Transport communications

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Dachser is building in Neumünster

August 12, 2019 by
(l-r)  Jan-Ferdinand Lühmann, Operations Manager European Logistics Dachser Neumünster; Paul Bartram, Bartram Bau-Systeme; Alexander Tonn, Managing Director European Logistics Germany bei Dachser and Dr, Olaf Tauras, Mayor of Neumünster.

Neumünster/Kempten, August 7, 2019. The logistics provider Dachser is starting the construction of a new branch in Neumünster in the far north of Germany. Dachser is building a transit terminal for industrial goods and food at Isarstrasse on the industrial estate south of Neumünster. This investment is worth some EUR 17.4 million. Construction is expected to be completed by the third quarter of 2020. Around 30 employees will work in the new logistics center.

The groundbreaking ceremony was held on the grounds at Isarstrasse and attended by Dr. Olaf Tauras, Mayor of Neumünster, and Alexander Tonn, Managing Director European Logistics Germany, on August 7, 2019. Tonn is responsible for the German branches of the European Logistics business line (overland transport and contract logistics for industrial goods).

Construction work on the 57,000-square-meter plot of land will start at the beginning of September. The total area of the terminal is 6,700 square meters. Of this floor space, 5,000 square meters will handle industrial goods, with the remaining 1,700 square meters cooled and devoted to food transit. The facility will have 76 docking bays for the loading and unloading of trucks. An office building of 1,000 square meters will complement the terminal.

“Neumünster will become another key terminal for Dachser in the far north of Germany. This new location will connect directly into our extensive European overland transport network,” Tonn says, adding that “the new construction complies with the latest standards and offers secure and sustainable jobs in logistics within the region.”

Dachser’s new terminal in Neumünster will replace its long-standing partner, 17111 Transit Transport & Logistik. In the future, this site will serve almost the whole of Schleswig-Holstein, but for now the collaboration will continue until the Dachser branch has been completed. The new location has good transport connections, situated directly on the B205 highway with direct access to the A7 highway.

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract-logistics services and industry-specific solutions round out the company’s offerings. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 30,600 employees at 399 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2018. That same year, the logistics provider handled a total of 83.7 million shipments weighing 41.3 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

Filed Under: Dachser UK

TT Club Supportive of Container Line Moves to Punish ‘Mis-declarers’

August 8, 2019 by

London, 8th August, 2019 A number of container lines have recently announced measures to discourage shippers from mis-declaring hazardous cargoes, which is a practice strongly suspected as being either the cause of, or at least contributory to, the spate of container ship fires in recent months.

TT Club welcomes such initiatives by liner operators as the international transport insurer has growing concerns about the lax cargo packing practices and erroneous, sometimes fraudulent, declaration of cargoes. Under the banners ‘Cargo Integrity’ and #Fit4Freight, TT Club has been collaborating with stakeholders through the freight supply chain to highlight on-going risks, including severe ship fires, arising from poorly packed and declared cargo.

In light of the increase in incidents, the loss of life, significant costs and delays to cargo deliveries, the lines are strengthening their inspection procedures and imposing fines on those shippers found to have mis-declared.

Peregrine Storrs-Fox, TT Club’s Risk Management Director commented, “Clearly, the shipper has primary responsibility to declare fully and honestly so that carriers are able to take appropriate actions to achieve safe transport. Since this is not always the case, carriers have to put in place increasingly sophisticated and costly control mechanisms to ‘know their customers’, screen booking information and physically inspect shipments. Equally, carriers have the opportunity to review any barriers to accurate shipment declaration, including minimising any unnecessary restrictions and surcharges. Penalising shippers where deficiencies are found should be applauded. Furthermore, government enforcement agencies are encouraged to take appropriate action under national or international regulations to deter poor practices further.”

TT Club’s Cargo Integrity campaign seeks not only to promote awareness of good practice, such as set out in the CTU Code[1], but also to reveal the plethora of influences from both direct and indirect stakeholders within the supply chain that result in behaviours leading to dangerous incidents on land or at sea.

“A key element of the campaign is to identify levers – both sticks and carrots – that are available to improve a safety culture in container transport, including considering unintended consequences inherent in trading arrangements or fiscal/security interventions and the possibilities presented by technological innovation,” .

