In February 2025, Höegh Autoliners transported 1.1 million cbm of cargo on prorated basis. Transported cargo in the last three months (December – February) was 3.4 million cbm. Average prorated gross freight rate in February 2025 was USD 94.1 per cbm (-6.2% compared to average gross rate in Q4 2024). Average prorated gross freight rate …
Höegh Autoliners ASA (HAUTO) – February 2025 Trading Update Read More »
The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet the environmental and human elements requirements contained in the strategic Sustainable Development Goals (SDGs) from the United Nations. …
Liza Unity Becomes World’s First FPSO to Receive ABS SUSTAIN-2 Notation Read More »
“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding prices, long lead times and uncertainty are likely discouraging contracting,” says Filipe Gouveia, Shipping Analysis …
Bulker newbuilding contracting plunges 92% to lowest level in decades Read More »
Annual report: Growth in all customer segments puts VIKING Life-Saving Equipment A/S in a strong position as a new strategy period commences. Revenue has reached DKK 4 billion for the first time, and with a pre-tax profit of DKK 452 million, VIKING has consolidated its position as a global market leader in the liferaft and …
European Energy and TotalEnergies have started seabed surveys in the area surrounding the planned […] The post TotalEnergies, European Energy conducting seabed surveys for 240 MW Danish offshore wind farm appeared first on Offshore Energy.
Total insured losses resulting from the allision between a Portuguese-flagged containership and a US-flagged tanker in the North Sea are anticipated to range between $100 million and $300 million for all coverages, according to a Canada-based global credit ratings agency. The post Total insured losses from North Sea containership-tanker allision to likely range between $100M …
Two container vessels belonging to China’s state-owned giant COSCO Shipping Lines recently powered up […] The post COSCO boxship duo receives B24 biofuel in parallel refueling efforts appeared first on Offshore Energy.
El Propeller Barcelona reunió en torno a una mesa redonda a diversos profesionales del sector logístico para analizar el panorama actual en el ámbito del transporte marítimo y para exponer las principales inquietudes e incertidumbres que se plantean en la actividad de los diversos operadores de la comunidad portuaria. El miércoles 5 de marzo, el …
Vast Renewables has secured up to A$180 million (approximately $113.3 million) of conditional funding from ARENA for the construction of its utility-scale clean energy project Vast Solar 1 (VS1), part of the Port Augusta Green Energy Hub, which also includes green methanol production facility Solar Methanol 1 (SM1). The post Vast secures conditional funding for …
Vast secures conditional funding for clean energy project in Port Augusta Read More »
Danish renewables developer European Energy has commissioned the first reactor and produced the first e-methanol at its Kassø Power-to-X facility, dubbed the world’s largest commercial e-methanol facility. The post European Energy: First e-methanol produced at ‘world’s largest’ commercial PtX facility appeared first on Offshore Energy.
