JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.

E-MAIL : Robert.sands@jupiterseaair.co.in   Mobile : +91 98407 85202

 

Corporate News Letter for  Saturday  April 20,  2024.

                                                                                                                       

::               Today’s Exchange Rates           :: 

Source : The Economic Times RATS

CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

DAY's LOW-HIGH

USD/INR

83.54

0.00

0.00

83.50

83.54

83.49- 83.5525

EUR/USD

1.0673

0.00

0.00

1.0673

1.0673

1.0665- 1.069

GBP/INR

104.1984

0.046402

0.044552

104.0823

104.152

104.0661- 104.2643

EUR/INR

89.1488

0.336906

0.379348

89.147

88.8119

89.1239- 89.3034

USD/JPY

154.399

0.009003

0.005831

154.39

154.39

153.961- 154.426

GBP/USD

1.2473

0.0019

0.152568

1.2454

1.2454

1.2448- 1.2485

DXY Index

105.881

-0.07

-0.066068

105.949

105.951

105.741- 106.002

JPY/INR

0.5411

0.0009

0.166611

0.5412

0.5402

0.5409- 0.5421


///                     Sea Cargo News          ///


Renowned economist predicts decline of large container vessels in future trade landscape


Marc Levinson


The large container vessels might become increasingly obsolete, according to the renowned economist, historian and journalist Marc Levinson, in a future trading landscape, where trade is more fragmented and regionalised, involving shipping over shorter distances, and the volume of product shipped grows more slowly due to advances in technology.

“I don't think that these enormous vessels are really so practical, aside from the fact that they don't really seem to have the economies of scale that were promised,” he highlighted on The Freight Buyers’ Club. “We've seen that they lack flexibility in the face of a changing world economy.”

He added, “The average distance of international trade is becoming shorter. I think the reasons for this are obvious. Some trade is regionalizing. In other cases, you've got a lot of great growth in new countries where the distance to trading partners is relatively short.

“So you might want a 25,000 TEU ship to carry freight between Shanghai and Rotterdam, but is it really the most efficient way to carry freight between Shanghai and Mumbai, or Singapore or Indonesia, or places where you're now seeing substantial industrial growth?

“In those cases, I think the time required to deal with these giant ships in port will outweigh any advantages that may come from the size of the vessel.”

In another part of the podcast, Levinson noted that some of the new tariffs proposed by former US president Donald Trump were “a threat to trade”.

Trump has warned he will impose a universal baseline tariff of 10% on all imported goods, and tariffs of more than 60% on imports of Chinese goods if he wins the upcoming US election in November.

However, despite geopolitical flashpoints and conflict dominating the start of the current year and protectionist economic policies gaining ground worldwide, Levinson said fears in some quarters of a return of mercantilism or a new Cold War were overblown.

“I think mercantilism is probably a bit strong, but we're definitely moving to trade in some parts of the economy being much more driven by governments,” he noted.

Hapag-Lloyd implements reefer surcharge from India to Arabian Gulf



German ocean carrier Hapag-Lloyd has announced the implementation of a Peak Season Surcharge (PSS) for shipments from India to Arabian Gulf Ports.

The surcharge will apply to all sailings starting from 20 April 2024 and will remain in effect until further notice.

Here are the details of the PSS:

·        20' Reefer Container: US$100

·        40' Reefer Container: US$200

The geographical scope of this PSS is as follows:

·        From India: Nhava Seva, Kandla and Mundra

·        To Arabian Gulf Ports: Umm Qasr in Iraq and Dammam in Saudi Arabia.


ClassNK approves NYK Line’s 3D design drawings of multi-purpose container ship


ClassNK has approved the basic design drawings of a multi-purpose container carrier developed by Nippon Yusen Kabushiki Kaisha (NYK Line) utilizing 3D models.

This milestone marks the world's first ocean-going ship to complete the basic design process, including class approval, solely through 3D drawings from the conceptual design to the basic structural design, during the initial stages of ship construction.

