JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in Mobile : +91
98407 85202
Corporate News
Letter for Friday April 12, 2024.
:: Today’s Exchange Rates ::
Source : The
Economic Times RATES
|
CURRENCY |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
DAY's LOW-HIGH |
|
83.19 |
-0.129997 |
-0.156022 |
83.22 |
83.32 |
83.1525- 83.2375 |
|
|
1.0861 |
0.0004 |
0.036838 |
1.0857 |
1.0857 |
1.0848- 1.0866 |
|
|
105.6288 |
-0.019402 |
-0.018364 |
105.4961 |
105.6482 |
105.4208- 105.6371 |
|
|
90.3758 |
0.161804 |
0.179356 |
90.315 |
90.214 |
90.2357- 90.4103 |
|
|
151.828 |
0.068008 |
0.044813 |
151.76 |
151.76 |
151.685- 151.886 |
|
|
1.2698 |
0.002 |
0.157752 |
1.2678 |
1.2678 |
1.2669- 1.27 |
|
|
104.07 |
-0.078003 |
-0.074896 |
104.094 |
104.148 |
104.038- 104.166 |
|
|
0.5481 |
-0.0009 |
-0.16394 |
0.5494 |
0.549 |
0.5479- 0.5494 |
/// Sea Cargo News ///
ClassNK, Nihon Shipyard and IMC team up to expand anti-roll tank application to large boxships
Illustration
of a container ship equipped with ART (areas colored in yellow indicate ART).
Parametric roll is a type of resonance phenomenon where the ship’s roll amplifies, that occurs when the natural roll period is twice the wave encounter period
ClassNK
has established stringent requirements outlined in its "Guidelines on
Preventive Measures against Parametric Rolling (Edition 1.0)" to grant a
notation to ships equipped with ART.
Furthermore,
following ART-related research and development tank tests conducted in 2023
with the National Maritime Research Institute in Japan, ClassNK has verified
their effectiveness in mitigating both parametric and synchronous roll, while
also compiling valuable data.
For
expanding the application of ART to large container ships, NSY, a world leader
in the development of large container ships, IMC, which has extensive
experience in the design and sales of ART, and ClassNK have signed this joint
R&D agreement. Utilizing the obtained data and knowledge, each party will
collaborate to ensure the safer application of ART on an actual ship and
performance evaluation. The roles in the joint R&D are as follows,
|
NSY |
Design of optimal
installation plan of ART on large container ships |
|
IMC |
Demonstration of ART's
reduction effect on ship’s roll |
|
ClassNK |
Establishment of
appropriate evaluation methods for ART Updating guidelines and regulations
with more practical and concrete requirements |
ClassNK
said it will continue to strive to contribute to the safe operation of
container ships by establishing standards with utilizing outcomes obtained by
collaboration with industry frontrunners.
Maersk announces new peak season surcharges in Africa
Maersk has implemented a Peak Season Surcharge (PSS) for all dry
and reefer containers originating from North European and Mediterranean
countries to Djibouti, starting on 4 May 2024.
|
Surcharge |
Origin |
Destination |
Container Type |
New tariff levels |
Charge Basis |
|
PSS |
North European and Mediterranean
countries |
Djibouti, DJALL Container |
ALL Container |
US$300 |
Per Container |
In addition, the Danish liner operator will implement a PSS from
all regions worldwide excluding FEA to the Gambia. This surcharge will take
effect from 4 April 2024, for Non-Regulated countries and from 2 May 2024, for
Regulated countries.
|
Surcharge |
Origin |
Destination |
ALL_20 |
ALL_40 |
ALL_45 |
|
PSS |
World Excluding FEA |
Gambia |
US$150 |
US$300 |
US$300 |
Furthermore, Maersk is updating the PSS for shipments from
China, Hong Kong, and Taiwan to Angola, Cameroon, Congo, Democratic Republic of
Congo, Equatorial Guinea, Gabon, Namibia, Central African Republic, and Chad.
