Friday, February 19, 2021

Snippets of Logistics and General Freight News This Week

What You May Have Missed but Want to Know
Shipping News Feature

CYPRUS – WORLDWIDE – This week Cypriot Shipping Deputy Minister, Vassilios Demetriades wrote to both the EU Transport and Health Commissioners and the International Maritime Organization’s (IMO) Secretary-General outlining proposals to better ensure the safe vaccination of all crew against the Covid virus.

The Minister suggested that seafarers involved in short sea traffic should all be immunised locally whilst deep sea staff should be vaccinated ashore and those at sea designated as ‘bubbles’ in isolation. In all cases the vaccines used should be subject to a globally agreed standard with adequate numbers of approved vaccines, acceptable to all governments, administered in the seafarers' country of residence to before travelling to join their ships.

INDIA – GHANA – US – Rhenus Project Logistics USA chartered a flight from fellow members of The Heavy Lift Group (THLG) Antonov Airlines, to fly a 54 tonne rotor used in power generation, from Ghana to India for repairs and back. Antonov Airlines used loading equipment designed by its in-house engineering team, while the external cranes for loading and unloading at airport were arranged by Rhenus Project Logistics USA.

Most importantly these facilities were to ensure the highest levels of safety for the teams and cargo. The rotor measured 10.50 metres long, 3.89 metres wide, and 4.13 metres in height. Antonov Airlines developed technical instructions and Rhenus Project Logistics USA assisted the client in redesigning the skid to ensure the bladed rotor fitted inside the fuselage.

WORLDWIDE – In a bid to overcome the challenges arising from the Covid-19 pandemic and prepare for recovery, IATA is launching a series of WFS Webcasts. These live and interactive events will focus on the unprecedented pressure the air industry's financial sustainability is facing during the current crisis, to help airlines and the wider value chain in identifying the key industry priorities to focus on, in navigating through the current challenges.

The overarching theme is Industry Financial Resilience, which will be addressed in three distinct sessions. The first webcast will be held at 1300-1415 CET on 24 February 2021 and will focus on the industry theme of - Debt, debt, debt. Six thought leaders coming from the industry and IATA will be speaking at this session and answering your questions. (Register HERE).Two more events to follow are: Move Faster - 24 March 2021 at 1300-1415 CET The pandemic driving the need for agility and What to Offer - 28 April 2021 at 1300-1415 CET The pandemic talent issue for the Industry.

UK – WORLDWIDE – Fleetscape Capital Limited, an affiliate of funds managed by Oaktree Capital Management dedicated to finance the maritime and offshore industries, has entered into an innovative financing structure with Macquarie Bank Limited to enable Fleetscape to offer sale-and-leaseback or unitranche financing.

Eight tankers have already been financed in the new structure and in the future the vehicle will also include exposures to container ships and bulk carriers. The total number of vessels financed is expected to rise to double figures in Q1 2021. This pace of growth is anticipated to accelerate through 2021, as owners look for competitive capital structures to support their businesses.

UK – CHINA – Gloucester headquartered Reygar Marine Systems, which supplies remote monitoring and fleet reporting systems to maritime clients, has contracted to supply its StemTIDE dynamic positioning control system for a second survey vessel for Thrusterleader, the Shanghai-based supplier of propulsion systems.

Reygar’s StemTIDE technology combined with Thrusterleader’s propulsion system, which comprises twin 600kW azimuth thrusters and a single 200kW bow thruster, will allow the crew to maintain single joystick or fully automatic position and heading control. Operating survey vessels use dynamic positioning to reduce unnecessary fuel use and wear and tear on the vessel’s propulsion equipment, while reducing strain on the crew as they keep the vessel in position.

UK – The UK Ship Register (UKSR) has pledged its support for London International Shipping Week 2021 by becoming a Platinum Sponsor. The involvement of UKSR will facilitate an important focus on maritime growth during the week-long LISW21 in September. As part of the Maritime and Coastguard Agency the UKSR provides world class surveyors and regulation, and the UK Red Ensign is recognised globally for the maintenance of high standards, maritime safety and the welfare of seafarers. Dan Vivian, UKSR Commercial Director, said:

“London International Shipping Week is one of the most respected and valued maritime events in the world. The UK Ship Register is an important part of the UK maritime offer and the week gives us the opportunity to shine a spotlight on the many fiscal advantages, world class expertise and personalised service the UK Flag has to offer.”

UK – Due to continued uncertainty around lifting of restrictions resulting from the Coronavirus pandemic, the United Kingdom Warehouse Association (UKWA) management board has reluctantly taken the decision to postpone its flagship Annual Lunch & Awards 2021 event to Wednesday 24th November. The event will be held, as previously, at The Dorchester in London.

Veteran broadcaster, journalist and author John Humphrys will be UKWA’s guest of honour at the event, and will present the prestigious UKWA Awards for excellence in the industry. John will be sharing insights and stories in his uniquely wry style, as well as being interviewed by UKWA CEO Peter Ward and answering questions from the audience. Event and entry information HERE.

UK – The Society of Motor Manufacturers and Traders (SMMT) has published the 2020 whole year registration figures for trucks and buses/coaches and the two sectors it seems have suffered from the effects of the virus, as expected, but one notably much more than the other.

The different rates of decline are in fact quite logical, the -32.2% dip in new truck sales is in fact not as bad as one might have expected, but the supply chain must continue to put food on tables and masks on faces with many of the larger operators routinely renewing vehicles on an annual basis. Conversely bus/coach sales plummeted 58.7% as operators wait to see if passenger numbers will ever bounce back.

UK – The plans for at least seven new Freeports to open in the UK post Brexit has led to much controversy as to what they will mean for different sectors of the supply chain. Now Multimodal has scheduled a webinar for March 4 to run between 14:00 – 15:30 hours GMT . To discover what this might mean for your business register HERE.

Photo: The 54-tonne rotor moved by Rhenus Project Logistics USA and Antonov Airlines.