LATEST LOGISTICS AND FORWARDING NEWS

Transcription

1 LATEST LOGISTICS AND FORWARDING NEWS FRANCE - Air France increases its frequency to Malaysia - CMA CGM will apply a General Rate Increase - CMA CGM among the first shipping lines to comply with the new rules of the ports of California INDIA - Very high luxury villas between Rs 1.3 and Rs 1.5 billion each - A contract worth Rs 100 billion - Air India financial situation MADAGASCAR - Paperless clearing of goods as from the second semester of The production of vanilla is declining - SADC has lifted the suspension on Madagascar

2 MAURITIUS - Rs 3.09 billion worth of projects to be initiated by the Government of Mauritius - Extension of the collaboration between Air Mauritius and Air France - Flights between Turkey and Mauritius MOZAMBIQUE million US dollars invested at the port terminals of Pemba and Palma - About 672 million US dollars to be granted by the Japanese government - Regular power cuts at the port of Beira REUNION ISLAND million euros to be invested by Sidelec Reunion during the year A building for intensive care at St Denis - A commercial centre at Le Port OTHER PARTS OF THE WORLD - Shipping lines increase their freight rates from Asia to Europe - Hapag-Lloyd looks for a partner - COSCO Container Lines announces a General Rate Increase

3 LATEST LOGISTICS AND FORWARDING NEWS FRANCE Air France increases its frequency to Malaysia As from the 16 th June 2014, Air France will introduce an additional flight by Boeing between Paris-Charles de Gaulle airport and Kuala Lumpur (Malaysia), bringing the number of flights to four per week. The Air France plane will take off from Paris-Charles de Gaulle at 19:40 on Mondays, Thursdays, Saturdays and Sundays. It will land in Kuala Lumpur at 14:05 the following day. CMA CGM will apply a General Rate Increase The French shipping line CMA CGM will apply as from the 1 st March, a General Rate Increase on all dry cargo of US $ 200 on each 20 feet container, transported from India, Pakistan and Sri Lanka to the following destinations: North Europe, Scandinavia, Mediterranean Sea, Baltic, Black Sea, North Africa, Central America and Caribbean, South America. CMA CGM among the first shipping lines to comply with the new rules of the ports of California CMA CGM has complied with the new rules of the ports of California which require ships to use shore power while at berth. CMA CGM has adopted mobile container solutions. The new regulations will be enforced in June after a transitional period of six months.

4 INDIA Very high luxury villas between Rs 1.3 and Rs 1.5 billion each The company of the Tata Group, Tata Housing plans to develop 5 high luxury residential villas over a plot of land of 1.3 acre near Connaught Place in New Delhi. French and Italian architects will design the project. The selling price of a villa will turn between Rs 1.3 and Rs 1.5 billion (yes, you have well read, billion!). This will be a very premium, luxury project, once it s ready and would be for a very selective, discerning customer group, said Brotin Banerjee, Chief Executive Officer of Tata Housing to the press. A contract worth Rs 100 billion The defence department of India will purchase armoured and specialist vehicles for a value of Rs 100 billion over the next four years. The manufacturers Tata Motors, Mahindra & Mahindra and Asia Motor Works (AMW) have expressed their intention to participate in the bid for light armoured multipurpose vehicles for the army. Ashok Leyland will submit its tender for the supply of light specialist vehicles. The value of these two contracts will turn around Rs 40 billion. Moreover, the tenders for the supply of self-propelled air defence systems and heavy trucks for Pinaka multi-barrel rocket launchers, are estimated about Rs 60 billion. Air India financial situation The outstanding debt of Air India at the end of last year, stood at Rs 260 billion and its working capital loans exceeded Rs 21 billion.

5 MADAGASCAR Paperless clearing of goods as from the second semester of 2014 As from the second semester of 2014, the customs services of Madagascar plans to make all operations paperless when the laws governing electronic transactions will be implemented. Customs clearing procedures will be accelerated and the movement of goods facilitated. The director of the customs services of Madagascar has stated to the press that the delivery of air cargo will be done within 24 hours and that of maritime goods especially those classified under the yellow circuit, within 48 hours. The production of vanilla is declining The production of vanilla is decreasing from year to year. In 2011, tons were produced in Madagascar, in 2012, tons and last year, around 900 tons. Two main factors explain that trend namely bad farming practices and the low flowering percentage. Red vanilla which represents between 85% and 90% of the total production, is exported since February while the black vanilla will be exported as from the month of April. SADC has lifted the suspension on Madagascar Since the beginning of February, following the presidential elections and restoration of constitutional order in Madagascar, the SADC has lifted the suspension on Madagascar. Regional trade between Madagascar and the 14 other SADC member states will resume.

