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…)

OOCL announces bunker recovery surcharge to cover IMO 2020 compliance

By Mike Wackett

OOCL plans to begin the switch to low-sulphur fuel for its fleet of around 100 container vessels during the second half of next year, in readiness for compliance with IMO 2020.

Unlike some of its peers, the carrier has made no reference to scrubber technology that would enable vessels to continue to burn cheaper heavy fuel oil (HFO) from 1 January 2020 when the 0.5 per cent sulphur cap becomes law. The Cosco subsidiary said it had estimated the extra cost of compliance with IMO 2020 for its vessels could be more than “half a billion dollars”. (more…)

Ports need to think outside the box to make their terminals more cost-effective

By Sam Whelan

Pressure is mounting on container ports to improve efficiency in terminal operations, as wholesale change in the shipping industry continues to increase competition and drive down revenue per box. According to Mark Welles, Navis Vice-President and General Manager, Asia Pacific, terminal operators are “aggressively attacking their cost base and figuring out ways to use some of their tools to do more with less”. This includes using automation to drive incremental changes that improve operational efficiency, whether waterside or at the terminal gate. “Terminals are making the small or large changes they need to keep their businesses moving ahead against the challenges from consolidation on the carrier side,” he told The Loadstar. (more…)