More insight – Page 10
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SGRE to buy Senvion assets
Siemens Gamesa Renewable Energy (SGRE) has reached agreement to acquire selected European assets of Senvion Group for EUR200 million (USD223.3 million).
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Rotor sails bring savings for Maersk
The installation of rotor sails on the tanker, Maersk Pelican, resulted in an 8.2 percent fuel saving over the course of a year, according to the wind propulsion system manufacturer Norsepower.
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Gard highlights scrubber-related claims
With the IMO 2020 deadline fast approaching, maritime insurance provider Gard has highlighted some of the recent scrubber-related claims it has handled.
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Time charter rates on the up
Time charter rates in the multipurpose shipping sector have increased slightly over the last month, according to the latest data from shipbroker Toepfer Transport.
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BIMCO to present sanctions clauses in December
The Baltic and International Maritime Council (BIMCO) is launching new sanctions clauses for time and voyage charters.
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MSC rules out NSR
MSC Mediterranean Shipping Company has confirmed that it will not explore the use of the Northern Sea Route (NSR) for container shipping between Europe and Asia.
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THLG heads to Helsinki for first customer event
The Heavy Lift Group (THLG) is holding its inaugural customer day to help its members offer better services to clients.
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Trade wars take their toll on confidence
Confidence in the shipping industry has fallen to its lowest level for two-and-a-half years, according to the latest survey from BDO.
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Chernobyl NSC wins project management accolade
As part of its 50th anniversary celebrations, the Project Management Institute has named Chernobyl’s New Safe Confinement (NSC) as one of the 50 most influential projects of the past 50 years.
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HFW to host fourth P&I week
International law firm HFW is hosting its fourth annual P&I week from October 15-17, 2019 in London.
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DHL forecasts mild slowdown for trade
The DHL Global Trade Barometer (GTB) forecasts a mild decline in world trade for the next three months.
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Haliade-X orders
Ørsted will deploy Haliade-X 12 MW wind turbines at two of its US offshore wind farms, subject to final project approvals.
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BIMCO publishes decommissioning contract
DISMANTLECON – an international standard contract for offshore decommissioning projects from the Baltic and International Maritime Council (BIMCO) – is now available.
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Challenges facing towage and offshore operators
Sandro Lipani, director chartering and operations for Malta-based Augustea Maritime Transportation, discusses some of the challenges of operating in the towage and offshore support sector.
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Asco completes overhaul
Azerbaijan Caspian Shipping Company (Asco) has modernised its tug vessel Om.
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Crown Estate approves extension projects
Seven UK offshore wind energy extension projects, with a combined output of 2.8 GW, will progress to the award of seabed rights, the Crown Estate has said.
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The scrubber solution for GHG emissions
Advocates of exhaust gas cleaning systems (EGCS) are championing the use of the technology as a way to reduce global CO2 emissions, as well as complying with the looming IMO sulphur 2020 regulations.
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Trade war effects hit the West Coast
Protracted trade tension between the USA and China has hit the bottom lines of ports and terminals active on the US West Coast. Predicting how volumes will develop in the coming months is proving difficult.
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Houston readies for PCB 2020
The Project Cargo & Breakbulk conference and exhibition 2020 (PCB 2020) – a new event for the project logistics supply chain – will take place in Houston during April next year.
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Tariffs taking their toll
Last week, US President Donald Trump said that an additional 10 percent tariff will be imposed on Chinese-origin goods effective September 1, 2019.