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

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

 

Corporate News Letter for Monday  April 08,  2024.

                                                                                                                       

::               Today’s Exchange Rates           :: 

Source : The Economic Times RATES

CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

DAY's LOW-HIGH

USD/INR

83.44

0.00

0.00

83.42

83.44

83.42- 83.4675

EUR/USD

1.0859

0.0023

0.212247

1.0836

1.0836

1.0834- 1.0866

GBP/INR

105.6805

0.781799

0.74529

105.541

104.8987

105.5338- 105.7317

EUR/INR

90.6012

0.763397

0.849751

90.4581

89.8378

90.432- 90.672

USD/JPY

151.705

0.005005

0.003299

151.70

151.70

151.543- 151.76

GBP/USD

1.2662

0.001

0.079033

1.2652

1.2652

1.2645- 1.267

DXY Index

104.061

-0.188004

-0.180341

104.227

104.249

104.049- 104.263

JPY/INR

0.55

-0.0002

-0.036346

0.5502

0.5502

0.5498- 0.5505

///                     Sea Cargo News          ///

Port Houston achieves container export record

Port Houston's terminals achieved a container volume surge of 20% compared to the same month last year, reaching a total of 375,965 TEUs.

In the first two months of 2024, the US port has seen box volumes of 708,926 TEUs, translating to a 12% year-over-year increase.

Furthermore, loaded export volumes continued to drive growth, registering a remarkable 25% rise in February compared to the previous year, totalling 145,766 TEUs. This makes February the highest month on record for container exports at Port Houston.

Additionally, loaded imports saw an 18% increase compared to February 2023. Port officials attribute this strong performance, along with optimistic projections for the rest of the year, to significant investments in infrastructure development throughout Houston.

Port Houston's terminals achieved a container volume surge of 20% compared to the same month last year, reaching a total of 375,965 TEUs. In the first two months of 2024, the US port has seen box volumes of 708,926 TEUs, translating to a 12% year-over-year increase.

Furthermore, loaded export volumes continued to drive growth, registering a remarkable 25% rise in February compared to the previous year, totalling 145,766 TEUs. This makes February the highest month on record for container exports at Port Houston.

Additionally, loaded imports saw an 18% increase compared to February 2023. Port officials attribute this strong performance, along with optimistic projections for the rest of the year, to significant investments in infrastructure development throughout Houston.

Port Houston has taken significant actions in accelerating its Houston Ship Channel Expansion – Project 11. Curtin Maritime Corp. recently completed dredging a stretch of three and a half miles along the Houston Ship Channel. This effort has resulted in the lifting of daylight restrictions, allowing for approximately 30 additional minutes of vessel transit time.

Moreover, Callan Marine has secured the final dredging contract for Project 11 led by Port Houston. This contract encompasses dredging the segment of the channel from Bayport Container Terminal to Barbours Cut Container Terminal. Notably, Callan Marine will employ the cleanest cutter-section dredge of its type in America for this project.

“Throughout the project to expand the Channel we have worked at an unprecedented rate to deliver the benefits to our customers and our region. Before the end of this year, our Bayport Container Terminal will be able to receive vessels of up to 15,000 TEUs in size," stated Roger Guenther, executive director at Port Houston.

Expansion of landside infrastructure at Port Houston's container terminals is also underway. The arrival of the Paleisgracht general cargo vessel at Barbours Cut brought seven new hybrid-electric rubber-tired gantry (RTG) cranes, marking the beginning of several RTG deliveries scheduled for Port Houston terminals throughout the year. New ship-to-shore (STS) cranes are anticipated to arrive at Bayport this summer.

Wan Hai names new 13,100 TEU ship


Naming Ceremony of WAN HAI A15

Wan Hai Lines recently held a ship naming ceremony for WAN HAI A15 at the Samsung Heavy Industries Geoje shipyard, coinciding with a charity event on 29 March.

The ceremony was jointly presided over by S.A. Choi, vice chairman & CEO of Samsung Heavy Industries, and Tommy Hsieh, president of Wan Hai Lines.

Following the ceremony, WAN HAI A15 was delivered at the Geoje shipyard and commenced its journey to Shanghai Port to join Wan Hai Lines' Asia to the East Coast of North America service "AA7".

