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Archives for February 2023

American Club experiences an encouraging 2023 P&I renewal

February 27, 2023 by
  • P&I tonnage 25% greater than a year earlier, premium up by 17%
  • FD&D premium grows by 20% over the year, tonnage by 26%
  • Charterers’ portfolio poised to increase by 10% in 2023
  • Eagle Ocean Marine strengthens its growing market position
  • Despite a difficult business landscape, Club embraces future with optimism

NEW YORK, FEBRUARY 27, 2023:  The American Club has reported encouraging year-on-year growth in premium and tonnage over the recent renewal period. Increases in both metrics were experienced across all of the Club’s insurance lines, strengthening its position for 2023 and beyond.

Premium income for the Club’s Class I (mutual P&I) entries was 17% greater than a year earlier, with concomitant tonnage growth of 25% over the period. Its Class II (mutual FD&D) portfolio also grew, while its Class III (charterers’) business is poised to increase by about 10% in 2023 by comparison with the previous twelve months.

Eagle Ocean Marine, the Club’s fixed premium facility, which serves the operators of smaller vessels in local and regional trades, also enjoyed a positive renewal season, strengthening its growing market position.

The Club’s Board had mandated an overall increase in expiring premium of 10% for the 2023 policy year, together with uplifts in certain deductibles. In the result, the cash rise on renewing business was just over 9%, with increases in deductibles over and above those generally prescribed, particularly through the application of higher annual aggregate deductibles in several sectors, providing an additional cash value of about 2% overall.

While the Club renewed about 95% of its expiring tonnage over the renewal itself, its renewing premium for 2023 was almost exactly the same as the expiring volume, implying an increase in the average rate per ton on the renewing portfolio of just under 8% by comparison with that of twelve months earlier.

Speaking in New York earlier today, Tom Hamilton, the Chief Underwriting Officer of SCB, Inc., the Managers of the American Club, said: “The American Club experienced a positive 2023 renewal season. Year-on-year tonnage entered for mutual P&I risks grew by 25% to just over 25 million gross tons with an increase in annualized premium to about $108 million. With similar increases in premium and tonnage entered for FD&D and charterers’ risks, as well as a solid portfolio under its Eagle Ocean Marine banner, the American Club commences the 2023 policy year with a premium income in excess of $135 million, an encouraging result providing a sound platform for further expansion over the months and years ahead.”

Dorothea Ioannou, the Chief Executive Officer of SCB, Inc., also commented on the Club’s recent results: “The growth of the Club’s premium and tonnage over the recent renewal reflects the loyalty and commitment of its Members and their intermediaries throughout the world. None of this is taken for granted, and will continue to be earned by a dedication to excellence in service provision, supported by a strengthening financial outlook for the Club. While business conditions remain challenging in many respects, the Club and its Managers are sure that the positive results of this renewal will enable further development of the Club’s market position in the future.”

Notes to Editors

The American Club

American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917. It is the only mutual Protection and Indemnity Club domiciled in the entire Americas and its headquarters are in New York, USA.

The American Club has been successful in recent years in building on its US heritage to create a truly international insurer with a global reach second-to-none in the industry. Day to day management of the American Club is provided by Shipowners Claims Bureau, Inc. also headquartered in New York.

The Club is able to provide local service for its members across all time zones, communicating in eleven languages, and has subsidiary offices located in London, Piraeus, Hong Kong, Shanghai and Houston, plus a worldwide network of correspondents.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

The American Club also operates a fixed premium facility, Eagle Ocean Marine (EOM), aimed at the operators of smaller vessels in local and regional trades. Since it commenced underwriting in 2011, EOM has enjoyed considerable success in building a growing footprint in this specialist market and generating strong profitability for the Club.

For more information, please visit the Club’s website http://www.american-club.com/

P&I Insurance

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations; typical exposures include damage to cargo, pollution, death/injury or illness of passengers or crew or damage to docks and other installations.

Running in parallel with a ship’s hull and machinery cover, traditional P&I cover distinguishes itself from usual forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.

Filed Under: The American Club

Solid results for GEODIS in 2022, confirming the Group’s strong growth dynamic

February 24, 2023 by

·         Revenues of €13.7 billion, up 19% compared to 2021, on a like-for-like basis, and up 68% compared to 2019[1].

