A tale of two trades: Xeneta data reveals differing fortunes for Northern Europe and Mediterranean rates from the Far East

With the peak ocean freight cargo season approaching, the latest data from Oslo-based Xeneta shows mixed fortunes, and outlooks, for the two main Far East to Europe trade corridors. Xeneta’s analysis reveals that shippers opting for the Far East – Mediterranean route are currently paying a spot rate premium of USD 1 150 per FEU …

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La APA incluye la ejecución de una entrada alternativa al Puerto de Almería en su plan de empresa

Presidenta de la APA y alcaldesa de Almería mantienen una reunión técnica para coordinar la actuación en materia de accesos La Autoridad Portuaria avanza en soluciones en suelo portuario mientras la necesaria conexión con la A7 no llega La Autoridad Portuaria de Almería (APA) propone avanzar en un acceso alternativo al Puerto de Almería, que …

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El puerto tinerfeño acoge al portacontenedores Gran Amberes en primera escala

El puerto de Tenerife recibió ayer en las instalaciones de Boluda Maritime Terminals la primera escala del innovador buque de mercancía rodada “Gran Amberes”, primera nave de la clase G5 perteneciente al Grupo Grimaldi de logística multinacional especializado en transporte de contenedores, vehículos y pasajeros. Caracteriza a estos buques la incorporación de tecnología innovadora que …

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Revamping overlooked emissions contributor to imbue energy transition with greener vigour

With the climate and energy woes intertwined, energy security and sustainability have become household names throughout the world. This sparked the evolution of existing solutions and the search for more innovative ones to curb emissions in the energy sector. However, there are still some components, which are being largely overlooked during the decarbonisation quest. As …

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Saipem’s €860 million credit facilities come into force

Italy’s oilfield services provider Saipem has strengthened its financial structure and liquidity, after its two new credit facilities, totalling €860 million (nearly $945 million), came into effect. Saipem Saipem entered into two new credit facilities in February 2023 with a pool of leading national and international banks. The effectiveness of these credit facilities was subject …

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Prosafe unit gearing up for work in Gulf of Mexico

Offshore accommodation provider Prosafe has revealed a new timeline for the start of operations in the U.S. Gulf of Mexico for one of its semi-submersible vessels, which is currently getting ready for this assignment. Safe Concordia; Source: Prosafe Following a letter of award from September 2022 to provide accommodation and construction support using the Safe Concordia in the Gulf …

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K+S, Swire Bulk team up on decarbonization

German chemical company K+S Aktiengesellschaft (K+S) and Swire Bulk have entered into a formal partnership to develop decarbonization solutions as they forge forward with efforts to decarbonize their operations and cut greenhouse gas emissions in the maritime supply chain. Illustration; Photo by: Swire Bulk The partnership builds upon the duo’s longstanding relationship for over 29 …

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