Dear Valued Customers, 

Greetings.

As you are aware we at Jupiter Sea & Air Services P. Ltd, Chennai – India keep updating you on daily basis on the International Shipping and Air Freight industry through this Corporate News Letter (CNL) by E-mail.

We serve you today’s Shipping News i.e Thursday November 05, 2015 to keep you posted on the International Shipping and Air Freight Industry. We’re sure you will find this interesting and informative.  Please go on and read them to increase your knowledge.

FOCUS ON  TURKISH AIRLINES :

Turkish Airlines opened up sensational new daily service connecting Miami to Istanbul October 25, and also went live last month with its new generation iCargo system, delivering software solution COMIS (Cargo Operations Management and Information System) to the carrier’s global offering.      The company reports that initial results are immediate and dramatic.      “It’s a new era for air shippers,” Halit Anlatan, Turkish Airlines Vice President Cargo told FlyingTypers.      “Now we can offer Southeast USA and Latin American shippers exceptional service and super fast connections via Gateway Istanbul to Europe, India, The Middle East and Africa, Mr. Anlatan added.      From Istanbul, iCargo is designed to fulfill the business needs of Turkish Cargo, which have been increasing alongside the global growth volume of the company. The transition of sales, accounting, and operation modules has gradually been taking place since the start of second quarter 2015.      iCargo, a product of IBS company, was developed  specifically to meet the needs of Turkish Cargo.      “One of the most advanced technological solutions, iCargo provides quicker adaptation to sectoral developments coupled with remarkable ease of operation thanks to its community-based product function.      “iCargo immediately enhances our service quality and operational efficiency at Turkish Cargo.      “We also see increased ability to move capacity where [it’s] needed in a more rapid fashion, adding to our competitive advantages, which include Gateway Istanbul’s location and advanced air cargo handling facilities development." By The Numbers “The advanced abilities ushered into operation with COMIS are numerous,” Turkish Cargo said. Price information can be determined and displayed in synchronization during the reservation process. International stations now have ability to manage their flights and enter reservation information from departure station to arrival station at point of origin. The system will determine approved or reserve status for a reservation on the basis of certain parameters. Errors will be minimized by ensuring automatic price control with “Rate Audit.” All transactions of cargo in warehouse and ramp site will be carried out with hand terminals, adding greater information control whilst curbing losses and errors. Cargo locations are now tracked and viewed by warehouse management system instantly along with transaction history. All operations from the acceptance of cargo to loading the cargo to aircraft, from unloading the cargo to delivery to customer are performed with automatic business orders. Many manual transactions such as calculation of storage charge, printing NOTOC, issuing import manifest after check in (break down) transaction are performed automatically. Errors arising from manual entries and their effects on business processes will be decreased. Reports will be more correct as data quality increases. It will be possible to regulate the capacity with EDI messages to be sent by postal services and send replies to postal services to indicate the status of mails as a reply to EDI messages. ULD messages will be created during takeoff and landing automatically and station stock will be updated, providing more effective stock monitoring. Geoffrey Castles In The Air . . .    A cyclist rides past the world's tallest sand castle, Oct. 26, 2015, on Virginia Key Beach in Miami.    The castle, rising to a height of 45 feet, 10.25 inches, was commissioned by Turkish Airlines to highlight their new non-stop service from Miami to Istanbul. Courtesy : Flying Typers

   EVA Air (BR), the largest privately owned Taiwanese airline, has stopped their former thrice-weekly 747-400ERF freighter flights into Frankfurt, Germany, citing “lack of demand” and “a better yield for Asia–US-bound flights.”
     With the withdrawal of the FRA-bound freighters, BR’s last main deck capacity into Europe is gone and the remaining uplift capacity of their 777 and 747 passenger versions out of Vienna (VIE), Amsterdam (SPL), and London (LHR) is but a fraction the former sizable uplift capacity of BR in the European cargo market.
     BR’s former European hub in BRU was closed years ago, and the FRA office shrunk down with the local staff about to be let go.
     About layoffs, sources told FlyingTypers some 10- to 20-year employees of BR in FRA that now have lost their jobs may sue for discrimination, as Taiwanese staff on the payroll for much shorter periods of time have been retained.
Jens

    Noah’s Ark has met its match. Decalcomania has transformed the world’s biggest airplane, and the results are stunning.
   Emirates has covered two of its A380s with images of endangered animals. The carrier says it is going full throttle to raise awareness in a world that has driven some species of wildlife to the point of extinction.
   The Dubai-based airline said it is also advancing the effort to train and better equip its ground and cargo staff to detect and deal with illegal wildlife products in transit.
   The carrier has joined the industry movement in forbidding trophy shipments from now on.
Elsewhere dnata, the air services provider member of the Emirates Group, is also working to save the Rhinos in South Africa through its dnata4good charity.
   Dnata supports the first rhino orphanage and rehabilitation facility, which is now fully operational in Hoedspruit.

