Colombo International Maritime Conference- Sri Lanka 26.09.2015CINEC Campus
The document discusses the issue of empty container repositioning costs (ECRC) in the shipping industry. It notes that half of a container's lifetime is spent idle due to various factors. In 2002, ECRC globally accounted for $20 billion, and have remained stable at 18-22% of total costs between 1990-2011. One solution proposed is a virtual container inventory (VCI) system, where carriers pool their container fleets virtually while maintaining individual ownership. VCI could reduce ECRC by expanding each carrier's inventory beyond its existing capacity. While VCI seems theoretically possible given existing alliance agreements, its practical implementation faces challenges around trade imbalances, marketing disadvantages, legal implications, and additional costs that need to be evaluated
This document provides an overview of maritime transport and the shipping industry in Sri Lanka. It discusses key modes of transport and types of ships used for transporting different cargoes. It then focuses on Sri Lanka's role as a transhipment hub, describing how its location allows it to serve as a connection point between larger ships and smaller feeder vessels. It also outlines the major players involved in the shipping industry in Sri Lanka, including shipping lines, agents, exporters/importers, freight forwarders, and port terminals. It provides statistics on ship arrivals, cargo volumes, and top trading commodities at Sri Lankan ports.
The document discusses measuring and evaluating the performance and productivity of ports. It examines various factors that make analyzing port performance challenging, such as the large number of parameters involved, lack of reliable data, and local factors influencing results. The document focuses on defining common methodologies for measuring performance, specifically analyzing the duration of ships' stays in ports and the quality of cargo handling. It explores various key performance indicators used to evaluate efficiency related to issues like quay productivity, crane utilization, and ship turnaround times. The conclusion emphasizes the importance of developing a culture of performance measurement in ports using agreed-upon indicators to understand system performance and support decision-making.
The document discusses the financial pressures facing global container shipping lines from the worldwide recession. It proposes the "Grey Box" concept as a way for carrier groupings to reduce costs through collective review and pooling of equipment fleets, schedules, and other logistical elements. Initial targets for the Grey Box approach are the three main carrier alliances. The document outlines steps to implement Grey Box, including a logistical and financial audit of carriers. It estimates the approach could achieve savings of 10-15% through optimized equipment utilization and lower storage, maintenance, and repositioning costs. An example study that achieved a $22 million annual saving is cited. Fees for Grey Box implementation are outlined on a percentage of savings or fixed fee basis.
This document discusses issues and challenges facing India's port sector. It provides an overview of India's ports, including major ports regulated by the central government and non-major ports regulated by state governments. It notes that non-major ports have seen faster growth in cargo traffic in recent years. The document also compares India's port productivity and efficiency to global best practices, finding that Indian ports lag significantly in many areas such as turnaround times, quay productivity, and dwell times. It discusses the need for economic regulation of tariffs to protect port users while ensuring fair returns for operators.
The document discusses various factors to consider in port investment and financing decisions. It identifies key objectives such as economic efficiency, equity, and environmental quality. It also outlines approaches to evaluate investments, factors that influence decisions, and financial metrics to assess alternatives like internal rate of return, net present value, and payback period.
This document provides an overview of Irish Continental Group's Ferries and Container divisions for 2014. The Ferries Division operates routes between Ireland and UK/France and saw increases in passenger, car, and freight volumes in 2014. The Container Division transports goods between Ireland and Europe and experienced modest growth. Both divisions were profitable, with Ferries generating a higher operating profit. Fuel costs increased for the group. The company had an overall rise in turnover and profit in 2014.
Colombo International Maritime Conference- Sri Lanka 26.09.2015CINEC Campus
The document discusses the issue of empty container repositioning costs (ECRC) in the shipping industry. It notes that half of a container's lifetime is spent idle due to various factors. In 2002, ECRC globally accounted for $20 billion, and have remained stable at 18-22% of total costs between 1990-2011. One solution proposed is a virtual container inventory (VCI) system, where carriers pool their container fleets virtually while maintaining individual ownership. VCI could reduce ECRC by expanding each carrier's inventory beyond its existing capacity. While VCI seems theoretically possible given existing alliance agreements, its practical implementation faces challenges around trade imbalances, marketing disadvantages, legal implications, and additional costs that need to be evaluated
This document provides an overview of maritime transport and the shipping industry in Sri Lanka. It discusses key modes of transport and types of ships used for transporting different cargoes. It then focuses on Sri Lanka's role as a transhipment hub, describing how its location allows it to serve as a connection point between larger ships and smaller feeder vessels. It also outlines the major players involved in the shipping industry in Sri Lanka, including shipping lines, agents, exporters/importers, freight forwarders, and port terminals. It provides statistics on ship arrivals, cargo volumes, and top trading commodities at Sri Lankan ports.
