Latest news from Heavy Lift & Project Forwarding International Magazine

Insight News from January 2020

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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
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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
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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
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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
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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
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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
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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
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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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