A Word From GPLN: Issue 83 / November-December 2021
The Covid-19 pandemic has caused a lot of disruption, but on a positive note the superyacht construction is surging. The transport of yachts has proven to be a lucrative niche market for some logistics companies. According to industry analyst Superyacht Group, orders for superyachts longer than 30 m rose over 8% in the first nine months of 2021 compared to the same period of 2019 before the pandemic. Over 200 new superyachts were launched this year up to the end of September, up from 165 in the same period of 2019. Furthermore, over 330 superyachts have been ordered to be delivered until 2023. The impact of the pandemic has helped generate new orders. The cost of a superyacht can range from USD10 million for a second-hand to USD600 million for a new one, industry figures show. Their handling and transportation require specialised skills and equipment and the steady growth in this sector will be another boost to forwarders and shipping lines active in this business.
In France, the offshore wind energy sector is also flourishing after getting off to a slow start. Ports and terminals have been readying themselves for an influx of cargoes, with major projects ramping up.
The UK market is buoyed up by dozens of power generation projects but some recent issues, including Brexit and driver shortages, is hampering an already fragile supply chain.
While renewable energy continues to be the lifeblood of the project logistics sector, those involved in non-renewable power projects remain confident on the sector’s medium and long-term prospects, due to the demand for electricity.
And regarding the Indian subcontinent, the hotly contested project market appears to be coming back into balance, having recovered from the pandemic disturbance.
In the Caribbean, large parts of the sector remain shackled, but contrary to many regions, the oil and gas sector continues to expand.
As announced earlier, our next year’s GPLN AGM is scheduled from May 20-22, 2022 at the Hilton Hotel in Rotterdam, just after Breakbulk Europe and ahead of our Heavy Lift Maritime and Transport seminar, so that attending delegates can combine all events in the same city. This is obviously subject that the world is back to normal by then.
Up to now almost 90 GPLN members have registered for our annual conference and several delegates for our seminar which is also available for non-GPLN members. All relevant details about these two events are published on our dedicated pages of our website.
For Breakbulk Europe we have secured a spacious GPLN booth (36 sqm) in the main hall and will be joined by 12 different GPLN member companies, namely: Agence Maritime Mohab/Tunisia, AZKA Shipping & Logistics/Iraq, Baltkonta/Lithuania, Brelog/Germany, Czechoslovak Ocean Shipping/ Czech Republic, Expo Freight/India, Falcon International/Canada, Global Union Alliance/Saudi Arabia, ITM Projects/Mexico, Kamor Logistics/Israel, Pishbar International Logistics/Iran and transmaritim international/Germany.
As this is our last newsletter for this year, we wish you all the best for 2022.
Stay safe and healthy!
Your GPLN team
New GPLN Members / November – December 2021
||Cargo Way Events Logistics S.A.
||Cargo Way Logistics Chile S.P.A.
||Uno Transport A/S
||Sai Global Shipping Agency Nepal Pvt. Ltd.
||Cargo Way Logistics Peru S.A.C.
||Cargo Way Logistics Uruguay S.R.L.
||Ho Chi Minh City
||Vietnam Projects Transport Co., Ltd.