The document discusses measuring and evaluating the performance and productivity of ports. It examines various factors that make analyzing port performance challenging, such as the large number of parameters involved, lack of reliable data, and local factors influencing results. The document focuses on defining common methodologies for measuring performance, specifically analyzing the duration of ships' stays in ports and the quality of cargo handling. It explores various key performance indicators used to evaluate efficiency related to issues like quay productivity, crane utilization, and ship turnaround times. The conclusion emphasizes the importance of developing a culture of performance measurement in ports using agreed-upon indicators to understand system performance and support decision-making.
The document discusses the financial pressures facing global container shipping lines from the worldwide recession. It proposes the "Grey Box" concept as a way for carrier groupings to reduce costs through collective review and pooling of equipment fleets, schedules, and other logistical elements. Initial targets for the Grey Box approach are the three main carrier alliances. The document outlines steps to implement Grey Box, including a logistical and financial audit of carriers. It estimates the approach could achieve savings of 10-15% through optimized equipment utilization and lower storage, maintenance, and repositioning costs. An example study that achieved a $22 million annual saving is cited. Fees for Grey Box implementation are outlined on a percentage of savings or fixed fee basis.
This document discusses issues and challenges facing India's port sector. It provides an overview of India's ports, including major ports regulated by the central government and non-major ports regulated by state governments. It notes that non-major ports have seen faster growth in cargo traffic in recent years. The document also compares India's port productivity and efficiency to global best practices, finding that Indian ports lag significantly in many areas such as turnaround times, quay productivity, and dwell times. It discusses the need for economic regulation of tariffs to protect port users while ensuring fair returns for operators.
The document discusses various factors to consider in port investment and financing decisions. It identifies key objectives such as economic efficiency, equity, and environmental quality. It also outlines approaches to evaluate investments, factors that influence decisions, and financial metrics to assess alternatives like internal rate of return, net present value, and payback period.
This document provides an overview of Irish Continental Group's Ferries and Container divisions for 2014. The Ferries Division operates routes between Ireland and UK/France and saw increases in passenger, car, and freight volumes in 2014. The Container Division transports goods between Ireland and Europe and experienced modest growth. Both divisions were profitable, with Ferries generating a higher operating profit. Fuel costs increased for the group. The company had an overall rise in turnover and profit in 2014.
Mitigating the Cost of Empty Container Re positioning through the Virtual Con...CINEC Campus
The document discusses the concept of a Virtual Container Yard (VCY) to help reduce the cost of empty container repositioning. Currently, empty container repositioning costs the shipping industry $20 billion annually. The VCY proposes that multiple carriers pool information on empty container stocks and allow carriers in deficit to borrow containers from carriers with excess. The document finds that this approach could potentially reduce empty repositioning costs by 19%. It also examines carriers' perceptions of such a concept and finds that while interchange is feasible, some container types may face barriers. It suggests raising awareness of the VCY approach and regulating container inventory management to encourage a more proactive, collaborative approach among carriers.
IMO 2020: Are you Ready?_TRANSPOREON Group_20190516Vivien Cheong
The Path Forward: Managing the Fuel Component of trans-Pacific 2019-2020 Contracting Cycle
Request a detailed explanation of how your carrier’s trade factors are calculated
Be able to validate the assumptions including ship size, speed and industrial utilization against industry benchmarks
Understand the timing for your carrier’s implementation of the new fuel formula. Will it go into effect in January 2020 or sooner?
Understand the impact for each carriers’ all-in-rate (ocean plus bunker) based on future changes in the fuel prices, both up and down.
Ensure contracts address failure to come to agreement on how future fuel surcharges will be dealt with as well as protection in place for space commitments and price from time of implementation until the end of contract.
Be prepared to offer your own fuel formula to carriers where there is a lack of clarify
Ensure your own formula is fair for both sides
Engage industry experts where needed to provide analytical support for validation and negotiations
Reward carriers that offer clarity and transparency with commitments for cargo
The document discusses collaboration in the container shipping industry, specifically regarding empty container repositioning. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. Historically, shipping lines formed conferences to jointly set prices and regulate capacity. More recently, alliances have allowed carriers to cooperate on vessel sharing and slot exchanges. The document analyzes statistics on empty container flows in and out of Sri Lanka, finding an opportunity to reduce costs through carrier collaboration on container exchanges. It proposes the creation of a "Virtual Container Pool" to facilitate exchanges between carriers while maintaining their independence. Forming such a pool could save an estimated $15.8 million per year in Sri Lanka by reducing empty container repositioning costs.