The updated rates will come into effect on 15 April 2024.
|
Charge Code |
Origin |
Destination |
Container Size/type |
Rate |
Charge Basis |
|
PSS |
China, Hong Kong, Taiwan |
Angola, Cameroon, Congo,
Congo, Dem.Rep.of, Equatorial Guinea, Gabon, Namibia, Central African
Republic, Chad. |
ALL_20 |
US$100/ US$300 |
Per Container |
|
PSS |
China, Hong Kong, Taiwan |
Angola, Cameroon, Congo,
Congo, Dem.Rep.of, Equatorial Guinea, Gabon, Namibia, Central African
Republic, Chad. |
ALL_40 & 45 HDRY |
US$200/ US$400 |
Per Container |
Peel Ports seeks bids for nearly US$1 billion
construction works
Peel Ports Group, the UK’s second-largest port operator, has
opened bidding for two new frameworks encompassing a significant, long-term
programme of construction projects across its UK and Ireland facilities, valued
at GB£750 million (around US$950 million) in total.
“Our ports form a network of busy logistics hubs servicing
local, national and global supply chains, and this move represents a huge step
in our efforts to futureproof that network, so we can keep responding and
adapting to our port users’ needs in an agile way," stated Lewis McIntyre,
managing director - Port Services at Peel Ports Group.
The port operator is seeking to appoint contractors for both
frameworks, which will span up to eight years. One framework will focus on
general construction, while the other will specifically address marine
construction.
These frameworks will entail construction projects throughout
Peel Ports' extensive portfolio of UK and Ireland ports, including prominent
locations such as the Port of Liverpool, Heysham Port, Manchester Ship Canal,
London Medway, Clydeport sites, Great Yarmouth, and Dublin Port.
Also, this strategic move reinforces Peel Ports' commitment to
fulfilling its extensive construction pipeline, which encompasses enhancements
to existing infrastructure and the development of new facilities.
"The long-term nature of these framework agreements allows
us to build meaningful, commercially sustainable partnerships with our
construction contractors. It further allows us to appoint a collection of
regional suppliers to give us breadth and depth of scope, skill, and
responsiveness; the way the frameworks are structured provides invaluable
opportunities for the successful partners to design and build sustainable
solutions for our various projects, in what will be a truly collaborative
approach as we aim for Net zero by 2040," added Lewis McIntyre.
The primary scope of the first framework encompasses a range of
general construction tasks, including but not limited to drainage systems,
construction and maintenance of roads and parking facilities, earthworks and
soil remediation, foundation and piling work, construction, maintenance, and
renovation of warehouses, as well as paving, surfacing, and concrete work.
Additionally, it includes rail construction, bridge construction and
refurbishment, and demolition activities.
On the other hand, the second framework focuses on specialized
marine construction activities, such as piling, asset renewal and
refurbishment, installation of berthing furniture and bollards, construction of
quay walls, maintenance and replacement of Lock and Sluice gates, and work
related to Roll-on/Roll-off (RoRo) facilities.
Moreover, the call for tenders highlights the necessity for
bidders to demonstrate excellence in meeting health, safety, environmental, and
quality standards, along with active engagement with local communities. Bidders
are also expected to support Peel Ports Group in its commitment to achieving
net-zero emissions by 2040. In addition, it stresses the importance of
employing lean construction methodologies and efficiently managing change.
The procurement process is anticipated to span throughout 2024,
with contract awards slated for the latter part of the year.
First
containers for two years arrive in Odessa
Port of Chornomorsk
A feeder service out of Constanta in Romania has delivered the
first containers since Russia’s 2022 invasion of Ukraine to Chornomorsk port in
what is intended to be a regular service to the greater Odessa region.
T-Mare, a Panamanian flagged general cargo vessel owned by
Marshall Islands registered Majoris Trading, was chartered on 1 February,
according to VesselsValue data, by Turkish forwarder Sea Pioneer Denizcilik to
operate a feeder service between Constanta and Odessa.
