Latest news from Heavy Lift & Project Forwarding International Magazine

Insight News from 2018

Shipping confidence dips thumbnail image

Shipping confidence dips

December 17 - According to the latest survey from international accountant and shipping adviser Moore Stephens, shipping confidence dipped slightly in the three months to end-November 2018 falling to 6 out of a maximum score of 10.
Views: 3309
BIMCO launches bunker clauses thumbnail image

BIMCO launches bunker clauses

December 10 - BIMCO has launched two sulphur content related bunker clauses: BIMCO 2020 marine sulphur content clause for time charter parties; and BIMCO 2020 fuel transition clause for time charter parties.
Views: 3358
MSC readies for additional costs from Sulphur 2020  thumbnail image

MSC readies for additional costs from Sulphur 2020 

December 6 - MSC Mediterranean Shipping Company has estimated that the various changes it is making to comply with the International Maritime Organization’s (IMO) Sulphur 2020 regulations will cost the shipping line in excess of USD2 billion per year. 
Views: 3612
Ports restrict the use of scrubbers ahead of Sulphur 2020 thumbnail image

Ports restrict the use of scrubbers ahead of Sulphur 2020

December 6 - Exhaust gas cleaning systems (EGCS), more commonly referred to as scrubbers, are an accepted way to comply with the upcoming Sulphur 2020 regulations, but several ports have banned the use of open-loop scrubbers in their waters. 
Views: 4376
FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms thumbnail image

FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms

December 5 - With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
Views: 3645
Verdicts announced in fraud trial thumbnail image

Verdicts announced in fraud trial

November 28 - On November 27, verdicts were announced at the UK's Southwark Crown Court regarding logistics activities relating to ConocoPhillips' Jasmine North Sea oil exploration project.
Views: 3851
Crawler crane market set for growth thumbnail image

Crawler crane market set for growth

November 23 - Shipments of crawler cranes are expected to grow at a compound annual growth rate of over 4 percent according to a new research report by Global Market Insights (GMI).
Views: 3177
Heavy-duty transport emissions set to decline thumbnail image

Heavy-duty transport emissions set to decline

November 21 - Reaching net-zero carbon emissions for heavy industry and heavy-duty transport sectors is technically and financially possible by mid-century – 2050 in developed countries and 2060 in developing countries - according to the Energy Transitions Commission.
Views: 3608
Can the market sustain USD100 oil? thumbnail image

Can the market sustain USD100 oil?

November 15 - With oil prices hovering around USD80 per barrel, industry analyst McKinsey suggests that a combination of factors could tighten oil markets further and propel the commodity past USD100.
Views: 3011
Banks reduce shipping exposure thumbnail image

Banks reduce shipping exposure

November 9 - As banks continue to distance themselves from the shipping sector, two of Germany’s prominent lenders - Commerzbank and Nord/LB - have announced further reductions in their shipping portfolios.
Views: 3454
Positive outlook for Entrec thumbnail image

Positive outlook for Entrec

November 8 - In announcing its third quarter financial results, specialised transportation and crane services provider Entrec has outlined its strategy and outlook for 2019.
Views: 3609
Scrubbers come under fire thumbnail image

Scrubbers come under fire

November 2 - As shipowners decide on how to comply with Sulphur 2020 regulations, Euronav ceo, Paddy Rodgers, has spoken out against the use of exhaust gas cleaning systems or “scrubbers”.
Views: 3176
Storage represents 'tipping point’ for renewables thumbnail image

Storage represents 'tipping point’ for renewables

October 26 - New energy storage technologies represent a “tipping point” for the wind and solar power generation sector, according to Bill Gross, founder and chairman of Idealab, a California-based venture capital firm.
Views: 2685
Coal comes under pressure thumbnail image

Coal comes under pressure

October 5 - While US President Donald Trump continues his efforts to revive the coal industry, governments across the Atlantic are vowing to crack down on greenhouse gas pollution and stop the use of the fossil fuel.
Views: 3484
Inward-looking policies threaten shipping's outlook thumbnail image

Inward-looking policies threaten shipping's outlook

October 4 - Uncertainty arising from wide-ranging geopolitical, economic and trade policy risks is redefining the maritime transport landscape and shaping the sector’s outlook, says the United Nations Conference on Trade and Development (UNCTAD).
Views: 2804
Industry seeks clarity ahead of Sulphur 2020 thumbnail image

