Transport communications

Portcare International is the press relations consultancy for the shipping and logistics industry. Formed by transport people for transport people. We can truly claim to understand our clients’ needs and ‘talk the same language’. Portcare provide effective, value for money PR to some of the industry’s best-known names.

GEODIS Voted Airfreight Forwarder of the Year for the Fourth Time

May 12, 2015 by

The ACW World Air Cargo Awards are among the most prestigious in the industry – and GEODIS has now won the accolade of Airfreight Forwarder of the Year for a fourth time. The award presentation was made to Henk Venema, Global Product Director Air, at a ceremony during the world’s largest transport and logistics event, at TL Munich, in Germany.

Kim Pedersen, Executive Vice President of GEODIS Freight Forwarding, said, “We are honored that our customers around the world have recognized our consistent standard of air freight service by voting for GEODIS in such numbers once more. Under the recently unified banner of GEODIS we are proud to receive the recognition that our airfreight product is differentiating and a key solution in our efforts to help our customers overcome their logistical constraints.”

Marie-Christine Lombard, CEO of GEODIS, added: “Being an award based on our customers’ votes, this achievement perfectly underlines what GEODIS stands for. It emphasizes that we, as a key provider of supply chain solutions, indeed are a strategic partner for our clients in their ambition to grow their international business.”

The key criteria on which voters were asked to rate entrants in the Airfreight Forwarder category were global coverage, customer service, focus and performance, as well as commitment to developing technology. GEODIS prevailed as the winner from a short-list of service providers that represent the world’s top selection of global forwarding and logistics companies.

Prior to this year, GEODIS also won the same award in 2010, 2011 and 2014. The awards, which are hosted every year by the industry publication, Air Cargo Week are presented during of the world’s largest transport & logistics conferences, TL Munich and TL Shanghai.

GEODIS – www.geodis.com

Supply chain operator and subsidiary of SNCF Logistics, GEODIS is a global European company (4th logistics provider in Europe). Through its ability to overcome logistical constraints and coordinate the different steps of the logistic chain (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, Road Transport), the Group is the growth partner for its clients and offers them tailored solutions. With over 30,000 employees in 67 countries, the Group constantly innovates to improve its performance and add value to its customers supply chain. GEODIS reported €6.8 billion in revenue in 2014.

For more information about GEODIS go to www.geodis.com

Filed Under: GEODIS

“K” Line Enters Long-Term Time Charter to Serve Mitsui & Co., Ltd.

May 12, 2015 by

May 12, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce that a joint venture comprising “K” Line, Mitsui & Co., Ltd. (Mitsui, Head Office: Tokyo, President: Tatsuo Yasunaga) and Imabari Shipbuilding Co., Ltd. (Imabari, Head Office: Imabari, President: Yukito Higaki) has concluded the agreement to enter into a long-term Time Charter contract with Mitsui for its Cameron LNG Export Project in the U.S.A..

Mitsui, through its subsidiary company in the U.S.A., is participating in this project and will be off taking the LNG once the production starts.

The vessel to serve the project will be built in Imabari and equipped with an electronically- controlled dual fuel gas injection diesel engine (ME-GI).

By utilizing the knowledge and network established for more than 30 years in LNG transport business, “K” Line is achieving consistent growth and corporate value improvement which is incorporated as part of the “K” Line Group’s new medium-term management plan “  Value for our Next Century.”

Outline of the contract:

Date of Contract May 11, 2015
Charterer Mitsui
Owner Trinity LNG Transport S.A.

(A joint venture of “K” Line, Mitsui and Imabari)
Term of Contract Maximum 25 years after delivery
Vessel Membrane type LNG Carrier (Capacity: 178,000 m3)
Propulsion Electronically-controlled dual fuel gas injection diesel engine (ME-GI)
Builder Imabari
Delivery 2020 (scheduled)
Ship Manager “K” Line LNG Shipping (UK) Limited (planned)
Filed Under: "K" Line

TT Club Highlights the Special Nature of Freight Liability in Russia

May 11, 2015 by

International freight insurer TT Club convened a special seminar at the recent conference on transport and logistics, Trans Russia in Moscow. Lead by TT Club’s General Manager, EMEA, Kevin King and Kirill Berezov from the insurer’s long-established Russian network partner Panditrans, the seminar outlined both the changing nature of the transport operator’s liability in Russia and the idiosyncratic nature of insurance conventions applicable in the region

London & Moscow, 11 May 2015

TT Club believes that there is an urgent need for international freight forwarders, logistics companies and other transport operators doing regular business in Russia to understand fully the extent and nature of the liabilities that they bear when delivering customers’ freight in the country. Increasingly the services which transport operators provide to cargo owners are expanding into areas beyond the straight-forward delivery of inbound containers, to such functions as cross-docking, warehousing, re-packaging, sub-assembly and distribution.