Traditionally, the sharing of design information among shipyards, ship owners, and class societies has relied on 2D drawings, necessitating the conversion of shipyard-created 3D models into 2D drawings for approval processes.

This practice, along with the input of drawing data into the class society's ship structure design support system and the model modifications by designers, has posed challenges in terms of time and cost for both parties. Additionally, accurately interpreting complex 2D drawings requires extensive experience and expertise, resulting in the precision of information sharing among parties dependent on the individuals involved.

Image of 3D drawings / Courtesy of NYK Line.

Recognizing these challenges, NYK Line and ClassNK have been advancing a project to enhance the utilization of 3D models in new ship designs. The 3D model data created by NYK Line on its ship design 3D CAD system was processed with the interface system of ClassNK's PrimeShip-HULL, a ship structure design support system provided by ClassNK and ensures the use of consistent design data across different tools.

ClassNK has completed all plan approvals at the basic design stage without the need for the conversion to 2D drawings.

Moving forward, ClassNK will continue to work on standardizing the 3D plan approval scheme and strive to support digitalization and advanced initiatives in ship design.

Veson Shipping Market Outlook: Chinese economy’s recovery, elevated interest rates and ongoing political tensions add to an atmosphere of uncertainty


Port of Brisbane

Veson Nautical, which delivers maritime freight management solutions, said there are several elements of unpredictability affecting the shipping market forecasts for the second quarter of 2024.

The Chinese economy's recovery currently teeters on instability, casting a shadow of uncertainty over the industry due to China's pivotal role as a major demand driver. Elevated interest rates in Western economies heighten the risk of a severe downturn, potentially stalling prospective growth.

Ongoing geopolitical tensions, coupled with related repercussions and sanctions, add to an atmosphere of uncertainty; any notable escalation or de-escalation in these conflicts could profoundly affect the broader economic trajectory. And lastly, the potential for disruption in the Panama Canal and Suez Canal, influenced by both natural occurrences and the unpredictable nature of certain military groups, is injecting an additional element of instability into the economic landscape.

Here’s a breakdown of how this uncertainty could play out across tankers, bulkers, containers, and gas industries.

Tankers

·        Volatility in rates and expectations will continue with movements in the oil price, Russian volume developments, OPEC+ decisions, and member compliance, as well as China’s ability to maintain economic growth and high crude imports and refinery runs.

·        Uncertainty surrounding the extent to which Russian production and exports will be affected by sanctions imposed by authorities or via voluntary measures taken by traders, shipowners, insurance companies, and oil companies will continue to influence activity in the foreseeable future.

·        After picking up in 2023, Tanker ordering has continued this past quarter. The total DWT ordered so far is more than twice the amount ordered during the first quarter of 2023, despite high new building prices.

·        Tonne-mile demand expectations in 2024 and beyond remain strong in our current Base Case, following negative developments in both 2020 and 2021 for the total Tanker market, including both crude and product carriers.

·        During 2024, tonne-mile demand will be boosted by the impact of vessels avoiding the Red Sea, a development which could be reversed during the next couple of years of our forecast period.





Bulkers

·        Modest growth in demand is expected to surpass low growth in supply, paving the way for a fundamentally strong market balance.

·        The current canal disruptions and the consequent rerouting of vessels are adding an additional layer of upside in the near term as tonne-miles are significantly affected.

·        China is investing heavily in green energy and has become a leading producer of new energy vehicles and solar panels. This trend is expected to continue, which will support domestic steel demand.

·        The anticipated opening of the Simandou iron ore mine in Guinea in 2025 is poised to reshape the dynamics of the iron ore trade and will likely increase iron ore tonne miles due to the longer sailing distances.

·        Coal demand is expected to peak this year but is predicted to remain firm in the foreseeable future.