The vessel made its first call, carrying Maersk cargo, into
Ukraine on 3 April and the ship, which has a capacity for 373 TEUs nominally,
with 40 reefer plugs, is expected to complement Danube River container
services, expanding Ukraine’s ability to import and export vital cargoes,
including grains, metals and chemicals.
The ship entered Chornomorsk on the afternoon of 3 April and
made its return journey to Constanta on the same day. Ukraine opened its ‘safe
corridor’ following Russia’s decision not to renew the grain corridor agreement
in the summer of last year.
Daniil Melnychenko, an analyst with Ukrainian consultancy
Informall BG, told Container
News: “Up to now, container transportation has been carried out to
a limited extent through the Danube ports, but from today it will increase
significantly.”
He added that in March, the Deputy Minister of Infrastructure
Yuriy Vaskov had announced that all five greater Odessa region container
terminals were ready to process containers, but they will resume work in
stages.
“The traffic was supposed to start with the feeder ships, and
container lines would follow them in the absence of incidents,” said
Melnychenko.
Shippers and forwarders are struggling to achieve their cargo
handling targets on the limited and comparatively slow river barge services
that currently handle container cargo. However, Melnychenko expects container
lines will utilise the feeder service if it proves safe.
Russia’s military was opposed to the use of containers for the
controlled corridors because they feared that arms and equipment for the war
effort could be smuggled into Ukraine.
Since last year, however, Russian navy operations in the Black
Sea have been curtailed by Ukrainian military successes and this latest move
may be seen as an extension of those successes.
Russian military activity in recent times has targeted port
infrastructure with container handling equipment as a particular target.
Maersk, which, along with the Turkish carrier Akkon Lines, are
the only container lines to have continued to handle containerised cargo on the
Danube River using rail and barge operations by Maersk and Akkon uses coasters,
barges and a cellular vessel, and are both expected to utilise the feeder
service.
On the vessel’s first voyage the containers on board the T-Mare
were said to be almost exclusively Maersk boxes.
Melnychenko expects a second vessel could be added to the
service in the future if the initial operations are successful.
CMA CGM
increases rates from Asia to Med and North Africa
CMA CGM Chile / Source: VesselFinder.
CMA CGM has introduced updated Freight All Kinds (FAK) rates,
effective from 15 April to 30 April, from all Asian ports to the following
regions:
|
*For dry, OOG and Paying Empties |
20' |
40'/40'HC |
|
West Mediterranean |
US$3,300 |
US$4,200 |
|
Adriatic |
US$3,300 |
US$4,200 |
|
East Mediterranean |
US$3,400 |
US$4,300 |
|
Black Sea |
US$3,400 |
US$4,400 |
|
Algeria |
US$4,600 |
US$5,800 |
|
Tunisia |
US$4,500 |
US$5,700 |
|
Libya |
US$4,300 |
US$5,200 |
|
Morocco |
US$4,100 |
US$5,100 |
The French ocean carrier announced that a contingency
charge of US$500 per TEU is also applicable.
Batam
opens first direct container shipping link with China
SITC Hakata’s arrival ceremony in Batam / Credit: SITC
International Holdings.
The Indonesian resort island of Batam has opened its first
container shipping link with China, a move estimated by the municipal
authorities to save US$600 in shipping costs per container.
Speaking at the arrival of the 2001-built 1,098 TEU SITC Hakata
at Batam’s Batu Ambar Container Port on 31 March, Muhammad Rudi, mayor of
Batam, said, “We have realised a direct shipping connection to China, after
installing a quay-type container gantry last year.
Now, there’s no need for containers from China to be transhipped
in Singapore, coming to Batam, and this is an opportunity to expand direct
shipping links, not only to China but also to other countries. We hope that all
companies in Batam will take advantage of direct shipping connection to China.”
