Insight – Page 16
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NewsLMA launches SOMWS
Lloyds Market Association (LMA) plans to launch the Society of Offshore Marine Warranty Surveyors (SOMWS) on September 18.
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NewsMund + Bruns renames in the USA
Houston-based Jaeckel Mund + Bruns has rebranded to correspond with its Bremen-headquartered parent company and will operate as Mund + Bruns.
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NewsMore infrastructure required for Arctic sailings
As the Northern Sea Route (NSR) becomes an increasingly attractive shipping lane, the International Union of Marine Insurance (IUMI) says more support is required to facilitate the provision of adequate insurance for Arctic sailings.
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NewsMPV fleet faces regulation changes
In just 16 months, the Sulphur 2020 regulations will come into effect and it could prove to be the tipping point for consolidation in the multipurpose fleet.
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NewsUpstream delivery finally hits the mark
According to industry analyst Wood Mackenzie, upstream oil and gas companies are increasingly delivering major capital projects on time and on budget.
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NewsDeveloping a green solution
Three of the marine sector’s major technology companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a viable option for ship owners and operators.
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IUMI launches tutorial programme
The International Union of Marine Insurance (IUMI) has launched an online cargo tutorial programme, specifically designed for intermediate-level cargo underwriters.
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NewsSovereignty of the seas
Russia, Iran, Azerbaijan, Kazakhstan and Turkmenistan have signed a landmark agreement on the Caspian Sea’s legal status, outlining the maritime borders and ending a 20-year long dispute.
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NewsIUMI nominates Turner
The International Union Marine Insurance (IUMI) has nominated Richard Turner, global marine director and European director of global risk solutions at RSA Insurance Group, for the role of president.
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NewsTrade tariffs take hold…
In its second-quarter analyst call, Caterpillar confirmed that the USA’s decision to impose import tariffs on steel and other metals will have a real effect on its businesses and customers in the second half of 2018.
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NewsBriese calls Globecomm to enhance vessel connectivity
Briese Schiffahrts has selected Globecomm Maritime to provide its Ku-band VSAT services to ensure its fleet of approximately 132 ships are connected to shore 24/7.
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NewsSingapore to host PPG training course
The Project Professionals Group (PPG) will host its Project Cargo Forwarding Certificate training course in Singapore from November 26-27, 2018.
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Technology to revolutionise freight forwarding
While the fundamentals of freight forwarding remain unchanged, the short-term future of the sector will be characterised by the introduction of technologies that unlock value and enhance capability.
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NewsICS welcomes sulphur cap efforts
The International Chamber of Shipping (ICS) says it is encouraged by efforts made to resolve some pressing practical challenges of the global implementation of the 0.5 percent sulphur in fuel cap, which comes into effect on January 1, 2020.
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Shipping losses decline, but risks remain
Large shipping losses have declined by more than a third (38 percent) over the past decade, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2018.
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NewsTrade war steams ahead
The trade war is a speeding train, accelerating with every trade-restrictive retaliatory measure imposed and becoming ever more difficult to stop, said the Baltic and International Maritime Council (BIMCO).
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NewsGlobal trade growth set to accelerate says DHL
The third DHL Global Trade Barometer (GTB) index has predicted that global trade growth will continue to accelerate over the next three months, despite increasing trade tensions.
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SC&RA encourages weather preparedness
The Specialized Carriers & Rigging Association (SC&RA) has published Severe Weather Guidelines for the crane and rigging industry.
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NewsInsourcing a key threat to forwarders
Logistics Trends & Insights has published its 2018 Evolving Freight Forwarding Market report, revealing that 54 percent of respondents think that shippers bringing their logistics functions in house is the biggest threat to the market.
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NewsMood is upbeat, but challenges to overcome
At this week's Breakbulk Europe event, during a discussion session on ocean-going issues, participants heard that companies on all sides of the supply chain still face many challenges.