More insight – Page 2
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StormGeo and DNV GL deepen partnership
StormGeo and DNV GL have signed a memorandum of understanding (MoU) with the aim of driving digitalisation and data standardisation in the maritime industry.
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4D offers Incoterms training
4D Supply Chain Consulting has introduced an e-learning training programme that outlines the impact of the new Incoterms 2020.
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Boskalis ends 2019 well despite earnings dip
Boskalis ended 2019 on a positive note and is back in the black, despite a slight dip in earnings. The Netherlands-headquartered maritime group said the outlook for 2020 is more favourable compared to last year.
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Carriage ban enters force
To support the implementation of the 2020 sulphur cap, the International Maritime Organization’s (IMO) ban on the carriage on non-compliant fuel oil entered force on March 1.
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Buckner 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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UK 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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Winds 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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Navigating 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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Decarbonising 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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Charter 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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French 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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Brighter 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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Project 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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GSF 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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USMCA 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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Low-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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BIMCO restructures committees
BIMCO has divided its Marine Committee in two, to “facilitate a better handling of the many important topics on the environment, safety and security agendas”, according to Angus Frew, the association’s secretary general and ceo.
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Rotterdam 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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Antwerp moves ahead on carbon capture
A consortium at the port of Antwerp is to carry out a feasibility study into the development of carbon capture, utilisation and storage (CCUS) infrastructure as the port works toward reducing its environmental footprint.
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SAL 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.