Month: August, 2019

August 29, 2019 Informative 263

What is Third-party Logistics 3PL?

Third-party logistics (abbreviated as 3PL, or TPL) in logistics and supply chain management is an organization’s use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.

Third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers’ needs, based on market conditions, to meet the demands and delivery service requirements for their products.

Often, services exceed logistics to include value-added services related to the production or procurement of goods, such as services that integrate parts of the supply chain.

A provider of such integrated services is referenced as a third-party supply chain management provider (3PSCM), or as a supply chain management service provider (SCMSP). 3PL targets particular functions within supply management, such as warehousing, transportation, or raw material provision.

 

August 29, 2019 Informative 319

What is an Ocean Transportation Intermediary (OTI)?

An ocean transportation intermediary (OTI) is a company that is licensed by the Federal Maritime Commission (FMC) to operate in the United States as an ocean freight forwarder, non-vessel operating common carrier (NVOCC), or both.

How to Apply for an OTI License. www.fmc.gov

 

What is an OTI Bond?

OTI bonds are required by the Federal Maritime Commission (FMC) from all ocean freight forwarders (OFFs) and non-vessel-operating common carriers (NVOCCs) who wish to become licensed as ocean transportation intermediaries (OTI) and operate in the United States.

The cost of your OTI bond depends on its bonding amount– whether it’s a $50,000, $75,000, $96,000, or $150,000 bond. When determining the rate or surety premium of a bond, sureties base it on the total bonding amount and make it a percentage thereof.

To determine your rate, sureties look at your personal credit score first and foremost, and at other financial and business-related items, such as your financial statements or industry experience.

If you have a high credit score and a solid business history you can expect to receive a standard market rate: from 1%-5% of the total amount of your bond. If your credit score isn’t that high, the surety will typically offer a rate that’s between 5%-10% of the bonding amount.

So, to obtain a NVOCC bond at standard rates for a licensed U.S. entity you would have to pay between $750 and $3,750.

For complete details visit Lance Surety Bonds website. www.suretybonds.org
Complete List of Registered OTIs / NVOCCs 2019 By FMC Records 364KB

 

August 29, 2019 General 204

Google is moving Pixel production from China to an old Nokia factory in Vietnampermalink

www.theverge.com

Chaim Gartenberg / Verge

Google is said to be starting by shifting some of the Pixel 3A’s manufacturing to the Vietnam plant, with the goal of moving production there before the end of this year. New products are still expected to be built in China for now, which likely will include the forthcoming Pixel 4. Google isn’t the only company eying Vietnam for phone production: an earlier Nikkei report notes that Apple may be looking to shift between 15 to 30 percent of iPhone production to Vietnam and India to avoid tariffs, too.

Honestly I had been skeptical of Vietnam’s production and infrastructure capabilities. But it seems like they can still produce / assemble high-end consumer electronics too. Along with Malaysia, Taiwan and India to avoid tariffs. However as the article noted, the next iteration of Pixel Phones 4, still to be built in China.

Further Reading
Lauly Li / asia.nikkei.com
Apple weighs 15%-30% capacity shift out of China amid trade war

Apple has asked its major suppliers to evaluate the cost implications of shifting 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain, the Nikkei Asian Review has learned.

 

August 26, 2019 Statistics 344

Top 50 Container Sea Ports 2014-2018

Yearly Volume in Million of TEUs.

