The move is in response to lower demand for sawn timber in the months ahead. The stoppages are expected to reduce production by 30,000 m³.
Södra’s sawmills have processed a higher share of spruce over the past six months due to the infestation of spruce bark beetle. The assessment is that most of the year’s timber from forest infested with spruce bark beetle will have been handled by the end of the year. For this reason, Södra is able to adapt its production in the short term while fully meeting its obligations in relation to its members.Read more
„Even more so than today, we can become the gateway to Europe. This far-reaching cooperation opens up opportunities to respond even more quickly to future challenges such as scaling, energy transition, innovation and digitisation. All themes that are Port of Antwerp hard to bet on and a pioneering role to play. In the field of employment, too, we are going for regional anchoring and we want to be a sustainable partner“, they stated in a common press release.
Approximately 3000 conductors, trainpersons and yard persons voted 99.2% in favour of strike action last month. The union will give at least 72 hours’ notice of any strike action.
“We will continue to negotiate in good faith with Canadian National in hopes of reaching a negotiated settlement. To that end, we will not be bargaining in the press or discussing the sticking points publicly at this time,” explained the president of the TCRC, Lyndon Isaak.Read more
The topic was: „Producer, receivers and operators - all link in the supply chain process”.
Before the panel discussion started, presentations were given by Wan Xu Dong, CEO at Beijing Trans Eurasia International Logistics Co. Ltd, and Alan Bog, IFPTA President and Commercial Manager Euroports Asia. Dong spoke about the Eurasia Train Transportation Model, known as „One belt one road“, while Bog adressed “Ports and distribution developments in line of market growth”.Read more
Since the company launched in 2017, it has had a continuous focus on developing and implementing new digital solutions for its customer, employees and partners. There have been several and projects within the digitalisation drive of G2. In 2018, the company initiated over ten innovation projects, one of them being the Smart Bill of Lading (B/L) project. The project uses blockchain technology to issue and distribute Bill of Lading and other belonging shipping documents, and a pilot trial was successfully completed in co-operation with three of G2 Ocean’s customers in February this year.Read more
Only 2% of the world’s 1.2 million seafarers are women. Of those, 94 per cent work in the cruise industry. The number of women in our part of shipping is alarmingly low. And Grieg Star states: „We have to admit we are not as good as we want to be. Still, to us, a seafarer is a seafarer, regardless of colour, gender or sexual orientation. We believe diversity is key to success, and that is why we strive to have more female seafarers on board our ships.“Read more
The LEO Coalition will explore the environmental and commercial viability of LEO - a blend of lignin and ethanol - fuel for shipping.
Lignin is a structural bio-polymer which contributes to the rigidity of plants. Lignin is isolated in large quantities as a byproduct of lignocellulosic ethanol and pulp and paper mills. Currently, it is often incinerated to produce steam and electricity.Read more
Under the terms of the Arrangement Agreement, Great Pacific, which along with its affiliates owns approximately 51% of the issued and outstanding common shares of Canfor, will acquire all of the Canfor Shares it does not already own for cash consideration of $16.00 per Canfor Share by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia).