Name: Damco CEO Expects a Soft Market, Idled Ship Capacity in 2012 (Video)
Uploaded: Nov 1, 2011, 2:51 PM EDT

Rolf Habben-Jansen, CEO of Damco International in Denmark, discusses whether he thinks ship capacity will be withdrawn in 2012 and how that may affect the industry. He also gives his thoughts on the possibility of manufacturing jobs moving in bulk from China to the U.S. during TPM Asia in Shenzhen. TPM Asia Videos [Editorial note: image removed/no longer available] POHA's Moseley Talks Panama Canal Progress, Port Challenges in 2012 [Editorial note: image removed/no longer available] Jefferies' Leung on Shipping Prospects for 2012 [Editorial note: image removed/no longer available] TSA's Conrad Asseses the Peak Season, Capacity Directions

<div class="phx-topic abstract-wrapper"><p>Global jet fuel prices have almost doubled since the Middle East war began on Feb. 28, piling additional expenses onto an operating component that before the conflict was already more than 30% of total costs.</p></div>

Global jet fuel prices have almost doubled since the Middle East war began on Feb. 28, piling additional expenses onto an operating component that before the conflict was already more than 30% of total costs.

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Rising jet fuel costs challenging freighter viability as war enters second month

<div class="phx-topic abstract-wrapper"><p>An estimated 30% of Asia-Europe air cargo is routed via the Middle East, so the sudden closure of airspace in the Persian Gulf has left forwarders scrambling for capacity on freighters and passenger aircraft out of Asia. </p></div>

An estimated 30% of Asia-Europe air cargo is routed via the Middle East, so the sudden closure of airspace in the Persian Gulf has left forwarders scrambling for capacity on freighters and passenger aircraft out of Asia.

Demand for direct Asia-Europe air cargo fills rerouted Middle East flights

<div class="phx-topic abstract-wrapper"><p>An estimated 30% of Asia-Europe air cargo capacity is routed via the Middle East, and with options through the region severely constrained by the US-Iran war, a rush for Asia-Europe air cargo capacity is pushing up prices. </p></div>

An estimated 30% of Asia-Europe air cargo capacity is routed via the Middle East, and with options through the region severely constrained by the US-Iran war, a rush for Asia-Europe air cargo capacity is pushing up prices.

Asia-Europe air cargo space tightens as rates, fuel surcharges soar

<div class="phx-topic abstract-wrapper"><p>Truck-air solutions are also taking off with rising interest from shippers as the Middle East war removes the popular sea-air services via Jebel Ali in the UAE as a viable option. </p></div>

Truck-air solutions are also taking off with rising interest from shippers as the Middle East war removes the popular sea-air services via Jebel Ali in the UAE as a viable option.

As war rages, multimodal demand surges on Asia-Europe landbridge

<div class="phx-topic abstract-wrapper"><p>Tobias Meyer said companies are starting to consider offloading Asia export cargo at ports in the Indian subcontinent for eventual onward shipment into the Gulf region, but it has not yet emerged as a trend.</p></div>

Tobias Meyer said companies are starting to consider offloading Asia export cargo at ports in the Indian subcontinent for eventual onward shipment into the Gulf region, but it has not yet emerged as a trend.

Middle East transshipment options to emerge in the coming days: DHL CEO

<div class="phx-topic abstract-wrapper"><p>The departure of the Montreal Port Authority CEO comes just as development work begins on a new US$1.15 billion container terminal.</p></div>

The departure of the Montreal Port Authority CEO comes just as development work begins on a new US$1.15 billion container terminal.

Montreal Port chief Gascon exits abruptly after two-year tenure

<div class="phx-topic abstract-wrapper"><p>The port’s chief executive said his agency will do more to attract large retail BCOs to reverse lost market share, while also investing in non-container projects. </p></div>

The port’s chief executive said his agency will do more to attract large retail BCOs to reverse lost market share, while also investing in non-container projects.

Charleston looking for retailer shippers to revive port’s growth

<div class="phx-topic abstract-wrapper"><p>The unanimous decision prevents the carrier from immediately implementing the fee, which is meant to help recoup fuel costs on US trades that have been driven higher due to the war with Iran.</p></div>

The unanimous decision prevents the carrier from immediately implementing the fee, which is meant to help recoup fuel costs on US trades that have been driven higher due to the war with Iran.

FMC again rejects Maersk petition to waive notice period for emergency fuel surcharge

<div class="phx-topic abstract-wrapper"><p>The <i>CMA CGM Kribi</i> successfully transited the strait late Thursday, the first passage for a Western-operated container ship since the war between the US/Israel and Iran disrupted access to the crucial waterway five weeks ago.</p></div>

The CMA CGM Kribi successfully transited the strait late Thursday, the first passage for a Western-operated container ship since the war between the US/Israel and Iran disrupted access to the crucial waterway five weeks ago.

