Latest news from Heavy Lift & Project Forwarding International Magazine

USMCA 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.

Mexico has already formally ratified the US-Mexico-Canada Agreement (USMCA), and Canada is expected to follow suit shortly. With regard to the USA, White House trade adviser Peter Navarro predicted that the deal will pass the senate as early as Friday.

The legislation will determine the USMCA effective date. In the meantime, NAFTA rules will remain in place.

Once Canada and the USA have completed their ratification process, all three countries will move to publish the new regulations. The months ahead will no doubt will be filled with announcements, clarifications and legal interpretations that will shape the North American supply chain.

Heavy Lift | News

Charter rates fall in January  thumbnail image

Charter rates fall in January 

January 17 - Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
Views: 405
French offshore contractors appointed thumbnail image

French offshore contractors appointed

January 15 - EDF Renewables selected a consortium of Atlantique Offshore Energy, GE Grid Solutions and DEME Offshore to deliver offshore substations for French offshore projects.
Views: 741
Brighter signs for multipurpose shipping thumbnail image

Brighter signs for multipurpose shipping

January 14 - The outlook for multipurpose shipping, comprising both breakbulk and heavy lift vessels, is brightening despite rising geopolitical risks and economic uncertainty, according to maritime consultancy Drewry.
Views: 1094

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