In light of the G7 summit of leaders starting this Friday, the ETF reiterates its call for an international agreement on a global minimum tax for multinational companies. • Global tax could be an important tool in addressing the negative effects of the use of flags of convenience in global shipping which allows shipowners of …
Global minimum tax: a game changer for EU shipping? Read More »
Watson Farley & Williams (“WFW”) has advised Borealis Finance LLC (“Borealis”) on its agreement to sell 12 containerships to Global Ship Lease, Inc. (“GSL”) for an aggregate price of US$233.9m, which is expected to include the issuance in a private placement of US$35m of GSL’s existing 8.00% senior unsecured notes, which trade on the NYSE …
WFW advises Borealis on US$233.9m sale of 12 containerships to Global Ship Lease Read More »
GAC has been named the best shipping agent in the 14th edition of ShipTek International Awards, which recognise companies that have made significant contributions to the maritime industry. Organised by Biz Events Management, a subsidiary of Aries Group of Companies, the awards ceremony was held in conjunction with a two-day maritime, offshore and oil & …
Global, sector-focused law firm HFW has continued to strengthen its market-leading shipping practice with the hire of Master Mariner Mark Myles. Mark has more than 20 years’ experience in the shipping industry as a mariner and lawyer, and joins HFW’s Singapore office from Reed Smith. This follows the arrival in of mariner Joel Cockerell, who …
HFW Continues To Strengthen Global Shipping Practice With Singapore Master Mariner Hire Read More »
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action. During the past several weeks a combination of climate activists, investment funds, and courts have chipped in to pressure companies like ExxonMobil, …
Big money forcing Big Oil into climate change revolution Read More »
Rolls-Royce is testing a sustainable power supply based on hydrogen fuel cells at the Friedrichshafen plant, in order to assume a pioneering role in fuel cell applications. Courtesy of Rolls-Royce A 250-kilowatt demonstrator is in the process of being set up at the Friedrichshafen plant of Rolls-Royce’s Power Systems division to test future zero-carbon energy …
Rolls-Royce tests hydrogen fuel cells for zero-carbon future Read More »
Norway’s Ulstein Verft has floated out National Geographic Resolution, Lindblad Expeditions’ expedition cruise vessel designed for polar waters. After months out of sight in the dock hall and the completion of hull outfitting work at Ulstein Verft, the 126 meter long polar vessel was docked out on 8th June 2021. Photo by Ulstein Verft Even …
Lindblad’s National Geographic Resolution hits the water Read More »
U.S. LNG producer Cheniere Energy will work with natural gas companies and academic institutions to quantify, monitor, report and verify (QMRV) greenhouse gas (GHG) emissions at LNG production sites. Courtesy of Cheniere A subsidiary of Cheniere will be running the project. The natural gas producers joining the project are Aethon Energy, Ascent Resources, EQT, Indigo …
Cheniere to collaborate on monitoring GHG emissions Read More »
South Korea’s Hyundai Heavy Industries (HHI) has contracted Norway’s TMC Compressors for marine air lubrication system (ALS) to five newbuild LNG carriers. Courtesy of TMC Compressors The five LNG carriers are being constructed by Hyundai Heavy Industries and Hyundai Samho Heavy Industries. Each of the LNG carriers will have a cargo capacity of 174,000 cubic …
TMC Compressors chosen for HHI’s new LNG carriers Read More »
3rd Officer for ContainerFREE EMPLOYMENT– 10.06.2021– 6+/-1 contract duration– 2600-2700 USD SALARY– 34.000 DWT Interesados: containers@olivecrew.com
