More automotive shippers board expanding K+N Asia-Europe rail services

By Alexander Whiteman

Growing demand from automotive shippers has led Kuehne + Nagel to expand its Asia-Europe rail service into Japan and South Korea. The move comes six months after the launch of the Asia-Europe rail connection, which a spokesperson told The Loadstar was showing “reasonable upward growth” in volumes. “Our automotive customers in Japan and South Korea asked us to expand the service to them,” said the spokesperson.

(more…)

China crackdown on quality of waste imports a blow to recycling sector

By Mike Wackett

China’s Ministry of Environmental Protection (MEP) has rejected claims that the government’s radical steps to cut pollution, including closing factories and banning the import of certain grades of plastic and paper scrap will push up prices. At a summit meeting of the MEP in late September, Cui Shuhong, Director of Environmental Impact Assessments, dismissed claims that China’s tougher pollution controls would harm economic growth.

(more…)

Don’t believe the hype – there is a long way to go before digitization revolutionizes container shipping, says Alphaliner

By Gavin van Marle

Predictions that the current crop of disruptive digital start-ups will revolutionize container shipping has been disputed by a leading liner analyst. Alphaliner suggested that, despite the considerable hype and hundreds of millions of dollars raised by freight and logistics start-ups in Silicon Valley and elsewhere, evidence suggests that the container shipping industry is peculiarly resistant to being radically transformed.

(more…)

Time is money: report shows carrier reliability leads to higher profits

By Alexander Whiteman

Reliability does positively impact container line profitability – at least according to SeaIntel’s latest Sunday Spotlight. Recently, there has been a belief that a carrier’s relative profitability was independent of its reliability relative to competitors.

To test this, SeaIntel calculated coefficients between profitability and reliability across 14 quarters, using data from the major carriers that publish financials on a quarterly basis. Analyzing results from the first quarter of 2014 to the second quarter of 2017, the report found only a 5.7 per cent probability that reliability and profitability were not linked.

(more…)

Hapag-Lloyd fleet ‘now complete’ as latest UASC newbuild ULCV is delivered

By Mike Wackett

Hapag-Lloyd has taken delivery of the last of 17 ULCVs ordered by UASC in 2013 as “some of the greenest and largest container vessels in the world”. The 15,000-TEU Al Jmeliyah was part of an order of six 19,900 TEU and eleven 15,000-TEU ULCVs from South Korean shipyard Hyundai Samho Heavy Industries. The $2 billion order was for the first “LNG-ready” ULCVs, built to mitigate the-then runaway cost of oil. However, oil prices subsequently collapsed and the conversion to LNG was no longer economically viable.

(more…)