Drewry: Multipurpose Time Charter Index Expected to Increase Further in September

The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include breakbulk and project cargo ships. The Drewry Multipurpose Time Charter Index is again slightly above our forecasted value for August of $9,245 pd, …

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ABS Delivers Hydrogen and Wind Propulsion Reports for the European Maritime Safety Agency

A 360-degree analysis of hydrogen as a marine fuel and wind-assisted propulsion are the latest in a series of reports studying alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA) delivered by an ABS-led consortium, including CE Delft and Arcsilea. EMSA is committed to supporting the European Commission, the Member States, the …

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ClassNK grants Innovation Endorsement for Products & Solutions to ‘Infinity’, ‘Angel’ and ‘Spectrum’

ClassNK has granted its Innovation Endorsement for Products & Solutions to Cybersecurity solutions ‘Infinity’, ‘Angel’ and ‘Spectrum’ from Navarino Single Member S.A. In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. ClassNK supports the deployment of products and services through third-party certification for equipment …

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21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS). The post 21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters appeared first on Offshore Energy.

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