TurkishMaritimeNews
Home FAQ RSS Links Site Map Contact Thursday, 24.May.2012, 15:14 (GMT+3)
All News
WORLD SHIPPING
SHIPPING NEWS
   » TURKISH STRAITS
   » ENERGY
      » Pipelines
   » CONTAINER
   » PORTS
   » CRUISE NEWS
   » PILOTAGE&TOWAGE
   » SAFETY&SECURITY
   » Environmental
   » Towage & Salvage
   » NAVY NEWS
   » Fishing
   » TANKERS
   » DRY BULK
ACCIDENTS
Hot News
SHIPBUILDING
MARKETS
LOGISTICS
DEMOLITION
IMO&EU NEWS
PIRACY
TURKISH PRESS REVIEW
SEA SPORTS
NEWS FROM TURKEY
   » Anatolian Agency
   » Hurriyet Daily News
   » HDAILYNEWS
LLOYD'S LIST
INSIGHT/OPINION
SHIPBROKER REPORTS
Poll
What will happen to container freight rates in 2011?
Increase.
Drop
Steady

 
WORLD SHIPPING

Forwarders need strong carrier relationships, warns leading forwarder
Thursday, 12.Jan.2012, 23:47 (GMT+3)

LONDON's SBS Worldwide Ltd, an air and ocean forwarder, has urged shippers to use logistics providers with strong relationships with shipping lines or they could find their shipments left on the quayside.
LONDON's SBS Worldwide Ltd, an air and ocean forwarder, has urged shippers to use logistics providers with strong relationships with shipping lines or they could find their shipments left on the quayside.

The warning comes as shipping lines have been withdrawing capacity because the industry has been suffering from over-supply of vessels on key trade lanes.

If shipping lines remove services in order to balance supply and demand, it results in a short term reduction in capacity, said SBS Worldwide group chairman Steve Walker in a company statement.

"When this occurs, shipping lines will leave containers behind - it tends to be those being transported on behalf of shippers with short-term supply and demand driven carrier relationships that suffer this fate," he said.

"The best way to avoid being affected by a situation like this is to make sure that your logistics provider has strong, long-term relationships with more than one reliable shipping line on any trade lanes where you require transport services."

There are already reports of some cargo being left behind as the result of a mini surge in cargo from China as companies attempt to export ahead of the closure of factories for the Chinese New Year celebrations, Mr Walker added.

The service withdrawals come as carriers have had a tough year. Record profits in 2010 turned to losses in 2011 because of overcapacity in the market.

To reverse the oversupply situation created in late 2009 to early 2010, carriers have laid up vessels, increasing month on month from November to December 2011 by 19.8 per cent caused by temporary withdrawals of services.


Read: 603 Times/102 Visitors Online

SBS Worldwide, forwarders,


Rating (Votes: 0)
Add your comment(Existing: 0)  Tell friend  Print

COMMENTS ( 0 Existing)

Other Articles:
Timbers ship Cooper to Red Bulls for draft pick - Major League Soccer (Thursday,12.01.2012)
Pirates attack Spanish navy ship off Somalia - Boston.com (Thursday,12.01.2012)
Turkey: Russian ship carrying arms reached Syria - Newsday (Thursday,12.01.2012)
Maersk says unable ship goods into Nigeria ports - Reuters (Thursday,12.01.2012)
Turkey says Russian ship allegedly carrying munitions reached Syria after ... - Washington Post (Thursday,12.01.2012)
Pentagon denies ship movements related to Iran - CBS News (Thursday,12.01.2012)
Time For Clipper Ship To Sail - NBA.com (blog) (Thursday,12.01.2012)
Drone helping Russian ship to deliver fuel to Alaska town - Fox News (Thursday,12.01.2012)
Nokia could ship 37M Windows Phones this year tip analysts - SlashGear (Thursday,12.01.2012)
Russian Ship Stopped Carrying Arms Bound For Syria - NPR (Thursday,12.01.2012)



Events
May 2012
Su Mo Tu We Th Fr Sa
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
 

News in Pictures


Salvage tug connecting to the tanker Shinyo Sawako in South China Sea.


Hot News
Australia: New Incat Crowther’s Catamaran Ferry Launched
Germany: GL, MAN – Study on Costs and Benefits of LNG as Ship Fuel
Italy: Costa Concordia Wreck Removal Plan Presented
UK: Goodchild Marine Delivers First High Speed Pilot Vessel
Christening Ceremony of Damen High Speed Support Vessel at Seawork 2012 (UK)
NYK turbocharger generates electricity from main engine waste energy
Signs of difficulties overcome at Vallarpadom ICTT box terminal
Safmarine welcomes new WAFMAX vessel
U.S. Navy Welcomes USS San Diego to Its Fleet
APL Receives US Coast Guard’s Award for Marine Environmental Protection

 
Archive Search