CASA Seminar-Sustainability through collaborationCINEC Campus
This document discusses collaboration in the container shipping industry, specifically regarding container inventory management. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. Historically, shipping lines formed conferences to jointly set prices and regulate capacity. While conferences have declined due to regulations, carrier alliances now control over 90% of cargo volumes on major trade routes. The document advocates that carriers could reduce the high costs of empty container repositioning through collaboration, such as a proposed "virtual container pool" where carriers of major alliances exchange empty containers virtually. Analysis of Sri Lankan container imbalance data estimates collaboration could save over $15 million per year in repositioning costs. The presentation of this concept at industry conferences is noted
The document discusses collaboration in the container shipping industry, specifically regarding container inventory management. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. It then discusses the historical development of collaboration in the form of liner conferences between shipping lines. More recently, major shipping lines have formed alliances that facilitate vessel sharing and equipment interchange. The document proposes that shipping lines could form a virtual container pool to help manage empty container repositioning at a lower cost. By collaboratively exchanging containers based on supply and demand imbalances between ports, the lines could save an estimated $15.8 million annually for Sri Lanka trade alone. It concludes by recommending increased industry awareness, research, and a software tool to help facilitate
Mitigating the Cost of Empty Container Re positioning through the Virtual Con...CINEC Campus
Empty container re positioning is a fundamental problem faced by the shipping industry. The virtual container yard is a novel strategy underpinning the container interchange between carriers that could substantially reduce this ever-increasing shipping cost. This paper evaluates the shipping industry perception of the virtual container yard using chi-square tests. It examines if the carriers perceive that the selected independent variables, namely culture, organization, decision, marketing, attitudes, legal, independent, complexity, and stakeholders of carriers, impact the efficiency and benefits of the virtual container yard. There are two major findings of the research. Firstly, carriers view that complexity, attitudes, and stakeholders may impact the effectiveness of container interchange and may influence the perceived benefits of the virtual container yard. Secondly, the three factors of legal, organization, and decision influence only the perceived benefits of the virtual container yard. Accordingly, the implementation of the virtual container yard will be influenced by six key factors, namely complexity, attitudes, stakeholders, legal, organization and decision. Since the virtual container yard could reduce overall shipping costs, it is vital to examine the carriers’ perception of this concept.
This document provides an overview of Logistic Integrators, an Indian logistics company. It discusses the company's vision, mission, products, and services. Some key points:
- Logistic Integrators aims to integrate the entire logistics and supply chain with precision while providing innovative solutions beyond boundaries.
- The company's products and services include air and sea export/import, with an emphasis on using technology like ERP software to improve efficiency.
- Located in Ahmedabad, Logistic Integrators has advantages of being in a major logistics hub and industrial area of Gujarat, with proximity to large industries.
The document summarizes efforts to improve the efficiency of cargo operations at the Port of New York and New Jersey to accommodate larger cargo ships. It discusses infrastructure upgrades like deepening harbors and raising bridges to allow bigger ships. It also outlines initiatives to enhance traffic management and labor hiring. Key projects include developing a chassis management system, truck reservation system, and performance metrics to help the port adapt to changes and ensure reliable operations.
The document provides an overview presentation about the Mace Group and their involvement in the London 2012 Olympics. It discusses:
1. An introduction to the Mace Group, a global construction firm.
2. An overview of the London 2012 Olympics, including the overall timeframe, organizational structure, and strategic themes around inclusion, employment, business opportunities, and community engagement.
3. Mace's roles in the Olympics, including as the Delivery Partner providing program and project management services for the site preparation, Olympic Park venues, and infrastructure projects.
4. Details on the legacy transformation program to convert the venues and infrastructure for post-Olympics use.
The Boston Consulting Group presented options for the Port of Los Angeles Clean Truck Program to the Los Angeles Board of Harbor Commissioners. The presentation analyzed three options: a basic plan that minimizes disruption; an enhanced plan with market incentives; and an enhanced plan with market incentives and employee commitment. The objectives of the Clean Truck Program are to reduce emissions, improve port operations and safety, while ensuring a stable drayage market and adequate driver supply and incomes. The presentation examined how different elements of the program, such as truck bans, cargo fees, and financing, would interact and impact drivers, clean truck supply, and the drayage market.
This document provides a literature review of the container market. It divides the container market into several important parts for analysis: containerization, globalization, port efficiency, container handling capacity, port investments, port competition, and market developments. The review examines trends in the container market since its introduction and analyzes whether the market follows a clear product lifecycle trend that could inform future forecasts. It concludes that the container market has seen minimal developments since its introduction and follows a normal product lifecycle trend.
The document discusses China's shipbuilding industry and efforts to reduce CO2 emissions from ships. It finds that overcapacity since 2008 has depressed orderbooks in China, resulting in South Korea recently surpassing China in ship deliveries measured by compensated gross tons. The enclosures provide details on China's marine fuel specifications, composition of domestic fuels, sulfur limits for emissions control, and plans to implement new emissions standards for new and in-use vessels through 2020. Trends show China's inland fleet is growing in deadweight tonnage and size while decreasing in numbers of ships as older vessels are decommissioned. Electrical propulsion is being adopted but data on Chinese adoptions was limited.
This presentation discusses Dorian LPG, a liquefied petroleum gas shipping company. It provides an overview of the company, including its fleet of 22 VLGC vessels with an average age of 4.1 years. It also discusses the Helios LPG Pool partnership between Dorian LPG and Phoenix Tankers. Finally, it covers topics like the global LPG market dynamics, increasing US exports and market share, evolving US trade flows, and future LPG expansion capacity.
