LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs - very large gas carriers - fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
Tanker shipping rates are set to decline from current highs in 2016 as the trade in crude oil is forecast to decline due to ample stocking, and the fleet is expected to expand briskly, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
The Qinshan Nuclear Power Plant, part of the China National Nuclear Corp., has deployed a system that uses passive ultrahigh-frequency RFID tags and readers to identify the locations of thousands of workers, according to zone, as well as help locate individuals in the event of an emergency and prevent anyone from entering unauthorized areas.
Annual sales of fuel cell vehicles, both passenger cars and buses, are expected to exceed 228,000 by 2024, according to a report from Navigant Research.
New U.S. and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
One of the most atypical things seen this year at the Specialty Equipment Market Association show was a prototype of a 3D printed car from the company Local Motors.
Shale-advantaged resins are affecting job growth in the plastics industry in a big way, according to Martha Moore, senior director, Policy Analysis and Economics, for the American Chemistry Council.
The use of plastics in the production of light vehicles is continuing to grow, with more than $18.1bn worth of finished automotive plastic products incorporated into vehicles assembled in the U.S. and Canada last year, the American Chemistry Council (ACC) said.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.