HONG KONG, Nov 23, 2020 – (ACN Newswire) – The 10th Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), concluded its live programme on 18 November. More than 60 leaders from the logistics, maritime and aviation sectors around the world shared their insights in 35 topical sessions at the event. ALMAC had its debut as an online event (ALMAC Online) this year and industries continued to show their support with more than 10,000 viewers from close to 60 countries and regions joining the global live streaming, including many from Hong Kong, Mainland China and nine out of 10 countries in the Association of Southeast Asian Nations (ASEAN) bloc, along with newcomers from Austria, Brunei, Brazil, the Czech Republic, Egypt, Hungary, Rwanda, Slovakia and Uzbekistan and more, highlighting how the online format offered networking opportunities spanning the globe.

ALMAC Online provided several interactive channels to connect different industry players, helping to expand business connections and build opportunities. Attendees could pair up with business partners easily through one-on-one virtual meetings and exchanging business contacts. The service created easy communication between potential business partners, generating more than 5,300 connections. Insight Exchange, Meet the Experts and Meet the Shippers sessions helped participants search for leading service providers of innovation technology and solutions. In addition, representatives from key trade associations provided complimentary advisory services, covering areas such as regional supply chains under the pandemic, changing trade flows and logistics technology.

The HKTDC worked with 100 international chambers of commerce and other organisations to set up 10 sub-conference venues in areas with a low COVID-19 risk, connecting global logistics groups simultaneously. Numerous business-matching meetings and virtual roundtable sessions were organised for delegations from France, Germany and Italy, connecting them with industry players from Hong Kong and the mainland to capture business opportunities.

Preparing for COVID-19 vaccine air logistics

The pandemic has brought unprecedented challenges to many sectors, including the air cargo industry. In the Air Freight Forum of the conference, co-organised with Airport Authority Hong Kong, air cargo community stakeholders discussed the industry's outlook and outlined a roadmap for business in the current environment.

Frederic Leger, Director APCS Products, International Air Transport Association (IATA), said the major issue faced by the industry now is the reduction in air cargo capacity. Globally, the grounding of about two-thirds of passenger fleets and absence of non-stop freighters in some regions had a significant impact on the air freight industry. Hong Kong has been less impacted by the capacity crunch because of its hub status and the continued flow of freighter traffic.

Mr Leger also spoke about preparing for the shipment of COVID-19 vaccines. Around 80 potential vaccines are currently in development, with some being ready for shipping by the end of the year. The shipment of vaccines will create significant supply-chain challenges since it's estimated that providing one dose for each of the world's 7.8 billion people would require cargo capacity equivalent to 8,000 Boeing 747 cargo aircraft.

"The key factors depend on where the vaccines will be produced, where they are going, where they will transit, how many doses per person, and the time between injections," Mr Leger explained. Infrastructure and staffing requirements should also be considered. For example, transporting vaccines requires storing at ultra-low temperatures of minus 80 degrees Celsius, and there must be appropriate tracking and handling procedures, facilities, equipment, packaging and extra capacity on the ground. At the same time, air crews and ground staff must be authorised to support vaccine transport, with sufficient training on risk, quality and handling procedures to deal with time- and temperature-sensitive pharma products. Mr Leger said collaboration between governments would be crucial, suggesting authorities work to arrange fast-track vaccine delivery, expediting the release and clearance of goods to avoid bottlenecks at borders.

Alaina Shum, General Manager, Aviation Logistics, Airport Authority Hong Kong, said COVID-19 vaccines would generate about 65,000 tonnes of air freight but with challenging requirements such as ultra-cold storage, cool dollies, apron shelters and airport-wide IATA certification. She said Hong Kong International Airport (HKIA) was already fully equipped to meet these requirements well before the pandemic outbreak.

Nevertheless, Ms Shum said strict procedures to reduce risks during the pandemic would affect airlines' ability to efficiently deploy crews, leading to additional costs and, in some cases, flight cancellations. She said Hong Kong authorities and HKIA had launched relief measures to help airlines keep flying, while HKIA was working with the Civil Aviation Department to increase capacity out of Hong Kong by expanding slot approvals for chartered flights, especially on high-demand routes carrying medical supplies. This resulted in a 25% year-on-year increase in freighter capacity from March to September this year, with some airlines refitting passenger aircraft to operate them for all-cargo services.