Rank
Port
2018
2017
2016
2015
2014
1
Shanghai, China
42.01
40.23
37.13
36.54
35.29
2
Singapore
36.6
33.67
30.9
30.92
33.87
3
Shenzhen, China
27.74
25.21
23.97
24.2
24.03
4
Ningbo-Zhoushan, China
26.35
24.61
21.6
20.63
19.45
5
Guangzhou Harbor, China
21.87
20.37
18.85
17.22
16.16
6
Busan, South Korea
21.66
20.49
19.85
19.45
18.65
7
Hong Kong, S.A.R, China
19.6
20.76
19.81
20.07
22.23
8
Qingdao, China
18.26
18.3
18.01
17.47
16.62
9
Tianjin, China
16
15.07
14.49
14.11
14.05
10
Jebel Ali, Dubai, United Arab Emirates
14.95
15.37
15.73
15.6
15.25
11
Rotterdam, The Netherlands
14.51
13.73
12.38
12.23
12.3
12
Port Klang, Malaysia
12.32
13.73
13.2
11.89
10.95
13
Antwerp, Belgium
11.1
10.45
10.04
9.65
8.98
14
Kaohsiung, Taiwan, China
10.45
10.27
10.46
10.26
10.59
15
Xiamen, China
10
10.38
9.61
9.18
10.13
16
Dalian, China
9.77
9.7
9.61
9.45
10.13
17
Los Angeles, U.S.A
9.46
9.43
8.86
8.16
8.33
18
Tanjung Pelepas, Malaysia
8.96
8.38
8.28
9.1
8.5
19
Hamburg, Germany
8.73
8.86
8.91
8.82
9.73
20
Long Beach, U.S.A.
8.09
7.54
6.8
7.19
6.82
21
Laem Chabang, Thailand
8.07
7.78
7.22
6.82
6.58
22
Tanjung Priok, Jakarta, Indonesia
7.64
6.09
5.51
5.2
5.77
23
New York-New Jersey, U.S.A.
7.2
6.71
6.25
6.37
5.77
24
Colombo, Sri Lanka
7.05
6.21
5.73
5.19
4.91
25
Yingkou, China
6.5
6.28
6.08
5.92
5.77
26
Ho Chi Minh City, Vietnam
6.33
6.16
5.99
5.31
6.39
27
Bremen/Bremerhaven,Germany
5.42
5.51
5.49
5.48
5.78
28
Manila, Philippines
5.05
4.82
4.52
4.23
3.65
29
Jawarharlal Nehru Port (Nhava Sheva), India
5.05
4.83
4.51
4.49
4.45
30
Piraeus, Greece
4.91
4.15
3.73
3.37
3.59
31
Algeciras, Spain
4.77
4.39
4.76
4.52
4.56
32
Lianyunguang, China
4.75
4.72
4.7
5.01
5.01
33
Tokyo, Japan
4.57
4.5
4.25
34
Mundra, India
4.44
4.24
4.8
2.99
2.7
35
Savannah, U.S.A
4.35
4.05
3.64
3.74
3.35
36
Jeddah, Saudi Arabia
4.12
4.15
3.96
4.19
4.2
37
Santos, Brazil
4.12
3.85
3.6
3.78
3.68
38
Rizhao, China
4
3.24
3.01
39
Colon, Panama
3.89
3.89
3.26
3.58
3.29
40
Felixstowe, U.K.
3.85
4.3
4.1
4
3.74
41
Seattle-Tacoma NW Seaport Alliance, U.S.A.
3.8
3.7
3.62
3.53
3.43
42
Dongguan, China
3.5
3.91
3.64
43
Tanger Med, Morocco
3.47
3.31
2.96
44
Barcelona, Spain
3.42
2.97
2.23
45
Vancouver, Canada
3.4
3.25
2.92
46
Salalah, Oman
3.39
3.94
3.32
2.57
2.96
47
Fuzhou, China
3.34
3.01
2.66
48
Marsaxlokk, Malta
3.31
3.15
3.08
3.06
2.9
49
Nanjing, China
3.23
3.17
3.08
2.94
50
Cai Mep, Vietnam
3.2
3.07
2.56

Rank No. 1 Shanghai, China. 2014-2018 Volume in Millions of TEUs. We shall find out after the end of FY 2019, If Shanghai could maintain its volume increase YoY post the tradewar.

Top 10 Container Seaports in terms of Yearly Volume in Millions of TEUs from 2014-2018

 

Top 50 Container Seaports 2014-2018 57KB

Source: The Journal of Commerce annual Top 50 World Container Ports, Lloyd’s List annual Top 100 Ports, AAPA World Port Rankings, Drewry World Container Traffic Port Handling and individual port websites, American Journal of Transportation Top 100 ports.

August 20, 2019 Informative 243

EuroAirport Basel Mulhouse Freiburgpermalink

en.wikipedia.org

EuroAirport is one of the few airports in the world operated jointly by two countries, in this case France and Switzerland. It is governed by a 1949 international convention. The headquarters of the airport’s operations are located in Blotzheim, France. The airport is located completely on French soil; however, it has a Swiss customs area connected to Basel by a 2.5 km (1.6 mi) long customs road, thus allowing air travelers access into Switzerland bypassing French customs clearance. The airport is operated via a state treaty established in 1946 wherein the two countries (Switzerland and France) are granted access to the airport without any customs or other border restrictions. The airport’s board has 8 members each from France and Switzerland and two advisers from Germany.

