More insight – Page 5
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Canada approves ELD mandate
Last month, Canada’s transport ministry finalised an electronic logging device (ELD) mandate that will come into force on June 12, 2021, aligning the country’s vehicle regulations with the USA.
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ICS updates sulphur 2020 guidance
With six months to go until the implementation of the global sulphur cap on marine fuel, the International Chamber of Shipping (ICS) has updated its guidance for shipping companies.
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Global trade barometer falling says DHL
For the first time since its launch in January 2018, the DHL Global Trade Barometer (GTB) indicates a slight contraction of worldwide trade for the next three months.
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Slower growth hits oil markets
World trade growth has fallen back to its slowest pace since the financial crisis ten years ago and the consequences for oil demand are becoming apparent, according to the International Energy Agency (IEA).
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Container shipping swaps consolidation for logistics
Global container shipping lines are increasingly moving into the logistics business as they turn their back on large-scale consolidation activity, according to analyst Fitch Ratings.
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Multipurpose charter rates remain stable
Time charter rates in the multipurpose shipping sector have remained stable over the last month, according to the latest data from shipbroker Toepfer Transport.
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Let’s go fly a “K”ite
Kawasaki Kisen Kaisha (“K” Line) is installing an automated kite system onto one of its bulkers.
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Shipping Company Groningen launches ShipFund
The heavy lift and multipurpose shipping sector faces its own set of unique challenges when it comes to attracting finance for both tonnage and operations.
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G2 Ocean successfully trials blockchain BoL
Shipping line G2 Ocean along with trading and logistics firm Manuchar have finished a pilot trial of CargoX’s smart Bill of Lading (Smart B/L) solution.
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My Song lost
News of the loss of a luxury yacht in transit from Palma to Genoa has prompted speculation regarding the cause of – and liability for – the incident.
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DEME Offshore undertakes floating foundation study
DEME Offshore has signed an agreement with Equinor to carry out a study examining potential floating concrete substructures for the planned Hywind Tampen wind farm off the Norwegian Coast.
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Leipzig shines a light on humanitarian logistics
Leipzig/Halle Airport, Volga-Dnepr Group and the Akkon University of Human Sciences ran an international conference on humanitarian logistics on May 21. The event took place on the fringes of the OECD’s International Transport Forum in Germany.
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Sleipnir christened in Singapore
Heerema Marine Contractors and shipbuilder Sembcorp Marine demonstrated the next-generation semi-submersible crane vessel – Sleipnir – last week in Singapore.
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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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BIMCO to publish offshore decommissioning contract
The Baltic and International Maritime Council (BIMCO) is set to publish an international standard contract for offshore decommissioning projects – DISMANTLECON.
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Scrubber debate rumbles on
As the IMO’s Marine Environment Protection Committee (MEPC74) meets this week in London, several environmental organisations have raised concerns about the use of scrubbers as an alternative compliance mechanism for the looming 2020 sulphur regulations.
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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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WTS design approved
Classification society DNV GL awarded China Merchants Heavy Industry (CMHI) with an approval in principle (AiP) certificate for its wind turbine shuttle (WTS) concept.
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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.