OCEAN FREIGHT MARKET UPDATE
|
|
- Darleen Cooper
- 5 years ago
- Views:
Transcription
1 DHL Global Forwarding, Freight OCEAN FREIGHT MARKET UPDATE August 2018 Dominique von Orelli Global Head, Ocean Freight 1
2 Contents TOPIC OF THE MONTH Capacity crisis in the US trucking industry HIGH LEVEL DEVELOPMENT MARKET OUTLOOK Freight Rates and Volume Development ECONOMIC OUTLOOK & DEMAND DEVELOPMENT CAPACITY DEVELOPMENT CARRIERS REGULATIONS? DID YOU KNOW? New Global Sulphur Cap effective 1 Jan
3 Topic of the Month Capacity crisis in the US trucking industry Part of the business cycle or systemic issue? Source: DHL, JOC, Bloomberg Nearly 71% of all freight tonnage moved in the US goes on trucks. In 2003 trucks moved 9.1 billion tons of freight. By 2017, over 10.4 billion tons were moved. Shortage of drivers, new regulations and a solid demand have pushed up freight cost, lead to delays and chassis shortage. Many transportation consultants and executives don t see this bull market for truckers coming to an end and pricing power returning to shippers anytime soon. They believe the market is dealing with a systemic, rather than cyclical issue. While cyclical issues with all kinds of ebbs and flows work themselves out over time, systemic issues require action to address. In the past transportation was relatively cheap in part because truck carriers often did not know their true costs. Rapid technology development is now putting business management and pricing tools in the hands of large and small carriers alike. E-commerce, shifting consumer purchasing patterns and expectations are reshaping supply chains and transportation strategies. Trucking companies now need to fix their operations, get rid of inefficiencies and correct bad shipping habits. DHL Global Forwarding intermodal department in the US and is well established to deal with this situation and to offer adequate solutions to our customers. 3
4 High Level Market Development Supply and Demand ECONOMIC OUTLOOK GDP GROWTH BY REGION 1) 2018F 2019F 2020F 2021F 2022F CAGR ( ) EURO 2.2% 2.0% 1.9% 1.8% 1.8% 1.8% MEA 3.5% 3.8% 3.9% 3.6% 3.5% 3.7% AMER 2.7% 2.8% 2.2% 1.9% 1.9% 2.0% ASPA 5.0% 4.9% 4.7% 4.8% 4.8% 4.7% DGF World 3.4% 3.3% 3.1% 3.0% 3.0% 3.0% DHL TRADE BAROMETER 6) Q1 '16 Q2 Q3 Q4 Q1 '17 Q2 Q3 Q4 Q1 '18 Ocean Global Q2 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% SUPPLY/DEMAND GROWTH (ANNUALIZED), IN % 2) Demand Growth % Supply Growth % F 2019F 2020F 2021F WORLD CONTAINER INDEX (WCI) 3) SHANGHAI CONTAINERIZED FREIGHT INDEX (SCFI) 4) 3,000 1,200 BUNKER PRICE INDEX 5) 1,000 2,500 2,000 1,500 1, , Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q ) real GDP, Global Insight, Copyright IHS, Q All rights reserved 2) Demand growth = Port-to-Port Container Traffic growth. Supply growth = Fleet Growth. Source: Drewry Maritime Research. 3) Shanghai Shipping Exchange, in USD/20ft container & USD/40ft ctnr for US routes, 15 routes from Shanghai. 4) Global Insight, Drewry, 5) Bunker Index, in USD/metric ton, Bunker Index MGO (BIX MGO) = avg. Global Bunker Price for marine gasoil (MGO) port prices; (BIX 380= avg. Global Bunker Price for all 380 centistoke (cst) port prices; both index published on the Bunker Index website., 6) DHL Global Trade Barometer Mar18, index value represents weighted average of current growth and upcoming two months of trade, a value at 50 is considered neutral, expanding above 50, and shrinking below BIX 380 BIX MGO 4
5 Market Outlook August 2018 Major Trades High utilization supports GRI implementation on various trades EXPORT REGION IMPORT REGION CAPACITY RATE EURO AMNO = + AMLA =/- + ASPA = - MENAT = - SSA = = EXPORT REGION IMPORT REGION CAPACITY RATE AMLA AMNO = = ASPA + + EURO + + MENAT = = SSA AMNO AMLA = + ASPA - = ASPA ASPA -/= +/= AMNO - + EURO = = AMLA = - MENAT = = EURO = + SSA = = MENAT = = KEY Strong Increase ++ Moderate Increase + No Change = Moderate Decline - Strong Decline - - OCEANIA = (NZ) / + (AU) + Source: DGF 5
6 Market Outlook August 2018 Ocean Freight Rates Major Trades Market outlook on smaller trades available in the back-up O C E A N F R E I G H T R A T E S O U T L O O K ASPA EURO EURO ASPA & MEA Strong load factors reported by the carriers, thus expect another round of GRI s in August. Due to the impact of increasing bunker cost, long term rates are going up. Utilization is still relatively stable; some carriers trying to secure spot FAKs with lower rates ASPA AMLA ASPA AMNO EURO AMNO ASPA MENAT ASPA ASPA AMNO EURO Rates drop to ECSA in a concerted effort to drive smaller carriers out. Thereafter rates are expected to surge again. But space remains very tight to Mexico & WCSA, rates set to rise even more in August due to very high demand and load factors. High utilization. Shipping lines are limiting NAC bookings in favor of FAK freight. Ocean rates are strong and still increasing; inland carriages in US remain challenging Rates remain constant, no huge increase to FAK, except for West Africa. Carriers are now trying to implement GRI on fortnightly basis. Carriers have successfully implemented Emergency Bunker on all FAK. Blank sailing planned at the end of July on the IPBC trade. August GRI has been announced. Moderate congestion currently at China ports, partly due to the impact of Typhoon Ampil. Carriers have announced that they will stop accepting plastic scraps and waste imports to all Vietnam ports. Market rates will remain stable in August. Capacity will slightly decrease in week 34 compared to previous week (3 000 TEU less) Source: DGF 6
