All Rates articles – Page 3
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News
Despite falling volumes Antwerp-Bruges remains hopeful
Throughput at the port of Antwerp-Bruges was down 5.5 percent in the first six months of 2023 when compared to the same period last year. Despite the weak economic climate, conventional breakbulk volumes are in line with pre-covid levels.
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News
Ro-ro operators capitalise in tight market
Demand for ro-ros has surged over the past 18 months with rates hitting record levels. Operators are relishing prospects in the years ahead, writes David Kershaw.
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Article
Rebalancing the multipurpose shipping market
At a glance, 12 consecutive months of falling rates might be cause for alarm for the multipurpose and heavy lift shipping market. However, there is more going on than meets the eye. Owners and operators remain bullish, both now and for the future. David Kershaw reports.
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Article
HLPFI meets: Lars Bonnesen
Justin Archard joins Lars Bonnesen, managing director of United Heavy Lift (UHL), at his home in Denmark to catch up about his life in multipurpose and breakbulk shipping.
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News
German toll increases loom
Germany has proposed a toll hike for heavy goods vehicles starting December 1, 2023. Under the proposal, a CO2 emissions tax of EUR200 (USD217.68) per tonne will be added.
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Article
Civil sector drives the post-pandemic recovery
A growing worldwide requirement for new and upgraded basic infrastructure is set to continue driving investment in major civil engineering projects. That trend is further fuelled by the fact many countries are making such projects a key element of their post-pandemic economic recovery. The project logistics and heavy lift sector is on hand to help realise these ambitions. Phil Hastings reports.
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Article
Spain and Portugal – vying to become Europe’s energy powerhouse
Rich in natural renewable energy resources, the Iberian Peninsula is well positioned to be at the forefront of the European energy transition, while a strong cluster of manufacturers and EPCs based in the region continue to provide project cargo opportunities. Sophie Barnes reports.
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News
Officer supply shortfall reaches record high
Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by shipping consultancy Drewry.
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Article
US project forwarders and carriers prepare for another surge of activity
Capital expenditure in projects of all varieties is surging in the USA. David Kershaw speaks with carriers and forwarders to determine how they are managing capacity and planning for another surge in activity.
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News
Doherty Heavy Haulage expands with SLS acquisition
UK-based Reimer, owner of Doherty Heavy Haulage, has acquired freight forwarder Specialist Logistics Services (SLS) and its partner company Martin Burgess Logistics.
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Article
HLPFI meets: Alexander Varvarenko
Justin Archard speaks with Alexander Varvarenko, the enigmatic entrepreneur known for establishing shipping company Varamar and, most recently, the digital shipping platform ShipNext.
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News
Market sentiment on the up
One World Shipbrokers’ ninth edition of its market sentiment index (MSI) recorded its first rise in a year – up from 53.1 to 53.8.
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News
deugro delivers for Long Son A1 olefins plant
Project freight forwarder deugro has moved 280,000 freight tons of petrochemical equipment from over 35 worldwide seaports and airports for the Long Son A1 olefins plant project on Long Son Island near Vũng Tàu, Vietnam.
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News
European road freight rates drop
Both spot and contract road freight rates in Europe have dropped in the first quarter of 2023, according to an index produced by Transport Intelligence, Upply and the International Road Transport Union (IRU).
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News
Slight decline in throughput for the port of Rotterdam
Throughput at the port of Rotterdam declined slightly in the first quarter of 2023 compared to the same period last year, with containers and breakbulk cargoes registering a drop in volumes.
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News
Crowley invests in asset-sharing start-up
USA-based transport and logistics provider Crowley has invested in logistics technology start-up Repowr.
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News
Record profits at DB Schenker help Deutsche Bahn back to black
Rail and logistics giant Deutsche Bahn (DB) was back in the black last year thanks to a record performance at its forwarding subsidiary DB Schenker, HLPFI’s sister title Air Cargo News reports.
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News
Blue Water posts solid results in a year that ‘presented many challenges’
Danish transport and logistics group Blue Water Shipping delivered a profit of USD12 million before tax in 2022 – a lower result than expected as a result of extensive investments in the wind energy industry.
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News
deugro performs time-critical airfreight deliveries to Saudi Arabia
deugro has delivered 13 plant components by three consecutive AN-124-100 charter flights from Italy and Belgium to Saudi Arabia within just seven days.