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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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Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points, ...
Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
Friday, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...
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- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- The University of Queensland
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
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