El cónsul general de la República de Corea en Barcelona, Taewan Huh, acompañado por el cónsul general adjunto, Junho Choi, ha visitado el Port de Barcelona. Ha sido recibido por la presidenta del Port de Barcelona, Mercè Conesa; el subdirector general de Estrategía y Comercial, Santiago Garcia-Milà, el jefe deEstrategia, Jordi Torrent; el jefe de …
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday as the capesize segment extended its losing streak to a seventh straight session. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 76 points, or 4.6%, at 1,561 points, …
Baltic index slips as capesizes dip for seventh straight session Read More »
It has been a year of disruption for shipping. With COVID-19 altering supply chains and exerting unexpected pressures on our operations, the industry now finds itself at a turning point, caught between mitigating current challenges and thinking about how to build back better in the new normal we face. In terms of the digital domain, …
Accelerated by disruption; shipping’s digital revolution in the pandemic era Read More »
With Covid-19 rising in many large oil markets uncertainty about the future of oil’s fundamentals remains unusually high. Any change in this state of affairs depends on how the pandemic develops. The World Bunker Index MABUX continued slight upward evolution for a week. The 380 HSFO index rose from 292.38 to 297.65 USD/ MT (+5.27 …
After a period with short-term container freight rates reaching record highs on many of the major container shipping trades, long-term rates are now also experiencing a boost. Particularly long-term freight rates between the Far East and the US have jumped, copying the development in short-term contracts which have seen the increase in freight rates to …
Long-term freight rates to the US jump USD 550 in a day Read More »
Saudi Aramco is aiming to secure ABS environmental protection notations for its fleet. Saudi Aramco intends to achieve the ENVIRO notation for each of the 23-strong fleet of offshore support vessels, tugs, self-elevating units, and special purpose vessels. Seven (7) vessels have already been awarded the notation, with the remainder of the fleet in the …
Saudi Aramco Fleet Aims for Higher Environmental Standards Read More »
New York City-based New Fortress Energy has signed a Memorandum of Understanding with PNOC to develop LNG-to-power infrastructure in the Philippines. Illustration. Courtesy of New Fortress Energy Under the deal, the Philippine National Oil Company and NFE work together to identify potential opportunities to accelerate the development of LNG and power infrastructure in the country, …
Towage operator Svitzer Europe, part of Maersk, revealed plans to start operations in Seaport Emden — Germany’s third-largest North Sea port — from 1 January 2021. As informed, the company will deploy two tugboats — the Svitzer Valand, a tractor tug with 45 tons bollard pull and part of the organisation’s existing European fleet, and the newly …
Australian government has dedicated AUD 4.8 million (around € 2.9 million) from its 2020-2021 Federal Budget to the development of a regulatory framework related to offshore renewables. According to the budget document, the funds will “support the development of a regulatory framework for offshore clean energy infrastructure industry, consistent with the Australian Government Charging Framework”. …
Australia earmarks € 2.9 million for offshore renewables regulatory framework Read More »
Tekmar Group has appointed Alasdair MacDonald as its new Chief Executive Officer. Alasdair MacDonald (Courtesy of Tekmar Group) MacDonald was Chairman of Tekmar Energy for five years prior to the company’s flotation in June 2018, when he became Non-Executive Chairman of Tekmar Group. With over 30 years’ experience in offshore energy, MacDonald held senior executive …
