Hapag-Lloyd Freight Vessel

After the merger with UASC (United Arab Shipping Company), Hapag-Lloyd has boasted one of its youngest fleets in the cargo industry. The vessels will be dismantled accordingly to the environmental regulations and certified shipyards. The seven-year-old container ships that had a capacity of 4,101 TEU will be recycled in Turkey and in China. The shipyards within Turkey and China are certified to recycle ships in an environmentally friendly manner.

The COO of Hapag-Lloyd said that the recycling of these ships is part of the restructuring project of their fleet. In 2017, the company already had three older vessels from the former UASC fleet that was dismantled in an environmentally friendly manner.

Also, Hapag-Lloyd is now offering a service to the East Coast of Africa for the very first time. They are already demands to Mombasa and Daar-es-Salaam over Jeddah for onward transshipment and local distribution.

They are expecting in April to deploy four vessels each with a capacity of 1,200 TEU in the new East Africa Service. This will be a sole operation.

Senior Managing Director Region Middle East, Lars Christiansen, informed that this would a trade which their customers have wanted the company to serve for awhile now. And EAS will benefit from Hapag-Lloyd’s strong presence in the Middle East and connection to the global network.

No matter where you are located, Ramon Inc. is an International Insurance Brokerage that can provided you coverage anywhere in the world. Freight Insurance, Cargo Insurance, Shipping Insurance is how our clients find us. For more information www.freightinsurancedirect.com

Written by Iris Arden (Ramon Inc.)

Source: https://www.worldcargonews.com/news/hapag-lloyd-to-recycle-more-vessels-49099

Food Runs the World

Food provides almost one in three of the world’s population with a livelihood.  From restaurants, supermarkets, entertainment, food runs the world.

0ed6f43f6f27e75e3a92e0443cf18312--grilled-avocado-avocado-mozzarellaAgriculture, food, and related industries contributed $992 billion to the U.S. gross domestic product in 2015. In 2016, 21.4 million full and part-time jobs were related to agricultural and food sectors composing 11% of the total U.S. employment. While employment in agriculture and food-related industries supported another 18.7 million jobs. Food service locations accounted for the largest share with 12.2 million jobs with food/beverage stores supporting 3.2 million jobs. And the remaining agricultural-related industries together added another 3.3 million jobs. In 2017, the Bureau of Labor Statistics, which refers to restaurants as food services and drinking places, informed that sit-down restaurants compose 50% of the jobs; while, fast food restaurants composes 37%.

In 2016, America exported $24 billion in soybeans, $17 billion in meat and poultry, and $11 billion in corn.  And in imports, it was $130 billion with food variations from fish and shellfish to tea. With the high volumes of exports and imports, the demand for refrigerated containers and trucks has increased. According to the Maritime Research, Consulting and Financial Advisory Services (Drewry), the demand for refrigerated transportation will increase by 17% within 3 years.

And as the demand of food increases, so does the risk of food scarcity. With climate change affecting crops and studies predicting by the year 2050 deaths due to starvation, new strategies to maintain the world’s current population with enough good supply has become a challenge.

Although America has not faced agricultural hardships, other countries have. For example, Japan has included buckwheat alongside rice as part of their food culture; which means eating soba noodles has now become a part of being Japanese. France, India and Italy have included lentils and beans alongside wheat.

Food is at the center of almost every culture, a big part of the world’s economy, and a necessity to live.

Written by Iris Arden (Ramon Inc.)

Sources: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/ag-and-food-sectors-and-the-economy/

http://www.bbc.com/news/av/business-39998549/value-of-global-trade-in-food-growing-strongly

https://www.theatlantic.com/business/archive/2017/08/restaurant-jobs-boom/536244/

https://www.thebalance.com/u-s-imports-and-exports-components-and-statistics-3306270

https://www.washingtonpost.com/news/energy-environment/wp/2016/03/02/food-scarcity-caused-by-climate-change-could-cause-500000-deaths-by-2050-study-suggests/?utm_term=.d730fde0e3ae

https://ideas.ted.com/what-americans-can-learn-from-other-food-cultures/