Blogs

Here is what happened in Ocean Shipping between 13 – 19 August 2018. Hapag-Llyod Launches Its New Digital Quotation Tool Hapag-Llyod has successfully launched its new digital quotation tool – Quick Quotes. The clients can now access the digital tool from 14 th August after its planned global implementation. This tool comes proves to be extremely useful for the global shippers to quickly complete their quotation process in an uncomplicated manner. Quick Quotes does a good job of simplifying the quotation process, generates online quotations for container cargo and offers transparency to the customers on the pricing details. This has become a fast and easy procedure of receiving quotation for container shipments throughout the world. Since things have become relatively simpler, all a client needs to do is to log in to the Hapag-Llyod website and select the requirements. The client can select the type of commodity or container and also, the start and end locations. Following that, the client will immediately receive a binding quotation and can immediately carry on with the booking procedure on the company’s online business portal. Mr. Rolf Habben Jansen, CEO of Hapag-Llyod, is of the opinion that clients will find it way easier to conduct business due to the digitizing element. He also said that the company is constantly trying to inculcate new ways to provide a more efficient customer service. Read More OOCL and COSCO Aim to Optimize Network and Increase Synergies After COSCO Shipping Holding took over the Orient Overseas Container Line (OOCL), both the companies are focusing on improving their synergies, network optimization, fleet and last but not least, cost efficiencies. The recent fluctuations in trades with higher growth rates in head haul has caused a 22% hike in box repositioning prices. Moreover, the bunker costs have also increased by 19%. According to the current updates, the new management team of the joint venture will be presided over by CEO Huang Xiaowen and co-CEO Wang Haimin along with the former CEO Andy Tung. The motto of the joint organization reads as “Trust Together” and it will emphasize on combing the strengths of both the companies to provide the customers with high operating standards and leading IT capacity. Huang believes in expanding the routes to enhance the network efficiency regarding the Asia-Europe trades. Owing to the newly combined capacity, a considerable amount of the older tonnage will be eliminated. Read More Five Important Ports in India to Have Dedicated Cruise Terminals Cruise terminals are trending and a lot of time and effort is being invested by the Indian Government to develop them throughout the country. Mr. Pon. Radhakrishnan, the Minister of State for Shipping and Finance, has responded to a question raised recently in the Lok Sabha with a prompt written reply. Mr. Radhakrishnan has directly informed that five major ports of Mumbai (Maharashtra), Cochin (Kerala), Chennai (Tamil Nadu), New Mangalore (Karnataka) and Mormugao (Goa) has been selected and an ongoing construction work is in progress to develop cruise terminals in these ports. As per the reports, these cruise terminals will have an advanced infrastructure to attract large, luxurious cruise vessels and promote the economy of the country. the Minister has confirmed that all modern equipment will be engaged for the smooth functioning of the terminals, like the embarking/disembarking of the passengers or the berthing of the cruise vessels. Read More Kakinada Port Opened Its Berths for Cape Vessels The Kakinada Deep Water Port has decided to open its berths for Cape vessels. The capsize ships are deemed important because they allow a boost to the economics of parcel advantage for concerned importers. Incidentally, the M/V WISDOM OF THE SEA -1 vessel made the first call and was berthed on August 16 th . The particular Cape vessel had a LOA of 292 meters and was loaded with 1,04, 310 tons of pet coke from Emami Cements. This Cape vessel included the Bothra Shipping as handling agent and the Lorvens as steamer agent. The Kakinada Port supervises the operations of a conveyor system that enables the fast turnaround of vessels. Read More Stena Bulk’s LNG Carrier Vessels Transfers Shipment to LNG Terminal in China ‘Stena Blue Sky’, the LNG carrier owned by Stena Bulk, has delivered cargo to China’s very first privately-owned LNG terminal. ENN, the renowned Chinese gas distributor, had invited the Stena Bulk carrier on August 8 th to be the first vessel to drop shipment at the new Xin’ao Terminal in Zhoushan, Ningbo. The Zhoushan Terminal has delivered a good performance and has a capacity of 3 million tons of LNG on a yearly basis. In 2017, China surpassed North Korea to become the world’s second-biggest LNG importer right after Japan. Read More Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.