Latest news from Heavy Lift & Project Forwarding International Magazine

Insight News from 2020

Boskalis issues Covid-19 update thumbnail image

Boskalis issues Covid-19 update

April 2 - Royal Boskalis Westminster has suspended crew and project staff rotations in response to the outbreak of Covid-19, but cargo is still moving.
Views: 545
A bleak economic picture thumbnail image

A bleak economic picture

April 2 - As a result of the coronavirus outbreak, the Economist Intelligence Unit (EIU) has revised its growth forecasts for countries across the world.
Views: 418
Caterpillar considers Covid-19 impact thumbnail image

Caterpillar considers Covid-19 impact

March 30 - The magnitude of the Covid-19 pandemic will be determined by its duration, geographic spread, business disruption and overall impact on the global economy, says equipment manufacturer Caterpillar.
Views: 1045
Africa faces debt crisis thumbnail image

Africa faces debt crisis

March 27 - A research study by the Jubilee Debt Campaign (JDC) states that many poor African countries are already suffering from a debt crisis as a result of Covid-19.
Views: 830
SC&RA update on Essential Critical Infrastructure Workers thumbnail image

SC&RA update on Essential Critical Infrastructure Workers

March 26 - The Specialized Carriers & Rigging Association (SC&RA) is appealing to the US Department of Homeland Security to confirm that the crane, rigging, and specialised transportation industry is classified as Essential Critical Infrastructure Workers.
Views: 945
ICS and IAPH call for G20 support thumbnail image

ICS and IAPH call for G20 support

March 26 - The International Chamber of Shipping (ICS) and the International Association of Ports and Harbours (IAPH) have joined forces to call for swift action to support global supply chains from the impact of Covid-19.
Views: 822
Geodis introduces charter services thumbnail image

Geodis introduces charter services

March 25 - Geodis has launched charter services to secure air cargo capacity between China and Europe as well as on transatlantic routes.
Views: 1189
Saudia Cargo extends services thumbnail image

Saudia Cargo extends services

March 25 - Omar bin Talal Hariri, ceo of Saudi Airlines Cargo, said the carrier has taken proactive steps to ensure the continuity of its cargo operations.
Views: 837
Force majeure declared thumbnail image

Force majeure declared

March 25 - DHL Global Forwarding has invoked force majeure as a result of the Covid-19 coronavirus outbreak.
Views: 1567
Covid-19 tightens global grip thumbnail image

Covid-19 tightens global grip

March 24 - When China sneezes, the world turns to its sick bed. Although China is now in the recovery position and regaining strength, the rest of the world is battening down the hatches.
Views: 1629
Ex-Im supports US exporters thumbnail image

Ex-Im supports US exporters

March 24 - The US Export-Import Bank (Ex-Im) has introduced initial relief measures for US exporters and financial institutions to support American companies in the midst of the Covid-19 outbreak.
Views: 1192
China: A beacon of hope amid Covid-19 crisis  thumbnail image

China: A beacon of hope amid Covid-19 crisis 

March 23 - With a slowing number of new confirmed Covid-19 cases and a moderate recovery of its manufacturing output, China is showing the rest of the world that there is light at the end of the tunnel. 
Views: 1977
EBRD makes initial Covid-19 impact assessment thumbnail image

EBRD makes initial Covid-19 impact assessment

March 20 - Covid-19 will have a negative impact on economies across all European regions but the recovery could be robust once the outbreak is contained, according to the European Bank for Reconstruction and Development (EBRD).
Views: 1255
JCB halts UK production thumbnail image

JCB halts UK production

March 20 - Industrial equipment manufacturer JCB has stopped production at all of its UK plants as disruption resulting from the coronavirus pandemic caused a huge reduction in global demand.
Views: 1845
Tracking border delays with Sixfold thumbnail image

Tracking border delays with Sixfold

March 19 - EU leaders approved a complete shut down of the bloc's external borders to all non-essential travel, except truck deliveries, for the next 30 days to restrict the spread of Covid-19. Measures are being adopted to keep goods flowing within the EU too.
Views: 1388
StormGeo and DNV GL deepen partnership thumbnail image

