Brent crude oil prices are now back to the low $60s and where they were at the end of 2019, before the pandemic hit. Although VLSFO price quotes are not quite back to earlier levels, part of this will be because of the market assessments and initial introduction of the VLSFO grade at end 2019/early …
Marine shipping supports over 90 per cent of global trade and one quarter of all Canadian exports and imports, by value, are transported by marine shipping. Billions of tonnes of products are moved by ships that require enormous volumes of fossil fuels, which leaves damaging impacts on global marine ecosystems. NEOLINE, a maritime transport company, …
Cargo vessels could one day be powered by wind energy, company says Read More »
MABUX World Bunker Index decreased during the week. The 380 HSFO index has decreased from 407.92 USD/MT to 420.77 USD/ MT (+12.85 USD), VLSFO has added 15.16 USD: from 497.76 USD/MT up to 512.92 USD/MT. MGO LS increased by 12.34 USD from 572.70 USD/MT to 585.04 USD/MT. The Global Scrubber Spread (SS) – the difference …
Marge Books ha publicado Competencias directivas, escrito por de Llorenç Guilera, un libro en el que se definen las principales cualidades de un líder, siempre vinculadas a su inteligencia emocional. En esta obra el lector descubrirá una visión novedosa sobre cómo motivar y conducir personas trabajando en equipo para conseguir un objetivo común. Nuestra sociedad …
Aun así, la economía española no regresará a los niveles prepandemia hasta 2023 El Fondo Monetario Internacional (FMI) ha mejorado su previsión de crecimiento de la economía española en cinco décimas para 2021, situándolo en un 6,4%, según la edición de abril de su informe semestral ‘Perspectivas de la economía Mundial’ (World Economic Outlook, WEO). …
El FMI mejora las previsiones de crecimiento para España en 2021 Read More »
La Dirección General Marítima (Dimar), a través del Centro de Investigaciones Oceanográficas e Hidrográficas del Pacífico (CCCP), adelanta por primera vez, técnicas instrumentales que buscan contribuir con la protección y conservación de los ecosistemas marinos con el análisis de la huella de hidrocarburos en muestras de sedimentos. Para ello, el CCCP, a través de su …
Watson Farley & Williams LLP (“WFW”) has advised Banco Santander, S.A. (“Banco Santander”), through its Hong Kong Branch, as lender, facility agent and security agent, and Korea Trade Insurance Corporation (“K-SURE”) on a US$77.1m K-SURE-supported term loan facility for Evergreen Marine Corporation (Taiwan) Ltd. (“Evergreen”) to finance the acquisition of four newbuilding container ships. The …
WFW advises Banco Santander on US$71.1m K-SURE loan facility for Evergreen Read More »
The maritime industry will need to invest around $3.4 trillion in the next 30 years to replace the existing fleet in line with the shipping sector’s decarbonization plans. The projection was made earlier today by the shipping industry’s top analyst Mr. Martin Stopford, Non-Executive President -of Clarkson Research Services Limited, while giving a keynote speech …
Liquefied natural gas (LNG) as a marine fuel has been touted as the best available solution for the maritime industry to reduce its greenhouse gas emissions for a while now. It has been transported for over 40 years and the shipping sector has learned a lot about it as a cargo but also as a fuel. …
LNG as fuel should be a no-brainer. So, what’s the hold-up? Read More »
Norway-based designer and shipbuilder VARD has selected Austrian manufacturer of hydraulic systems Palfinger to supply equipment for Ocean Infinity’s eight new robotic vessels in Armada fleet. Marine robotic vessel for Ocean Infinity (Courtesy of VARD Group) In 2022, the series of eight vessels will expand the newly launched Ocean Infinity’s Armada fleet to a total …
Palfinger to provide equipment for new robotic vessels in Armada fleet Read More »
