Insight – Page 17
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ArticleOn the ocean: Financial meltdown
“Back in 2007 business was good in project cargo,” said Martin Lanting, founder of diversified brokerage 24Vision, based in Rotterdam. “Everything was at record levels, and the offshore energy business was at big numbers. Oil was creeping up to USD100 a barrel and everyone was very excited. Until October 2008. After the demise of Lehman Brothers and the financial crisis, everything dropped dramatically, almost overnight.”
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ArticleOn the ocean: Climbing out of the Crisis
Common themes were apparent when industry chiefs were asked to identify the most disruptive events to affect the heavy lift and multipurpose shipping sector since 2007.
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ArticleOn the ocean: Project cargo gateways
The advent of containerisation revolutionised the role of the port in the logistics supply chain. Breakbulk gateways saw their traditional cargo base eroded as the mantra ‘that anything that can go in a container, will do so’ continued to ring true.
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ArticleOn the ocean: Red Box weathers the storm
One company that has been weathering the storm in the shipping sector is ZPMC-Red Box energy services, which founder Philip Adkins attributes to the company’s commitment to changing the business model under which logistics contracts that underpin major energy infrastructure projects are won. Adkins says that he was already predicting ...
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ArticleOn the ocean: Environmental matters
December 12, 2015, heralded a significant step towards lowering global greenhouse gas emissions (GHG) with the signing of the Paris agreement on climate change. As part of global efforts towards combatting climate change, environmental concerns have led to an increased focus on regulations in the shipping sector. The International ...
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ArticleNetworks: Building trust
When HLPFI was launched a decade ago, there were just a handful of project freight forwarder networks. Now there are more than 15 dedicated to this niche sector of the logistics industry – and, it seems, more can be expected.
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News
AAPA pleased with final tax bill
The US Congress has passed the final Tax Cuts and Jobs Act legislation, including provisions related to tax-empt bond financing and wind energy production tax credits.
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NewsShipping confidence holds steady
Shipping confidence held steady at its highest rating for the past three-and-a-half years in the three months to end-November 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore S
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NewsESTA and FEM focus on wind turbine safety
Reducing accidents and improving safety during the erection and transportation of onshore wind turbines will be the focus of the third edition of the ESTA and FEM Experts Summit, which will be held in Hamburg on March 6, 2018.
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NewsBIMCO submits software maintenance standard
The Baltic and International Maritime Council (BIMCO) and Comité International Radio-Maritime (CIRM) have submitted a proposal for an industry-wide standard for software maintenance to the International Maritime Organization (IMO).
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NewsBIMCO updates BARECON
The Baltic and International Maritime Council (BIMCO) has published a new edition of BARECON, the industry's standard contract for bareboat chartering.
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NewsBIMCO boss extends contract
Angus Frew will extend his contract as secretary general and ceo of the Baltic and International Maritime Council (BIMCO) to the end of 2022.
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NewsAre you GDPR prepared?
Across the European Union, new data protection legislation, due to come into force on May 25, 2018, aims to reshape the way organisations across the region approach data privacy.
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NewsOperating costs set to rise
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens.
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NewsEntrec gets fresh funding
Entrec Corporation, the Alberta, Canada-based heavy haul transportation and crane solutions provider has obtained a five-year extension to its senior secured asset-based credit facility (the ABL Facility) with a syndicate of lenders led by We
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NewsAnother rise in shipping confidence
Shipping confidence has reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
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News
Alternative loan for ro-ro
The European Bank for Reconstruction and Development (EBRD) is providing a EUR27.5 million (USD32 million) loan to Turkey-based Alternative Transport to finance the acquisition of a EUR55.5 million (USD64.6 million) ro-ro vessel.