All Insight articles – Page 17
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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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Looking back on 2019
Reporting on the heavy lift and project forwarding sector over the course of 2019 has been a pleasure. Everyone at HLPFI would like to extend their gratitude to those that have continued to support this title in what has proven to be a tumultuous year.
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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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Managerial changes at Thomas Miller
Leo Kirchner will assume the role of president and ceo at Thomas Miller Americas when Mike Jarrett retires at the end of February 2020.
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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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Fred. Olsen opens in Taipei
Fred. Olsen Ocean has opened a branch office in Taipei, Taiwan to support the growing offshore wind business in the Asia Pacific region.
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Steve Drugan: an award-winning career on the heavy lift front line
Lifetime Achievement Award winner at the Heavy Lift Awards 2019, Steve Drugan, senior vice president at deugro (USA), discusses his distinguished career with David Kershaw.
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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.
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BIMCO revising Dispute Resolution Clause
BIMCO’s Documentary Committee has agreed to revise and simplify its Dispute Resolution Clause.
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ICS launches ISM guidelines
The International Chamber of Shipping (ICS) has launched a completely new edition of its Guidelines on the Application of the IMO International Safety Management (ISM) Code.
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Triumph winds down 747 part production
According to media reports, Triumph Group is winding down the production of parts for Boeing’s 747 aircraft.
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Sobering picture from DHL’s GTB
The DHL Global Trade Barometer (GTB) indicates that world trade will contract over the next three months.
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Networks attend sustainability summit
Representatives of the Worldwide Project Consortium (WWPC), Cargo Equipment Experts (CEE) and Priority Cargo Network attended the seventh Sustainable Ocean Summit in Paris during November.
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Aviva introduces renewable energy insurance package
Aviva has launched an insurance package designed specifically to support global renewable energy brokers and their commercial clients.
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Wind turbine OEMs to consolidate positions
Industry analyst Wood Mackenzie expects the top five leading wind turbine OEMs to control three quarters of the sector by 2028.
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How can logistics companies sidestep the scammers?
Business e-mail compromise scams defrauded approximately USD1.3 billion from organisations and individuals in 2018 – nearly 50 percent higher than in 2017. The logistics industry is particularly exposed to scams of this nature. Megan Ramsay reports.
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Allelys turns to RFID for inspection
Allelys has installed a bespoke inspection monitoring system designed by CoreRFID on its fleet of heavy haulage trailers.
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Charter rates on an upward trajectory
Time charter rates in the multipurpose shipping sector have increased slightly over the last month, according to the latest data from shipbroker Toepfer Transport.
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PCB 2020 to discuss ‘Energy in Transition’
The organiser of the Project Cargo & Breakbulk conference and exhibition 2020 (PCB 2020) has revealed the inaugural event’s conference theme and initial speakers.