7 Economic Outlook & Demand Development Global economic growth is peaking EURO AMNO Escalating global trade tensions are a key concern, with potential spillovers to domestic demand through multiple channels. IT political developments, market stress, and contagion also remain potential drags. Meanwhile Q1 real GDP growth for the UK economy was revised up to 0.2% quarter-on-quarter. Economic momentum in the US remains strong with a strong May report on international trade in goods. Some of this strength was due to a surge in exports of soybeans, which IHS Markit expects to be reversed in H2 of this year. Growth in domestic demand was also robust in Q2. ASPA EMERGING MARKETS DEMAND DEVELOPMENT A slowdown in CN industry & construction output was offset by a pickup in service growth YoY. Monthly data shows decelerations in industrial value added & fixed investment in June. Trade actions will cut GDP growth a little further and the CN government will likely shift its policy balance toward growth support. In JP a drop in export orders raises concerns about the impact of trade frictions. The US and CN each buy about 19% of JP s exports. In IN, as in many other large emerging markets, the main dangers of the US-CN trade war will be the erosion of confidence & greater financial market volatility. Additional capital outflows from IN and further pressure on the Indian rupee would also stoke domestic inflation The Reserve Bank of India already started raising interest rates in June for the 1 st time in 4 ½ years. Other large emerging markets face similar challenges on top of leveling-off of global growth and commodity prices. For some, incl. RU, higher revenues from rising oil production will cushion the blow. Global PMI for export orders has plunged in recent months, and the June surveys were consistent with the smallest rise in global trade for almost 2 years. The outlook among manufacturers was the least optimistic in 19 months. Among the major world economies, US businesses are the most upbeat, and among the world s developed markets, US price expectations are the highest. Source: IHS Markit Global Executive Summary, IHS Purchasing Manager Index Manufacturing, a PMI at 50 is considered neutral, expanding above 50, and business shrinking below 50. 7
8 Capacity Development 1/2 C A P A C I T Y D E V E L O P M E N T The announcement by the 2M partners (Maersk and MSC) and ZIM of new strategic cooperation on the Far East US East Coast (FE-USEC) trade, effective from Sep 2018, will have significant implications for the transpacific all-water market. Weekly capacity on this trade will be reduced from 53,900 TEU on the 7 existing strings operated separately by the 2M and ZIM, to about 45,000 TEU on the five new 2M/ZIM strings to be launched in September. The removal of two strings is expected to result in a 5.2% reduction in total FE-USEC weekly nominal capacity from 161,700 TEU as at Jul 2018 to 153,300 TEU in September. However, the reduced capacity still represents a year on year growth of 2.7% over the 149,520 TEU deployed in Sep The rationalization will free up around 20 ships. The total number of weekly FE-USEC services will fall to only 17 in Sep 2018 compared to a high of 25 strings in The number of weekly services via the Panama Canal (on the headhaul leg) will be reduced by 2 and fall to only 12 in September (5 services via the Suez Canal remain stable). The Panama Canal s share of the total all-water headhaul capacity will fall back to 70%, from a peak of 74% in The planned service rationalizations are the first cuts on this route since Jan Carriers failed to remove capacity during the slack season last year, defying the market practice on the previous 6 years when various winter season deployment cuts were implemented during October March period. 2M and ZIM did not specify if some of the capacity withdrawn would be re-instated in Current capacity utilization on the trade is running at over 95% and this may pave the way for the entry of new carriers on this route. THE Alliance and OCEAN Alliance will each take out 1 Far East US West Coast (FE-USWC) string at the end of July and August, respectively, following the 2M carriers decision to withdraw 1 of their transpacific strings at the end of June. Combined, these 3 FE-USWC service cancellations will remove a weekly total of 21,300 TEU from the route, or 6.7% of the trade s total capacity to the West Coast as at the end of June. The capacity withdrawals are being implemented during the traditionally busy summer peak season, and they have triggered a sharp increase in spot freight rates from the FE to USWC. These capacity reductions will be partly offset by the launch of APL s new Eagle Express X service in August and the upgrade of the carrier s current Eagle Express 1, which will add some 6,600 TEU of nominal weekly capacity to the route. FE - North America Capacity Share by Alliance Source: Alphaliner, carriers 8
9 Capacity Development 2/2 C A P A C I T Y D E V E L O P M E N T Maersk Line and MSC plan to add 1 extra North Europe US link to be operated within the scope of the 2M agreement, to their portfolio in late August. The service will bring the number of 2M loops covering the USEC and US Gulf ports to 4. The additional loop will focus on the US East Coast. MSC said in a statement that the 4 loop s overall capacity will remain similar to the current service offering, as fleet adjustments are planned for the three existing stings. So far however, full details have not been provided. The idle containership capacity has continued to move up, reaching 122 units for 315,175 TEU or 1.4% idle TEU as % of total fleet as at 9 Jul 2018 as carriers begin to cut capacity across several key trades in view of a worsening demand outlook. Maersk Line and MSC have announced plans to temporarily suspend one of their Asia-North Europe services in late September/early October due to the anticipated slowdown in demand after the Golden Week holidays in China. The carriers plant to re-boot the suspended service in December, subject to improved demand. The potential removal of 1 of the 6 services operated by the 2M could result in a 5.1% reduction on overall capacity in the Asia North Europe route, albeit only temporarily. Yang Ming confirmed on 5 July that it agreed to charter 10 containership newbuildings of TEU from Costamare and Shoei Kisen. The ships are part of a 20-ship newbuilding program that Yang Ming unveiled in February. Deliveries are scheduled between Q and Q Only TEU of relatively old tonnage has been scraped this year so far, the slowest start since Scrapping is expected to remain slow until new fuel regulations take effect in Source: Alphaliner, Seabury, carriers 9