·         EBIT[2] of €518 million, a 10% increase compared to 2021, on a like-for-like basis, and 90% higher than in 2019[1].

Bordeaux, 21 juillet 2022. Agence Geodis de Bordeaux.


Commenting on the annual results for 2022, Marie-Christine Lombard, Chief Executive Officer of de GEODIS, said:

“In 2022, GEODIS achieved a record level of performance for the third year in a row. These excellent results in a challenging economic and geopolitical environment stem from the expertise of our teams, the complementary nature of our various businesses and our ambitious development strategy. I am particularly proud of the work accomplished by the Group’s 49,400 employees, and I would like to thank them for their unfailing commitment.

“Although uncertainties remain in 2023, we remain confident in GEODIS’s growth prospects. Thanks to the diversity of our businesses and geographies and to our operational agility, we are looking forward to 2023 with determination. We will continue to pursue our growth dynamic in the service of our customers, the digitalization of our businesses and the implementation of our environmental commitments, which remain one of our key priorities.”

A performance that confirms the Group’s strategic choices

  • Sharp increase in revenues and profitability

GEODIS reported revenues of €13.7 billion in 2022, 19% higher than in 2021. This performance was driven by sustained activity across all the Group’s Lines of Business and demonstrated the relevance of its business model.

The Freight Forwarding Line of Business benefited from a favorable market environment, as freight rates remained high in both air and marine transport. Nonetheless, the fourth quarter of 2022 marked the end of the price boom caused by the pandemic. Even so, prices remain highly volatile.  

The Contract Logistics Line of Business saw a sharp rise in revenues in the United States as a result of business development and growth in volumes of existing customers. Business in Europe also continued to grow, despite an underlying decline in consumption in an inflationary environment as of the second semester.  

The Distribution & Express Line of Business managed to increase its volumes and its result by comparison with 2021 in spite of increased production costs owing to inflation.

The Road Transport Line of Business again enjoyed a high level of growth, largely because of increased business in southern and eastern Europe.

Overall, this performance resulted in a significant increase in profitability, with EBIT increasing by 10% to €518 million and EBITDA[3] standing at €1,163 million.

  • Growth boosted by strategic investments

In line with its “Ambition 2023” plan, GEODIS carried out further investments to strengthen its positions in core geographical zones and to expand its service offerings in certain Lines of Business. The Group has consolidated its integrated network of transport and logistics platforms on a worldwide scale.

In 2022, GEODIS carried out several targeted acquisitions:

  • Acquisition of Keppel Logistics, which has warehousing capacity in Singapore. This operation strengthens the Group’s Contract Logistics and e-Commerce services in Asia-Pacific.
  • Acquisition of Need It Now Delivers in the United States, which operates an excellent domestic freight network. Thanks to this acquisition, GEODIS has extended its presence in this strategic area, increased its capabilities in contract logistics and in urban logistics.
  • Proposed acquisition of trans-o-flex, a specialist in the controlled-temperature transportation of pharmaceutical products and a leading player in the premium express transport sector in Germany. This acquisition will establish GEODIS as one of the most prominent players in the key market of healthcare and will significantly enhance its delivery capabilities in Europe. Completion of this transaction is scheduled for the first quarter of 2023.

An increasing number of decarbonization initiatives to ensure responsible growth.

At GEODIS, growth is based not only on economic performance but also on the ability to control and reduce the environmental impact of its activities.

In 2022, GEODIS increased initiatives to reduce carbon emissions across all of its Lines of Business.

  • Greener fleets for road transport

GEODIS is accelerating the greening of its fleets with investments in low-carbon technologies. 420 biogas or electric vehicles are currently scheduled for delivery. These vehicles will enable low-carbon solutions to be employed for last-mile deliveries in the city centers of the 40 largest metropolitan areas in France by 2024.

GEODIS has also signed a partnership agreement with Renault Trucks to develop electric 16-tonne trucks designed specifically for urban logistics.

  • Acceleration of multimodal shipping

GEODIS is pressing ahead with the development of rail-road solutions, particularly to destinations in Italy, bringing the number of trains running on the European rail network to over 100 per week.

