The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to work in China is not enough to support the market. Demand drivers and freight rates The dry bulk shipping market has had an appalling start to the year, with …
Dry Bulk Shipping: No Quick Recovery For The Dry Bulk Market As Covid-19 Digs Deeper Read More »
Shipowners see ammonia and hydrogen as the most attractive fuel options for the long term, according to an ABS survey. Nearly 60 per cent of respondents said they viewed hydrogen and ammonia as the most attractive fuel choices in the long-term. The survey of shipowners and operators registering for an ABS webinar, Pathways to Sustainable …
BIMCO, the world’s largest shipping association, has moved a step closer to finishing a global set of guidelines needed to protect the marine environment from invasive species and reduce CO2 emissions. Currently, there is no common global standard for cleaning ships’ hulls to avoid transferring invasive aquatic species, nor for the potentially damaging debris washed …
First global standard for ship hull cleaning essential for marine ecosystems Read More »
The European Union’s carbon market could capture a large chunk of emissions from outside Europe if the bloc succeeds in including shipping in the scheme, according to the European Commission’s first report on maritime CO2 emissions. Pollution from ships plying international waters typically escapes countries’ domestic emissions-cutting targets, but the EU’s executive has said the …
Shipping plan would reel international emissions into EU carbon market Read More »
MOL and LTW have signed a contract to build and charter an LNG terminal ship—known in the industry as a Floating Storage and Regasification Unit (FSRU)—for the planned LNG landing terminal in Wilhelmshaven on the North Sea. LTW is the project developer and operator behind the future LNG terminal in Wilhelmshaven and a fully owned …
Hai Long Offshore Wind intends to use Siemens Gamesa’s new SG 14-222 DD offshore wind turbine at the upcoming 300 MW Hai Long 2 project in Taiwan. The deployment of the new turbine for the rest of the 1,044 MW Hai Long pipeline is also being considered, Siemens Gamesa said. The exact number of units …
Taiwan debut for Siemens Gamesa offshore wind giant Read More »
Three tidal developers, Orbital Marine Power, SABELLA and Sustainable Marine Energy (SME), have joined forces as a Tidal Alliance at OEE2020. The Tidal Alliance is the result of industry players believing in the potential of the sector to be both a climate-friendly solution and an economic opportunity. Ocean Energy Europe CEO Rémi Gruet highlighted the significance of these …
Orbital Marine, SABELLA and SME form Tidal Alliance for OEE2020 Read More »
Tekmar Group has revealed the involvement of its operating companies in the 12 MW Coastal Virginia Offshore Wind (CVOW) project in the U.S. Tekmar Energy supplied Seaway 7 with TekLink cable protection systems and TekDuct cable crossing protection for the construction phase of the project. AgileTek Engineering performed product design verification analysis on behalf of …
Tekmar reveals Coastal Virginia Offshore Wind project roles Read More »
Oslo-based Wallenius Wilhelmsen has pilot-tested Jotun’s remotely-operated proactive hull cleaning robot onboard one of its RORO carriers. Jotun Hull Skating Solutions combines remotely operated underwater robotic Jotun HullSkater, a special antifouling coating named SeaQuantum Skate and a range of customized services including inspection, technical service and performance level guarantees. Image credit Jotun The HullSkater is a …
Wallenius Wilhelmsen tests Jotun’s remotely-operated hull cleaning robot Read More »
Wind turbine installation works have started at the Borssele III & IV offshore wind farm in the Netherlands, according to the Blauwwind consortium’s social media posts. Van Oord’s installation vessel Aeolus, which will install all 77 MHI Vestas 9.5 MW turbines, has arrived at the project site on 25 May, according to the vessel’s AIS …
Wind turbine installation starts at Borssele III & IV Read More »
