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Freight Factors Air and Sea Freight News

December 2011
Emirates Shipping Line has applied a US$250 congestion surcharge on all bookings and imports taken for Mombasa and Dar es Salaam on its AFA and GIA services. The surcharge was effective on all bookings issued after December 1. “The surcharge is affected due to berthing delays currently being experienced at the ports,” Emirates said in a statement.

December 2011
The world’s second and third-largest container shipping companies - MSC and CMA CGM – yesterday announced a broad-based operating partnership that will include the Asia-Southern Africa routes as well as Asia-Northern Europe and all of the South American markets. The partnership is designed to improve the two partners’ respective performance, enhance quality of service for all of their customers and enable the Groups to deploy the best ships in each of their fleets. The move will increase the number of ports of call and frequency of sailings.

October 2011
The container industry may be facing half a decade of oversupply that will curb freight rates as shipping lines launch vessels into a global trade slowdown, reports Bloomberg. The rise in container capacity will exceed demand by as much as 10% over the next three years, according to Drewry Shipping Consultants. It estimates that capacity will rise 29% in the three years ending in 2013, while demand will grow by as little as 19% in the period.

October 2011
Chennai, India's second-largest container port, last week completely suspended export container handling at its two terminals for three days due to serious congestion. "To ease the current situation, there was a complete stoppage of exports from October 13 through October 16," said a spokesman for the Chennai Steamer Agents' Association. The situation caused serious berthing delays and disorganised schedules for vessel calls. So far, the terminal yard has piled up 18 500 export TEUs, with about 13 500-TEUs from import cargo."

October 2011
International Air Cargo Association (TIACA) has told the Asia-Pacific Economic Co-operation (APEC) USA 2011 conference in San Francisco that removing a bilateral system that is 'stuck in the past' and creating a liberalized air cargo industry will create 'new economy highways in the sky' and provide countries with quick and efficient global supply chains and market accessibility.

October 2011
The port of Beira in Mozambique’s central province of Sofala, is expecting to double the amount of cargo it handles within the next four years, reports AIM news agency. Last year the port handled 1.29-million tonnes of cargo. In the first half of this year it handled 720 000-t, and projections indicate that by the end of the year the total will reach 1.4-mt.  The port dealt with over 105 000 containers last year and more than 67 000 in the first half of 2011. These figures do not include coal from Moatize in the western province of Tete, exports of which began in September through a dedicated terminal. The port is expected to handle over 6-mt of coal per year.

October 2011
A new deepwater terminal has just opened in the UK, capable of handling the latest generation of container vessels. The Felixstowe South Terminal will comprise two berths - 8 & 9 - and its owner, Hutchison Ports UK , claims it is currently the only facility in the country capable of handling the latest generation of container ships, which have capacities of up to 18 000 TEUs. Currently, Felixstowe handles more than 40% of the UK 's container cargo, with around £60 billion of imports and exports passing through the port each year. The expansion could add a further £20billion to this figure, a spokesman said.

October 2011
Spain's antitrust regulator has approved Chilean airline LAN's planned takeover of Brazilian carrier TAM to create one of the world's biggest airlines, a source close to the deal told Airwise News.

October 2011
British Airways World Cargo is gearing up for the launch on November 1 of its dedicated freighter aircraft on the Johannesburg route. The Boeing 747-800 freighter combined with the additional passenger services the airline will introduce in March will increase cargo capacity on the route by 130 tonnes a week.

December 2010
As a result of an ongoing Class Action Suit in the U.S.A., airlines who had previously published a Jet Fuel Index have now removed these from their websites. As a consequence, Freight Factors Limited, is unable to post further information in this regard.

September 2010
Statement on fuel surcharge (07/09/2010)
Current fuel surcharge: GBP0.49 / USD0.75 / EUR0.67 or local currency equivalent. British Airways Cargo reserves the right to amend the fuel surcharge at any time and without notice at our discretion, or where required by local government or legislative bodies.

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