  • Development of an offer of alternative fuels for ocean and air freight

GEODIS offers its customers the option of using sustainable fuel, which results in reductions in greenhouse gas emissions of up to 90% for ocean and air freight. The biofuel used for aviation is processed from biomass (Sustainable Aviation Fuel), while the alternative fuel used for marine freight is mostly produced from recycled oils (Sustainable Marine Fuel).

A solid outlook in an uncertain environment

Although the current macro-economic environment is uncertain, GEODIS’s growth prospects remain solid thanks to the diversity of its business portfolio and geographic locations.

In the future, the Group intends to pursue its development and capture new markets by accelerating its digital transformation, while enriching its portfolio of new offerings for its customers in all parts of the world.

GEODIS – www.geodis.com

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

[1] On a like-for-like basis; the reference to 2019 is provided to allow comparison with a normal year unaffected by Covid.

[2] Earnings before interest and taxes

[3] Earnings before interest, taxes, depreciation and amortization

Filed Under: GEODIS

TT Club Innovation in Safety Award Winners Announced

February 23, 2023 by

The winner of the prestigious safety award made possible by the collaboration of ICHCA International (ICHCA) and TT Club for the fifth time was announced as AP Moller Maersk for its APMT Vessel Inspection App.  The winner and fellow short-listed entrants, Exis Technologies and Intermodal Telematics were present at the ceremony to showcase their innovations.

Caption :  Richard Steele, ICHCA, Morten Engelstoft presenting to Nissa Ibrahim of APM Terminals, Peregrine Storrs-Fox, TT Club.

Both ICHCA and TT are delighted that the now well-established industry accolade, with its strenuous process of entering and judging have once more celebrated safety innovation within the cargo handling and transport sector.  There is now a real focus by organisations across the world on constantly searching for better solutions to the challenges of improving safety.

At the first ‘live’ Innovation in Safety Awards ceremony for four years, held in London today, all three finalists gave presentations of their ground-breaking initiatives, which through their variety of application reflected the broad categories represented by the twenty award entrants drawn from thirteen countries, and covering such diverse fields as digitalisation processes, learning and predictive data application as well as safer physical operations and equipment.

The winning innovation was APMT’s Vessel Inspection Mobile App.  “We are delighted with this recognition for the safety app we have developed in-house in collaboration with Maersk,” said Jack Craig, Chief Operations Officer at APM Terminals.  “The app provides a standardised digital platform for terminals to carry out vessel inspections, highlighting potential critical risk. It underpins our continuous focus on safety throughout our operations and is a great example of how we can smartly deploy technology to be even better at this.”

Joining APMT on the short-list and presenting its Hazcheck Detect innovation was Exis Technologies.  Chief Information Officer Mike Durkin said, “Hazcheck Detect can be accepted by competing carriers, offering the same technical solution with similar rules and immediate outcomes for cargo screening. This is critically important to prevent mis-declared and undeclared cargo being accepted or cancelled and re-booked on alternate carriers. We are honoured to be shortlisted for this award among a host of impressive entries.”

Making up the finalist’s podium was Intermodal Telematics BV (IMT) and its innovative Tank Container Temperature Monitoring.  “Safety remains a very hot topic across the tank container transport sector,” said Bernard Heylen, Sales Director at IMT. “With our multiple temperature alerting system we offer a digital answer to the increasing demand to transport dangerous goods safely and monitor them remotely. We continue to work in the interests of improved service quality, and in maintaining social responsibility by preventing dangerous incidents.”

Welcoming delegates (and online participants) to the awards ceremony and its accompanying safety seminar, ICHCA’s CEO Richard Steele underlined the aims of the on-going innovation in safety campaign, of which the awards are a critical part.  “We, of course acknowledge safety innovation – especially at a time of increased operational demand on global cargo handling. However, this is much more than a celebration. Our mission is also about, learning and thought leadership.  Our priority is to share these ideas with a wide audience, improving how we all can commit to continuous improvement in health and safety.  The award highlights direct evidence that our industry is actively innovating and changing.”

Steele went on to recognise the awards sponsor, “If you want evidence of industry commitment, look no further than the TT Club.  Not just sponsors in name but actively rolling up their sleeves and proactively driving an innovation and continuous improvement agenda.”

