According to Reuters, the tighten rules on ship’s sulphur emissions set by IMO from 1st January 2020, burden the profit outlook for Germany’s container shipping line “Hapag-Lloyd” for this year, after its successful year of 2019.
CargoSmart announced the successful completion of a proof-of-concept with eTradeConnect, of the new data exchange platform Global Shipping Business Network (GSBN). The engagement explored ways to enhance global trade through better collaboration among shippers, banks, terminal operators, and ocean carriers, with applications to be further developed once the GSBN is formed.
As the IMO’s 2020 Sulphur Cap is approaching, Hapag Lloyd is taking steps towards the ultimate compliance with the new regulations, introducing an IMO2020 Transition Charge (ITC) for short-term contracts as of 1 December 2019.
MSC Mediterranean Shipping Company has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on enhancing environmental performance on existing global trade routes.
Hapag Lloyd announced that they will use a fleet planning software to improve their fleet managing operations and make the workflows between the voyage control and execution easier to manage, improving the operations not only for the company, but for the customers as well.
Following the Yantian Express fire incident that Hapag Lloyd experienced in in early 2019, the company published a statement according to which they will implement a penalty of USD 15,000.00 per container, effective as from September 15, 2019.
Hapag-Lloyd announced its plan to boost its position in the Indian Ocean by launching a new service to connect the region to Northern Europe. The South-East-India – Europe Express service line will launch in October 2019.
Shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, Cosco Shipping Lines, Cosco Shipping Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group.
In line with an overall tendency to automation, German shipping company Hapag-Lloyd is currently testing robots onboard nine ships, to improve ship painting and shorten the docking time. The shipyard staff works by hand on the bulbous bow, below the bilge keels, at the propeller apertures, and on the flat bottom.
After the recent attacks in the Gulf of Oman, Hapag Lloyd announced that the operating costs for their services in the Middle East Gulf region have increased. The attacks shocked the shipping industry resulting to CMA CGM also increasing its insurance costs in the area and implementing a War Risk Surcharge.
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