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BIMCO Container Shipping Outlook: Shifts in US policy supercharge market uncertainty

Since President Trump took office for a second time, US geopolitical, trade and shipping policy shifts have supercharged market uncertainty while appearing likely to become key drivers of future supply and demand developments. In our base scenario, we forecast a weakening of the supply/demand balance during both 2025 and 2026. We assume that ships can …

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US oil industry warns against proposed fees on Chinese ships

The American Petroleum Institute warned that proposed US port fees on Chinese vessels could harm the US’ position as one of the world’s largest oil exporters, with freight costs set to rise under such a scheme. Based on a Section 301 investigation of “China’s targeting of the maritime, logistics, and shipbuilding sectors for dominance,” the …

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Baltic index down for third straight session on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates in the capesize segment. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 13 points, or 0.8%, to 1,621 points. …

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La agenda marítima, portuaria y logística de la región se debatirá en AAPA LATAM PERÚ 2025

El evento más importante del sector marítimo-portuario en América Latina llega a Lima del 24 al 27 de junio con una agenda enfocada en el futuro, abordando los grandes desafíos tecnológicos y ambientales del sector. La elección de Perú como sede del evento icónico de la industria portuaria de América Latina, AAPA LATAM, tiene además …

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Port of Antwerp-Bruges, MPA Singapore team up on maritime digitalization, decarbonization

Belgium’s Port of Antwerp-Bruges and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MOU) to collaborate on maritime decarbonization and digitalization. The post Port of Antwerp-Bruges, MPA Singapore team up on maritime digitalization, decarbonization appeared first on Offshore Energy.

El Ministerio de Agricultura, Pesca y Alimentación abre la pesquería de la sardina ibérica para el cerco en el Cantábrico y noroeste

La campaña comenzará a partir de las 0.00 horas de mañana, 20 de marzo, y la flota dispondrá de una cuota de 10.132 toneladas El Boletín Oficial del Estado (BOE) ha publicado la resolución de la Secretaría General de Pesca por la que se declara el inicio de la pesquería de sardina ibérica el Cantábrico …

El Ministerio de Agricultura, Pesca y Alimentación abre la pesquería de la sardina ibérica para el cerco en el Cantábrico y noroeste Read More »

New MIT Maritime Consortium sets out to tackle industry challenges

Maritime industry leaders and the Massachusetts Institute of Technology (MIT) have formed a new consortium to address challenges in the global shipping industry. The post New MIT Maritime Consortium sets out to tackle industry challenges appeared first on Offshore Energy.

Cheniere reaches 4,000th LNG cargo mark ‘faster than any producer in history’

U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has celebrated the 4000th shipment of LNG cargo at its terminal in Louisiana. The post Cheniere reaches 4,000th LNG cargo mark ‘faster than any producer in history’ appeared first on Offshore Energy.

Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals

There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found. The post Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals appeared first on Offshore Energy.

16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund

The Danish Energy Agency has received applications from 16 companies in the call for […] The post 16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund appeared first on Offshore Energy.

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