TT Club has been a driving force behind these awards since their inception, and very much committed to improvement in safety as a whole.  Peregrine Storrs-Fox is TT’s Risk Management Director, “We are delighted that the award has continued to attract substantial interest around the globe and across the industry, again demonstrating a passion to enhance safety and dynamic action to make this reality. We are pleased to report that this passion is shared by such a diverse group of operators and suppliers, with this year also featuring submissions designed for environmental protection and monitoring,” he commented.

The event announcing the winners was enhanced by a seminar which featured two discussion panel sessions on managing personal injury risk and minimising damage in cargo in transit with speakers from DP World, , Rombit, ConnexBird and the Safetytech Accelerator as well as TT Club and ICHCA.  The Keynote Speech was delivered by the vastly experienced Morten Engelstoft.  A recording of the proceedings is available on request.

“The Awards have been, and remain pivotal to our safety campaign,” emphasised Storrs-Fox.  “However through our own, and our colleagues at ICHCA’s cooperation with conference and exhibition organisers TOC, I am pleased to announce that the Safety Village initiative launched at TOC Europe last year will be repeated and enlarged at the same event in Rotterdam in June.”

The TT Club Safety Village will once more be the venue for workshops and panel sessions throughout the three days of the TOC Europe event. It will also provide opportunities for companies to showcase their innovative safety devices, processes and products. “Providing a focal point for discussion and promotion of such innovations at a leading industry forum will continue to benefit the cause of safety in the supply chain and the development of new solutions to manage significant risks,” concluded Storrs-Fox.

ENDS.

About ICHCA International

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.


Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan and plus Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

www.ichca.com

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1,100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Filed Under: ICHCA, TT Club

“K” LINE Conducts Trial Use of Marine Biofuel on Capesize Bulker to Help Decarbonize the Shipping Industry

February 22, 2023 by

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted the trial use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended with very low sulfur fuel oil (VLSFO), which was supplied by integrated energy company bp to the Capesize bulker “CAPE TSUBAKI” with the cooperation of the charterer, JFE Steel Corporation. This is third successful trial use of marine biofuel by a “K” LINE vessel. “K” LINE would like to accumulate expertise on the operation and use of biofuels.

The vessel was supplied with the biofuel in Singapore on 26 November 2022. In December 2022, after completing the loading of Iron Ore at Ponta da Madeira, the vessel started consuming the biofuel while navigating to the discharging port in Kawasaki. In this trial, biofuel had been stored for 2 months in a tank, and the biofuel was used for the long voyage after storage without any large problems. The FAME component of the marine biofuel blend used in this trial enabled a GHG emissions reduction of about 80-90% in the well-to-wake (from fuel generation to consumption) process without changing current engine specifications.

In addition to this trial, “K” LINE already has conducted the same kind of trial use of marine biofuel for a Supramax bulker for carrying hot-rolled steel coils with JFE Steel Corporation*1. Now “K” LINE has also conducted this trial for their raw materials shipments. “K” LINE aims to contribute the decarbonization of all of the marine transportation in the customer’s supply chain.

In “K” LINE Environmental Vision 2050 -Blue Seas for the Future-*2, we have set the 2030 interim target of improving CO2 emissions efficiency by 50% compared with 2008, surpassing the IMO target of a 40% improvement. Furthermore, we set our new target for 2050 as “The Challenge of Achieving Net-Zero GHG Emissions.” As an action plan, we will continue to work on the introduction of new fuels which have a low environmental impact and take on the challenge of achieving the targets we have established.

*1. August 26th, 2022.

“K” LINE Conducts Trial Use of Marine Biofuel for Decarbonization on Supramax Bulker

https://www.kline.co.jp/en/news/drybulk/drybulk-4419591465105910059/main/0/link/220826EN.pdf

*2. “K” LINE Environmental Vision 2050 -Blue Seas for the Future-

As an action plan for GHG reduction, we are introducing zero-emission fuels such as ammonia and hydrogen fuels, as well as carbon-neutral fuels such as bio-LNG and synthetic fuels.https://www.kline.co.jp/en/csr/environment/management.html

Filed Under: "K" Line

GEODIS continues IATA CEIV program with eight sites in Europe now certified

February 22, 2023 by

By the end of 2022, GEODIS had received the IATA CEIV Pharma certification in 7 additional sites in EUROPE on top of the already existing site in Amsterdam, Netherlands.

