Every year we handle claims of collisions between merchant and fishing vessels in Chinese waters. Given the significant size and momentum differences between merchant vessels and fishing boats, such incidents can lead to extensive damage and loss of life. Data from China MSA reveals that from 2019 to 2021, collisions between merchant and fishing vessels …
As the January 2025 implementation of the FuelEU Maritime Regulation approaches, industry leaders are rapidly positioning themselves to thrive under the new rules, while smaller companies risk falling behind, facing steep penalties and potential loss of market share, says EmissionLink. This warning comes ahead of the 31st August deadline for shipping companies to prepare and …
The new green-energy vessels feature state-of-the-art design and technology developed by COSCO SHIPPING and offer a large loading capacity especially for reefer containers 30.08.2024 – On 29th August 2024, COSCO SHIPPING Heavy Industry Co., Ltd. and COSCO SHIPPING Container Lines Co., Ltd signed a contract in Shanghai for the construction of twelve 14,000 TEU container …
COSCO SHIPPING builds twelve 14,000 TEU dual-fuel methanol container vessels Read More »
ClassNK published estimated leak frequencies of ammonia fuel from onboard components for ammonia-fueled ships, usable for risk assessment. The estimated leak frequencies were added as an appendix of “Part C of Guidelines for Ships Using Alternative Fuels (Edition 3.0)”. Ammonia, which does not emit CO2 when burned, is expected to be utilized as an alternative …
Ahead of SMM 2024 in Hamburg, Clarksons Research have produced a review comparing the improved shipbuilding and marine equipment markets today against the context of the previous cycles. Over 40,000 industry participants will soon gather in Hamburg for the biannual SMM trade fair, a key event for yards and suppliers. In this week’s Analysis, we …
SMM 2024: Strong Order Flow & Transition Drivers Read More »
Asia benchmarks for very low sulphur fuel oil (VLSFO) posted monthly increases as of Friday, while Kuwait’s Al Zour sold its latest cargo at a narrower discount than the previous one, trade sources said. Prompt-month VLSFO/Dubai crack closed at a premium of around $13.40 a barrel on the final trading day of the month, logging …
Asia Fuel Oil-VLSFO firms month-on-month; Kuwait’s Al Zour cargo trades higher Read More »
El administrador de la Autoridad Marítima de Panamá (AMP), Luis Roquebert y su equipo de trabajo, sostuvieron una reunión de acercamiento con la Junta Directiva de la Cámara Marítima de Panamá (CMP). La delegación de la CMP estuvo encabezada por su presidente, José Digeronimo. Ambas autoridades, manifestaron su firme compromiso de trabajar de la mano …
AMP y CMP se comprometen a impulsar el crecimiento del país Read More »
El concurso ha batido nuevamente el récord de participación con la inscripción de 343 artistas de 44 países, que han presentado un total de 914 obras gráficas en pequeño formato. El presidente de la Autoridad Portuaria, César Díaz, ha destacado “la gran calidad de los trabajos y la buena acogida que tiene el certamen entre …
TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integrated natural gas liquid (NGL) plant and a …
TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (Video) Read More »
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates. The post Velesto optimistic about jack-up market’s future, with ‘another excellent quarter’ in the bag appeared first on Offshore Energy.