Also, WAN HAI A15 marks the eighth vessel in the 13,100 TEU series container ships built through collaboration between Wan Hai Lines and Samsung Heavy Industries. These boxships, boasting dimensions of 335 meters in length overall, 51 meters in breadth, and a draft of 16 meters, are equipped with environmentally friendly engines designed to promote energy efficiency and fuel savings.

Aligned with Wan Hai Lines' management philosophy of "Environmental Protection" and "Business Continuity", the vessels aim to enhance operational efficiency while minimizing environmental impact. With the gradual addition of the 13,100 TEU series vessels to its fleet, Wan Hai Lines anticipates enhancing competitiveness and strengthening operations in long-haul services.

In addition to naming the new vessel, the Taiwan-based carrier has extended its support to the local community through a donation to the Tongyeong Child Welfare Center in South Korea.

CMA CGM celebrates dual launch of 15,000 TEU LNG vessels

French shipping company CMA CGM celebrates a "significant milestone" by launching two 15,000 TEU LNG container ships, CMA CGM Maui and CMA CGM Big Sur.

"After four months of rigorous construction side by side in the same dry dock, these two 15,000 TEU LNG vessels embarked on their maiden voyage on the Yangzi River in Shanghai," said the Marseille-based ocean carrier in a LinkedIn post.

"A big shout out to our New Building supervision team at CMA Ships for achieving this remarkable feat. We now look forward to the next four months of outfitting works and testing leading up to their delivery," added the company.

Ejected Evergreen scion speaks out as minor shareholders mull punitive action


Evergreen offices


Chang Kuo-wei, youngest son of the Evergreen group’s late founder Chang Yung-fa, has criticized his estranged oldest brother for unilaterally executing transactions to consolidate the group’s container shipping assets.

The younger Chang was discussing the actions of Chang Kuo-hua with Taiwanese journalists shortly after Evergreen Marine Corporation’s (EMC) minor shareholders filed a lawsuit against 10 of the company’s directors, including Chang Kuo-hua, on 26 March.

The minor shareholders have alleged breach of trust and irregular transactions on the directors’ part, particularly EMC’s spending TW$30 billion (US$940 million) to buy assets from the Panama-incorporated Evergreen International S.A. (EIS), which has a 7.4% stake in EMC. In recent months, EMC has acquired its Italian and Singaporean affiliates, Italia Marittima and Evergreen Marine Singapore, to bring all container shipping assets under one roof.

Chang Yung-fa, who died in 2016, had willed most of his US$437 million fortune and the running of his business empire, which includes EVA Air and Evergreen Steel, to his youngest son, who was born of his second wife.

Soon after the patriarch’s death, Chang Kuo-wei’s older brothers forced him out of the family business, and he established Starlux Airlines, and one of them challenged the validity of their father’s will. However, Taiwan’s High Court upheld the legality of Chang Yung-fa’s will, although the decision regarding who should run the businesses is up to the companies’ directors and shareholders.

Chang Kuo-wei, speaking to journalists in his capacity as a shareholder of EIS, which is regarded as the Evergreen group’s offshore asset-holding entity, said, “I don’t object to Big Brother’s division of the business, but he shouldn’t call the shots, as the transactions must be fair, above-board and transparent. I’m afraid of selling at a low price, and the minor shareholders of Evergreen Marine are afraid of buying at a high price."

Chang Kuo-wei’s words suggested he is tacitly supporting the minor shareholders’ suit, and the latter group has appointed Lin Wen-peng, a director at Uni Air, and a known ally of Chang Kuo-wei, as its lawyer. In April 2022, Chang Kuo-wei returned to the family business as chairman at Uni Air, holding this post simultaneously with being Starlux’s chairman.

Chang Kuo-wei continued, "I agree with my eldest brother's suggestion of dividing the assets. I can use the money from the business separation to develop Starlux but don't treat me badly. The appraisal report (for the transactions) was not shown to EIS shareholders, so be reasonable.”

EMC, through a Taiwan Stock Exchange filing, insists that the transactions were vetted.