The direct shipping service was initiated by Persero Batam and
the Batam Concession Agency in collaboration with SITC Container Lines, a Hong
Kong-based intra-Asia carrier. The service connects Batam with the southern
Chinese cities of Guangzhou and Shenzhen. Indonesia’s many islands often mean
that for certain islands, seaborne container transportation involves
transshipment in either Jakarta, Surabaya, or Singapore.
The SITC Hakata carried 168 containers from Batam, and Persero
Batam director Arham Torik estimates that for a start, four or five companies
in Batam will use the service to export goods to China.
X-Press Feeders, the world’s largest independent common carrier,
signed a memorandum of understanding (MOU) with six European ports: Port of
Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki
(Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and
Klaipeda Port (Lithuania).
This agreement signifies a joint commitment to accelerate the
establishment of green shipping corridors and the broader decarbonization of
the marine sector in Scandinavia and the Baltic Sea.
Through this MoU, X-Press Feeders and the participating ports
will pool resources and expertise to develop and implement sustainable
practices for maritime operations.
According to the agreement, the parties will work together to
develop infrastructure for the provision and bunkering of alternative fuels,
encourage the development of supply chains for fuels that are zero or near zero
in terms of greenhouse gas emissions and provide training programs for port
workers and seafarers regarding the handling of alternative fuels.
Additionally, the partners are expected to leverage digital platforms to
enhance port call optimization and have regular meetings to update and discuss
progress on joint actions.
The collaboration between the parties will begin with the
establishment of these two shipping routes:
·
Green Baltic X-PRESS (GBX): Rotterdam > Antwerp-Bruges >
Klaipeda > Riga > Rotterdam
·
Green Finland X-PRESS (GFX): Rotterdam > Antwerp-Bruges >
Helsinki > Tallinn > HaminaKotka > Rotterdam
These services are scheduled to commence in the third quarter of
2024 and will be the first scheduled feeder routes in Europe powered by green methanol,
an alternative fuel that produces at least 60% less greenhouse gas emissions
than conventional marine fuel.
ONE
commences Irish Sea Express Service
Singapore-headquartered box line Ocean Network Express (ONE) has announced the launch of the Irish Sea Express Service (IRX), which is expected to offer customers enhanced coverage in Europe and a direct connection between Rotterdam and Ireland.
The new IRX service will also be anticipated to provide a reliable and quality-assured transport service as well as schedule integrity.
The first sailings of the new weekly IRX service will be as
follows:
2) Sling 2: ETD Rotterdam: 1 May 2024 / ETA Cork: 5 May 2024
3) Sling 3: ETD Rotterdam: 3 May 2024 / ETA Belfast: 7 May 2024
Maersk’s
OC1 service returns to Panama Canal
Maersk has decided to reinstate the Panama Canal transit on its
OC1 service, effective from 10 May, as the rainy season approaches and the
Panama Canal Authority recently introduced additional transit slots per day.
The service will return to its pre-existing rotation that was in
place prior to the current “two-loop” setup established with the Panama Rail
connection, which will be phased out by the end of May.
OC1 current rotation (current two-loop set up):
·
063 Service: Balboa (Panama) > Tauranga (New Zealand) >
Sydney (Australia) > Melbourne (Australia) > Port Chalmers (New Zealand)
> Tauranga > Balboa
·
062 Service: Philadelphia (US) > Charleston (US) >
Manzanillo (Mexico) > Philadelphia
OC1 new rotation (single loop):
·
061 Service: Philadelphia (US)> Charleston (US) > Panama
Canal > Balboa (Panama) > Tauranga (New Zealand) > Sydney (Australia)
> Melbourne (Australia) > Port Chalmers (New Zealand) > Tauranga >
Panama Canal > Manzanillo (Mexico) > Cristobal (Panama) > Cartagena
(Colombia)
Effective dates: Origin Departure & Canal Transit by
direction
/// Air Cargo News ///
IAG Cargo looks ahead to
return of Abu Dhabi connection
The cargo division of the IAG Group, which includes carriers
British Airways, Iberia, Aer Lingus and Level, will benefit from the
introduction of summer services from the group’s hubs in London, Madrid,
Barcelona and Dublin.