CMA CGM said to have deal with Iran to allow safe passage through Hormuz: sources

<div class="phx-topic abstract-wrapper"><p>The announcement comes as the Singapore-based regional carrier outlined a strategic restructuring of its overall operations, including scaling down trade coverage across its key intra-Asia trade territories.</p></div>

The announcement comes as the Singapore-based regional carrier outlined a strategic restructuring of its overall operations, including scaling down trade coverage across its key intra-Asia trade territories.

SeaLead warns of network disruptions in Persian Gulf war zone

<div class="phx-topic abstract-wrapper"><p>The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.</p></div>

The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.

Maersk again asks FMC to waive 30-day review period for emergency fuel surcharge

<div class="phx-topic abstract-wrapper"><p>The World Shipping Council argued unsuccessfully that a section of OSRA-22 aimed at US exports was an overreach by the country’s maritime regulator. </p></div>

The World Shipping Council argued unsuccessfully that a section of OSRA-22 aimed at US exports was an overreach by the country’s maritime regulator.

Appeals court upholds FMC rules on carrier refusal-to-deal, export policies

<div class="phx-topic abstract-wrapper"><p>Forcing liners to wait for the 30-day notice period to end before implementing war-related surcharges reflects a multi-year ascendency of shipper influence in Washington and the corresponding decline in carrier heft, writes Peter Tirschwell.</p></div>

Forcing liners to wait for the 30-day notice period to end before implementing war-related surcharges reflects a multi-year ascendency of shipper influence in Washington and the corresponding decline in carrier heft, writes Peter Tirschwell.

FMC rejection of carriers’ surcharge waiver shows shift in US shipping politics

<div class="phx-topic abstract-wrapper"><p>Agency Chairman Laura DiBella said the “intensified inspections” of the vessels appear to be retaliation for Panama canceling the port concessions held at Balboa and Cristóbal by a subsidiary of Hong Kong-based Hutchison.   </p></div>

Agency Chairman Laura DiBella said the “intensified inspections” of the vessels appear to be retaliation for Panama canceling the port concessions held at Balboa and Cristóbal by a subsidiary of Hong Kong-based Hutchison.

FMC ‘monitoring’ recent detention of Panama-flag ships at Chinese ports

<div class="phx-topic abstract-wrapper"><p>While the price of fuel has historically served as a tailwind for modal conversion, in and of itself, it is insufficient to guarantee success, writes Ted Prince.</p></div>

While the price of fuel has historically served as a tailwind for modal conversion, in and of itself, it is insufficient to guarantee success, writes Ted Prince.

Jump in diesel prices alone not enough to boost intermodal fortunes – analyst

<div class="phx-topic abstract-wrapper"><p>The agreement is the first of its kind between rail freight companies in Rotterdam is and part of ongoing efforts to share information across the busy multimodal network at Europe’s largest port</p></div>

The agreement is the first of its kind between rail freight companies in Rotterdam is and part of ongoing efforts to share information across the busy multimodal network at Europe’s largest port

Rotterdam rail operators ink deal to tackle delays, reliability

<div class="phx-topic abstract-wrapper"><p>The Omani port operated by APM Terminals is one of the alternative container drop-off points in the region being used by ocean carriers unable to pass through the Strait of Hormuz. </p></div>

The Omani port operated by APM Terminals is one of the alternative container drop-off points in the region being used by ocean carriers unable to pass through the Strait of Hormuz.

Drone strike closes key Middle East transit hub of Salalah

<div class="phx-topic abstract-wrapper"><p>The American Trucking Associations’ February truck tonnage report showed a 2.6% month-over-month increase, making it the largest sequential gain in three years.</p></div>

The American Trucking Associations’ February truck tonnage report showed a 2.6% month-over-month increase, making it the largest sequential gain in three years.

Diesel shock puts floor under trucking rates as demand shows some life

<div class="phx-topic abstract-wrapper"><p>The Iran-driven fuel spike has created the widest intermodal cost advantage in years, but capturing it — and keeping it — requires something railroads have rarely practiced: orchestrated intermodal, writes Paul Tonsager.</p></div>

The Iran-driven fuel spike has created the widest intermodal cost advantage in years, but capturing it — and keeping it — requires something railroads have rarely practiced: orchestrated intermodal, writes Paul Tonsager.

War hands railroads the ‘gift’ of higher diesel prices

<div class="phx-topic abstract-wrapper"><p>Asia-Europe shippers should expect ongoing congestion at European ports, as structural vulnerabilities make delays a lasting reality.</p></div>

Asia-Europe shippers should expect ongoing congestion at European ports, as structural vulnerabilities make delays a lasting reality.

<div class="phx-topic"><p>Port congestion in Europe is no longer a temporary issue and must be integrated into shipment planning for cargo moving between Asia and Europe. Years of under-investment have left European ports with minimal buffer capacity, making them especially vulnerable to volume surges, seasonal peaks, disruptions, and their complex network of feeder and multimodal connections.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6392510119112"></dynamic-object></div></div>

Port congestion in Europe is no longer a temporary issue and must be integrated into shipment planning for cargo moving between Asia and Europe. Years of under-investment have left European ports with minimal buffer capacity, making them especially vulnerable to volume surges, seasonal peaks, disruptions, and their complex network of feeder and multimodal connections.

