Insights – Page 18
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NewsAirfreight industry responds to coronavirus outbreak
Russia’s Volga-Dnepr Group has operated sterilised charter flights to China to deliver masks, sanitiser gels, pharmaceuticals and medical equipment in response to the coronavirus outbreak.
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NewsCharter rates remain steady
Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to shipbroker Toepfer Transport.
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NewsHTA adds training courses
The UK’s Heavy Transport Association (HTA) has launched two abnormal load escort training programmes.
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NewsBreakbulk Asia postponed
Breakbulk Asia, which was originally scheduled to take place from March 18-19 in Shanghai, has been postponed as a result of the coronavirus outbreak.
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NewsLogistics industry braces for a global slowdown
The majority of logistics executives surveyed in Agility’s 2020 Emerging Markets Index expect a recession in the next 12 months, amid concerns about downward pressure on global trade volumes.
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NewsUK launches consultation of free ports
The UK is moving ahead with plans to establish up to ten free ports (also known as free-trade zones) in a bid to unlock post-Brexit opportunities and support logistics supply chains.
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NewsNorth P&I updates platform to reflect coronavirus risk
North P&I Club has developed its MyGlobeView platform so that it can provide live updates as to the number of confirmed cases of the coronavirus, countries at risk and what to look out for.
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NewsUTC’s Poisler joins College of Technology
UTC Overseas’ chief operating officer global energy and capital projects, Marco Poisler, has joined the College of Technology at the University of Houston as an adjunct professor.
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NewsWinds of change in the USA
Research from various industry analysts suggest that both the onshore and offshore wind energy sectors in the USA are on the cusp of receiving huge surges of investments.
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NewsShipping should prepare for the spread of coronavirus
Maritime law firm Hill Dickinson has warned that the shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of coronavirus, which has originated in China.
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NewsNavigating Sulphur 2020
The International Maritime Organization (IMO) has praised the implementation of the 0.5 percent sulphur cap on marine fuel, claiming that, so far, the transition has been “relatively smooth”, although charter party disputes are expected to emerge soon.
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NewsDecarbonising shipping comes at a USD1 tn cost
At least USD1 trillion of capital investment in land-based and ship-related infrastructure is required to reach the 2050 goal of reducing shipping’s greenhouse gas emissions by 50 percent of 2008 levels.
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NewsTT Club represented in Qingdao
TT Club has appointed a network partner in Qingdao, China – Ever Faith Marine Service.
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NewsCharter rates fall in January
Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
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NewsFrench offshore contractors appointed
EDF Renewables selected a consortium of Atlantique Offshore Energy, GE Grid Solutions and DEME Offshore to deliver offshore substations for French offshore projects.
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NewsBrighter signs for multipurpose shipping
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.
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NewsProject cargo corridors simplify permit procedure in British Columbia
The Ministry of Transportation and Infrastructure in British Columbia and lower mainland ports in the Canadian province have worked together to create project cargo corridors that will simplify the permit approval process for non-divisible loads.
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NewsGSF calls for scrutiny of sulphur surcharges
The Global Shippers Forum (GSF) is encouraging ocean freight customers to scrutinise surcharges from shipping lines designed to cover the cost of compliance with the IMO’s sulphur emissions regulations.
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NewsUSMCA 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.
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NewsLow-sulphur fuel prices rise
Very-low sulphur fuel oil (VLSFO) prices had risen to USD710 per metric tonne in Singapore on January 2, 2020, a price increase of 30 percent when compared to December 2, 2019.