Expanded role of e-commerce during pandemic

Ms Shum said the pandemic had led to rapid growth in medical-supply shipments, including personal protective equipment, while the increase in work-from-home arrangements had boosted demand for e-commerce electronic products. Overall, she said, the pandemic had accelerated the shift to online shopping, which would have a long-lasting effect.

William Xiong, Chief Strategist and General Manager for Export & Global Logistics, Cainiao Network, discussed the growth of e-commerce during the pandemic. He said Cainiao, a mainland logistics firm, could handle 400 million packages a day with its global delivery network and has also helped international brands and companies leverage the power of big data to allocate their inventories intelligently and cut costs. Demand for such services had increased more than 10-fold in recent months, he explained.

Mr Xiong said the company had already handled more than 130 million medical-supply shipments this year, serving about 150 countries and regions as well as many international organisations such as the United Nations.

He mentioned that prices for freight had fluctuated heavily during the pandemic, and Cainiao looks forward to prices stabilising in the future. The company is expanding its capacity and building connections in cooperation with partners to boost its existing capacity and expertise. By 2021, the firm intends to add 3,000 more chartered flights and expand scheduled aviation services with a 72-hour turnaround time. With this move, Cainiao aims to reduce costs through digitisation and optimisation for more affordable and accessible services that contribute to the industry's development.

Hong Kong as an International Maritime Centre

The pandemic has also created concerns for the maritime industry. During the Maritime Forum, held in the afternoon on day one of the conference, Kitack Lim, Secretary-General, International Maritime Organization, shared his thoughts on business prospects and said the industry faces two major challenges – digitisation and carbon-dioxide emissions reduction. The industry could not avoid the issue of energy transition and the reduction of greenhouse-gas emissions, and had to meet the Paris Agreement target of halving fossil-fuel usage. Mr Lim said investment in research and development and infrastructure is one of the solutions, adding that innovations through digisation and artificial intelligence (AI) were also necessary.

Several leading maritime industry players gave their insights at a session titled "Maritime Forum – A Catalyst for Change". Vincent Clerc, CEO of Ocean and Logistics, A.P. Moller – Maersk, said the shipping industry had begun to rebound at the end of the second quarter of 2020 and demand from October to November had even exceeded expectations. Mr Clerc said most relevant services and technologies had been digitised for some time but the COVID-19 pandemic has accelerated the process with customers also looking for more digital solutions. Digitisation standards in the industry presented problems and digitisation involved large investments – and not all corporations could afford to adopt such solutions. Mr Clerc said A.P. Moller – Maersk was working hard to establish related standards for the industry. The company has decided to make full use of digitisation as it is beneficial to both corporates and customers and opens up more possibilities.

Mr Clerc believed the industry has already achieved higher standards than required by the International Maritime Organization in terms of sustainable development and carbon emissions reduction. He added that A.P. Moller – Maersk would fulfill more commitments in response to customers' requirements and expectations, resolving climate change and carbon emission issues gradually.

Chaired by Patrick Lau, Deputy Executive Director, HKTDC, speakers in the Power Dialogue session titled "Asian Connectivity under the "New Normal" included Grom Alexey Nikolaevich, CEO, Chairman of the Board, United Transport and Logistics Company – Eurasian Rail Alliance (UTLC ERA), and Zheng Shuangli, Director of Operations, Chengdu International Railway Port Investment & Development (Group) Co., Ltd. Mr Nikolaevich said the pandemic had shown that railway was the most reliable means of transport because of the absence of delays, and the present situation made this advantage obvious. His company had seen a significant increase in transport volume to 500,000 twenty-foot equivalent units (TEUs) this year, with an average of one railway service departing from mainland or European borders every 45 minutes.

WTO addresses industry recovery

Co-organised with The Hang Seng University of Hong Kong, the Closing Plenary session invited Yonov Frederick Agah, Deputy Director-General of the World Trade Organization (WTO), to share his views in a keynote address, "World Trade Organization Outlook for Charting Recovery". The pandemic has severely impacted the global economy and daily life, with global trade dropping drastically, he said. Forecasts showed that the decline in global trade might exceed the drop resulting from the 2008 financial crisis. The impact of the pandemic on the logistics industry has been widespread, with global air-freight and ocean-freight volumes shrinking substantially amid land border closures, along with a halt to business travel that is crucial for connecting trade and managing global value chains. "There is an unusually high level of economic uncertainty right now. If the second wave of COVID-19 is better managed and vaccines are available soon, it could add three percentage points to trade growth," said Dr Agah. "The pandemic has also accelerated economic and lifestyle changes, from working from home to booming e-commerce, that can accelerate trade reforms."

