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.)

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

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/