10 Carriers C A R R I E R S COSCO Shipping Holdings and OOIL have announced in the dispatch of the final composite document to complete the acquisition of OOIL (parent company of OOCL) by COSCO Shipping and SIPG (Shanghai International Port Group) on 6 July COSCO obtained the final pending approval from the CFIUS (Committee on Foreign Investment in the United States) on 6 July However, COSCO had to pay a high price to secure the US approval, as the shipping line was forced to sell OOCL s Long Beach Container Terminal (LBCT). The facility was at the centre of the US regulators national security concerns, which had earlier threatened to derail the COSCO-OOIL deal. COSCO reached the agreement with the US Departments of Homeland Security and Justice to divest LBCT to a suitable, unrelated third party, acceptable to the US Government on commercially reasonable, arms-length terms. The highlyautomated LBCT is the most advanced terminal in the US and its annual handling capacity should reach at least 3.30 MTEU when the terminal is fully completed by 2020 or COSCO will have to secure preferential user terms with the new owner of LBCT in order to retain a competitive advantage against its transpacific rivals. Following the closing of the acquisition, OOIL s global headquarters will remain in Hong Kong, with COSCO and OOCL continuing to operate under their respective brands. The expected addition of OOCL s fleet of 100 ships for 688,977 TEU will bring COSCO s total fleet to 2.74 MTEU, allowing the shipping line to become the third-largest carrier in the world, according to Alphaliner s latest capacity rankings. Source: Alphaliner, Seabury, carriers 10
11 Regulations R E G U L A T I O N S South Africa: As of 1 Aug 18 all origin shipping to South Africa must provide the ZA Manifest data to South Africa destination 72 hours prior to vessel loading at origin/transhipment point. Iran: Due to the recent developments, several carriers, banks and other essential business partners have announced the withdrawal of services for any Iranian business. Therefore, DGF limits our service to/from Iran as of 1 Aug 18 to specifically licensed or exempted commodities in particular pharmaceuticals, aid, relief and food. Source: DHL 11
12 Did you know? New Global Sulphur Cap effective Jan 1st, 2020 The first Emission Control Area (ECA) was created in the Baltic Sea more than 10 years ago. Since the creation of the ECAs, seafaring vessels are subject to stricter regulations at both a global and regional level. As of Jan 2015, the regulations set in place by the International Maritime Organization (IMO) allow for a maximum sulphur content of 0.1 % in the ECAs. To date, there are ECAs in the English Channel and North Sea, North America and Caribbean Sea. The IMO recently also announced to conduct a study about the benefits, costs and feasibility of establishing a sulphur emissions control area in the Mediterranean. Low-Sulphur fuel oil is more expensive than marine diesel fuel, so as a result, carriers and forwarders released explanations and tariff tables on how the cleaner low-sulphur fuel is offset by the Low Sulphur Surcharge. For non-ecas, the IMO has set a new global sulphur cap, to come into effect Jan 1 st, 2020, requiring ships to use fuel oil with a sulphur content of no more than 0.5% m/m, a huge drop from the current limit of 3.5%. China is a key player in this area, as it introduced the 0.5% sulphur cap roadmap in the Yangtze River Delta, Zhujiang (Pearl River) Delta ports and Bohai Sea zones. This sulphur cap has been implemented for, in addition to its environmental benefits, the positive impact it can have on human health, particularly for those who live and work close to port cities and coastal communities. As a primary source of SO2, ships produce colorless, reactive gaseous air pollutant known to cause respiratory diseases that lead to premature death. DHL Global Forwarding will inform in more detail over the coming months as more information will be available from the ocean carriers. Source: DHL DGF Ocean Freight Market Update August
13 B A C K - UP 13
14 Market Outlook August 2018 Ocean Freight Rates Additional Trades (1/2) O C E A N F R E I G H T R A T E S O U T L O O K EURO AMLA EURO SSA AMNO MENAT AMNO SSA AMNO AMLA AMLA Exports AMNO ASPA Capacity remains very short on EC and WC. Pre-notice of bookings need to be placed between 2-5 weeks in advance. Further rate increases / PSS have been announced by some carriers for August, subject to EBAF. Rates remain stable and space is available. Rates were rising in the past few months but are stable in July & August. Space continued to be a major issue especially from US Gulf Coast and USEC with bookings out 3-4 weeks. Rate and capacity unchanged. Space is available. Hamburg Sud will join the direct service from USA to South Africa in August (direct service is currently shared by Maersk/Safmarine/MSC). Space is tight from US to WCSA, direct and trans ship services remain fully subscribed. Rates and fuel rising in cost to both ECSA and WCSA. US to CENAC stable. Carriers issuing new surcharges and restrictions on free time w/efforts to drive additional revenue. Roll over and space constraints affecting entire region. MX/BR/SAWC region facing port omissions and backlogs (Market Restructuring-BR Strike backlog, Weather). Serious congestion being faced in T/Shipment ports like CTG, BUN and MIT. Shippers are strongly urged to provide forecasts 4-8 weeks out. Carriers pricing behavior mirrored throughout trade. GRI s and Emergency Fuel surcharges announced daily on all trades. Capacity will be reduced by 6.7 % from USWC ports & 5 % from USEC ports over the next month. Countries in Asia are implementing strict acceptance guidelines for waste products (paper, plastic & metal scrap) which will impact export volumes. Source: DGF 14
15 Market Outlook August 2018 Ocean Freight Rates Additional Trades (2/2) O C E A N F R E I G H T R A T E S O U T L O O K EURO MED - AMNO EUR MED AMLA EURO MED ASPA EURO MED MENAT EURO MED SSA ASPA-SPAC further increases connected to US deliveries to be expected. Ocean Freight rates are stable Unchanged / stable Unchanged / stable Unchanged / stable Unchanged / stable As the peak season begins to set in, we are seeing strong bookings along with market utilization at %. We anticipate that the timely Australia capacity increase in August for Ocean Alliance and HMM will ease the cargo rush slightly while oppositely, blanking in New Zealand portion will tighten up space. Market is still keeping good vibes for a surge in the cargo demand. GRI announced for August at USD 300/TEU for China Australia and USD 200/TEU for China New Zealand. Source: DGF 15
