Container shipping is now “maxed out” claims leading shipping analyst

With record deliveries of container ships expected this year and next, most analysts have predicted further heavy downside pressure on container shipping freight rates to be offset by carrier efforts to reduce capacity by slow steaming and layups or, alternatively, by a self-destructive scramble for market share. However, Jan Tiedemann, Head Analyst at Alphaliner, believes …

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Chinese Coal Stocks Reach Record High As Seaborne Imports Surge 73%

Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far. The Chinese government target for domestic coal production is 4.6 billion tonnes in 2025, which is 2.5% higher than in 2022. As …

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Trafigura seeks more regulatory support for green marine fuels

Trafigura has been willing to make early-stage investments in green fuels to promote maritime decarbonization, but regulators need to strengthen emissions rules so a low-carbon transition can be financially viable, Global Head of Fuel Decarbonisation Rasmus Bach Nielsen said. Aside from being a major trader, Trafigura has set a target of investing in 3 GW …

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Norway goes on oil & gas spree and gives its blessing to projects worth over $18.5 billion

In pursuit of more hydrocarbons to bolster energy security and the country’s economy, the Norwegian Ministry of Petroleum and Energy (MPE) has greenlighted 19 oil and gas projects on the Norwegian continental shelf (NCS) with investments totalling more than NOK 200 billion (over $18.5 billion). FPSO Skarv; Source: Aker BP According to the Norwegian authorities, …

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New pilot project looking to decarbonise floating wind by using green ammonia-fuelled vessels

Share this article Blåvinge, a consortium Fred. Olsen Seawind, Hafslund and Ørsted, has launched a pilot project that aims to explore whether installation vessels for floating offshore wind, and in particular anchor handling vessels, can use green ammonia as an energy carrier for maritime operations. Illustration of VARD 2 18 with ZeroClass design, specialised anchor …

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Seven vessels servicing oil pipeline running from Persian Gulf to Mediterranean get an upgrade

Canada-headquartered Thordon Bearings has retrofitted seven special purpose, single point mooring (SPM) service boats, which are servicing the SUMED pipeline, operated by Egypt’s Arab Petroleum Pipeline Company (SUMED). SUMED 4 is one of seven SUMED service boats fitted with Thordon SXL tailshaft bearings; Source: Thordon Bearings According to Thordon, the tailshaft conversion to its SXL …

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Mitsubishi sets up new company for hydrogen business in Europe

Mitsubishi Corporation (MC), a global integrated business enterprise, has established a new company, Eneco Diamond Hydrogen, to develop green hydrogen and associated renewable energy in Europe. The new company is a joint venture between MC and its subsidiary Eneco, an integrated energy company headquartered in Rotterdam, the Netherlands. According to MC, Eneco Diamond Hydrogen is …

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Productos pesqueros vuelven a ser excluidos por el Gobierno como alimento básico

La Confederación Española de Pesca (Cepesca) lamenta de nuevo que los productos pesqueros vuelvan a excluirse de la lista de alimentos básicos sobre los que el Consejo de Ministros de hoy ha decidido prorrogar la rebaja del IVA hasta el próximo 31 de diciembre para enfrentar la subida de los precios de la cesta de …

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Técnico/a de Gestión Documental para la Autoridad Portuaria de Tarragona

Técnico/a de Gestión Documental para la Autoridad Portuaria de Tarragona TÉCNICO Descripción: TÉCNICO/A DE GESTIÓN DOCUMENTAL Órgano convocante: Ministerio de Transportes, Movilidad y Agenda Urbana Unidad: Autoridad Portuaria de Tarragona Selección de: PERSONAL LABORAL Vía: CONTRATACIÓN FIJA Titulación: Formación Profesional de Grado Superior o de una titulación universitaria (Grado, Diplomatura, Ingeniería Técnica) o equivalentes Requisitos: …

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