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ArticleFragile ceasefire brings hope for Red Sea revival
There was positive news out of the Middle East this week with an agreement between Israel and Hamas to pause fighting, raising hopes for the resumption of shipping services in the Red Sea. However, uncertainty looms as risks of resumed attacks and volatility in global trade routes remain high.
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ArticleCarbon capture prospects look bright – but costly
Growing worldwide interest in fitting carbon capture, utilisation and storage (CCUS) technology at fossil fuel power plants to reduce harmful CO2 emissions could create additional business opportunities for project logistics providers. Such technology is imperative in achieving net-zero targets while using fossil-fuelled power generation methods. While the prospects look good on paper, high costs mean many projects remain on the drawing board
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ArticleCan the subcontinent deliver on its green promises?
The Indian Subcontinent has begun the process of switching to green energy. This is one project freight market that promises to run and run. However, the task of weaning nearly 2 billion people off traditional power sources is gargantuan, writes Chris Lewis.
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ArticleFrance focuses on offshore evolution
The majority of project cargo demand in France stems from the wind energy sector, and there is an increasing focus on standard offshore and floating wind farms, writes Megan Ramsay.
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ArticleThe emissions playbook
Emission reduction has certainly been on the agenda of the heavy lift and project forwarding sphere in 2024.
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ArticleMovers and shakers
The project logistics and heavy lift market remains resilient as we close 2024, characterised by cautious optimism amid global volatility. Confidence in the industry has driven a wave of mergers, acquisitions, and market expansions, underscoring its strategic importance to global supply chains.
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ArticleCaribbean poised for a surge in project logistics activity
A green light for oil and gas development in Suriname heralds the next spate of project logistics activity, writes Ian Putzger.
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ArticleBIFA launches freight fundamentals course for media newcomers
The British International Freight Association (BIFA) is launching a new educational initiative designed specifically for journalists and other staff working with the media who are newcomers to the freight, shipping and logistics sector.
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ArticleNuclear power’s growth spurt
The nuclear power generation sector could be a panacea for the world’s energy needs. However, large-scale projects are often highly politicised and are subject to delays and cost overruns. SMR technology has been touted as an alternative, although this too faces public relations and permitting challenges, while development timelines are obscure. Project logisticians and heavy lift service providers remain sanguine on the prospects.
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ArticleArgentia’s growing role in global energy
From hosting North America’s first wind turbine marshalling yard to preparing for the tow-out of a colossal concrete gravity structure (CGS), the port of Argentia is rapidly transforming into a nexus for renewable energy projects and heavy lift operations. As demand for green hydrogen and sustainable fuels grows, Argentia’s developments signal a bright future for project cargo in Newfoundland and beyond.
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ArticleDownstream O&G sector on cusp of transformation
In the words of a recent report published by the World Refining Association: “The downstream energy industry finds itself at the nexus of transformation, propelled by a mosaic of innovations, challenges and aspirations.” For heavy lift and project freight forwarding companies, one resulting challenge is to assess which sectors are likely to offer the best future business opportunities − and when.
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ArticleProject logisticians and carriers weigh in on the future of CCUS
The carbon capture, utilisation and storage (CCUS) sector is on the radar of many project logisticians and multipurpose carriers. This nascent market is facing headwinds, however, with many CCUS projects deemed too expensive to work on a commercial basis. Still, some firms are pressing ahead, despite technical and financial pressures.
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ArticleHuisman developing cranes with future requirements in mind
As offshore wind turbines increase in size, Cees van Veluw, product director for cranes at Huisman, noted that the lifting gear used to handle turbine components has to offer increasingly high capacities – an area in which Huisman has plenty of experience.
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ArticleLiebherr takes wind energy focus
Daniel Searle spoke with German manufacturer Liebherr on its range of equipment suited to the handling of wind energy cargoes.
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ArticleConcerted drive to futureproof European ports
Europe has been in an economic malaise and industrial output has been on the wane. Still, there is a concerted drive to develop port infrastructure that is not only capable of handling the next generation of oversize cargoes but is sustainable and resilient. Technology and cooperation are touted as central to realising progress, although financial bottlenecks continue to hinder the market. David Kershaw reports.
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ArticleJapan: Wind offers project cargo promise but challenges remain
Much of Japan’s project logistics prowess is borne out of projects that are managed by the nation’s EPC contractors but are ultimately executed abroad. However, there are domestic opportunities in the renewables sector that are likely to keep the region’s logisticians busy if red tape and infrastructure challenges can be overcome.
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ArticleBusy US project logistics sector awaits election outcome
The USA’s project logistics business has been at full tilt in recent years. Although operators remain busy, there is growing caution about the market with projects on hold awaiting the outcome of autumn’s presidential race. Ian Putzger reports.
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ArticleCHIPS act spurs project logistics activity as power demands surge
The US government’s CHIPS and Science Act, signed in August 2022, has spawned the development of new semiconductor production facilities across the country. Those spoken with by Ian Putzger in HLPFI’s latest USA report highlight how this sector has emerged as a strong source of work for the project cargo community.
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ArticleUkraine conflict shaking up infrastructure in the Baltic and Caspian seas
The outbreak of war in Ukraine in 2022 led to a cascading of supply chain disruptions worldwide. The Caspian and Baltic regions have both been impacted significantly with the drive towards domestic alternative energy production being spurred on by a cutting off of Russian gas imports in the Baltics and the opening up of the Middle Corridor as a result of supply chain pressure through the Caspian.
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ArticleEnergy Hubs Newsletter: East Coast specialists in the thick of the action
Gregory DL Morris shares the latest updates from ports, terminals, developers and transport engineers active in the USA’s rapidly emerging offshore wind energy market. Activity is ramping up as project ownership is revised, with ports in the thick of the action.