16 Market Outlook Volume Outlook in Main Trade Lanes, 2018 Estimate & 2019/22 Growth Forecast in % 2018e, in mteu 2019e-2022e CAGR, in % N O R T H A M E R I C A I n c l. M E X I C O 4.0 mteu +3.0% F A R E A S T 8.1 mteu +2.5% N O R T H A M E R I C A I n c l. M E X I C O 2.1 mteu +3.4% 12.8 mteu +2.3% 19.0 mteu +2.8% 2.0 mteu +5.6% 1.5 mteu +3.6% L A T I N A M E R I C A 1.6 mteu +4.7% 1.8 mteu +3.5% E U R O P E I n c l. M E D 7.3 mteu +2.7% I N T R A A S I A excl. Oceania 1.7 mteu +4.3% 4.1 mteu +4.4% L A T I N A M E R I C A 41.6 mteu +4.8% G L O B A L C O N T A I N E R T R A D E e m T E U % C A G R 2019e- 2022e Mid-term growth is mainly driven by Asian tradelanes. Source: Seabury Jun18 update 16
17 Drewry s Altman Z-Score as of 1 Jun 2018 Company Period Period Ended Units Net Sales EBIT Assets Book Value Liabilities Total Current of Equity Total Current The Z-Score is a statistical analysis to predict a company s probability of failure in the next two years, using data from the company s financial statement. Retained Earnings Z-Score AP Moller-Maersk 3 months 31. Mrz 18 million US$ 9' '639 21'794 34'313 27'326 10'127 29' OOIL 1) Annual 31. Dez 17 million US$ 6' '069 2'965 4'683 5'387 1'380 4' CMA CGM Annual 31. Dez 17 million US$ 21'116 1'574 19'657 5'624 5'644 14'013 5'956 4' Wan Hai 3 months 31. Mrz 18 million NT$ 14' '753 23'665 33'705 39'048 19'566 12' NYK group Annual 31. Mrz 18 billion Yen 2' ' ' K Line group Annual 31. Mrz 18 billion Yen 1' ' Hapag-Lloyd Holding 3 months 31. Mrz 18 million euro 2' '331 2'136 5'870 8'462 2'749 3' MOL group Annual 31. Mrz 18 billion Yen 1' ' ' Evergreen Marine Corp 3 months 31. Mrz 18 million NT$ 36' '599 57'390 65' '754 45'021 12' China Cosco 2) 3 months 31. Mrz 18 million RMB 21' '359 34'792 43'356 86'003 40'728 9' Pacific International Lines Annual 31. Dez 17 million US$ 4' '107 1'471 1'906 4'201 2'068 1' Yang Ming 3 months 31. Mrz 18 million NT$ 31'035-2' '908 25'968 24' '587 50'022-3' Zim Annual 31. Dez 17 million US$ 2' ' ' ' Hyundai Merchant Marine 3 months 31. Mrz 18 billion Won 1' '399 1' ' ' Z-Score 2.99 = company is safe ; Z-Score between 1.8 and 2.99 = exercise caution ( grey zone ); Z-Score 1.8 = Higher risk of the company going bankrupt ( distress zone ) Source: Drewry Sea & Air Shipper Insight February 2018, 1) parent of OOCL, 2) parent of Cosco Container Lines; Z-score is calculated as follows: T1 = (Current Assets - Current Liabilities) / Total Assets, T2 = Retained Earnings / Total Assets, T3 = Annualized EBIT / Total Assets, T4 = Book Value of Equity / Total Liabilities, T5 = Annualized Sales / Total Assets, Z-score bankruptcy rating = 1.2*T *T *T *T *T5 17
18 Topic of the Month Top 12 Carriers by Operated Capacity (in Mil. TEU), December After triggering regulatory approval processes in 23 jurisdictions, Maersk finally aquired Hamburg Süd. Over the next five months, Maerk will terminate some of Hamburg Süd s overlapping services on certain trades APM- Maersk, Hamburg Süd MSC COSCO, OOCL CMA CGM, Mercosul Hapag-Lloyd ONE (NYK, MOL, K Line) Evergreen Yang Ming PIL Zim HMM Wan Hai Source: Alphaliner, incl. pending mergers 18
19 Acronyms and Explanations 2M - Carrier Alliance: Maersk / MSC AMLA - Latin America AMNO - North America AR - Argentina ASPA - AsiaPacific BR - Brazil CAGR - Compound Annual Growth Rate CENAC - Central Amercia and Caribbean CKYHE - Carrier Alliance: Cosco, K-Line, YangMing, Hanjin and Evergreen CNC - CNC Line (Cheng Lie Navigation Co. Ltd.) DG - Dangerous Goods DWT - Dead Weight Tonnage EB - Eastbound ECSA - East Coast South America EURO - Europe FMC - US Federal Marine Commission G6 - Carrier Alliance: APL, Hapag Lloyd, Hyundai, MOL, NYK and OOCL GRI - General Rate Increase HJS - Hanjin Shipping HMM - Hyundai HSUD - Hamburg Süd HWS - Heavy Weight Surcharge IA - Intra Asia IPBC - India Pakistan Bangladesh Colombo IPI - Inland Point Intermodal ISC - Indian Sub Continent MENAT - Middle East and North Africa mn - Millions MoM - Month-on-Month NOO - Non-operating (vessel) owners Ocean 3 - Carrier Alliance: CMA, UASC, China Shipping OCRS - Operational Cost Recovery surcharge OWS - Overweight Surcharge PH - Philippines PNW - Pacific North West Ppt. - Percentage points PSW - Pacific South West RR(I) - Rate Restoration SAEC - South America East Coast SAWC - South America West Coast SOLAS - Safety of Life at Sea SPRC - South People s Republic of China South China SSA - Sub-Saharan Africa SSL - Steam Ship Line T - Thousands TEU - Twenty foot equivalent unit (20 container) TP - Trans Pacific TSA - Trans Pacific Stabilization Agreement ULCS - Ultra Large Container Ship USGC - US Gulf Coast US FMC - US Federal Maritime Commission USEC - US East Coast USWC - US West Coast VGM - Verified Gross Mass VLCS - Very Large Container Ship VSA - Vessel Sharing Agreement WB - Westbound WCSA - West Coast South America YML - Yang Ming Line YoY - Year-on-Year YTD - Year-to-Date 19
OCEAN FREIGHT MARKET UPDATE
DHL Global Forwarding, Freight OCEAN FREIGHT MARKET UPDATE February 2018 1 Contents TOPIC OF THE MONTH U.S. Truck Power Shortages HIGH LEVEL DEVELOPMENT MARKET OUTLOOK Freight Rates and Volume Development
More informationOCEAN FREIGHT MARKET UPDATE
DHL Global Forwarding, Freight OCEAN FREIGHT MARKET UPDATE July 2018 1 Contents TOPIC OF THE MONTH Rate increases due to higher bunker costs HIGH LEVEL DEVELOPMENT MARKET OUTLOOK Freight Rates and Volume
More informationOCEAN FREIGHT MARKET UPDATE
DHL Global Forwarding, Freight OCEAN FREIGHT MARKET UPDATE June 2018 1 Contents 1st TOPIC OF THE MONTH Carrier Earnings in Q1 2018 2nd TOPIC OF THE MONTH Emergency BAF 3rd TOPIC OF THE MONTH Nationwide
More informationOCEAN FREIGHT MARKET UPDATE
DHL Global Forwarding, Freight OCEAN FREIGHT MARKET UPDATE January 2019 Publication Date 09 January 2019 1 Contents TOPIC OF THE MONTH Ocean Freight All In Rates A Thing From The Past HIGH LEVEL DEVELOPMENT
More information2016 Annual Results. Orient Overseas (International) Limited. March 2017
2016 Annual Results Orient Overseas (International) Limited March 2017 Disclaimer The information provided is for reference only and includes data obtained from sources provided by the relevant information
More informationUrner Barry Conference, May 4, 2014 William C. Duggan, Jr, Maersk Line North American Refrigerated Services. By Land and By Sea: Today s.
