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Keel laid for Royal Caribbean’s fourth LNG-powered Icon-class cruise ship

Finland’s Meyer Turku shipyard has held a keel laying ceremony for the fourth liquefied natural gas (LNG)-powered Icon-class cruise ship being built for U.S.-based cruise company Royal Caribbean. The post Keel laid for Royal Caribbean’s fourth LNG-powered Icon-class cruise ship appeared first on Offshore Energy.

Trading platforms teaming up to strengthen Asian LNG market

Singapore’s Abaxx Commodity Exchange and China’s Qingdao International Energy Exchange intend to explore strategic collaboration in the physical liquefied natural gas (LNG) market. The post Trading platforms teaming up to strengthen Asian LNG market appeared first on Offshore Energy.

Switching safely to low-GHG fuels and technologies

As the maritime industry shifts towards low-GHG fuels, ensuring safety during this transition is paramount. This article highlights the critical measures and considerations necessary for a safe and effective switch to low-carbon fuels and technologies. Orderbooks are increasingly filled with LNG and methanol fuelled vessels as well as first ammonia ones, as shipowners respond to …

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OVL Container Launches Coverage Scheme

OVL Container launches the ’Container Repair Coverage’-scheme for one-way leasing, providing much needed predictability and stability to freight forwarders, worldwide. Today, container protection is not only about compliance. In fact, it is business-critical for continuity and confidence in a world with increased volatility and decreased profit margins across the entire supply chain, an expert argues. …

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Baltic Index Climbs To One-Week High On Higher Rates Across All Vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a one-week high on Monday, driven by higher rates across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, increased by 40 points, or 2%, to 2,019 points, its …

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