StormGeo and DNV GL deepen partnership

March 19 - StormGeo and DNV GL have signed a memorandum of understanding (MoU) with the aim of driving digitalisation and data standardisation in the maritime industry.
Views: 1310
UK Chamber of Shipping calls for support thumbnail image

UK Chamber of Shipping calls for support

March 18 - The UK Chamber of Shipping has called for a multi-million pound relief package to support the shipping sector during the Covid-19 coronavirus outbreak.
Views: 1340
GPLN moves AGM to 2021 thumbnail image

GPLN moves AGM to 2021

March 18 - The Global Project Logistics Network (GPLN) has rescheduled its 17th annual general meeting (AGM) to May 2021.
Views: 1500
4D offers Incoterms training  thumbnail image

4D offers Incoterms training 

March 12 - 4D Supply Chain Consulting has introduced an e-learning training programme that outlines the impact of the new Incoterms 2020. 
Views: 1793
Covid-19 outbreak restricts multipurpose recovery thumbnail image

Covid-19 outbreak restricts multipurpose recovery

March 6 - The coronavirus (Covid-19) outbreak is expected to lead to weaker than expected full-year cargo demand growth for multipurpose and heavy lift vessels, according to Drewry.
Views: 2432
Boskalis ends 2019 well despite earnings dip thumbnail image

Boskalis ends 2019 well despite earnings dip

March 6 - Boskalis ended 2019 on a positive note and is back in the black, despite a slight dip in earnings. The Netherlands-headquartered maritime group said the outlook for 2020 is more favourable compared to last year.
Views: 1663
INO Summit cancelled thumbnail image

INO Summit cancelled

March 6 - The INO Summit – a joint conference that brings together the Freight Forwarders Family Worldwide Agents Network (3F), Freight Midpoint International Forwarders Network (FM) and Overseas Project Cargo Association (OPCA) – has been cancelled.
Views: 1375
Carriage ban enters force thumbnail image

Carriage ban enters force

March 3 - To support the implementation of the 2020 sulphur cap, the International Maritime Organization’s (IMO) ban on the carriage on non-compliant fuel oil entered force on March 1.
Views: 1861
CLA suspends services thumbnail image

CLA suspends services

March 3 - UK freighter operator CargoLogicAir (CLA) has confirmed to HLPFI’s sister publication Air Cargo News that it has suspended operations.
Views: 1714
FROM THE MAGAZINE: How proposed changes will clarify lashing rules  thumbnail image

FROM THE MAGAZINE: How proposed changes will clarify lashing rules 

March 3 - Paul Hoogenhout, senior project engineer at RollDock, discusses some of the proposed changes to Annex 13 of the IMO Code of Safe Practice for Cargo Stowage and Securing (CSS-Code), which provides guidance for the lashing and securing of project cargo. 
Views: 1705
EMS APO partners with University of Durrës thumbnail image

EMS APO partners with University of Durrës

March 2 - EMS Albanian Port Operator (EMS APO) has signed a cooperation agreement with the University of Durrës, Faculty of Professional Sciences that will see the company provide internship opportunities for students.
Views: 1424
DSV Panalpina opens China link thumbnail image

DSV Panalpina opens China link

February 26 - DSV Panalpina has started operating a Boeing 747-8 freighter three times per week, east and westbound, between Huntsville, Alabama in the USA (HSV) and Shanghai (PVG) to cope with capacity constraints caused by the coronavirus outbreak in China.
Views: 1643
West P&I to acquire NMI stake thumbnail image

West P&I to acquire NMI stake

February 24 - West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
Views: 1727
Buckner boosts training programme thumbnail image

Buckner boosts training programme

February 24 - Buckner Heavylift Cranes has added ITI Online's library of courses to supplement its monthly safety training curriculum.
Views: 1495
Airfreight industry responds to coronavirus outbreak thumbnail image

Airfreight industry responds to coronavirus outbreak

February 19 - Russia’s Volga-Dnepr Group has operated sterilised charter flights to China to deliver masks, sanitiser gels, pharmaceuticals and medical equipment in response to the coronavirus outbreak.
Views: 1673
Charter rates remain steady  thumbnail image

Charter rates remain steady 

February 18 - Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to shipbroker Toepfer Transport. 
Views: 1911
HTA adds training courses thumbnail image

