To mark the Lunar new year, we take a look at the Chinese newbuilding orderbook, using VesselsValue data. The infographic highlights the Chinese orderbook by top Chinese ordering companies and insight into the ships currently being built at Chinese yards. Of the top Chinese companies ordering vessels last year, China Merchants Shipping ranks first, with …
On 5 February 2025, the UK Supreme Court will hear the appeal in the MSC Flaminia. In brief, following a fire and explosions on board the Flaminia, the owners incurred various salvage and other expenses which they sought to claim from the time charterers, who were found liable for the owners’ losses arising out of …
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10% hike on tariffs from China in addition to massive increases in ocean container freight rates due to conflict in the Red Sea. Latest data from Xeneta – the ocean and air freight intelligence platform – …
Spot premiums for Asia’s high sulphur fuel oil (HSFO) market extended declines on Tuesday as softer offers emerged, while broader sentiment remained uncertain. Russia is likely to continue exporting usual volumes of its HSFO barrels, which will eventually find their way to the receiving markets, according to industry sources. Slower Chinese import demand also capped …
Law firm Stephenson Harwood LLP has advised Gearbulk on the restructuring of its finance arrangements in connection with a corporate reorganisation taking place in January 2025 which sees one of its existing shareholders, Mitsui O.S.K. Lines (MOL), increase its stake in Gearbulk to 72%, and a reorganisation of Gearbulk’s business operations to be wholly focused …
Stephenson Harwood advises Gearbulk on refinancing project and ship transfers Read More »
Durante la Asamblea General de Barcelona-Catalunya Centre Logístic (BCL) se haprocedido a la elección del nuevo Comité Ejecutivo y sus correspondientes órganos degobierno, recayendo la presidencia en José Alberto Carbonell, presidente de la AutoridadPortuaria de Barcelona. Al frente de las tres vicepresidencias de la entidad están Pere Navarro, delegado especialdel Estado en el Consorci de …
José Alberto Carbonell, presidente del Port de Barcelona, asume la presidencia de BCL Read More »
Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential deepwater plays through lease agreements. The post Exclusive interview: Velesto going …
Hydrogen Europe and 16 other European associations working on the development of the hydrogen market have called on the European Commission to revise the bloc’s hydrogen policy. The post European Commission urged to reassess hydrogen policy appeared first on Offshore Energy.
German shipping giant Hapag-Lloyd has revealed long-term financing totaling $4 billion for the 24 […] The post Hapag-Lloyd unveils $4B green financing for 24 LNG dual-fuel boxships appeared first on Offshore Energy.
Noble Corporation has outlined plans to permanently put out of drilling work two cold-stacked drillships, as part of its cost and fleet optimization quest. The post Noble pulling cold-stacked drillship duo from drilling duty for good appeared first on Offshore Energy.
