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Drewry: World Container Index Down 3.8% on Week, But 67% Higher Than a Year Ago

Drewry’s composite World Container Index decreased by 3.8% to $8,152.09 per 40ft container this week. Our detailed assessment for Thursday, 31 March 2022 • The composite index decreased by 3.8% this week, but, remains 67% higher than a year ago. • The average composite index of the WCI, assessed by Drewry for year-to-date, is $9,198 …

Drewry: World Container Index Down 3.8% on Week, But 67% Higher Than a Year Ago Read More »

Yara International And Azane Fuel Solutions To Launch World’s First Carbon-Free Bunkering Network To Deliver Green Ammonia Fuel To The Shipping Industry

The world’s first carbon-free ammonia fuel bunker network is arriving in Scandinavia. Yara International has pre-ordered 15 floating bunkering terminals from Azane Fuel Solutions enabling shipping fleets’ uptake of green ammonia as fuel. Yara International and Azane Fuel Solutions have signed a commercial agreement to establish a carbon-free ammonia fuel bunker network in Scandinavia. The …

Yara International And Azane Fuel Solutions To Launch World’s First Carbon-Free Bunkering Network To Deliver Green Ammonia Fuel To The Shipping Industry Read More »

Xeneta: Reliability on the westbound transatlantic trade has deteriorated. North Europe to US East Coast now at just 18%

Reliability on the westbound transatlantic trade has deteriorated. The latest data shows that only 18% of ships arrived on time in January, another record low, with the average delay for the ships arriving late standing at 9.5 days. Looking across the alliances, the best performing alliance was 2M, with 23% of its ships arriving on …

Xeneta: Reliability on the westbound transatlantic trade has deteriorated. North Europe to US East Coast now at just 18% Read More »

DNV and Veracity become key enablers in BHP’s Scope 3 maritime emissions strategy

DNV and BHP have announced a partnership focusing on the use of DNV’s independent cloud platform, Veracity, to enable timely and accurate greenhouse gas (GHG) emissions reporting, management and insights from BHP’s chartered vessels. The project aims to support BHP in its ongoing efforts to see Scope 3 GHG emissions from its chartered vessels reduced. …

DNV and Veracity become key enablers in BHP’s Scope 3 maritime emissions strategy Read More »

In focus: Both political and corporate efforts needed to amp up transition to clean energy

Both government and commercial efforts are needed to speed up the transition to clean energy, since, as Shell says, the transition is not just about reducing CO2 emissions, but it is rather a political balancing act that needs government-led policies. The post In focus: Both political and corporate efforts needed to amp up transition to …

In focus: Both political and corporate efforts needed to amp up transition to clean energy Read More »

KSOE bags $450M order for 2 LNG carriers

South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for the construction of two liquefied natural gas (LNG) carriers. The post KSOE bags $450M order for 2 LNG carriers appeared first on Offshore Energy.

Subsea engineering survey wraps up at Marinus Link

The subsea engineering survey of Australian Marinus Link, a proposed 1500 MW subsea and underground electricity connection between Victoria and Tasmania, has been completed. The post Subsea engineering survey wraps up at Marinus Link appeared first on Offshore Energy.

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