Urner Barry Conference, May 4, 2014 William C. Duggan, Jr, Maersk Line North American Refrigerated Services By Land and By Sea: Today s Transportation Capacities, costs and coverage Agenda Key Messages
More informationCool Logistics Asia. Lars Kastrup, Senior Vice President - Asia, CMA CGM September 2, 2015
Cool Logistics Asia Lars Kastrup, Senior Vice President - Asia, CMA CGM September 2, 2015 CMA CGM, a Leader in Container Shipping Led by its founder, Mr Jacques R. Saadé, CMA CGM is a leading worldwide
More informationOCEAN CARRIERS: MARKET CONDITIONS, CARRIER LOGISTICS AND CHANGING INDUSTRY DYNAMICS. Bill Sheridan. APL Network Operations & Logistics
OCEAN CARRIERS: MARKET CONDITIONS, CARRIER LOGISTICS AND CHANGING INDUSTRY DYNAMICS Bill Sheridan APL Network Operations & Logistics William F. Sheridan Director Network Operations, Western Region Seattle,
More informationLATC: Executive Series Old Country Ranch Club. January 9, 2018 BUSINESS UPDATE. Dr. Noel Hacegaba. Managing Director and. Chief Commercial Officer
LATC: Executive Series Old Country Ranch Club January 9, 2018 BUSINESS UPDATE Managing Director and Dr. Noel Hacegaba Chief Commercial Officer Agenda Business performance by line of business Industry updates
More informationGene Seroka APL President, Americas
Gene Seroka APL President, Americas March 7, 2013 Los Angeles, CA Contents Economic Trends Market Dynamics Building a Sustainable Organization Integrated Partnerships 1 2 Economic Trends Market Size &
More informationContainer Market Outlook
Container Market Outlook Alan Murphy CEO and Co-Founder SeaIntel Maritime Analysis October 12 th, 2016 TPM Asia 1 SeaIntel Container Shipping Analysts - Founded January 1 st, 2011 - Fully independent,
More informationCONTAINER TRADE FLOWS AND TRADE LANE CHANGES
CONTAINER TRADE FLOWS AND TRADE LANE CHANGES International Trade Symposium Norfolk VA May 9, 2013 Today s Speaker Hayes H. Howard CEO, BlueWater Reporting 2 Agenda Introduction About BlueWater Reporting
More informationGene Seroka APL President, Americas. January 9, 2013 New York, NY
Gene Seroka APL President, Americas January 9, 2013 New York, NY Contents Economic Trends Market Dynamics Building a Sustainable Organization Integrated Partnerships 1 2 Economic Trends Global Demand for
More informationOcean Market Update. February 9, 2012
Ocean Market Update February 9, 2012 Agenda 2012/2012 Market Trends Status of EB TP Capacity Changes In Alliances Conclusions Photo placeholder 2 Global box container trade growth 2011 (Oct YTD): 7.1%
More informationOutlook for Shipping and Freight Costs
Outlook for Shipping and Freight Costs Martin Dixon, Director - Head of Research Products dixon@drewry.co.uk RISI PPI Transport Symposium 22, Savannah September 25-27, 2017 Agenda Developments in world
More informationWhat Lies Ahead? David Arsenault Founder & President Logistics Transformation Solutions, LLC
What Lies Ahead? David Arsenault Founder & President Logistics Transformation Solutions, LLC June 7, 2017 1 Logistics Transformation Solutions, LLC Founded: October, 2016 Global Supply Chain & Maritime
More informationConsolidation and the alliance shuffle: what could it mean for shippers
Consolidation and the alliance shuffle: what could it mean for shippers STEVE SAXON TPM ASIA, OCTOBER 2016 The voice of the shipper Service does not meet the defined transit standards This is a mess to
More informationCARRIER STRATEGIES, COST vs VALUE & THE SUPPLY CHAIN IMPACT
CARRIER STRATEGIES, COST vs VALUE & THE SUPPLY CHAIN IMPACT June 9 th 2015 TOC Rotterdam Andrew Penfold Director Ocean Shipping Consultants Far-reaching changes are underway. What will be the supply/demand
More informationOcean Carrier Issues and Perspectives. Shifting International Trade Routes, January 23 rd
Ocean Carrier Issues and Perspectives Shifting International Trade Routes, January 23 rd page 2 Introduction Dean Rodin Managing Director Maersk Line Caribbean Sea Cluster Maersk Line at a glance 596 vessels
More informationShipping. Neutral. Sector Note. Reorganization around Maersk and allies
Sector Note June 27, 2013 Shipping Neutral Reorganization around Maersk and allies Nutcracker situation intensifying Booz Allen and Hamilton Consulting used the term nutcracker to describe Korea in 1997
More informationGene Seroka APL President, Americas. January 24, 2013 Tampa, Florida
Gene Seroka APL President, Americas January 24, 2013 Tampa, Florida Contents Economic Trends Market Dynamics Building a Sustainable Organization Integrated Partnerships 1 2 Economic Trends Global Demand
More informationContents. Economic Trends. Market Dynamics. Building a Sustainable Organization. Integrated Partnerships. Open Dialogue
Contents Economic Trends Market Dynamics Building a Sustainable Organization Integrated Partnerships Open Dialogue 1 2 Economic Trends Market Size & Growth Rate Overall Growth outlook is expected to be
More informationMeeting #2 August 3, :00-6:00 pm
Meeting #2 August 3, 2017 3:00-6:00 pm Welcome Michael Kosmala, Coraggio Group Committee Charge & Study Focus Charge: Provide industry knowledge and guidance to the Port of Portland leadership on the Port
More informationTransportation: New challenges and rising costs
Transportation: New challenges and rising costs Han Ning, Director, Drewry China ning@drewry.co.uk RISI Asia Conference - Shenzhen 23 rd May 2017 Agenda New challenges Economy and trade New challenges
More informationUSA Trade: Export BAF Notices
USA Trade: Export BAF Notices Shipping Line Current BAF NEW BAF ANL USD824 per TEU to West Coast USA USD931 per TEU to East Coast USA USD820 per TEU effective 01 Dec CMA-CGM USD931 per TEU to East Coast
More informationShanghai (Export) Container Shipping Capacity Trading Contract
Shanghai (Export) Container Shipping Capacity Trading Contract (Prepared in February 2014, Amended in October 2014) Trading Symbol UW Subject Matter of Contract Export container capacity for the Shanghai
More informationALVAREZ & MARSAL CONTAINER SHIPPING INDUSTRY OVERVIEW VIRGINIA MARITIME ASSOCIATION INTERNATIONAL TRADE SYMPOSIUM
ALVAREZ & MARSAL CONTAINER SHIPPING INDUSTRY OVERVIEW VIRGINIA MARITIME ASSOCIATION INTERNATIONAL TRADE SYMPOSIUM May 3, 2012 Robert F. Sappio CONTENTS I. Background II. Macro-economic Outlook III. Industry
More informationThe global supply outlook
The global supply outlook Global Liner Shipping Conference 16 th May 217 - Hamburg Neil Dekker, Director - Container Research Drewry dekker@drewry.co.uk Agenda Global supply 217-2 Drewry forecast Scrapping
More informationJeremy Nixon. Investors Meeting in Tokyo. Chief Executive Officer (CEO) November Ocean Network Express Pte. Ltd
Investors Meeting in Tokyo November 2018 Jeremy Nixon Chief Executive Officer (CEO) Ocean Network Express Pte. Ltd Today s Agenda 1. Corporate Overview 2. Corporate Strategy 3. FY18 1H result and whole
More informationJeremy Nixon. Investors Meeting in Tokyo. Chief Executive Officer (CEO) November Ocean Network Express Pte. Ltd
