Logistics News归档 - Page 2 of 4 -

A Maersk container ship loses 90 containers in the North Pacific, including some packed with DG.

By Lake | March 25, 2022

According to the news from Fleetmon, a professional maritime security website, many lost containers were found in the North Pacific waters southeast of Kamchatka.
It is reported that the containers were dropped from Maersk’s container ship “Dyros”.
Some media said that on March 20, local time, the “Dyros” ship had a container drop accident on its way from Yantian Port in China to the Port of Seattle in the United States. The cause of the accident may be bad weather during the voyage.
Ship News data shows that as of 16:00 on March 24, Beijing time, the ship had sailed to the southern part of Unalashka Island in Alaska.
It is understood that the “Dyros” wheel container capacity is 4578TEU. It was built in 2008 and hangs the Liberian flag. The vessel, formerly known as “CO Kobe”, was acquired by shipowner Costamare in June 2021 and is currently leased to Maersk for operation.
Maersk’s official website schedule shows that the “Dyros” ship is deployed on the Asia-US West TP7 route, and is currently performing voyage 209N. The voyage departed from Busan Port and called at Qingdao Port, Shanghai Port and Yantian Port in turn, and was scheduled to arrive at Seattle Port on March 27.
WK Webster, a marine claims consultancy, reports that the overboard cargo of the Dyros, as well as damage to the remaining cargo on board, cannot be estimated until the ship arrives at the Port of Seattle.

Maersk container ship collides with a Ro-Ro ship

By Catherine | March 15, 2022

A few days ago, Maersk’s container ship “LAUST MAERSK” collided with a ro-ro ship “NAPOLES” in the Alberland Sea, about 53 nautical miles southeast of Malaga, Spain.
At the time of the incident, the “LAUST MAERSK” was sailing from the Panama Canal to Italy via Tangier and Algeciras. “NAPOLES” sailed from Malaga, Spain to Melilla.

After the collision of the two ships, the forward section of the port side above the waterline of the “NAPOLES” was damaged, but it continued to sail and reached Melilla. There is no news about the damage of the “LAUST MAERSK”, but the voyage of the ship has been interrupted, and a container is suspected to be lost.
At present, there are no reports of injuries on either the container ship or the Ro-Ro ship.
It is understood that the “LAUST MAERSK” ship is deployed on the ECUMED route from Latin America to Europe. The ship has a capacity of 4258TEU and was built in 2001.

CMA CGM's 2021 net profit is about $17.9 billion

By Angel | March 10, 2022

On March 5, CMA CGM announced its 2021 results.
Operating income reached approximately US$55.98 billion, a year-on-year increase of 78%; earnings before interest, tax, depreciation and amortization (EBITDA) reached US$23.1 billion, a year-on-year increase of 278.2%; net profit was US$17.894 billion, compared with US$1.755 billion in the same period last year, a year-on-year increase 919.6%. Profitability in all business segments improved.

In terms of business segments, the operating revenue of the shipping segment in 2021 will be approximately US$45.3 billion, a year-on-year increase of 88.5%; EBITDA will be US$22.1 billion, a year-on-year increase of 313.4%; cargo volume will be 22 million TEU, a year-on-year increase of 5%.

CMA CGM said that the growth of the shipping business was mainly due to the increase in freight rates.
Its average revenue per box was 2,055/TEU, compared with 1,154/TEU in the same period last year, a year-on-year increase of 78%. Regarding the increase in freight rates in 2021, CMA CGM said that it is related to the sharp rise in operating costs including energy, handling and charter costs. Among them, in the fourth quarter of 2021, the cost of a single container increased by nearly 30% year-on-year.

In addition, the logistics segment’s operating income in 2021 will be US$10.9 billion, a year-on-year increase of 46.9%; EBITDA will reach US$882 million, a year-on-year increase of 43.6%.
CMA CGM said that the growth of the logistics segment was mainly driven by the sea and air freight business, as well as the recovery of the contract logistics business. At the same time, the performance of CEVA Logistics, a subsidiary of CMA CGM Group, improved.