Having this certification ensures that facilities, equipment, operations and staff comply with the appropriate applicable standards, guidelines and regulations expected from a pharmaceutical manufacturer. This industry-wide standard aims to extend industry best practice and achieve a globally acceptable standardization. By forming a common baseline from existing regulation and standards, this certification ensures international and national compliance to safeguard  product integrity while addressing specific air cargo needs in pharma logistics.

Pharma projects for GEODIS are looking extremely promising entering 2023 and will benefit further from IATA CEIV certification at the following sites in the EUROPE region: London, UK; Manchester, UK; Frankfurt, Germany; Arlanda, Sweden; Budapest, Hungary; Warsaw, Poland; Brussels, Belgium; and the already validated site in Amsterdam, Netherlands, which gained certification in December, 2021.

Thomas Kraus, GEODIS’ President & CEO of the EUROPE Region said, “Having 8 sites CEIV-certified within 1 year demonstrates the commitment of the EUROPE Region of GEODIS to pharma logistics excellence. Our goal is to be an essential part of the growing GEODIS pharma network worldwide for the sole benefit of our pharma customers and the patients using their products.”

GEODIS – www.geodis.com  

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

Filed Under: GEODIS

GEODIS partners with Volvo Australia to pilot electric trucks for freight forwarding

February 21, 2023 by

The pilot program seeks to establish more sustainable road networks for freight forwarding in Australia

GEODIS, a global leader in the transport and logistics sector, has joined hands with Volvo Australia to pilot the first Fully Electric (FE) variant truck for freight forwarding within the Australian market. This strategic partnership will deploy Volvo’s FE model trucks – powered by both solar energy and energy-efficient charging systems – as part of a concerted effort to support long-term customers with sustainable delivery solutions to complement existing freight forwarding services across the local market.

Image Caption:  l-r: Tim Camelleri, Electromobility Manager, Volvo Group Australia, Stuart Asplet, sub-regional Managing Director, GEODIS Pacific.

The Volvo FE truck is powered by ABB’s state-of-the-art charging infrastructure, which not only accelerates charging but also enables the vehicle to draw power from existing solar infrastructure. As part of the pilot program, GEODIS will be assessing factors, including the driving range, the suitability for heavy loads of up to 7,500 kilograms to be transported across 200-kilometer ranges within metropolitan areas via FE trucks before committing to a larger-scale roll-out across its fleet in Australia. The full integration of these trucks into GEODIS’ Australian fleet is set to completely remove fine particles and nitrogen oxide, in addition to ensuring a 95 percent reduction in direct carbon emissions, compared to existing diesel vehicles performing the same function.

“We recognize the growing importance of integrating both sustainable and innovative solutions into the supply chain ecosystem, especially as more of our customers look to us to transport their cargo in an ethical and sustainable manner,” said Stuart Asplet, Sub-Regional Managing Director, Pacific at GEODIS. “This initiative serves not only as a testament to our long-standing relationship with Volvo but also to our collective vision to decarbonize the supply chain industry, even as we continue to expand our services to meet evolving customer needs. We look forward to formalizing many more of such milestones as we continue to take steps forward to reduce our impact on the environment.”

As part of a long-term plan to decarbonize the supply chain, GEODIS has also built a robust ecosystem to ensure future FE trucks can be fully optimized across its road network. With the support of Volvo Australia’s e-mobility team, GEODIS has upskilled its drivers with electric-vehicle training and designed holistic route and load planning processes to get the most efficient use of the assets. Partners like Goodman Group were also brought on board to install solar panels and charging infrastructure across GEODIS’ facilities, paving the way for the further electrification of the GEODIS fleet.

“We are thrilled to be working with GEODIS on this pilot program to extend our Volvo FE fleet within the Australian heavy vehicle market. Bringing low-carbon and more circular transport solutions has always been a key priority for us, and this strategic partnership is one of the many steps that we are taking to build a more energy-efficient transport ecosystem for the market. By developing lower-emissions and safer transport solutions, we hope to be able to provide our customers and their stakeholders the ability to also reach their sustainability targets,” said. Tim Camilleri, Electromobility Manager, Volvo Group Australia

GEODIS has also been ramping up the implementation of other low-carbon transport systems, including building efficient, multimodal transport networks – that tap into the use of rail, short sea shipping, and inland waterways – and fully optimizing the volume and payload of fleets. GEODIS has also launched its Sustainable Fuel Program worldwide, which aims to accelerate the use of alternative and renewable fuels, including marine fuels, to reduce greenhouse gas emissions.   