Dr Agah's address was followed by a series of panel discussions. Leaders from different sectors shared views on the topic "Leading Through a New Paradigm of Global Logistics Risks under Uncertain Trading Environment and Cyber Disruptions", exploring the challenges confronting globalisation in an era of geopolitical tensions and trade protectionism. "Better transport connectivity results in better trade and increased productivity. Intra-regional benefits from trade agreements have been bolstered further by the pandemic," remarked Jan Hoffmann, Chief, Trade Logistics Branch, United Nations Conference on Trade and Development.

The conference hosted two Supply Chain Management Forums, covering "Adopting Automation, Robotics and AI in Logistics and Supply Chains" and "Shaking up Supply Chain Management from E-commerce to Social Commerce". Power Dialogue sessions examined Asian connectivity under the new normal, the digitisation of the supply chain, digital cargo and other topics. Launched last year, InnoTalks and MarketTalks both returned in 2020. The InnoTalks sessions featured innovative solutions to help conference participants keep abreast of technological developments in the logistics industry and generate new impetus in their business. MarketTalks featured key industry players from Mainland China, India, Malaysia, Thailand and the United Arab Emirates, who led attendees in exploring regional opportunities through logistics ecosystems.

The conference sessions are now available for viewing through video-on-demand on the ALMAC Online website until 17 December 2020.

Photo download: https://bit.ly/36QtLvK

Websites
– ALMAC Online: https://www.almac.hk/main/en
– ALMAC Online Speaker List: https://www.almac.hk/main/en/speaker/2020speaker
– ALMAC Online Programme: https://www.almac.hk/main/en/s/info-programme

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Christine Kam, Tel: +852 2584 4514, Email: christine.kam@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HONG KONG, Nov 17, 2020 – (ACN Newswire) – The 10th Asian Logistics, Maritime and Aviation Conference (ALMAC), an annual signature event for the industries jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today, running online for the first time in light of the pandemic. More than 60 experts and leaders from the logistics, maritime and aviation industries will share their insights at the two-day programme.

Today's opening session was officiated by Carrie Lam, Chief Executive of the HKSAR. Margaret Fong, Executive Director of the HKTDC, welcomed international delegates to the conference, saying: "While the global pandemic has necessitated the conference to be held online, it will not impede our ability to provide a platform for learning, sharing and networking. In fact, the online format allows the conference to move beyond the limits of a physical location to connect global participants to a world of industry insights and expertise." Also new this year, "Aviation" has been added to the conference name to highlight the industry's importance.

Given the current challenges faced by the logistics, maritime and aviation industries, ALMAC Online is running under the theme "Capturing Opportunities Amidst Volatility". The conference features more than 60 industry elite speakers who exchange their experiences in coping with the impact of the pandemic and, more importantly, share their forward-looking insights for future business development. With Asia playing a key role in global supply chain transformation under the new normal, ALMAC Online puts a sharp focus on examining Asia's future role and cooperation within the region.

International participation from online to offline

This year, more than 3000 industry elites from over 60 countries and regions have registered for the annual logistics event. Numerous virtual business-matching sessions and roundtables have been organised to connect participants from around the world — including countries such as France, Germany and Italy as well as various Asian countries and regions — with industry players and chambers from Hong Kong and Mainland China, helping them expand business connections and explore partnership opportunities. At the same time, participants from different parts of the world are joining ALMAC Online from nine satellite venues, where sessions are held and live-streamed.

AI-driven business matching creates more connections

The ALMAC Online platform also provides several interactive functions that serve to connect different industry players around the world. Click-to-connect enables audience to identify potential partners with ease, perform one-on-one video conferencing, and exchange business cards. Online networking and artificial intelligence-(AI) driven business-matching services are also provided, creating easy connections between potential business partners. The Consultancy and Services Lounge also connects participants with some leading logistics technology and solutions providers. A total of 150-200 business matching meetings are expected to be held during the conference. Leading professionals and associations provide complimentary advisory services at the Meet the Experts and Meet the Shippers sessions, covering areas such as supply chain management and changing trade flows.

