High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more exploration. South America is set to continue to be …
Israel’s Haifa Port has been officially taken over by a consortium headed by India’s Adani Group, Israel’s Finance Ministry said updating on the privatization. The privatization conclusion comes on the back of the acquisition of the necessary approvals from Israeli’s governmental bodies. A consortium of Adani Ports and Special Economic Zone Ltd (APSEZ) and Israel’s …
Promising to lock his main shareholder in a “gilded prison” may not have been the best way to win support for a controversial merger. So now Euronav Chief Executive Hugo De Stoop will not head the $6 billion oil tanker empire that would have resulted from a deal with rival Frontline. The slightly smaller suitor …
In December 2022, NYK conducted a trial use of Starlink, a satellite communication service operated by Space Exploration Technologies Corp. (SpaceX), on a ship managed by NYK Shipmanagement Pte. Ltd. (Singapore). Because ship–shore communications are currently conducted via high orbit satellites, the communication speed on board ships is slower than on land. Still, higher communication …
Starlink Onboard Trials to Improve Ship-Shore Communication Speeds Read More »
December revenues for Taiwan’s top three container shipping companies plummeted 40-50% from the same period a year ago due to inflationary pressure, sluggish demand, and collapsing shipping rates. Evergreen Marine announced consolidated December revenue was NT$29.144 billion (US$955 million), a month on month decrease of 19.25% and when compared to the same period a year …
Taiwanese shipping companies see December revenues halved 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 …
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 …
Hapag-Lloyd adquiere participación del 49% en operador portuario italiano 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 …
Belgian oil tanker and storage group Euronav disputes Frontline’s right to end a merger agreement between the companies and is considering its options, including arbitration and legal action, it said on Wednesday. Oslo-listed oil transporter Frontline said on Monday that it was cancelling the $4.2 billion combination deal, which would have created the world’s largest …
Tanker group Euronav disputes Frontline’s right to halt merger Read More »
Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of the Chinese economy have strengthened expectations for the country’s coal imports in 2023. A return …
Coal shipments to China fell 12.2% in 2022, mixed outlook ahead Read More »
