December 2011 Newsletter
In this issue:
Merry Xmas to all and looking forward to a Prosperous 2012
As the festive season and New Year approach us quickly ACA International and its staff wish all our customers, agents and suppliers a Merry Christmas and hope for a safe and prosperous New Year to everyone.
This year each of our offices will be closed on the following days during December and January:
Monday 26 December 2011 (Boxing Day holiday) – Australia, New Zealand and Hong Kong only;
Tuesday 27 December 2011 (alternate Christmas Day holiday) – Australia, New Zealand and Hong Kong only;
Monday 2 January 2012 (New Year’s holiday) – all offices;
Tuesday 3 January 2012 (New Year’s holiday) – New Zealand and China only;
Sunday 22 January to Saturday 28 January 2012 (Lunar New Year/Spring Festival) – China and Hong Kong only (Note: Hong Kong resumes 25 January 2012)
Thursday 26 January 2012 (Australia Day) – Australia only
MISC Announces its Exit from Container Shipping
On 24 November 2011 MISC Berhad (MISC) issued a statement through the local stock exchange, Bursa Malaysia, announcing its decision to exit the liner business (container shipping).
The Company's decision was also hastened by the present difficult operating conditions which have seen the liner business suffering a total financial loss of USD789 million over the past three years, impacting the overall financial performance of MISC. Thereby protecting their Liquefied Natural Gas (LNG) Shipping, Petroleum and Chemical Shipping, Tank Terminal businesses, Offshore Floating Facilities, Marine & Heavy Engineering businesses, Integrated Logistics businesses and Maritime Education & Training Centre which will continue to operate.
MISC said that after due consideration of operational and legal requirements, the Company anticipates cessation of the container shipping business to be by end June 2012.
There is little doubt MISC’s quitting the South East Asia region will have impact on capacity and rates. ACA International will fully understand the impact during 2012 and will monitor and report to our clients through this newsletter and personally where it impacts you directly.
Patricks and the MUA Have Agreed To a New 5 Year EBA
On 10 November 2012 Patrick announced it had reached an in principle agreement with the Maritime Union of Australia (MUA) in respect of a new enterprise agreement that will cover employees at its container terminals. Patrick has settled on a 5 year agreement, backdated to 1 October 2010, that balances the need for improved productivity and efficiency for customer service with a fair and sustainable outcome for 1200 Patrick employees covered by the agreement.
Japanese Mega Carrier under Consideration
A merger of the three Japanese carriers’ container operations is being considered as a potential strategic option in the face of consistently weak earnings in the sector. The consolidation of MOL, NYK and K Line’s liner fleets would create the world’s fourth-largest container carrier and give the combined Japanese mega-line a market share of 7.5%, compared to the three company’s individual shares of between 2.2% and 2.8%.
As evidenced by MISC’s announcement to quit container shipping the Japanese are not alone in experiencing underperforming container shipping assets and a combination of their liner shipping units would provide a stronger market position and enable significant cost savings from operational economies of scale and headcount reductions.
Further consolidation in the industry could be unavoidable as carriers continue to struggle to reach sufficient size in an increasingly competitive market.
If the merger of the J-3 was to proceed it would require a dismantling and reconfiguration of the partnerships and alliances servicing the Far East. The eventual impact on capacity and costs are unknown although rationalisation of the fleet will be a necessary by-product of such as merger.
American Airlines Files for Bankruptcy Protection
On 29 November 2001 the parent company of American Airlines, AMR Corporation, filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court. While restructuring they are operating normal flight schedules and continuing with planned purchases of 10 of the new Boeing 777-300ER jets the airline will acquire in the next two years in addition to 460 narrow-body planes that American ordered in July.
The airline, the third largest carrier in the US behind Continental and Delta, cited high labour costs and high fuel costs in a difficult market.
Both Continental and Delta had restructured themselves some time ago by using Chapter 11 bankruptcy protection. It is a method American companies use to give them protection from creditors while they re-organise their services, with major changes to staffing and routes most likely due for AA.
AADA Announce North East Asia to Australia Slack Season Programme
Members of the Asia Australia Discussion Agreement (AADA) (ANL, COSCO, CSCL, Hamburg Sud, Hanjin, Hapag-Lloyd, HMM, "K" Line, Maersk, MSC, MOL, NYK and OOCL) have announced that in order to optimise their service in the North East Asia to Australia trade during the coming month, they have decided to implement a slack season programme.
They announced that the purpose of the slack season programme is to stabilise the North East Asia to Australia trade and to avoid unnecessary waste and impact to the environment.
The programme will consist of a number of blank sailings and slot swaps and will run from early December 2011 to end of June 2012, reducing, on average, 15% of their capacity.
Specific details will be communicated once known.
Vessel Change - from OOCL Houston Voy. 044S to Northern Practise Voy. 6S
ANL/OOCL/CSCL have announced that vessel OOCL Houston V 044S has changed to the Northern Practise V 6S ex Hong Kong and Shekou as a result of vessel deployment by the vessel operator. South China load port has also changed from Shekou to Yantian.
