More insight – Page 6
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NewsOvercapacity 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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NewsShipping 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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NewsDHL details supply chain risks
DHL’s Resilience360 has released its first annual risk report, examining last year’s major supply chain challenges while identifying trends that will shape the risk landscape in 2019.
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NewsLEEA 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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NewsWallenius Wilhelmsen joins CSA 2020
Wallenius Wilhelmsen has joined the Clean Shipping Alliance 2020 (CSA 2020), increasing the organisation's membership to 35 shipowners operating a combined fleet of almost 2,500 vessels.
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NewsOpportunities in emerging markets
The logistics industry forecasts that emerging markets will grow at a healthy rate of 5 percent in 2019 but many executives are bracing for a crisis, according to Agility’s emerging market index.
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NewsING 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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NewsMuch 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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NewsLeaner 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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NewsSamskip 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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NewsShipping 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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NewsCrawler crane market set for growth
Shipments of crawler cranes are expected to grow at a compound annual growth rate of over 4 percent according to a new research report by Global Market Insights (GMI).
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NewsHeavy-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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NewsCompanies prepare for Brexit
While Germany's Cuxhaven Port Association plans to intensify its preparations for the UK's exit from the European Union (EU) next year, industrial relocation logistics company Modpack Group is optimistic about the opportunities Brexit will bring.
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Can the market sustain USD100 oil?
With oil prices hovering around USD80 per barrel, industry analyst McKinsey suggests that a combination of factors could tighten oil markets further and propel the commodity past USD100.
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BIMCO develops bunker clauses ahead of Sulphur 2020
The Baltic and International Maritime Council (BIMCO) has developed two bunker clauses to support the implementation of International Maritime Organization’s (IMO) sulphur 2020 regulations, which come into force on January 1, 2020.
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NewsPositive outlook for Entrec
In announcing its third quarter financial results, specialised transportation and crane services provider Entrec has outlined its strategy and outlook for 2019.
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NewsStorage 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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NewsDrewry 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.