Capesize freight rates are set for a period of upside volatility as the fallout from the war in Ukraine continues to spread across the energy markets. In its latest quarterly dry bulk market outlook*, Maritime Strategies International points to the re-routeing of Russian exports to new destinations as a result of the EU ban on …
Energy market disruption sees coal cargoes fire up Capesize demand Read More »
One hundred of IMO’s 175 Member States and three associated Members have now been audited under IMO’s Member State Audit Scheme (IMSAS). The milestone was reached in March 2023. The audits continue to be rolled out, with 23 audits scheduled to be completed during 2023 and 25 in 2024. The first audit cycle is set …
100 audits completed under IMO Member State Audit Scheme Read More »
After years of relying on charters, container ship operator Ocean Network Express is tapping profits from the COVID-19 era to build its own greener, more competitive fleet. “We don’t own any ships ourselves on our balance sheet, but it is our intention to start owning ships,” ONE CEO Jeremy Nixon told Nikkei. ONE currently charters …
Flush with cash, ONE swaps charters for own container ships Read More »
Robust grain volumes and a growing average shipment size during the week March 13-19 reflected market optimism regarding the extension of the UN-brokered safe passage agreement, with the exact duration of the extension remaining contested as market sources point to a likely period of 60 days, instead of the previous 120 days. “I heard 60 …
Black Sea Watch: Ukrainian grain flows climb amid safe passage confirmation Read More »
The Ukraine crisis brought about the global energy crisis in 2022, which put energy security at the forefront while ushering in the energy trilemma to ensure a secure, affordable and sustainable energy supply. Bearing in mind the challenges this raises, Shell, the UK-headquartered energy giant, has revealed two energy security scenarios, exploring how the world could …
The UK-headquartered company EGS Survey will carry out a survey campaign at the Muir Mhòr floating wind project site in Scotland, being developed by Fred. Olsen Seawind and Vattenfall. EGS Ventus; Photo source: EGS Survey Starting next month, EGS Survey will be performing preliminary geophysical and environmental surveys using the vessel EGS Ventus, with the …
EGS Survey to start work at Fred. Olsen Seawind and Vattenfall’s ScotWind site Read More »
Maersk, the Danish container shipping major, has announced the design details of its first methanol-powered vessel. Image credit Maersk The company shared photos of the vessel’s design on its social media channels, showing off the feeder vessel from multiple angles. This is a significant milestone for the company and the industry at large as the …
Breaking ground: Maersk reveals design details of its methanol-powered feeder Read More »
A consortium of TGS, CGG and BGP has completed the fourth phase of the deepwater 3D seismic survey offshore Suriname from which multi-client data is set to support the country’s deep and shallow water bid rounds. Source: TGS Covering 1,800 square kilometers, Phase IV completes the programmed 14,500 square kilometers survey of newly acquired 3D …
Seismic trio wraps up another phase of 3D survey offshore Suriname Read More »
Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation (CSSC), has secured a contract for the construction of three dual-fuel vehicle carriers continuing its winning streak in the sector. Image credit: GSI The order involves the construction of three 8,600 CEU pure car truck carriers (PCTCs) that will be built for an unnamed …
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 …
Avanza el desarrollo del transporte de carga de ferrocarril en el Puerto de San Antonio Read More »
