BunkerEx has launched a live trading screen for physical delivered bunkers that allows shipowners to track millisecond price moves and lock in delivered fuel prices up to 6 months out. Demand has soared for the service as owners and operators aim to capitalise on record lows and volatility in the oil markets. BunkerEx already counts …
New lightning fast bunker screen creates opportunities for shipowners Read More »
Global Maritime Forum, World Economic Forum, Friends of Ocean Action, International Association of Ports and Harbors, Environmental Defense Fund, and University College London Energy Institute are proud to announce that they have partnered with global network P4G. The new P4G Getting to Zero Coalition Partnership builds on the Getting to Zero Coalition, which unites more …
Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea. Premium content You are currently not logged into your …
Earlier this month, Heerema Marine Contractors’ giant semi-submersible crane vessel (SSCV) Sleipnir completed its first decommissioning campaign of the season. Images by Heerema Marine Contractors It was a unique project, as Heerema’s Champion installed the same modules for ConocoPhillips at the Greater Ekofisk Field in the 1970s, Heerema said in a statement on Tuesday. Now, …
GALLERY: Giant Sleipnir vessel wraps up decommissioning campaign for ConocoPhillips Read More »
The Irish government has designated seven offshore wind projects as relevant, meaning they will be fast-tracked through the new marine planning regime. The selected projects include the Oriel, innogy’s Bray and Kish Banks, Codling I and II, Skerd Rocks and North Irish Sea Array (NISA) wind farms. The announcement means the projects are allowed to …
Floatel International, a provider of offshore accommodation rigs, has entered into an agreement with bondholders for an extension of a forbearance agreement until 15 June 2020. Floatel said on Tuesday that it would not make relevant payments at present and that the forbearance agreement extension would provide all parties with sufficient time to negotiate terms …
Floatel accounts blocked. Debt payment put off until mid-June Read More »
DOF and DOF Subsea have entered into standstill agreements with secured lenders, representing 93 per cent of the secured debt. Pursuant to said agreements, the companies will suspend payments of principal and interest until 30 June 2020. The deals excluded payments on the NOK 100 million credit facility provided to DOF Subsea That loan landed …
The impact of COVID-19 has been unprecedented, unfurling across the world like some giant black cloud and delivering the sharpest economic downturn of recent times. If any positive for the maritime industry has emerged so far it has been to point up the essential role of seafarers and other marine personnel in keeping trade moving. …
Greece-based shipping company TMS Cardiff Gas has taken delivery of another LNG tanker built by South Korea’s shipbuilder Hyundai Heavy Industries. Bonito LNG (Image courtesy of TMS Cardiff Gas) The newest addition to the shipping company’s fleet is the third in the same series and a sister vessel to recently delivered LNG carriers La Seine …
TMS Cardiff Gas takes delivery of another LNG carrier Read More »
La organización de las asociaciones de navieros de la UE (ECSA) y la Federación Europea de Trabajadores del Transporte (ETF) han enviado una carta conjunta a la comisaria europea de Transporte, Adina Valean, pidiendo su ayuda para coordinar la aplicación por los gobiernos de los Estados miembros de la UE de los protocolos recomendados por …
