Nearly 4% of European shipping could run on green e-fuels by 2030 but just a third of these projects are guaranteed, T&E warns in a new study. The post T&E: Two-thirds of European green shipping fuel projects may never come online as supplies fear lack of demand appeared first on Offshore Energy.
To support the development of the European hydrogen market, the European Commission has started work on a pilot mechanism that aims to accelerate investments by providing a “clearer” picture of the market situation of both off-takers and suppliers and facilitating contacts between them. The post European Commission launches new mechanism to boost hydrogen market appeared …
European Commission launches new mechanism to boost hydrogen market Read More »
Situated on the eastern shore of the Cottbus Baltic Sea, the country’s largest post-mining lake. The 29 MWp floating solar plant is set to generate approximately 29,000 MWh of electricity a year, with commissioning set for the winter of 2024/2025. The post ‘Germany’s largest floating solar plant’ starts assembling (Video) appeared first on Offshore Energy.
As of 29 May 2024, the Drewry Crude Tanker Equity Index and the Drewry Product Tanker Equity Index saw substantial YTD gains of 21.7% and 31.5% respectively outperforming the S&P 500’s 10.4% rise over the same period. This difference primarily highlights the recent upswing in sectoral indices. In May alone, the crude and product tanker …
Drewry: Tanker Shipping Stocks Outperforming the S&P 500 Read More »
China’s index of export container transport costs continued to rise during the past week as stable growth in demand drove up prices, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,495.98 on May 31, up 7.7 percent from a week earlier, the exchange revealed. The index has been …
China’s weekly export container shipping index rises further Read More »
Classification society DNV is pleased to announce its participation in Posidonia 2024, the leading international shipping exhibition taking place from June 3-7, 2024, in Athens. With over 2,000 exhibitors and an anticipated 40,000 visitors, Posidonia 2024 is set to be the largest in its history, providing a dynamic platform for essential discussions on the future …
The Supramax segment in the Continent and Baltic Sea regions endured a bearish trading week May 20-24 as a lack of fresh scrap cargoes pressured the market. Market levels dropped through the week, ending on a flat note with time charter rates for Supramax ships with scrap cargoes to the East Med seen at low-$10,000s/d. …
Atlantic Supramax scrap market falls in week 21 as pressure builds on thin demand Read More »
Entrusted by the transferor (the Sellers), we have scheduled to hold a public bidding online (www.shipbid.net) from 15:00 to 15:30 (Beijing Time) on June 25th, 2024. 1. Bidding Object: MV “WUJIANG”, Multipurpose Cargo Ship / Tween Decker; IMO: 9235359; Flag: Liberia; Class: NK; LOA: 192.90m; MLB: 27.80m; MLD:15.50m; Summer DWT: 30530t at Draft 11.20m; Container …
Bidding Announcement of Multipurpose Cargo Ship “WUJIANG” Read More »
Danish short sea operator Unifeeder has launched a new carbon insetting solution to decarbonize the seaborne sections of its supply chains. The post Unifeeder launches new carbon insetting solution to back decarbonization appeared first on Offshore Energy.
ONE-Dyas is moving at full throttle to bring its gas platform, which will run on offshore wind power in the North Sea, online by the end of 2024. The post No more legal woes: Offshore wind-powered North Sea project goes full steam ahead toward first gas by year-end appeared first on Offshore Energy.
