Industry Insights

Tom Mutz Appointed Treasurer of the IFPTA

Tom Mutz Appointed Treasurer of the IFPTA

PRESS RELEASE

The International Forest Products Transport Association (IFPTA) today announced Mr. Tom Mutz has been appointed Treasurer of the Association. Mr. Mutz’s appointment also names him as the incoming Secretary, a duty he will assume at the close of PPI Transport Symposium 22. The appointment comes as a result of Scott Menzies’ notice to the Board of his intent to step down from the role as Secretary/Treasurer.

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PPI Transport Symposium 22 to Gather Forest Products Professionals from Around the Globe

Registration now open for 2017 Forest Industry Transport Event
PPI Transport Symposium 22 to Gather Forest Products Professionals from Around the Globe

PRESS RELEASE

RISI, the leading information provider for the global forest products industry, has announced the PPI Transport Symposium 22 will highlight global port infrastructure, inland supply chain challenges, trader perspectives and more. Registration has opened today. The conference will take place from September 25-27, 2017 at Savannah International Trade and Convention Center in Savannah, Georgia, USA.

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Smaller Ports Key to Physical Supplier Success

Smaller Ports Key to Physical Supplier Success

Growing concentration of fuel supply in major bunkering hubs will continue towards 2020 and offer only increased competition and low margins to physical suppliers.

Maritime consultancy 20|20 Marine Energy has warned that physical suppliers should move away from fuel supply in the major bunkering hubs and instead focus on smaller ports to reap the opportunities of a rapidly changing market. With continuing tight margins, and extreme competition, specialist physical suppliers are being squeezed out of traditional, large bunkering ports or reduced to providing just credit facilities and logistics services.

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BIMCO Forecasts a Slow 2017 for Shipping

BIMCO Forecasts a Slow 2017 for Shipping

On Tuesday, analysts with BIMCO forecast lower growth potential for shipping in coming years, thanks to continued overcapacity and to national subsidies for shipbuilding activity.

“Government support for any industry – including shipping – which is feeling the heat of global competition might seem like a good thing. But direct subsidies from governments in fact have a negative impact on the global shipping industry as they affect free trade and undermine the level playing field for businesses,” BIMCO’s analysts wrote.

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Setting Sail (Again) on Wall Street

Recent capital raises bode well for shipping
Setting Sail (Again) on Wall Street

Shipping is an industry full of surprises. And volatility. Up until February of this year the surprise had been mainly about the terrible state of the freight markets. The last few months, however, have surprised on the upside. Freight rates for the dry bulk market have moved to cash-flow positive levels and tanker rates have been fair, despite some relative weakness.

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