This document outlines a presentation on imbalances in the shipbuilding industry, including:
1. The magnitude of excess shipyard capacity and vessel supply, with revised forecasts showing lower future requirements than capacity.
2. Characteristics of the concentrated and cyclical shipbuilding market that contribute to imbalances, such as structural overcapacity and the influence of shipping market cycles.
3. Potential policy measures to address imbalances, like temporary capacity reductions, but imbalances are expected to persist without strong actions or positive economic developments.
Keppel Corporation Presentation to Investors in Bangkok- September 2019KeppelCorporation
- The presentation provides an overview of Keppel Corporation's business divisions and strategies to investors. It focuses on solutions for sustainable urbanization across key areas like energy, urban living, environment, marine, connectivity, and asset management.
- Keppel aims to achieve a mid-to-long term return on equity of 15% through its business models of design-build, operate-maintain, stabilize-monetize across its divisions.
- In the first half of 2019, Keppel reported a net profit of S$356 million, down 39% from the previous year due to lower contributions from property sales.
Global Petroleum Corporation is facing challenges including decreased demand and revenues that are squeezing profit margins. To address this, GPC is pursuing cost reduction opportunities across procurement, vessels and shore base support. For vessels, GPC aims to optimize capacity utilization and rationalize vessel numbers. For shore bases, GPC will evaluate outsourcing options and implementing new software. The proposals estimate annual savings of 30% for vessels and 18% for shore bases. Risks include demand variability and supplier reliance, which GPC plans to mitigate through contracts and disaster preparedness.
Centrica implemented a simplified assurance process for decommissioning projects to address challenges from a changing regulatory environment and diverse asset portfolio. The new three-stage, two-gate process streamlines assurance activities and aligns internal and regulatory requirements. It facilitates early stakeholder engagement and regulatory interaction. Pilot projects applying this process achieved significant time and cost reductions, with pre-sanction costs lowered by around 30%. The simplified approach improves project delivery while maintaining assurance standards.
Global dynamics are changing the landscape of cargo flows due to two factors: growth in demand and changes in the nature of demand. Demand growth is slowing while volatility is increasing. Ship sizes are rapidly increasing, with ultra large container vessels dominating new orders and trade routes. This is changing cargo flows and challenging terminal operators with greater peaks and troughs in volumes and an increased need for transhipment capabilities. Terminals must improve performance to accommodate larger vessels while maintaining reliability, productivity and efficiency.
Enhancing role of women in Bangladesh’s freight transportCINEC Campus
United Nations Economic and Social Commission for Asia and the Pacific
National Consultation Workshop on Sustainable Freight Transport, Bangladesh 18 May 2022
Generally, Women have a harder time finding a job than men even if they want to work.
International Labour organization (ILO) reiterates that the women also should be given the freedom to work – by choice,
in conditions of dignity, safety and fairness – Because it is integral to human welfare.
Mitigating the Cost of Empty Container Re positioning through the Virtual Con...CINEC Campus
The document discusses the concept of a Virtual Container Yard (VCY) to help reduce the cost of empty container repositioning. Currently, empty container repositioning costs the shipping industry $20 billion annually. The VCY proposes that multiple carriers pool information on empty container stocks and allow carriers in deficit to borrow containers from carriers with excess. The document finds that this approach could potentially reduce empty repositioning costs by 19%. It also examines carriers' perceptions of such a concept and finds that while interchange is feasible, some container types may face barriers. It suggests raising awareness of the VCY approach and regulating container inventory management to encourage a more proactive, collaborative approach among carriers.
IMO 2020: Are you Ready?_TRANSPOREON Group_20190516Vivien Cheong
The Path Forward: Managing the Fuel Component of trans-Pacific 2019-2020 Contracting Cycle
Request a detailed explanation of how your carrier’s trade factors are calculated
Be able to validate the assumptions including ship size, speed and industrial utilization against industry benchmarks
Understand the timing for your carrier’s implementation of the new fuel formula. Will it go into effect in January 2020 or sooner?
Understand the impact for each carriers’ all-in-rate (ocean plus bunker) based on future changes in the fuel prices, both up and down.
Ensure contracts address failure to come to agreement on how future fuel surcharges will be dealt with as well as protection in place for space commitments and price from time of implementation until the end of contract.
Be prepared to offer your own fuel formula to carriers where there is a lack of clarify
Ensure your own formula is fair for both sides
Engage industry experts where needed to provide analytical support for validation and negotiations
Reward carriers that offer clarity and transparency with commitments for cargo
The document discusses collaboration in the container shipping industry, specifically regarding empty container repositioning. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. Historically, shipping lines formed conferences to jointly set prices and regulate capacity. More recently, alliances have allowed carriers to cooperate on vessel sharing and slot exchanges. The document analyzes statistics on empty container flows in and out of Sri Lanka, finding an opportunity to reduce costs through carrier collaboration on container exchanges. It proposes the creation of a "Virtual Container Pool" to facilitate exchanges between carriers while maintaining their independence. Forming such a pool could save an estimated $15.8 million per year in Sri Lanka by reducing empty container repositioning costs.