European Port Congestion Becomes Persistent Challenge for Asia-Europe Trade

<div class="phx-topic abstract-wrapper"><p>Jeff Bellerud, chief commercial officer at The Northwest Seaport Alliance, discusses three key performance indicators, the role of collaboration as a competitive advantage and implementing shore power by 2040 to support a zero-emissions future.</p></div>

Jeff Bellerud, chief commercial officer at The Northwest Seaport Alliance, discusses three key performance indicators, the role of collaboration as a competitive advantage and implementing shore power by 2040 to support a zero-emissions future.

<div class="phx-topic"><p>Amid a challenging year on the West Coast, ports are homing in on exceptional service and innovative programs to capture discretionary cargo from Canadian ports. Jeff Bellerud, chief commercial officer at The Northwest Seaport Alliance, discusses three key performance indicators, the role of collaboration as a competitive advantage and implementing shore power by 2040 to support a zero-emissions future.</p><p><i>TPM26, Long Beach, California</i></p><p><b>Sponsored by The Northwest Seaport Alliance</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6392457564112"></dynamic-object></div></div>

Amid a challenging year on the West Coast, ports are homing in on exceptional service and innovative programs to capture discretionary cargo from Canadian ports. Jeff Bellerud, chief commercial officer at The Northwest Seaport Alliance, discusses three key performance indicators, the role of collaboration as a competitive advantage and implementing shore power by 2040 to support a zero-emissions future. TPM26, Long Beach, California Sponsored by The Northwest Seaport Alliance

Zeroing in on service

<div class="phx-topic abstract-wrapper"><p>Michael Aldwell, executive vice president, global sea logistics, and board member at Kuehne+Nagel, explains how companies can prepare by securing the right partners and assets, leveraging technology for real-time visibility, and adopting strategies to manage Olympic-related disruptions, as well as the impact of acquiring IMC Logistics.  </p></div>

Michael Aldwell, executive vice president, global sea logistics, and board member at Kuehne+Nagel, explains how companies can prepare by securing the right partners and assets, leveraging technology for real-time visibility, and adopting strategies to manage Olympic-related disruptions, as well as the impact of acquiring IMC Logistics.  

<div class="phx-topic"><p>The closure of Los Angeles’ Vincent Thomas Bridge, compounded by the city hosting the Olympic Games in 2028, is set to significantly alter traffic patterns for shippers moving cargo into and out of Southern California. Michael Aldwell, executive vice president, global sea logistics, and board member at Kuehne+Nagel, explains how companies can prepare by securing the right partners and assets, leveraging technology for real-time visibility, and adopting strategies to manage Olympic-related disruptions, as well as the impact of acquiring IMC Logistics.  </p><p><i>TPM26, Long Beach, California</i></p><p><b>Sponsored by Kuehne+Nagel</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6392460830112"></dynamic-object></div></div>

The closure of Los Angeles’ Vincent Thomas Bridge, compounded by the city hosting the Olympic Games in 2028, is set to significantly alter traffic patterns for shippers moving cargo into and out of Southern California. Michael Aldwell, executive vice president, global sea logistics, and board member at Kuehne+Nagel, explains how companies can prepare by securing the right partners and assets, leveraging technology for real-time visibility, and adopting strategies to manage Olympic-related disruptions, as well as the impact of acquiring IMC Logistics.   TPM26, Long Beach, California Sponsored by Kuehne+Nagel

Managing the SoCal cargo crunch

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Video

<div class="phx-topic abstract-wrapper"><p>Rolf Habben-Jansen, CEO of Damco International in Denmark, discusses whether he thinks ship capacity will be withdrawn in 2012 and how that may affect the industry.</p></div>

Rolf Habben-Jansen, CEO of Damco International in Denmark, discusses whether he thinks ship capacity will be withdrawn in 2012 and how that may affect the industry.

<div class="phx-topic"><p>Rolf Habben-Jansen, CEO of Damco International in Denmark, discusses whether he thinks ship capacity will be withdrawn in 2012 and how that may affect the industry. He also gives his thoughts on the possibility of manufacturing jobs moving in bulk from China to the U.S. during TPM Asia in Shenzhen. </p><p></p><p></p><p><b>TPM Asia Videos </b></p><p></p><p>[Editorial note: image removed/no longer available]</p><p><u>POHA's Moseley Talks Panama Canal Progress, Port Challenges in 2012 </u></p><p></p><p>[Editorial note: image removed/no longer available]</p><p><u>Jefferies' Leung on Shipping Prospects for 2012 </u></p><p></p><p>[Editorial note: image removed/no longer available]</p><p><u>TSA's Conrad Asseses the Peak Season, Capacity Directions</u></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="WNgKEmBvITQ?rel=0"></dynamic-object></div></div>

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