HTA adds training courses

February 14 - The UK’s Heavy Transport Association (HTA) has launched two abnormal load escort training programmes.
Views: 1577
Breakbulk Asia postponed thumbnail image

Breakbulk Asia postponed

February 13 - Breakbulk Asia, which was originally scheduled to take place from March 18-19 in Shanghai, has been postponed as a result of the coronavirus outbreak.
Views: 1907
Logistics industry braces for a global slowdown thumbnail image

Logistics industry braces for a global slowdown

February 13 - The majority of logistics executives surveyed in Agility’s 2020 Emerging Markets Index expect a recession in the next 12 months, amid concerns about downward pressure on global trade volumes.
Views: 2485
UK launches consultation of free ports thumbnail image

UK launches consultation of free ports

February 11 - The UK is moving ahead with plans to establish up to ten free ports (also known as free-trade zones) in a bid to unlock post-Brexit opportunities and support logistics supply chains.
Views: 1936
North P&I updates platform to reflect coronavirus risk thumbnail image

North P&I updates platform to reflect coronavirus risk

February 5 - North P&I Club has developed its MyGlobeView platform so that it can provide live updates as to the number of confirmed cases of the coronavirus, countries at risk and what to look out for.
Views: 1718
UTC’s Poisler joins College of Technology thumbnail image

UTC’s Poisler joins College of Technology

January 30 - UTC Overseas’ chief operating officer global energy and capital projects, Marco Poisler, has joined the College of Technology at the University of Houston as an adjunct professor.
Views: 2298
Winds of change in the USA thumbnail image

Winds of change in the USA

January 29 - Research from various industry analysts suggest that both the onshore and offshore wind energy sectors in the USA are on the cusp of receiving huge surges of investments.
Views: 2347
Shipping should prepare for the spread of coronavirus thumbnail image

Shipping should prepare for the spread of coronavirus

January 28 - Maritime law firm Hill Dickinson has warned that the shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of coronavirus, which has originated in China.
Views: 2046
Navigating Sulphur 2020 thumbnail image

Navigating Sulphur 2020

January 24 - The International Maritime Organization (IMO) has praised the implementation of the 0.5 percent sulphur cap on marine fuel, claiming that, so far, the transition has been “relatively smooth”, although charter party disputes are expected to emerge soon.
Views: 1838
Decarbonising shipping comes at a USD1 tn cost thumbnail image

Decarbonising shipping comes at a USD1 tn cost

January 22 - At least USD1 trillion of capital investment in land-based and ship-related infrastructure is required to reach the 2050 goal of reducing shipping’s greenhouse gas emissions by 50 percent of 2008 levels.
Views: 2113
Charter rates fall in January  thumbnail image

Charter rates fall in January 

January 17 - Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
Views: 2379
French offshore contractors appointed thumbnail image

French offshore contractors appointed

January 15 - EDF Renewables selected a consortium of Atlantique Offshore Energy, GE Grid Solutions and DEME Offshore to deliver offshore substations for French offshore projects.
Views: 2093
Brighter signs for multipurpose shipping thumbnail image

Brighter signs for multipurpose shipping

January 14 - The outlook for multipurpose shipping, comprising both breakbulk and heavy lift vessels, is brightening despite rising geopolitical risks and economic uncertainty, according to maritime consultancy Drewry.
Views: 2932
GSF calls for scrutiny of sulphur surcharges  thumbnail image

GSF calls for scrutiny of sulphur surcharges 

January 7 - The Global Shippers Forum (GSF) is encouraging ocean freight customers to scrutinise surcharges from shipping lines designed to cover the cost of compliance with the IMO’s sulphur emissions regulations. 
Views: 2067
USMCA moves forward thumbnail image

USMCA moves forward

January 6 - On December 10, 2019, the USA, Canada and Mexico moved forward with the trilateral trade deal that is set to replace NAFTA, with the accord now in the hands of the US and Canadian legislatures for final approval.
Views: 2108
Low-sulphur fuel prices rise thumbnail image

Low-sulphur fuel prices rise

January 3 - Very-low sulphur fuel oil (VLSFO) prices had risen to USD710 per metric tonne in Singapore on January 2, 2020, a price increase of 30 percent when compared to December 2, 2019.
Views: 2824

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