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Heavy Lift | Insight

Important insight from the service sectors of the heavy lift and project forwarding industry, including insurance, finance, law, safety, recruitment and training, surveying and transport engineering.

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: 1089
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: 1399
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: 1167
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: 1976
New sulphur regulations for Hong Kong and Taiwan thumbnail image

New sulphur regulations for Hong Kong and Taiwan

November 23 - Hong Kong and Taiwan will implement a local 0.5 percent sulphur cap from January 1, 2019, one year ahead of the International Maritime Organization’s (IMO) sulphur 2020 regulations, according to insurance provider Gard.
Views: 2258
Long-term growth of renewable energy requires structural change thumbnail image

Long-term growth of renewable energy requires structural change

November 23 - EY’s latest renewable energy attractiveness index (RECAI) reported little movement among the top ten markets for renewable energy installations, as governments and industry players continue to bide their time amid ongoing instability. 
Views: 1958
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: 2420
Companies prepare for Brexit thumbnail image

Companies prepare for Brexit

November 20 - While Germany's Cuxhaven Port Association plans to intensify its preparations for the UK's exit from the European Union (EU) next year, industrial relocation logistics company Modpack Group is optimistic about the opportunities Brexit will bring.
Views: 2712
BIMCO develops bunker clauses ahead of Sulphur 2020 thumbnail image

BIMCO develops bunker clauses ahead of Sulphur 2020

November 13 - The Baltic and International Maritime Council (BIMCO) has developed two bunker clauses to support the implementation of International Maritime Organization’s (IMO) sulphur 2020 regulations, which come into force on January 1, 2020. 
Views: 2868
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: 2910
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: 2781

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