The dispute between the brothers took on another twist on March29, as another EMC minor shareholder, Chen You-liang, filed a complaint against the company at the Taipei District Prosecutors Office.

Chen claimed that the authorities should establish the truth behind EMC, and not let the shareholders bear any losses.

In a statement sent to Container News, EMC said, “The company has always attached great importance to corporate governance and shareholders' benefits. All acquisitions and disposals of significant assets by the company and its subsidiaries are conducted by established procedures.

In addition to obtaining asset value assessment reports issued by credible industry experts, the company also appoints independent and impartial accountants to provide fairness opinions on the transaction prices of each case. All major asset acquisition and disposal cases are reviewed and approved by the company's audit committee and board of directors. Material information of each transaction is timely published or announced in a press conference in compliance with the regulations of the competent authorities.”

Clean-up operation set to start in Baltimore after bridge collapse

Source: VesselFinder

 

US Navy engineers have sent two cranes mounted on barges to begin the clear-up operation following the collision of the Maersk-operated Dali and the Francis Scott Key Bridge in Baltimore, causing the bridge to collapse.

Maryland Governor Wes Moore said one of the cranes can lift up to 1,000 tonnes and will be one of at least two used to clear the channel of the metal and concrete remains of the bridge. Meanwhile, the Maryland Government has established that there are 56 hazardous containers on board the 10,000 TEU vessel and that 14 of these boxes were damaged as the bridge collapsed.

As a result, the Unified Command, which is coordinating operations, said yesterday (28 March) that dive and vehicle recovery operations have stopped due to hazardous conditions caused by the submerged wreckage and debris.

Seattle’s terminal launches auto and breakbulk cargo operations


The Panama-flagged vehicles carrier Triumph Ace arrived at Seattle's Terminal 46 on 27 March signifying the commencement of regular auto and breakbulk cargo services at the US terminal, which is located in the Northwest Seaport Alliance’s (NWSA's) Seattle Harbor and boasts over 170,000 m² of cargo lay-down space for shippers.

Pacific Terminal Services Company (PTSC) will manage operations at the terminal, with support from the International Longshore and Warehouse Union (ILWU) Local 19, responsible for unloading cargo from vessels docked at the terminal.

“We are excited to open Terminal 46 for regular service. The Northwest Seaport Alliance is committed to cargo operations, which are a crucial element of a working waterfront that supports tens of thousands of regional jobs. We appreciate our partners at PTSC and the ILWU Local 19 for supporting shippers in moving automobiles, construction machinery, and other heavy-haul equipment across the Pacific Northwest," stated Hamdi Mohamed, port of Seattle Commission president and The Northwest Seaport Alliance co-chair.

Terminal 46 is now well-equipped to handle increased cargo bound for the United States and Canada. Its adaptability during the post-pandemic period has been noteworthy, with the terminal evolving into a crucial near-dock storage facility to accommodate surges in containerized cargo and ensure smooth cargo movement.

"Breakbulk and automobile volumes in the NWSA gateway have increased significantly over the past few years. The opening of Terminal 46 for breakbulk and auto cargo will further expand this line of business for the NWSA, increasing job opportunities on our maritime facilities and supporting businesses and workers across the Puget Sound," commented Kristin Ang, port of Tacoma Commission president and The Northwest Seaport Alliance co-chair.

Asia box lines launch joint Southeast Asia – India service



Wan Hai Lines, Korea Marine Transport Co. and Interasia Lines will launch a new Southeast Asia - India Service VIII on 26 April. The service will be operated by four container vessels with a nominal capacity of 3,000 TEUs. Wan Hai Lines will deploy two boxships, while Korea Marine Transport Co. and Interasia Lines will operate one vessel each.

The maiden voyage of the service will commence from Malaysia's Port Kelang on 26 April and the service will have a 28-day fixed round trip schedule.

The port rotation of the new service will be Jakarta (Indonesia) – Surabaya (Indonesia) – Singapore – Port Kelang North Port (Malaysia) – Mundra (India) – Nhava Sheva (India) – Port Kelang North Port - Jakarta

Wan Hai Lines said it is confident that the new service will provide customers with better frequency and service coverage between Southeast Asia and India.

