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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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- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Deloitte Consulting - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Australian Coal Association
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
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