March 2022

Expensive LNG bunkers yet to force gas-fired dry bulk ships to switch fuels: sources

The high LNG bunker prices have not forced LNG-dual fuel dry bulk ships to switch to the cheaper very low sulfur fuel oil, regardless of securing lower earnings currently from these vessels, shipping industry sources said March 11. The Platts NMAX GT4 Index, a weighted average of time charter equivalent assessments (TCE) of four key …

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From offshore to shipping, it is people that drive successful digital transformations

While data quality and integration obviously play a prominent role, the human element is also fundamental to ensuring the success of digital solutions. Platforms, algorithms, and software are created by humans, for humans – with people and data working hand in hand to help companies achieve their efficiency and sustainability goals. The shipping sector is …

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Norbit receives €1.5 million sonar order

Norwegian subsea technology company Norbit has received an order from an undisclosed international client for […] The post Norbit receives €1.5 million sonar order appeared first on Offshore Energy.

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