Investors Meeting in Tokyo November 2018 Jeremy Nixon Chief Executive Officer (CEO) Ocean Network Express Pte. Ltd Today s Agenda 1. Corporate Overview 2. Corporate Strategy 3. FY18 1H result and whole
More informationCompetitive and Sustainable Port Management as the key to Competitiveness
Soc. Port. de Buenaventura Competitive and Sustainable Port Management as the key to Competitiveness 19 November 2018 Guatemala City, Guatemala Robert West Bob.West@Duaga.com +1 617 309 0521 27 Years of
More informationApril 30, State of the Trade Carrier Perspective
April 30, 2013 State of the Trade Carrier Perspective World Trade Outlook From 1980 to 2013, world container traffic is expected to grow by 9.2% a year in average. But real GDP and Trade volume is expected
More information(America) LLC. The Impact of Super Container Ships & VSAs. Todd Rives SVP & CCO
(America) LLC The Impact of Super Container Ships & VSAs Todd Rives SVP & CCO CMA CGM GROUP Statistics CMA CGM 11.4m 18 000 Employees 650 430 400 TEUs carried in 2013 Offices Worldwide Operated vessel
More informationGene Seroka APL President, Americas
Gene Seroka APL President, Americas April 27, 2012 Specialty Crop Trade Council - San Diego, CA Global Demand for Key Markets & Trades TRANS-ATLANTIC 2010 Size: 4.8 m TEU 2011 HH Growth: ~ 3-5% ASIA-EUROPE
More informationWhat Investors Want to Know: Container Shipping Chartbook
What Investors Want to Know: Container Shipping Chartbook Angelina Valavina, Senior Director EMEA Utilities & Transport June 2017 Contents 1 Recovery Depends on Market Discipline 2 2 Cost Cutting Still
More informationSouth East Asia Trade: Import BAF Notices
South East Asia Trade: Import BAF Notices (India, Indonesia, Thailand, Malaysia, Singapore) Shipping Line Current BAF NEW BAF ANL USD625 per TEU N/C CMA-CGM USD625 per TEU N/C COSCO USD625 per TEU N/C
More informationContainer Shipping. Outlook and Issues for US East Coast Shippers and Ports. Tina Liu Country Manager, China. October 15, 2015 TPM Shenzhen
Container Shipping Outlook and Issues for US East Coast Shippers and Ports October 15, 2015 TPM Shenzhen Tina Liu Country Manager, China Agenda Container volume growth Mega-alliances Mega-ships Port diversification
More informationGrowth, Liner Consolidation and Impacts on Ports & Inland Connectivity. Jolke Helbing
Growth, Liner Consolidation and Impacts on Ports & Inland Connectivity Jolke Helbing Global Container Market - Historical Global containerised trade has been increasingly steadily, since the slowdown:
More informationSHIPPING WATCH 2017 TOC AMSTERDAM JUNE Andrew Penfold. Director - Global Maritime
SHIPPING WATCH 2017 TOC AMSTERDAM JUNE 2017 Andrew Penfold Director - Global Maritime CONTENT 2 Overview shipping market developments Supply/demand balances Ship sizes and cascading Alliances terminal
More informationPORT OF SAVANNAH Garden City Terminal: The Southeast Gateway for the U.S. Presented to
PORT OF SAVANNAH Garden City Terminal: The Southeast Gateway for the U.S. Presented to June 6, 2017 Chatham ICTF served by CSX Transportation Mason ICTF served by Norfolk Southern Railroad GARDEN CITY
More information84 th International Propeller Club Convention Fundamental Changes to a Traditional Transportation Paradigm. October 7, 2009
84 th International Propeller Club Convention Fundamental Changes to a Traditional Transportation Paradigm October 7, 2009 Today s Objectives Endeavor to provide a broad context for today s session by
More informationCool Logistics Asia. September 2017 RAUL SACA
1 Cool Logistics Asia September 2017 RAUL SACA 2 Agenda Fruit trades, Volumes and trends. Reefer Container Perishable Shipping. Trends and Developments affecting Fruit trades. Digitization of the industry.
More informationCARGO E-CHARTBOOK Q OVERVIEW
CARGO E-CHARTBOOK Q OVERVIEW Airline cargo businesses are starting to see an improvement in forward looking demand indicators, but continued increases in capacity have placed downward pressure on yields
More informationOcean freight in 2018 challenges for BCOs
Ocean freight in 2018 challenges for BCOs JOC Container Trade Europe conference Philip Damas, Director Head of Drewry Supply Chain Advisors September 18, 2017 Agenda Drewry Challenge 1: fewer ocean carriers
More informationEvergreen Marine Corp Investor Conference
TSE: 2603 Evergreen Marine Corp. 2018 Investor Conference Challenge Innovation Teamwork Legal Disclaimer The information contained in this presentation, including all forward-looking information, is subject
More informationAPL UPDATE LONG BEACH MARCH 2019 APL UPDATE
LONG BEACH MARCH 2019 % YoY growth Trans-Pacific market expected to remain robust in 2019 Trans-Pacific Supply & Demand YoY% Growth 2018-2019 16% 14% 12% 10% 8% 6% 4% 2% 0% -2% -4% -6% Demand +6.0% Supply
More informationThe Port of New York & New Jersey. A partnership between two states A premier gateway to the world
The Port of New York & New Jersey A partnership between two states A premier gateway to the world Presentation Overview A Gateway for Global Trade The Port s integral role in the world s trade network
More informationDOWNLOAD OR READ : OCEAN FREIGHT RATES AND THE CONDITIONS AFFECTING THEM PDF EBOOK EPUB MOBI
DOWNLOAD OR READ : OCEAN FREIGHT RATES AND THE CONDITIONS AFFECTING THEM PDF EBOOK EPUB MOBI Page 1 Page 2 ocean freight rates and the conditions affecting them ocean freight rates and pdf ocean freight
More informationNUTC BAC PANEL. May
NUTC BAC PANEL May 4 2017 Containership Industry Environment Where we are today Years of overbuilding and reduced trade growth have resulted in chronic global overcapacity Rates are not renumerative with
More informationCARGO E-CHARTBOOK Q OVERVIEW
CARGO E-CHARTBOOK Q4 OVERVIEW Airline cargo businesses continue to face difficult conditions with demand for air freight falling in Q4, yields continuing to trend downward, and oil prices remaining high.
More informationOOCL TIPs. OOCL Expands New Zealand Network from January 1, Africa and Latin America OOCL to Expand Its Global Network. November 2018 edition
OOCL TIPs November 2018 edition Welcome to the November edition of our OOCL TIPs! OOCL Expands New Zealand Network from January 1, 2019 With our focus to grow our service network in the New Zealand market
More informationGlobal container shipping market with a particular focus on intermodalism
Global container shipping market with a particular focus on intermodalism Intermodal Asia Tina Liu Country Manager China liu@drewry.co.uk Copyright notice This Report is for the sole use of the purchaser
More informationAmerican Association of Port Authorities. Maritime Terminal Management Training
American Association of Port Authorities Maritime Terminal Management Training AGENDA Company Overview Volume Review Import Philosophy Port Selection Criteria Market Conditions Shipper Trends Industry
More informationTRB - Annual Meeting
TRB - Annual Meeting NATIONAL DREDGING NEEDS STUDY PHILLIP J. THORPE Institute for Water Resources 16 January 2002 AGENDA Background Information Historical Perspective Global and US Trade World and US
More informationIs container shipping still charting the right course for its customers?