Now  let’s move on to Sea Freight News…

Centre to help Rajasthan govt for building inland port Business Standard The Centre will facilitate the Rajasthan government for building an inland shipping port at Jalore, which will connect the state with the Arabian sea and promote transportation of minerals through a waterway. "The Inland Waterways Authority of India (IWAI) under the Ministry of Shipping proposes to guide and support the Rajasthan government for building an inland shipping port at Jalore," an official statement said today. The port and the terminal that are to be created will help develop inland navigation facilities in western Rajasthan and will also bring about socioeconomic development of the region, it said. "Business development opportunities along the canal for limestone, gypsum, lignite and cement factories are to be explored by the state government," the statement further said. It added that the pre-feasibility report of the project will be done by WAPCOS and they will submit the same within 5 months, duly monitored and guided by the IWAI. Railways freight productivity declines in first half Business Line For the first time since 2010, freight productivity of the Indian Railways — both in distance and volume terms — declined in the first half of the current fiscal, data accessed by BusinessLine show. Industry players, however, say this could be the first decline in decades. The decline in the first six months of this fiscal has raised serious concern as freight transportation is a key bread-earner for the Indian Railways, accounting for almost 70 per cent of its total income. Overall, however, the Railway earnings reflect a growth on account of the hike in freight tariff during this period. The net tonne kilometre (NTKM) drop, which is despite a 1.61 per cent growth in loading, is primarily because of a 2.56 per cent drop in lead or the average distance travelled. “This is a rare phenomenon. On an annual basis, the NTKM has dropped in 2012-13 — when the average lead dropped to 645 km from 690 km the previous year. Port of Algoma receives first new cargo stream Sault Star The arrival of a shipment of salt at the Port of Algoma, Canada Wednesday signalled a major step for the project. The cargo stream was the port's first new shipment since it was established last year. The shipment contained salt for highways from Compass Minerals, travelling from Goderich, Ont. It's arrival was “a very big moment” for the company, said Anshumali Dwivedi, CEO of the Port of Algoma. The company is still conducting impact studies and waiting for modernization projects to be completed, but the arrival of this first shipment signals that the port is open for business, Dwivedi said. Demonstrating that the port is already operational is critical to attracting new investments, he added. “It's important for us because the mandate for my team was to go after new users and get them to start using the port,” he said. “2016 should be a very good year as our business from the new cargo streams goes up probably four to five times,” he said. Ocean carrier reliability hits all-time high, SeaIntel says JOC With carriers in the Asia-Indian Subcontinent, Middle East-Asia and Asia-Mediterranean trades leading the way, global on-time performance in September reached an all-time high on the SeaIntel reliability index, the Copenhagen-based consulting firm reported today. SeaIntel’s Global Liner Performance report, which has been tracking ocean carrier schedule reliability since July 2011, said its analysis of 11,792 vessel arrivals in September showed 86 percent on-time performance. That was up 4.6 percent from August and 13 percent year-over-year compared to September 2014. Given a tumultuous year that included port congestion at a number of major gateways around the world, a disastrous January and February at U.S. West Coast ports due to labor issues, and cargo diversion to East Coast ports that produced congestion there, the continuing upward trend through September bodes well for all participants in the international supply chain. Warehousing, food storage services companies keen on India Business Line Global warehousing and food storage services companies are showing keen interest to invest in India. “An improving domestic economy and legislative reforms has encouraged foreign companies to set up their manufacturing base in India,” Anshuman Magazine, CMD of CBRE South Asia, told BusinessLine. “Few companies have already expressed interest. Recently, companies like Blumberg Grain, a US-based warehousing solutions provider, have shown interest to establish their manufacturing base and warehousing facilities,” he added. The entry of such brands may help the existing technological know-how in the field, and improve them to global standards, thus creating more employment opportunities. Delhi-NCR, Mumbai and Bengaluru are likely to remain major hubs for retail distribution centres; Pune and Chennai are likely to see healthy demand for industrial warehousing. Adani Group's Hazira Terminal doubles throughput JOC India’s biggest port operator, Adani Ports and Special Economic Zone, whose second-quarter earnings took a hit due to slowing volume growth at its flagship Mundra Port, has a reason to cheer. Port statistics compiled by JOC.com show first fiscal half volumes at Adani Hazira Container Terminal more than doubled to 132,994 twenty-foot-equivalent units from 