This airport has three different IATA airport codes: BSL (Basel) is the Swiss code, MLH (Mulhouse) is the French code and EAP (EuroAirport) is the neutral code.

And It could possibly have four, if Germany had wanted to assign it of their own too. Normally all airports are assigned a single IATA airport code.

August 20, 2019 Informative 1,298

IATA 3-Letter Codes of Airports

Below is a comprehensive list of cities and airports throughout the world. In the list are many locations where you most likely enter a country. The list shows 3-letter location identifier codes predominantly for airports and some cities as well.
Continue…

August 17, 2019 Informative 2,351

Ocean Carrier SCAC Code List

Carrier Name (Abbreviated)
Carrier Name
SCAC code
ACL
Atlantic Container Line
ACLU
Alianca
Alianca
ANRM
AML
Alaska Marine Lines
AKMR
ANL
Australia National Line
ANNU
APL
American President Lines
APLU
Arkas
Arkas Container Transport S.A.
ARKU
ARRC
Atlantic Ro-Ro Carriers Inc
AROF
Bahri
Bahri / National Shipping Company of Saudi Arabia
NSAU
BCL
Bermuda Container Line
BCLU
CGL
Central Gulf Lines, Inc
CEGL
CCNI
Compagnia Chilena de Navigacion Interoceanica SA
CNIU
CHIPOLBROK
Chinese-Polish Joint Stock Shipping Company
CPJQ
CMA CGM
Compagnie Maritime d Affretement Compagnie Generale Maritime
CMDU
CNC Line
Cheng Lie Navigation Co.,Ltd
11DX
COSCO
COSCO Container Lines
COSU
Crowley
Crowley
CMCU/CAMN
CSAV
Compania Sud Americana de Vapores
CHIW
CSAV Norasia
CSAV Norasia
NSLU
CSCL
China Shipping Container Lines Co
CHNJ
Delmas
Delmas
DAAE
Dole
Dole Ocean Cargo Express
DOLQ
Ecuadorian Line
Ecuadorian Line
EQLI
Eimskip
Eimskip
EIMU/EIMW
Emirates
Emirates Shipping Line
ESPU
Eukor
Eukor
EUKO
Evergreen
Evergreen Line
EGLV
FESCO
Far Eastern Shipping Company
FESO
GAL
Galborg
GFAL
Grieg Star
Grieg Star Shipping
ACSU
Grimaldi
Grimaldi
GRIU
GSL
Gold Star Line Ltd.
GSLU
GWF
Great White Fleet
UBCU
GES
Great Eastern Shipping Inc.
GESC
HAMBURG SUD
Hamburg Sud
SUDU
Hapag Lloyd
Hapag Lloyd Container Line
HLCU
HMM
Hyundai Merchant Marine Co., Ltd.
HDMU
Hoegh
Hoegh Autoliners
HUAU
Horizon
Horizon Lines
HRZU
Hyde Shipping
Hyde Shipping
HYDU
ICL
Independent Container Line
IILU
IMC
Industrial Maritime Carriers (Intermarine)
IDMC
Interocean Lines
Interocean Lines
INOC
K Line
Kawasaki Kisen Kaisha, Ltd.
KKLU
King Ocean
King Ocean Services
KOSL
KMTC
Korea Marine Transport Co., Ltd.
KMTU
Libra
Companhia Libra de Navegacao
CLIB
LGL
Liberty Global Logistics, LLC
LGLT
Linea Messina
Linea Messina
LMCU
Maersk
Maersk Line
MAEU
Marfret
Marfret Compagnie Maritime
MFTU
Maruba
Maruba
MRUB
Matson
Matson
MATS
MCC
MCC Transport Pte. Ltd.
MCCQ
MISC
Malaysia International Shipping Corporation Berhad
MISC
MSC
Mediterranean Shipping Company
MSCU
NDS
Nile Dutch Africa Line
NIDU
Neptune
Neptune Shipping Line
NOSU
Nordana
Nordana Line
NODA
Ocean Network Express
Ocean Network Express (ONE Line)
ONEY
OOCL
Orient Overseas Container Line Ltd.
OOLU
PHT
Pasha Hawaii Transport Lines
PSHI
PIL
Pacific International Lines
PCIU
PMO
PM&O Lines
PMOL
PL
Polynesia Line
PLLU
Rickmers Line
Rickmers Linie
RCKI
Safmarine
Safmarine
SAFM
Sallaum
Sallaum Lines
SLAQ
SAM
Samskip, Inc.
SKII
SCI
The Shipping Coporation of India Ltd.
SCIU
Seaboard Marine
Seaboard Marine
SMLU
SeaFreight
SeaFreight Line
SEFN
Seago
Seago Line
SEJJ
Siem Car
Siem Car Carriers AS
SCYE
Sinokor
Sinokor Merchant Marine Co.,Ltd
SKLU
Swire
Swire Shipping
CHVW
TS
Thorco Shipping
THZS
TSC
TOHO Shipping Co., Ltd
TOHO
TOT
TOTE Maritime
TOTE
Turkon
Turkon Line Inc
TRKU
UAL
Universal Africa Lines
UALC
USL
US Lines
USLU
WEC
West European Container Lines
WECU
Westwood
Westwood Shipping Lines
WWSU
WHL
Wan Hai Lines
22AA
WLS
World Logistics Service (USA) Inc
WDLS
WWL
Wallenius Wilhelmsen Logistics
WLWH
YML
Yang Ming Line
YMLU
ZIM
ZIM Integrated Shipping Services Ltd
ZIMU

