4-minute read
New Zealand importers and shippers may face more carbon emissions costs than those arising from pending International Maritime Organization (IMO) regulations.
New Zealand Council of Cargo Owners (NZCCO) fears that container lines may opt for slow steaming as a means of complying with the IMO’s Energy Efficiency Existing Ship Index (EEXI) and carbon intensity indicator (CII) requirements, which come into force from January 1 next year.
21-minute read
Learn how the soaring logistics and shipping costs feed global inflation. What do inflation, recession, and slowing global growth mean for the logistics industry?
In this extract from Lodestar’s podcast, Mike King and his guests from around the world explore the current state of play in global logistics, shipping and air cargo, covering the biggest news stories of the supply chain, including a briefing on air and ocean freight rates and the macroeconomic environment buffeting the freight industry.
3-minute read
Newly-appointed New Zealand Council of Cargo Owners (NZCCO) chair Ant Boyles has expressed concern that container lines may opt for slow steaming to comply with pending International Maritime Organization (IMO) emissions-reducing regulations.
Energy Efficiency Existing Ship Index (EEXI) and carbon intensity indicator (CII) requirements are to come into force from January 1 next year, following amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI.
4-minute read
The global shipping line Maersk reports that customers continue to face a raft of challenges as the Russia-Ukraine conflict weighs on the longer-term outlook for the global economy amid concern that inflation and higher energy prices will lead to lower consumer demand, damaging international trade.
According to Maersk, the short-term outlook, however, is more positive. Cargo volumes through Shanghai are returning to pre-lockdown levels, and demand from US consumers is pulling forward the peak shipping season on North American trades.
5-minute read
The latest loss of containers from the APL Vanda has once again thrown the spotlight on the problem of boxes being lost at sea and what can be done to prevent it.
The CMA CGM vessel suffered a stack collapse that saw 55 containers lost overboard from a single bay in heavy weather en route from Singapore to Suez, just before entry to the Gulf of Aden. No injury was reported.
4-minute read
Since the foot-and-mouth disease was found in Indonesia recently, Biosecurity New Zealand have stepped up their work at the border to prevent the virus from arriving in New Zealand.
New Zealand does not currently have any flights directly from Bali or elsewhere in Indonesia to New Zealand.
Nevertheless, every passenger arrival card is examined, and those from countries that have Foot-and-Mouth Disease (FMD), including Indonesia, are directed to a different process of questioning, baggage search and disinfection.
5-minute read
New Zealand importers and exporters will not be surprised that the Global Shippers’ Forum (GSF) has released its finding that there is a lack of competition in container shipping – that reality has hit this country hard over the last two decades.
The only new brushstroke to this picture is that the GSF believes the true situation is largely hidden because of cooperation between carriers which results in a more highly-concentrated industry than appears on the surface.
Official summations of competitiveness fail to take this into account.
15-minute read
For those of us who lack the crystal ball, this extract from Lodestar’s interview with the CEO of Vespucci Maritime, Lars Jensen, one of the world’s leading analysts and former shipping executive, will hopefully provide some intel on the future of the supply chain.
2-minute read (30-second watch)
Shandong Provincial People’s Government has shared insights into its automated container terminal at Qingdao Port as part of the 2022 Qingdao Multinationals Summit.
Shandong Port Group and Qingdao New Qianwan Container Terminal explained that Qingdao Port is now one of the world’s leading automated container terminals equipped with state-of-the-art technologies, a high degree of automation and high loading and offloading efficiency.
3-minute read
Shipping companies are increasingly ”going up and down the supply chain” seeking to take on some of the work that freight forwarders have traditionally carried out.
So, it is important to clarify what freight forwarders do and emphasise the value they bring to New Zealand?