Air Freight Forum examines air cargo demand and industry collaboration

While the pandemic has brought unprecedented challenges to the air cargo industry, soaring demand for COVID-19 vaccines and e-commerce deliveries requires companies to maintain operational resilience and service excellence. This and other topical issues were discussed as ALMAC Online kicked off this morning with the Air Freight Forum, co-organised with Airport Authority Hong Kong under the theme "Overcoming Challenges to Prevail under the Pandemic". Several salient topics were explored, including global air cargo demand, operational agility, COVID-19 vaccine air logistics, cross-border e-commerce and industry collaboration. Chaired by Yvonne Ho, General Manager, Hong Kong and Macau, International Air Transport Association, the speakers included Marco Bloemen, Managing Director, Seabury Consulting; Frosti Lau, Chairman, HKIA Air Cargo Carrier Liaison Group; Tony Khan, President and Representative Director, DHL Express Japan; Frederic Leger, Director APCS Products, International Air Transport Association; William Xiong, Chief Strategist and General Manager for Export & Global Logistics, Cainiao Network; and Alaina Shum, General Manager, Aviation Logistics, Airport Authority Hong Kong.

Maritime Forum focuses on Hong Kong's role

The pandemic has disrupted the operation of the maritime industry but it has also inspired innovation and digitalisation that mitigate the impact. The outlook for the sector was in focus as the keynote address at this afternoon's Maritime Forum was delivered by Kitack Lim, Secretary-General, International Maritime Organization, who shared his thoughts on future business perspectives in the industry. This was followed by a session titled "The Way Forward for Hong Kong as an International Maritime Centre and its Role in the Guangdong-Hong Kong-Macao Greater Bay Area", with speakers including Benjamin Wong, Head of Maritime Cluster, InvestHK; Captain Bjorn Hojgaard, Chairman, Hong Kong Shipowners Association; Hing Chao, Executive Chairman, Wah Kwong Maritime Transport Holdings; Kenneth Lam, Chairman & CEO, Credit Agricole Asia Shipfinance Limited; and Rosita Lau, Partner, Hong Kong, Ince & Co. Discussions focused on lessons learned from the COVID-19 pandemic, how the industry should adapt to the new normal in the post-pandemic world, and sustaining Hong Kong's position as an international maritime centre in the midst of uncertainties in trade and related regulations. The session also explored how Hong Kong can leverage its strengths in ship management, ship financing and maritime legal services for maintaining a key strategic role in the Greater Bay Area.

The Maritime Forum also featured sessions titled "A Catalyst for Change", with speakers including Jeremy Nixon, CEO, Ocean Network Express; Huang Xiaowen, Executive Vice President, China COSCO Shipping Corporation Limited; Esben Poulsson, Chairman, International Chamber of Shipping; and Vincent Clerc, CEO of Ocean and Logistics, A.P.Moller-Maersk. Panel members shared on the latest developments in the shipping industry, operational challenges brought about by COVID-19, the roadmap for recovery, and digital transformation trends in the face of an uncertain future.

Power Dialogue sessions at the forum featured Kelvin Leung, CEO, Asia Pacific, DHL Global Forwarding, Grom Alexey Nikolaevich, CEO, Chairman of the Board, United Transport and Logistics Company – Eurasian Rail Alliance (UTLC ERA) and Zheng Shuangli, Director of Operations, Chengdu International Railway Port Investment & Development (Group) Co., Ltd. They examined Asian connectivity under the new normal and how the logistics industry can design smarter, stronger, better connected and more diverse supply chains to rebuild resilience and better manage future risk.

Supply Chain Management Forums cover logistics automation and social commerce

As logistics and supply chains become increasingly AI-driven, the second day of the conference will feature two Supply Chain Management Forums examining the role of transformational automation and the new trend of social commerce. Speakers at the first forum, co-organised with the Hong Kong Shippers' Council, will include Sunny Ho, Executive Director, Hong Kong Shippers' Council; Wu Ying Ying, Solution Head, Hangzhou Hikvision Robotics Technology; Michael Xie, Head, DHL Consulting China; and Lyan Law, Senior Consultant, Industry 4.0 and Smart Manufacturing, Hong Kong Productivity Council. They will examine automation, robotics and the deployment of AI in logistics and supply chains.

