Insight – Page 3
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Article
Ukraine conflict shaking up infrastructure in the Baltic and Caspian seas
The outbreak of war in Ukraine in 2022 led to a cascading of supply chain disruptions worldwide. The Caspian and Baltic regions have both been impacted significantly with the drive towards domestic alternative energy production being spurred on by a cutting off of Russian gas imports in the Baltics and the opening up of the Middle Corridor as a result of supply chain pressure through the Caspian.
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CapPro news
Offshore wind surges amid policy uncertainly and turbine size race
Energy data and intelligence provider TGS has released its latest quarterly market overview report for global offshore wind. While there have been records set in terms of project awards, complications include low uptake in key markets and issues around the emergence of 20 GW turbines.
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Article
Energy Hubs Newsletter: East Coast specialists in the thick of the action
Gregory DL Morris shares the latest updates from ports, terminals, developers and transport engineers active in the USA’s rapidly emerging offshore wind energy market. Activity is ramping up as project ownership is revised, with ports in the thick of the action.
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Article
Quantifying the impact of the Red Sea crisis
Sea-Intelligence has shared data on the impact of the Red Sea crisis on the container shipping business.
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News
IUMI warns of ‘changing world’ for marine insurance
International Union of Marine Insurance (IUMI) president Frédéric Denèfle has cautioned of a changing world for the marine insurance sector.
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News
Cuxport gets expansion green light as Verdi calls on port workers to agree to latest offer
The EU has given the green light to Germany’s state support for infrastructure development at the port of Cuxhaven. Moreover, trade union Verdi recommends that its port worker members accept the latest labour agreement tabled.
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News
Record claim expected from Baltimore collapse
The collapse of the Francis Scott Key Bridge is not expected to have any long-term supply chain impact but is likely to result in the largest marine insurance claim in history, writes Gregory DL Morris.
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News
High hurdles cleared in decarbonisation push
The heavy lift and multipurpose shipping sector will play an integral role in the global energy transition, however, decarbonising its own activities has proven to be a challenge. Still, the regulatory net around the sector is tightening and the latest FuelEU Maritime rules are likely to have a significant impact.
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News
HLI Rail & Rigging takes next environmental steps
In February 2023, HLPFI reported that HLI Rail & Rigging had engaged GreenStream Sustainability Consulting to launch a climate strategy programme. Nearly 18 months on, we circled back to see how the business has adapted and is preparing to operate in a low-carbon future.
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News
Mammoet ready for zero onsite tailpipe emissions
Mammoet has reached the point where it can now offer a tailpipe emissions-free solution that could serve the entire lifting and transport scope of a project.
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News
The future of Indonesia’s energy ambitions
Indonesia looks set to continue creating project cargo handling work as its oil, gas and mining sectors shift into a higher gear.
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News
Logisticians react to global IT outage
A number of port authorities and shipping lines were impacted by a global IT outage last week, highlighting cybersecurity concerns.
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News
Newbuilds needed to balance multipurpose market
Multipurpose shipping analyst Drewry believes that market dynamics and a lack of newbuild orders will result in an unavoidable, significant increase in time charter rates.
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News
Shifting landscape and the green agenda
Shifts in the European political landscape have dominated the headlines recently, with elections in key wind energy markets likely to affect the fortunes of project logisticians and heavy transport companies.
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News
EU to impose steep tariffs on Chinese EVs
The ro-ro shipping market has been in rude health for the past couple of years moving its core commodity, cars, leaving limited space for heavy and project cargoes. However, the provisional imposition of steep tariffs on Chinese EVs could be another sign that the longer-term prospects for ro-ro are cooling.
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News
US offshore wind is back on track
First power began flowing earlier this year from what will be the first utility-scale offshore wind development off the US Atlantic coast and first steel is in the water for the next few projects. The feeder-barge system for supplying turbine components to foreign-flag installation vessels has been proven, and the first US-flag installation vessel has been launched.
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News
Almajdouie enhances heavy transport capabilities alongside Vision 2030
The Middle East has become a hub for project logistics with significant investments expected across major industry verticals. Leading this transformation is Saudi Arabia, driven by its Vision 2030 strategy to diversify its economy away from fossil fuels. Almajdouie Logistics is actively enhancing its capabilities to meet these demands.
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News
Cautious consistency about Mexican energy
With a change of leadership under way in Mexico following June elections, the incumbent administration is expected to maintain a focus on energy independence and self-sufficiency.
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News
Port of Baltimore returns to full-channel operations after tragic accident
The US Army Corps of Engineers successfully restored Baltimore’s Fort McHenry Federal Channel to its full operational dimensions earlier this week. This massive effort saw coordination among 56 agencies and the deployment of a global team of specialists. Gregory DL Morris details the significant adjustments made by ports, carriers, and forwarders across the Eastern Seaboard to manage the disruptions caused by the bridge collapse.
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News
Winds of change in Scotland’s offshore energy policy
With the collapse of the Scottish National Party (SNP)/Green coalition in April 2024, the new Scottish leadership has signalled that the country may take a fresh approach to the energy transition.