The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday to snap a seven-session winning streak on weaker capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 11 points at 1,658 points. The capesize index fell …
Worldwide, policy-makers and industry leaders are ramping up the decarbonization of “hard-to-abate” sectors such as shipping and the chemical industry. While electrification has advanced this process for passenger cars, buildings and some industries, it remains challenging for energy-dense and high-temperature applications. This is where electro-methanol (e-methanol) stands out. Produced by combining green hydrogen with captured …
Why e-methanol is a game changer for decarbonizing shipping and industry Read More »
Yesterday, the International Chamber of Shipping (ICS) and the Comité Maritime International (CMI) launch an updated campaign for ‘Promoting Maritime Treaty Ratification’. There is a long-standing concern that many governments are not ratifying important international conventions despite their adoption at IMO and other regulatory fora. To assist in addressing this issue ICS and CMI have …
ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification Read More »
Global trade hit a record $33 trillion in 2024, expanding 3.7% ($1.2 trillion), according to the latest Global Trade Update by UN Trade and Development (UNCTAD), which warns that while trade remains strong, uncertainty looms in 2025. Services drove growth, rising 9% for the year and adding $700 billion – nearly 60% of the total …
The Maritime Technologies Forum (MTF) has today released a report providing recommendations on how to develop and implement a Safety Management System (SMS) for ammonia-fuelled ships. Recognizing the industry’s forecasts on the uptake of future fuels with low to zero carbon emissions, ammonia has emerged as one frontrunner. However, it presents new risks such as …
El Boletín Estadístico de Valenciaport refleja que las toneladas intercambiadas con Angola en febrero crecen un +2.200,88%, un +44,41% con Israel y un 18,71% con Argelia. Por su parte, China continúa siendo el principal socio comercial de Valenciaport con 129.724 TEUs intercambiados con los puertos asiáticos en los dos primeros meses del año · Respecto a la …
Angola, Israel y Argelia lideran los aumentos de tráficos de Valenciaport en febrero Read More »
For the first time ever, Switzerland-based renewable energy producer Axpo has supplied a container […] The post Axpo’s LNG delivery marks ‘inaugural’ STS operation for a boxship at the Port of Málaga appeared first on Offshore Energy.
Se ha logrado una mayor especialización del servicio de estiba, que irá reduciendo los tiempos de espera en la Terminal.Los operadores contarán con una plataforma de información abierta en la que se podrán comprobar cuales son las horas de mayor actividad para evitar posibles retrasos en la operativa.Otra de las mejoras alcanzadas ha sido la …
Latin America’s first electric tug, which will operate in Chile under an agreement between state-owned company Empresa Nacional del Petróleo (Enap) and harbor towage services provider SAAM, is wrapping up sea trials at Sanmar shipyard’s vicinity in Tuzla Bay, Istanbul. The post Enap and SAAM’s electric tug aces sea trials before traveling to Chile appeared …
Enap and SAAM’s electric tug aces sea trials before traveling to Chile Read More »
Taiwan’s state-owned petroleum company CPC Corporation has awarded an engineering, procurement, and construction (EPC) contract for the construction of liquefied natural gas (LNG) cryogenic tanks at its Kaohsiung Intercontinental LNG terminal to Taiwan’s EPC services provider CTCI Corporation and Japan’s IHI Plant Services Corporation (IPC), part of IHI Group. The post Asian duo wins $810 …
Asian duo wins $810 million LNG terminal expansion gig in Taiwan Read More »
