It has been 15 months since the pandemic initially shut down China and since then the container shipping industry has been constantly impacted by a barrage of disruptions. The initial wave of blank sailings prolonging the Chinese New Year capacity reductions. Then the rapid downturn in early spring as the pandemic spread globally. Then the …
During Week 18, MABUX World Bunker Index continued firm upward movement following general trends on global crude oil market. 380 HSFO index rose by 11.23 USD: from 422.29 USD/MT to 433.52 USD/MT, VLSFO Index increased by 10.70 USD: from 518.22 USD/MT to 529.32 USD/MT, while MGO Index gained 14.76 USD (from 594.37 USD/MT to 609.13 …
MABUX: Bunker Prices Continue Their Upward Trajectory Read More »
The International Maritime Organisation’s 2020 global sulphur limit for marine fuel oil has been in force for more than a year. BIMCO, The International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO are calling on Fleet Managers, Vessel Managers, Technical Superintendents, Masters and Chief Engineers to share their insight and experiences with marine fuels in a …
BIMCO, ICS, INTERCARGO and INTERTANKO launch new fuel oil survey Read More »
International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products yesterday reported results for the first quarter of 2021. Highlights Net loss for the three months ended March 31, 2021 was $13.4 million, or $0.48 per diluted share, compared to net income of $33.0 million, …
Today the High Court has issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due under its bills of lading even where no sums are due under a time charterparty. Background The case arose in the context of the total loss of …
Oficiales y Tripulantes para buques tanque y LPG Estamos evaluando candidatos, con experiencia en tankerosOficiales y sub alternosNacionalidad españolaBandera extranjera También oficiales y subalternos para buque LPGNacionalidad EspañolaBuen nivel de ingles Tel.: (507) 227-0434 /227-0430Email: md@pacificcrewing.com.pa
La Dirección General Marítima (Dimar), a través de la Capitanía de Puerto de Buenaventura, verifica, controla y acompaña la labor del gremio de embarcaciones de cabotaje que abastecen de alimentos y artículos de primera necesidad a las poblaciones del Pacífico colombiano. A través del trabajo efectuado por inspectores de Dimar, es posible verificar que tanto …
DIMAR acompaña labor de cabotaje a lo largo del Pacífico colombiano Read More »
Offshore drilling contractor Vantage Drilling believes that the shallow water activity is stabilizing and that the recovery in the deepwater market could begin later this year. Titanium Explorer drillship; Source: Vantage Drilling The rig owner has also sold one of its stacked drillships for recycling. In its quarterly report on Thursday, Vantage revealed it had …
Vantage says deepwater market could begin to recover later this year Read More »
The Supergen Offshore Renewable Energy (ORE) Hub has awarded almost £800,000 to eight projects at UK institutions to advance research in the offshore renewable energy sector. Illustration/University of Edinburgh’s FloWave test tank (Courtesy of the University of Edinburgh) The funding was awarded through Supergen ORE Hub’s Flexible Funding Scheme, established to enable UK researchers to …
RWE Renewables, itap, BioConsult SH, the University of Stuttgart, and Technische Universität Berlin are to research an innovative vibratory pile driving technique at RWE’s Kaskasi offshore wind farm. The new method for installing foundations is said to have the potential to significantly reduce underwater noise emissions and installation times. The research project is funded by …
Good vibrations: RWE and Co to test quiet pile driving method Read More »