The second session, co-organised with GS1 Hong Kong, will be chaired by Heidi Ho, Principal Consultant, GS1 Hong Kong, with a panel featuring James Li, Head of Operations, Shopee Cross-Border; Tom Lin, Hong Kong/Taiwan Supply Chain Director, Procter & Gamble; and Ben Au, General Manager, Empower SCM Ltd. Under the theme "Shaking up Supply Chain Management from E-commerce to Social Commerce", this session will look into the relationship between social commerce and supply chains/logistics; how the supply chain and logistics sector is responding to changing trends; and how industry players can grasp the opportunities arising from social commerce.

ALMAC finale: WTO addresses outlook for industry recovery

The Closing Plenary session and respective keynote address, co-organised with The Hang Seng University of Hong Kong, will feature Yonov Frederick Agah, Deputy Director-General, World Trade Organization (WTO), sharing his views on the theme "World Trade Organisation Outlook for Charting Recovery". According to the latest World Trade Report from the WTO, trade costs brought about by COVID-19 are closely related to trade policy uncertainty and restrictions on travel and transportation. The impact of the pandemic on the logistics industry has been widespread, with global air freight and ocean freight volumes shrinking substantially amid land border closures, along with a halt to business travel that is crucial for connecting trade and managing global value chains. With a potential trade rebound being hindered by increasing trade policy barriers and regulatory differences as well as cyber disruptions, this session will examine the outlook for world trade and how the industry and governments can help mitigate disruption.

World-renowned speakers on global logistics risks

The logistics, maritime and aviation industries face continued risks from escalating trade disputes, the pandemic and cyber disruptions, while the process of globalisation is challenged by geopolitical tensions and trade protectionism. Under these circumstances, global traders need to be more flexible in sourcing and production operations. Addressing these issues, ALMAC's Closing Plenary will see leaders from different spheres share strategies for minimising the global logistics risks that lie ahead and assess the outlook for the industry under more volatile trade and business environments. Dr Agah will also speak at the Closing Plenary, titled "Leading through the New Paradigm of Global Logistics Risks under an Uncertain Trading Environment and Cyber Disruptions", with other heavyweight speakers including Fox Chu, Partner, McKinsey; Jan Hoffmann, Chief, Trade Logistics Branch, United Nations Conference on Trade and Development; Kenny Ye, Chief Operation Officer, Orient Overseas Container; Christopher Chan, Partner and Hong Kong Head of Shipping, Offshore and Logistics, Holman Fenwick Willan; Mathieu Renard Biron, Managing Director, Global Freight Forwarding, Kerry Logistics; and Stone Ho, Group Vice President, Apex Logistics International.

MarketTalks return to explore logistics opportunities

Launched last year, InnoTalks and MarketTalks both return in 2020. The InnoTalks sessions feature innovative solutions to help conference participants keep abreast of the technological developments in the logistics industry and generate new impetus in their business. MarketTalks sessions, meanwhile, feature key industry players from Mainland China, the United Arab Emirates (UAE), India, Malaysia and Thailand leading attendees in exploring new business opportunities among logistics ecosystems. Today, Liu Libing, Director of Marketing, New Land-Sea Corridor Operation Co, Ltd, shared on the current situation regarding the New International Land-Sea Trade Corridor after nearly five years of development and explained how corporations can grasp opportunities arising from the corridor. Dato' Hasan Azhari HJ. Idris, CEO, Invest Selangor, explored opportunities for halal logistics in Selangor. Ghanyapad Tantipipatpong, Chairwoman, Thai National Shippers' Council, shared on the shift in supply chain strategies from globalisation to regionalisation. In other sessions, Xerrxes Master, Vice President, Association of Multimodal Transport Operators of India, provided updates on India's logistics industry and discussed the path to excellence. Tomorrow, Mohsen Ahmad, CEO – Logistics District, Dubai South, will focus on how the EZDubai development is positioning Dubai as a key hub for e-commerce.

Websites
ALMAC Online: https://www.almac.hk/main/en
ALMAC Online Speaker List: https://www.almac.hk/main/en/speaker/2020speaker
ALMAC Online Programme: https://www.almac.hk/main/en/s/info-programme
Photo download: https://bit.ly/2UvLrah

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Contact:
Christine Kam, Tel: +852 2584 4514, Email: christine.kam@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com