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PostHeaderIcon Beating cancellation - over booking conundrum: APL says it has a new way

XXThe age-old debate about how to deal with overbooking and cancellations has resurfaced after many frustrated carriers have imposed cancellation fees, reported American Shipper.

Ameliorations have been tried to end the costly inconvenience, from a blockchain reservation system to a contract-based percentage fees hitting both shippers and carriers who default.

But do container no-shows induce carriers to overbook, or do carriers overbook to induce shippers to engage in multiple bookings that they then fail to cancel?

As APL sees it, a better way exists, that is, have the industry overcome this chronic misbehaviour and operate more efficiently.

Despite the cycle of fees, penalties and contracts, the no-shows versus rollovers - the problem festers to where APL will launch a special guaranteed service in early November.

But as American Shipper noted, previous efforts by Maersk to guarantee space for a price on specific routes proved unsuccessful.

Knowing this, APL's Mr Sartini is still confident, saying his new service will differentiate itself from rivals, paramount in an industry that is quickly commoditising itself in mega-alliances.

Said Mr Sartini: "We need to be more imaginative. This is what we are trying to do with our Eagle Guaranteed programme."

He admitted pricing was still a problem. "Many just want their cargo delivered at the best possible price. Then you have the shipper, who can gain a few days on the delivery time and is prepared to pay a premium. That is why we have expanded the Eagle programme, because we have seen from the market that there is a demand for this service.

"Of course, the guy who ships two containers won't be interested, because he doesn't need it. But for those customers with a sophisticated supply chain, we want to make sure there is a just-in-time delivery that they are prepared to pay for."

 

PostHeaderIcon Evergreen joins Cosco and Yang Ming to boost N Europe-Mediterranean service

The weekly Europe-Med Express (EMX) will deploy five ships of 4,250 TEU; one provided by Evergreen and YML respectively and the remaining three by Cosco, according to an Evergreen statement.

The first departure is from Rotterdam on November 27. The port rotation is: Rotterdam, Felixstowe, Hamburg, Antwerp, Casablanca, Piraeus, Alexandria, Haifa, Mersin, Piraeus, Casablanca, and Rotterdam.

The service allows Evergreen to provide a direct connection from northern Europe to the Mediterranean, particularly to and from Morocco, Turkey, Israel and Egypt.
It said: "This new service is being introduced in response to increased customer demand for a reliable service and demonstrates Evergreen's strong commitment to enhance efficiency on Europe-Med routes."

 

PostHeaderIcon Telephone Area Code Update

 

20 June 2017

Ho Chi Minh City Office - Telephone Area Code Update

Dear Valued Customer,

Please be informed that with effect from 17 June 2017, our office in Ho Chi Minh City have changed telephone

numbers following the decision of the Ministry of Information and Communications. 

Please see below our new telephone numbers. We appreciate if you could update these contact details accordingly.

Ho Chi Minh Office

 

Telephone

+84 28 35264344-35264347

 

Fax

+84 28 62905292


Thank you for your business and continued support.

Sincerely,

KHL LOGISTICS

 

 

PostHeaderIcon Asia-Mediterranean trade dropped

Asia-Mediterranean trade dropped 3.9 per cent to $949 per TEU, American Shipper reported.

Asia to the US west coast declined 7.9 per cent week over week to $1,432 per FEU while those to the east coast were off 5.3 per cent to $2,432 per FEU.

 

 

PostHeaderIcon SM Line Corporation snaps up box ship quintet from Hanjin Shipping

SM Line Corporation has acquired five 6,655 teu container ships that had been operated by Hanjin Shipping as it prepares to relaunch the liner's Asia-US and intra-Asia services.

SM Line Corporation has acquired Hanjin BremerhavenHanjin BudapestHanjin Port KelangHanjin Tianjin, and Hanjin Xiamen, according to shipbroking sources.

The vessels were built by Hyundai Heavy Industries in 2006 and were mortgaged to Hanjin Shipping’s banks when the liner collapsed.

SM Line Corporation has also purchased the 2009-built 4,253 teu Hammonia Pescara from Thomas Schulte Reederei and the 2007-built 1,118 teu Perla from Laeisz F Schiffahrts.

The company aims to launch its liner operations in April. It is in the process of securing P&I coverage for its vessels, according to sources.

South Korean daily Pulse has reported that SM Line Corporation could be prevented from starting operations in April by a lack of containers.

While SM Line Corporation reportedly considered taking over Hanjin Shipping’s containers, many have been seized by terminal operators over the line's alleged debts.

SM Line Corporation is now in discussions with container-leasing companies, according to a company official.

 
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