Regarding the performance, Rodolphe Saadé, Chairman and CEO of CMA CGM Group, commented: “Driven by extremely strong transportation demand, we have achieved excellent results in 2021. At the same time, we have accelerated the Group’s development through strategic acquisitions. “
Rodolphe Saadé further stated that the continued tension in the global supply chain is challenging for small and medium-sized enterprises. In view of this, CMA CGM decided to allocate dedicated transportation capacity for small and medium-sized enterprises in the European and North American markets with tight transportation capacity at the negotiated price.
In addition, CMA CGM also announced a new freeze period for spot freight rates until June 30, 2022, the first shipping company to implement this move.

Looking forward to 2022, CMA CGM said that the current global trade is developing healthily, but there are still geopolitical uncertainties. As tensions in the global supply chain continue to put pressure on effective capacity and company operations, CMA CGM will further increase its fleet capacity and plan to allocate nearly US$9 billion to strengthen its asset portfolio (including the purchase and lease of containers and container ships) , excluding acquisitions).

DSV and DB Schenker suspend business in Ukraine

By Olivia | March 2, 2022

Due to the further escalation of the conflict between Russia and Ukraine, Ukrainian ports have been closed and railway transportation has been interrupted.

Previously, a number of liner companies, including Maersk, Mediterranean Shipping, CMA CGM, Hapag-Lloyd, and ONE, have suspended operations in Ukraine.

The latest news is that since February 28, the EU has closed its airspace to Russia, and Russia has announced that it has closed its airspace to 36 countries and regions. This will result in the cancellation of some international flights and massive delays in cargo transportation.

Affected by this, many freight forwarding giants announced to adjust their business, and the transportation of goods in Ukraine and surrounding countries will be affected to varying degrees.

The freight forwarding giant DSV has issued an announcement saying that due to the declaration of martial law in Ukraine, the company has suspended all operations in Ukraine until further notice.

Flemming Ole Nielsen, Executive Vice President of Investor Relations, Corporate Marketing and Communications at DSV, said: “We have around 230 employees in Ukraine, where we have closed our office and asked employees to comply with the requirements of the authorities. In addition, all Employees have been paid for February and March to make sure they can buy necessities.”

DSV also analyzed that with Ukraine shutting down ports and stopping air routes, it is expected that other freight methods will also be affected. The situation in Ukraine has been declared a force majeure, and the company expects that the surrounding area, including Russia, and all shipping methods, will be significantly challenged.

As of February 27, local time, DSV is still communicating with air carriers to seek alternative transportation options to safeguard customers’ freight needs.

In addition to DSV, another freight forwarding giant, DB Schenker, has also suspended operations in Ukraine and asked its employees in Ukraine to stay at home.

According to the announcement, in terms of cross-border land transport business, DB Schenker has suspended all business involving Ukraine; LCL business involving Russia has delayed delivery; LCL business involving Belarus is operating as usual; Direct freight services are only based on relevant upon request and subject to availability.

In terms of cross-border air freight business, DB Schenker suspended direct flights between Russia and continental Europe.

DB Schenker reminds customers that the Russian-Ukrainian conflict may have an impact on cross-border shipments in other Eastern European countries. The company added: “As of now, our freight operations in Eastern European countries are operating as usual. At the same time, we are also developing contingency plans for a number of different scenarios.”

In addition to large forwarding companies such as DSV and DB Schenker, other forwarding companies operating in the region and surrounding areas have also been affected.

Bolloré Logistics said it had suspended all freight services in and out of Russia and Belarus. In addition, in the Asia-Europe land transportation business, rail freight services and road freight services involving Russia and Belarus have been suspended.

The company said demand for freight to Ukraine, whether by air, sea, road or rail, would be suspended due to the escalating conflict. Shipments to Ukraine can only arrive at the last port or airport outside the country, and the shipper will be notified directly of this adjustment.

GEODIS said in its latest supply chain impact assessment that the company’s current services to and from Ukraine, Russia and Belarus are only on a case-by-case basis.

Due to ongoing changes in the local situation, GEODIS cannot promise specific delivery times and booking prices, saying the current situation could lead to delays in shipments or even a complete suspension of services.

Currently, GEODIS has suspended all services involving the Crimea/Sevastopol, Donetsk and Luhansk regions.

Chemical spill from Container On Sinokor

By Elvis | February 23, 2022

According to reports, the container ship “Shanghai Voyager” owned by the South Korean shipping company Sinokor Merchant Marine Co., Ltd had a dangerous chemical leakage accident during its docking at Gwangyang Port, South Korea.

