The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed. The post France experiences wind propulsion boom in 2024 appeared first on Offshore Energy.
Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development. The post Canada’s $4 billion LNG project facing another legal challenge appeared first on Offshore Energy.
Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable it to bring online a new well off the coast of Australia to bolster gas production from existing assets. The post Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear appeared …
Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear Read More »
Joint venture partners Viridien, previously known as CGG, and TGS have completed the multi-client […] The post Viridien, TGS complete OBN survey in ‘mature region’ of North Sea appeared first on Offshore Energy.
Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post Gazprom greenlights $15 billion investment plan to bolster gas production capacity appeared first on …
Gazprom greenlights $15 billion investment plan to bolster gas production capacity Read More »
Administrativo/a Comercial con inglés Jornada Tiempo completo Tipo de contrato Indefinido Experiencia De 2 a 5 años Localidad Torre-Pacheco Num. Vacantes 1 Referencia 6ADDC300-47B5-5FA0-089A-BBB8A6105271 Administrativo/a Comercial con inglés en Torre-Pacheco, España La entrada Administrativo/a Comercial con inglés se publicó primero en Actualidad Marítima y Portuaria.
The Asian high sulfur fuel oil market will likely find some tailwinds in 2025, as a continued rise in scrubber-installed ships bolster healthy bunker consumption amid limited non-sanctioned supplies, but weak utility demand due to cheaper and cleaner alternative fuels and a persistent inflow of Russian supplies into the region will partially impact market fundamentals. …
Healthy bunker demand, tighter non-sanctioned supply to boost Asian HSFO market Read More »
The freight market is being shaped by an intricate web of geopolitical challenges that create uncertainty and disrupt traditional trading patterns. Key risks stem from the ongoing U.S.-China trade tensions, the protracted Russia-Ukraine war, and escalating instability in the Middle East. The strategic Red Sea, a crucial maritime chokepoint, has seen significant disruptions, influencing vessel …
How the Geopolitical Landscape and Fleet Growth Are Shaping the Freight Market Read More »
As the global shipping industry sails further into a new era of environmental responsibility, ship recycling has emerged as one of its most critical challenges to date. Currently the global fleet is ageing rapidly, with approximately 30 per cent of vessels 20 years or older and therefore nearing the end of their operational lifespans. Hundreds …
Legal risks and green opportunities in ship recycling Read More »
Asia fuel oil market benchmarks were stable on Tuesday ahead of the Christmas holiday, with trade largely thin in the week. The market structure softened for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO), with front-month backwardation narrowing from the previous trading session. Reflecting the weaker market structure, spot differentials …
Asia Fuel Oil: Benchmarks steady in pre-holiday markets Read More »
