Mitsui O.S.K. Lines (MOL) has entered into a strategic investment agreement with Delfin Midstream Inc, an LNG export infrastructure development company utilizing low-cost FLNG technology solutions. Image credit Delfin Delfin is the parent company of Delfin LNG and Avocet LNG LLC. Delfin LNG is a brownfield Deepwater Port with up to four FLNG vessels producing …
Swedish sustainable solutions provider Alfa Laval has expanded its portfolio of alternative fuel solutions with the introduction of methanol-fired Aalborg boiler systems, which can use a wide range of fuel types including methanol. Alfa Laval The Aalborg boiler solutions are specifically designed with decarbonization and fuel transition in mind. Besides operating on today’s fuels, including …
Alfa Laval to deliver 1st methanol-fired steam boiler solution for ships Read More »
Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. Image credit: MOL The decision marks a significant step forward for gender diversity in the Japanese maritime sector, as it is the first time a female seafarer has assumed the role …
After the UK government raised a windfall tax on oil and gas producers’ profits, the hike stoked fears of a collapse in investments in the sector, as many players started contemplating downgrading their UK portfolio or even exiting the North Sea to pursue oil and gas developments in a lower-tax environment. In light of this, …
Oilfield services giant Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services related to exploration and production drilling across the Norwegian oil and gas player’s portfolio on the Norwegian Continental Shelf (NCS). Jotun FPSO; Source: Vår Energi While announcing this deal, Vår Energi said that the partnership with Halliburton …
Halliburton lands five-year deal for offshore drilling services Read More »
Una veintena de empresas se ha adherido a la jornada de voluntariado, impulsada por el grupo de trabajo de Medio Ambiente del Consejo Rector de la Comunidad Portuaria de Barcelona. El Puerto de Barcelona ha organizado una jornada de sensibilización en la playa de la Barceloneta con motivo de la celebración, el pasado 5 de …
The Baltic Exchange’s main sea freight index rose for a fourth straight session on Thursday, helped by higher rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 20 points, or 2%, to 1,040 points – its highest so far …
Capesize, panamax gains drive Baltic index higher Read More »
During the first five months of 2023, demand for Capesize ships increased 5% y/y while supply increased 3% y/y. Nonetheless, spot rate increases remain hesitant, largely due to concerns over China’s fragile economic recovery. Demand growth was supported by a 4% increase in average haul while cargo volumes increased only marginally. Average haul increased due …
Capesize spot rates hesitant despite 5% rise in demand Read More »
In May 2023, U.S. container import volumes increased over April 2023 due to a rise in imports from China and Vietnam; May volumes also kept pace with pre-pandemic 2019 volumes. Port transit times increased, returning to early 2023 levels. The West Coast labor situation appears to be turning sour as recent job actions begin to …
May U.S. Import Container Volumes Increase and Continue Tracking 2019 Performance Read More »
The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor slowdowns at West Coast port terminals have impacted supply chain operations, from trucks to rails and ocean carriers. On Wednesday, six vessels were delayed at the Port of Los Angeles, while two vessels at the …
