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

Freight Infrastructure & Freight Insurance

Infrastructure-United-States-Under-Construction-600x345

Building a Stronger America project was released on February 12, 2018. The project emphasizes third main points which is to build fast, build for the people, and build for the future.

Building Fast:

The Administration proposes a $1.5 trillion investment to correct America’s crumbling infrastructure and prepare America for better opportunities. The goal would be to fix the infrastructure deficit if Congress approves this legislation. “We will fix the broken permit process, so America can become a global infrastructure leader.” An example they used was when the Empire State Building was constructed it only took a year. Now to get an approval for a highway it takes at least 10 years. The permitting and approval process needs to be less than two years.

Building for the People:

The Administration would like to remove from the Federal Government the decision making of the projects. They would like to put into States hands this decision. The plan would delegate $100 billion to the use of State, local, and private investment.

Building for the Future:

$50 billion would be dedicated to the rural areas of America to address unique infrastructure challenges, rebuilding and modernizing bridges, roads, water and wastewater assets, water resources, waterways, power generation assets, and broadband. $20 billion would spur competition around bold, innovative, and transformative infrastructure projects to improve future infrastructure. The proposal would be committed to generate new projects that would increase employment and boost the demand for labor.

What impacts would this project have on the freight industry? Would it increase the demand for freight and make the transportation for freight quicker? Would this be a positive impact on the livelihood of millions through the US? Not only will there be an increase in freight transport but the need to protect this freight while in transit will be an integral part of freight transport. Freight Insurance has always been the most import part when transporting freight. Freight Insurance minimizes the risk and freight insurance demand has increased by billions of dollars every year. Read about us http://www.freightinsurancedirect.com

Written by Iris Arden (Ramon Inc.)

Shifts in the Trucking Industry

Due to mother nature, there have been major delays in shipping freight. But this has also created a vicious cycle. Either the shipment cannot be sent on time due to the weather, or the shipment that was shipped on time was damaged during the transit. Shipping carriers find themselves overwhelmed with the high volume of freight that needs to be sent due to high demand, and the high volume of claims that are being processed.

Carriers’ that only have a shipping insurance policy that only coverage few cents per pound and NOT full replacement value, finds themselves facing a nightmare. The claims process seems to never reach a resolution; they still have more goods to ship, yet the risk of damaging the goods again during transit is high.

That’s why Ramon Insurance has been in business for over 31 years. We provide the best claims process, with 24-7 updates, easy to communicate, and resolutions are given in just 7 days. The rates provided for the best in the industry and the coverage is the best available which is All Risk and Full Replacement Value. We not only make the process quick and easy for you, but we give you the best for your time and money. The best customer service, the best rates, the best coverages, and the best claims processes. Few cents per hundred will give you the peace of mind from pick up to delivery.

Contact us today for free consultation  by an expert who has been insuring billions of dollars of freight every year.

Written by Iris Arden (Ramon Inc.)

Rail Delays to the Port of New York and New Jersey

The ports of New Jersey and New York are America’s busiest and largest ports of the Eastern coast. They are the nation’s third-largest port and offer access to one of the most concentrated consumer markets in the world. Twenty-foot equivalent or TEU, which is the cargo capacity unit to describe shipping containers, in 2015 was 4.9 million composing 12.1% of the North American market share.

BN-MI861_2cCDr_M_20160129140819The weather conditions delayed the cargo transit from Chicago and the Midwest to the ports causing major disruptions. CSX who services into the ports had discontinued services and destinations along with eliminating 6,700 employees and consultants. Express Rail Terminal became overwhelmed with the number of containers. And what use to take thirty minutes to access a container now takes an hour and a half.

Attempts to find a better solution to correct the problem do not show any signs of a quick recovery.

Written by Iris Arden (Ramon Inc.)

Sources:

https://www.icontainers.com/us/2017/05/16/top-10-us-ports/

https://www.morethanshipping.com/ports-new-york-new-jersey-cope-rail-delays/?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3Bv86CvceMQDKk8xFdOnCf3w%3D%3D

THE LONGEST RAILWAY FREIGHT ROUTE IN THE WORLD

The first direct freight train service from China to the UK arrived in London on January 18 of 2017. The journey took 7,456-miles and 18 days to complete. The new train is considered the modern-day Silk Road. This new route has made London the 15th European city to have a railway route connection with China.Rail

Nine countries are connected during this route: China, Kazakhstan, Russia, Belarus, Poland, Germany, Belgium, France, and United Kingdom.  The journey is longer than Russia’s famous Trans-Siberian railway, but shorter than the China-Madrid link. With cheaper services in comparison to air transportation and quicker delivery than ocean transportation, the new train railway successfully brings a new opportunity for growth.

China has become one of the world’s biggest exporters amounting to over $2.28 trillion in 2015. With President’s Xi vision to a brighter future for China and the world, he’s work is just beginning. There are already plans for another 20 European rail freight routes which will increase their export potential even more.

Written by Iris Arden (Ramon Inc.)

Sources:

http://www.thehindu.com/news/international/first-direct-london-china-train-completes-12000-km-run-in-20-days/article18299736.ecehttp://money.cnn.com/2017/01/18/news/economy/china-uk-freight-train-yiwu-london/index.htmlhttp://www.independent.co.uk/news/uk/home-news/first-direct-train-china-to-uk-arrives-east-london-yiwu-city-barking-channel-tunnel-a7533726.htmlhttp://www.bbc.com/news/business-38654176