According to the South Korean Coast Guard, at about 4:00 a.m. local time on February 15, they received an alarm that a container on a container ship docked at Gwangyang Port was damaged, causing the loaded dangerous chemical ethylene to drop. Leakage of Ethylidene norbornene.

Even more unfortunately, while trying to move the damaged container, another accident occurred, causing other containers to fall onto the damaged container, exacerbating the spill of hazardous chemicals. It is estimated that 20 tons of ethylidene norbornene have leaked into the cargo hold, some of which has flowed into the sea through scuppers.

However, the South Korean Coast Guard did not release the name of the ship, only mentioning that the ship involved in the accident was a 27,000-dwt, Panamanian-flagged vessel with 20 crew members on board.

According to AIS data, the only Panamanian-flagged ship currently docked at the Gwangyang Port Container Terminal is the “Shanghai Voyager” of Sinokor Merchant Marine Co., Ltd, 2535TEU. According to the data, the “Shanghai Voyager” is 199 meters long, 32 meters wide, and has 27,061 deadweight tons. It was built in 2011 and is currently operating on the South Korea-China-Southeast Asia route. Before calling at Gwangyang Port this time, the ship also called at Penang, Hong Kong, Shanghai, Busan and other ports.

The Korea Coast Guard said: “The plan to jointly deal with the accident has been negotiated with the relevant departments, and it is planned to use a crane to handle the damaged container.”

The Future International Trade Alliance was established

By Kyrie | February 17, 2022

On February 15, the Digital Container Shipping Alliance (DCSA) composed of 9 shipping companies including Mediterranean Shipping (MSC), Maersk, CMA CGM, Hapag-Lloyd, ONE, Evergreen Shipping, Yang Ming Shipping, HMM and Star Shipping Announced that it has signed a memorandum of understanding with the Baltic International Shipping Council (BIMCO), the International Federation of Freight Forwarders Associations (FIATA), the International Chamber of Commerce (ICC) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to establish the Future International Trade Alliance Trade Alliance, FIT Alliance).

The partners of the new alliance will work together to make the industry realize the importance of establishing uniform data standards across platforms around the world. The purpose is to facilitate the acceptance and adoption of electronic bills of lading (eBL) by regulators, banks and insurance companies, and to provide a communication platform for all stakeholders in international trade.

Maersk Announces First Acquisitions of 2022

By Ann | February 10, 2022

Maersk released a number of announcements on its official website today (February 9), mainly related to the company’s first acquisition in 2022, and announced its full-year performance data for 2021.

According to the announcement, Maersk plans to acquire Pilot Freight Services (Pilot), a U.S.-based provider of full-service and cross-border logistics solutions. This is Maersk’s first acquisition of 2022, subject to regulatory approvals, and the transaction is expected to close in the second quarter of 2022.

Maersk commented on the acquisition: “This is another important step in our ability to deliver a truly end-to-end integrated logistics capability.”

According to reports, Pilot was established in 1970, specializing in the transportation of oversized/oversized cargo in the B2C and B2B business fields in North America. It currently has 87 locations in North America and has deep B2C expertise in retail, home and electronics.

Following Maersk’s acquisition of Pilot, the two companies share more than 150 logistics facilities in the United States, including distribution centers, logistics hubs and warehouses.

Maersk said: “The depth of Pilot’s onshore logistics, combined with Maersk’s global network, will create new value and provide high-quality and fast transportation services to end consumers in the market.”

Commenting on the acquisition, Vincent Clerc, CEO of Maersk Marine & Logistics, said: “Maersk has always been committed to developing truly integrated logistics services for its customers, offering better visibility, more control and greater flexibility. Acquiring Pilot will allow us to “provide better solutions for our customers and support them in accelerating their e-commerce business transformation.” In addition, by utilizing the company’s network resources, we will create more synergies. “

In addition, according to Maersk’s latest 2021 performance figures, revenue rose 55% to $61.8 billion and earnings before interest, tax, depreciation and amortization (EBITDA) tripled to $24 billion.

Maersk Key Performance Figures for 2021

Maersk continued to strengthen its logistics and services business in 2021, with revenue rising 41% to $9.8 billion. In addition, Maersk has acquired 6 aviation, e-commerce, warehousing and distribution companies and opened 85 new warehousing facilities, thereby increasing the capacity and coverage of its logistics and services business.

