A shipping line with many Filipino employees plans to make a donation of US$ 30 000 to help people affected by the typhoon. The company has a strong relationship with the Phillipines, as many Filipino seafarers serve aboard their vessels, and they have a maritime training centre in the islands.
This year Britain has a much larger barley crop than usual, due to a we autumn in 2012. In October, one cargo of 50 000 tonnes of barley was loaded for shipping to the world s top importer of the grain, Saudi Arabia. The country is expected to import 7.5 million tonnes in 2013/14, slightly lower than the previous season. The UK also exports barley to Tunisia and Libya.
Vietnam exports billions of dollars worth of cargo to the USA and Europe, and is expecting to increase this as Vietnam becomes more dominant as a world trade hub. Labour costs are a third of those in China, which has encouraged investment from major manufacturing companies, who will be producing and shipping their products all over the world.
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Speak to several freight companies1 to ensure that you have been given a competitive rate. Make sure you find a reliable, efficient company to transport your items. Begin your search here by entering a few details on our convenient form and you’ll soon receive up to 5 free quotes from our esteemed freight partners.
Freight is also called cargo and it means any goods that are transported via road, rail, air or water. This term does not apply to personal shipments that one individual sends to another individual. It must be commercial in nature (company-to-company shipments or company-to-individual shipments). The transportation method you choose will depend upon what items you will ship, but most likely, you will be using an ocean freight2 company. The international shipping industry accounts for 90% of world trade, so nearly everything you come into contact with in your average day has been on a freight vessel. Ocean vessels can move full container loads (FCL), less than a container load (LCL) and dry or liquid bulk cargo. One container or several containers can be picked up from your warehouse, factory or port. Some companies can do the packing for you; others require you to prepare everything in advance. When more than one transportation method is used, this is known as intermodalism. The idea to load containers from one transport mode to another without disturbing the cargo inside dates back to the 18th century.
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This revolutionary idea has now made it possible to smoothly transfer containers between rail, road, sea, ocean and air. Not only has this simplified the whole process, it has also made it faster and more efficient. This also means that all containers must be uniform in size, thus the TEUs (Twenty-foot Equivalent Unit) and FEUs (Forty-foot Equivalent Unit) were born. Since the early 1960s, containers have been constructed according to strict guidelines and vessels, trucks, trains, planes and related equipment such as gantry cranes must also adhere to the International Organisation for Standardisation’s requirements. Perhaps you will enlist the help of a freight forwarder5 to move your goods. This is someone who acts as an agent to ensure safe and timely deliveries. This person will manage the whole process for you, including documentation and insurance. The most important document is the bill of lading (known as the air waybill in the air freight industry). This formal contract specifies who the consignor and consignee is, as well as all the charges involved. Note that it is not a document of title to the goods.
Cargo shipping companies and freight forwarders should be bonded, insured, and licensed by their home country’s maritime authority. Be cautious when selecting your consignor because some companies might boast that they have a license and include this claim on their websites, even if this is not the case. It’s wise for you to do a thorough check on a business or individual before signing any documents authorising the transport of your goods. Be sure that you have all the details of your shipment ready so that when speaking with freight companies, they can provide you with an accurate quote. Speak to several to ensure that you have been given a competitive rate.
Turnover generated by the Dutch transport sector in the second quarter of 2013 was 0.5 percent up from the same period last year. Airlines and courier firms were the main contributors to the positive result. Inland shipping, road haulage and other providers of logistic services faced loss of turnover as the volume of transported goods diminished according to figures released by Statistics Netherlands.
Turnover generated by the aviation sector improved as more passengers were carried and rising fuel prices were passed on to consumers. Since 2009, turnover developments in the aviation sector have always been positive.
The increase in online sales had a positive effect on local mail and courier firms. Providers of courier services achieved better turnover results, despite the persistent economic crisis. Most goods carried are delivered at the consumer s home address by couriers. Courier service rates rose marginally in the second quarter.
Negative results road haulage
Road hauliers faced negative turnover results in the second quarter, although freight rates rose marginally. Turnover declined by more than 3 percent relative to the second quarter of 2012 as the supply of goods was limited. A similar downturn has not occurred in recent years.