Maersk vessel arrives in Hamburg on maiden methanol voyage

"Ane Maersk" moors at the Eurogate terminal.

On the morning of 28 March, Ane Maersk, the world's first large container ship capable of utilizing methanol as fuel, with a capacity of more than 16,000 TEUs, arrived at Eurogate Container Terminal Hamburg for the first time during its maiden voyage from Asia to Europe.

The Ane Maersk marks a significant milestone as the first of its kind to adopt methanol propulsion and make a call at the German port. 

"Ane Maersk's arrival at the Port of Hamburg underscores the maritime sector's swift progress towards climate neutrality. It reflects the Port of Hamburg's commitment to carbon neutrality," stated Axel Mattern, CEO of Port of Hamburg Marketing.

With dimensions of 350 meters in length and 53.5 meters in width, Ane Maersk features a new ship design with bridge superstructures positioned at the forefront of the bow.

Also, this design adjustment was necessary to accommodate larger tanks required for methanol storage, as methanol possesses roughly half the energy content of fossil oil, necessitating larger fuel volumes. Currently utilizing environmentally friendly bio-methanol, Ane Maersk emits approximately two-thirds less greenhouse gases compared to conventional fossil fuels such as ultra-low sulfur oil.

Furthermore, the potential for drastically reducing emissions to over 90% is anticipated with the use of synthetically produced e-methanol, with production facilities currently underway, including one near Aabenraa in Denmark, just over the German border, slated to commence operations this summer. Maersk is set to procure green e-methanol from European Energy's production line.

Given the limited availability of green methanol globally, Ane Maersk and its sister vessels are equipped with dual-fuel technology, enabling them to also operate on biodiesel or ultra-low sulfur oil. Maersk has plans for an additional 23 methanol-capable vessels (ranging from 9,000 to 17,000 TEUs) scheduled for delivery until 2027. Methanol offers the advantage of being non-toxic and easily manageable as a marine fuel.

Ane Maersk is currently deployed on Maersk's Asia-Europe liner service (AE-7), with a route encompassing 14 ports including Ningbo, Shanghai, Nansha, Yantian, Tanjung Pelepas, Colombo, Tangiers, Felixstowe, Hamburg, Antwerp, London, Le Havre, Tangiers, Khalifa Seaport, Jebel Ali (Dubai), and Ningbo. The voyage typically spans 98 days, avoiding the Red Sea, including the Suez Canal, and the Cape of Good Hope.

Scheduled to depart from the port of Hamburg bound for Antwerp on 30 March 2024, Ane Maersk continues its journey as a pioneering vessel in the realm of sustainable maritime transportation.

///                     Air Cargo News            ///


Group Concorde partners with Vietnam Airlines for cargo services 

Group Concorde has entered into partnership with Vietnam Airlines as its cargo General Sales Agent (GSA) in India, effective April 1, 2024. Group Concorde, in collaboration with Vietnam Airlines, will promote the Cargo Capacity from two key Indian markets – Delhi and Mumbai – to Saigon (Ho Chi Minh City) and Hanoi, respectively.

Commencing May 15, 2024, all flights departing from Delhi will feature wide-body Airbus A350 aircraft, ensuring enhanced capacity and ease of cargo transportation.

Mr. Prithviraj Chug, CEO of Group Concorde, expressed his delight at the partnership, stating, “This collaboration between Group Concorde and Vietnam Airlines represents a significant step forward to enhance our current portfolio of freight forwarder clients. We are excited about the opportunities it presents for both businesses and look forward to delivering unparalleled service and connectivity to our customers.”

DP announces “Game Over” for domestic mail

flights

An intra-German postal night flight service lasting over six decades ended last week – photo: courtesy DP.

 

63 years ago, on 01SEP1961, and at the instigation of the German government, Deutsche Post (DP) launched an overnight airmail network in Germany. Lufthansa B737 quick change passenger aircraft were deployed. Their seats were removed at night to accommodate as many letters and postcards as possible in the aircraft cabin. After more than six decades, this era came to an end on Thursday (28MAR24).