[1] http://www.unece.org/trans/wp24/guidelinespackingctus/intro.html

ENDS

About TT Club

TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services. Established in 1968, the Club’s membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the 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. TT Club is managed by Thomas Miller.

Filed Under: TT Club

Eagle Ocean Marine enjoys another successful year as it continues to enhance its reputation for service excellence

August 6, 2019 by

Recent promotions and the acquisition of new talent strengthen and expand service capabilities

Growing premium and market share, coupled with continuing profitability, augur well for the future

NEW YORK, AUGUST 1, 2019: Eagle Ocean Marine (EOM), the American Club’s fixed premium P & I and FD & D facility, recently completed another year of steady growth and solid profitability. It has also renewed its reinsurance program for another twelve months from July 1 on favorable terms at Lloyd’s. Its consistently strong operating performance, together with an established reputation for service excellence, augur well for EOM’s continuing success over the years ahead.

EOM offers attentive, competitively-priced Protection and Indemnity and Freight, Demurrage and Defense insurance to the operators of smaller vessels, typically those in local and regional trades, who prefer a fixed premium approach to their P & I needs.

It provides the benefits of American Club primary cover and service capabilities, co-venturing the first layer of insurance protection with underwriters at Lloyd’s on a quota-share basis. Lloyd’s syndicates also participate in the facility’s excess reinsurance arrangements for limits up to $500 million per risk. In this way, EOM offers the unsurpassed levels of service associated with an International Group club, underpinned by the impeccable security of reinsurance at Lloyd’s.

EOM insures ships from all over the world except the United States. It enjoys a strong presence in Asia, approximately 43% of its business currently being derived from Northeast Asia and 41% from South and Southeast Asia. However, its share of the market in Europe, the Middle East and Africa has also grown over recent years, and now accounts for about 13% of its total portfolio.

EOM’s premium income has advanced steadily since it commenced operations in 2011, its compound annual growth rate being almost exactly 15% over the period. Moreover, the insurance year just concluded featured a topline increase in revenue of approximately 42% over the previous twelve months which was itself 16% higher than the year before. Total premium revenue for the year to June 30, 2019 was in excess of $13 million, a record. It is expected that income will continue to grow over the forthcoming twelve months and beyond.

At the operating level, the last several years have enjoyed consistently good results. The incidence and severity of claims have remained at moderate levels, reflecting a prudent policy of risk selection and premium pricing, notwithstanding a highly competitive commercial environment. Since it commenced operations in 2011, EOM has generated an aggregate combined ratio of under 70%. This, together with confidence in EOM’s prospects generally, informed the recent favorable renewal of its reinsurances, with several new underwriters joining the program.

Following an extensive redeployment of its human resources, Eagle Ocean Agencies, Inc., the Manager of EOM, and an affiliate of Shipowners Claims Bureau, Inc., the Manager of the American Club, has made several key appointments over recent months.

In April, Chris Lowe was appointed as EOM Senior Marketing Business Development Liaison, Despina Beveratou assumed the role of Claims Liaison Manager and Jamie Baggett assumed the position of EOM Marketing and Business Development liaison. All these existing members of the EOM London team were well-known both to EOM’s and the American Club’s business counterparts, having worked in the London liaison office for several years in related roles.

In June, Richard Linacre, a well-known and highly experienced P&I professional with a broad industry background, joined EOM’s London team with important market liaison and business development responsibilities, bringing additional expertise and technical capabilities with him.

In addition to these changes, Simon Collins has continued to fulfill his important duties as consultant to the Managers in their London office. A highly regarded P&I professional with unmatched industry experience as both underwriter and broker, Simon will continue to have a vital role in the development of EOM-related business in that office, as well as in regard to its affairs generally.

Further key appointments are expected in London on the claims liaison front over the weeks ahead and, from a business development perspective, in Hong Kong over a similar timeframe. Further announcements in this respect will be made in due course.

