An initial agreement between the European Parliament and Council on a Carbon Border Adjustment Mechanism (CBAM) to crack down on carbon leakage will have ramifications for aluminium trade, and possibly before the end of the year. While the agreement still needs to be confirmed and adopted by EU member states and the European Parliament, the …
Breakwave Advisors in partnership with ETF Managers Group LLC (ETFMG®), announced that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on the New York Stock Exchange. BWET is the world’s first ETF designed to provide long exposure to the crude oil tanker shipping market through a portfolio of near-dated futures contracts …
During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation is very different and in the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down 4% y/y, and could drop by 10% before 2025. …
Liner supply falls as operators reduce average sailing speed by 4% Read More »
Watson Farley & Williams (“WFW”) is pleased to announce that Singapore Dispute Resolution Partner Sumeet Malhotra has been newly named as Global Mining & Commodities Sector Co-Head alongside London Corporate, M&A and ECM Partner Jan Mellmann who has led the group for over 20 years. Sumeet, who joined WFW as Partner in 2021, has over …
Three European oil majors – BP, TotalEnergies, and Eni – and their U.S. counterparts – ExxonMobil and Chevron – have revealed strong operating and financial performance in the first quarter of 2023 even though oil and gas prices have tumbled down from the highs seen at the peak of the global energy crisis during 2022.
Australian energy company Santos has signed four memoranda of understanding (MoU) for the proposed storage of CO2 emissions from third parties for its Bayu-Undan carbon capture and storage (CCS) project. Santos According to Santos, the four non-binding MoUs for CO2 supply were signed with potential upstream gas and LNG projects offshore the Northern Territory and …
Santos underpins its Bayu-Undan CCS project with four CO2 supply deals Read More »
CEVA Logistics has signed a new 10-year lease agreement with its parent company CMA CGM to operate four Eastern Pacific Shipping’s (EPS) LNG dual-fuel hybrid deep-sea vessels. Credit: CEVA Logistics As informed, the agreement will allow CEVA to transport approximately 140,000 vehicles annually between global markets, especially China and Europe. The RORO ships are currently …
CMA CGM’s CEVA to operate four EPS’ LNG dual-fuel hybrid ships Read More »
UAE’s ADNOC Gas has signed a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of French energy giant TotalEnergies, for the export of LNG. Courtesy of ADNOC Gas The agreement, valued at about $1.2 billion under current market conditions, was announced on 1 May. Pursuant to the terms of the agreement, through …
ADNOC and TotalEnergies enter LNG supply deal worth $1.2 billion Read More »
Dutch geo-data specialist company Fugro has launched the BeWild project, aimed at measuring biodiversity at offshore wind farms. Fugro Fugro, together with project partners, will focus on developing methodologies and technologies for remotely collecting environmental DNA (eDNA) samples in the North Sea. The collected data will assess the impact of offshore wind farms on biodiversity …
Fugro to monitor offshore wind biodiversity by using eDNA samples Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
Puerto de Antofagasta lanza Mesa Regional Mujer, Logística y Transporte Read More »