61,505 TEUs during April-September 2014. The big turning point for AHCT came in July when French carrier CMA CGM introduced a regular call at the private facility via its EPIC service, a weekly loop between the Indian subcontinent and Europe, in an attempt to circumvent growing delays at nearby Jawaharlal Nehru Port Trust. An analysis of the newest data reveals AHCT saw throughput jump from 17,780 TEUs in June to 28,031 TEUs in July following the addition of the EPIC. The Hazira terminal currently hosts five weekly sailings and one fortnightly loop. Maersk postpones optional newbuilding orders Sea News Danish container shipping giant Maersk Line does not plan to exercise the previously announced options for six 19,630 TEU vessels and two 3,600 TEU feeders and will postpone decision on the optional eight 14,000 TEU vessels, the company said in an announcement. The decision comes following the company’s cutting of expectations for its third quarter earnings and accompanying efficiency initiatives as response to market outlook. “Maersk Line will reduce its network capacity and postpone investments in new capacity, while at the same time reducing operating costs by escalating already announced plans to simplify the organisation. In light of the lower demand these initiatives will allow Maersk Line to deliver on the ambition to grow at least in line with the market to defend the market leading position,” Maersk Line said. 2M Partners Maersk and MSC Reduce Fleets Maritime Executive Maersk and MSC, partners in the global 2M shipping alliance, separately announced cuts to fleet size on November 4. A news source reports that Mediterranean Shipping Company (MSC) will reduce the number of chartered vessels it operates while maintaining its newbuild program. MSC operates 307 chartered vessels and has an orderbook of 46 vessels as of November 4, according to public data from Alphaliner. Maersk and MSC are the world's largest containership lines, with 594 and 497 ships operated respectively. Together as the 2M Alliance they comprise nearly 30% of the world's container capacity by TEU. Maersk will reduce capacity by not exercising six of eight existing newbuild options with Daewoo Shipbuilding and Cosco. Additionally Maersk will reduce its head count by 4,000 people, mainly through attrition. Maintain ‘buy’ on Adani Ports, target Rs 351: Edelweiss Financial Express Adani Ports and SEZ’s (APSEZ) Q2FY16 consolidated PAT at R670 crore came in line with our estimate, boosted by ~R310 crore SEZ revenue, negating the impact of lower volumes—37MT versus ~42MT estimate. Management reiterated impact of lower coal imports on cargo volumes to be mitigated largely by coastal shipping as well as imports by coastal power plants (AEL coal trading volume growth vindicates this). We continue to believe that APSEZ will not only leverage its strong asset- based balance sheet, but also its expertise to pursue growth opportunities. We have recalibrated volumes, resulting in revised target price of INR351 (INR367 earlier). Maintain ‘buy’. APSEZ’s consolidated cargo volume at ~36.5MT grew 4% YoY, but fell 8% QoQ due to lower coal volumes and slow ramp up at Dahej. Mundra container volumes at 732k TEUs grew 10% YoY despite tepid ExIm container market, which grew mere ~2%. Shipping: A Winter of Discontent Hellenic shipping news As the shipping industry enters the winter season can it expect any improvement in its economics or will it remain in the present moribund state? The Chinese manufacturing boom in the last decade caused an unprecedented demand for shipping services to import raw materials and export finished goods as well as meet the increasing domestic demand for goods and services of all types. These factors initially led to extraordinary profits for shipowners and attracted new investors mainly through the capital markets of the USA. Simultaneously the Asian shipbuilding industry in Korea, Japan and China expanded its capacity enormously to the point that they could statistically build a new world fleet every ten years. The Chinese boom lasted only four years during which a huge number of ships were delivered and even more for another four years. Thus by 2012 the excess fleet capacity averaged 30% and more in some sectors. APM Terminals Mumbai opens new facility for factory-stuffed export trailers Exim APM Terminals Mumbai, the busiest container terminal at Jawaharlal Nehru Port (JN Port), Nhava Sheva, has opened a new parking facility to provide easy access for tractor-trailers carrying export cargoes. The facility is exclusively for the handling of factory-stuffed export containers arriving via road, bound for outgoing vessel calls at the terminal, and is located at the entrance of the Dedicated Access Road leading into the terminal. JNPT authorities have reserved the dedicated parking space for APM Terminals Mumbai in order to streamline access for Port users, and to alleviate local traffic congestion, as factory-stuffed cargo represents 70 per cent of the gate movements at APM Terminals Mumbai. With the terminal handling almost half of JNP’s overall volume, congestion due to illegal parking on both sides of the approach roads by unauthorised truckers had become an impediment to traffic and operations at the Port, said a release. Logistics Chennai,International Freight Forwarders in Chennai, Custom Clearance Agents in Chennai , Checkout http://www.jupiterseaair.com