Initial Schedule
| Original POL |
Original ETD |
CY RECEIVING (for general cargo only) |
Original CY CUTOFF |
Original SI CUTOFF |
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Shekou
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14 Dec 2011
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04 Dec 2011
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10 Dec 2011 – 1700hrs
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15 Dec 2011–1700 hrs
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Hong Kong
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15 Dec 2011
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05 Dec 2011
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11 Dec 2011 -- 2300hrs
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15 Dec 2011 - 1700 hrs
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Revised Schedule
| Revised POL |
Revised ETD |
CY RECEIVING (for general cargo only) |
Revised CY CUTOFF |
Revised SI CUTOFF |
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**Yantian**
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12 Dec 2011
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04 Dec 2011
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10 Dec 2011 – 1700hrs
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14 Dec 2011 – 1700 hrs
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Hong Kong
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11 Dec 2011
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03 Dec 2011
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09 Dec 2011 - 2300 hrs
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14 Dec 2011 - 1200 hrs
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General Rate Increase/Rate Restoration
We have been advised of the following General Rate Increase (GRI) and Rate Restoration (RR) will be applied in January:
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Consortium:
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Asia Australia Discussion Agreement (AADA)
(ANL, COSCO, CSCL, Hamburg Sud, Hanjin, Hapag-Lloyd, HMM, "K" Line, Maersk, MSC, MOL, NYK and OOCL)
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Trade Lane:
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North & East Asia to Australia
(China, Taiwan, Hong Kong, Macau, Japan, South Korea and the Philippines)
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 500.00 per 20’
USD 1,000.00 per 40’
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Consortium:
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AAX Trade
(ANL, APL, NYK, OOCL)
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Trade Lane:
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South East Asia, South
Asia, Indian Sub-Continent and Middle East Gulf to Australia
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 200.00 per 20’
USD 400.00 per 40’
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Shipping LIne:
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MSC
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Trade Lane:
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Thailand, Indonesia, Vietnam, Malaysia and Singapore to Australia
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 200.00 per 20’
USD 400.00 per 40’
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Bunker Surcharge
We have been advised of the following revisions to Bunker Adjustment Factors (BAF) will be applied in December and January:
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Shipping Lines:
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Hamburg-Sud
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Trade Lane:
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South East Asia to Australia
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Effective:
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Sailings from 1 December 2011
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Amount:
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USD 375.00 per 20’
USD 750.00 per 40’
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 400.00 per 20’
USD 800.00 per 40’
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Shipping Lines:
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CMA-CGA & Hapag-Loyd
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Trade Lane:
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AEU-1 (NEW NEMO) TRADE - Scandinavia, Europe & Mediterranean to/from AUS/NZ
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Effective:
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Sailings from 1 December 2011
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Amount:
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USD 791.00 per 20’
USD 1,582.00 per 40’
Plus RCS Additional (Reefer Consumption Surcharge)
USD 118.65 per 20’
USD 237.30 per 40’
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 820.00 per 20’
USD 1,640.00 per 40’
Plus RCS Additional (Reefer Consumption Surcharge)
USD 123.00 per 20’
USD 246.00 per 40’
|
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Shipping Lines:
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Asia Australia Discussion Agreement (AADA)
(ANL, COSCO, CSCL, Hamburg Sud, Hanjin, Hapag-Lloyd, HMM, "K" Line, Maersk, MSC, MOL, NYK and OOCL)
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Trade Lane:
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North & East Asia to and from Australia
(China, Taiwan, Hong Kong, Macau, Japan, South Korea and the Philippines)
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Effective:
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Sailings from 24 December 2011
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Amount:
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USD 625.00 per 20’
USD 1,250.00 per 40’
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Shipping Lines:
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AAX
(ANL, NYK & APL)
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Trade Lane:
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South East Asia And South Asia to Australia
(Singapore, Malaysia, Thailand, Indonesia, Vietnam and South Asia)
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Effective:
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Sailings from 1 October 2010
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Amount:
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USD 345.00 per 20’
USD 690.00 per 40’
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Emergency Fuel Adjustment Factor
An adjustment to the Emergency Fuel Adjustment Factor (EFAF) will be applied to all cargo moving to Australia/New Zealand from USA/Canada to the following:
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Shipping Lines:
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ANL, USL Lines, Hamburg Sud, Hapag-Loyd
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Trade Lane:
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USA/Canada to Australia, New Zealand, Fiji, Tahiti and Papua New Guinea
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Effective:
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Sailings from 15 December 2011
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Amount:
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USD 985.00 per 20’
USD 1,970.00 per 40’
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Carrier ISPS Surcharge
We have been advised of the following revision to the International Ship and Port Facility Security (ISPS) Surcharge will be applied in January:
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Shipping Lines:
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Hamburg Sud
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Trade Lane:
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All shipments ex Australia
|
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Effective:
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Sailings from I January 20121
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Amount:
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USD 11.00 per 20’
USD 11.00 per 40’
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Sydney Port Congestion Surcharge
As a result of additional costs incurred due to berth congestion and subsequent vessel delays at the port of Sydney, Hamburg Sud will be introducing a Port Congestion Surcharge of USD 65 per TEU effective for arrivals after 10 December 2012.
Alameda Corridor Surcharge
The flowing revisions to the Alameda Corridor Surcharge (ACS) for all 20’ & 40’ southbound containers transported by rail through the California ports of Los Angeles and Long Beach have been announced for January:
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Shipping Lines:
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APL Lines, Hamburg Sud
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Trade Lane:
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All transported by rail through the California ports of Los Angeles and Long Beach
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Effective:
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Sailings from 1 January 2012
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Amount:
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USD 22.00 per 20’
USD 43.00 per 40’
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Shipping Lines:
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US Lines, ANL
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Trade Lane:
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All transported by rail through the California ports of Los Angeles and Long Beach
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Effective:
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Sailings from 1 January 2012
|
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Amount:
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USD 21.00 per 20’
USD 42.00 per 40’
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