Industry seeks clarity ahead of Sulphur 2020

October 3 - A survey conducted by global shipping consultancy Drewry reveals that there is considerable unease among global shippers/beneficial cargo owners (BCO) and freight forwarders ahead of the IMO’s sulphur 2020 emissions regulations.
Views: 3148
Preparing for the 2020 Sulphur Cap thumbnail image

Preparing for the 2020 Sulphur Cap

September 24 - Ahead of the global sulphur cap on marine emissions, the International Chamber of Shipping (ICS) has produced comprehensive guidance on implementation planning to help ensure compliance with the regulatory game changer.
Views: 1950
FROM THE MAGAZINE: Shock monitoring in transformer transportation thumbnail image

FROM THE MAGAZINE: Shock monitoring in transformer transportation

September 18 - Damage to transformers during transit can go unnoticed until after installation. However, impact monitoring during the move can highlight problems and save considerable time and expense, according to impact monitoring equipment manufacturer SpotSee. 
Views: 1848
Insourcing: a threat to project forwarders? thumbnail image

Insourcing: a threat to project forwarders?

September 14 - At the inaugural Project Cargo Summit, held at Rotterdam’s Onderzeebootloods this week, questions were raised about the future role of freight forwarders in the project cargo supply chain, as shippers start to bring their transport activities in-house.
Views: 2573
Huisman and ATC develop offshore training thumbnail image

Huisman and ATC develop offshore training

September 12 - Huisman and Australasian Training Company (ATC) have signed a cooperation agreement for the development of offshore crane training packages in Singapore.
Views: 2214
LMA launches SOMWS thumbnail image

LMA launches SOMWS

September 11 - Lloyds Market Association (LMA) plans to launch the Society of Offshore Marine Warranty Surveyors (SOMWS) on September 18.
Views: 1917
Mund + Bruns renames in the USA thumbnail image

Mund + Bruns renames in the USA

September 11 - Houston-based Jaeckel Mund + Bruns has rebranded to correspond with its Bremen-headquartered parent company and will operate as Mund + Bruns.
Views: 1745
More infrastructure required for Arctic sailings thumbnail image

More infrastructure required for Arctic sailings

September 4 - As the Northern Sea Route (NSR) becomes an increasingly attractive shipping lane, the International Union of Marine Insurance (IUMI) says more support is required to facilitate the provision of adequate insurance for Arctic sailings.
Views: 2456
MPV fleet faces regulation changes thumbnail image

MPV fleet faces regulation changes

August 31 - In just 16 months, the Sulphur 2020 regulations will come into effect and it could prove to be the tipping point for consolidation in the multipurpose fleet.
Views: 2527
Upstream delivery finally hits the mark thumbnail image

Upstream delivery finally hits the mark

August 24 - According to industry analyst Wood Mackenzie, upstream oil and gas companies are increasingly delivering major capital projects on time and on budget.
Views: 2471
Developing a green solution thumbnail image

Developing a green solution

August 24 - Three of the marine sector’s major technology companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a viable option for ship owners and operators.
Views: 2616
IUMI launches tutorial programme thumbnail image

IUMI launches tutorial programme

August 21 - The International Union of Marine Insurance (IUMI) has launched an online cargo tutorial programme, specifically designed for intermediate-level cargo underwriters.
Views: 2600
Sovereignty of the seas thumbnail image

Sovereignty of the seas

August 17 - Russia, Iran, Azerbaijan, Kazakhstan and Turkmenistan have signed a landmark agreement on the Caspian Sea’s legal status, outlining the maritime borders and ending a 20-year long dispute.
Views: 2615
FROM THE MAGAZINE: An overlooked link in the supply chain thumbnail image

FROM THE MAGAZINE: An overlooked link in the supply chain

August 17 - The safe arrival of oversized and heavy project cargoes is directly related to how well they are packed and secured. Paul Lucas highlights some of the challenges facing packing and crating companies around the world.
Views: 3125
IUMI nominates Turner thumbnail image

IUMI nominates Turner

August 15 - The International Union Marine Insurance (IUMI) has nominated Richard Turner, global marine director and European director of global risk solutions at RSA Insurance Group, for the role of president.
Views: 2967
Trade tariffs take hold… thumbnail image

Trade tariffs take hold…

August 8 - In its second-quarter analyst call, Caterpillar confirmed that the USA’s decision to impose import tariffs on steel and other metals will have a real effect on its businesses and customers in the second half of 2018.
Views: 3573
Singapore to host PPG training course thumbnail image

