Stagnating trade and a ballooning surplus of shipping containers, following easing of pandemic era supply chain constraints, has led to a collapse in newbuild container output, which is forecast to slump to its lowest level in 14 years. Drewry estimates that global box production contracted 71% YoY to 306,000 teu in the first quarter of …
Global container production to slump to 14-year low Read More »
Shipping is an important industry that plays a significant role in global trade and economic growth, but it is also responsible for 3 percent of all global greenhouse gas emissions. The industry’s current goal of reducing total annual GHG emissions by least 50 percent by 2050 compared to the 2008 baseline, is not ambitious enough …
Trafigura: Charting a course to a greener future for shipping Read More »
With the marine fuels landscape growing ever more complex amidst a backdrop of tightening regulations and a fragmented supply chain, there are many factors that must be considered when buying bunkers. Focus has again fallen on quality since the high-profile contamination incidents in Singapore, and the new Mediterranean Sea ECA’s Sulphur cap drop that is …
The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight session on Wednesday, underpinned by weaker spot offers and ample supply expectations into June. The premium for 0.5% VLSFO (MFO05-SIN-DIF) slid to $7.75 a tonne to Singapore quotes, though front-month margin (LFO05SGDUBCMc1) rose to a premium of $9.93 …
Hydrogen Mobility Ireland (HMI), a group of Irish stakeholders looking to develop the use of hydrogen for transport in Ireland, has issued a report on how the development of a hydrogen ecosystem can facilitate the production of sustainable e-fuels for use in aviation and shipping transport. In the report “The role of hydrogen derived e-fuels …
Hydrogen Mobility Ireland reports on role of H2-derived e-fuels in maritime Read More »
The European Union (EU) and South Korea have established a Green Partnership to strengthen bilateral cooperation and exchange best practices on climate action, clean and fair energy transition, protection of the environment and other fields of the green transition. The partnership was launched in Korea’s Seoul during the EU-Korea summit with both parties reaffirming their …
Mitsubishi Turbocharger and Engine Europe B.V. (MTEE) and Storm Group have signed a Letter Of Intent (LOI) to jointly develop a dual-fuel methanol/diesel retrofit kit for inland shipping. Koedood Marine Group As disclosed, this LOI aims to align the expectations of Mitsubishi and STORM for developing a marine dual-fuel methanol/diesel retrofit kit for Mitsubishi marine …
Mitsubishi, Storm Group join forces on dual-fuel, methanol/diesel retrofit kit Read More »
Norwegian state-owned energy giant Equinor has performed a capacity test at the Johan Sverdrup field in the North Sea off Norway, confirming that the field can produce at an increased plateau up to 755,000 barrels of oil per day. Johan Sverdrup field in the North Sea; Source: Arne Reidar Mortensen/Equinor According to Equinor, the Johan …
New milestone at giant North Sea oil field, as it reaches record-high production level Read More »
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Como una labor que hace parte de la planificación estratégica establecida por la Dirección General Marítima, para el desarrollo de los intereses marítimos del país, actualmente tres de sus plataformas de investigación científica marina adelantan misiones en nuestros océanos, efectuando tareas como levantamientos, recolección de datos y campañas de mantenimiento a las ayudas a la …