Lufthansa and Pan Am were responsible for the transports
At the beginning, during the so-called Cold War, Lufthansa operated all domestic airmail routes except for the air corridor to Berlin, which was controlled by the Western Allies and served by the legendary former U.S. airline, PanAm, until the reunification of Germany in 1990. Over the years, additional carriers were added to operate the network, with Lufthansa terminating its night flights in 2008. Frankfurt airport served as the network hub for decades, but lost this role in 2005, due to the ban on night flights there.

As late as 1996, Deutsche Post was still transporting some 430 metric tons of letter mail with partner airlines operating 26 aircraft each night to 45 domestic destinations. However, since then, volumes successively declined, lately dropping to just 53 metric tons on average each night. The number of aircraft required fell accordingly, with only 6 still in operation until now.

Mixed feelings
The end of these postal services is regrettable but an inevitable step, states Marc Hitschfeld, Chief Operations Officer of DHL Group’s Post & Parcel Germany division. “We conclude the era of overnight letter airmail with mixed feelings.

In times of climate change, airmail for domestic letters within Germany can no longer be justified – also because there is no longer the same urgency associated with letter mail as in decades past. So, on the one hand, the end of domestic airmail is good news for the environment. On the other hand, it closes a chapter of postal history which many Deutsche Post employees have identified with for decades.”

Mail volumes are constantly decreasing
Nostalgic sentiments are understandable, but on closer inspection there is no longer any need for night flights on routes of between 500 and 1000 km. This is due to several reasons: The volume of letters sent within Germany, has been on the decline since years, as confirmed by the latest figures presented at the Group’s annual conference on 06MAR24.

According to these figures, revenue in the letter mail business within Germany fell by 4.9% in 2023, compared to 2022. Email, WhatsApp and other electronic channels have largely replaced letters.

This trend, which has been ongoing for some time, continued seamlessly in Q1/2024, due to increased digitalization, and will not stop here, forecasts predict.

Climate considerations
Another key reason for no longer flying mail at night within Germany, is based on ecological considerations. Shifting the services from air to road means 80% fewer CO
2 emissions on affected routes. Marc Hitschfeld: “In times of climate change, airmail for domestic letters within Germany can no longer be justified.”

Thirdly, there is a decision by the Berlin government, according to which a letter traveling within the country does not necessarily have to land in the recipient’s postbox the next day. The Scholz administration also considers a running time of two days to still be tolerable.

After the end of air services, Deutsche Post assures that it will continue to deliver fast letter mail transports between northern and southern Germany, for example by using Sprinter vans, among other modes. This is also made possible by reduced letter mail volumes and sorting times. Train solutions are not an option for Deutsche Post, states speaker, Edenhofer.

Boeing: Calhoun goes, problems remain


Dave Calhoun became CEO of frame maker Boeing in 2019. His objective was to reorganize the company and introduce product quality as top priority. His announcement sounded like a turnaround from the previously favored principle of shareholder value.

But instead of building on earlier successes, the crises aggravated, evidenced by two fatal crashes of Boeing 737 MAX aircraft and repeated serious incidents thereafter.
Last week, the aircraft manufacturer announced that Calhoun will be leaving the company – but only at the end of this year.

Dave Calhoun

Calhoun will be joined by other high-ranking executives of the Boeing Group, among them chairman Larry Kellner and Stan Deal, CEO of Boeing Commercial Airplanes.

In the end, there were probably too many scandals that led to the major shakeup at Boeing. Lost fuselage parts at Alaska Airlines, a wheel that fell off after departure of a United Airlines B777 at San Francisco Airport, missing bolts on a B737 MAX door and numerous other design flaws: under Calhounce’s guidance, the aircraft manufacturer, once known for its technical reliability has not been able to escape the negative headlines due to repeated design faults and a lack of product control.

The personnel shakeup at the top of the company, resembling a tsunami, could be an act of liberating, according to the motto: new heads, new ideas. However, it is completely unclear how the personnel gaps that have now been announced are to be filled.

The Boeing management has not yet named any successors. Why, in view of the serious deficits combined with an alarming loss of reputation, the Supervisory Board allowed Calhoun to stay in office until 31DEC24, remains their secret. Fact is that from now on he is a lame duck whose departure is sweetened by the Boeing board with US$14.9 million. A golden parachute that lets the 66-year-old land very softly.