In terms of shipping business, due to the disruption of the global supply chain and high freight rates caused by the epidemic, Maersk Line’s business profits increased significantly, with revenue increasing from $29.2 billion in 2020 to $48.2 billion. To improve supply chain predictability, Maersk has significantly increased container equipment and shipping capacity, prioritizing space for long-term customers. Maersk said the percentage of long-term contracts is now 65%, compared with 50% a year ago.

Notably, the use of Maersk’s digital solutions and services will grow significantly in 2021, with revenue from Maersk’s official website Maersk.com reaching $38 billion. Website traffic increased by 15% as customers continued to further adopt digital solutions. Additionally, bookings through the mobile app have increased by more than 15 times.

Maersk CEO Søren Skou said: “The extremely special market environment has driven our record growth and profitability, but has also disrupted global supply chains, with customers facing very serious challenges in terms of terminal efficiency and continued expansion of our global logistics business. “

He expects current market conditions to continue into the second quarter of 2022, with a gradual return to normal in the second half of the year

MSC and Maersk's capacity gap widens

By Lake | February 04, 2022

According to data released by Alphaliner, as of January 28, 2022, the total number of container ships in operation worldwide reached 6,320, an increase of 2 from the beginning of January, with a total global capacity of 25,385,045 TEU, an increase of 39,930 TEU from the beginning of January, and a total of 304,412,104 deadweight tons of operating ships.

Former 20 large groups, in the direction of expulsion from the company, compared to the beginning of January, and small changes.

Among them, the star navigation power transcendental Wan Hai line, the two-way expulsion exchange, the 10th person in the division, the 11th person in the sum. X-Press Feeders Group 15th place, Japanese UniFeeder Exclusion Exchange, UniFeeder Exclusion 17th. Other than that, the company’s name is not changed.

In terms of specific capacity, the CMA CGM Group has the largest increase in total capacity. Compared with the beginning of January, its total capacity increased by 27,969TEU to 3,195,891TEU, and the number of operating vessels increased by 2, from 567 at the beginning of January to 569.

MSC’s total shipping capacity increased by 24,585TEU to 4,309,313TEU, and the total number of vessels in operation was 654, an increase of 9 vessels from the beginning of January. As Maersk’s total shipping capacity decreased by 3,391TEU, the gap between the two was further widened.

X-Press Feeders Group’s total capacity increased by 8,989TEU to 148,620TEU, with 96 vessels in operation, an increase of 6 from the beginning of January.

The liner company with the largest reduction in capacity was Ocean Connectivity, whose total capacity decreased by 8,179TEU to 1,534,082TEU compared with the beginning of January, although the number of vessels in operation remained unchanged at 210.

Next is COSCO Shipping, with a total capacity of 2,924,727TEU, a decrease of 8,052TEU from the beginning of January, and the number of vessels in operation decreased by 4 to 475 from the beginning of January.

The total shipping capacity of Wanhai Shipping decreased by 7,346TEU to 412,213TEU compared with the beginning of January, and the number of vessels in operation decreased by 2 to 145.

MSC eyes majority stake in ITA Airways

By Lake | January 26, 2022

According to a report by Lloyd’s List on January 24, thanks to its good performance in 2021, Mediterranean Shipping Company (MSC), the world’s largest liner company with sufficient funds, will expand its business again, this time targeting the air freight field.

Lloyd’s List:

In its latest statement, MSC said it was interested in acquiring a majority stake in Italian airline ITA Airways.

“We plan to form a partnership with the Italian government and Lufthansa to participate in this acquisition,” MSC explained. According to MSC, Lufthansa has already expressed interest in participating in the acquisition.

However, no further details were disclosed as the deal still needs regulatory approval.

It is understood that ITA Airways is an airline wholly owned by the Italian Ministry of Economy and Finance. It will start operations in October 2021, with its business focus on Rome and Milan.

Initially, ITA Airways had 59 routes, which is expected to grow to 89 by 2025. In addition, the company’s fleet size is 52 in the initial stage of operation, which is expected to increase to 78 in 2022 and 105 in 2025.

If the acquisition goes well, it will be MSC’s first foray into the air freight business and another blockbuster acquisition after MSC’s two consecutive acquisitions in 2021.

MSC, which has always been very cautious in the field of acquisitions, has acquired Log-In Logistica Intermodal, a Brazilian integrated logistics solution provider, and Bolloré Africa Logistics, the largest logistics operator in Africa, in 2021.

