Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand and for costs to fall, industry executives said. The first green methanol-fuelled container ship, owned by A.P. Moller-Maersk, sailed from South Korea in July. The number of such vessels is …
Shippers bet on green methanol to cut emissions, supply lags Read More »
A significant new judgment issued by the Hong Kong SAR Court of Final Appeal (CFA) is likely to add new impetus to tactical considerations for parties where a collision results in wreck removal. The question before the court in Perusahaan Perseroan (Persero) Pt Pertamina v Trevaskis Ltd and Others [2023] HKCFA 20 (STAR CENTURION c/w …
UK-based PurEmissions Holdings is seeking partners to help develop exhaust gas pollution control technology for the maritime sector by testing its technology on a ship. Illustration. Source: WasteFuel The company already has 15 years of experience in the application of pollution control systems in industrial sectors and is now extending its expertise to address emissions …
PurEmissions seeking partners to demonstrate exhaust gas solution on board a ship Read More »
Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with German-based chemical producer BASF. Illustration; Archive; Courtesy of Cheniere Under the agreement, BASF will purchase up to approximately 0.8 million tonnes per annum (mtpa) of LNG from Cheniere’s Sabine Pass Liquefaction Expansion Project (SPL Expansion Project) in …
BASF to buy LNG from Cheniere’s Sabine Pass expansion project Read More »
Luxembourg-domiciled Subsea 7 has completed its scope of work for the sailaway and offshore installation of a topsides unit for a BP-operated platform in Azerbaijan’s sector of the Caspian Sea. ACE topsides installation; Source: Subsea 7 This confirmation comes shortly after BP revealed it was closing in on the first oil from its Azeri Central …
Subsea 7 winds up its ‘largest float-over ever performed’ Read More »
Norwegian provider of shore power and charging systems for the marine industry Blueday Technology has been selected by the Port of Stavanger to provide its shore power system. Blueday Technology As informed, the BluEco Shore Power system will be installed at the port’s terminal in Risavika (Norway). The Port of Stavanger has approx. 50,000 port calls …
Port of Stavanger picks Blueday Technology’s shore power system Read More »
Norwegian companies OSM Thome and Pherousa Green Shipping have signed a Letter of Intent outlining their collaboration on a series of 63,000 dwt Ultramax vessels about to be ordered by Pherousa. Image credit: PGS The collaboration will involve three stages, the first stage being drawing approval, followed by stage two which will involve project development, …
Pherousa teams up with OSM Thome on ammonia-powered Ultramax newbuilds Read More »
■ El proyecto busca reducir de forma significativa las emisiones contaminantes y eliminar el ruido asociado al funcionamiento de los motores durante la estancia en puerto ■ De manera complementaria se implementará una instalación fotovoltaica sobre la cubierta del mismo muelle La Autoridad Portuaria Pasaia ha iniciado, con la publicación en el Boletín Oficial del …
As wholesale inventories dwindle in the U.S., the ongoing restrictions at the Panama Canal could have implications for Christmas stocks and supply chains. With the imminent Christmas shopping season, the delay in inventory restocking due to shipping disruptions and congestion at the Panama Canal could result in missed sales opportunities for businesses. The present disruptions …
Potential Shortages Loom as Panama Canal Restrictions Impact Holiday Stocks Read More »
A Cargill chartered dry bulk ship has launched on its first voyage since being fitted with special sails, aiming to study how harnessing wind power can cut emissions and energy usage in the shipping sector, the U.S. commodities group said on Monday. The maritime industry – which accounts for nearly 3% of global CO2 emissions …
Cargill chartered ship sets sail to test wind power at sea Read More »