GEODIS – www.geodis.com  

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

Filed Under: GEODIS

“K” Line Group Exhibits at Wind Expo 2023

February 20, 2023 by

“K” Line Group’s goal of supporting the offshore wind supply chain

“K” Line Group will participate in Wind Expo 2023 to be held from March 15th to 17th at Tokyo Big Sight, following up on our presentation in 2022.

Having established “K” Line Wind Service with a focus on developing the offshore wind-related business in June 2021, we have been pursuing best solutions to support the future supply chain of Japanese offshore wind. To enhance our experience and extend our strong track record in the offshore support vessel businesses in Japan and globally, we have agreed with several partners to jointly develop ideal solutions and best practices for marine operations in Japanese waters. We will present these activities and our vision for the future of Japanese offshore wind at the Wind Expo.

“K” LINE, “K” Line Kinkai, K Line Logistics and Daito Corporation will present our activities with ship models and movies. “K” Line Wind Service will also give a presentation at the PR Seminar on March 17th (Fri) 11:30. You are always welcome at our booth and for the seminar. Please visit us!

Information about the Wind Expo

Name:Wind Expo at World Smart Energy Week, Tokyo Show
Organizer: Japan Wind Power Association (JWPA), RX Japan Ltd.
Date:March 15th (Wed) to March 17th (Fri) 2023
Place :Tokyo Big Sight East Exhibition Hall
Booth No.: 42-30

PR Seminar

Date/Time:  March 17th, 2023 11:30
Place:  Tokyo Big Sight East Exhibition Hall (G)
Speaker:   Satoshi Kanamori, Executive Officer, Kawasaki Kisen Kaisha, Ltd., Managing Director, “K” Line Wind Service, LTD.
Title:  “K” Line Wind Service Goal “Supporting the Offshore Wind Supply Chain”
Filed Under: "K" Line

Mr. Marine acquires Atlas Marine Services Pte Ltd.

February 15, 2023 by

Mr. Marine has acquired 100% of the shares in Singapore-based Atlas Marine Services Pte Ltd. With this acquisition, Mr. Marine strengthens its position in Singapore, the world’s busiest port and a key global hub for testing, inspection and certification (TIC) services for the shipping industry. Mr. Marine is the world’s leading TIC company for marine elevators and it is rapidly growing its global presence in the gas detection and ballast water treatment markets. Atlas Marine is a leading Singaporean company for gas detector calibration and certification, with a strong team of highly skilled technicians.  With the acquisition of Atlas Marine, Mr. Marine will become a market leading TIC company in Singapore.

Mr. Marine’s existing Singapore team will be merged into Atlas Marine. Atlas Marine will continue to operate under its own brand name, as a Mr. Marine Company. The combined company has a team of 18 people in Singapore, which is expected to grow. Mr. Marine employs 89 people, with offices in Rotterdam (headquarters), Dubai, India, Singapore, Shanghai and Panama, plus a global network of more than 180 service engineers.

Karel Peters, CEO of Mr. Marine: “Shipping companies want fast, reliable, quality service worldwide. Our one-stop-shop global service for marine elevators is very successful and we are rapidly replicating our model to ballast water treatment systems, gas detectors and other onboard equipment. We welcome the Atlas team to the family and we are greatly looking forward to expanding our business together, in Singapore and beyond.”

About Mr. Marine

Mr. Marine was established in 2002. It is global market leader for the inspection, certification and repair of marine elevators, as well as for gas detectors and ballast water treatment systems. Mr. Marine has a global network of strategically located service engineers that provide TIC services in over 300 different ports worldwide. Its expanding client base includes many of the world’s leading ship owning and management companies. The company has doubled its business in the past two years.

About Atlas Marine

Atlas Marine was established in 2004 in Singapore. It has a team of experienced service engineers and provides testing, certification and repair services for a range of onboard equipment, including gas detectors, ballast water treatment systems, scrubbers, UTIs and other sensor systems. Atlas Marine has its own office and warehousing facilities in Singapore.