Martin Stopford President, Clarkson Research Is container shipping still charting the right course for its customers? Focus on change in sea transport TPM Workshop 3 March 2015 Fifty Is years container
More informationPerfect Storm to Calmer Seas, The Timeline for Global Shipping Recovery
Perfect Storm to Calmer Seas, The Timeline for Global Shipping Recovery A Joint Webcast from IHS Global Insight and Lloyd s Register-Fairplay Research Introducing the IHS Global Insight and Lloyd s Register-Fairplay
More informationRobert MORRIS Georgia Ports Authority
The Harbor Boom: Meeting future Challenges Through Investment & Development Robert MORRIS Georgia Ports Authority Georgia Ports Authority Staying Ahead of the Curve Meeting Demands of Annual Double-Digit
More informationWan Hai Lines Q1 Update. Laura Su HSBC Taiwan Executive Forum May. 24, 2017
Wan Hai Lines 2017 Q1 Update Laura Su HSBC Taiwan Executive Forum May. 24, 2017 General Overview Global Service Network 86 Operated Vessels Total Capacity of 224,177 TEUs 3 Intra-Asia Services 28 Dedicated
More informationShipping Market Outlook
Shipping Market Outlook Hamburg, 19 November 15 Slide 1 Market Environment Structural Trends of Global Dry Market North America Lower energy prices and higher consumer confidence will bode well for container
More informationTransload Insights: Better Flexibility and Cost Savings
Transload Insights: Better Flexibility and Cost Savings John Paul Jimenez, The Home Depot Don Esterbrook, NorthWest Seaport Alliance Rob Brown, Union Pacific Don Esterbrook, The Northwest Seaport Alliance
More informationMay 2008 COMPANY OVERVIEW & UPDATE
May 2008 COMPANY OVERVIEW & UPDATE Important Notice Forward-looking statements and figures in this presentation are based on Hyundai Merchant Marine s current expectations and no assurances can be made
More informationGLOBAL AND DOMESTIC OUTLOOKS
A A PA A n n u a l C o n f e r e n c e O c t o b e r 2 5, 2 016 GLOBAL AND DOMESTIC OUTLOOKS The supply chains are changing sometimes radically How are industr y and governments adapting? P i e r c e H
More informationGlobal Container Shipping Market: Industry Analysis & Outlook ( )
Industry Research by Koncept Analytics Global Container Shipping Market: Industry Analysis & Outlook ----------------------------------------- (2017-2021) July 2017 Global Container Shipping Market: Industry
More informationUSWC Port Congestion & ILWU/PMA Contract Update. Last update: November 12, 2014
USWC Port Congestion & ILWU/PMA Contract Update Last update: November 12, 2014 ILWU / PMA CONTRACT UPDATE July 1 st : ILWU / PMA the 6 year contract expired without new contract in place Both parties agree
More informationInnovating. Shipment Success Through Intelligent Visibility. Issue 52 February 2017
Issue 52 February 2017 Shipment Success Through Intelligent Visibility WELCOME to the February issue of CargoSmart s, a monthly, complimentary e-newsletter for the ocean shipping industry. is designed
More informationPACIFIC INTERNATIONAL LINES (PTE) LTD
PIL recorded US$79 million EBITDA amidst challenging market conditions in 1H 2018 Turnover increased by 19% year-on-year, driven by higher shipping volumes and container manufacturing sales Recorded EBITDA
More informationCOSCO SHIPPING Holdings Co., Ltd.
Stock Code:601919.SH / 1919.HK 31 August 2017 COSCO SHIPPING Holdings Co., Ltd. 2017 Interim Results Contents 1 2 3 4 5 Highlights Financial Review Market & Business Review Very Substantial Acquisition
More informationCARGO E-CHARTBOOK Q OVERVIEW
CARGO E-CHARTBOOK Q OVERVIEW Airline cargo businesses are starting to see a slightly better demand environment and further improvement in forward looking indicators, but continued increases in capacity
More informationShipping Industry Trends & Impacts on the Supply Chain. Larry Kvidera Port of Tacoma September 9-10, 2013
Shipping Industry Trends & Impacts on the Supply Chain Larry Kvidera Port of Tacoma September 9-10, 2013 Port of Tacoma A Global Gateway Alaska Korea Japan Hong Kong Shanghai Taiwan Hawaii Europe Singapore
More informationLOGISTICS AND PORTS. Pablo Guerrero Transport Senior Specialist Washington D.C. February 3 rd 2016
LOGISTICS AND PORTS Pablo Guerrero Transport Senior Specialist Washington D.C. February 3 rd 2016 1960 1962 1964 1966 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000
More informationBottleneck between Ports and Railroads on the U.S. West Coast
Bottleneck between Ports and Railroads on the U.S. West Coast Mr. Keny Chou Yang Ming Marine Transport Corp. 2015.09.12 1 Outline Intermodal Transport & U.S. West Coast Gate ports USWC IPI Bottleneck Solutions
More informationWhat next for container shipping? Ng Yat Chung Group President & CEO 18 October 2012
What next for container shipping? Ng Yat Chung Group President & CEO 18 October 2012 Today s presentation Current reality Turning point in industry history Positioning for the future 1 Today s presentation
More informationCostly Bet on Big Cargo Ships Comes Up Short
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. http://www.wsj.com/articles/costly-bet-on-big-cargo-ships-comes-up-short-1433151181
More informationThe Blue Economy in Perspective
Oceans Economy and Trade, Sustainable Fisheries, Transport and Tourism, Joint UNCTAD - Commonwealth Secretariat - International Ocean Institute Seminar, 10-12 May 2016 - Geneva, Switzerland This expert
More informationPorts as Nodes in Logistics Chains
Ports as Nodes in Logistics Chains State of the Port and Maritime Sector Gylfi Palsson Lead Transport Sector Specialist, World Bank Presentation draws on material developed by C. Bert Kruk - Port Consultant
More informationThe Dynamics in Shipping
The Dynamics in Shipping Chin Shan Lu Professor, Director, C.Y. Tung International Centre for Maritime Studies Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University Honorary
More informationVolatility in Container Shipping
Volatility in Container Shipping TPM Asia 2013, Shenzhen Simon Heaney Research Manager Drewry Supply Chain Advisors 16-17 October 2013 2 Agenda 1. Volatility in container shipping s DNA 2. Recent container
More informationDrewry Supply Chain Advisors
Container shipping - market trends and contract risks. Multimodal 2011 Conference, Birmingham 6 April 2010 www.drewrysupplychains.com Agenda 1. Container shipping market trends If container freight was
More informationLiner alliances: rationale ESPO Tim Power Director, Head of Maritime Advisors. 15 th May 2014
