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Insight News from July 2019

Gulf of Guinea still piracy hot spot thumbnail image

Gulf of Guinea still piracy hot spot

July 15 - Of the 75 seafarers taken hostage or kidnapped for ransom worldwide this year so far, 62 were captured in the Gulf of Guinea – off the coasts of Nigeria, Guinea, Togo, Benin and Cameroon – according to the International Maritime Bureau (IMB).
Views: 708
Maersk sets ambitious logistics goals thumbnail image

Maersk sets ambitious logistics goals

July 10 - A.P. Møller Mærsk reportedly wants half of its earnings to come form inland logistics, according to a report in the Wall Street Journal (WSJ).
Views: 1861
Bleaker outlook for multipurpose sector  thumbnail image

Bleaker outlook for multipurpose sector 

July 5 - Drewry has downgraded its outlook for the multipurpose shipping market in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, and a lack of ship demolition activity.
Views: 1774
Logistics confidence in the UK drops thumbnail image

Logistics confidence in the UK drops

July 5 - Optimism in the UK’s logistics industry has fallen to its lowest level on record, according to the latest Logistics Confidence Index from Barclays and accountancy and business advisory firm BDO.
Views: 1421
Canada approves ELD mandate thumbnail image

Canada approves ELD mandate

July 2 - Last month, Canada’s transport ministry finalised an electronic logging device (ELD) mandate that will come into force on June 12, 2021, aligning the country’s vehicle regulations with the USA.
Views: 1522
ICS updates sulphur 2020 guidance thumbnail image

ICS updates sulphur 2020 guidance

July 1 - With six months to go until the implementation of the global sulphur cap on marine fuel, the International Chamber of Shipping (ICS) has updated its guidance for shipping companies.
Views: 1607

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