US-based provider of liquified natural gas (LNG) and hydrogen services Stabilis Solutions has entered into a memorandum of understanding (MoU) with Port Isabel Logistical Offshore Terminal (PILOT) to speed up the use of LNG as a marine fuel at the port. Under the terms of the MoU, the duo will work together to provide LNG bunkering solutions …
Stabilis and PILOT team up on LNG fueling solutions for marine vessels Read More »
Thailand’s largest floating photovoltaic (PV) farm located on the surface of a dam in the northeast province of Ubon Ratchathani has been commissioned. The 58.5 MW PV farm, occupying an area of 121 hectares, was grid-connected earlier this month. Source: Sungrow PV inverter solutions and floating solutions for the PV farm were delivered by Sungrow. …
Thailand’s largest floating solar farm connected to grid Read More »
Finland-based scrubber manufacturer Langh Tech has launched its new ballast water management system (BWMS). The launching took place on board Linda, a Feedermax vessel owned by Langh Tech’s sister company Langh Ship, on 20 September. Image Courtesy: Langh Tech As explained, the in-house product development project was completed on a very fast schedule – in …
Alicia Villauriz reconoce el trabajo conjunto de las Organizaciones de Productores de la Pesca para mejorar la gestión sostenible de los recursos pesqueros Reitera el apoyo del ministerio para que las OPPs puedan desempeñar su actividad de forma sostenible y mejorar la comercialización de los productos y, de esta forma, incrementar su rentabilidad La secretaria …
The Federal Government has declared seafarers as ‘key workers’ to fulfil international obligation in line with the resolution of International Maritime Organization (IMO), official sources told Business Recorder. The Maritime Affairs Division recently apprised the Cabinet that the Ministry of Foreign Affairs, forwarded a circular letter issued by IMO’s and IMO urging member countries to …
John Lewis is chartering a fleet of extra ships, along with a number of other businesses, to make sure it has Christmas stock on time. Retailers have been grappling with a host of supply chain problems from driver shortages to shipping delays. John Lewis chair Sharon White said the business was throwing everything at the …
John Lewis charters ships to ensure Christmas stock arrives Read More »
New York and Connecticut investment funds rushed into shipping in the decade after the financial crisis, believing they’d make a killing buying low and selling high. Many failed miserably, much to the amusement of industry old-timers — the shipping cycle is not as predictable as newcomers think. But at least some funds did indeed buy …
Investor scores a fortune selling container ships named after Patriots Read More »
Este barco, de la compañía Phoenix Reisen, escaló por primera vez en el puerto con 603 pasajeros a bordo, en su mayoría alemanes. Las autoridades autonómicas y locales entregaron una placa al capitán, Elmar Wilfried Muehlebach, como homenaje a la primera visita del navío a Cantabria. El buque AMERA, consignado por PEREZ & CIA y …
El crucero AMERA, primero en visitar Cantabria desde el inicio de la pandemia Read More »
The Breakwave Dry Bulk Shipping ETF (BDRY) increased by a small amount this week and closed very close to its all-time intraday high of $31.00. Sentiment and FFA values have improved as spot freight rates have found even more strength. Capesize rates have again experienced a particularly large rise, and we continue to stress that …
Number of Reported Brazilian Spot Iron Ore Cargoes Set 2021 Record This Week Read More »
Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam this year, its chief executive said on Thursday. Maersk lifted its 2021 outlook again on Thursday, riding the rise in freight rates which has resulted from a congested global supply chain. The coronavirus pandemic has prompted shortages of …
Maersk CEO sees no sign of freight market easing this year Read More »
