Insights – Page 6
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NewsProjects and investments curtailed
There is uncertainty as to how Covid-19 will affect the project logistics sector in the long-term, but initial indicators are ominous given recent statements made by leading project developers around the world.
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NewsFreight rates face extreme downward pressure, says AAL
HLPFI discusses the immediate impact of the Covid-19 coronavirus outbreak on the multipurpose shipping sector with AAL Shipping’s managing director, Kyriacos Panayides.
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NewsKeeping track of Covid-19 port restrictions
Wilhelmsen Ship Agency has introduced an interactive Covid-19 port restrictions map covering gateways around the world.
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NewsCovid-19 tightens global grip
When China sneezes, the world turns to its sick bed. Although China is now in the recovery position and regaining strength, the rest of the world is battening down the hatches.
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NewsChina: A beacon of hope amid Covid-19 crisis
With a slowing number of new confirmed Covid-19 cases and a moderate recovery of its manufacturing output, China is showing the rest of the world that there is light at the end of the tunnel.
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NewsSouth Africa scrambles to contain the spread of coronavirus
South Africa has closed 35 out of its 53 land ports in a bid to combat the spread of Covid-19 in the country.
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NewsEBRD makes initial Covid-19 impact assessment
Covid-19 will have a negative impact on economies across all European regions but the recovery could be robust once the outbreak is contained, according to the European Bank for Reconstruction and Development (EBRD).
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NewsUK Chamber of Shipping calls for support
The UK Chamber of Shipping has called for a multi-million pound relief package to support the shipping sector during the Covid-19 coronavirus outbreak.
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NewsCharter rates drop in multipurpose shipping
Time charter rates in the multipurpose shipping sector have dropped over the last month, according to shipbroker Toepfer Transport.
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NewsCovid-19 outbreak restricts multipurpose recovery
The coronavirus (Covid-19) outbreak is expected to lead to weaker than expected full-year cargo demand growth for multipurpose and heavy lift vessels, according to Drewry.
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NewsBuckner boosts training programme
Buckner Heavylift Cranes has added ITI Online's library of courses to supplement its monthly safety training curriculum.
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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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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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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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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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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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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.
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NewsRotterdam tests shore power options
The Municipality of Rotterdam and the Port of Rotterdam Authority have been trialling shore-power systems that aim to reduce air and noise pollution.
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NewsSAL introduces FS MARINE+ emission reduction system
SAL Heavy Lift said that it has become the first shipping company in the world to introduce hydrogen/methanol emission reduction technology to its fleet.