All News articles – Page 113
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News
Multipurpose Sentiment Index (MSI): tracking the mood of the MPV market
In recent editions of the One World Shipbrokers’ Multipurpose Sentiment Index (MSI), carriers reported ebbing confidence in the short-term markets backed by expectations of improvements later in the year. In the MSI’s 10th incarnation, this theme continues.
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Mitigating fire risk at sea as lithium-ion batteries proliferate
Fires aboard vessels remain one of the biggest safety issues for the shipping industry, as highlighted by the recent incident on the car carrier Fremantle Highway, which caught fire last week off the Dutch coast.
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Preparations under way for AntwerpXL
AntwerpXL is returning to the Antwerp Expo in Belgium from November 28-30.
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EU sets binding target for energy reduction by 2030
The European Union has set a legally binding target of 11.7 percent reduction in final energy consumption by 2030 compared to 2020 levels.
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Liner assemblies headed to Hinkley Point C
Global Energy Group (GEG) said the fabrication and load-out of the final two liner assemblies has been completed, and they are now en route to EDF’s Hinkley Point C nuclear power plant project.
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FuelEU maritime initiative: Council adopts new law to decarbonise the maritime sector
The European Union (EU) has agreed on the rules for climate-neutral shipping, with the adoption of the FuelEU Maritime initiative. Shipping will be covered by FuelEU Maritime regulations from 2025.
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P&S Transportation acquires Rinaudo
P&S Transportation has purchased all substantial transportation assets of Rinaudo Enterprise and Ringo Specialized Hauling.
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COSCO Shipping Specialized and Guangzhou Salvage form JV
COSCO Shipping Specialized Carriers issued an update on the recently formed joint venture with Guangzhou Salvage on July 27. The entity will control a fleet of what will be 18 semi-submersible vessels.
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G2 Ocean ships 367-tonne reactor to Houston
G2 Ocean completed the delivery of a 367-tonne reactor from Rotterdam to Houston aboard its vessel Star Istind – the heaviest piece of cargo the shipping line has moved to date.
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DEME Orion to haul and place substations offshore Virginia
The biggest, heaviest, and most delicate lifts in Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) development are not the components for the 176 wind turbines, but the three 4,000-ton (3,629-tonne) offshore substations.
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The Spirit of the Dragon Horse moves with Bolloré
As part of the Asian Games in Hangzhou, Bolloré Logistics North China transported one of the largest mechanical art installations in the world: Longma, also known as the Spirit of the Dragon Horse.
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Shortlist spotlight 2023: Innovation Award
HLPFI reviews the shortlisted entries for the 2023 Innovation Award.
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First Provence Grand Large turbine erected
The first turbine for France’s floating offshore wind farm, Provence Grand Large, has been erected.
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Baldwins put Liebherr crane to work discharging transformers
Baldwins Crane Hire has utilised its Liebherr LTM 1800(D) mobile crane to discharge transformers at the port of Tilbury, UK.
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Guangzhou Salvage and UHT end their commercial management arrangement
United Heavy Transport (UHT) and Guangzhou Salvage have ended their commercial management agreement for the latter’s semi-submersible fleet.
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One Air completes inaugural operation
The recently launched UK-based all-cargo airline, One Air, has completed its inaugural Boeing 747-400 freighter flight, operating a full charter for client Shandong Glory from China to the UK.
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Swire Projects expands representation in Asia
Swire Projects, the projects and heavy lift shipping services division of Swire Shipping, has appointed WorldFast and Keystone Logistic as representative agents in South Korea and Japan, respectively.
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Modules for Nigeria LNG flow through Onne Multipurpose Terminal
Cargoes for Nigeria LNG’s (NLNG) Train 7 expansion project in Bonny are moving through the Onne Multipurpose Terminal (OMT), part of International Container Terminal Services (ICTSI).
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Drewry sees increase in multipurpose scrapping activity
Shipping industry analyst Drewry said that it has started to see an increase in multipurpose vessel demolition activity, although levels are still low in comparison to historical averages.
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Work suspended at Norfolk Boreas due to cost inflation
The UK’s offshore wind energy industry suffered a blow this week when developer Vattenfall said that it suspended work on its 1.4 GW Norfolk Boreas site.