27 April 2017
Indonesia is poised to finally take a premier position on global trade flows following the recent opening of the New Priok container terminal in Jakarta last August, delegates at the TOC Asia Container Supply Chain event in Singapore heard this week.
David Wignall, senior vice president at Indonesia Ports Corporation, explained that prior to the construction of the new terminal in the Indonesian capital’s Tanjung Priok port complex, the largest vessel the port could handle was 3,500-4,000 teu....
“New Priok can handle vessels up to 18,000 teu, and this produces a major
26 April 2017
The chances of a creating a fourth container transhipment hub in south-east Asia appear to be growing increasingly slim, delegates at this week’s TOC Asia Container Supply Chain event in Singapore were told.
Carrier consolidation, in terms of the new alliance structure, merger and acquisition activity and the increasing propensity to take equity stakes in existing terminals to secure port capacity, mean that plans to build new port facilities in the Straits of Malacca were unlikely to be commercially viable.
Jason Chiang, director of consultancy Royal Haskoning, said that with...
25 April 2017
Despite growing confidence in a container market recovery over the past six months, a leading shipping analyst has predicted the return of freight rate volatility to the world’s major trades as the spectre of overcapacity comes back to haunt the industry.
Tan Hua-Joo, executive consultant at Alphaliner, told Container Supply Chain Conference delegates on the first day of TOC Asia that despite 2016 being the “most balanced year in terms of supply and demand since 2009”, with a global fleet growth of just 1.6%, that “hopes on the part of carriers for greater stability are still some...
3 April 2017
The business fundamentals on which the container ports and terminals sector has grounded itself over the past couple of decades are being challenged on almost every front. What will the new models look like and how will today’s industry cross the chasm? In the first of a series of Future Ports editorials, the TOC research team reflects on changes and challenges in the run-up to TOC Asia
Since the late 1990s, the global container terminal industry has been underpinned by strong and seemingly relentless growth in handling volumes. Running up to the global financial crash in...
27 March 2017
Disruptive digital start-ups thrive on creativity, agility and speed, embrace risk and failure and win by challenging the status quo. Established shipping, ports and freight interest rely on well-defined operating processes, systems and rules and seek to minimize risk . How can these two very different worlds come together to unlock the full value of digital? Data61’s Thomas Vitsounis explores the new game in this guest editorial ahead of TOC Asia 2017.
It was expected. It’s arrived. It’s creating a huge buzz. And it’s here to stay. Over the last few years, digital innovation has...
16 March 2017
Ahead of the annual TOC Asia conference in Singapore, Quintiq's Kris Kosmala argues in this guest editorial that ports and terminals need to think hard about how their investments in smart technology can be converted into hard cash
As far as the shipping technology hypes go, “smart terminal/port” concepts remain the focus of attention and often serious investment. At every shipping event, port automation vendors flaunt their credentials on the subject. The blunt messages of “our automation will make your port/terminal smart(er)” could make everybody thinking that terminals are...
7 February 2017...
European Shipping Week will take place in Brussels from 27 February to 2 March and there delegates will focus on the correct packing of Cargo Transport Units (CTUs) and the safety issues that result from poor work practices. The Secretary-General of the International Maritime Organization (IMO), Kitack Lim, and Magda Kopczynska from the European Commission’s DG MOVE, which is the directorate responsible for freight transport safety within the EU, will join industry leaders to speak at a seminar on Monday 27 February . The seminar has been arranged by the same alliance of
TOC Asia 2017 (as part of Singapore Maritime Week) to address prospects for container supply chains in the new world order
2016 could go down in history as the year in which a gradual retreat from globalization took its first concrete steps.
The UK’s shock referendum vote in favour of leaving the European Union was followed by the equally surprising victory of Donald Trump in the US Presidential election. Both occurrences have bolstered nativist and protectionist sentiments in a number of countries, fuelling the prospect of a return to economic nationalism that arguably threatens the...
TOC Asia returns to Singapore in 2017 - once again as part of Singapore Maritime Week - with a powerful two-track conference
Following a turbulent 2016 – can the industry be optimistic about 2017?
Last year was a turbulent year for the container shipping industry. There was the unprecedented collapse of Hanjin, and the continued merging of container shipping business – including Japan's big three shipping groups, K Line, MOL and NYK integrating their shipping business and Maersk Line acquiring its rival Hamburg Süd. This was all set against a background of low oil prices, sluggish cargo...
Onsite Press Release
Thursday 21 April 2016, Singapore
Despite carrier pleas that port productivity levels need to improve in order efficiently handle ultra-large container vessels (ULCVs), it would appear that berth productivity levels at the world’s largest ports are actually falling.
According to new analysis presented by Andy Lane, partner at CTI Consultancy, at this week’s TOC Container Supply Chain conference in Singapore, berth productivity at some 20 of the largest ports in Asia and Europe is in decline.
Using data gleaned from the Journal of Commerce’s berth productivity survey, and
Onsite Press Release
Wednesday 20 April 2016, Singapore
Despite the Asia-Europe trade experiencing one of the worst starts to a year in terms of both volumes and freight rates since the financial crisis, there could be cause for optimism for carriers on the trade....
Speaking at the TOC Container Supply Chain conference which began this morning in Singapore, Maersk Line’s Asia chief executive Robert van Trooijen said there was growing evidence that recent declines on the trade are set to be reversed.
Last year container volumes from Asia to Europe declined by 4%, while in the first quarter of