A low order book and hesitancy to invest in new vessels amid fuel-related uncertainties have restricted the upcoming deliveries in the Bulker sector. This has created a favourable supply situation for shipowners, as net fleet growth is limited.



Containers

·        Our current analysis points to demand growth of 3.1% yearly average over the period from 2024-2027, with a forecasted growth of 2.4% for 2024.

·        In conjunction with easing congestion, rates have come down sharply and are expected to bottom out between the second half of 2024 and the first half of 2025, before rising somewhat as the pains of returning to normal abate. Despite the non-fundamental increase in freight rates in the past months, we believe rates will come under pressure and continue to decline in 2024.

·        With almost 9 million TEUs entering the market over the next couple of years, we expect a supply surplus. Looking at the order book, dual fuel vessels account for c.45% in terms of vessels and even more in terms of TEUs, indicating liners are well underway in the green transition, with LNG and Methanol being the preferable solution. The order book is still significant at c.27% of the fleet at the beginning of 2024.

Scrapping activity has remained muted with 0.13 mil TEUs in 2023, but this is expected to increase going forward. With the EU ETS being live and a general tightening of CO2 emissions regulations, we anticipate that operating elderly, non-eco vessels will become increasingly costly.



Gas

·        In the US, we expect LPG production to grow at a slower speed than previous years and forecast a growth of 2.1% in 2024. Exports will also grow at a moderate pace in 2024 due to the latest terminal expansion in the fourth quarter of 2023.

·        VLACs have been a hot topic lately, with several vessels expected to be delivered in 2026 and 2027. However, we do not expect the new vessels to load ammonia in their first few years, but rather LPG until the ongoing blue and green ammonia projects reach sufficient volumes.

·        Earnings are forecasted to see a correction throughout 2024 as US production growth is expected to be modest and domestic consumption is likely to increase.

·        The stress on transits through the Panama Canal is likely to see large seasonal variations, with the recent draught in the Gatun Lakes as something that could substantially impact VLGC transits in the following years. However, we expect an increase in daily transits for 2024 as the water level projections are improving according to the Panama Canal Authority.

·        Asian demand for LPG is forecasted to see slight growth in 2024 for PDH plants and domestic consumption as economic growth is moderate and oversupply is still a concern. We forecast a continuation of the current trade pattern in the ammonia market, with increasing demand in Asia.

In the petrochemical gas trades, US ethylene is expected to continue to ship to Asia and Europe on price competitiveness.



The Veson Shipping Market Outlook was written by Rebecca Galanopoulos Jones, Senior Content Analyst at Veson Nautical

Astrid Mærsk’s first-ever green methanol bunkering in China




Maersk marked a significant achievement with the arrival of the large methanol-enabled vessel "Astrid Mærsk" at Yangshan Port in Shanghai.

This milestone event signifies the inaugural green methanol bunkering alongside cargo and bunkering operations in China, facilitated through collaboration with the Shanghai International Port Group (SIPG).

As Maersk commemorates a century of serving China's foreign trade, the event highlights the company's commitment to reducing carbon emissions in the maritime sector and acknowledges its extensive history of cooperation with partners and stakeholders involved in Chinese international trade.

"For a century, Maersk’s conviction to facilitating global supply chains has been the driving force behind our active contribution to China's foreign trade, with substantial investments in infrastructure, services, and people. As we continue to pioneer sustainable practices, the deployment of large methanol-enabled vessels in the Asia-Europe trade showcases both rich heritage and the beginning of an exciting new era based on strong partnerships. 

For the energy transition to succeed, we need to go together, and we are working closely with dedicated partners like SIPG, customers, industry peers and regulators to cross the next frontiers in making green ocean transport the easy choice," stated Vincent Clerc, CEO of A.P. Moller-Maersk.

This initiative also showcases Shanghai's readiness and dedication to environmental leadership, establishing a model for other ports in both China and globally to emulate.

"We are thrilled to partner with Maersk in our joint pursuit of this ambitious goal of decarbonization. Maersk and SIPG have responded to the new trend of the industries’ green and low-carbon development, and have conducted fruitful cooperation in this field. 