The massive problems began even before Calhoun was appointed CEO
The 66-year-old aviation veteran, a longtime board member at Boeing, became chairman of the company in late 2019, when the board stripped his predecessor Dennis Muilenburg of that title. He was tapped as CEO after Muilenburg was ousted in December of that year, starting in the job in January 2020.

Calhoun’s tenure began about halfway through a 20-months grounding of the B737 MAX due to a design flaw that was determined to have caused two fatal crashes; and just before the Covid pandemic broke out globally, causing a near halt in air travel and massive losses for the airlines Boeing depends upon to buy its aircraft variants.

In a letter to the employees Calhoun stated: “It has been the greatest privilege of my life to serve Boeing. The eyes of the world are on us, and I know that we will come through this moment a better company. We will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do.”

More managers depart Boeing
Simultaneously to Calhoun’s decision, Board Chair Larry Kellner has informed the board that he does not intend to stand for re-election at the upcoming Annual Shareholder meeting. The board has elected Steve Mollenkopf to succeed Kellner as independent board chair. 

In this role, Mollenkopf will lead the board’s process of selecting Boeing’s next CEO. “I am honored and humbled to step into this new role,” said Mollenkopf. “I am fully confident in this company and its leadership – and together we are committed to taking the right actions to strengthen safety and quality, and to meet the needs of our customers. I also want to thank both Larry and Dave for their exceptional stewardship of Boeing during a challenging and consequential time for Boeing and the aerospace industry.”

Pope to replace Deal
In addition to these changes, Stan Deal, Boeing Commercial Airplanes President and CEO, will retire from the company and Stephanie Pope has been appointed to lead BCA, effective today.

Pope has been serving as chief operating officer of Boeing since January of this year. Previously, she was president and chief executive officer of Boeing Global Services, where she was responsible for leading the company’s aerospace services for commercial, government and aviation industry customers worldwide. Prior, she was chief financial officer of Boeing Commercial Airplanes, and has held positions in every Boeing business unit.

The fact that in recent times Airbus got significantly more orders from international airlines than Boeing may also have played a decisive role in the exit of Calhoun and Co.

WOF fills more than a niche




Since Western companies have been reconsidering their involvement in China (keyword: China Plus One), the Eastern European region has become increasingly attractive for foreign capital, alongside Mexico and countries in Southeast Asia.

The top EU candidates attracting the most investments are the Czech Republic, Poland, Romania, Hungary, and Austria. This strategy of sourcing products from more than one country by diversifying the supply chain to reduce economic risks, is echoed by event providers such as World of Freight (WOF).

The aim of this organizer is to offer the Eastern European air freight and logistics market a forum for exchanging ideas, networking opportunities, and initiating business relationships. This also includes the involvement of Eastern European scientists and logistic experts in international dialog.


WOF’s upcoming Vienna Summit is the event manager’s  6th B2B gathering since its founding in early 2020 – courtesy: WOF.

 

Unknown experts are given the floor
At mammoth events such as the World Cargo Symposium recently held by IATA Cargo in Hong Kong, the Air Cargo Americas trade show, or Intermodal in Brazil, they are hardly ever seen on stage: logistics and air freight experts from Eastern Europe, speaking on behalf of their companies or educational institutions. For example, scholars from the renowned NAUT Trade Universe, which is equally represented in the Czech Republic, Slovakia and Hungary, or the Pannonia University of Veszprém in Hungary.

Never heard of them? No wonder. Scientists from these institutions have so far been sought in vain on the program pages of major air freight and logistics events.

Bringing them increasingly onto the stages of congresses and giving them the floor is the credit of trade show organizer, World of Freight. This is evidenced by the list of specialists and speakers standing on the program of WOF’s Vienna Summit which will take place from 18-19SEP24.

Impressive list of speakers
The following names are probably largely unknown in the transportation industry in Western Europe, North and Latin America or the Far East:

Petr Nejedlý, CEO NAUT Trade Universe,
Gábor Kovács, Managing Director Hungary & CEE, Scan Global Logistics,
Nikolay Kurbanov, MD Avem Aero, an Estonian cargo charter operator,
Martin Polakovič – Head of Global Logistics Procurement, Lenovo,
Zsolt István – Head of Innovation Management, University of Miscolci, Hungary.

