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La utilización por parte del ministerio de las ayudas habilitadas en el FEMP permite dar una respuesta inmediata a esta situación y paliar el impacto socioeconómico en la flota que faenaba en el caladero marroquí Ambas convocatorias van a contar con 302.000 euros en el ejercicio 2023, financiados al 50 % por el FEMP y …
On 7 July 2023, after two weeks of intense negotiations, the member states of the International Maritime Organization (IMO) unanimously adopted the 2023 IMO Greenhouse Gas Strategy. This landmark agreement replaces the 2018 Initial Strategy and significantly strengthens shipping’s greenhouse gas (GHG) reduction targets. Concretely, IMO member states agreed: to reach net-zero GHG emissions from …
A new climate deal for shipping: Three decades to zero Read More »
The MEPC 80 session adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships, with enhanced targets to tackle harmful emissions. The revised IMO GHG Strategy includes an enhanced common ambition to reach net-zero GHG emissions from international shipping close to 2050, a commitment to ensure an uptake of alternative zero and near-zero …
Marine Environment Protection Committee (MEPC 80), 3-7 July 2023 Read More »
The Drewry LNG Shipping Equity Index increased 16.3% YTD (as of 13 July 2023), underperforming the S&P 500, which rose 17.5% during the same period. The stock price of Nakilat jumped 14.5%, that of Golar LNG increased 3.6%, while Flex LNG’s declined 4.8%. In June, Nakilat and Flex LNG share prices increased 3% and 2.5% …
Drewry: LNG Shipping Equity Index Up 16.3% During 2023 Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 17 points, or 1.6%, at 1,073 — its lowest since July 3. The capesize …
Majority of freight forwarders surveyed confirm business slowdown in Q2’23 but are hopeful for better demand betting hopes on the peak season. A recent survey conducted among freight forwarders by Container xChange, an online container logistics company, reveals a prevailing sentiment of caution and concern amongst the freight forwarders globally. The survey also shed light …
Dutch producer and distributor of hydrogen-based products OCI Global has completed what has been described as ‘the world’s first green methanol bunkering operation’ at the Port of Ulsan, Korea. Image credit Maersk The bunkering operation took place on Sunday, July 16, when OCI fueled A.P. Moller Maersk’s irst ever green methanol-powered container ship with OCI HyFuels …
Pioneering steps: OCI Global bunkers world’s first green methanol-powered containership Read More »
Energy company World Fuel Services Corporation has conducted a liquified natural gas (LNG) bunkering operation in China, supplying LNG for Hapag-Lloyd’s 23,660 TEU containership Berlin Express. World Fuel Services Corporation With the support of both the Ningbo-Zhoushan Port authority and local supplier CNOOC, dual-fuel Berlin Express took delivery of 6,000 cubic meters of bonded LNG …
Hapag-Lloyd’s LNG-fueled 23,660 TEU giant receives LNG in China Read More »
Poland’s natural gas transmission system operator GAZ-SYSTEM has formally launched a new open season procedure aimed to increase the regasification capacity of the Gdańsk floating storage regasification unit (FSRU) terminal 2. Courtesy of GAZ-SYSTEM According to GAZ-SYSTEM, the FSRU 2 terminal project assumes locating a second FSRU in the Gdańsk area, that would be capable …
GAZ-SYSTEM launches binding open season procedure for Gdańsk FSRU 2 Read More »