Filed Under: MR Marine Group

2022 — A Year in Focus: Lessons Learnt in a World Full of Risk

February 14, 2023 by

Specialist insurance provider to the International freight transport and logistics industry, TT Club prides itself on consistently drawing attention to the ever-changing risk profile of this complex sector. Its latest publication ‘2022 – A year in focus’ is a distillation of the diversity of advice it offered last year to maximise the effectiveness of transport operator’s and cargo handler’s risk management actions.

Loss prevention is central to TT’s service ethos and last year saw its professional risk management experts deliver insight into the extent and detailed characteristics of many of the critical threats to the safety and security of global freight supply chains, many of which are on-going.  ‘2022 – A year in focus’ the complete twenty pages of which are available for free download HERE , reaffirms the advice TT offers to counter these high-level risks.

Peregrine Storrs-Fox, Risk Management Director explains TT’s risk mitigation philosophy further, “While the loss prevention team strives to identify topics and initiatives that contribute significant value to both Members and the industry at large, the wider mission of helping to make the industry safer and more secure remains core to the entire TT operation. In this publication, in addition to reviewing an array of risk management guidance materials produced throughout the year, colleagues across the world offer insights on particular threats they are seeing on a day-to-day basis, demonstrating the breadth and depth of the global expertise.”

So while the review continues to highlight TT’s campaigns to bring a more widespread awareness of such dangers as lithium-ion battery transport, quay crane boom collisions, freight crime, warehouse security and abandoned cargo it also presents the experiences of the TT service network from Greece to Taiwan, from Argentina to Hong Kong and from the USA to Turkey.  Such practical insight includes advice on General Average, detention charges as a result of port congestion, risks surrounding LOIs (Letters of Indemnity) as well a ‘full liability contracting’ and air cargo cover.

TT therefore offers ‘2022 – A year in focus’ not just as a review of what has been but as a guide to on-going risks and hazards that those engaged in the global freight supply chain can either learn from or use to refresh their risk management policies.  Managing Director, Loss Prevention, Mike Yarwood emphasises cooperation as key, “Working together to understand individual business and industry needs is vital to ensure that loss prevention activities remain relevant and valuable. We cannot create this content alone. The running message throughout this publication is that each and every initiative has been driven by feedback from our Members and brokers, which provides invaluable on-the-ground input to achieve a safer, more secure and more sustainable trade environment.”

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1,100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more. www.ttclub.com

Filed Under: TT Club

ICHCA Welcomes Husky Terminal as a New Corporate Member

February 8, 2023 by

Husky Terminal and Stevedoring, LLC of Tacoma in the USA is a new member ICHCA International (ICHCA), the global association representing cargo handling companies. 

08 February 2023

Husky provides stevedoring services, container yard and railhead transfer operations as part of the Northwest Seaport Alliance at the port of Tacoma.  It’s international ocean transportation terminal, services ocean carriers – Hapag Lloyd, Yang Ming, Ocean Network Express (ONE) and Hyundai Merchant Marine (HMM) – as well as the regional trucking community and the mainline railroads. ICHCA brings together a wide range of players from within the cargo handling sector that perform a vital role in driving the world economy.  The wide-ranging extent of its membership is enhanced by welcoming such an experienced and successful stevedore company as Husky to its ranks.

“Husky Terminal and Stevedoring, LLC in partnership with our qualified workforce partners, provides best in class marine terminal services and innovative solutions for our carrier, cargo owners and drayage customers that utilize Husky Terminal” said Dustin Stoker, Husky’s President.  “We are excited to join the ICHCA community to reaffirm our commitment to safe and sustainable operations. Our membership with ICHCA is another positive step in our pursuit to zero harm to our people, environment and community.”    

“It is always a pleasure to welcome a new colleague to our ICHCA community,” said ICHCA’s CEO Richard Steele.  “The diversity of our membership both geographical and from the viewpoint of operational functionality is vital in enabling ICHCA to be a relevant influence on the standards of safety through our industry and around the world.  The professionality and knowledge that Husky’s organisation represents further strengthens that influence.”

ICHCA’s NGO status at the International Maritime Organization (IMO), International Labour Organization (ILO) and other key UN agencies allows it, on behalf of its members to monitor, contribute to, and guide the development of regulations that impact both cargo handling and transport around the globe.

About ICHCA International

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.

Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan and plus Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

www.ichca.com

Filed Under: ICHCA
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