Neoline Armateur reaches a historic milestone with the start of the construction of its very first sailing ro-ro vessel , marked by the official cutting of its first sheet metal, “Steel Cutting”, a year and a half before the ship is due to enter into service in June 2025. The Construction of the Neoliner begins …
First Plate Cutting: The Neoliner Enters Active Construction Phase Read More »
NINE MONTHS 2023 RESULTS •Time charter equivalent earnings (TCE) of US$ 301.8 million (US$ 209.8 million in 9M’22) •Total net revenue of US$ 305.4 million (US$ 213.4 million in 9M’22) •Gross operating profit/EBITDA of US$ 213.1 million (69.8% on total net revenue) (US$ 135.3 million in 9M’22) •Net result of US$ 148.7 million (US$ 62.8 …
d’Amico International Shipping Reports Improved Third Quarter Net Result Read More »
Belships issued 3Q23 report this morning with operational results in line with our and consensus’ expectations. Dividends of NOK 0.45/sh will be delivered. With little changes in the contract portfolio, the company has a couple more quarters covered at elevated rates, while the long-term outlook remains positive, thus, adding two more new vessels to the …
Belships: Main metrics in line with expectations Read More »
On October 23, NYK held its annual roundtable discussion led by NYK president Takaya Soga, executive officers, captains, and chief engineers on current conditions and issues on board vessels. This meeting was held at the NYK head office in Tokyo in a hybrid format (virtually and in person) and attended by more than 150 participants, …
La Autoridad Portuaria ha autorizado que durante un año se pueda prestar provisionalmente este servicio con el objetivo de atender a los pasajeros de estas embarcaciones y mientras se licita nuevamente la concesión. El presidente de la Autoridad Portuaria de Santander (APS), César Díaz, ha visitado las instalaciones de la cafetería de la Estación Marítima …
La Autoridad Portuaria de Algeciras (APBA) comienza esta semana las obras de la 3ª y última fase del proyecto de recuperación del Fuerte de la Isla Verde de Algeciras. Las máquinas y operarios de la UTE Fuerte Isla Verde (constituida por las empresas Sardalla Española SA y Actúa Infraestructuras SL), adjudicataria de la misma, ya …
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough to avoid the worst effects of the climate change.
U.S.-headquartered energy giant ExxonMobil has paid around $1.26 billion to SBM Offshore, a Dutch FPSO operator, for a floating production, storage, and offloading (FPSO) vessel, which is working on the oil major’s first oil development project located off the coast of Guyana. FPSO Liza Unity; Credit: SBM Offshore This transaction is related to the purchase …
ExxonMobil doles out $1.26 billion for FPSO operating off Guyana Read More »
Our world stands at a crucial crossroads on the journey to reduce carbon emissions and adopt renewable energy sources. Shifting towards clean energy is not merely a choice but an imperative in the battle against climate change and the pursuit of a sustainable future. This transition is gaining momentum, and a significant facilitator in this …
KEMA Labs drives energy transition through large expansion of HVDC testing capabilities Read More »
On 09 November 2023, TORM has entered into an agreement to acquire eight second-hand LR2 vessels that are expected to be delivered in late Q4 2023 and in Q1 2024 for a total consideration of USD 399m, with a cash consideration of USD 239m and the issuance of approximately 5.5 million shares (1). The purchase …