6 MAURITIUS Rs 3.09 billion worth of projects to be initiated by the Government of Mauritius The Project Plan Committee of the Government of Mauritius has recommended that 15 projects which will require a total investment of Rs 3.09 billion, be included in the Public Sector Investment Programme. These projects include the setting-up of an Emergency Alert System, the building of a Marine Park Visitors Centre at Balaclava, a market fair in the village of Chemin Grenier as well as Community Health Centres at Grand Baie, Trou d'eau Douce and Camp de Masque; sewerage projects in Quatre Bornes. Extension of the collaboration between Air Mauritius and Air France In addition to the code sharing agreement between the 2 airlines on the route between Paris-Charles de Gaulle airport and SSR International Airport in Mauritius, Air France will provide Air Mauritius with its expertise in the areas of commercial operations, revenue management, cost management, procurement, maintenance and cost reduction especially in terms of fuel savings. Furthermore, Air France has reaffirmed its commitment to provide its full support to Air Mauritius to join SkyTeam,a global alliance of 19 airlines. Flights between Turkey and Mauritius As from October 2014, Turkish Airlines will launch three to four weekly flights to connect Istanbul and Mauritius via Madagascar.

7 MOZAMBIQUE 150 million US dollars invested at the port terminals at Pemba and Palma The newly formed Ports of Cabo Delgado Company (PCD) belonging to two public owned companies (National Hydrocarbon Company and the Port and Railways Company), will make an initial investment of about 150 million US dollars on infrastructure for the development of logistics at the port terminals at Pemba and Palma. These will support the gas industry in the Cabo Delgado province. Moreover, in the area of Palma, a liquefied natural gas factory will be erected to process the gas extracted from the offshore fields of the Rovuma Basin. About 672 million US dollars to be granted by the Japanese government The Japanese government will grant 70 billion yen (about 672 million US dollars) to Mozambique, much in the form of loans, for its government to undertake during the next 5 years, development programmes especially in the fields of agriculture and infrastructure. The road network in the north of Mozambique will be improved with emphasis on the corridor between the port of Nacala and the border of Malawi. Regular power cuts at the port of Beira At the beginning of February, the port of Beira and other cities in the central part of Mozambique suffered regular power cuts due to problems with an electrical sub-station. The public electricity company had been importing some electricity from Zimbabwe but this proved to be insufficient to cover the needs.

8 REUNION ISLAND 12.4 million euros to be invested by Sidelec Reunion during the year 2014 The electrical power generating and distribution company Sidelec Reunion intends to invest 12.4 million euros during the year 2014 especially in electrical power systems and in the construction works for power lines. A building for intensive care at St Denis The CHU hospital group of Reunion island has signed a contract with the French agency for development, AFD to obtain a 25 million euros loan at preferential rate. It will be used for the setting of a building which will accommodate the intensive care units of Felix Guyon hospital in the capital of Reunion Island, St Denis. The intensive care building will focus on medico-surgical recovery, serious burn victims, intensive surgery, neurovascular facilities as well as laboratory facilities. A commercial centre at Le Port The Municipal council of the district of Le Port intends to acquire a portion of land covering a surface area of square metres to erect a commercial centre in the future.

9 OTHER PARTS OF THE WORLD Shipping lines increase their freight rates from Asia to Europe Since January, Hanjin Shipping has applied a rate restoration of US $ 500 per TEU on all its services from the Far East and Southeast Asia to North Europe and the Mediterranean. CMA CGM has introduced a peak-season surcharge of US $ 300 per TEU on all cargo moving from Asian ports to the North of Europe. Due to the strong seasonal demand, Maersk Line has also applied a surcharge of US $ 250 per TEU on its services from Asia to North Europe and the Mediterranean. On its part, the sea carrier Zim has brought a general rate restoration of US $ 450 per TEU on its freight tariffs from the Far East excluding India, to North Europe and the Mediterranean. Hapag-Lloyd looks for a partner Shipping line Hapag-Lloyd intends to partner with the container arm of the sea carrier of Chile, Compania Sud Americana de Vapores. The new company, if created, will be the fourth largest container line in the world, with a combined capacity of around 1 million TEU. COSCO Container Lines announces a General Rate Increase COSCO will apply a General Rate Increase of US $ 600 per TEU as from the 1 st March on all shipments from Far East to the West Coast of South America and Mexico.