This year, tanker shipping will not benefit from the usual strong winter seasonal effect. Though the new lockdowns being introduced in many countries are less strict than in the spring, the effect on tanker shipping will be worse, given the oil supply glut of Q2. The news of an effective vaccine offers some hope of …
Tanker shipping: worst not yet over as industry pays for strong second quarter Read More »
The Baltic Exchange’s main sea freight index climbed for a seventh straight session on Wednesday, helped by stronger rates across all vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, gained 19 points, or 1.6%, at 1,197, its highest level since Nov. 10. The capesize index was up 22 …
Baltic index rises on firmer rates for all vessels Read More »
The World Ocean Council (WOC) is proud to announce that Simply Blue (incorporating Simply Blue Energy and Simply Blue Aquaculture), a pioneer in the development of sustainable projects in marine renewable energy and aquaculture, joins the WOC as part of its leadership in actively engaging in the protection of the world’s oceans. The Simply Blue …
Proper ventilation is essential to preventing damage to the cargo and to ensure the safety of the crew and vessel in bulk carriers. To provide ship’s masters and crew with an understanding of different ventilation requirements for bulk cargoes, INTERCARGO, The Standard Club and DNV GL, the world’s leading classification society, have launched a new …
DNV GL, Intercargo and the Standard Club launch new bulk carrier ventilation guide Read More »
Spanish utility Endesa is aiming to invest up to €34.5 million ($41million) in an LNG bunkering facility in the port of Los Barrios, in Algeciras Bay. Courtesy of Endesa The project is part of the company’s energy transition and decarbonization strategy. Endesa said in its statement it has allocated an initial investment of €15.6 million …
Endesa lines up €34.5 mln LNG bunkering investment Read More »
Orbital Marine Power has revealed its intention to launch a crowdfunding campaign through the Crowdcube investment platform in the weeks ahead. The decommissioning of Orbital’s SR2000 tidal turbine (Courtesy of Orbital Marine Power) Orbital, a UK-based developer of leading floating tidal turbine technology, is crowdfunding to support future looking commercial activities and ongoing development of …
Orbital Marine Power announces crowdfunding campaign Read More »
“Estamos cumpliendo los plazos, y esperamos ver pronto los resultados”, afirma Jesús Caicedo El Ayuntamiento y la Autoridad Portuaria recibió el documento definitivo del Master Plan para el desarrollo del Puerto Ciudad, cuya contratación se realizó a través de la Fundación Bahía Almeriport. Un trabajo, aprobado hace unas semanas en el patronato de la Fundación …
WindEurope and SolarPower Europe, supported by Breakthrough Energy, have launched a new coalition that is said to give voice to businesses and thought leaders who will be decisive in positioning Europe as the world leader in renewable hydrogen, produced via electrolysis and 100 per cent powered by renewable electricity. The Renewable Hydrogen Coalition (RHC) was …
RHC: Europe could commercialise green hydrogen faster than current strategies suggest Read More »
A Danish North Sea reservoir and infrastructure have been determined suitable for geological CO2 storage, as part of the Project Greensand with Wintershall Dea, Ineos, and Maersk Drilling as its members. Danish drilling contractor Maersk Drilling joined the CO2 storage project in June 2020. The drilling contractor expects that its offshore rigs will be used …
North Sea reservoir confirmed suitable for CO2 storage Read More »
A study commissioned by the Canadian Government is recommending individual governments, including Canada, to take unilateral action to restrict or prohibit scrubber discharges from both open-loop and closed-loop systems. The report, released by the International Council on Clean Transportation, claims that ships, particularly cruise ships, fitted with scrubbers, were basically ‘cheating the global fuel standard’. …
Study calls for ban and phasing out of scrubbers to protect the oceans Read More »
