China’s New Air Cargo Gate-In Rule Eases Congestion, But Impacts Freighters

May 21, 2020

China’s new ‘gate-in’ rule for air cargo has prompted fears of more freighters flying out empty.

Following some of the worst-ever cargo congestion at Shanghai PVG at the start of the month, which then spread to other airports, authorities issued a new directive to ground handling agents that cargo may not arrive more than 28 hours before a flight.

Shippers had been sending cargo “much earlier than required”, in fear of failing PPE Customs inspections, according to Chaminda Gunasekera, senior director airfreight, e-commerce and network development, APAC & MEA, at Seko Logistics.

For the full story, please click HERE

Source: The Load Star

Why ‘Made in Vietnam’ Won’t Replace ‘Made in China’

May 21, 2020

Now that Vietnam appears to have won its health war against Covid-19 after recording zero deaths and winning international praise for its crisis management, speculation is rising the nation could also be an economic winner of the pandemic.

According to Vietnamese sources, there is widespread anticipation that the country will benefit from America’s moves to economically “decouple” from China by moving supply chains out of China and into other regional countries including Vietnam.

In early May, regional media reported that US tech giant Apple began producing 3-4 million units – or about 30% for the quarter – of its AirPod earphones in Vietnam in April, a sign that the firm is relocating some of its supply chains away from China.

For the full story, please click HERE

Source: Asia Times

Sea-Air Services Make a Comeback, But Volatility and Uncertainty Lurk

May 19, 2020

The sea-air business via Dubai and Singapore is back up and running, as air freight rates continue to stabilise.

Aeromar Sea Air, which suspended its business in March when air freight rates skyrocketed in Asia as passenger aircraft stopped flying, said it was re-introducing services.

“We still have some limits on capacity, but there is enough to offer a professional service; so we are back,” said managing director Nick Coverdale.

“Rates are stable, in the context of the current market – although in normal, sane times they would be considered unstable. Nothing makes much sense at the moment.”

For the full story, please click HERE

Source: The Load Star

New UK Freight Ferry Port Passes Dress Rehearsal

May 18, 2020

Two of P&O’s chartered freight ferry fleet, the Bore Song and the Norstream, arrived at the new ro-ro terminal on the Thames on Sunday 17 May, where the port team carried out a full test of the marine facilities – including manoeuvring and tying up the ship to test the berth; lowering the ship’s ferry ramp to test the pontoon facilities; and carrying out a full risk assessment.

Port operator Forth Ports said the ship trial was “deemed a success with a smooth execution of all the test points being achieved”.

The ferry terminal, which is due to open next week, has a capacity of 500,000 units and will operate in partnership between the port and P&O Ferries, importing and exporting containers and trailers with food, drink, medicines and other vital supplies to and from Europe.

For the full story, please click HERE

Source: Lloyd’s Loading List

Hamburg Q1 Throughput Suffers, But Port Has Faith ‘Things Will Pick Up’

May 18, 2020

Germany’s largest port, Hamburg, saw throughput at its container terminals in the first quarter decline 6.6% decline, year on year, to 2.2m teu.

However, there could be worse to come in quarter two as a result of consumer lockdowns in Europe and the subsequent plunge in transhipment cargo for the Baltic.

Trade with China accounted for around a quarter of Hamburg’s 9.3m teu last year, so volume was particularly impacted by the coronavirus outbreak and extended new year holiday lockdown in the Asian manufacturing powerhouse.

For the full story, please click HERE

Source: The Load Star