Friday, April 20, 2012

Container Market in brief.

Freight rates in the Asia to Europe container trades have seen spot rates more than triple since late last year, and look set to rise further as lines impose more increases in the coming weeks. 

Most lines have announced their intention of seeking another $400 per teu on May 1, but APL and OOCL will be asking for $450 more. Shanghai’s container throughput also reached 7.5m teu in the first three months of this year, based on year on year growth of 3.5%.

Container imports to Europe increased 4 percent in February, while exports grew 8.89 percent, according to the latest analysis from Container Trade Statistics.  Rotterdam posted a 4% decline in volumes in the first quarter to 2.8m teu, despite a 1% rise in total box weights to 30m tonnes.

In Asia, Singapore handled 7.5m teu in the January-March period, up 6.6% on year. Inactive capacity now stands at 274 ships with a total intake of 492,000 teu, equivalent to 3.15% of the total fully cellular fleet, according to Lloyds List latest idle containership survey as of the 11th April 2012.

Braemar Seascope have reported that scrapping activity is picking up, with 35 ships sent to the breakers in the first quarter of the year, and almost a half coming from the 2,000 - 3,000 teu range. Braemar estimates that 120 ships of just over 193,000 teu will be removed this year, representing 1.2 per cent of the fleet.

That compares with 58 ship deletions of 83,900 teu in 2011, and a projected 65 ships of 134,500 teu are likely to be sold for scrap in 2013.

Source:  IMDO 

Monday, April 16, 2012

TIACA slams Frankfurt night-flight ban

The decision by the Federal Administrative Court in Leipzig to uphold a night-flight ban at Frankfurt Airport will damage one of the world’s premier gateways for international trade and harm the local and national economy, said the Chairman of The International Air Cargo Association’s (TIACA) Industry Affairs Committee.

Despite strong industry protests, the court’s decision means the ban on flights at Frankfurt between 11pm and 5am will remain in force. The court also reduced the number of flights allowed in the hour before and hour after the night period.

TIACA has previously warned of the potential economic and environmental damage that would result from the night-time flight ban, a prime time for freighter movements that support fast deliveries of essential products throughout the day once they leave the airport.

The association said restricting freighter movements would reduce future investment by companies at Frankfurt Airport and could lead to job losses. It also warned of a negative impact on the environment from greater trucking operations if all-cargo airlines were forced to use other airports.

Consumers can also expect higher prices for everyday items due to higher supply chain costs, TIACA said.

Oliver Evans, Chair of the Industry Affairs Committee, said: “We are extremely disappointed by the decision.

“Slots are a major battle ground for airlines at major airports across the globe and in recent years to satisfy the requirements of passengers, all-cargo operations have been pushed into the hours of the day, and the night, when passengers don’t want to fly. The air cargo industry has adapted to this and made it work.

“Today, night-time cargo flights are part of a seamless supply chain that means consumers and businesses can plan their stock levels and production schedules with confidence. This is now at risk.

“Until courts, businesses, industry and members of the public start to understand how much they rely on air cargo, the danger is that the decision made in Frankfurt could be repeated at other major gateways.

“If this happens, it’s not only the air cargo that will suffer: local communities around those airports and national economies will also pay a higher price, both financially and environmentally.”

Source:  IFW