Country/Region:AustraliaCity:Sydney- 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 indus...
A shortage of storage capacity for ocean freight imports into Europe is proving a major headache for forwarders and the onus is on finding a mix of different solutions to avoid unnecessary costs and delay in transit for shippers, according to a senior freight forwarding industry executive.The issue has arisen due to orders that were placed during the initial outbreak of coronavirus in China that s...
1.Six Chinese government units have jointly released a notice to further guide and facilitate Chinese crew changes at domestic ports. 2.China Development Bank Financial Leasing has entered into a contract with New Ocean Shipbuilding in Jiangsu for the construction of eight bulkers. 3.Japanese owner NYK has placed an order at Chinas Nantong Cosco KHI Ship Engineering(NACKS) for the construction of ...
During the COVID-19 pandemic, crew change has become one of the greatest challenges to ship operators. It is widely recognized in the maritime industry that the regular change of seafarers is essential to keep the global trade, transport moving. IMO has issued its circular letter on 27 March, 2020 to recommend governments to grant professional seafarers and marine personnel with any necessary and ...
Air freight rates are continuing to surge, especially ex-China and in particular Shanghai, as the rush for personal protective equipment (PPE) from China by governments and health agencies around the world uses up much of the diminished available air freight capacity in the market and further drives up prices.The latest trading update from Freight Investor Services (FIS) for the seven days to Mond...
As demand for air freight capacity continues despite the current inflated rates on many lanes, driven by the rush to ship healthcare equipment, passenger airlines are expanding their cargo-only flight networks.United Cargo has increased its programme of cargo-only flights to 150 per week, using Boeing 777 and 787 aircraft from Uniteds passenger fleet, noting thatsince the start of its charter flig...
A shortage of storage capacity for ocean freight imports into Europe is proving a major headache for forwarders and the onus is on finding a mix of different solutions to avoid unnecessary costs and delay in transit for shippers, according to a senior freight forwarding industry executive.The issue has arisen due to orders that were placed during the initial outbreak of coronavirus in China that s...
Ocean freight rates appear to be staying relatively firm, despite falling demand, as lines exhibit “a high degree of capacity management discipline during the Coronavirus pandemic”.The ‘composite index’ – the combined average freight rates on the major east-west container trades – according to the World Container index (WCI) assessed by Drewry, decreased 1.7% last week to an average of $1,504 per ...
On the afternoon of April 22, China State Shipbuilding Corporation and Qatar Petroleum formally signed a Qatar Petroleum-CSSC LNG Ship Construction Project with a total amount of more than 20 billion yuan.This also signifies that Hudong Zhonghua, a subsidiary of CSSC, has finally won the largest shipbuilding export contract in China, and opened a new era in Chinas LNG ship construction projects.LN...
Representatives of freight forwarders and shippers are challenging new cargo handling surcharges being imposed by air freight handlers, calling on air freight handlers to fully justify new fees and questioning their near-simultaneous introduction by several companies on competition grounds.Lloyd’s Loading List understands that several air freight handlers have introduced new fees in the UK, includ...
Shipping Agency | Project cargo specialists | Customs clearance and Transportationwithin GCC | Storage WarehousingWe are with over 20 years of experience in the field of Shipping and Freight Forwarding. We enjoy excellent relationships with local Port Customs Authoritys to ensure smooth handling of shipments across UAE Airports/Seaports.Office in Dubai(HQ) - Sharjah - Abu Dhabi - MumbaiContact Us...
1.US oil prices crashed to the negative -37.63 dollars a barrel for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. 2.UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy. 3.Dalian Maritime University is in discussions with Dalian Shipbuilding Industry (DSIC) on the establishment of a ...
Freight forwarders may see volume declines of 20%-30% in air and sea freight in the second quarter of this year with a “trough” of 30%-50% in April, following declines of around 10% for the first quarter of 2020, according to investment analysts Jefferies.Analysis published today by the logistics investment specialist estimated that the major freight forwarders such as DHL, DSV, Kuehne + Nagel and...
On March 31, Shanghai Waigaoqiao Shipbuilding successfully delivered the 180,000-ton bulk carrier SOLAR MAJESTY for South Korean Polaris Shipping.Ye Jie, Minister of Shanghai Waigaoqiao Shipbuilding Marketing Department, Zheng Minsheng, Deputy General Manager of Asia-Pacific Department of China Shipbuilding Trading, and Mr. KIM JO, Shipowners Commercial Representative, achieved cloud delivery by t...
Market demand patterns:How have market demand patterns been evolving over the last few weeks, in terms of ocean, air, overland and logistics, and what are you experiencing currently? Which sectors have seen the most significant changes in terms of falls or surges in demand? How much have these increases or decreases been?Air freightExperts are calling COVID-19 the black swan event of the air freig...
1.As of April 15th, 3,500 crew members have shifted and boarded ships at the relevant ports in China. 2.Chinas comprehensive import price index for liquefied natural gas (LNG) went up last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). 3.Chinese oceanographic research ship Xiangyanghong 06 is sailing to the Pacific Ocean from a port in east Chinas Shandong Province for a ...
A pair of parallel pipelines in white and green stretch from the shore of Zhoushan in East Chinas Zhejiang province, where night and day they pump oil, water and marine fuel onto ships waiting just off the coast.It has become a common scene at the China (Zhejiang) Pilot Free Trade Zone, which since its establishment three years ago, has grown to become the countrys largest refueling port.The Zheji...
On 3 April 2020, the Singapore Ministry of Health (MOH) issued a media release on “Additional Measures to Minimise Further Spread of COVID-19”. All business, social, or other activities that cannot be conducted through telecommuting from home will be suspended from 7 April 2020 to 4 May 2020 (inclusive). Essential Services and their related supply chains, as well as entities that form a part of th...
Global air cargo capacity has begun to stabilise following several weeks of massive declines, but remains 35% below 2019 levels and down by double-digit percentages across all trade lanes – including falls of more than 60% from Europe to North America, Latin America and Africa – according to freight forwarder Agility Logistics.Based on data from Seabury, the analysis indicates that global widebody...
New research published yesterday predicts that China will lead the $1bn autonomous shipping market by 2025.A new report published today by technology research and innovation consultancy Thetius, predicts that the People’s Republic of China will lead the autonomous shipping market by 2025. Researchers analysed close to 3,000 patents relating to autonomous shipping technology and found that 96% of t...
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