Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related costs, according to the latest Ship Operating Costs Annual Review and Forecast 2022/23 report published by global shipping consultancy Drewry Drewry estimates that average daily operating costs across the 47 different ship types and sizes …
Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price regime is implemented next month, though logistical challenges will have to be tackled, several maritime executives said. Most oil and product tankers of 45,000 dwt size and above, participating in international trade take transnational maritime …
SHIPPING: Russian oil flow to Asia may not slow on insurance glitch Read More »
More than 30 tankers carrying liquefied natural gas are idling off Europe’s coast as traders hold out for higher market prices, the Financial Times reported. The ships, which combined are carrying LNG worth $2 billion, are at sea around north-west Europe and the Iberian peninsula, the FT reported Friday, citing Vortexa data. “LNG vessels have …
Following successful upgrades of two tankers, the entire fleet at Christiania Shipping will now be equipped with the Frugal Propulsion system for automatic, intelligent engine control. A significant reduction in fuel consumption ensures that the shipping company’s vessels comply with the EEXI regulations and improve their CII rate. The class approved on-top system, Frugal Propulsion, …
Christiania Shipping solves EEXI and CII challenges with intelligent software Read More »
China Classification Society (CCS) has joined forces with several major Chinese marine industry companies to launch the Sustainable Shipping Innovation and Development Initiative (SSIDI). Credit: CCS CCS launched SSIDI in Beijing with representatives of China Petrochemical Corporation, COSCO Shipping Co Ltd, China Merchants Energy Shipping Co Ltd and ICBC Financial Leasing Co Ltd who were among those to sign …
Chinese majors set up new sustainable shipping initiative Read More »
German transmission system operator (TSO) 50Hertz has issued a contract notice seeking a submarine and land cable system for the OST-6-1 offshore wind grid connection in the Baltic Sea. The contract covers the design, engineering, construction, supply, installation, burial, handling, and commissioning of the 220 kV submarine and land cable systems from the onshore substation …
Swedish biogas producer Scandinavian Biogas has signed a multi-year agreement for the supply of liquid biogas (Bio-LNG) to the transport sector in the Nordic region. As disclosed, the deliveries of liquefied biogas under the agreement will begin shipping in 2023 and are intended from Scandinavian Biogas’ production facilities in Sweden. Liquid biogas comes from organic …
Scandinavian Biogas secures multi-year Bio-LNG supply deal worth $27 million Read More »
Oil and gas major BP has awarded a long-term business services contract, covering its assets in the Caspian Sea and onshore Azerbaijan, to Glensol (Global Energy Solutions LLC). BP revealed last Friday that it had awarded a seven-year contract for the provision of operating and maintenance services on gas turbine packages to Glensol. The oil …
BP hands out seven-year deal for its oil & gas assets in Azerbaijan Read More »
Ionian Management Inc., a New York-based ship manager, was sentenced in the District of the Virgin Islands after pleading guilty to a violation of the Act to Prevent Pollution from Ships. The company was sentenced to pay a fine of $250,000 and placed on probation for one year. Specifically, between January 2017 and July 2018, …
Ionian Management slapped with $250,000 fine for air pollution in the US 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 …