 

August 17, 2019 Statistics 307

Maersk Interim Report Q2 2019permalink

www.hellenicshippingnews.com

“Maersk delivers a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.4 bn in Q2 compared to the same quarter last year. Revenue grew slightly to USD 9.6bn, which is on par with last year, and the underlying profit increased to USD 134m from USD 15m in Q2 2018.”

Maersk Interim Report Q2 2019 3.2MB

 

Ocean (USD Million) Q2 2019 Vs Q2 2018
2019 2018
Revenue 7,150 6,952
EBITDA 1,068 856
CAPEX 314 549

August 17, 2019 Informative 223

British Ton vs US Ton vs Metric Ton (Tonne)

British Ton
US Ton
Metric Ton
2240 lbs
2000 lbs
1000 kgs

If the World of Metrics wasn’t already confusing enough for you, just look at below.

The British ton is the long ton, which is 2240 pounds, and the U.S. ton is the short ton which is 2000 pounds.

Both tons are actually defined in the same way. 1 ton is equal to 20 hundredweight. It is just the definition of the hundredweight that differs between countries. In the U.S. there are 100 pounds in the hundredweight, and in Britain there are 112 pounds in the hundredweight. This causes the actual weight of the ton to differ between countries.

To distinguish between the two tons, the smaller U.S. ton is called short, while the larger British ton is called long.

There is also an third type of ton called the metric ton, equal to 1000 kilograms, or approximately 2204 pounds. The metric ton is officially called tonne. The SI standard calls it tonne, but the U.S. Government recommends calling it metric ton.

August 16, 2019 Statistics 331

Top 35 Ocean Carriers 2019

In terms of number of teus and vessels operated by the carriers.

RANK
OPERATOR
TEU
SHIPS
1
APM-Maersk
3,524,325
714
2
Mediterranean Shipping Co (MSC)
3,086,793
515
3
COSCO Group
2,487,510
479
4
CMA CGM Group
1,799,358
507
5
Hapag-Lloyd
1,501,838
220
6
ONE (Ocean Network Express)
1,045,750
224
7
Evergreen Line
677,703
204
8
Yang Ming Marine Transport Corp.
585,078
103
9
PIL (Pacific Int. Line)
553,048
138
10
Hyundai M. M.
544,504
75
11
Zim
541,100
82
12
Wan Hai Lines
368,620
97
13
IRISL Group
367,249
50
14
KMTC
357,267
67
15
Antong Holdings (QASC)
341,746
115
16
X-Press Feeders Group
232,579
83
17
Zhonggu Logistics Corp.
160,427
98
18
SITC
125,468
83
19
SM Line Corp.
98,747
22
20
TS Lines
94,387
38
21
Arkas Line/EMES
93,769
43
22
Sinotrans
84,737
39
23
Sinokor
74,712
46
24
Salam PacificIndonesia Lines
71,408
53
25
Emirates Shipping Line
67,417
10
26
RCL (Regional Container Line)
66,199
30
27
Grimaldi (Napoli)
53,069
39
28
UniFeeder
52,221
41
29
Swire Shipping
51,549
26
30
Matson
46,274
24
31
Heung-A Shipping
46,227
37
32
Swire Shipping
43,746
29
33
Emirates Shipping Line
43,710
9
34
Matson
43,310
26
35
RCL (Regional Container Line)
42,416
23
Source alphaliner.axsmarine.com