The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in over three weeks on Thursday, dragged by sliding panamax and supramax vessel rates, although the main index posted monthly and quarterly gains. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 11 points, or about …
Baltic index drops to 3-week low, ends quarter higher Read More »
The spread between very-low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) has widened following Russia’s invasion of Ukraine. The HSFO price, however, could rise if Russian volumes coming into the market start declining due to sanctions. Late 2016, the Maritime Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) agreed to reduce …
VLSFO premium of USD 200/tonne increases scrubber advantage Read More »
Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year. The rise, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for the contract market, further boosts the coffers of leading carriers, with Evergreen the latest name to disclose record annual revenues of USD 17.67bn (a fourfold increase …
Long-term ocean freight rates up almost 100% year-on-year Read More »
The third edition of the Mapping includes significantly more projects – up from 106 to 203 – focusing on ship technologies, fuel production as well as bunkering and infrastructure. This edition of the report includes more detailed information on vessel types, fuel focus, and technologies under development, which could help the industry and regulators to …
Euronav NV reported its final financial results today for the full year to 31 December 2021. The return of oil consumption at a global scale was going to be a key driver to freight market recovery in 2021. When COVID vaccinations started being administered throughout the world, this recovery seemed to be imminent. Unfortunately, this …
Euronav Expects Tanker Oversupply to Ease Moving Forward Read More »
PGNiG wants to book regasification capacity at GAZ-SYSTEM’s floating storage and regasification unit (FSRU) terminal at the Port of Gdansk. The post PGNiG to book capacity at Gdansk FSRU terminal appeared first on Offshore Energy.
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea. The post Green light for North Sea development with first oil expected this year appeared first on Offshore Energy.
Australia-based Searcher Seismic has entered into an agreement with BP Canada and Hess Canada in relation to the brokerage of their Tangier 3D seismic survey offshore Nova Scotia. The post Searcher enters Tangier 3D seismic deal with BP and Hess Canada appeared first on Offshore Energy.
South Korean company Ingine has signed an agency agreement with international trading and investment outfit Sinotrade for wave energy project development in Taiwan. The post Ingine unveils plans to build wave energy plant in Taiwan appeared first on Offshore Energy.
Electricista – Especialista en cuadro eléctrico – Sector naval Electricista – Especialista en cuadro eléctrico Jornada Tiempo completo Tipo de contrato Indefinido Experiencia De 2 a 5 años Localidad El Puerto De Sagunto Num. Vacantes 1 Referencia 52CC0158-7DCC-E756-A61D-5A32C04F014E ¿Estás en búsqueda de nuevas oportunidades profesionales que te permitan seguir creciendo? ¿Te gustaría formar parte …
Electricista – Especialista en cuadro eléctrico – Sector naval Read More »
