10th anniversary
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ArticleOn the ocean: Financial meltdown
“Back in 2007 business was good in project cargo,” said Martin Lanting, founder of diversified brokerage 24Vision, based in Rotterdam. “Everything was at record levels, and the offshore energy business was at big numbers. Oil was creeping up to USD100 a barrel and everyone was very excited. Until October 2008. After the demise of Lehman Brothers and the financial crisis, everything dropped dramatically, almost overnight.”
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ArticleOn the ocean: Climbing out of the Crisis
Common themes were apparent when industry chiefs were asked to identify the most disruptive events to affect the heavy lift and multipurpose shipping sector since 2007.
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ArticleOn the ocean: Project cargo gateways
The advent of containerisation revolutionised the role of the port in the logistics supply chain. Breakbulk gateways saw their traditional cargo base eroded as the mantra ‘that anything that can go in a container, will do so’ continued to ring true.
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ArticleOn the ocean: Red Box weathers the storm
One company that has been weathering the storm in the shipping sector is ZPMC-Red Box energy services, which founder Philip Adkins attributes to the company’s commitment to changing the business model under which logistics contracts that underpin major energy infrastructure projects are won. Adkins says that he was already predicting ...
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ArticleOn the ocean: Environmental matters
December 12, 2015, heralded a significant step towards lowering global greenhouse gas emissions (GHG) with the signing of the Paris agreement on climate change. As part of global efforts towards combatting climate change, environmental concerns have led to an increased focus on regulations in the shipping sector. The International ...
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ArticleNetworks: Building trust
When HLPFI was launched a decade ago, there were just a handful of project freight forwarder networks. Now there are more than 15 dedicated to this niche sector of the logistics industry – and, it seems, more can be expected.
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ArticleShippers and forwarders: State of Flux
Will freight forwarders survive as shippers increasingly go direct to carriers and equipment suppliers? Opinion is divided on the long-term future role – or even survival – of the traditional forwarders that handle heavy lift and project cargoes.
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ArticleAirfreight: Changing Relationships
A multitude of developments witnessed over the course of the past decade have forced airlines and charter brokers to become increasingly resourceful in order to meet the requirements of a project logistics sector that has grown ever more complex.