Singapore to host PPG training course

August 1 - The Project Professionals Group (PPG) will host its Project Cargo Forwarding Certificate training course in Singapore from November 26-27, 2018.
Views: 3838
Technology to revolutionise freight forwarding thumbnail image

Technology to revolutionise freight forwarding

August 1 - While the fundamentals of freight forwarding remain unchanged, the short-term future of the sector will be characterised by the introduction of technologies that unlock value and enhance capability.
Views: 3828
FROM THE MAGAZINE: Breakbulk is all set for Houston  thumbnail image

FROM THE MAGAZINE: Breakbulk is all set for Houston 

July 31 - With just over two months to go before the start of Breakbulk Americas 2018, Ian Matheson previews parts of the conference programme and provides some information on other aspects of the region’s largest event for the project logistics sector. 
Views: 3420
ICS welcomes sulphur cap efforts thumbnail image

ICS welcomes sulphur cap efforts

July 20 - The International Chamber of Shipping (ICS) says it is encouraged by efforts made to resolve some pressing practical challenges of the global implementation of the 0.5 percent sulphur in fuel cap, which comes into effect on January 1, 2020.
Views: 4108
Shipping losses decline, but risks remain thumbnail image

Shipping losses decline, but risks remain

July 19 - Large shipping losses have declined by more than a third (38 percent) over the past decade, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2018.
Views: 4445
FROM THE MAGAZINE: Commodities outlook improves thumbnail image

FROM THE MAGAZINE: Commodities outlook improves

July 17 - Commodity prices are rising and new projects are being approved around the world as energy majors, having driven down costs, begin to invest some of their cash stockpiles, writes David Kershaw.
Views: 3968
Trade war steams ahead thumbnail image

Trade war steams ahead

July 3 - The trade war is a speeding train, accelerating with every trade-restrictive retaliatory measure imposed and becoming ever more difficult to stop, said the Baltic and International Maritime Council (BIMCO).
Views: 5238
Global trade growth set to accelerate says DHL thumbnail image

Global trade growth set to accelerate says DHL

June 27 - The third DHL Global Trade Barometer (GTB) index has predicted that global trade growth will continue to accelerate over the next three months, despite increasing trade tensions.
Views: 5275
SC&RA encourages weather preparedness thumbnail image

SC&RA encourages weather preparedness

June 21 - The Specialized Carriers & Rigging Association (SC&RA) has published Severe Weather Guidelines for the crane and rigging industry. 
Views: 5714
Insourcing a key threat to forwarders thumbnail image

Insourcing a key threat to forwarders

June 13 - Logistics Trends & Insights has published its 2018 Evolving Freight Forwarding Market report, revealing that 54 percent of respondents think that shippers bringing their logistics functions in house is the biggest threat to the market.
Views: 6258
FROM THE MAGAZINE: Super-heavy sector adapts thumbnail image

FROM THE MAGAZINE: Super-heavy sector adapts

June 11 - The heavy lift and semi-submersible side of the shipping sector is certainly in a state of flux. Ian Matheson discusses the changes witnessed at those shipping lines serving the super-heavy cargo end of the spectrum. 
Views: 5801
FROM THE MAGAZINE: Navigating changes to anti-bribery enforcement thumbnail image

FROM THE MAGAZINE: Navigating changes to anti-bribery enforcement

June 11 - With the US Department of Justice providing incentives for companies to voluntarily disclose any corruption they uncover, there is a stronger reason for companies to self-police, explains Robert Clark of TRACE International in HLPFI's July/August edition.
Views: 5924
FROM THE MAGAZINE: A new era? thumbnail image

FROM THE MAGAZINE: A new era?

June 11 - Taken from HLPFI’s 10th anniversary edition, David Kershaw investigates the application of new technology in the heavy lift and project forwarding industry. 
Views: 6487
FROM THE MAGAZINE: A new era of green shipping thumbnail image

FROM THE MAGAZINE: A new era of green shipping

June 1 - In 2017, new environmental regulations for the shipping industry came into force or were finalised, and progress was made on the future regulatory landscape for the sector. This year has already continued the development of a greener shipping industry.
Views: 318
Mood is upbeat, but challenges to overcome thumbnail image

