NYK FINED FOR PRICE FIXING IN SOUTH AFRICA

South Africa's competition watchdog has recommended Japanese shipping firm Nippon Yusen Kabushiki Kaisha Ltd (NYK) pay a 104 million rand ($8.5 million) penalty for price-fixing and collusion in the transport of cars.

The Competition Commission said on Tuesday NYK had admitted guilt and agreed to pay the fine after an investigation into collusion involving several shipping firms. The settlement followed the commission’s investigation into the activities of the shipping companies:
 

Mitsui O.S.K Lines;
Kawasaki Kisen Kaisha;
Compania Sud Americana de Vapores;
Hoegh Autoliners Holdings;
Wallenius Wilhelmsen Logistics;
Eukor Car Carriers;
and NYK.

"The Commission found that NYK colluded on 14 tenders with its competitors for the transportation of motor vehicles by sea," competition authorities said in a statement.

The ultimate decision rests with the Competition Tribunal, which in most cases backs deals approved by the commission. Rosalind Lake, a lawyer who represented NYK in the matter, said the company was not in a position to comment until the Tribunal had ruled on the settlement. The commission found that NYK colluded on 14 tenders with its competitors for the transport of motor vehicles by sea issued by several automotive manufacturers to and from South Africa including BMW, Toyota Motor Corporation, Nissan and Honda among others. The Commission’s investigation is continuing into the activities of the rest of the companies.

The commission said it was still pursuing its investigation into other shippers of motor vehicles, equipment and machinery to and from South Africa.

($1 = 12.2186 rand)

SHIPPING RATES FROM CHINA TO AFRICAN PORTS OF MOMBASA, DAR ES SALAAM, MOGADISHU

For Current rates, Please send an email:asline@africanshippingline.ae or africanshippingdubai@gmail.com

MOGADISHU PORT CONTAINER MOVEMENT

The Port of Mogadishu has a total storage space of 95,000 square meters with a Planned storage space capacity of 112450 square meters. So far the total covered storage space is close to 20,000 square meters and the total capacity of the container storage area is for 20,000 TEU...For More Info: Please Visit http://www.ashline.net/index.htm

MOGADISHU PORT CONTAINER MOVEMENT

The Port of Mogadishu has a total storage space of 95,000 square meters with a Planned storage space capacity of 112450 square meters. So far the total covered storage space is close to 20,000 square meters and the total capacity of the container storage area is for 20,000 TEU...For More Info: Please Visit http://www.ashline.net/index.htm

PROJECT CARGO SHIPMENT, BREAK - BULK & RORO FROM CHINA PORTS TO AFRICA

AFRICAN SHIPPING LINE - CHINA is now Your preferred Break Bulk, Project, OOG, Heavy lifts & RORO Logistics Solutions Provider.

Project Cargo From China to African Countries

We are loading secure Cargo in the form of break bulk , Project Cargo from China ports of Ningbo, Shanghai, Guangzhou, Qindao to African Countries (Mombasa, Dar Es Salaam, Djibouti, Mogadishu, Beira and Durban). For Project Cargo in China, Please send a short email to : info@ashline.net or africanshippingdubai@gmail.com

McCREADY LOGISTICS APPOINTED AS OUR CUSTOMS AGENT IN MOMBASA - KENYA

 AFRICA SHIPPING LINE - KENYA has appointed McCready's Logistics & Cargo as Their Nominated Customs Clearing Agents for Containers (Both Local and Transit as well as RoRo (Vehicles) and Project Cargo.

For More Info: Please send an email:

info@africanshippingline.com
info@ashline.net
africanshippingdubai@gmail.com

or Call Directly : +254 726 722 226

UASC ORDERS 2,000 REEFER CONTAINERS

Container shipping line United Arab Shipping Company (UASC) has ordered 2,000 new energy efficient reefer containers from Japan’s Daikin as part of the company’s expansion of its reefer services. The containers will feature Daikin’s latest LXE 10E model reefer unit, the ‘H’ model. These energy efficient solutions of the newest reefer containers will help to achieve a 50% reduction in power consumption compared to the earliest model introduced in 2001.

