Insight – Page 23
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NewsLeaner and greener shipping to attract investment
Shipping will continue to attract investors in 2019, as long as the industry fulfils its environmental, social and governance (ESG) responsibilities, according to accountant and shipping adviser Moore Stephens.
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NewsSamskip takes lead in Seashuttle project
Multimodal logistics provider Samskip has been named lead partner in Seashuttle – a project that aims to bring emissions-free, autonomous container ships to market.
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NewsWikborg Rein adds three
International law firm, Wikborg Rein has appointed Renaud Barbier-Emery and Jonathan Goldfarb as partners, and Ina Lutchmiah as a senior lawyer.
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NewsShipping confidence dips
According to the latest survey from international accountant and shipping adviser Moore Stephens, shipping confidence dipped slightly in the three months to end-November 2018 falling to 6 out of a maximum score of 10.
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NewsCosts set to rise as Sulphur 2020 looms
With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
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NewsVerdicts announced in fraud trial
On November 27, verdicts were announced at the UK's Southwark Crown Court regarding logistics activities relating to ConocoPhillips' Jasmine North Sea oil exploration project.
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Long-term growth of renewable energy requires structural change
EY’s latest renewable energy attractiveness index (RECAI) reported little movement among the top ten markets for renewable energy installations, as governments and industry players continue to bide their time amid ongoing instability.
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NewsCrawler crane market set for growth
Shipments of crawler cranes are expected to grow at a compound annual growth rate of over 4 percent according to a new research report by Global Market Insights (GMI).
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NewsHeavy-duty transport emissions set to decline
Reaching net-zero carbon emissions for heavy industry and heavy-duty transport sectors is technically and financially possible by mid-century – 2050 in developed countries and 2060 in developing countries - according to the Energy Transitions Commission.
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NewsCompanies prepare for Brexit
While Germany's Cuxhaven Port Association plans to intensify its preparations for the UK's exit from the European Union (EU) next year, industrial relocation logistics company Modpack Group is optimistic about the opportunities Brexit will bring.
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Can the market sustain USD100 oil?
With oil prices hovering around USD80 per barrel, industry analyst McKinsey suggests that a combination of factors could tighten oil markets further and propel the commodity past USD100.
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NewsWhy does the transport industry need neutral cargo surveyors?
Christoph Bruns of Mund+Bruns GmbH defends the role and worth of the independent and neutral surveyor in the project cargo supply chain.
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BIMCO develops bunker clauses ahead of Sulphur 2020
The Baltic and International Maritime Council (BIMCO) has developed two bunker clauses to support the implementation of International Maritime Organization’s (IMO) sulphur 2020 regulations, which come into force on January 1, 2020.
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NewsBanks reduce shipping exposure
As banks continue to distance themselves from the shipping sector, two of Germany’s prominent lenders - Commerzbank and Nord/LB - have announced further reductions in their shipping portfolios.
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NewsPositive outlook for Entrec
In announcing its third quarter financial results, specialised transportation and crane services provider Entrec has outlined its strategy and outlook for 2019.
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NewsStorage represents 'tipping point’ for renewables
New energy storage technologies represent a “tipping point” for the wind and solar power generation sector, according to Bill Gross, founder and chairman of Idealab, a California-based venture capital firm.
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NewsSubstantial tranche of decommissioning work beckons
Decommissioning of oil and gas platforms has been a topic of discussion for a number of years and now a number of signals are indicating that this perennial non-starter could finally spring to life. David Kershaw reports.
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NewsDrewry sees improving prospects for the multipurpose sector
Surging growth in renewable energy generation around the world and a construction boom in southeast Asia that is expected to run for the next ten years bode well for multipurpose shipping fleet, says Drewry.
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NewsCoal comes under pressure
While US President Donald Trump continues his efforts to revive the coal industry, governments across the Atlantic are vowing to crack down on greenhouse gas pollution and stop the use of the fossil fuel.
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NewsInward-looking policies threaten shipping's outlook
Uncertainty arising from wide-ranging geopolitical, economic and trade policy risks is redefining the maritime transport landscape and shaping the sector’s outlook, says the United Nations Conference on Trade and Development (UNCTAD).