Mood is upbeat, but challenges to overcome

June 1 - At this week's Breakbulk Europe event, during a discussion session on ocean-going issues, participants heard that companies on all sides of the supply chain still face many challenges.
Views: 6823
Germany set to increase HGV tolls thumbnail image

Germany set to increase HGV tolls

May 25 - The German cabinet has passed the fifth Federal Road Toll Act (Bundesfernstraßenmautgesetz). Starting January 1, 2019, there will be an increase in the tolls imposed on heavy goods vehicles (HGV).
Views: 6992
AGCS expands insurance offering thumbnail image

AGCS expands insurance offering

May 23 - Allianz Global Corporate & Speciality (AGCS), Allianz Group’s specialist corporate insurer, has formed a partnership with its engineering division to offer expanded project cargo coverage.
Views: 5814
ICS fears chaos and confusion thumbnail image

ICS fears chaos and confusion

May 22 - The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the International Maritime Organization (IMO) resolves issues concerning the implementation of the 0.5 percent sulphur in marine fuel cap.
Views: 6371
ICS warns on looming sulphur cap thumbnail image

ICS warns on looming sulphur cap

May 11 - The International Chamber of Shipping's (ICS) chairman, Esben Poulsson, has warned IMO member states that the implementation date of the 0.5 percent global sulphur in fuel cap is fast approaching, suggesting that “time is fast running out."
Views: 5734
Drewry remains optimistic on multipurpose recovery thumbnail image

Drewry remains optimistic on multipurpose recovery

April 20 - During a webinar earlier this week looking at the latest trends and outlook for the multipurpose shipping market, covering both breakbulk and project cargo sectors, Drewry repeated its optimistic forecast for the sector, predicting further rec
Views: 5603
IMO reaches landmark GHG agreement thumbnail image

IMO reaches landmark GHG agreement

April 13 - Delegates at the International Maritime Organization's (IMO) 72nd Marine Environment Protection Committee (MEPC 72) have agreed on a greenhouse gas (GHG) reduction strategy for the international shipping industry.
Views: 3800
Global standard for airfreight of animals launched thumbnail image

Global standard for airfreight of animals launched

April 12 - The International Air Transport Association (IATA) has recently launched a new standardised global certification programme to improve the safety and welfare of animals travelling by air.
Views: 3888
MEPC 72 kicks off in London thumbnail image

MEPC 72 kicks off in London

April 9 - The International Maritime Organization's Marine Environment Protection Committee (MEPC 72) meeting is now under way at the IMO headquarters in London, discussing the adoption of an initial greenhouse gas (GHG) reduction strategy.
Views: 4554
Protectionist risks remain for airfreight thumbnail image

Protectionist risks remain for airfreight

April 9 - The International Air Transport Association (IATA) has released demand growth results for global airfreight markets for February 2018, showing a 6.8 percent increase in demand measured in freight tonne kilometres (FTKs) compared to the same peri
Views: 4240
Re-export regime set to launch in Australia thumbnail image

Re-export regime set to launch in Australia

April 6 - According to a customer advisory issued by Depth Logistics, The Department of Agriculture and Water Resources (DAWR) in Australia has announced a re-export regime coming into force under the Biosecurity Act 2015.
Views: 7331
SC&RA launches UPT2021 initiative thumbnail image

SC&RA launches UPT2021 initiative

March 29 - The Specialized Carriers & Rigging Association (SC&RA) has launched the Uniform Permit Transport 2021 (UPT2021) initiative, which aims to establish harmonisation in weight allowances and permitting systems across all 50 US states.


Views: 3275
Shipping confidence hits four-year high thumbnail image

Shipping confidence hits four-year high

March 29 - In the three months to end-February 2018, shipping confidence reached a four-year high, according to international accountant and shipping adviser Moore Stephens.
Views: 3304
Compromise needed for IMO strategy thumbnail image

Compromise needed for IMO strategy

March 26 - The International Chamber of Shipping (ICS) has urged governments to compromise in order to help the International Maritime Organization (IMO) agree on a strategy for the further reduction of CO2 emissions in the shipping industry.
Views: 2754
Steel tariffs threaten global shipping thumbnail image

Steel tariffs threaten global shipping

March 23 - The Baltic and International Maritime Council (BIMCO) has warned that while the USA's metals tariff will have a limited impact on most international bulk trades, it could have a negative impact on global shipping.
Views: 2869
IMO's fuel data reporting now in force thumbnail image

