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Terminal Marítima Mazatlán inicia nuevo servicio para desembarque de vehículos

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 …

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Tanker sales surge as Ukraine war divides maritime fleet over Russian cargoes

The war in Ukraine has spurred a flurry of sales and purchases of oil tankers over the past year as some shipping companies press ahead with moving Russian cargoes while others act to avoid any hint of exposure to sanctions, market participants said March 14. Many of these deals involve undisclosed buyers as the investors …

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Drewry: Container Shipping Stocks Gain More Ground

Despite high inflation, restrictive monetary policy and ongoing geopolitical tensions, stock prices of liner companies continue to strengthen on the back of a slight upward revision in the macroeconomic outlook. In YTD 2023 (ending 8 March 2023), the Drewry Container Equity Index rose by 15.0%, following an 11.4% increase in the 4Q22. As a result, …

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The 3 Golden Rules of Effective Shipping Communications

Digitisation has brought massive benefits to the shipping industry. It’s now possible for charterers to make million-dollar deals in a matter of minutes using email alone. But recent years have also seen exponential growth in the volume of messages that shippers send and receive. Charterers, brokers, operators and port agents can sift through thousands of …

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Baltic index hits near 12-week high on heavy capesize demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near 12-week high on Tuesday, helped by higher rates for all vessel segments, especially capesizes. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 122 points, or about 8.3%, to …

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SINGAPORE DATA: Feb bunker sales rise 8.3% on year to 3.8 million mt

Bunker fuel sales at the world’s largest bunker hub of Singapore rose 8.3% year on year to 3.794 million mt in February, but were down 13.3% month on month, Maritime and Port Authority of Singapore preliminary data published March 14 showed. Sales of International Maritime Organization-compliant bunker fuel rose to 2.348 million mt in February, …

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Hapag-Lloyd CEO: If we do order ships, it will be smaller classes and alternative propulsion

The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Each service offer is intended to put the company’s technology and business firmly on the …

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Grieg Star shares ‘surprising’ findings of a study involving retrofitting deep-sea ships to ammonia

A group of cross-industry experts, led by Grieg Star, has conducted a study involving the potential retrofitting of an open hatch vessel to run on green ammonia. Image credit Grieg Star Initial findings of the study said that elements perceived as challenges turned out not to be barriers or present major risks for moving forward …

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Multiple vessels set to swarm Dogger Bank A & B area for subsea ops

Several subsea operations are scheduled to soon commence at the sites of the first two phases of the Dogger Bank Wind Farm, currently under construction off the North East coast of England. OSV Isle of Jura; Photo source: Seafast Maritime Later this month, NKT will begin nearshore intervention works in support of the installation of …

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How is European and U.S. oil majors’ energy transition journey shaping up?

While the transition to low-carbon and green sources is making strides on the global energy stage, the major energy players in Europe and the U.S. have been making progress at a different pace with Big Oil keeping oil and gas firmly in the driving seat. However, Wood Mackenzie, an energy intelligence group, believes all roads …

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