Insight – Page 18
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Triumph 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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Sobering 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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Networks 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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Aviva 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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Wind 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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How can logistics companies sidestep the scammers?
Business e-mail compromise scams defrauded approximately USD1.3 billion from organisations and individuals in 2018 – nearly 50 percent higher than in 2017. The logistics industry is particularly exposed to scams of this nature. Megan Ramsay reports.
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Allelys 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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Charter 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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PCB 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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Economic 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.
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Broken promises leave the Balkans in limbo
In June, a divided European Union (EU) postponed the decision on opening accession talks with North Macedonia and Albania until October, leaving both countries questioning whether the door is half open, or half closed. Sophie Barnes reports.
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BIMCO to focus on sale and leaseback transactions
The Baltic and International Maritime Council (BIMCO) has started developing a new standard term sheet for ship sale and leaseback transactions.
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SGRE to buy Senvion assets
Siemens Gamesa Renewable Energy (SGRE) has reached agreement to acquire selected European assets of Senvion Group for EUR200 million (USD223.3 million).
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Rotor sails bring savings for Maersk
The installation of rotor sails on the tanker, Maersk Pelican, resulted in an 8.2 percent fuel saving over the course of a year, according to the wind propulsion system manufacturer Norsepower.
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Gard highlights scrubber-related claims
With the IMO 2020 deadline fast approaching, maritime insurance provider Gard has highlighted some of the recent scrubber-related claims it has handled.
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Time charter rates on the up
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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Innovating to push project logistics into the 21st century
Dennis Mottola, global logistics consultant, explains to David Kershaw why he is positive about the outlook for the logistics industry, despite a widespread need for modernisation.
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BIMCO to present sanctions clauses in December
The Baltic and International Maritime Council (BIMCO) is launching new sanctions clauses for time and voyage charters.
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MSC rules out NSR
MSC Mediterranean Shipping Company has confirmed that it will not explore the use of the Northern Sea Route (NSR) for container shipping between Europe and Asia.
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THLG heads to Helsinki for first customer event
The Heavy Lift Group (THLG) is holding its inaugural customer day to help its members offer better services to clients.