Insight – Page 20
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NewsIntercargo warns of Sulphur 2020 safety issues
The International Association of Dry Cargo Shipowners (Intercargo) has expressed growing concern about the implementation of the IMO 2020 sulphur cap and the availability of safe, compliant fuels.
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NewsA record year for offshore project sanctioning?
Offshore project sanctioning in 2019 has surpassed USD50 billion in value, according to industry analyst Rystad Energy.
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NewsITI and FHS to open Florida training centre
Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
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NewsESTA joins EC best practice project
The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practice in the wind power sector”.
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NewsGulf of Guinea still piracy hot spot
Of the 75 seafarers taken hostage or kidnapped for ransom worldwide this year so far, 62 were captured in the Gulf of Guinea – off the coasts of Nigeria, Guinea, Togo, Benin and Cameroon – according to the International Maritime Bureau (IMB).
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NewsMaersk sets ambitious logistics goals
A.P. Møller Mærsk reportedly wants half of its earnings to come form inland logistics, according to a report in the Wall Street Journal (WSJ).
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NewsBleaker outlook for multipurpose sector
Drewry has downgraded its outlook for the multipurpose shipping market in light of weaker projected global economic growth, greater competition from dry bulk and container sectors, and a lack of ship demolition activity.
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NewsLogistics confidence in the UK drops
Optimism in the UK’s logistics industry has fallen to its lowest level on record, according to the latest Logistics Confidence Index from Barclays and accountancy and business advisory firm BDO.
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NewsCanada approves ELD mandate
Last month, Canada’s transport ministry finalised an electronic logging device (ELD) mandate that will come into force on June 12, 2021, aligning the country’s vehicle regulations with the USA.
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NewsICS updates sulphur 2020 guidance
With six months to go until the implementation of the global sulphur cap on marine fuel, the International Chamber of Shipping (ICS) has updated its guidance for shipping companies.
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NewsGlobal trade barometer falling says DHL
For the first time since its launch in January 2018, the DHL Global Trade Barometer (GTB) indicates a slight contraction of worldwide trade for the next three months.
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NewsSlower growth hits oil markets
World trade growth has fallen back to its slowest pace since the financial crisis ten years ago and the consequences for oil demand are becoming apparent, according to the International Energy Agency (IEA).
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NewsMaintenance buoys non-renewable project logistics market
The need to maintain, rebuild or upgrade existing power plants to ensure they remain cost-effective and environmentally acceptable is generating significant logistics work for heavy lift service providers and project forwarders, writes Phil Hastings.
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NewsRepowering Spain’s wind farms
Wind power is big business in Spain, and confidence that this industry will remain a stable source of work for project logisticians is running high. Megan Ramsay reports.
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NewsContainer shipping swaps consolidation for logistics
Global container shipping lines are increasingly moving into the logistics business as they turn their back on large-scale consolidation activity, according to analyst Fitch Ratings.
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NewsRoad rules drive project cargoes onto rail
Germany is seeing more project cargoes switching to rail as road regulations are more strictly enforced, while in Russia the sheer distances involved ensure the economic advantages of rail, writes Yvonne Mulder.
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NewsPositive project logistics prospects for decommissioning
A growing need to decommission older non-renewable power plants, particularly nuclear, is set to create increasing business opportunities for heavy lift service providers over the next few years, writes Phil Hastings.
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NewsMultipurpose charter rates remain stable
Time charter rates in the multipurpose shipping sector have remained stable over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsEurope’s divided approach to China and the impact on logistics
The Chinese investment effort that seeks to deepen infrastructure links across Asia, Africa, Europe and Latin America – the Belt and Road Initiative (BRI) – is a step closer to expanding its influence in Europe. Sophie Barnes reports.
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NewsLet’s go fly a “K”ite
Kawasaki Kisen Kaisha (“K” Line) is installing an automated kite system onto one of its bulkers.