Insights – Page 8
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StormGeo appoints Mortensen
Weather intelligence and decision support service provider StormGeo has appointed Carsten Mortensen as non-executive chairman of its board of directors.
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ECOL gains recognition at home and away
Four leading crane manufacturers – Manitowoc, Tadano, Terex and Liebherr – have agreed to align their training operations with ESTA’s European Crane Operators Licence (ECOL) scheme.
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Review your charter parties ahead of sulphur 2020 cap
North P&I has highlighted a number of contract issues that its members should be aware of when the 0.5 percent sulphur cap comes into effect.
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Höegh speaks out against scrubbers
As the deadline for the International Maritime Organization’s (IMO) sulphur regulations approaches, Höegh Autoliners ceo Ivar Myklebust has explained why the company stands firm in its decision to not use scrubbers.
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BBC overtakes Cosco in multipurpose top spot
BBC Chartering has reclaimed its title as the world’s largest multipurpose operator by deadweight from China’s Cosco Shipping Specialized Carriers, according to Dynamar's latest report.
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Overcapacity in shipping remains a major challenge
Avoiding overcapacity and unsustainably low freight rates is still a major challenge for the shipping industry, according to Simon Bennett, deputy secretary general at the International Chamber of Shipping (ICS).
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Shipping confidence remains resilient
Despite ongoing geopolitical uncertainty, confidence in the shipping industry has risen in the last three months, according to the latest shipping confidence survey from shipping adviser and accountant BDO.
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LEEA fine-tunes Technical Triage system
The Lifting Equipment Engineers Association (LEEA) has fine-tuned its Technical Triage system, which aims to resolve questions within 48 hours.
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ING and EIB to finance Spliethoff scrubbers
ING Group and the European Investment Bank (EIB) have signed a EUR110 million (USD124.7 million) loan agreement with Spliethoff to finance the retrofitting of exhaust gas cleaning systems and ballast water management systems.
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Much work to be done says Clean Arctic Alliance
As the International Maritime Organization (IMO) moves towards a ban on heavy fuel oil (HFO) in Arctic shipping, the Clean Arctic Alliance has called for further action.
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Demand and innovation blossom in heavy haulage sector
Demand in the USA for heavy-duty prime movers has shown little sign of abating. Industry analyst Freight Transportation Research (FTR) has reported continued growth in North American Class 8 orders for October 2018, writes David Kershaw.
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Leaner 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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Samskip 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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Shipping 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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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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Heavy-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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Why 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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Storage 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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Substantial 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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Drewry 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.