News / Carriers follow through with capacity discipline and blank more sailings

first_img By Mike Wackett 02/09/2020 Ocean carriers are continuing with their “cautious” approach to capacity management, announcing a new series of blanked sailings in October.Both the 2M and THE alliances have withdrawn headhaul capacity in weeks 40 to 44 to mitigate expected reduced demand due to the Chinese Golden Week holiday, the first week of next month.Alphaliner said that, notwithstanding that September “will be a strong month for the carriers”, their decision to avoid overcapacity in October proved they had “mastered the art of fine-tuning their capacity to match it with market demand”.The consultant added: “The disastrous effects of previous rate wars, and the operational mess following the collapse of the Korean carrier Hanjin Shipping in 2016, have not been forgotten.“The good results of the carriers are, of course, not only the result of disciplined capacity management, which is new to the liner industry, but also largely influenced by the fact that bunker prices have dropped considerably.”THEA will blank the sailing of its FE2 loop by the 19,870 teu Al Zubara in the first week of October and the second voyage of newbuild 23,820 teu HMM Rotterdam on the FE3, scheduled to sail from Asia in the week beginning 5 October.In addition, October will see the continued blanking of THEA’s FE4 loop, which will not be replaced by the ‘extra loaders’ deployed in August and this month.Meanwhile, the 2M has reacted to the peak demand prior to the Golden Week holiday by introducing ULCVs, such as the 19,437 teu MSC Erica and the 18,340 teu sister ships Marchen Maersk and Maribo Maersk, on its seasonal Asia-Europe AE55/Griffin ‘sweeper’ service, which was previously serviced by 14,000 teu tonnage, noted the consultant.However, during October, the first three sailings of the AE55/Griffin loop will be blanked, in addition to the continued suspension of the AE2/Swan loop through the month.“The Ocean Alliance has not formally announced a blanking scheme yet, but the latest schedules show three skipped sailings in Asia-North Europe loops, whereas a fourth sailing will be cancelled as the Evergreen-operated CES/NEU7 service will only offer two departures in three weeks with a ten-day interval,” said Alphaliner.According to eeSea data, at the peak of the Covid lockdown demand slump in May, carriers withdrew 19% of sailings from Asia on the transpacific and cancelled 28% of their scheduled departures to Europe.However, despite criticism that they over-reacted with their blanking programmes, carriers have not only reinstated many of the voided loops, but added extra loaders and sweeper services on the tradelanes.Indeed, according to an analysis by Sea-Intelligence, capacity deployed between Asia and the US west coast is currently some 15% higher than for the same weeks of 2019. © GoneWithTheWind last_img read more

Hanergy expands operations in Silicon Valley

first_imgHanergy expands operations in Silicon ValleyThe Chinese company’s new Product Development Group will comprise seven units aimed at expanding its thin-film business operations around the globe. October 31, 2014 Edgar Meza Manufacturing Markets Markets & Policy Share Hanergy is setting up a new division in California’s Silicon Valley in order to better promote and market the company’s thin-film products around the globe.Hanergy Chairman Li Hejun will serve as chairman and chief executive officer of the newly established Hanergy Product Development Group, which will comprise seven business units as well as a product development center located in Beijing.In addition to the group’s existing turnkey line business, the new Product Development Group will focus on product development, production of high quality and high end products and the establishment of sales channels aimed at direct sales and cooperation.Describing Northern California’s Silicon Valley as “an important base for product development,” Hanergy said the region was also an attractive location that offered multiple advantages in terms of its geography and human resources.”In particular, Silicon Valley is renowned for having one of the highest numbers of high technology industries in the world, including the headquarters of numerous leading technology companies, pooling of some of the leading engineers and scientists, experts in the field of applications in novel technological advancements, and possesses extensive reach in research resources,” the company said.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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Vermont ranks in top 10 most politically engaged states, but trending down

