LS Cable & System has signed a subsea cable agreement with Denmark’s Ørsted for the Greater Changhua 2b and 4 offshore wind projects in Taiwan. The contract announcement follows Ørsted’s final investment decision for the projects, taken in March 2023. The wind farms are now under construction and are set to be some of the …
Ørsted awards Greater Changhua 2b & 4 subsea cable contract Read More »
The LHD tidal current energy demonstration project, being developed near Xiushan island in China’s Zhejiang Province, has exceeded 60 months of continuous operation. LHD’s tidal power plant near Xiushan island (Archive/Courtsy of LHD New Energy Corporation) ed by Chinese company LHD New Energy Corporation, the project has been under development since 2016, with the implementation …
Tidal energy plant in China exceeds 5 years of continuous operation Read More »
While we may not be saying goodbye to oil and gas anytime soon, the global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix. New deals with familiar ingredients are springing up left and right to add to the growing pile of renewables and …
In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds? Read More »
DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target. DP World The ESG report, published on 25 May, has been developed in accordance with the latest Global Reporting Initiative (GRI) Standards. Over the …
DP World: Direct carbon emissions down by 5 per cent in 2022 Read More »
Swedish shipping company Erik Thun Group is investing $3.34 million in the installation of battery packs on nine of its existing vessels in the dry cargo fleet. Image credit: Erik Thun The ship owner explained that by installing battery packs and making the shore power connection smoother for the vessels, the need to use the engines while …
South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received a contract for the construction of two product carriers. Illustration; Image credit: Hyundai Mipo Dockyard As informed, the vessels will be built for an unnamed Asian shipowner. Hyundai Mipo Dockyard Co., (HMD) one of HD Korea Shipbuilding & Offshore Engineering’s three …
KSOE enjoying ordering spree, inks $93.3mln deal for product carrier duo Read More »
La Asociación Europea de Logística de Vehículos (ECG) y PwC Austria amplían su colaboración para publicar actualizaciones periódicas del índice. El Índice de Costes de la Logística de Vehículos Terminados (FVL) para el cuarto trimestre de 2022 se sitúa en 158,3, lo que supone un aumento de los costes del 58,3% entre enero de 2019 …
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La Dirección General Marítima (Dimar), a través de la Capitanía de Puerto de San Andrés, coordinará y supervisará este 26 de mayo, el primer simulacro del año sobre derrame de combustibles en el mar, actividad que se llevará a cabo en la instalación portuaria de Chevron, que pondrá a prueba las capacidades de reacción ante …
Dimar coordina y supervisa simulacro de contaminación marítima en San Andrés Islas Read More »
The Baltic Exchange’s main sea freight index declined the most since mid-February on Thursday as shipping rates continued to slump across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dipped 80 points, or 6.2%, to 1,215 points, its lowest since early March. …
Baltic Dry Bulk Index Ends Worst Day In Over Three Months Read More »