The acquisition of airline equity also proves once again that under the current special market environment, the ability to provide full-process services in the supply chain will become the core competitiveness of liner companies.

Before MSC, large liner companies including Maersk and CMA CGM had already set their sights on the field of air transport.

In February 2021, CMA CGM established a dedicated air cargo division, CMA CGM AIR CARGO, and started commercial operations in March of that year.

Maersk acquired Senator International, a global freight forwarder headquartered in Hamburg, Germany, in November 2021, aiming to enhance the flexibility and resilience of logistics and supply chains.

CMA CGM signed a contract with SIPG

By Dyrus | January 14, 2022

On January 12, 2022, CMA CGM Group (hereinafter referred to as CMA CGM) and Shanghai International Port (Group) Co., Ltd. (Hereinafter referred to as Shanghai Port Group) held the signing ceremony of the framework agreement for the LNG filling service project for ships in Shanghai Port.

Rudolf Sade, Chairman and CEO of CMA CGM, and Gu Jinshan, Chairman of Shanghai Port Group, jointly attended the signing ceremony.

CMA CGM and Shanghai Port Group have the advantages of international ocean shipping and international seaport terminals respectively. The signing of this contract is an important milestone in the cooperation between the two sides and will further deepen and expand the partnership between the two sides.

According to the agreement, Shanghai Port Group will use a newly built 20,000 cubic meters LNG filling ship to supply LNG fuel to CMA CGM’s 15,000 TEU dual-fuel ship in Yangshan Port Area.

It is understood that Dafei’s 15000TEU dual-fuel ships, deployed on the Pearl River Express Line (PRX) from China to Los Angeles, USA, will be put into operation by the end of 2022.

CMA CGM said that in the first quarter of 2022, Shanghai Port Group will provide a 10-year “ship-to-ship” LNG synchronous filling service for all ships on CMA CGM’s route in Yangshan Port Area.This service is the first synchronous LNG fuel filling service in Shanghai Port and the first LNG synchronous filling operation in Chinese ports.

In response to this cooperation, Gu Jinshan, Chairman of Shanghai Port Group, said: Shanghai Port’s bonded LNG filling business for international navigation ships has been highly valued by the Shanghai Municipal Committee and the Municipal Government, and has also received strong support from relevant competent departments and units in Shanghai.Bonded LNG filling for international navigation ships is of great significance to creating an international first-class business environment for Shanghai port city, improving the service function of Shanghai port and enhancing the comprehensive competitiveness of Shanghai International Shipping Center. This will further strengthen the long-term partnership between SIPG and CMA CGM.

Rudolf Sade, Chairman and CEO of CMA CGM, said: This agreement marks an important milestone in CMA CGM’s energy transformation, as we will be the first liner company to fuel LNG in China. Thank you for the active cooperation between the two teams, and I am glad that the first filling operation in China will be successful soon, which will be conducive to the further development of CMA CGM in Shanghai.

It is reported that CMA CGM has adopted Better Ways? Committed to the sustainable development of the shipping logistics industry. At the same time, it has also participated in the United Nations Zero Emission Competition Initiative, striving to become an absolute zero carbon emission enterprise by 2050, surpassing the “2050 carbon neutral” goal.

All along, CMA CGM has been actively seeking the best solution and taking concrete measures. Since 2017, CMA CGM has chosen to invest in LNG powered dual-fuel ships.

According to reports, LNG powered ships are powered by bio-liquefied natural gas, which can reduce air pollution emissions by about 99% and carbon dioxide emissions by 67% compared with the same fuel container ships.

CMA CGM further said that in the future, these ships will use synthetic methane (including electrical methane) as fuel.It is reported that CMA CGM has a fleet of engines using “electric methane” conditions, 23 of which have been put into operation, and by the end of 2024, CMA CGM expects to have a total of 44 ships of this type.

It is understood that Shanghai Port Group, as the world’s leading terminal operator, has always integrated the concept of green and sustainable development into all aspects of port development, and is committed to becoming a leader in promoting the development of port green ecological construction.

By means of technical support for the development of shore power and oil to electricity, Shanghai Port Group has created an environment-friendly port and achieved a decrease in carbon emission intensity year by year.

The provision of LNG clean fuel filling services for CMA CGM will be one of the contributions made by Shanghai Port Group to reduce the carbon footprint of the shipping and logistics supply chain.