China Petroleum & Chemical Corporation (Sinopec) has inked a deal to build a new LNG terminal in Zhoushan. Courtesy of Sinopec The company has signed a deal with the Zhejiang provincial government worth $2.8 billion to develop a 15 mtpa import terminal. According to a Reuters report citing a government notice, the facility will include …
Cabling specialist NKT has appointed Line Andrea Fandrup, executive vice president, chief financial officer (CFO). She joins NKT no later than 1 November 2020. Line Andrea Fandrup joins NKT from Rockwool as Group finance vice president with insights to finance, treasury and investor relations. Prior to that, she has held finance positions with Danish based …
El Puerto de Málaga guarda un minuto de silencio en recuerdo a las víctimas fallecidas por el COVID-19 sumándose, así, a la declaración de luto oficial convocada por el Gobierno central. Las banderas de la Autoridad Portuaria ondearán a media asta hasta el próximo 6 de junio.
DEME Offshore has joined the team behind the PosHYdon project that aims to integrate offshore wind, offshore gas, and offshore hydrogen in the Dutch part of the North Sea. Within the project, DEME Offshore will be in charge of providing the hydrogen unit for installation on the Q13a platform, operated by Neptune Energy. There, the …
The European Commission has unveiled a €750 billion recovery plan aimed at ensuring economic recovery from the impacts of the COVID-19 crisis. The Next Generation EU fund consists of allocations for € 500 billion and loans for € 250 billion. Combined with targeted reinforcements to the long-term EU budget for 2021-2027, the fund will bring …
EU Commission’s €750 billion recovery plan to make sustainable transportation a priority Read More »
The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders. Ports operator DP World (DPW.DI) said on Thursday it would join shipping company Maersk (MAERSKb.CO) and other peers in a blockchain platform aimed at …
From bikes to blockchain: Shipping industry goes digital in lockdown Read More »
Behind every casualty and vessel total loss statistic are seafarers that have lost their lives, been injured, or suffer long-term physical or mental effects. While the number of reported seafarer deaths dropped from 165 in 2015 to 55 in 2016, it rose to 112 in 2019 (figure 1 below) according to the inaugural State of …
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) fell slightly on May 28: 380 HSFO – USD/MT – 254.08 (-6.34) VLSFO – USD/MT – 295.00 (-5.00) MGO – USD/MT – 371.18 (-1.26) Meantime, world oil indexes in turn changed irregular on …
The Venezuelan navy said it escorted a fourth fuel tanker from Iran through its waters on Thursday, while the United States called the shipments to the gasoline-starved country a distraction from problems facing President Nicolas Maduro. The oil industries of Iran and Venezuela are both under U.S. sanctions. Iran is providing its fellow OPEC member …
Fourth Iranian fuel tanker enters Venezuela, U.S. slams ‘distraction’ Read More »
BIO-SCAN™, the UV-C-based surface disinfectant system announced last month by BIO-UV Group has now received certification from two independent testing laboratories. The UV-C virus scanner, which is capable of detecting and eradicating micro-organisms including SARS-CoV-2 from all types of surfaces, is now being marketed across a number of industry sectors, though priority will be given …
BII-UV Group’s Coronavirus Surface Killer Approved Read More »
