North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on a European affiliate of China’s state-owned oil and gas giant for breaching its venting consent on two separate occasions at a field located 60 miles northeast of Aberdeen. The post UK hits Chinese oil & gas giant’s European arm with £125K fine in …
Norway-based TMC Compressors has been hired by South Korea’s Samsung Heavy Industries (SHI) to supply marine compressed air systems for a set of liquefied natural gas (LNG) carriers the latter is building for an undisclosed national energy company. The post Korean duo picks TMC Compressors for 32 ships set to work for ‘LNG shipping major’ …
Korean duo picks TMC Compressors for 32 ships set to work for ‘LNG shipping major’ Read More »
The International Longshoremen’s Association (ILA) strike in October 2024 sent ripples through the global shipping industry, affecting operations, logistics and supply chains worldwide. As we look toward 2025, understanding the implications of both this labor action and the threat of another strike if an agreement between United States Maritime Alliance (USMX) and the ILA is …
Navigating the Waters: Another ILA Strike on the Horizon? Read More »
Con 333 escalas, un 4 por ciento menos que en 2023, se mantiene como primer puerto andaluz en cruceros y segundo peninsular, detrás de Barcelona El Puerto de la Bahía de Cádiz ha cerrado 2024 con un nuevo registro histórico en el número de pasajeros de cruceros, con 695.171, un 2 por ciento más que …
El nuevo Digital Hub de la división de Industrial Trucks & Services (KION ITS) de KION Group nace con la misión de desarrollar productos digitales para las marcas del grupo. Andreas Krinninger, presidente de KION ITS EMEA del Grupo Kion, acompañado por Paulina Juárez, Vicepresidenta Sénior en España y Portugal de la compañía, y Víctor …
MSC añadió 692.000 TEUs a su flota en 2024, creciendo más que el promedio del mercado del 12,3%
“At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. As 4.4m TEU were contracted during 2024, the second highest ever, the order book grew despite deliveries hitting a new …
Container ship order book hits new record high of 8.3m TEU Read More »
The Fuel EU Maritime is the latest EU regulation aimed at the maritime sector, which came into force on the 1st of January 2025. It is part of the European Union’s broader “Fit for 55” package of legislation, which aims to reduce net greenhouse gas emissions by at least 55% by 2030 compared to 1990 …
FuelEU Maritime – what is it, and what does it mean for shipping? Read More »
Crude/condensate exports from the “Big-3” producers (Saudi Arabia, US and Russia) fell in December, led by a sharp drop in Russian-origin exports. A decline in December of key seaborne exports, particularly in the case of discounted Russian crude could be seen as bullish, but this is countered by lingering concerns over weak demand as we …
Big-3’s crude exports dip in December, led by Russia Read More »
Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol: ADNOCLS / ISIN: AEE01268A239), a global leader in energy maritime logistics. Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 …
Navig8 Announces Completion of 80% Acquisition by ADNOC L&S for $1.04 Billion Read More »
