Hapag-Lloyd attempts to avoid a ‘messy’ IMO 2020, unveiling its ‘fairer’ MFR

By Mike Wackett

Hapag-Lloyd has rolled out its plans for recovering the extra cost of compliance with IMO’s 0.5 per cent sulphur cap for shipping, which comes into force in less than 15 months. It no doubt hopes its proposals will be better received by customers than those of its rivals – slammed by suspicious shippers as “lacking transparency” and  “blatant profiteering”. (more…)

Freight Management Association elects new Chair and Vice-Chair

Following the Freight Management Association of Canada (FMA) Annual General Meeting in Toronto on October 15, the Board of Directors elected Gary Fast, Vice-President Transportation Canadian Tire, as Chair of the Association and Kleo Landucci, Chief Commercial & Corporate Affairs Officer of Ashcroft Terminal Ltd. as Vice-Chair for 2018-2019. Mr. Fast and Ms. Landucci have been members of FMA’s Board of Directors for some time and bring extensive supply chain experience to the Association and its member companies. (more…)

China-U.S. trade war brings box carriers a bonus – but 2019 looks less promising

By Sam Whelan, Asia correspondent

The U.S.-China trade war has seemed “positive” for transpacific shipping lines, so far, with importers rushing to beat tariff deadlines. But there is growing concern that a prolonged dispute would leave shippers with question marks on whether to reorganize their supply chains. APL Chief Executive Nicolas Sartini believes the industry should still achieve trade growth this year of around 5 per cent. “So far it’s paradoxical, because the trade war has been rather positive for shipping companies,” he told delegates at the TPM Asia conference in Shenzhen. (more…)