After a tepid recovery in the first quarter of the year, reefer freight rates on most trade routes have been decreasing. Drewry’s Global Reefer Freight Rate Index (which is based on freight rates for a wide range of port pairs) is expected to decrease further in the third quarter, in contrast with dry box freight …
Market developments in August played out largely as expected. In general, rate levels continued to abate following a peak in July, although with a minor short-lived rebound on the transpacific trade, for example. This temporary boost could likely be a minor shift in cargo where US importers want product moved via the West Coast instead …
As the world races towards a decarbonised future, copper – a key component of electrification – is in high demand. As the demand for copper surges, securing a reliable supply and the trade to support that has become a top priority for governments and industries alike. However, a report from Wood Mackenzie warns that achieving …
Golar LNG Limited (the “Company”) has today successfully priced USD 300 million in senior unsecured bonds in the Nordic bond market. The bonds will mature in September 2029 and bear interest at 7.75% per annum. Net proceeds from the bond issue will be applied towards capital expenditure, refinancing of debt and general corporate purposes. An …
Golar announces pricing of USD 300 million unsecured bond issue Read More »
Asia’s very low sulphur fuel oil (VLSFO) market held on to its recent strength on Friday, though some benchmarks showed signs of cooling off. Singapore cash premium remained firm for prompt loading dates, with the product trading higher at $25 per metric ton to Singapore quotes, though offers retreated for loading dates into late September …
Asia Fuel Oil-VLSFO stays firm, but rally shows signs of easing Read More »
Drewry’s World Container Index decreased 8% to $4,775 per 40ft container this week. Our detailed assessment for Thursday, 5 September 2024 The latest Drewry WCI composite index of $4,775 per 40ft container is 54% below the previous pandemic peak of $10,377 in September 2021, but it is 236% more than the average 2019 (pre-pandemic) rate …
The negative impact on maritime shipping and global supply chains from attacks in the Red Sea continues to intensify as traffic is rerouted away from the Suez Canal, Danish shipping company A.P. Moller-Maersk said. Attacks in the Red Sea by Iran-aligned Houthi militants have disrupted a route vital to east-west trade, with prolonged rerouting of …
Maersk says impact from Red Sea situation continues to intensify Read More »
A liquefied natural gas (LNG) tanker managed by an Indian company that came under U.S. sanctions last month for aiding Russia’s war against Ukraine has berthed at the Arctic LNG 2 plant in Russia on Friday, shiptracking data showed. LSEG data showed the Everest Energy parked by the plant and its arrival indicates that the …
Tanker linked to sanctioned firm berths at Russia’s Arctic LNG 2 plant, data shows Read More »
Lloyd’s Register’s (LR) business advisory team is partnering with energy companies ROTOBOOST and Amogy on a fuel cell and pre-combustion Carbon Capture Storage System (CCS) study to assess opportunities for emissions reduction. The joint development project (JDP) will evaluate the use of hydrogen fuel cells, ammonia and methane cracking technology and CCS from a technical …
Lloyd’s Register partners on fuel cell and CCS study to support emissions reduction Read More »
Electromecánico/a (Operativa Puerto) Jornada Tiempo parcial Tipo de contrato Temporal Experiencia De 1 a 2 años Localidad Barcelona Num. Vacantes 1 Referencia 49A753E5-F099-7B5F-CBA9-AABA89F82916 ¿Te encuentras en búsqueda activa de empleo y quieres pertenecer a proyecto dónde te puedas sentir realizado en una gran empresa situada en Zona Franca-Barcelona? Estamos buscando al perfil adecuado para cubrir …