“This order for 2,000 units from Daikin will enable UASC to deliver the right level of accessibility, quality and efficiency for the carriage of frozen and chilled cargoes,” said Gareth Madsen, head of reefer management at UASC adding that “UASC will be placing more orders of reefer units this year,”  and that more details of the order will be announced once the plans are finalised.

With an average reefer container age of three years, UASC’s progressively expanding reefer fleet is one of the youngest in the industry. This ongoing investment will support the growth of the company’s existing services and enhance geographic access to the South American trades.

CSCL GLOBE AMONG $175 MILLIONS VESSELS PROJECT

In order to keep up with the frenetic growth of global shipping traffic—which has quadrupled over the past two decades alone—commercial cargo ships keep getting bigger. And the newest king of the containerships isn't one of Maersk's EEE titans, it's the CSCL Globe.

 

The existing cargo ship record holder, in terms of capacity, is the MV Maersk Maersk. It holds a whopping 18,000 TEU (twenty-foot equivalent unit) shipping containers and beat out the older, 16,020 TEU MV CMA CMG cargo ship for the title in 2013. 

The new CSCL Globe from Hyundai Heavy Industries, however, will eek out an additional 1,000 TEUs—19,000 TEU in all—once it's delivered to its new owner, China Shipping Container Lines (CSCL), in the coming weeks.

The CSCL Globe is the first of an upcoming fleet of four such $175 million vessels that the company plans to operate throughout the Pacific. The Globe measures more than 1,300 feet long, almost 200 feet wide, 98 feet deep, and weighs 183,800 tons. It's powered by a single 94,791 hp MAN B&W 12-cylinder diesel engine. That's not quite as powerful as the RTA96-C, but the Globe's engine incorporates an electronically-controlled throttle that takes the ship's relative speed and the prevailing ocean conditions into account to offer increased fuel efficiency rates. In fact, the Globe's engine burns 20 percent less fuel per TEU than a cargo ship roughly half its size, even when travelling at its 16 knot top speed.

JAPAN SHIPPING COMPANIES POST SOLID RESULTS

Japanese shipping companies Mitsui OSK Lines (MOL), K-Line and NYK Line have posted revenue increases in the six months from April to September, this year.

K-Line reported a 12 per cent growth in revenue to US$3.02bn; MOL saw a 7.8 per cent increase to US$3.53bn; and NYK saw a 12 per cent increase to US3.53bn in the first half of the 2015 financial year compared to the same period last year.

Despite increases in revenues, the shipping companies faced lower freight rates, congestions at ports and a shift towards larger ships on north-south routes causing an oversupply of smaller-sized vessels on other routes.

Vessel congestions at Asian ports was cited as one of the major challenges as well as the deployment of larger ships on North-South trade routes, particularly by MOL which said in a company statement that despite strong demand on its intra-Asian lines, vessel congestions at various ports in Asia led to a review of its operational plans.

NYK said that while its cargo volumes rose, its freight rates dropped “due to the delivery and deployment of ultra-large containers ships, mainly on European routes, which prompted a shift of older large vessels to other routes and cause a continued oversupply of vessels.”

Japan, Just Like China and Korea are now trading heavily with Africa and MENA (Middle East and North Africa) region and Trade includes Container Lines, Ro-Ro and Heavy Project Cargo.

CHINA'S SHANGHAI PORT NOW THE BUSIEST PORT IN THE WORLD

Shanghai Port has now been officially the Biggest port in the World as it overtook Singapore in World Port Ranking.

Shanghai port overtook the Port of Singapore to become the world's busiest container port. Shanghai's port handled 29.05 million TEUs, whereas Singapore's was a half million TEU's behind.

In 2013, Shanghai port set a historic record by handling over 33.6 million TEUs.

This comes as Africa's Port of Mombasa dropped from position 117 to 120 in world container ports ranking this year. The port experienced a drop in cargo volumes handled last year by 9,500 20-feet containers (TEUs) - having handled 894,000 TEUs compared to 903,000 TEUs handled in 2012. The downturn is attributed to political jitters last year, as there was an extended election period that created uncertainty among traders doing business through the facility.

China's Port of Shanghai maintained its grip as the top port, followed by Port of Singapore. Seven of the top 10 container ports are from China.

Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking

Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.