CASA Seminar-Sustainability through collaborationCINEC Campus
This document discusses collaboration in the container shipping industry, specifically regarding container inventory management. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. Historically, shipping lines formed conferences to jointly set prices and regulate capacity. While conferences have declined due to regulations, carrier alliances now control over 90% of cargo volumes on major trade routes. The document advocates that carriers could reduce the high costs of empty container repositioning through collaboration, such as a proposed "virtual container pool" where carriers of major alliances exchange empty containers virtually. Analysis of Sri Lankan container imbalance data estimates collaboration could save over $15 million per year in repositioning costs. The presentation of this concept at industry conferences is noted
The document discusses collaboration in the container shipping industry, specifically regarding container inventory management. It provides background on collaboration, noting that independent firms can achieve common goals through collaboration. It then discusses the historical development of collaboration in the form of liner conferences between shipping lines. More recently, major shipping lines have formed alliances that facilitate vessel sharing and equipment interchange. The document proposes that shipping lines could form a virtual container pool to help manage empty container repositioning at a lower cost. By collaboratively exchanging containers based on supply and demand imbalances between ports, the lines could save an estimated $15.8 million annually for Sri Lanka trade alone. It concludes by recommending increased industry awareness, research, and a software tool to help facilitate
Mitigating the Cost of Empty Container Re positioning through the Virtual Con...CINEC Campus
Empty container re positioning is a fundamental problem faced by the shipping industry. The virtual container yard is a novel strategy underpinning the container interchange between carriers that could substantially reduce this ever-increasing shipping cost. This paper evaluates the shipping industry perception of the virtual container yard using chi-square tests. It examines if the carriers perceive that the selected independent variables, namely culture, organization, decision, marketing, attitudes, legal, independent, complexity, and stakeholders of carriers, impact the efficiency and benefits of the virtual container yard. There are two major findings of the research. Firstly, carriers view that complexity, attitudes, and stakeholders may impact the effectiveness of container interchange and may influence the perceived benefits of the virtual container yard. Secondly, the three factors of legal, organization, and decision influence only the perceived benefits of the virtual container yard. Accordingly, the implementation of the virtual container yard will be influenced by six key factors, namely complexity, attitudes, stakeholders, legal, organization and decision. Since the virtual container yard could reduce overall shipping costs, it is vital to examine the carriers’ perception of this concept.
This document provides an overview of Logistic Integrators, an Indian logistics company. It discusses the company's vision, mission, products, and services. Some key points:
- Logistic Integrators aims to integrate the entire logistics and supply chain with precision while providing innovative solutions beyond boundaries.
- The company's products and services include air and sea export/import, with an emphasis on using technology like ERP software to improve efficiency.
- Located in Ahmedabad, Logistic Integrators has advantages of being in a major logistics hub and industrial area of Gujarat, with proximity to large industries.
The document summarizes efforts to improve the efficiency of cargo operations at the Port of New York and New Jersey to accommodate larger cargo ships. It discusses infrastructure upgrades like deepening harbors and raising bridges to allow bigger ships. It also outlines initiatives to enhance traffic management and labor hiring. Key projects include developing a chassis management system, truck reservation system, and performance metrics to help the port adapt to changes and ensure reliable operations.
The document provides an overview presentation about the Mace Group and their involvement in the London 2012 Olympics. It discusses:
1. An introduction to the Mace Group, a global construction firm.
2. An overview of the London 2012 Olympics, including the overall timeframe, organizational structure, and strategic themes around inclusion, employment, business opportunities, and community engagement.
3. Mace's roles in the Olympics, including as the Delivery Partner providing program and project management services for the site preparation, Olympic Park venues, and infrastructure projects.
4. Details on the legacy transformation program to convert the venues and infrastructure for post-Olympics use.
The Boston Consulting Group presented options for the Port of Los Angeles Clean Truck Program to the Los Angeles Board of Harbor Commissioners. The presentation analyzed three options: a basic plan that minimizes disruption; an enhanced plan with market incentives; and an enhanced plan with market incentives and employee commitment. The objectives of the Clean Truck Program are to reduce emissions, improve port operations and safety, while ensuring a stable drayage market and adequate driver supply and incomes. The presentation examined how different elements of the program, such as truck bans, cargo fees, and financing, would interact and impact drivers, clean truck supply, and the drayage market.
This document provides a literature review of the container market. It divides the container market into several important parts for analysis: containerization, globalization, port efficiency, container handling capacity, port investments, port competition, and market developments. The review examines trends in the container market since its introduction and analyzes whether the market follows a clear product lifecycle trend that could inform future forecasts. It concludes that the container market has seen minimal developments since its introduction and follows a normal product lifecycle trend.
