All Forecasts articles – Page 5
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NewsNo delay for Sulphur Cap implementation
Kim Yeon-tae, executive director of the Korean Register is unequivocal when he states that the chances of postponing the Sulphur Cap 2020, "are very, very small".
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NewsPositive outlook for multipurpose and project cargo shipping
Susan Oatway, lead analyst for multipurpose shipping at Drewry, said 2018 is shaping up to be a positive year for the multipurpose and project cargo shipping market.
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NewsGlobal growth boosts shipping, says BIMCO
Economic growth around the world is supporting the shipping industry, says the Baltic and International Maritime Council (BIMCO) in its latest macroeconomic assessment.
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NewsCosco overtakes BBC in multipurpose top spot
Cosco Shipping Specialized Carriers has taken over, not for the first time, from BBC Chartering as the world's largest multipurpose operator by deadweight, according to Dynamar's latest report.
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NewsDestructive freight rate environment here to stay
The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders, warns consultancy McKinsey & Company in its latest report.
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NewsIMO agrees carriage ban of non-compliant fuels
The International Maritime Organization (IMO) has agreed to move forward with a ban on the carriage of fuel oil for use on board ships, when that fuel oil is not compliant with pending sulphur limits.
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NewsDrewry - brighter future for MPVs
According to Drewry Maritime Research, the economics suggest that the multipurpose (MPV) shipping sector should be performing much better than it actually is. Demand growth has been steady, outstripping the supply of new vessels. However, own
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NewsAir cargo growth remains strong
The International Air Transport Association's (IATA) full-year 2017 data for global airfreight markets showed that demand, measured in freight tonne kilometres (FTK), grew by 9 percent.
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NewsMarkets emerge stronger in 2018
Growth prospects for emerging markets appear brighter than they have for years, according to the latest Emerging Market Logistics Index by Agility.
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NewsContainer market remains competitive
As the container market remains competitive, global shipping consultancy Drewry says there is potential for more merger and acquisition (M&A) activity.
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NewsAir cargo growth remained strong in November
Revealing its latest statistics, the International Air Transport Association (IATA) said that air cargo demand measured in freight tonne kilometres (FTK) remained strong in November 2017 with 8.8 per cent growth compared to the year-earlier p
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Metruck joins Port of Seattle
December 29 - The Port of Seattle, USA, has appointed retired US Coast Guard (USCG) rear admiral, Stephen P. Metruck, as its executive director.
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Liege to invest in cargo capacity
December 29 - Media reports suggest that Belgium's Liege Airport will invest EUR50 million (USD59.95 mn) in new cargo facilities during 2018 to cater to an increasing number of freighter flights.
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Last-minute moves for JSL Global
December 27 - Qatar-based JSL Global has coordinated the delivery of four disassembled gantry cranes from Hamad Port to Essen, Germany.
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Keen Transport sold
December 7 - Wallenius Wilhelmsen Logistics ASA (WWL ASA) has signed an agreement to acquire 100 percent of the shares in USA-based Keen Transport.
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LOC expands in Egypt
December 7 - Global marine and engineering consultancy LOC Group has opened an office in Cairo, Egypt to increase the company's presence across North Africa and the Middle East.
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Overcapacity lingers in shipping outlook
December 6 - The outlook for global shipping in 2018 remains negative, as lingering overcapacity continues to restrict material improvement in market fundamentals, says Fitch Ratings.
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Belgium granted maritime tax extension
December 6 - Belgium has received approval from the European Commission (EC) to prolong its existing tax measures for maritime transport until the end of 2022.
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Mammoet expands at Freeport
November 29 - Mammoet USA has completed the expansion of its site at Port Freeport in Texas, USA.
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Container volumes set to break record
November 27 - Container volume growth continues apace with loaded shipments on course to break 200 million teu in 2017, says global shipping consultancy Drewry.