China's Port of Shangai maintained its grip as the top port, followed by Port of Singapore. Seven of the top 10 container ports are from China.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking

CHINA'S SHANGHAI PORT NOW THE BUSIEST PORT IN THE WORLD

Shanghai Port has now been officially the Biggest port in the World as it overtook Singapore in World Port Ranking.

Shanghai port overtook the Port of Singapore to become the world's busiest container port. Shanghai's port handled 29.05 million TEUs, whereas Singapore's was a half million TEU's behind.

In 2013, Shanghai port set a historic record by handling over 33.6 million TEUs.

This comes as Africa's Port of Mombasa dropped from position 117 to 120 in world container ports ranking this year. The port experienced a drop in cargo volumes handled last year by 9,500 20-feet containers (TEUs) - having handled 894,000 TEUs compared to 903,000 TEUs handled in 2012. The downturn is attributed to political jitters last year, as there was an extended election period that created uncertainty among traders doing business through the facility.

China's Port of Shanghai maintained its grip as the top port, followed by Port of Singapore. Seven of the top 10 container ports are from China.

Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking

Port analysts say there is a like hood that Mombasa Port could transact more volumes this year. Container traffic registered a growth rate of 11.5 per cent, reaching 463,807 TEUs compared to 415,948 TEUs registered during the same period last year. The growth is above the global average rate of eight per cent per year.

China's Port of Shangai maintained its grip as the top port, followed by Port of Singapore. Seven of the top 10 container ports are from China.
Read more at: http://www.standardmedia.co.ke/business/article/2000133463/mombasa-port-drops-to-position-120-in-global-ranking

AFRICA SHIPPING LINE CHINA CONTAINER OPERATION

Container traffic through Kenya’s biggest port grew 12.8 per cent in the first six months of this year. This is after the Government built new cargo handling facilities to shorten the turnaround time for ships. Overall cargo volumes handled by Mombasa Port grew from a slight drop last year largely due to anxiety in the run-up to the March 2013 elections. The port handled 11.9 million tonnes, up from 10.5 million tonnes handled over the same period in 2013. Import tonnage went up 11.7 per cent posting 10.06 million tonnes, compared to 8.99 million tonnes registered last year.

At the same time, exports increased by 13.9 per cent to hit 1.65 million tonnes against 1.45 million tonnes handled in 2013. “The first six months of this year have witnessed an overall positive performance compared to a similar period last year. We have gone through an intensive but very exciting half year at the Port,” Kenya Ports Authority (KPA) Managing Director Gichiri Ndua, said.

He spoke during the annual KPA Stakeholders’ Business Luncheon held at the Intercontinental Hotel, Nairobi last Wednesday. The Indian Ocean port of Mombasa is a bellwether for economic activity in the region as it handles imports for Uganda, Burundi, Rwanda, South Sudan, Democratic Republic of Congo and Somalia and exports of tea and coffee from the region.

According to Ndua, dwell time, which denotes the time it takes to clear cargo at the port, went down from 5.8 last year to 3.7 days, a 36 per cent improvement. In tandem, truck transit time, which refers to the time a truck takes from the port once it leaves the gates to the border at Busia or Malaba, went down from seven to four days, while vessel turnaround time was constant at 3.4 days. Neighbouring countries Container traffic grew by 11.5 per cent, reaching 463,807 TEUs (Twenty foot equivalent) compared to 415,948 TEUs registered during the same period in 2013, above the global average growth rate of eight per cent per annum. The volume of goods destined for neighbouring countries increased, rising by 9.6 per cent to 3.53 million tonnes after the opening of a new berth at the port in August last year. Uganda, which is Kenya’s biggest trading partner increased its usage of the port during the period under review. 

Ugandan cargo handled at the port grew 14.4 per cent to 2.72 million tonnes, up from 2.38 million tonnes registered for a comparable period in 2013. Rwanda recorded a 12.5 per cent growth to realise 110,540 tonnes, up from 98,240 tonnes in 2013. KPA Chairman Danson Mungatana stressed the importance of a properly established land and marine transport system as a prerequisite for economic growth. 

“It is clear that no success in the management of a full transport system can be achieved by any one party in isolation. Success calls for input from every player in the logistic chain and indeed from everyone in the entire social fabric,” Mungatana noted. Cabinet Secretary for Transport, Michael Kamau said a number of ongoing infrastructural projects to improve the port’s efficiency levels and capacity have kicked off.