Tag / Ocean Freight
Be sulfur-smart: The maritime industry is weighing its options for complying with the new rules on ship emissions
Blog posts • Apr 18, 2019 06:00 GMT
The sulfur limit that takes effect in 2020 has led to a scramble for compliance options, as the industry grapples with the impact of increased costs and potential supply chain disruptions. Ship owners and operators are hedging their bets on alternative fuels, but all options require significant investments that will put pressure on shipping rates. Our blog post navigates the turning tides.
Press Releases • Apr 17, 2019 05:00 GMT
In the first three months of 2019, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF 16.6 million).
Blog posts • Apr 16, 2019 09:50 GMT
With the new sulfur limit coming into force in 2020, ship owners and operators are looking to comply with the regulation, and a debate has ensued over the use of scrubbers. What are open-loop and closed-loop scrubbers? How harmful are scrubbers to the environment? We look at what’s behind the debate.
Blog posts • Mar 08, 2019 13:30 GMT
Panalpina's Ocean Freight team turned out in full force at this week's Trans-Pacific Maritime Conference (TPM) in Long Beach, CA, USA, which was attended by thousands of the top importers, carriers and freight forwarders in the trade lane. Three of Panalpina's leaders share thoughts on their key take-home messages from TPM19.
Press Releases • Feb 28, 2019 06:45 GMT
Panalpina continued to deliver innovative, end-to-end supply chain solutions in 2018 to its customers in a wide range of industries. The Management Report 2018 highlights the company’s key achievements in expanding its services and footprint as well as carrying out complex freight forwarding and logistics projects.
Press Releases • Feb 28, 2019 06:00 GMT
Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million (+15%) and the reported consolidated profit increased from CHF 57.5 million to CHF 75.7 million (+32%).
Press Releases • Feb 20, 2019 10:45 GMT
Panalpina announces the launch of its new state-of-the-art digital customer portal. The portal enables customers to benefit from a wide range of instant and real-time services. It is currently available to selected customers by invitation only and will be launched globally this summer.
News • Feb 14, 2019 16:00 GMT
Given the many Brexit challenges, Panalpina has set up a special task force to help customers find individual solutions. It also offers the following services to uphold customers' supply chains: tailored Air Freight solutions provided by the company's Charter Network, customs clearance and consulting, warehousing and other value-added logistics services, supply chain redesign and consulting.
News • Feb 13, 2019 15:30 GMT
Firmly setting its sights on innovation, customer centricity and digitalization, Panalpina delighted visitors at its Fruit Logistica stand with a holographic experience. The mixed (or hybrid) reality application showcased the journey of fruits and flowers in holographic animations. Find out what it was all about!
News • Jan 17, 2019 17:15 GMT
Panalpina is ready to support Ocean Freight customers in dealing with higher costs and potential disruptions as a result of the lower sulfur limits. Already this year, cargo owners will feel the impact of new rules on ship emissions coming into force. From 2020, the sulfur content of bunker fuels will be reduced to 0.5 percent, compared to 3.5 percent now in most parts of the world.
Blog posts • Dec 04, 2018 14:30 GMT
What is the best address in Weiterstadt? Hang on; you don’t know where Weiterstadt is? Well, as the name implies, Weiterstadt is a city (= Stadt) in Germany, right next to Darmstadt and a few kilometers south of Frankfurt Airport. Many would argue that Schloss Braunshardt is the best address in this city of 25,000 souls. The 18th century castle is undoubtedly a fine address, but...
Press Releases • Oct 25, 2018 05:00 GMT
In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.
Press Releases • Oct 18, 2018 08:00 GMT
Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, and CMA CGM, one of the world’s leading shipping groups, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.
News • Oct 08, 2018 12:10 GMT
Panalpina brings to the market another industry first with the Less than Container Load (LCL) Ocean Freight hub in Cartagena, Colombia, which connects services in Europe, Asia and Latin America with Central America and the Caribbean. Operated entirely by Panalpina, this new development offers customers more than 30 new LCL services, reduced transit times and greater coverage.
Press Releases • Jul 17, 2018 05:15 GMT
Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.
Press Releases • Jul 17, 2018 05:00 GMT
Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.
News • Jul 09, 2018 14:45 GMT
Panalpina has opened a new, purpose-built logistics center in Singapore. Strategically located at Pioneer View, the facility offers 25,800 m2 of usable warehouse space, a unique yard and container storage on the rooftop, state-of-the-art automation and air conditioning on all six floors.
Press Releases • Jun 26, 2018 08:05 GMT
Panalpina has launched the Panalpina Digital Hub to embrace new technologies including the Internet of Things (IoT), artificial intelligence (AI) and blockchain that have the potential to disrupt the business in the coming years. The new business unit is to explore innovative technologies, develop new digital solutions for customers, and engage with digital start-up companies.
Press Releases • May 22, 2018 12:00 GMT
Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry. The company sees many advantages of blockchain technology for freight forwarding and logistics operations in general, but also for specific areas such as perishables in particular.