IMO's fuel data reporting now in force

March 13 - The mandatory fuel consumption data collection system for international shipping, adopted by the International Maritime Organization (IMO) in October 2017, has now entered into force, requiring ships above 5,000 gwt to start collecting and repo
Views: 2423
ESTA and FEM summit puts safety in focus thumbnail image

ESTA and FEM summit puts safety in focus

March 8 - The third ESTA and FEM Experts Summit, held in Hamburg on March 6, brought together industry speakers from across the wind energy supply chain to discuss the safety and standards in onshore wind farm construction.
Views: 2476
FROM THE MAGAZINE: Arctic shipping awakes thumbnail image

FROM THE MAGAZINE: Arctic shipping awakes

March 1 - Mariners have long sought viable east-west routes across the roof of the world as an alternative to traditional routes. Keith Wallis analyses how the Northern Sea Route is becoming an increasingly viable shipping lane.
Views: 1659
No delay for Sulphur Cap implementation thumbnail image

No delay for Sulphur Cap implementation

February 28 - Kim Yeon-tae, executive director of the Korean Register is unequivocal when he states that the chances of postponing the Sulphur Cap 2020, "are very, very small".
Views: 2043
SafeWaters expands insurance offering thumbnail image

SafeWaters expands insurance offering

February 15 - SafeWaters Underwriting Managers has entered a delegated authority underwriting agreement to provide the US and Latin American markets with an expanded insurance offering of ocean marine products, backed by Aspen Insurance.
Views: 1037
AAPA pleased with Trump's infrastructure plan thumbnail image

AAPA pleased with Trump's infrastructure plan

February 14 - President Donald Trump has called on Congress to pass his long-awaited national infrastructure rebuilding plan, which proposes allocating USD200 billion for direct federal spending for US infrastructure over the next ten years.
Views: 1517
IMO agrees carriage ban of non-compliant fuels thumbnail image

IMO agrees carriage ban of non-compliant fuels

February 12 - The International Maritime Organization (IMO) has agreed to move forward with a ban on the carriage of fuel oil for use on board ships, when that fuel oil is not compliant with pending sulphur limits.
Views: 1213
Insurers warn on sulphur cap thumbnail image

Insurers warn on sulphur cap

February 5 - As the IMO's 2020 sulphur cap draws closer, insurance broker Marsh has emphasised that non-compliance with the regulations could allow a ship to be declared unseaworthy, threatening to invalidate liability insurance cover.
Views: 712
Drewry - brighter future for MPVs thumbnail image

Drewry - brighter future for MPVs

February 2 - According to Drewry Maritime Research, the economics suggest that the multipurpose (MPV) shipping sector should be performing much better than it actually is. Demand growth has been steady, outstripping the supply of new vessels. However, own
Views: 814
FROM THE MAGAZINE: A year of upheaval thumbnail image

FROM THE MAGAZINE: A year of upheaval

February 1 - 2017 proved to be another tough year for the heavy lift and project forwarding sector, as HLPFI reported in the January/February 2018 edition.
Views: 311
Calls for carriage ban of non-compliant fuels thumbnail image

Calls for carriage ban of non-compliant fuels

January 23 - Environmental organisations have teamed up with international shipping associations to call for a carriage ban of non-compliant marine fuels when the global 0.5 percent sulphur cap takes effect in 2020.
Views: 677
Thomas Miller acquires Brookes Bell thumbnail image

Thomas Miller acquires Brookes Bell

January 22 - UK-based insurance provider Thomas Miller has acquired marine consultancy Brookes Bell for an undisclosed amount.
Views: 667
Truck emission rules set to tighten thumbnail image

Truck emission rules set to tighten

January 15 - From January 1, 2019, there will be a requirement that all newly produced trucks within the EU will have to have their CO2 emissions and fuel consumption determined and declared.
Views: 891
Malin Integrated Solutions launches thumbnail image

Malin Integrated Solutions launches

January 12 - Scotland's Malin Group has formed a joint venture with Marint (Offshore Services) and Dixon Marine Consulting (DMC).
Views: 1195
BIMCO advises cautious optimism thumbnail image

BIMCO advises cautious optimism

January 5 - The Baltic International Maritime Council (BIMCO) has warned that while 2017 was a year of change, much of it for the better, a cautious approach is still needed for 2018 to maintain the progress already achieved.
Views: 586
Optimism could be triumphant thumbnail image

Optimism could be triumphant

January 4 - International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next twelve months.
Views: 592

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.