As a consequence, the liabilities for loss and damage to cargo, as well as third party claims, alter from the traditional norms with which they have been more familiar in the past. Education is therefore required so as such transport operators do not, unwittingly open themselves up to the possibility of high value claims against which their previously adequate insurance cover may not protect them.

TT Club, with its experience of twenty plus years as a player in the Russian freight liability arena, a resourceful base in the London market and an extensive global network of correspondents, is well qualified to provide such an education.

Berezov and King took advantage of the forum provided by the annual Trans Russia Conference in Moscow in late April to address some of the issues which often present difficulties to operators in Russia.

“In answering some vexed questions, such as whether there is a limit to transport operator liability, why cargo insurance isn’t an alternative to liability cover and how careful risk management can avoid disastrous claims during a financial crisis and an upswing in criminal activity, we hope to assist operators to service trade to, within and from Russia more effectively”, said King.

Panditrans’ Berezov added, “The rules on liability in Russia can be quite different from those in other jurisdictions and without specialised knowledge and advice, many transport operators may experience a short-lived foray into the Russian freight market”.

ENDS

Notes to editors:

TT Club

TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services.  As a mutual insurer, TT Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.

Customers include some of the world’s largest shipping lines, busiest ports, biggest freight forwarders and cargo handling terminals, to companies operating on a smaller scale but whose operations face similar risks. TT Club specialises in the insurance of Intermodal Operators, NVOCs, Freight Forwarders, Logistics Operators, Marine Terminals, Stevedores, Port Authorities and Ship Operators.

www.ttclub.com

About Thomas Miller

Thomas Miller is an independent and international provider of insurance, professional and investment services.

Founded in 1885, Thomas Miller’s origins are in the provision of management services to mutual organisations, particularly in the international transport and professional indemnity sectors; where today they manage a large percentage of the foremost insurance mutuals. Thomas Miller also manages insurance facilities for all the self-employed barristers in England & Wales, as well as trustees of pension schemes, patent agents and housing associations.

Principal activities include:

  • Management services for transport and professional indemnity insurance mutuals
  • Investment management for institutions and private clients
  • Professional services
  • Building defects insurance

www.thomasmiller.com

Filed Under: TT Club

Disaster Relief for Victims of Earthquake in Nepal

May 11, 2015 by

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has today announced that it has decided to make a donation of 2 million yen through Japanese Red Cross Society in consideration of damages caused by the earthquake that hit the western Nepal on April 25, 2015.

“K” Line would express its most sincere sympathy to all those affected by the earthquake and pray for the soonest recovery of the damaged area.

Filed Under: "K" Line

Evergreen Launches Vietnam-Singapore-Malaysia service

May 11, 2015 by

May 08, 2015 – In light of the increasing capacity demand, Evergreen Line will launch its new Vietnam-Singapore-Malaysia service (VSM) this month.

The dedicated feeder loop will utilize two A-type containerships of 1,164 TEU.  The first sailing of the weekly service will start from Haiphong on May 10 and call at Ho Chi Minh City, Port Klang, Singapore, Tanjung Pelepas and then back to Haiphong.

In addition to providing efficient transportation services within its port coverage, this regional service will also connect to Evergreen’s global service network via its transhipment hubs in Singapore and Tanjung Pelepas.

Economic forecasts indicate strong momentum of trade growth in this region. According to IMF’s World Economic Outlook report published in April 2015, the ASEAN economy looks set to grow by 5.2% and 5.3% respectively in 2015 and 2016, supassing its performance of 4.6% last year.  Besides, the statistics of Vietnam’s General Statistics Office show that its economic growth reached 6.03% in the first quarter of 2015, the highest first quarter performance during the past five years.  The positive indicators support expectation of steady cargo growth within intra-Asia trade.

