Governments need to support the maritime industry’s actions toward a net-zero future, according to Christopher J. Wiernicki, ABS Chairman, President and CEO. The post ABS CEO: Maritime industry needs gov’t support to drive decarbonization appeared first on Offshore Energy.
Chinese utility Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG for 20 years from U.S. LNG project developer NextDecade’s Rio Grande LNG. The post Guangdong Energy to buy LNG from NextDecade’s Rio Grande appeared first on Offshore Energy.
Due to supply concerns at domestic power plants, Indonesian authorities banned coal exports during January 2022, removing around 30% of global coal volumes from the bulk market as a result. This caused Newcastle coal futures to increase by more than a third and added strain on coal inventories across Asia. The ban was lifted in …
Bunker supply in China’s Zhoushan — the country’s biggest bunkering port — is expected to tighten in the second quarter, due to unfavourable market dynamics and uneconomic pricing to bring in cargoes from Singapore, market sources said March 24. China’s bunker sales have grown rapidly amid competitive prices. China’s fuel oil exports over January-February were …
China’s Zhoushan faces bunker supply crunch on drying volumes, expensive imports Read More »
World Container Index decreased by 4.1% to $8,470.45 per 40ft container this week. The composite index decreased by 4.1% this week, but, remains 74% higher than a year ago. The average composite index of the WCI, assessed by Drewry for year-to-date, is $9,285 per 40ft container, which is $6,130 higher than the five-year average of …
Drewry: World Container Index Still 74% Higher Than a Year Ago Read More »
Mitsui O.S.K. Lines, Ltd. and its group company MOL Information Systems, Ltd. (President: Tsuyoshi Yoshida; Headquarters: Minato-ku, Tokyo) today announced the success of a demonstration test of automated space management for car carriers (booking cargo allocation on operated vessels and accompanying voyage planning), using mathematical optimization, a technology both companies have been working on since …
The Ernst Russ Group ends the 2021 financial year with a positive overall result. The group of companies, which operates internationally as a ship-owner and maritime investment manager, benefits in a pleasing market environment through successful investments and a sustainable employment concept for its fleet. The Ernst Russ Group today presented its business figures for …
Haifa, Israel – March 24th, 2022 – ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is updating a previous announcement regarding its new Asia – Pacific North-West and Asia – East Mediterranean services. Given the current port congestions, and to secure the highest service reliability possible, ZIM has decided to serve the trades with two separate …
ZIM’s Asia – Pacific North-West and Asia – East Med Service Structure Update Read More »
Norwegian company Ocean Sun has signed an agreement with Sunseap to deploy a 1.2MWp floating solar project in Singapore Strait. The post Ocean Sun teams up with Sunseap for full-scale floating solar demo in Southeast Asia appeared first on Offshore Energy.
El contenido de Garmin y Navionics se une, con una paleta de colores actualizada y una apariencia nueva, con cobertura, claridad y detalle excepcional La versión Navionics Vision+ permite visualizar imágenes por satélite y fotos aéreas en 3D de puertos y lugares de interés para observar el entorno de manera realista Garmin da un …
