The pause on work at five major offshore wind farms along the US East Coast is likely to have an impact on heavy-lift and project cargoes supporting the installations.
Widening global overcapacity and import volume forecasts warning of weak volume growth will embolden cargo owners to attempt to secure more favorable fine print in their contracts on key service issues.
The agreement will result in a reduction of an estimated 25,000 metric tons of CO2-equivalent well-to-wake emissions for ocean freight transported under DHL’s “GoGreen Plus” initiative.