 

 

Filed Under: Evergreen Line

TT Club maintains strong financial results and maintains AM Best A- (Excellent) rating

May 11, 2015 by

6 May 2015

The TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2014, maintaining its A- (Excellent) rating by agency AM Best for the 9th consecutive year. 

Highlights:

  • $182.2 million gross written premiums (2013: $181.1 million)
  • $14.1 million surplus (2013: $12.0 million)
  • Total assets of $609.1 million (2013: $641.4 million)
  • Total surplus and reserves $175.7 million (2013: $161.6 million)
  • AM Best Financial strength rating maintained as  A- (Excellent)
  • 2014 financial year combined ratio of 85.6% (2013: 87.4%)
Knud Pontoppidan, Chairman of the TT Club

Knud Pontoppidan, Chairman of the TT Club

 

Knud Pontoppidan, Chairman of the TT Club, said: “The TT Club performed well in 2014 and we have been able to further strengthen the Club’s capital position. As a mutual insurer the Club will continue to work closely with Members to adapt its approach to their needs and deliver services to help them manage their operations more effectively. The Club’s strong performance in recent years has been due to the value delivered through the Club’s claims and loss prevention services.  That is why the Board and I were pleased to receive the results of the regular Customer Satisfaction Survey which in 2014 were the highest ever achieved.”

Charles Fenton, Chief Executive of the TT Club, said: “The premium rating environment remains difficult  but nonetheless the Club’s premium levels are at a level we expected at the beginning of the year. The TT Club is financially strong and this is reflected in AM Best maintaining our excellent ‘A-‘rating. We remain committed to working with members and brokers to maintain our loss prevention and service levels that allow us to be the world’s leading provider of international transport and logistics insurance. ”

Filed Under: TT Club

“K” Line Financial Highlights for FY2014

April 30, 2015 by

30 April 2015

Please be advised that “K” Line has released the following press statements today, which are available to download as PDF documents:

Financial Highlights for FY2014

http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2015/04/30/fh2014_con_e.pdf

・Payment of Dividends

http://www.kline.co.jp/en/ir/stock/disclose/detail/__icsFiles/afieldfile/2015/04/30/PaymentofDividends.pdf

Filed Under: "K" Line

“K” Line Change of Directors and Audit & Supervisory Board Members

April 30, 2015 by

April 30, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided following changes in its board meeting held today, subject to approval at the Ordinary General Meeting of Shareholders on June 24, 2015.

1.     DIRECTORS
Retirement
Present Position Name Scheduled New Position
Director Takashi Torizumi Special Executive Advisor
Candidate of Corporate Auditor of Kawasaki Heavy Industries, Ltd.
2.    AUDIT & SUPERVISTORY BOARD MEMBERS
Retirement
Present Position Name
Audit & Supervisory Board Member Norio Tsutsumi
Audit & Supervisory Board Member Jiro Noguchi
New Appointment
New Position Name Present Position
Audit & Supervisory Board Member Keisuke Yoshida Advisor
Outside Audit & Supervisory Board Member Toshikazu Hayashi –       (*)
 

(*) Former Senior Vice President of Kawasaki Heavy Industries, Ltd.

 

 

Filed Under: "K" Line

DACHSER Celebrates 40 years in the UK

April 27, 2015 by

Northampton, 27th April 2015

In 2015, Dachser Ltd is celebrating 40 years of operations in the UK.

From small beginnings in a rented warehouse and with just 5 employees, Dachser has steadily grown. Now, 40 years later, the Head Office of Dachser UK and the Northampton branch office are still located in Northampton in a brand new logistics centre and, together with the branch offices in Dartford and Rochdale, the Company now employs a total of 325 people.

Dachser Brackmills April14 #2

Whilst focussing in the early years on its core activity of freight forwarding, over the last four decades Dachser UK has successfully broadened its range of services to cover contract logistics and value-added services, as well as air and sea freight forwarding.

Dachser UK was the 53rd branch to be opened by Dachser SE, a family-owned, internationally operating company with its headquarters in Kempten in southern Germany. Since its foundation in 1930, Dachser SE has become one of the leading logistics providers in Europe, providing comprehensive transport logistics, warehousing and customer-specific services.

