shiftX Sp. z o.o.’s Post

Dear all, The BCO Conference 2024 in Hamburg was characterized by highly interesting presentations and podium discussions on current topics such as digitalization, market development and sustainability. To visualize and deepen the content presented there, we have launched the new series "Inquired", in which our speakers will once again present their key messages and content in short interviews at weekly intervals. Jan Tiedemann will kick-off the series. Jan is Senior Analyst at Alphaliner, the worlds leading provider of data and market intelligence for the liner industry, and part of AXSMarine. In his presentation "𝗟𝗶𝗻𝗲𝗿 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 - 𝘀𝘁𝗮𝘁𝘂𝘀 𝗮𝗻𝗱 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀" he gave us interesting insights into the current status and further developments of the container und sea freight market. “𝗧𝗵𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝘄𝗶𝗹𝗹 𝗻𝗼𝘁 𝗱𝗶𝗺𝗶𝗻𝗶𝘀𝗵 𝗶𝗻 𝟮𝟬𝟮𝟱.” 𝗪𝗵𝗮𝘁 𝗰𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻𝘀 𝗰𝗮𝗻 𝘆𝗼𝘂 𝗱𝗿𝗮𝘄 𝗳𝗼𝗿 𝟮𝟬𝟮𝟰 𝘀𝗵𝗼𝗿𝘁𝗹𝘆 𝗯𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗲 𝗲𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿? In general, we have seen further market growth in the current year. In the three areas of global container fleet (7.117 active cargo ships in the container trades), fleet capacity (30.86 Mteu) and vessel orderbook capacity (7.76 Mteu), we are recording historic record figures. Year-on-year growth is also up by more than 10% compared to the previous year. The bottom line is that 2024 can be considered a successful year, especially from the shipping companies' perspective. 𝗔𝗻𝗱 𝘄𝗵𝗼 𝘄𝗲𝗿𝗲 𝘁𝗵𝗲 𝗺𝗮𝗷𝗼𝗿 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗿𝗶𝗲𝘀 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗴𝗿𝗼𝘄𝘁𝗵? It is difficult to say, as economic success is measured by various factors. However, the ten global shipping companies that have joined forces in the three alliances 2M Agreement, Ocean Alliance and THE Alliance with an overall market share of more the 86 percent, are certainly among the biggest beneficiaries with core margins up to 20 percent in the first half of 2024 alone. But, however, it is questionable if this trend will continue in the coming years. This is because freight rates have returned to pre-Covid levels, but costs have risen significantly in comparison. 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗮𝘁 𝗺𝗲𝗮𝗻 𝗶𝗻 𝗰𝗼𝗻𝗰𝗿𝗲𝘁𝗲 𝘁𝗲𝗿𝗺𝘀? In fact, shipping companies are currently facing several challenges. Take the situation in the Red Sea: due to the threat posed by the Hutis, most ships are choosing the longer route via the Cape of Good Hope. This is safe, but costs two weeks of additional transit times. In addition, there are delays due to slow steaming or delays in port clearance, for example due to strikes. Ships often must wait days for clearance. Times when the ships are not available. Of course, this costs the owner hard cash. #BCOConference #shiftX #Digitalization

Find our 2nd Report, "How Europe’s Road Freight Companies Can Capitalize on the Recovery," in collaboration with Boston Consulting Group (BCG) explores: 📊 State of the EU Road Freight Spot Market 🔍 Deep dive in key industry challenges 🚚 Recommendations for trucking operators Curious for more? Download the report now https://lnkd.in/e5dw69N5

🤔 Judah Levine, Head of Research at Freightos, shares his key insights following his attendance at S&P Global’s TPM24, the prominent annual North American assembly of shippers, forwarders, carriers, and logistic technology providers. Click the link below to discover Judah's perspectives on: * Geopolitical challenges, with a focus on the Red Sea. * Alliance shakeups, Panama Canal and East Coast labor * Contracts creativity: Strategies for navigating long-term ocean contracts. * Progress in ocean digitalization: The evolving role of technology. https://lnkd.in/dcbuMVuZ

Alphaliner weekly newsletter for 2023, week 16 Highlights include: Top 30 Ports in 2023 • Middle East’s largest container port, Dubai-Jebel Ali returned to the top 10. Its return following a five-year absence reflects Europe’s economic slump. • Qinzhou and Cai Mep entered the top 30. • US ports saw more declines post-covid, but NY/NJ and Long Beach still show net gains • China accounts for over 50% of top 30 throughput • In India, Mundra’s growth is outpacing that of Nhava Sheva. Corporate Updates • Hapag-Lloyd carried out the largest-to-date ship-to-ship bunkering of liquified bio methane (LBM) on its 14,600 TEU Brussels Express. • HMM unveiled a strategy plan that includes expanding its fleet to 130 ships for 1.5m TEU by 2030 to improve competitiveness and adapt to changing alliances. Its current fleet stands at 74 ships for 809k TEU. o HMM also plans to increase its market share by expanding independent services and diversifying route offerings. o Following ONE it is the second THEA member to announce expansion plans. • OOCL is the first carrier to report Q1 financials and indicated revenue up 22% QoQ. Higher revenues came despite a -4% QoQ drop in volumes. Vessel Sale & Purchase Updates • MSC purchased no fewer than six ships (of 1,496-4,252 TEU) in the past two weeks. • CMA CGM purchased the 11,040 TEU CMA CGM Vela and sold the 5,782 TEU Bellini. • Three ships for 3,474 TEU were sold for demolition. Service Updates • HMM will begin buying slots Wan Hai & ONE’s new Asia-USWC AP1 loop in early May. The AP1 succeeds Wan Hai’s standalone AA3 service. • CMA CGM will revamp its Cagema 2 and 3 loops at the end of April. o Cagema 2 will no longer serve Haiti and will add a call at Nassau, which switched from Cagema 3. o Cagema 3 will no longer call Nassau. New port rotation: Kingston, Laffiteau (Haiti), Savannah, Kingston, Philipsburg, Bridgetown, Castries, Oranjestad (Aruba), Willemstad (Curacao), Kingston. Vessell Updates • 13,799 TEU HHM Aquamarine will deploy to THEA’s Asia-WCNA PN3 service. • 13,264 TEU CMA CGM Paraty boasts 2,400 reefer slots and will deploy to the SEAS/SA2/ESA service jointly operated by CMA CGM, PIL, Evergreen and COSCO. • 8,000 TEU MSC Maputo will be deployed to TBD. • LNG-powered, 7,327 TEU CMA CGM Endurance will deploy to OCEAN Alliance’s Asia-WCNA PSW1/Pearl service. • 5,315 TEU Zim Condor will deploy to the carrier’s Asia-Med ZMP service. • Hapag-Lloyd and Seaspan entered into an agreement to convert five 10,100 TEU ships to methanol dual-fuel engines. Port Updates • DP World plans to upgrade annual capacity of its terminal at Posorja, Ecuador from 0.75m to 1m TEU. The expansion could be delivered in mid-2026. Posorja is located between the Pacific Ocean and Guayaquil. #freightforwarding #transportation #tradedatavn #tradedatavietnam #xuatnhapkhau #importexport2024

