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DHL Express to raise rates for HK and Macau by 4.9pc
Wednesday, 03 October 2018 02:41

IN its annual general average price increase that is to be implemented from January 1, 2019, DHL Express has announced that that the average shipment price hike in Hong Kong and Macau will be 4.9 per cent.

"DHL Express has been investing significantly in its international network to meet highest expectations and to offer an even better service to customers globally", said senior vice president, DHL Express Hong Kong & Macau, Herbert Vongpusanachai, in a company statement.

"The annual price adjustment allows us to further strengthen our infrastructure, ensuring best-in-class customer solutions by using innovative technologies and individual delivery processes. Particularly in the last few weeks and months, we focused on investing in hub expansions and new gateways in many markets and thereby boosted our shipment processing capacities per hour and reduced our transit times.

"We are always working on upgrading our regional and intercontinental air fleets, we are opening new facilities with automated sorting technologies and introduce innovative e-commerce service solutions for our customer worldwide. At DHL Express, we will also carry on doing everything we can to assure the highest security and sustainability standards to comply with the requirements of our customers, partners and transport authorities," said Mr Vongpusanachai.

DHL Express adjusts its prices annually, taking into account inflation, currency dynamics and other rising costs, such as expenses related to compliance with enhanced security regulations, in each of the 220 countries and territories that it serves.

 
MSC to introduce new fuel surcharge to pass on cost of low sulphur compliance
Monday, 01 October 2018 02:35

Mediterranean Shipping Co (MSC) has followed its alliance partner Maersk Line in announcing a new fuel surcharge from 1 January 2019 to take into account the additional cost of the IMO’s 0.5% global sulphur cap from the start of 2020.

MSC said that the measures the line would implement to meet the 0.5% sulphur regulation would cost it in excess of $2bn a year. To meet increased operating costs MSC will be introducing a new Global Fuel Surcharge from the start of next year which it said would help customers plan for the impact the fuel regime post-2020.

“The new MSC Global Fuel Surcharge will replace existing bunker surcharge mechanisms and will reflect a combination of fuel prices at bunkering ports around the world and specific line costs such as transit times, fuel efficiency and other trade-related factors,” the company said.

The 0.5% sulphur cap has been estimated to cost the container shipping industry $15bn annually from 2020, and CMA CGM estimates it will equate to an additional $160 per teu on average based on current conditions.

Last week Maersk, MSC’s partner in the 2M alliance, announced it would be introducing a new bunker adjustment factor from 1 January 2019 to pass on the additional costs of complying with the sulphur cap.

The announcement drew the ire of shipper and freight forwarder representative bodies, but as well as MSC most other major lines look set to follow with their own surcharge structures. CMA CGM, APL, Orient Overseas Container Line (OOCL) and Ocean Network Express (ONE) have all said the additional costs will have to be passed onto customers.

 
Guangzhou Port opens offices in Singapore to promote its Nansha terminal
Friday, 28 September 2018 04:04

THE opening of Guangzhou Port Singapore Representative Office is another milestone in the impressive development of Guangzhou Port Group, the company announced.

Capitalising on Singapore's unique position as a maritime hub, the new office will serve as a key strategic outpost and focus on the promotion and development of Nansha Port.

Present at the event were representatives from major carriers and shipping related industries in Singapore, their attendance only serves to prove the need and value for Guangzhou Port Group to establish a representative office in Singapore for Nansha Port, south of the city of Guangzhou.

"Singapore is an important strategic location for Guangzhou Port Group, in the future we will use this representative office to stay in closer contact to our clients and ensure that we provide the highest value services possible," said Guangzhou Port Group vice president Song Xiaoming.

Nansha Port is the main port within the Guangzhou Port area, with a total of 16 deep-water berths and total berth length of 5,718 metres spanning across the first, second and third phases.

In 2017, throughput was 13.94 million TEU, a year-on-year increase of 10.05 per cent, ranking Guangzhou the fourth biggest port in China and seventh in the world.

With over 94 international container services calling at Nansha Port including 35 Asia services, 22 Africa services, 15 Middle East/India services, 13 Europe services, eight America services and one Australia service.

Nansha phase four with four mega vessel berths currently under design and expected to be put into operation by 2020 at which point Nansha Port will have 20 deep-water berths.

 
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