Today, the first green methanol bunkering with simultaneous operation for a large ocean-going vessel at Shanghai port marks a new milestone between the two parties. It will undoubtedly enhance the strength of the Shanghai port to establish it as a major regional hub for green methanol fuel bunkering," commented Jinshan Gu, chairman of Shanghai International Port Group.

Following its naming ceremony in early April, the "Astrid Mærsk" sailed from Yokohama, Japan to Shanghai. This vessel marks the second of Maersk's 18 significant methanol-enabled ships, anticipated for delivery between 2024 and 2025.

"We are delighted to bring 'Astrid Mærsk' to Shanghai and marking the first green methanol bunkering in China. This signifies a remarkable proof point of vital green methanol infrastructure coming into place and it underscores our focus on creating long-term value by seeking innovative solutions, foster collaboration, and embrace adaptability to meet the evolving demands of the society, customers and employees.

With sustainability at the forefront of our agenda, we are committed to leading the way in decarbonizing global logistics for a greener future," said Silvia Ding, managing director of Maersk Greater China.

Arkas Line breaks newbuilding hiatus with four-ship order in China



Turkish box carrier Arkas Line has ordered four 4,300 TEU container ships at China's CSSC Huangpu Wenchong Shipbuilding. Arkas said the total contract value is US$240 million and the ships are expected to be delivered between February and August 2028.

The company said, “Built as an eco-designed new generation ship, the ships will support Arkas' sustainability strategy by reducing carbon emissions thanks to their fuel performance measurement system as well as their capacity.”

It is the first time in nearly eight years that Arkas has ordered a newbuilding. In October 2016, Arkas commissioned four 3,158 TEU ships at Zhoushan Changhong International Shipyard; these vessels have since been sold.

In January, Arkas and its compatriot peer, Turkon, joined Hapag-Lloyd's weekly Mediterranean - US East Coast USX service. Alphaliner’s report today (10 April) noted that in June 2022, Turkon had ordered a 4,000 TEU pair at its affiliated shipbuilder, Sedef Shipyard, and these ships are expected to be assigned to the USX service.

Alphaliner said, “The new Arkas ships could be earmarked for the same route and they will be the largest in the carrier’s fleet. The North Europe-West Africa trade, where Arkas Line is also partnering with Hapag-Lloyd, could be another potential trade for some of the new ships.”

Arkas, with its feedering unit EMES, is ranked 31st among box lines worldwide, operating 36 container vessels of 59,500 TEUs, including 31 owned ships.

Wärtsilä ANCS introduces revolutionary radar system



Wärtsilä ANCS, a division of the technology group Wärtsilä, has unveiled the NACOS Platinum Solid State X-Band Radar, a groundbreaking radar system set to redefine safety and reliability standards in marine navigation.

Engineered with cutting-edge solid-state transceiver technology, this system boasts a compact housing and gearbox, eliminating the necessity for conventional magnetrons. This design ensures minimal maintenance requirements and reduces lifecycle costs for vessel operators, all while maintaining top-notch performance, according to Wärtsilä.

The NACOS Platinum Solid State X-Band Radar offers a range of key benefits, including optimized target detection in various environmental conditions, enhanced target tracking through independent signal processing, and adaptive pulse transmission for superior hazard recognition.

Moreover, the radar's advanced signal processing capabilities and intelligent filter algorithms deliver exceptional target presentation, enabling unparalleled long-range target detection without the need for preheating and tuning.

"At ANCS, we push the boundaries of maritime technology to enhance safety and efficiency at sea. The NACOS Platinum Solid State X-Band Radar is a significant advancement in radar technology, offering our customers unprecedented levels of safety, reliability, and cost-effectiveness," stated Eberhard Maass, head of Product Navigation, Wärtsilä ANCS.