The document discusses China's shipbuilding industry and efforts to reduce CO2 emissions from ships. It finds that overcapacity since 2008 has depressed orderbooks in China, resulting in South Korea recently surpassing China in ship deliveries measured by compensated gross tons. The enclosures provide details on China's marine fuel specifications, composition of domestic fuels, sulfur limits for emissions control, and plans to implement new emissions standards for new and in-use vessels through 2020. Trends show China's inland fleet is growing in deadweight tonnage and size while decreasing in numbers of ships as older vessels are decommissioned. Electrical propulsion is being adopted but data on Chinese adoptions was limited.
This presentation discusses Dorian LPG, a liquefied petroleum gas shipping company. It provides an overview of the company, including its fleet of 22 VLGC vessels with an average age of 4.1 years. It also discusses the Helios LPG Pool partnership between Dorian LPG and Phoenix Tankers. Finally, it covers topics like the global LPG market dynamics, increasing US exports and market share, evolving US trade flows, and future LPG expansion capacity.
This document outlines a presentation on imbalances in the shipbuilding industry, including:
1. The magnitude of excess shipyard capacity and vessel supply, with revised forecasts showing lower future requirements than capacity.
2. Characteristics of the concentrated and cyclical shipbuilding market that contribute to imbalances, such as structural overcapacity and the influence of shipping market cycles.
3. Potential policy measures to address imbalances, like temporary capacity reductions, but imbalances are expected to persist without strong actions or positive economic developments.
Keppel Corporation Presentation to Investors in Bangkok- September 2019KeppelCorporation
- The presentation provides an overview of Keppel Corporation's business divisions and strategies to investors. It focuses on solutions for sustainable urbanization across key areas like energy, urban living, environment, marine, connectivity, and asset management.
- Keppel aims to achieve a mid-to-long term return on equity of 15% through its business models of design-build, operate-maintain, stabilize-monetize across its divisions.
- In the first half of 2019, Keppel reported a net profit of S$356 million, down 39% from the previous year due to lower contributions from property sales.
Global Petroleum Corporation is facing challenges including decreased demand and revenues that are squeezing profit margins. To address this, GPC is pursuing cost reduction opportunities across procurement, vessels and shore base support. For vessels, GPC aims to optimize capacity utilization and rationalize vessel numbers. For shore bases, GPC will evaluate outsourcing options and implementing new software. The proposals estimate annual savings of 30% for vessels and 18% for shore bases. Risks include demand variability and supplier reliance, which GPC plans to mitigate through contracts and disaster preparedness.
Centrica implemented a simplified assurance process for decommissioning projects to address challenges from a changing regulatory environment and diverse asset portfolio. The new three-stage, two-gate process streamlines assurance activities and aligns internal and regulatory requirements. It facilitates early stakeholder engagement and regulatory interaction. Pilot projects applying this process achieved significant time and cost reductions, with pre-sanction costs lowered by around 30%. The simplified approach improves project delivery while maintaining assurance standards.
Global dynamics are changing the landscape of cargo flows due to two factors: growth in demand and changes in the nature of demand. Demand growth is slowing while volatility is increasing. Ship sizes are rapidly increasing, with ultra large container vessels dominating new orders and trade routes. This is changing cargo flows and challenging terminal operators with greater peaks and troughs in volumes and an increased need for transhipment capabilities. Terminals must improve performance to accommodate larger vessels while maintaining reliability, productivity and efficiency.
Similar to Container Interchange: the 6 R Model Approach (20)
Enhancing role of women in Bangladesh’s freight transportCINEC Campus
United Nations Economic and Social Commission for Asia and the Pacific
National Consultation Workshop on Sustainable Freight Transport, Bangladesh 18 May 2022
Generally, Women have a harder time finding a job than men even if they want to work.
International Labour organization (ILO) reiterates that the women also should be given the freedom to work – by choice,
in conditions of dignity, safety and fairness – Because it is integral to human welfare.
This document discusses a national strategy for sustainable freight transport in Sri Lanka that focuses on developing a digital logistics platform and increasing the role of railway and inland water transport. It also addresses capacity building challenges and promoting women's participation in the freight transportation sector.
IC NCAS ISSSH-2019 Factors Influencing Student's Choice of Academic Disciplin...CINEC Campus
This document contains the proceedings from the 2nd International Symposium on Social Sciences and Humanities held in Sri Lanka in 2019. It discusses a case study on the factors that influence students' choice of academic disciplines in tertiary education. Sixteen key factors were identified that influence students' choices, including employment prospects, social recognition, quality of teachers, cost, and industry trends. The rapidly changing job market and rise of non-state higher education institutions means students have more options but may not choose disciplines aligned with labor market demands, potentially exacerbating graduate underemployment and unemployment. Improving visibility and awareness of program options could help students make choices better suited to employment.
IC SLERC Rajarata 2017 A Contemporary Appraisal of Logistics Performance in...CINEC Campus
This document summarizes a study examining the influence of logistics competence on international trade in Sri Lanka. It discusses Sri Lanka's strategic geographic location and the growth of transhipment volumes handled at the port of Colombo. While infrastructure and international shipments rankings are poor in logistics performance indicators, Sri Lanka's higher education and training and labor market efficiency international rankings are also declining. The study argues for improvements in these areas to develop skilled logistics professionals and strengthen Sri Lanka's position in international trade.
