Zepol.com Guest Post – Container Shipping Update for the First Three Quarters of 2009

November 23, 2009 by 3plwire  
Filed under Seafreight

With the completion of the trade data for the first three quarters of the year by the U.S. Census Bureau, it is important to examine how this year compares to the same period from previous years.

Below is the trend of containerized shipments from September 2007 to September 2009 for a point of comparison:

Top 10 containerized ports by YTD containerized weight for the first three quarters of the last three years:

Damco announces the launch of a new “America’s Bridge” LCL solution

November 23, 2009 by 3plwire  
Filed under Seafreight

For immediate release

Damco launches new “America’s Bridge” LCL solution

  • New LCL network from Miami hub to 33 key Latin American destinations
  • North American and Latin American customers will benefit from guaranteed weekly sailings with the Damco controlled network

24 November 2009 – Damco, a leading global logistics company, today announced the launch of its “America’s Bridge” service, further solidifying its commitment to the extensive markets that join North and Latin America.

The new service uses Miami as a hub to either consolidate Less than Container Load (LCL) shipments from various US points for full container shipping to multiple countries in Latin America including Guatemala, Nicaragua, El Salvador, Honduras, Panama, Venezuela, Ecuador, Peru and Chile- or to ship LCL directly from Miami with weekly options.

“Damco is committed to assisting businesses of all sizes optimize their supply chains,” said Damco North America President Jeremy Haycock.

“We recognize that the LCL product is crucial to providing a flexible solution for our customers to make the quick decisions needed to serve their markets while fulfilling their own cost-saving objectives,” he said. “By moving cargo through our hub, customers will increase their competitiveness by being able to slow down or speed up their supply chains depending on their needs, which is crucial, especially in these economic times.”

Henning Malmgren, CEO of Damco Latin America said that “Damco has a solid presence of more than 10 years in Latin America. This has given us a market leading position when it comes to ocean freight in this part of the world. The “America’s Bridge” reaffirms our desire to connect Latin America with North America and to bring innovative solutions to this trade.”

Malmgren added: “This is an end-to-end, one-stop-shop solution for customers, encompassing inland and ocean transportation, warehousing, customs clearance and visibility, tailored to each client’s needs, while providing flexibility, reliability, and efficiency.”

“America’s Bridge” customers can also benefit from Damco’s trend-setting supply chain visibility product. When combined with the inventory management from the Miami consolidation hub, it allows customers to know the whereabouts of their cargo at any given time, providing the real-time supply-chain information necessary for proactive decision-making.

About Damco
Damco is the new, combined brand of the A.P. Moller – Maersk Group’s logistics activities.

Damco offers a broad range of supply chain management and freight forwarding services to customers all over the world, and has 10,500 colleagues in 272 offices, covering over 93 countries in Africa, Asia, North America, Europe, Middle East, and Latin America.

In 2008, the company had a net turn-over of USD 2.8 billion, shipped more than half a million TEUs ocean freight, air freighted over 60,000 tonnes, and handled over 50 million CBMs (equivalent to 2 million TEU) for our supply chain management customers.

Damco is an independent business activity within the A.P. Moller – Maersk Group.
For more information, please visit www.damco.com.

For more information, please contact:
Nai Ying Jiin
Assistant Manager, Communication and Branding
Damco Logistics Singapore Pte Ltd
Email: apadamext@damco.com
Tel: +65 6318 3316

Maersk Line to rejoin the TSA

November 9, 2009 by Splatty  
Filed under Seafreight

Maersk Line has filed an application to rejoin the Transpacific Stablization Agreement (TSA) after taking a hiatus in 2004.  Maersk was an original member of the TSA since its inception in 1987.

Via tsacarriers.org:

“We’re pleased that Maersk sees value in TSA and wishes to re-join the agreement,” said Ronald D. Widdows, TSA chairman and Group President & CEO of NOL, parent company of member line APL Ltd. “With the unprecedented challenges the industry is facing due to the current global economic crisis, TSA believes it is helpful to have another voice participating in the dialogue to seek solutions that will benefit both carriers and shippers.”

According to a press release on Maersk Line’s website, the decision to rejoin the TSA comes after “the trans-Pacific trade has incurred industry loses estimated to be 3 billion USD or more”.

Via Maerskline.com:

“Five years ago, the market conditions were vastly different than they are today,” said Lars Mikael Jensen, Vice President Pacific Trade, Network and Product, Maersk Line. “Maersk Line is convinced that restoring profitability long-term is needed in the marketplace and has demonstrated market leadership in this regard. It is imperative that service levels involving vessel capacity and string frequency across the Pacific do not suffer as a result of continued rate deterioration,” he continued. “The purpose of Maersk Line’s participation in the TSA is to develop a platform that allows customers and carriers to find stability for years to come, avoiding the gross fluctuations of 2009. This business must be managed for long-term health and a return to profitable and sustainable operations.”

Current members include:

APL, Ltd.
China Shipping Container Lines
CMA-CGM
COSCO Container Lines, Ltd.
Evergreen Line
Hanjin Shipping Co., Ltd.
Hapag Lloyd AG
Hyundai Merchant Marine Co., Ltd.
Kawasaki Kisen Kaisha (K Line), Ltd.
Nippon Yusen Kaisha (N.Y.K. Line), Ltd.
Orient Overseas Container Line (OOCL), Inc.
Yangming Marine Transport Corp.
Zim Integrated Shipping Services

Additional GRI scheduled – Transpacific Westbound to Asia

November 6, 2009 by Splatty  
Filed under Seafreight

Anyone else having a hard time trying to stay on top of all of the recent GRI’s?

The Westbound Transpacific Stabilization Agreement (WTSA) carriers have announced an additional general rate increase for all cargo from the U.S. to Asia.  This latest GRI is scheduled to go into effect on December 1.   Keep in mind that this GRI is in addition to the GRI that went into effect on September 1.

Guideline GRI amounts are as follows:

Dry Cargo

(effective December 1, 2009)
$100 per FEU / $80 per TEU via SoCal ports
$150 per FEU / $120 per TEU via other USWC, USEC and intermodal

Refrigerated Cargo

(effective : January 15, 2010)

$250 per FEU / $200 per TEU via USWC
$300 per FEU / $240 per TEU via USEC and intermodal

Talk to your forwarder about mitigating the increase if possible.  From everything I am hearing, mitigation of the GRI will be difficult.

Visit the WTSA website for additional details.

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