In addition, the NACOS Platinum Solid State X-Band Radar seamlessly integrates with all NACOS Platinum Navigation Systems, ensuring effortless retrofitting and offering vessel operators a straightforward pathway to upgrading to cutting-edge radar technology.

APM Terminals Gijón handles largest container ship in port history



This month, APM Terminals Gijón successfully managed the arrival of the largest container ship ever to visit the Port of El Musel on Spain’s northern coast.

MSC Katyayni, measuring 275 meters in length and 40 meters in width, docked at the terminal for a total of 33 hours, during which 740 containers were loaded and unloaded.

Enhancements made to the terminal to accommodate larger vessels will boost competitiveness for importers and exporters in northern Spain. Moreover, the introduction of a Post-Panamax QC903 ship-to-shore crane last year, coupled with improvements in operational capabilities stemming from the adoption of lean working methodologies by APM Terminals globally, has enabled the terminal to manage the surge of larger ships efficiently.

The new crane boasts a nominal load capacity of 40 tons, a height under spreader of 33 meters (eight meters more than the crane it replaced), and a 16-rows outreach (three rows more than its predecessor). For vessels exceeding 250 meters, the terminal offers a maximum draft of 10.2 meters.

Liberian Registry earns QUALSHIP 21 for 2024-2025



The Liberian Registry, recognized as the world's largest shipping registry, has once again qualified for the QUALSHIP 21 (QS21) program for 2024-2025 as awarded by the United States Coast Guard (USCG). This acknowledgment highlights the Registry's steadfast dedication to maintaining exceptional standards within the maritime sector.

The QS21 initiative recognizes both vessels and flag administrations that consistently adhere to rigorous safety and quality protocols while navigating through and engaging in port activities within the United States. Moreover, to qualify for this esteemed program, flag administrations must maintain a Port State Control (PSC) detention ratio of less than 1% over a three-year duration, with a minimum of 10 annual PSC inspections.

"Achieving QS21 is a humble testament to the collective efforts of our team and our dedication to ensuring the highest standards of safety and quality. We are grateful to our owners and operators of the Liberian Registry's fleet, this honour reflects our shared goals.

Furthermore, I look to the future and hope to see more collaboration from both USCG and other Port State Control administrations. Our cooperation with the USCG aims to foster mutual understanding, which in turn will enable flag states to act proactively and transparently to achieve our common objectives," stated Alfonso Castillero, CEO of the Liberian International Ship and Corporate Registry (LISCR).

///                     Air Cargo News            ///


DHL and Prada make fashion greener with SAF

Photo: DHL

DHL Global Forwarding has announced the first investment of the Prada Group in Sustainable Aviation Fuel (SAF) credits, utilising DHL Global Forwarding’s GoGreen Plus service.

Already in 2023, the partnership with DHL allowed Prada Group to save approximately 4,500 metric tons of CO2e, which would correspond to 7% of the Group’s total transport associated emissions.

By leveraging sustainable fuels, DHL Global Forwarding is able to support customers in effectively reducing their transport emissions from airfreight.

SAF allows for a reduction of greenhouse gas emissions by at least 80% compared to conventional aviation fuel. The fuel itself is produced from waste sources, such as used cooking oil and food waste. DHL follows hereby an insetting approach, utilising sustainable fuels to reduce emissions directly at the source.

Air carriers use sustainable biofuels on behalf of DHL, leading to reductions in emissions. These emission reductions are transferred to DHL, who then allocates them to the shippers in the form of certificates.

“In today’s world, it is crucial to establish a clear roadmap for decarbonization that involves carriers, SAF manufacturers, regulators, and customers. We are proud that Prada Group has chosen to leverage the expertise of DHL Global Forwarding to form a partnership that we believe will drive the much-needed change forward,” said Mario Zini, managing director of DHL Global Forwarding Italy.

The SAF utilised by DHL for the Prada Group is certified by the International Sustainability & Carbon Certification (ISCC). This certification guarantees that the fuel is produced in compliance with rigorous sustainability standards.