Speaking in New York today, Joe Hughes, Chairman and CEO of Eagle Ocean Agencies, was thoroughly upbeat: “We are very pleased to report that EOM continues to enjoy a strong operating performance. Its increasing market share and steady profitability speak to a very promising outlook over the years ahead. We remain determined to make EOM a growing success for all its stakeholders: its insureds, the American Club, its reinsurers and its many other business associates.

“We have been particularly pleased to enhance EOM’s service capabilities in recent months through the promotion of existing staff and the recruitment of new talent. Our EOM team enjoys the highest of reputations within the market, and its continuing success is very much a reflection of the people we have in place to service EOM’s business throughout the world.

“We continue to take the long view when it comes to growing EOM’s position in the market. We will not lose sight of the need to apply careful risk selection, sensible pricing, effective loss prevention and unsurpassed claims service in building EOM’s reputation in the future. Inspired by the traditions of classic P & I mutuality, EOM will continue to occupy a special place in the fixed premium domain for all those who desire a high-quality approach to their insurance needs. We are confident that EOM’s business model will enjoy increasing success over the years ahead”.

-ENDS-

NOTE: Eagle Ocean Agencies, Inc., is a member of the New York-based Eagle Ocean Group of companies – North America’s leading provider of mutual management, underwriting, adjusting, claims handling, surveying and loss consultancy services to the international shipping and insurance communities. Eagle Ocean Agencies, Inc.’s core business is the provision of coverholder and related services to a variety of insurance carriers.

Filed Under: The American Club

Japan’s first Pure Car Carrier “TOYOTA MARU No.10” Awarded “Ship Heritage” Recognition

July 23, 2019 by

TOYOTA MARU No.10, which was owned and operated by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in recognition of it having been Japan’s first Pure Car Carrier (PCC). JASNAOE first introduced the “Ship Heritage” project in 2017 with the goal of honoring and giving recognition to vessels and vessel-related items that have historical, academic and/or technical value, as well as promoting public recognition of their being viewed as symbols of cultural heritage to be passed along to future generations. TOYOTA MARU No.10, which was built by Kobe Works of Kawasaki Heavy Industries, Ltd., and launched on July 9, 1970, was Japan’s first Pure Car Carrier (PCC) designed exclusively for the ocean transport of completed cars. As an integral part of its concept & design, cargo damage was largely eliminated, and a dramatic improvement in service quality was realized by avoiding delays in schedule due to the waiting time for return cargo or weather, for which TOYOTA MARU No.10 has been recognized as the pioneer of PCC in the shipping industry, “K” LINE has optimized its fleet and focused on technological innovation while working to achieve the highest level of safety in navigation and prevention of damage to goods during transport to meet the rapidly changing needs of global automobile markets. We remain committed to providing services tailored to customer needs around the world in the future.

Filed Under: "K" Line

GEODIS opens airside freight handling gateway at Schiphol

July 17, 2019 by

Global logistics specialist launches innovative airfreight handling system at Amsterdam’s Schiphol Airport hub

GEODIS Netherlands announced the opening of its new Airside Gateway at Schiphol, which represents the beginning of a faster and safer way of airfreight handling. Time is precious to customers and their demand for the quick delivery of goods is increasingly important.  The Gateway being located airside will help meet these demands and at the same time enhance security. GEODIS Netherlands in reacting to a tremendous growth in volumes has introduced its Amsterdam Gateway to further accelerate this expansion while anticipating the demands of the future market.

The GEODIS Amsterdam Gateway (AMS-GTW) comprises 2500 m2 of warehouse and office space directly next to the

airport’s runway. Ellis de Jong, Operations Director Freight Forwarding: “We estimate that Gateway will bring a significant decrease in airfreight handling times, ensuring quicker delivery of cargo and a better service to our customers. Export wise, with Gateway we gain more efficiencies on the consolidation side.”

The Amsterdam Gateway is part of the long term growth strategy of GEODIS, in which innovation is a key element. Thomas Kraus, President & CEO North, East and Central Europe says: “The opening of the Amsterdam Gateway is the next important step in both our regional planning and in our global growth ambitions. It will substantially increase our competitiveness and reinforce the crucial hubbing function of our airfreight operation in the region.”

GEODIS – www.geodis.com

GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #4 in Europe and #7 worldwide. In 2018, GEODIS accounted for over 41,000 employees globally and generated €8.2 billion in sales.

