Nine out of ten goods traded globally are transported by ship. Without shipping, we would not live in a globalised world. The problem with ships, though, is that they mainly run on fossil fuels and are a massive contributor to global CO2 emissions. The challenge is now on to plot a greener and, ultimately, carbon-free …
A year ago, fear was a big driver of the supply chain crunch: fear that goods wouldn’t arrive on time, stoked by headlines warning that shipping delays could “cancel Christmas.” It became a vicious cycle. The threat of delays caused importers to max out orders and bring them forward, causing more delays. Importers ordered too …
Chance that container ship arrives on time is still a coin toss Read More »
Calls for support services from seafarers who are away at sea increase over the Christmas period as crews struggle more with loneliness and isolation, says leading health and wellbeing platform One Care Solutions. The platform offers 360 degrees of support to crews and their families and addresses the full spectrum of seafarer health and well-being …
On 5 December 2022, the long-awaited Russian oil price cap measures and related sanctions came into effect. It is no surprise that these measures focus on the maritime industry and insurance. Policymakers have long recognised the central role of shipping in international trade and the crucial role of insurance in shipping, and therefore used sanctions …
Russian oil price cap poses challenges to maritime industry Read More »
Post-COVID-19, global trade has been on a resurgence. From a quarterly low of $4.9 trillion in the second quarter (Q2) of 2020, the Q1 of 2022 hit a record $7.7 trillion, and expected to rise further. These figures are an all-time high. The highest pre-COVID-19 figure was $6.4 trillion in the second quarter of 2018. …
Revisit maritime policy to increase India’s shipping revenues, EXIM trade Read More »
As the world prepares to say goodbye to an eventful 2022, offshore energy industries are reviewing their activities and making new plans to deliver on the net-zero target. Despite numerous challenges to this goal, the year behind us ends the similar way it started – with renewables in the spotlight. The last week of 2022 …
In focus: Renewables take over at the finish line Read More »
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has opened a €240 million call for the development of marine renewable energy pilot projects, test platforms and associated infrastructure. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM …
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. You can upgrade to premium access here. Subsidiaries of the U.S.-headquartered energy giant ExxonMobil have filed a lawsuit at the General Court of the European Union against the European Commission’s proposed windfall tax on …
Danish transmission system operator Energinet has launched a tender for the provision of several floating LiDARs that will be installed at the new offshore wind farm sites in Denmark. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want …
Danes issue €13 million floating LiDAR call for tenders Read More »
Türkiye’s total natural gas reserves in the Black Sea have been increased, following a new gas discovery and an upward revision of a previous one. Türkiye’s President, Recep Tayyip Erdoğan, disclosed a new natural gas discovery amounting to 58 billion cubic meters (bcm) earlier this week, which was made at Çaycuma 1 block by the Fatih drillship, 3,023 …
Re-evaluation and new discovery push Türkiye’s Black Sea natural gas reserves up Read More »