Concentrated expertise that will surely deliver plenty of food for thought to the participants at the upcoming Vienna gathering.

Hot topics
And this is exactly where WOF comes into play. The Group has created a platform, rotating between Bratislava, Prague, Vienna, and Budapest, where international industry professionals from the entire supply chain come together to exchange knowhow, insights, and innovative ideas. Following the Budapest event in 2023, the trade show again moves to Vienna this year.

The vibrant Austrian capital serves as ideal fertile ground for international gatherings due to its excellent transport links and geographical location right in the heart of the EU. There, WOF plans to touch the industry’s hottest logistics topics and issues, such as Environment, Social and Governance (ESG) compliance in the process of international freight movement, AI and Big Data utilization, risk mitigation through multimodality, meeting customer satisfaction in e-commerce.

A special appetizer is also the offer to engage in discussion with logistics experts from companies like Alza.cz, IKEA, Lenovo, RHI Magnesita, and event host, Vienna Airport.

Risking dents
Beyond Vienna, the trade fair organizer intends to expand WOF’s geographical footprint by planning events in Slovenia (port of Koper) and Antwerp-Bruges (Belgium). However, when penetrating established markets, it risks facing fierce competition.


After all, ports such as Rotterdam, Antwerp, Koper, and Hamburg, or airports like Charles de Gaulle, Amsterdam or Frankfurt stand high on the customer list of leading logistics trade fair organizers such as Messe München, the by far largest organizer worldwide. To cross swords with such players could lead to dents.

DHL Aviation renews warehouse handling contract with WFS in France

DHL Aviation has signed a new multi-year contract with Worldwide Flight Services (WFS), a member of the SATS Group, to manage freight at its airport stations in France.

This renewed partnership extends the two companies’ 14-year relationship in France and demonstrates DHL’s continued confidence in WFS. DHL signed its first freight handling contract with WFS in Paris in 2010.

The DHL CDG HUB plays a key role in DHL’s air logistics strategy. Equipped with modern facilities and a next-generation shipment sorter, it guarantees the continuous and rapid handling of packages. Currently, the CDG HUB provides strategic air links with other DHL hub locations within and outside Europe, such as Leipzig and Brussels airports, as well as Casablanca, Morocco.

In addition, WFS manages onboard truck freight services for the CDG HUB from Leipzig and Brussels, as well as freight reception points for DHL Aviation throughout France, including Orly, Bordeaux, Lille, Lyon, Marseille, Nantes, Strasbourg, Toulouse, Basle-Mulhouse and Nice.

Laurent Bernard, VP Cargo France at WFS, explains: “DHL is a significant customer of WFS in Paris and across our network in France. We have a strong partnership and this extension to our warehouse contract clearly shows our service performance satisfies DHL’s high standards. Maintaining this contract is very important to our business in France and helps to demonstrate WFS’ capabilities to DHL for wider partnership growth across our global network in the future.”

“We are proud to give continuity to an operational and business partnership that has worked well for years and with mutual satisfaction. We would like to thank John Batten (CEO EMEAA at WFS) and his entire workgroup of professionals for the quality work done so far and even more for the better work we will do in the future,” Filippo Capogreco, VP DHL Aviation, added.

AIA Cargo announces exclusive GSSA partnership with Hainan Airlines

AIA Cargo and Hainan Airlines have announced an exclusive partnership for their UK and Ireland offices, starting from April 1st.  This partnership will provide customers with a range of new opportunities, as it opens up multiple routes from London Heathrow, Dublin, Manchester, and Edinburgh to various destinations in China.

Both AIA Cargo and Hainan Airlines are renowned for their commitment to customer satisfaction and high-quality services. By combining their expertise and resources, they aim to offer an exceptional cargo solution between the UK and Ireland and China.

“This a new and exciting milestone for AIA’s expansion to work with one of the leading Chinese carriers. The team is looking forward to working closely with Hainan Airlines with more to come with our Europe offices in the future.” – Nina Bruce, Far East Commercial and Network Development Manager, AIA Cargo

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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