The ISCC is an independent initiative and renowned certification system that promotes sustainable, traceable, deforestation-free, and climate-friendly supply chains. It covers various materials including sustainable agricultural biomass, biogenic wastes and residues, non-biological renewable materials, and recycled carbon-based materials.

 

Embraer and Correios sign MoU to develop air cargo

Photo: Embraer

Embraer and Brazil’s state-controlled postal company, Correios, have signed a Memorandum of Understanding (MoU) that will see the companies conduct joint studies to optimise and expand the Brazilian and international air networks for large cargo and goods.

The partnership will seek to increase Correios’ efficiency in air transport and reduce operation costs compared to other modes. It will also evaluate challenges and opportunities for new business models involved in Embraer platforms, such as the E-190F, E-195F, and C-390 Millennium.

“With this partnership, we will be able to bring more efficiency to our logistics network and thus benefit the Brazilian population, which is our greatest mission as a public company and representative of the federal government,” said Fabiano Silva dos Santos, president of Correios. 

“We are the largest air cargo operators in the country; no other logistics company has even half the airlines and cargo handled by Correios.” He added that the remodelling of the company’s air network is part of its modernisation project, Correios do Futuro (Correios of the Future).

“We are very pleased to collaborate with Correios in studying a more efficient logistics network for the transport of goods, both in Brazil and internationally. Embraer has a consolidated aircraft portfolio, and the solutions to be studied together will allow Correios to expand its service offering to its customers with high reliability and efficiency,” commented Bosco da Costa Junior, president and chief executive of Embraer Defense & Security.

Embraer’s first passenger to freighter E190F aircraft has recently successfully completed its first test flight in São José dos Campos, Brazil. 

The company said it “is on schedule to complete its first conversion from E-Jet to a cargo version of the aircraft”, after launching its programme to convert E190 and E195 passenger aircraft to freighters in March 2022.

Embraer said it currently has two contracts for converting up to 20 E-Jets into freighters.

Turkish Cargo sees volumes and revenues decline in 2023

Source: Turkish Cargo


Turkish Cargo saw revenues and volumes decline last year on the back of lower airfreight rates and a weaker air cargo market.  The Istanbul-hubbed carrier saw cargo revenues decline by 30% year on year in 2023 to $2.6bn, while cargo volumes fell by 1.2% to 1.7m tons.

The declines reflect overall market conditions as volumes for the year are estimated by IATA to have fallen by around 3.7% and yields were down by just over 30%.

Turkish Cargo pointed out that volumes were also in the first part of the year affected by the devastating earthquake that hit the country in February.

Source: Turkish Airlines.


The airline pointed out that volume performance improved as the year progressed and in the final quarter of the year demand increased by 12% – the first quarterly improvement registered since 2021.

It added that cargo ton kms were up 16% compared with 2019 due to fleet expansion.  Meanwhile, the cargo revenue decline slowed to 3% in the fourth quarter.

“Tripling its market share in airfreight market in the last 10 years, our company bolstered its success by ranking fourth among the world’s top air cargo carriers according to IATA’s 2023 data,” the company said.

Turkish Cargo’s share of overall revenues also normalised during the year, returning to 12.4% from 20.3% last year. In pre-Covid 2019 the figure stood at 12.8%.

In terms of freighter fleet, the carrier added three unspecified wet-leased aircraft last year to bring its freighter fleet to 24 aircraft: 10 x A330Fs, 8 x B77Fs and 6 x unspecified leased aircraft.

 

United Cargo opens Newark Airport facility

Newark Airport facility. Photo: United Cargo


United Cargo has opened a 165,000 sq ft cargo facility at Newark Liberty International Airport (EWR).

The extra cargo handling capacity that the new facility at 100 Frontage Road provides will support United Airlines’ plan to fly more widebody aircraft at EWR. The facility is a five-minute drive from the airline’s 154,000 sq ft on-airport facility at 344 Brewster Road.