The Heathrow-Abu Dhabi flights will start on April 20 and will
operate daily utilising Boeing 787-9 aircraft.
The new flights form part of a 19% increase in weekly rotations to
Africa and the Middle East.
Key transatlantic routes will also see a boost in capacity, with
a 9% increase in services to Latin America and the Caribbean. This includes an additional three services
per week to Buenos Aires (EZE) and up to four services per week to Sao Paulo
(GRU) out of Madrid.
There will be a doubling of weekly services between London
Heathrow and San Diego (SAN) and an extra seven flights per week to Chicago
(ORD). IAG Cargo has also launched a new
service between Barcelona and Miami (MIA).
Camilo Garcia Cervera, chief sales and marketing officer at IAG
Cargo, said: “The new summer schedule will offer enhanced capacity and greater
flexibility for our customers. We are particularly pleased to expand our
offering in Africa and the Middle East, including the resumption of operations
in Abu Dhabi after a four-year absence from our schedule.
“Abu Dhabi International Airport is emerging as an increasingly
important regional logistics hub with state-of-the-art facilities and we are
excited to contribute towards its further growth.”
Photo:
SwissportSwissport Cargo Services Austria has been awarded TAPA FSR-C
certification for its air cargo logistics handling operations at Vienna
International Airport.
The ground handler received TAPA FSR-C certification from
Transported Asset Protection Association (TAPA) EMEA. This certification
reinforces Swissport’s ability to handle high-value and theft-sensitive goods.
Andreas Ottendorf, station manager for Vienna and Graz, stated:
“The TAPA certification not only validates Swissport Cargo Services GmbH’s
adherence to industry-leading security protocols but also solidifies its
position as a premier provider of freight services in Austria.”
Looking ahead, Swissport Cargo Services Austria said it is
committed to further enhancing its security protocols. Plans are already
underway to put in place TAPA FSR-A certification for the whole of Swissport’s
facility within the Fischamend cargo complex, close to Vienna Airport.
Swissport inaugurated its 8,000 sq m air cargo warehouse in
Fischamend in 2021. The facility is connected with Swissport’s on-airport cargo
centre at Vienna International Airport by a dedicated electric truck.
This allowed Swissport to further expand its cargo activities
and to grow its freight forwarder handling business. In 2024, 120,000 tons are
expected to be handled in Vienna.
Copyright:
Jaromir Chalabala/ Shutterstock
Network Cargo Management (NCM) and Philippine Airlines, the flag
carrier airline of the Philippines, have renewed their GSSA contract in Canada.
The longstanding partnership between the two companies has been
reinforced with the renewal of their GSSA contract for a further three years,
with effect from February 5.
“We are thrilled that Philippine Airlines have once again
renewed our GSA contract. Our teams in Canada have a strong focus on providing
elevated levels of quality customer service and offering viable solutions for
our customer’s cargo,” said Howard Jones, president of NCM in Canada, based in
its Toronto Pearson Airport-based office.
“These benefiting factors have contributed to the renewal of
this contract with PR and we are more than happy to continue our long-standing,
successful partnership.”
In recent months, NCM has also been appointed as the GSA for
Bringer Air Cargo in the US in 12 locations.
Photo:
Jaromir Chalabala/ Shutterstock
Saudia Cargo aims to further tap into the e-commerce market with
the addition of two weekly flights to Shenzhen, China.
The flights, which launched on March 15, operate with a Boeing
777-200F on Mondays and Fridays, said the Jeddah-headquartered Saudi Arabian
airline.
“This expansion enables Saudia Cargo to facilitate the seamless
transportation of goods between Shenzhen and Riyadh, with Riyadh being
identified as the most lucrative international market for Chinese businesses,”
noted Saudia Cargo.