Turnover results inland shipping further down
For the sixth quarter in a row, inland shipping could not realise turnover growth. Turnover declined by just under 3 percent in the second quarter. Overcapacity, the slump in the construction sector and the limited supply of goods have a negative effect on inland shipping.
Shipping agents also feel the impact of the recession
Providers of logistic services, e.g. storage, loading, unloading and transhipment facilities and shipping agents faced loss of turnover in the second quarter. The reduced supply of goods had a negative effect on the demand for logistic services. Currently, shipping agents are also beginning to feel the pinch of the recession. Turnover fell for the first time since early 2010.
More at The Dutch Daily News
According to one of the major shipping lines, export volumes out of east and central China have grown by just 3% in the first half year of 2013. Customs data suggests that overall import-export value grew 1.1% over last year; exports were down by 1% and imports up 3.6%.
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 million tons by sea, but in 2012 that number had increased to 106.7 million tons. The effect on shipping has multiplied due to the fact that much of the demand growth has come from East Asian countries. With a large part of the US Coal destined for East Asia being shipping out of the US East Coast ports, this will increase the demand for tonnage.
Chief Shipping Analyst at BIMCO, Peter Sand, says: As a consequence, the transportation demand stemming from US coal exports has surged from 84.7 billion tonne-miles in 2002 to an estimated 707.3 billion tonne-miles in 2012 (835% over the period). In comparison, the Chinese coal imports in 2012 accounted for an estimated 697.6 billion tonne-miles of demand for seaborne transportation. This means the US coal exports was more important to the dry bulk shipping market than the Chinese coal imports in 2012 . (For more details on Chinese coal imports see the April edition 2013 of BIMCO Shipping Market Overview and Outlook).
The US exported 22.0 million tons of coal to the East Asian countries of South Korea, Japan and China in 2012, of which 5.1 million tons came from Pacific ports. The Pacific ports export thermal coal to East Asia, while the US East coast and Gulf coast (USEC/USGC) ports export both thermal coal and coking coal. Of the total 22.0 million tons exported to East Asia in 2012, coking coal made up 14.9 million tons (68%) and thermal coal made up 7.1 million tons (32%). 40% of the coal exported to East Asia came from Baltimore, a Capesize-accommodating port that attracts Asian buyers, who also has to accept an extended distance of more than 14,000 nautical miles to reach the port of discharge.
Likewise, the US exported 51.3 million tons of coal to the EU in 2012. The main destinations were the Netherlands and the UK with a total of 23.1 million tons. A part of the coal exports to the Netherlands are subsequently transhipped to German buyers. Traditionally, most of the European trade has been for coking coal, but 2012 marked the year where this pattern changed. In 2012, the US exported 27.9 million tons of thermal coal to the EU (54%), but only 23.4 million tons of coking coal (46%). Unlike the exports going to East Asia, all coal exports to Europe came from USEC/USGC ports making the transit distances substantially shorter. The result is that the exports to East Asia are more beneficial for the shipping industry than the exports to the European Union, despite involving much lower volumes.
Thermal coal exports Reflecting a new energy market in the US
The increased thermal coal exports is explained by the large-scale exploitation of unconventional fuels in the US, which has made consumption of domestic oil and gas relatively cheaper. The average Brent-WTI spread went from nothing to around USD 17 per barrel during 2011 and 2012, while domestic US natural gas prices have halved since mid-2000s.
As a consequence, the domestic consumption of coal fell by 11% to 807.8 million tons in 2012. Since the production only fell by 7.2% to 922.1 million tons, the potential for exports has increased.
Meanwhile, European gas-driven power plants suffer from oil-indexed contracts and higher oil prices, making coal the cheapest option for energy in Europe. Working in the same direction was the collapsing carbon prices within the EU ETS which only made the appetite for coal more significant. Back loading or not in the EU ETS, this is probably going to be the case also in the coming years. The low freight rates during the past two years have also been an incentive for importing coal from countries far away such as the US and Colombia.
in the coming years. The low freight rates during the past two years have also been an incentive for importing coal from countries far away such as the US and Colombia.