A good and comprehensive read for anyone with European road freight needs

🚢 Exploring the Key Factors Influencing Physical Performance in Container Terminals 📊 I'm excited to share insights from my latest research, titled "Factors Affecting Physical Performance in Container Terminals: Developing an Empirical Model by Recognizing Relevant Parameters." This study dives deep into understanding what drives efficiency in container terminals, crucial hubs of global trade. 🔍 Key Highlights: Developed an empirical model by analyzing data from container terminals. Identified crucial factors that directly impact physical performance, such as crane efficiency, yard management, and vessel turnaround time. Provided a framework for enhancing transshipment operations and resource allocation through data-driven insights. This research aims to bridge the gap between theory and practice, providing terminal operators with actionable parameters to improve performance and adapt to the dynamic nature of maritime logistics. I invite industry professionals, researchers, and enthusiasts to discuss, collaborate, and exchange ideas to further enhance the efficiency of container terminals worldwide. 🌍💡 #ContainerTerminals #MaritimeLogistics #PortEfficiency #Research #GlobalTrade #OperationalExcellence #DataDriven #EmpiricalModel #LogisticsOptimization

🚢 Shipping’s New Reality: Embracing Change and Innovation ⚓ After decades of stability, the maritime industry is navigating a new reality shaped by a maturing Chinese economy, rising regional trade blocs, and the increasing importance of short-sea shipping. In a recent DNV Market Views videocast, renowned maritime economist Dr. Martin Stopford outlined these transformative shifts. He envisions a future focused on short-sea #shipping, emphasizing adaptability and just-in-time delivery—akin to the convenience offered by Amazon for packages. 💬 Key Insights: Short-Sea Shipping: Anticipated growth in short-sea shipping, leveraging IT advancements for regional trade integration. Technological Advancements: Small electric ships operating with Uber-like technology, revolutionizing trade in areas like the North Sea and Asia. Fragmented Industry Strength: The industry's seemingly fragmented nature, with many small, one-ship companies, could be a unique strength. These nimble players, with their close relationships with cargo owners, can quickly adapt and exploit niche opportunities. Stopford highlights the industry’s historical resilience, citing the Suez Canal closure in 1956 and recent COVID-19 supply chain disruptions as examples of the market's ability to adapt and find new paths to success. 🚢 Market Dynamics: The market, described as the invisible hand guiding the industry, has historically driven the development and optimal use of #ship types, from supertankers in the 60s and 70s to today's evolving needs. The shipping industry, with its capacity for adaptation and innovation, is well-positioned to meet the challenges of the future. Source: The Baltic Exchange #MaritimeIndustry #ShippingInnovation #SupplyChain #GlobalTrade Vikas Pandey Ravi Shankar, FICS

A pleasure to share insights from Lars Jensen from last week's TOC Europe on the rising freight rates, market developments and potential scenarios for container shipping for the rest of the year. #containershipping #WorldCargoNews #TOCEurope2024

Our new article highlights the complexity of the European road transport market and delves into a question I received often in recent weeks

🌃The 2024 North Bund Forum has drawn to a close on Oct. 24. Under the theme “Digital, Smart and Green: Co-creating a New Ecosystem of Global Shipping and Aviation”, the Forum released a couple of major results.   👉️The building of a green shipping corridor between Shanghai Port and the Port of Hamburg was announced. COSCO SHIPPING co-launched the declaration with the Shanghai Municipal Transportation Commission, the Hamburg Port Authority, and the Shanghai International Port.   👉️COSCO SHIPPING unveiled its core product for the digital supply chain—the Supply Chain Control Tower. It significantly elevates supply chain management efficiency and is set to catalyze the logistics business chain’s rapid ascent up the value chain.   👉️ COSCO SHIPPING co-host the 2024 North Bund International Shipping Forum with the theme“Coping with Uncertainties through High-Quality Development of the Shipping Industry”.During the Forum, we unveiled the “Intelligent Research and Training Dual-purpose Ship”project. See more about the Forum: https://lnkd.in/grY2YzVQ   #ConnectingtheWorld #LetsGoDigital #GreenerSailing