Dachser is planning to continue its UK growth strategy in the future, and will expand its network and facilities to accommodate the increasing demand for its services from UK customers and the Dachser European network alike.

Dachser UK will be present again at Multimodal, the UK and Ireland’s premier freight transport, logistics and supply chain management event, at the NEC in Birmingham between 28 and 30 April 2015. Visit us at Stand 1040.

ENDS

ABOUT DACHSER UK

DACHSER UK is part of the Dachser group, a major international logistics provider which on 31 December 2014 generated total sales worth EUR 5.3 billion. 24,988 staff working in 437 locations worldwide handled 73.7 million consignments comprising 35.4 million tonnes.

For more information, please visit www.dachser.co.uk

Filed Under: Dachser UK

‘Beware the Big Ship Hype’ says TT Club

April 23, 2015 by

TT Club’s Phillip Emmanuel has put into perspective some of the sensationalism surrounding the recent growth trend in container ships.  Speaking during a plenary session of the TOC Asia Conference in Singapore on Tuesday, he advised ports and terminals to take a measured approach to the risk management of their operations, looking carefully at the ramifications to their own facilities of potential larger ship calls.

Singapore, 23 April, 2015

Phillip Emmanuel

TT Club is well-positioned as a leading insurer of risks for container lines and cargo handling facilities to advise on the type and extent of exposure.  Outlining the Club’s position, Emmanuel explained that the potential for damaging incidents to occur is generally more a factor of an individual operation’s adoption of best-practice, sound maintenance and the application of efficient safety measures than size of ships or volumes of cargo.

In addition, it is clear that the largest of the container ship newbuilds, now capable of carrying nearly 20,000TEUs, can’t and won’t call at the majority of the world’s terminals.  Their introduction onto the Asia-Europe trade will, however, displace smaller units, which in turn will be utilised on trades, and call at ports, where previously they have not been seen.

“As such,” commented Emmanuel, “Terminal operators should take precautions that are relevant to the specifics of their own operation.  Bigger ships and greater container volumes will only augment the exposures that are already inherent in their current operations.” As examples, Emmanuel highlighted the requirement in any location for upgraded – and expensive – technology represented by new cranes and more yard equipment that might be necessary to handle larger ships.

The type of risk and the more common causes of insurance claims, however, remain the same.  Emmanuel used his conference presentation to articulate some of these gleaned from extensive TT Club analysis of its own claims records, stating, “The direct interaction at the berth between ship and terminal facility accounts for 31% of the total cost of claims for ports and terminals over the last five years. Indeed, the most valuable asset of any terminal, the quay crane, unsurprisingly represents the biggest single element (some 25%)”.

These statistics serve as a reminder to ports and terminals to consider, not only berth length and depth, but also issues such as berthing and the capability of tugs, mooring lines and bollards. The analysis for ports and terminals highlights the impact and regularity of ship collisions with the crane booms, crane brake or structural failure, and hoist and spreader malfunctions, in addition to crane collapse due to windstorms. “These risks can all be minimised by efficient maintenance programmes, proper use of safety technology and adequate windstorm protection whatever the size of ship being worked,” concluded Emmanuel.

ENDS

Notes to editors:

TT Club

TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services.  As a mutual insurer, TT Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.

Customers include some of the world’s largest shipping lines, busiest ports, biggest freight forwarders and cargo handling terminals, to companies operating on a smaller scale but whose operations face similar risks. TT Club specialises in the insurance of Intermodal Operators, NVOCs, Freight Forwarders, Logistics Operators, Marine Terminals, Stevedores, Port Authorities and Ship Operators.
www.ttclub.com

About Thomas Miller

Thomas Miller is an independent and international provider of insurance, professional and investment services.

Founded in 1885, Thomas Miller’s origins are in the provision of management services to mutual organisations, particularly in the international transport and professional indemnity sectors; where today they manage a large percentage of the foremost insurance mutuals. Thomas Miller also manages insurance facilities for all the self-employed barristers in England & Wales, as well as trustees of pension schemes, patent agents and housing associations.

Principal activities include:

  • Management services for transport and professional indemnity insurance mutuals
  • Investment management for institutions and private clients
  • Professional services
  • Building defects insurance

www.thomasmiller.com

Filed Under: TT Club
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