ICME Japura 2017 The Shipping and Logistics Performance and Its Impact to The...CINEC Campus
Sri Lanka has strategic advantages for shipping and logistics due to its geographic location. However, to attract more foreign investment, Sri Lanka needs to improve its logistics performance as measured by international indexes. The World Bank analyzes countries based on six components of logistics performance: customs efficiency, infrastructure quality, shipping costs, logistics competence, tracking ability, and delivery timeliness. While Sri Lanka has seen increasing foreign investment in recent years, further reforms are still needed to strengthen the weakest links in its supply chains and boost national competitiveness through better logistics.
M CLD 2013 CINEC Faclitating the Hub Concept in Sri Lanka through Improved L...CINEC Campus
1) The document discusses Sri Lanka's logistics performance and its importance in facilitating the country's goal of becoming a naval, aviation, commercial, energy and knowledge hub in Asia. 2) Key factors that impact logistics performance are identified such as infrastructure quality, customs efficiency, and trade facilitation. 3) While Sri Lanka has made progress in certain areas like reducing time to export, challenges remain such as improving port infrastructure and modernizing customs administration to efficiently manage increasing trade volumes.
This document discusses factors that influence container inventory management strategies. It identifies 6 common container inventory strategies and explores 10 key factors that may impact how carriers manage their container inventories. These factors include the cost of empty containers, port handling costs, rental costs, storage costs, container idle time, and potential loss of revenue. The document reports on a study that identified 12 potential influencing factors and conducted a survey of 72 shipping industry professionals to determine which factors most impact carriers' container inventory management strategies. The goal is to help carriers reduce the high costs associated with empty container repositioning globally.
ICBM 2016 2 The Global Impact of Container Inventory Imbalance and the Factor...CINEC Campus
This document summarizes a paper presented at the 13th International Conference on Business Management in 2016. The paper explores the global impact of container inventory imbalance and the factors that influence container inventory management strategies. Container inventory imbalances have substantial pressure on global supply chains and are primarily attributed to global trade imbalances. The consequences of container fleet imbalances are ultimately borne by various players in international trade. Therefore, carriers need effective solutions to mitigate the global container inventory imbalance problem.
M CLD 2017 A Contemporary Appraisal of Logistics Performance in Sri Lanka.pdfCINEC Campus
This document summarizes a paper that analyzes Sri Lanka's logistics performance based on various international indexes. It finds that Sri Lanka ranks 86th globally and 3rd in South Asia on the Logistics Performance Index, and scores lower on infrastructure and international shipments compared to other regional economies. Sri Lanka also ranks lower on transport-related factors in the Global Competitiveness Index and has declined to a three-digit rank on ease of doing business. The paper concludes that innovations in logistics could help improve Sri Lanka's performance by lowering costs and making exports more competitive. It recommends reforms such as improving border management transparency, developing skills in new technologies, and introducing logistics education earlier in schools.
M CLD 2016 CINEC The IORA Foresight on Education and Training for Port Worker...CINEC Campus
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Container Interchange: the 6 R Model Approach
1. Container Interchange: the 6 R Model Approach
Lalith Edirisinghe CINEC Maritime Campus , Sri Lanka
Jin Zhihong Dalian Maritime University, China
A. W. Wijeratne Sabaragamuwa University, Sri Lanka
1
Presented by Lalith Edirisinghe
2018.04.10
4/8/2018 GOL International Conference 2018, Le Harve 1
2. • Introduction to container inventory
management
• Collaboration among carriers and container
interchange
• Conceptualizing the research
• Results, analysis, and discussions
• Introducing the 6 R Model
• Way forward………..
Discussion
topics
5. Container Inventory Management
• However, equality in number of containers
is not sufficient
• Right type and ‘right size’ of containers
• Containers at Right place at the right time
• Right quality of containers in the right
quantity
A balanced
inventory means,
Exporters’
demand = Laden
containers
imported
6. Collaboration among carriers and container
interchange
Multiple carriers pool themselves and ,
1. Share the information of present
and future empty container stocks
2. Offer the excess containers to those
who are deficit
3. Borrow containers from others who
are excess when in shortage
4/8/2018GOL International Conference 2018, Le Harve 6
7. Is this feasible?
• Slots and containers are complementary service components in
shipping
• If the “slots” can be shared between alliance partners why not
“containers” ?
• Slots-Intangible >> tangible
• Containers < tangible>
• Will carriers be interested……….
