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Special shipping containers provide some hope for container manufacturers

After the surge in output of 2021, the past 18 months have proved particularly challenging for Chinese box builders with the production of dry freight standard containers, especially 40ft high-cubes, falling sharply. Globally, high levels of inflation and economic uncertainty have dampened trading prospects and hence the demand for new containers. The industry is also …

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WAF-UKC Suezmax rate jumps to 15-week high amid strong inquiry, firm USG market

Dirty freight rates for the Suezmax market in the West of Suez region shot up to a 15-week high Oct. 12, with market sources pointing to an expected seasonal rise in inquiry levels, a rapidly strengthening US Gulf market, firming VLCC and Aframax markets and insufficient tonnage to meet demand. Platts, part of S&P Global …

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TECO 2030 launches the world’s most compact and efficient inherently safe marine fuel cell system

TECO 2030 is pleased to elaborate on the world’s most power dense marine and heavy-duty fuel cell module, the FCM400. The FCM400 has already an Approval in Principle from DNV and currently undergoes type approval process for maritime and heavy-duty applications. FCM400 is inherently gas-safe to accommodate easy integration onboard a ship for zero emission …

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MOL’s CVC MOL PLUS, Daibiru Join Forces- MOL Group’s Collective Strengths

MOL Group’s Daibiru Corporation announced the start of the corporate venture capital (CVC) business and with MOL’s CVC MOL PLUS Co., Ltd. (CEO: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) opened the “MOL PLUS Daibiru Desk” at Daibiru office, which is operated by Daibiru and MOL PLUS. The Daibiru Desk aims to “create a new city” by …

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Extinguido el incendio en una empresa en la dársena sur del puerto de Castellón

Efectivos de emergencias han controlado el incendio que se ha producido en una unidad de proceso de una empresa de biodiésel ubicada en el puerto de Castellón. El incendio no ha provocado heridos ni efectos adversos para la población. Inmediatamente se ha procedido a activar el plan de autoprotección de la empresa y, por lo  tanto, …

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In focus: The hard truths and wake-up calls in the global energy transition

As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as it progresses against the backdrop of today’s tumultuous geopolitical landscape.

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