Stream of oil and gas business keeps project sector humming
A slower-than-expected transition to renewable energy sources is augmenting — rather than replacing — investment in traditional oil and gas, boosting project cargo demand. Source link
A slower-than-expected transition to renewable energy sources is augmenting — rather than replacing — investment in traditional oil and gas, boosting project cargo demand. Source link
Maritime employers say they will commence a lockout of the longshore foremen after their union began a threatened strike Monday morning, a move that will force marine terminals in the province to close. Source link
Weak economic trends have kept the pressure on industrial end-markets serviced by Linde and Air Liquide, which provide key cargo for the breakbulk and project cargo segments. Source link
A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO. Source link
Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes. Source link
Vancouver, Canada’s busiest container port, faces the possibility of a shutdown unless maritime employers and longshore foremen reach a new contract before a Monday deadline. Source link
Asian exports and growth in construction and mining demand are expected to prop up ro/ro volumes, two major vessel operators say. Source link
If the question is solely on the risk related to being delayed in each port, the Gemini network ought to, statistically, have a slightly higher core reliability than Mediterranean Shipping Co. when the need for shuttles is taken into account, writes analyst Lars Jensen. Source link
Those companies are combining to get the terminals, talent and technology they need to compete as larger carriers increasingly seek business in their markets. Source link
The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO. Source link