Insight – Page 9
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NewsUSMCA moves forward
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.
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NewsLow-sulphur fuel prices rise
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.
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NewsLooking back on 2019
Reporting on the heavy lift and project forwarding sector over the course of 2019 has been a pleasure. Everyone at HLPFI would like to extend their gratitude to those that have continued to support this title in what has proven to be a tumultuous year.
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NewsBIMCO restructures committees
BIMCO has divided its Marine Committee in two, to “facilitate a better handling of the many important topics on the environment, safety and security agendas”, according to Angus Frew, the association’s secretary general and ceo.
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NewsRotterdam tests shore power options
The Municipality of Rotterdam and the Port of Rotterdam Authority have been trialling shore-power systems that aim to reduce air and noise pollution.
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NewsManagerial changes at Thomas Miller
Leo Kirchner will assume the role of president and ceo at Thomas Miller Americas when Mike Jarrett retires at the end of February 2020.
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NewsAntwerp moves ahead on carbon capture
A consortium at the port of Antwerp is to carry out a feasibility study into the development of carbon capture, utilisation and storage (CCUS) infrastructure as the port works toward reducing its environmental footprint.
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NewsFred. Olsen opens in Taipei
Fred. Olsen Ocean has opened a branch office in Taipei, Taiwan to support the growing offshore wind business in the Asia Pacific region.
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NewsSAL introduces FS MARINE+ emission reduction system
SAL Heavy Lift said that it has become the first shipping company in the world to introduce hydrogen/methanol emission reduction technology to its fleet.
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NewsBIMCO revising Dispute Resolution Clause
BIMCO’s Documentary Committee has agreed to revise and simplify its Dispute Resolution Clause.
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NewsICS launches ISM guidelines
The International Chamber of Shipping (ICS) has launched a completely new edition of its Guidelines on the Application of the IMO International Safety Management (ISM) Code.
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NewsTriumph winds down 747 part production
According to media reports, Triumph Group is winding down the production of parts for Boeing’s 747 aircraft.
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NewsSobering picture from DHL’s GTB
The DHL Global Trade Barometer (GTB) indicates that world trade will contract over the next three months.
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NewsNetworks attend sustainability summit
Representatives of the Worldwide Project Consortium (WWPC), Cargo Equipment Experts (CEE) and Priority Cargo Network attended the seventh Sustainable Ocean Summit in Paris during November.
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NewsAviva introduces renewable energy insurance package
Aviva has launched an insurance package designed specifically to support global renewable energy brokers and their commercial clients.
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NewsWind turbine OEMs to consolidate positions
Industry analyst Wood Mackenzie expects the top five leading wind turbine OEMs to control three quarters of the sector by 2028.
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NewsAllelys turns to RFID for inspection
Allelys has installed a bespoke inspection monitoring system designed by CoreRFID on its fleet of heavy haulage trailers.
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NewsCharter rates on an upward trajectory
Time charter rates in the multipurpose shipping sector have increased slightly over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsPCB 2020 to discuss ‘Energy in Transition’
The organiser of the Project Cargo & Breakbulk conference and exhibition 2020 (PCB 2020) has revealed the inaugural event’s conference theme and initial speakers.
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NewsEconomic outlook threatens recovery
The global economic outlook is one of the biggest risks to the recovery of the multipurpose shipping sector, according to maritime consultancy Drewry.