Filed Under: GEODIS

Young International Freight Forwarder of the Year Award 2019 – Regional Winners

July 15, 2019 by

London, 15 July 2019

Having successfully surpassed twenty years of heritage, this competition is now a traditional feature in the international freight forwarders calendar.  The collaboration between, leading international insurer, TT Club and the International Federation of Freight Forwarders Associations, FIATA is once more in a position to announce the regional winners of the Young International Freight Forwarder of the Year Award (YIFFYA) 2019.

In introducing these bright young professionals FIATA President Babar Badat said, “Encouraging more young professionals to join the FIATA community has always been a priority for me. I am encouraged again to see these excellent candidates presenting dissertations that cover a wide range of logistic subjects, which demonstrate the challenges that forwarders face every day and the customized solutions they are able to offer. My sincere congratulations to the four regional winners who are ….”

Europe – Mrs Evgeniya Khokhlova Russia (FAR)

Africa/ Middle East – Mr Enos Chapra Zimbabwe (SFAAZ)

Americas – Ms Rachael van Harmelen Canada (CIFFA)

Asia Pacific – Mr Phillip Burgess New Zealand (CBAFF)

TT Club has had the honour to sponsor the competition throughout its twenty plus years of existence and Mike Yarwood, TT Club’s Senior Loss Prevention Executive and Chairman of the Award Steering Committee commented, “In the current challenging global trade environment, where supply chains are under increasing pressure to adapt quickly to regulatory, political and economic pressures, we at TT Club believe the training and professional advancement of young freight operators must be paramount.”

“This award aims to contribute to the development of quality professionals and reward young talent.”

At the FIATA World Congress in Cape Town (1st – 5th October), hosted by the South African Association of Freight Forwarders, the four regional winners will be invited to

present their dissertations to the Award Steering Committee, the final judging will take place and the winner of the YIFFYA for 2019 will be announced.  

The prize to be awarded to the winner principally consists of practical and academic training, including a week based at one of TT Club’s regional centres in London, Hong Kong or New Jersey plus a week in TT Club’s Head Office in London. Additionally, one year’s subscription to the International Transport Journal (ITJ) is provided to all four regional winners. 

The entries this year were, as ever, of a high standard and drew from a wide range of dissertation topics. The work of the entrants demonstrated the complexity of processes carried out within the global supply chain and the logistics skills required to serve it. Both FIATA and TT Club wish to thank all those individuals who entered this year’s competition and also to acknowledge their employers and national freight forwarding associations for the enthusiasm and commitment they have shown to on-going training with the international logistics and freight forwarding sector.

ENDS

About TT Club

TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services. Established in 1968, the Club’s membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the 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.

About FIATA

The International Federation of Freight Forwarders Associations (FIATA) was founded in Vienna, Austria on 31 May 1926. It is a non-governmental organisation that today represents an industry covering approximately 40,000 forwarding and logistics firms, employing around 10 million people in some 160 countries. FIATA has consultative status with the Economic and Social Council (ECOSOC) of the United Nations, the United Nations Conference on Trade and Development (UNCTAD), and the UN Commission on International Trade Law (UNCITRAL) as well as many other UN related bodies such as the World Bank. It is recognised as representing the freight forwarding industry by many other governmental organisations, governmental authorities, private international organisations in the field of transport and logistics, such as the European Commission (through CLECAT), the International Chamber of Commerce (ICC), the International Air

Transport Association (IATA), the International Union of Railways (UIC), the International Road Transport Union (IRU), the World Customs Organization (WCO), and the World Trade Organization (WTO). Learn more at www.fiata.com.

Filed Under: TT Club

Delivery of ‘Corona’ Series Coal Carrier “CORONA DYNAMIC”

July 11, 2019 by

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA DYNAMIC,” a 91,000 DWT-type special coal carrier at Oshima Shipbuilding Co., Ltd. on July 11, 2019.

 CORONA DYNAMIC is same type as “K” Line’s specialized fleet for transport of thermal coal known as the “Corona-series.” The Corona-series consists of epoch-making coal carriers equipped with wide beam and shallow draft, which are the most suitable type to enter ports of Japanese Thermal Power Stations to discharge cargo.