4/8/2018 GOL International Conference 2018, Le Harve 7
9. Alliance agreements provide provisions for equipment interchange
-Transpacific Trade for 2006 through 2010
4/8/2018 GOL International Conference 2018, Le Harve 9
Carrier World
ranking*
TEU* Share* Name of Alliance Agreement/s
NYK 12 501,856 2.7% The Grand Alliance II
OOCL 11 506,179 2.8% The Grand Alliance II
HL
6 746,057 4.1%
The Grand Alliance II
APL/HLAG Space Charter Agreement
APL 10 581,422 3.2% APL/HLAG Space Charter Agreement
KLine 17 359,865 2.0% COSCO/KL/YMUK/ HANJIN/Senator Worldwide Slot Allocation &
Sailing Agreement
YangMing 14 419,625 2.3%
Hanjin 8 591,946 3.2%
Cosco 5 799,851 4.3%
HYMM 15 384,924 2.1% HMM/MOL Space Charter Agreement
MOL 9 583,066 3.2%
CMA CGM
3 1,586,134 8.6%
CMA CGM/Maruba Cross Space Charter, Sailing And Cooperative
Working Agreement
CMA CGM/CSCL Cross Space Charter, Sailing And CWA-Central
China/US West Coast, Yang Tse/
Maruba NA NA NA CMA CGM/Maruba Cross Space Charter, Sailing And Cooperative
Working Agreement
China
Shipping 7 658,702 3.6%
CMA CGM/Maruba Cross Space Charter, Sailing And Cooperative
Working Agreement
CMA CGM/CSCL Cross Space Charter, Sailing And CWA-Central
China/US West Coast, Yang Tse/
Total 42.10%
*World ranking, Vessel Capacity in TEUs, and share as per 18 July 2014
Source: (alphaliner.com, 2014)
10. A Case study in Sri Lanka
4/8/2018 GOL International Conference 2018, Le Harve 10
Container
Type& Size
Imbalance
when Work
alone
Imbalance when
Collaborate
reduction of
empty reposition
Savings from
VCP USD
Saving as % of
reposition
cost
20'GP 158221 156285 1936 672,953.60 1.22
40'GP 10486 794 9692 5,506,025.20 92.43
40'HC 44586 27842 16744 9,512,266.40 37.55
45'HC 2155 101 2054 1,166,877.40 95.31
20'&40'RF 5975 4791 1184 672,630.40 19.82
Total 221423 189813 31610 17,530,753.00 19.29
1. Interchange is feasible
2. But some features of containers will have
barriers
11. Approach to the Solution
• Awareness in the shipping community about VCP
• Regulate the Container Inventory Management (CIM)
• Introduce tools and change the container controllers’ psychology
(reactive>>>proactive)
• Propose local authorities to measure CIM competence of carriers
• Propose international forums to link CIM competence with country
index (LPI, GCI, Doing business)
4/8/2018 GOL International Conference 2018, Le Harve 11
12. Conceptualizing the study
4/8/2018 GOL International Conference 2018, Le Harve 12
Type
GP HC FT FR FB OT RF
Size
20' 40' 45'
Quality
Quantity
Location Time
Exporters’ demand
Carriers’ ability to
supply
Imbalance
15. The relationships among the independent
variables
4/8/2018 GOL International Conference 2018, Le Harve 15
Variables Estimate S.E. T Statistic P
Quantity Location 0.823 0.158 5.222 0.000
Quantity Type 0.365 0.145 2.522 0.012
Quantity Quality 0.594 0.100 5.942 0.000
Quality Location -0.053 0.044 -1.220 0.223
Size Time 0.482 0.073 6.642 0.000
Size Quality -0.257 0.049 -5.214 0.000
Size Quantity -0.064 0.160 -.402 0.688
Size Type 0.609 0.081 7.515 0.000
Size Location 0.950 0.095 9.984 0.000
Type Quality -0.008 0.042 -.198 0.843
Type Location 0.584 0.076 7.669 0.000
Time Location 0.537 0.070 7.661 0.000
Time Type 0.389 0.064 6.086 0.000
Time Quantity 0.695 0.138 5.018 0.000
Time Quality 0.139 0.039 3.527 0.000
16. Conclusions
• Container Inventory Imbalance could be minimized through
collaboration among carriers.
• The collaboration comes into effect in the form of exchanging
containers between carriers.
• The case study suggests the container interchange is realistic.
• The ‘Container Interchange Matrix’ (6 R model) is an effective tool in
container interchange process.
4/8/2018 GOL International Conference 2018, Le Harve 16
17. The way forward………
Introducing the Container Interchange (6R model) to the
industry
1. Make It a Logical Solution
2. Gain an Introduction
3. Choose the Right Time
4. Invite Expertise
4/8/2018 GOL International Conference 2018, Le Harve 17
18. Best Research in ports and shipping -2016
4/8/2018 GOL International Conference 2018, Le Harve 18
Awarded by
The Chartered Institute of Logistics & Transport Sri Lanka (CILT SL) ,Society of Transport & Logistics Sri Lanka,
and East Asia Society for Transport Studies (EASTS)
The Benefits of Container Exchange between Carriers: A case study
19. 4/8/2018 GOL International Conference 2018, Le Harve 19
Assessment of Strategies that Lead
to Optimization of Utilization of
Maritime Containers in Sri Lanka
20. 4/8/2018 GOL International Conference 2018, Le Harve 20
Colombo International Maritime
Conference -2015
Colombo International Maritime
Conference -2016