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Thursday, 14 March 13
SHIPPERS AND CARRIERS NEED GREATER COMMUNICATION AND MUTUAL UNDERSTANDING
Press Release – Shippers and shipping lines both need to raise their game if global container supply chains are not to be habitually subject to wildly fluctuating service levels. This was a key take-away from Day 1 of the TOC Container Supply Chain Asia conference being held in Hong Kong, on 12-14 March.
Addressing the conference session ‘Carriers Close Up’, Mark Holloway, Head of Supply Chain Asia for global beverage group Diageo, explained that his company’s supply chain is focused on “cost, service and quality”, in other words a natural continuation of Diageo’s corporate culture and approach to its end customers who consume the company’s products.
Understanding customer requirements is key to meeting their expectations, he explained. However, he added that in his experience container shipping lines have little or no engagement with their customers either to discuss issues that arise or plans to improve service levels. He argued that the focus was almost exclusively on price, which in times of highly volatile rate movements often leads to unreliable lead times impacting service levels for end customers and unreliable updates on where particular shipments are at any moment along the logistics chain.
These factors have a negative impact on business often resulting in increased inventory and service risks. However, Mr Holloway emphasised that the current poor state of relationships between shippers and carriers was as much the result of shippers allowing that to happen as also being the fault of the carriers. His principal message was that both partners need to improve their communications with each other in order to achieve more collaborative supply chain management.
“It is now the responsibility of shippers to elevate the quality of the conversations we have with carriers and focus on cost, service and quality, and therefore allow us to have an on-going relationship with our supply chain colleagues just I have an on-going relationship with the customers I serve,” he concluded.
From a carrier perspective, Stanley Smulders, Senior Vice-President Asia - Europe & West Africa Trade Management, for MOL Liner, accepted that various strategies recently adopted by carriers do impact supply chains. However, he also pointed out that the response of many carriers has simply been as a result of the lack of sustainable financial returns. The creation of wider alliances, for example, is an obvious response to the need to phase in larger vessels economically in order to ensure that the ships are fully utilised. But this will likely result in fewer sailings, which has a direct effect on supply chains.
Shipping lines also need to reduce costs, through measures such as slow steaming, he continued. He asked rhetorically whether this is likely to change any time soon, but the answer was “very unlikely” as long as costs such as bunker fuel stay where they are.
Mega-vessels, mega-ports
The impact of mega-vessels and mega ports on the supply chain was also a principal theme of the opening day. In a keynote speech, Mohammed Al Muallem, Senior Vice-President & Managing Director UAE Region, for DP World, noted that ports are integral to supply chains. Moreover, containerisation has expanded the hinterland of ports, leading to the development of regional, local & extended gateways.
Consequently ports have evolved as enablers adding “substantial value” to the freight chain, specifically in terms of facilitating multimodal infrastructure, e-information exchange and integration with hinterlands. This is encouraging a move towards ‘port-centric logistics’ that provide connectivity between supply chain enablers.
Mr Muallem continued by saying that ship size has doubled over the past decade and the market will continue to see increasing numbers of ‘mega-ships’ coming onto the market. With these increasingly large vessels, hub & spoke concepts for ports are likely to be dominant and will enable shipping lines to pursue the economies of scale they are seeking.
This has significant implications for ports. Larger ships mean deeper drafts, wider channels and longer berths. Operational efficiency is also of key importance as the mega-vessels will need to load/discharge greater numbers of containers with each vessels call.
TOC CSC Asia continues until 14 March at the Hong Kong Convention and Exhibition Centre.
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Saturday, 23 March 13
WORLD COAL TRADE FIRST PASSES 1 BILLION TONS IN 2012 - VEREIN DER KOHLENIMPORTEURE E.V
Press Release: Hard coal imports to Germany on the previous year's level in spite of regenerative energies. Imports for power plants at an all-time ...
Thursday, 21 March 13
HANDY : RBCT ROUNDS FIXED AT $ 9000 + 300K BB - FEARNRESEARCH
Handy
The Atlantic market remains firm with cargoes seen to support healthy rates as per last week. The USG-Feast was at USD 25k and Black Sea-Feas ...
Wednesday, 20 March 13
NTPC TO IMPORT SEVEN MILLION TONS COAL FOR FOUR MONTHS
COALspot.com : NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company has awarded&n ...
Tuesday, 19 March 13
CHINA GAS PRICE REFORMS AND APAC GAS PRICING - FITCH STREET VIEW
Fitch Ratings says pricing reform in the Chinese gas sector is unlikely to materially impact gas distributors' margins, and low gas prices in the U ...
Tuesday, 19 March 13
NEWCASTLE COAL EXPORTS FALL BY 4.27 PERCENT ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,365,561 MT of thermal and coking coal for week ended 0700 hours 18 March 2013, Newcast ...
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Showing 4341 to 4345 news of total 6871 |
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- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
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