The thermal coal to East Asia is primarily shipped to South Korea, who has virtually no coal mining industry. The increased South Korean demand for US coal originates from a desire to diversify trading partners to manage rising coal costs.
Coking coal exports a matter of Chinese steel production
Coking coal demand in East Asia has largely been a result of an increased Chinese steel production. The Chinese steel output in 2012 was four times larger than in 2002, while the production in Japan and South Korea has remained relatively unchanged. As a consequence, China has increased its imports of coking coal, which has benefitted the US as well.
South Korea has traditionally imported coking coal from Australia, Canada and China. However, due to the Chinese domestic demand, South Korean steel mills have to source their coal elsewhere than China, which has benefitted exporting countries such as the US and Russia.
Japan has imported less coking coal post-2008, but the country has increased its coking coal imports from the US as a substitute for Australian coking coal, which means that the distances travelled increase fourfold.
In the EU, seaborne coking coal demand has been relatively stable over the last decade, but a larger share is being sourced from the US. In 2002, the US exported 9.9 million tons to the European Union; in 2012, the number had increased to 23.4 million tons. The increased demand for coking coal came from Germany and the Netherlands in particular, but also from Italy, France and the UK.
Looking forward, India could become a medium-term growth factor as the country has experienced very high demand growth for US coal during the past five years. The US exported 6.4 million tons to India in 2012 all shipped from USEC/USGC ports.
Back in the US there are talks about building a large coal export terminal at Cherry Point, state of Washington or in the state of Oregon. One proposal, at Cherry Point near the Canadian border on the West Coast, plans to have a capacity of 48 million tons per year. The terminals would accommodate the large thermal coal reserves in Montana and Wyoming. Out of the 431.1 million tons of thermal coal produced in 2011 in these states, only 15.5 million tons were exported (source: EIA). The terminals are being built to meet the increasing demand for coal-fired power generation in East Asia, and at full capacity, the Cherry Point terminal would create employment for 40 Capesize vessels on an annualised basis. We expect to see a surge in exports if the terminals are built.
US thermal coal exports to East Asia in April were slightly up from the same month last year (8%), but down by 24% from the month before which represented an all-time-high in total coal exports. Coking coal is more of a joker, as the April numbers throw a wet blanket over the party. Coking coal exports to East Asia were substantially down from the same month last year (-40%) as well as from last month (-44%). Sources attribute this to lower GDP growth in China combined with a massive oversupply of coal in East Asia. Some analysts therefore expect US coal exports to be 10-15% lower this year compared to last year.
Another potential threat comes from the talks of a Chinese ban on high-sulphur and low-calorific coal, as much of the US coal going to China has a high content of sulphur. In 2012, China imported 8 million tons of coal with sulphur content above 1%. It is however uncertain if Beijing will ratify the coal ban. However the US has lots of low sulphur coal reserves to substitute the high sulphur coal if it is demanded.
When we look into the future, global demand for thermal and coking coal is set for solid growth with thermal coal being in the driving seat both in terms of volume and percentage growth. If the US can stay price competitive in the market and scale up Pacific port capacity, the longer sailing distances are likely to benefit dry bulk shipping demand along the road adds Peter Sand.
Source: Peter Sand / BIMCO
Prosecutors in Sweden have issued international arrest warrants for two British men accused of smuggling garlic via Norway.Other smugglers have been arrested by police in Britian, Ireland, Austria and Poland for importing illegal garlic. The main route for evading EU import taxes seems to be via Norway, whence the vegetable is driven over the border into Sweden in freight lorries. It appears that the British suspects imported 50 lorry loads over two years.
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Export Freight to Finland
I am very pleased with the service I recieved from RW Freight Services when they dealt with my export to Finland. The whole shipment ran smoothly and am looking forward to working alongside them in the future.
Export Freight to Finland
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Freight Export to Norway
According to Containerisation International, prospects for freight rates on the Asia to Europe routes are looking quite positive. Freight rate increases wee announced in December, as shipping lines tried to stop the fall in spot prices which happened in the send half of 2012.
Freight volumes are expected to rise by 4 6 % in 2013, and if shipping lines keep a lid on capacity, freight rates may rise slightly.