The facility includes 40 loading dock doors with aluminum grill grates and insulated panel doors; eight high-speed roll up doors on weight activation sensors; 38 trailer truck stalls across from the dock for truck trailer staging; 1,008 skids of total pallet storage volume on racking; eight quad outlets and four duplex outlets in the ULD storage racking; 58 PMCs of total ULD storage capacity on racking; 48 ft high ceiling, allowing for future racking growth; and 100% electric MHE forklifts.

Temperature-controlled storage features also include two coolers (2 to 8 °C), measuring 2,700 sq ft; one temperature-controlled room (15 to 25 °C), measuring 4,500 sq ft; six speed doors with air curtains to maintain the temperature in each room; and 16 duplex outlets with a dedicated 20 amps each.

“We are the number one cargo carrier in the world, and with warehouses like this one, we can truly outperform even more,” said cargo president Jan Krems. “With this new space, we will successfully serve the Newark area and customers worldwide even better than before.”

EWR represents nearly 30% of United Cargo’s global tonnage and revenue. 

“This investment in EWR is incredibly important because it’s such a critical hub for us across the network.,” said EWR and IAD airport operations senior vice president Mike Hanna. “It’s not only one of our most important hubs, but a gateway to the world as we serve 61 international destinations. As one of the largest employers in New Jersey, we want to invest in the fabric of the community — making sure we partner with local companies across the tristate area. We’re continuing to make great investments in this hub as the New Jersey hometown airline.”


DHL launches automated service centre to speed up Hong Kong handling

Photo: DHL

DHL Express has launched a new service centre in Hong Kong that it said is equipped with a fully automated sorting system to support the growing demands of air cargo trade and international express delivery.

Located in the Tuen Mun West dedicated logistics site, the HK$1.5bn DHL Express Hong Kong West Service Center (KWC) is within “easy reach” of Hong Kong International Airport via Tuen Chek tunnel and increases space for operations by over 90%, according to DHL.

The automated sorting system means the new facility can handle over 50,000 shipments a day and doubles the sorting capacity of its predecessor.

The facility is also newly equipped with inline reweighing and dimensioning machines and 100% inline X-ray screening to facilitate greater operational efficiency and accuracy in shipment handling.

“The recent launch of our expanded Central Asia Hub at the Hong Kong International Airport and the opening of this fully automated Hong Kong West Service Center strengthen our network and capabilities.

It also reinforces our commitment to enhancing Hong Kong’s position as an international trade and logistics hub,” said Andy Chiang, senior vice president and managing director of DHL Express Hong Kong and Macau.

The KWC is DHL Express Hong Kong’s first service centre to earn the LEED (Leadership in Energy and Environmental Design) gold certification, and the company has incorporated sustainability in its design and operations to ensure the facility is aligned with its 2050 net-zero emissions mission.

“At DHL, we keep sustainability close to heart,” added Chiang. “Earning the first LEED Gold certification for our service center in Hong Kong is a testament to our ongoing efforts to reduce our carbon footprint across all operations. DHL will continue to invest in low-emission solutions, sustainable energy sources, greener vehicle fleet and facilities to further enhance operational efficiency while minimizing the environmental impact.”

The facility includes expandable electric vehicle (EV) charging stations with the capacity to support over 30 EV chargers; 100% battery-operated forklifts to reduce carbon emissions; a highly efficient air-conditioning system and big ceiling fans for better ventilation and efficient energy consumption.

Building management systems and smart meters are deployed for remote monitoring and control of energy consumption, plus all lighting is equipped with dimmable LEDs powered by smart controls to minimise electricity consumption. The system is programmed to turn off lights during non-peak hours and switch off lights when rooms are unoccupied.

The facility launch follows efforts by DHL Express to expand its GoGreen Plus service in a bid to increase its sustainable aviation fuel (SAF) operations.

 

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. 

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