first_imgVermont Business Magazine November is just around the corner, which means it’s almost time for Americans to go out and vote. However, there is wide disparity in voter turnout across the 50 states. In 2014, some states had as little as 33 percent voter participation while others had as high as 61 percent. SmartAsset analyzed voter turnout, voter registration and campaign donations to determine the most politically engaged states, and Vermont takes the eighth spot. While Vermont Senator Bernie Sanders gave Hillary Clinton her biggest test for the Democratic Party nomination, voter turnout in the Green Mountain State is trending down. In 2010, Vermont had the 5th highest voter turnout at 55 percent. That number fell to 42.5 percent in 2014. The state still managed to rank in the top 10 thanks to high donations per capita relative to income.Voting is really a two-step process: first you register to vote and then you cast your ballot. Someone who registers to vote but doesn’t actually vote can still be considered more politically engaged than someone who never registered at all. And, of course, voting isn’t the only way to be an engaged citizen, you can also donate to campaigns and volunteer. So states with high numbers of voter registration, voter turnout and campaign donations can be said to be politically engaged.With these factors in mind, SmartAsset crunched the numbers to find out which are the most politically engaged states.Data and MethodologyTo determine the level of political engagement in each state we looked at data on six separate factors. (Note: We included additional factors this year, so this study is not directly comparable to the 2014 study.)2014, 2012 and 2010 Voter Turnout – Voter turnout is the percentage of resident citizens who actually cast a ballot. The data is from the U.S. Census Bureau.2014 Voter Registration – Voter registration is the percentage of resident citizens who registered to vote. The data is from the U.S. Census Bureau2012 and 2008 Presidential Donations (per capita donation as a percent of median income) – Data on campaign donations comes from the Center for Responsive Politics and is available at opensecrets.org.After collecting data on these six factors, we ranked every state according to each factor. So, for example, the state with the highest 2012 voter turnout was ranked first in that category, while the state with the lowest 2012 per capita donation as a percent of median income was ranked last in that category.The index, on a 100-point scale, was calculated based on each state’s ranking in each of the six factors.Key FindingsEngaged New England – Politics are a big deal in New England. Of the six states which make up New England, five are in the top 10. The odd man out is Rhode Island which ranked 24th.Apathetic South – The only state south of the Mason-Dixon line to break into the top 10 was Maryland. Texas, Alabama, Arkansas, Tennessee and West Virginia all ranked in the bottom 15 for political engagement.The President Matters – Due to the visibility and attention given to the quadrennial presidential election, voter turnout is much higher in presidential election years. In Mississippi, for example, the difference in turnout in 2012 and 2014 was as big as 30%.1. ColoradoColorado is one of the closest races during this year’s presidential election and, as a result, is one of the key swing states. It ranks highly in all the engagement categories we looked at. According to metrics like voter turnout, Colorado is becoming more engaged. The state ranked 9th in voter turnout in 2010 and 2nd in 2014.Coloradans are generous, too. After controlling for population and income, we found that Colorado citizens donated the 5th most in the 2012 presidential election. That year, Colorado had an impressive 70.4% voter participation.2. MassachusettsMassachusetts is an interesting place, politically speaking. Judging by its presidential voting record, one would assume Massachusetts is a very liberal state. But since 1991 it has only had one democrat for governor. The Bay State came into national focus when former Republican Gov. Mitt Romney ran for president in 2012 and he was forced to step back from the liberal-leaning health care reforms he helped put into place. That year 70% of the state’s voters turned up at polls.Want to retire? Find how much you should be saving.(link is external)3. MaineMaine, like Colorado before it, will have the opportunity to legalize marijuana this year. It will be interesting to see if that mobilizes the citizenry in the same way it did in Colorado. In the meantime, Maine is already a very politically engaged state. It ranked first for voter turnout in 2014 and 2010, with 61.5% and 59.4% of the citizenry coming out to vote, respectively. Curiously, Mainers do not get as energized by presidential elections as some other states. In 2012, Maine had a voter turnout of 68% – only good enough to rank 9th in the country that year.4. OregonOregon voters tend to be engaged no matter the scenario. In 2010 and 2014, its voter turnout was around 56%, while in 2012, a presidential election year, the turnout rate jumped up to 67%. Many states saw a large drop in donations from 2008 to 2012. Not Oregon. Oregon residents gave an estimated $2.61 per capita in 2008 and that figure only decline 12 cents to $2.49 in 2012. Compare that to New Mexico, where donations per capita was $7.06 in 2008 and dropped all the way to $2.82 in 2012.5. MarylandIf Maryland did a better job of turning registered voters into actual voters it would probably find itself higher in our study. Maryland had the 3rd highest level of registered voters in 2014, with 72% of citizens registered to vote but only 48% of citizens actually went to the polls. Like Washington and Oregon, Maryland tends to go for Democrats and FiveThirtyEight gives Hillary Clinton a 99.8% chance of winning the state this year.6. WashingtonWashington shares more than just a border with Oregon – it also shares its political engagement temperament. Overall its voters are mostly engaged but it does not get as big as a boost in turnout during presidential election years as other states do. The fact that the Evergreen State tends to be solidly Democrat may explain the somewhat lackluster turnout during presidential elections, there’s simply not as much at stake compared to states like Colorado.7. MinnesotaMinnesotans are rabid voters who tend to keep their money in their wallets. According to our data, Minnesota ranked no lower than 6th in voter turnout in 2010, 2012 and 2014 but ranked no higher than 30th for donations in 2008 and 2012. Minnesota is one of the tighter races during this election, according to FiveThirtyEight. The site gives Clinton a 81.6% chance to take the 10 electoral votes in the state.8. VermontVermont Sen. Bernie Sanders gave Hillary Clinton her biggest test for the Democratic Party nomination. But voter turnout in the Green Mountain State is trending down. In 2010, Vermont had the 5th highest voter turnout at 55%. That number fell to 42.5% in 2014. The state still managed to rank in our top 10 thanks to high donations per capita relative to income.9. New HampshireWhile close geographically, Vermont and New Hampshire share little in terms of political engagement. Vermont tends to have lower turnout with high relative donations while New Hampshire has the opposite. In 2012, New Hampshire’s voter turnout was 69.4% – tying it with Iowa for the sixth highest in the country. But in terms of donations, New Hampshire only ranked 19th that year. The state also tends to be more unpredictable in terms of presidential elections. FiveThirtyEight gives Trump a 25.8% chance to win there, which makes it an important state to watch come November.10. ConnecticutConnecticut appears to be made up of some of the most giving citizenry in the country judging by campaign donations. The Constitution State ranked in the top 5 for donations in both years we analyzed the data. Unfortunately when it comes to actually showing up at the polls, the state is lagging. In 2010 and 2014 – the two non-presidential voting years we analyzed – Connecticut did not even crack 50% voter turnout.Moving to Connecticut? Find out what your taxes will be.(link is external)Note: The FiveThirtyEight election forecasts mentioned in this article are from October 4, 2016.last_img read more