Spanish ferry operator Baleària has reiterated its commitment to cleaner energies as it aims to become carbon neutral by 2050. The post Baleària exploring green hydrogen, biomethane as part of 2050 target appeared first on Offshore Energy.
The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy. The post U.S. and EU seal the deal for LNG supply as Europe seeks to cut Russian energy ties appeared first on Offshore Energy.
Subsea services contractor Modus has signed a technical services agreement with Ashtead Technology for the provision of survey and inspection equipment. The post Modus, Ashtead ink survey and inspection equipment deal appeared first on Offshore Energy.
The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure. The post Saipem board adopts rescue plan with $2.2 bln capital increase in sight appeared first on Offshore Energy.
Finnish technology group Wärtsilä will provide technical support via a long-term service deal for its solutions on the Brittany Ferries’ LNG-fueled RoPax vessel Salamanca. The post Wärtsilä to support Brittany Ferries’ LNG-fueled Salamanca appeared first on Offshore Energy.
Governments need to support the maritime industry’s actions toward a net-zero future, according to Christopher J. Wiernicki, ABS Chairman, President and CEO. The post ABS CEO: Maritime industry needs gov’t support to drive decarbonization appeared first on Offshore Energy.
Chinese utility Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG for 20 years from U.S. LNG project developer NextDecade’s Rio Grande LNG. The post Guangdong Energy to buy LNG from NextDecade’s Rio Grande appeared first on Offshore Energy.
Due to supply concerns at domestic power plants, Indonesian authorities banned coal exports during January 2022, removing around 30% of global coal volumes from the bulk market as a result. This caused Newcastle coal futures to increase by more than a third and added strain on coal inventories across Asia. The ban was lifted in …
Bunker supply in China’s Zhoushan — the country’s biggest bunkering port — is expected to tighten in the second quarter, due to unfavourable market dynamics and uneconomic pricing to bring in cargoes from Singapore, market sources said March 24. China’s bunker sales have grown rapidly amid competitive prices. China’s fuel oil exports over January-February were …
China’s Zhoushan faces bunker supply crunch on drying volumes, expensive imports Read More »
World Container Index decreased by 4.1% to $8,470.45 per 40ft container this week. The composite index decreased by 4.1% this week, but, remains 74% higher than a year ago. The average composite index of the WCI, assessed by Drewry for year-to-date, is $9,285 per 40ft container, which is $6,130 higher than the five-year average of …
Drewry: World Container Index Still 74% Higher Than a Year Ago Read More »
