VLCC asset prices and rates are finally seeing the increases that the market was hoping for. Sentiment for Tankers is strong with VLCC earnings having risen consistently since June and peaking towards the end of September at almost 70,000 USD/day. This is primarily due to seasonality, with an increase in demand as we approach the …
As a part of European Union sanctions against Russia, the block banned coal imports from Russia starting 10 August. About two months have passed and Russia has struggled to redirect its coal exports, with export volumes down 7.0% y/y in this period and down 5.0% year to date. Despite the drop in volumes, tonne mile …
Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up Read More »
Reefer spot rates are proving more resilient than dry container prices on exports from North Europe, with slow declines as opposed to dramatic drops. According to the latest market analysis from Oslo-based Xeneta, all main trades from the region have experienced falls over the past three months. However, unlike the dry market, the routes are …
The CEO of the Maritime Industry Australia Ltd (MIAL), Angela Gillham, has today been confirmed as a key member of the Strategic Fleet Taskforce that will advise the Albanese Government on the implementation of their key election commitment. For nearly a decade, MIAL has led the campaign to establish the Strategic Fleet, successfully securing bipartisan …
Norwegian tech company Kongsberg Maritime has signed a contract to provide electrification and control systems with automated functionalities for the Swedish Transport Administration’s new fully-electric ferries. Under the contract signed with Dutch shipbuilding firm Holland Shipyards Group, the company will provide equipment for up to four new all-electric ferries, with two firm for delivery and …
Kongsberg to equip Sweden’s new all-electric ferries Read More »
Ocean Energy Europe’s Vi Maris award for 2022 has been bestowed to Britta Schaffmeister, CEO of the Dutch Marine Energy Centre (DMEC). Britta Schaffmeister and Rémi Gruet (Courtesy of Ocean Energy Europe) The announcement was made during the ICOE-OEE 2022, taking place in San Sebastián, Spain. Vi Maris, meaning ‘the power of the sea’, is …
DMEC’s chief deemed as ‘the power of the sea’ for 2022 Read More »
Singapore-based Sembcorp Marine, through its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte Ltd, has entered into master service agreements with the US energy company New Fortress Energy (NFE) affiliates for the conversion of two drilling vessels into floating LNG (FLNG) facilities. Sembcorp Marine was awarded a contract for the engineering and conversion of two …
NFE taps Sembcorp Marine for FLNG facilities conversion project Read More »
Italian oilfield contractor Saipem has secured a contract by Qatargas worth approximately $4.5 billion, the largest single offshore contract by value in its history. Saipem said on Wednesday that it has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the northeast coast …
Saipem wins the largest single offshore contract in its history 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 …
Juego de roles Port Endeavor de IAPH exigió al máximo a delegados de TOC Américas 2022 Read More »
