By Gavin van Marle in Rotterdam (The Loadstar) - The first common digital standards for the container shipping industry are expected to be proposed this year, according to the newly appointed chief executive of the Digital Container Shipping Association. Speaking at this week’s TOC Container Supply Chain event in Rotterdam, Thomas Bagge (pictured ) told delegates that … [Read more...]
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IMO 2020’s Supply Chain Impact to Last ‘More than a Year’
By Mike Wackett (The Loadstar) - The path to complying with the IMO’s 0.5% sulphur cap regulations on bunker fuel in six months’ time will be “rocky” for carriers, and leave the maritime industry “shaken” according to new guidance. Several shippers and forwarding agents told The Loadstar at Multimodal in Birmingham yesterday they were more concerned about the potential … [Read more...]
End of Shipping Alliances Would Send Freight Rates Soaring
By Gavin van Marle in Rotterdam (The Loadstar) - Shipper opposition to deepsea liner shipping alliances may be dangerously misplaced, delegates at the TOC Container Supply Chain event in Rotterdam heard yesterday. Lars Jensen, chief executive and partner of SeaIntelligence Consulting, said efforts by some to bar container lines from operating in alliances, claiming they have … [Read more...]
Report: Shipowners Ready for IMO 2020, But Bunker Market Lags
By Mike Wackett (The Loadstar) - The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap comes into force on 1 January next year, according to the Marine Bunker Exchange (MABUX). In an article published by international shipping association BIMCO, the bunker exchange cautions that “shipowners are ready, but the … [Read more...]
Bigger Ships Mean ‘Bigger Risks for Everyone’
By Mike Wackett (The Loadstar) - It seems the ultra-large container vessels (ULCVs) that have become the ‘new normal’ on the Asia-Europe tradelane have not proved as popular as the lines that operate them hoped. Several shippers The Loadstar spoke to at Transport Logistic in Munich last week could not hide their aversion to the ocean behemoths – and it appears the insurance … [Read more...]