Liner alliances: rationale ESPO 2014 Tim Power Director, Head of Maritime Advisors 15 th May 2014 2 Contents 1. Liner fundamentals Liner economics and the cycle Historical market growth Historical supply
More informationHorizons CONTAINER CLIPPERMARITIME MARCH FROM THE EDITORIAL TEAM 02 GLOBAL OUTLOOK 03 TRADE LANE REPORTS 04 FLEET & VESSEL CASCADE
CLIPPERMARITIME Horizons CONTAINER MARCH 2018 01 FROM THE EDITORIAL TEAM 02 GLOBAL OUTLOOK 03 TRADE LANE REPORTS 04 FLEET & VESSEL CASCADE 05 TRUMP WHAT S THE BIG DEAL? Contents 01 02 03 04 05 06 FROM
More informationPIANC. World Association for Waterborne Transport Infrastructure LOGISTICS AND TRANSPORT FLOWS IN THE MEDITERRANEAN SEA: CONSEQUENCES FOR PORTS
PIANC World Association for Waterborne Transport Infrastructure LOGISTICS AND TRANSPORT FLOWS IN THE MEDITERRANEAN SEA: CONSEQUENCES FOR PORTS Gerardo Landaluce Development & Commercial Director, Port
More informationNINTH ORDINARY MEETING OF THE. June 18, 2014
NINTH ORDINARY MEETING OF THE INTERAMERICAN COMMITTEE ON PORTS Dr. Don Ratliff Executive Director June 18, 2014 1 Georgia Tech Supply Chain & Logistics Institute Education Research Industry Collaboration
More informationTPM Asia Shenzhen Oct 2012
Intermodal Rail : Finally an Opportunity for South China Shippers? TPM Asia Shenzhen 17-18 Oct 2012 Speaker : Sunny Ho Executive Director The Hong Kong Shippers Council Shippers are getting more and more
More informationTANKER MARKET INSIGHT
TANKER MARKET INSIGHT October 18 Research Department, Teekay Tankers Sep-17 Oct-17 Nov-17 Jan-18 Feb-18 Apr-18 May-18 Jul-18 Aug-18 Sep-17 Oct-17 Nov-17 Jan-18 Feb-18 Apr-18 May-18 Jul-18 Aug-18 $ 000s
More informationStock code:2615 WAN HAI LINES 2018 Q1. Tommy Hsieh/Laura Su May. 16, 2018
Stock code:2615 WAN HAI LINES 2018 Q1 Tommy Hsieh/Laura Su May. 16, 2018 Disclaimer Intra-Asia Services The information contained in this presentation and its accompanying announcements, including content
More informationExpectations for Port Customers and Clients. Dan Sheehy -NYK Line AAPA Meeting October 23, 2008
Expectations for Port Customers and Clients Dan Sheehy -NYK Line AAPA Meeting October 23, 2008 Areas for Review 1. Overview of NYK Line 2. Liner Trade Business 3. Demand versus Supply Outlook 4. Bunker
More informationForest products trade overview JOC Container Trade Europe conference Sept. 18, 2017, Hamburg
Forest products trade overview 217 JOC Container Trade Europe conference Sept. 18, 217, Hamburg 217 216 IHS Markit. All Rights Reserved. 2 Few overall points Value of EU paper products importers and exports
More informationASPECTS REGARDING WORLD ECONOMIC CRISIS IMPACT ON MARITIME TRANSPORT AND CONTAINER TERMINALS
ASPECTS REGARDING WORLD ECONOMIC CRISIS IMPACT ON MARITIME TRANSPORT AND CONTAINER TERMINALS Violeta POPESCU 1 Hazel MENADIL 2 1 Ph. D. Assoc. Prof., Ovidius University of Constantza, Romania 2 Lecturer,
More informationGlobal Coalition for Efficient Logistics. The Shipping Industry and the Global Economy! June 2009! Swiss based non profit public private partnership
The Shipping Industry and the Global Economy! June 2009! Swiss based non profit public private partnership INDEX The objectives of this document are to provide an overview of the Shipping Industry and
More informationRoberts Bank Terminal 2 container vessel call forecast study
Roberts Bank Terminal container vessel call forecast study November 0, 08 Contents. Introduction... 3.. Objective.. Report structure.3. Executive summary. Industry events and trends and impacts on PNW
More informationBusiness Performance in FY2009 and Outlook for FY2010. Mitsui O.S.K. Lines, Ltd. April 2010
Business Performance in FY2009 and Outlook for FY2010 Mitsui O.S.K. Lines, Ltd. April 2010 HP Contents FY2009 Results [Consolidated] 2 Key Points of FY2009 Full-year Results [Consolidated] 4 Results Comparison
More informationBusiness Performance in FY2012-2nd Quarter. Mitsui O.S.K. Lines, Ltd. October 2012
Business Performance in -2nd Quarter Mitsui O.S.K. Lines, Ltd. October 2012 HP Contents 2nd Quarter s [Consolidated] 2 Outlines of 2nd Quarter s [Consolidated] 4 Forecast [Consolidated] 6 Key Points of
More informationThe Suez Canal and the Changing Face of Middle East Logistics. 3 rd Trans Middle East Conference Cairo, Egypt November 2007
The Suez Canal and the Changing Face of Middle East Logistics 3 rd Trans Middle East Conference Cairo, Egypt November 2007 Who We Are PRELIMINARY Supply Chain Research Supply Market Forecasts Supply Chain
More informationNOVEMBER DECEMBER 2018
22 NOVEMBER DECEMBER 2018 Turbulent Waters By Dan Zeiger After an industry shakeup, container shipping still faces uncertainty stemming from cooling demand, stagnant freight rates, increased costs and
More informationSailing the Seas of Change
A BUYER S GUIDE TO Sailing the Seas of Change Powered by 1 powered by CHAINalytics Fact-Based Supply Chain Transformations Years Supply Chain Design Quarters Packaging Optimization Months Logistics Operations
More informationU.S. West Coast Port Congestion & ILWU/PMA Contract Update. Update for: November 20, 2014
U.S. West Coast Port Congestion & ILWU/PMA Contract Update Update for: November 20, 2014 Suspension of Port Congestion Surcharges November 17-19, 2014 By now, all ocean carriers have announced their decision
More informationAnnual Results China COSCO Holdings Company Limited. 11 April 2006
Annual Results 2005 China COSCO Holdings Company Limited 11 April 2006 Agenda Highlights Financial Review Operational Review Group Outlook 2 Highlights RMB million 2005 2004 (Restated) Change (%) Turnover
More informationExplanation by the CEO and Major Q&A
October 31, 2018 Mitsui O.S.K. Lines, Ltd. Explanation by the CEO and Major Q&A [Overall] As you know, the new container shipping joint venture Ocean Network Express (ONE) launched its service in April
More informationIndustry Update. Volume 8 Issue 5
Volume 8 Issue 5 Industry Update Inside this Issue: 1. KWE Receives TI Award 2. FTA Boosts Korean Investments 3. Spotlight on KWE Russia 4. WTSA Suggests Rate Increase 5. Diesel Prices Steadily Drop 6.
More informationProviding Cost Effective, Reliable Services
Northwest Container Services NWCS 1 Northwest Container Services NWCS Providing Cost Effective, Reliable Services Northwest Container Services (NWCS) has been the Pacific Northwest s premier provider of
More information