The airline said that China is a crucial market for its
operations and the service aims to help meet the growing demand for e-commerce
air cargo services in the region.
“We are excited to announce the expansion of our operations in
Shenzhen, China, with the introduction of two weekly flights,” said Teddy
Zebitz, Saudia Cargo chief executive.
“This expansion underscores our commitment to providing reliable
and efficient air cargo services to our customers in China. With Shenzhen being
a key hub for e-commerce, we see tremendous potential for growth and are
dedicated to serving the needs of our customers in this dynamic market.”
He added: “The introduction of regular flights to Riyadh
presents significant opportunities for Chinese businesses, particularly in the
e-commerce sector. Shenzhen is widely recognised as a hub for e-commerce,
hosting major players such as Alibaba, Temu, and TikTok.
“By better servicing key clients, Saudia Cargo aims to cater to
the increasing demand for air cargo services, especially for e-commerce.”
Saudia Cargo said it is currently collaborating with major
Chinese players, including Cainiao, the logistics arm of Alibaba.
In 2021, Cainiao Smart Logistics Network and Saudia Cargo teamed up on five weekly
flights from Hong Kong to Liege in Belgium, with Riyadh as a connection point.
The partnership has since served to boost the airline’s e-commerce volumes.
More recently, Saudia Cargo, Worldwide Flight Services (WFS) and
Cainiao Group launched a strategic collaboration at
Liege Airport to boost the efficiency of cross-border e-commerce trade.
UPS wins US postal air
cargo contract
UPS has been awarded a contract by the United States Postal
Service (USPS) to become its primary air cargo provider.
UPS has been awarded a contract by the United States Postal
Service (USPS) to become its primary air cargo provider. The contract is
effective immediately, but there will be a transition period as UPS takes over
from FedEx, which has had a long-term mail contract with USPS. This new contract will see UPS move the
majority of USPS air cargo in the US.
“Together UPS and USPS have developed an innovative solution
that is mutually beneficial and complements our unique, reliable and efficient
integrated network,” said UPS chief executive Carol Tomé.
Georgia-headquartered UPS announced its contract with the postal
service on April 1.
Air Cargo News‘
sister title FlightGlobal reported
that Tennessee-based FedEx said its domestic transportation agreement with USPS
will expire on September 29 in a decision made “following extensive
discussions”.
FedEx had been open to extending its contract to be the USA’s
primary air mail carrier “if we could agree to commercial terms in the best
interests of FedEx shareholders”, but says it was unable to reach a favourable
agreement.
Over the course of a “long and productive relationship for more
than 20 years”, the company says its strategies have shifted from those of
the postal service ”as we transform our networks and operations for the
future”.
At the conclusion of the contract, FedEx plans to adjust its network in a
bid for greater efficiency and flexibility.
“The elimination of structural costs currently in place to
support postal service volume will be addressed,” it said.
UPS has had a tough start to the year. In January, the company
announced that its revenues in the fourth quarter dropped
nearly 8% year on year as volumes fell in both the domestic and international
segments.
The company said it would cut more than 12,000 jobs as
part of efforts to reduce costs in light of continuing market weakness.
I reckon you have enjoyed
reading the above useful information.
Have a nice day.
Thanks & kind regards
ROBERT
SANDS, Joint Managing Director
Jupiter
Sea & Air Services Pvt Ltd
Casa
Blanca, 3rd Floor, 11, Casa Major Road, Egmore
Chennai –
600 008. India.
GST
Number : 33AAACJ2686E1ZS.
Tel : + 91 44 2819 0171
/ 3734 / 4041
Mobile : + 91 98407
85202
E-mail : robert.sands@jupiterseaair.co.in
Website : www.jupiterseaair.com
Branches :
Chennai, Bangalore, Mumbai, Coimbatore, Tirupur and Tuticorin.
Associate Offices : New Delhi, Kolkatta, Cochin & Hyderabad.
Comments
Post a Comment