Insight – Page 24
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NewsDrewry remains optimistic on multipurpose recovery
During a webinar earlier this week looking at the latest trends and outlook for the multipurpose shipping market, covering both breakbulk and project cargo sectors, Drewry repeated its optimistic forecast for the sector, predicting further rec
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NewsIMO reaches landmark GHG agreement
Delegates at the International Maritime Organization's (IMO) 72nd Marine Environment Protection Committee (MEPC 72) have agreed on a greenhouse gas (GHG) reduction strategy for the international shipping industry.
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NewsGlobal standard for airfreight of animals launched
The International Air Transport Association (IATA) has recently launched a new standardised global certification programme to improve the safety and welfare of animals travelling by air.
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NewsMEPC 72 kicks off in London
The International Maritime Organization's Marine Environment Protection Committee (MEPC 72) meeting is now under way at the IMO headquarters in London, discussing the adoption of an initial greenhouse gas (GHG) reduction strategy.
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NewsProtectionist risks remain for airfreight
The International Air Transport Association (IATA) has released demand growth results for global airfreight markets for February 2018, showing a 6.8 percent increase in demand measured in freight tonne kilometres (FTKs) compared to the same peri
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Re-export regime set to launch in Australia
According to a customer advisory issued by Depth Logistics, The Department of Agriculture and Water Resources (DAWR) in Australia has announced a re-export regime coming into force under the Biosecurity Act 2015.
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NewsShipping confidence hits four-year high
In the three months to end-February 2018, shipping confidence reached a four-year high, according to international accountant and shipping adviser Moore Stephens.
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NewsSC&RA launches UPT2021 initiative
The Specialized Carriers & Rigging Association (SC&RA) has launched the Uniform Permit Transport 2021 (UPT2021) initiative, which aims to establish harmonisation in weight allowances and permitting systems across all 50 US states.
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NewsCompromise needed for IMO strategy
The International Chamber of Shipping (ICS) has urged governments to compromise in order to help the International Maritime Organization (IMO) agree on a strategy for the further reduction of CO2 emissions in the shipping industry.
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Steel tariffs threaten global shipping
The Baltic and International Maritime Council (BIMCO) has warned that while the USA's metals tariff will have a limited impact on most international bulk trades, it could have a negative impact on global shipping.
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NewsIMO's fuel data reporting now in force
The mandatory fuel consumption data collection system for international shipping, adopted by the International Maritime Organization (IMO) in October 2017, has now entered into force, requiring ships above 5,000 gwt to start collecting and repo
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NewsESTA and FEM summit puts safety in focus
The third ESTA and FEM Experts Summit, held in Hamburg on March 6, brought together industry speakers from across the wind energy supply chain to discuss the safety and standards in onshore wind farm construction.
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NewsArctic shipping and the Northern Sea Route
Mariners have long sought viable east-west routes across the roof of the world as an alternative to traditional routes. Keith Wallis analyses how the Northern Sea Route is becoming an increasingly viable shipping lane.
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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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SafeWaters expands insurance offering
SafeWaters Underwriting Managers has entered a delegated authority underwriting agreement to provide the US and Latin American markets with an expanded insurance offering of ocean marine products, backed by Aspen Insurance.
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AAPA pleased with Trump's infrastructure plan
President Donald Trump has called on Congress to pass his long-awaited national infrastructure rebuilding plan, which proposes allocating USD200 billion for direct federal spending for US infrastructure over the next ten years.
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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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NewsInsurers warn on sulphur cap
As the IMO's 2020 sulphur cap draws closer, insurance broker Marsh has emphasised that non-compliance with the regulations could allow a ship to be declared unseaworthy, threatening to invalidate liability insurance cover.
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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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News2017: a year of upheaval in heavy lift and multipurpose shipping
2017 proved to be another tough year for the heavy lift and project forwarding sector, as HLPFI reported in the January/February 2018 edition.