes and turnover due to the Covid-19 crisis.Dr Detlef Trefzger, CEO of Kuehne + Nagel International, said the coronavirus pandemic was “an immense global challenge” which had “significantly weakened” industrial production and trade volumes.Despite K+N describing it...
UK – Whilst we have been amongst thefirst to criticisethe over hyping of drones, particularly the airborne variety, as a key to the future of logistics, we have never doubted the advantages they offer in certainniche sectors. Now it seems the problems faced by isolated communities during the pandemic has inspired government to take advantage of a high profile PR opportunity at relatively little ex...
Forwarders are the “Architects of Trade” keeping fragile trade lanes open in the midst of a pandemic that has left the world economy reeling, according to Basil Pietersen, president of the International Federation of Freight Forwarders Associations (Fiata).He said freight forwarders were currently under “immense business and financial pressure” because supply chain disruptions and the economic dow...
COSCO SHIPPING Ports Limited, the world’s leading ports operator, today announced first quarter results of the Company and its subsidiaries for the three months ended 31 March 2020.2020 First Quarter Results HighlightRevenue was US$220.5 million -11% yoyGross profit was US$ 45.6 million, -34.9%yoyShare of profits from JV and associates was US$ 52.3 million, -15.5%yoyNet Profit was US$ 91.9 million...
On the afternoon of April 23, Piraeus Port Authority S.A. (PPA S.A.) donated a total of 80,000 masks and 288 bottles of antiseptic to four municipalities surrounding the Port of Piraeus in Greece: Piraeus, Keratsini-Drapetsona, Salamis and Perama.Mr.Fu Chengqiu, President of PPA S.A., attended the donation ceremony and gave an interview to local media. Noting that the Port of Piraeus is closely re...
The cost of buying and leasing containers surged in the first quarter of 2020, but the long-term impact of the Covid-19 crisis will see the global box fleet contract this year, according to shipping analyst Drewry.As reported inLloyd’s Loading List, shippers have struggled to find sufficient box numbers this year due tocoronavirus-induced supply chain chaos.However, according to Drewry’s latestCon...
——OLO First Global Logistics Cloud Meeting come to the end24:00 on April 30th, 2020(UTC+8), the First Global Logistics Cloud Meeting, hosted by OLO(Orange Logistics Organization), exclusively sponsored by Safety Group come to an end. Over 100 logistics enterprises in more than 40 countries and regions around the world gathered online and witnessed this special Cloud Meeting.In 2020, the COVID-19 b...
Freight rates are continuing to hold firm despite the current unprecedented collapse in global economic activity, not least in Europe and the U.S., the world’s major import markets.The ‘composite index’ of the World Container index (WCI) assessed by Drewry has decreased just 0.8% in the last week and is still 11.2% higher than a year earlier.Spot rates from Shanghai to New York declined 3% or $88 ...
On April 21, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, and Shanghai Construction Group signed a strategic cooperation agreement.
Shanghai Construction Group and Waigaoqiao Shipbuilding, one is a master architect on the land and the other is a master architect on the sea. They not only share the same ideas and development, but also have strong compatibility in engineering organizatio...
Chinese shipbuilder Cosco Shipping Heavy Industry said it has delivered a 28,000 cubic meter liquefied natural gas carrier.
This is the first-ever LNG vessel built and delivered by Cosco Shipping Heavy Industry’s Dalian shipyard, the shipbuilder said in a statement.
Dalian Inteh Group placed an order for the small-scale LNG carrier back in 2013 but the delivery of the vessel had been delayed sev...
Container lines face growing pressure to suspend low sulphur surcharges and drastically cut other fuel charges levied on shippers as the crash in oil prices dramatically reduces the cost of bunker fuels.Lines pass on the cost of fuel to customers via Bunker Adjustment Factor (BAF) fees and various Low Sulphur Surcharges (LSS) using complex methodologies which typically means there is a lengthy lag...
- Worldwide Air Sea Freight- On-Land Transportation-Consignment Handling and Processing- FCL/ LCL Services-Facilitationof Customs Clearance Documentation Management- Storage, Warehousing DistributionUnicon is a single source solution provider for all your logistics and trade needs. We provide world-class logistics and trade solutions across a multitude of industries with the unwavering support of...
Sea Freight | Air Freight | Break bulk Our company is Yuzhou International Freight Forwarders Ltd, we have office in Tianjin and Ningbo. Our company is in Tianjin port and nearby container yard. We are an A-Class International Freight Agency which was authorized by China National Ministry of Commerce. We are an official member of international freight forwarding association (TIFFA).Our bussiness ...
European ferry giant DFDS believes coronavirus lockdowns across Europe in the first half of 2020 will continue to threaten revenues and profits through much of the year.The Denmark-based operator saw earnings before interest and taxes (Ebit) slump 43% in the first quarter on a revenue decline of just 1% to DKK3.8 billion (€0.5 billion), despite reporting that until mid-March coronavirus had only a...
1.HMM Algeciras, the largest container vessel on earth with a TEU capacity of 24,000, started its maiden voyage from the port of Qingdao.
2.Chinese shipbuilder Cosco Shipping Heavy Industry said it has delivered a 28,000 cubic meter liquefied natural gas carrier.
3.Goldwind’s 6MW wind turbines were successfully hoisted to M.V. Xin Heng 9, marking the official launch of the second batch of the Th...
DHL Global Forwarding (DGF) reports strong global demand for its ‘Business Continuity Solutions’ offering which provides a range of storage options aimed at helping customers avoid unnecessary costs and delays in transit and at destination.“Many of our customers are requesting or using these custom-tailored solutions to make their business recovery-ready,” Dominique von Orelli, DGFs head of Global...
The collapse in the price of oil has not stopped container lines’ efforts to retrofit exhaust scrubbers to their vessels, but it is giving them an incentive to save on canal costs by rerouting many of their services.With oil prices hitting record lows in the past week as demand collapsed, bunker prices are also falling.IFO380 fuel oil prices have fallen to $190 per tonne in Singapore and $163 per ...
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