 CORONA DYNAMIC is equipped with latest energy-saving and ecological technology such as Advanced Flipper Fins and Rudder Bulb which promote her propeller efficiency as well as ballast water management system which saves marine ecosystem.

CORONA DYNAMIC will be principally involved in long-term service carrying thermal coal to Hokuriku Electric Power Company’s Thermal Power Plant.

Vessel’s Specifications 　 　 　
 LOA 234.99 M Deadweight Tons 91,881 MT
 Beam 43.00 M Gross Tons 52,128   T
 Depth 18.40 M Net Tons 28,945   T
 Full Draft 12.885 M Hold/Hatch 5/5
Filed Under: "K" Line

“K”Line Selected for Leading Global ESG Indices, including FTSE4Good Index Series and FTSE Blossom Japan Index

July 9, 2019 by

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as a constituent of the “FTSE4Good Index Series”, one of the leading global indices for ESG investing (*), for the 17th consecutive year since its initial inclusion in 2003 and “FTSE Blossom Japan Index” for three consecutive years since 2017.

FTSEFTSE4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan.  4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan.  

In addition, we have also been selected as a constituent of the “MSCI Japan Empowering Women Index” (WIN, 224 companies selected) and “S&P/JPX Carbon Efficient Index (1,733 companies selected). Those indices have also been adopted by GPIF as a benchmark of ESG investing.

We have raised ESG as one of the important initiatives in our medium-term management plan. We will continue striving to fulfill our social responsibility through our business activities and contribute to sustainable progress of the society.

*ESG investing describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.

Filed Under: "K" Line

“K” Line – Commencement of long-term voyage contract for Emirates Global Aluminium

July 2, 2019 by

“K”Line  Group has long-term voyage contract with Emirates Global Aluminium(EGA) to carry Bauxite in bulk by capesize vessels, and the first vessel(MV Cape Taweelah) arrived at Port Khalifa, UAE on 23rd June 2019 from loading port at Kamsar, Guinea.

Upon her arrival an inaugural ceremony was held by EGA, where Mr.Abdulla Kalban Managing Director & CEO of EGA, Mr.Abdullah Humaid Al Hameli Executive Vice President of Corporate and Acting CEO of Abu Dhabi Ports, Mr. Atsuo Asano Representative Director of “K”Line and many concerned parties celebrated the first memorable arrival of this fully-laden capesize vessel at GCC port.

EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai, which is the largest industrial company in UAE outside the oil and gas industry and the largest company jointly owned by the two Emirates. EGA began production at its new Al Taweelah Alumina refinery in April. Alumina refineries process Bauxite ore into Alumina, the feedstock for Aluminium smelters.

“K”Line shall provide the safe and competitive service of the seaborne transportation for the customers’ project.

Filed Under: "K" Line

“K” Line, Taipower, U-Ming, and Kuang Ming to Establish New Joint Venture Shipping Company in Taiwan

July 1, 2019 by

Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” Line), Taiwan Power Company (hereinafter Taipower), U-Ming Marine Transport Corporation (hereinafter U-Ming), and Kuang Ming Shipping Corporation (hereinafter Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understanding（MOU）in Taipei, Taiwan on July 1. This new joint venture will own both coal and LNG carriers, and operate them for transporting these raw materials to Taipower.

With respect to managing and transporting coal and LNG, “K” Line has accumulated an abundance of experience and specialized skills.  We, therefore, will devote ourselves to contribute to the safety of Taiwan’s energy requirements by providing our many years of accumulated know-how in ship management and safe ship operations to this new joint venture.

Overview of Joint Venture Company

 (1) Name To be decided
 (2) Date of establishment           October 2020 (planned)
 (3) Location  Taipei, Taiwan
 (4) Business activities Ownership and operation of coal and LNG carriers
 (5) Capital  NT$1 billion (approximately 3.6 billion yen)
 (6) Investment ratio Taipower: 40.0%
U-Ming: 32.5%
Kuang Ming: 20.0%
“K” Line:  7.5%
Filed Under: "K" Line
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