Eco Wave Power has reported a wider net loss for the first quarter of 2020 with no revenues and increased costs. The wave energy technology firm booked a loss of SEK 4.4 million (USD 466,000/EUR 419,000), increasing from SEK 1.7 million a year earlier. Operating costs almost doubled to SEK 1 million and administrative expenses …
Heerema Marine Contractors’ (HMC) heavy lift vessel Aegir is set to start working on the Changhua offshore wind project in Taiwan in the coming weeks. Aegir is currently in Taiwan making final preparations to begin the installation of 21 jacket foundations at the site some 8km off the coast of Changhua county. According to HMC, this …
Supervisor de mantenimiento para plataforma Jack Up We are looking for Maintenance Supervisor for Jack Up platform. info@tos.nl
La Agencia Europea de Seguridad (EMSA) ha publicado un estudio técnico sobre el uso del almacenamiento de energía eléctrica en el transporte marítimo, elaborado por la sociedad de clasificación DNV GL y que presenta el panorama actual de esta tecnología y un análisis de riesgos, evaluando el potencial y las limitaciones del uso de baterías …
Global bunker fuel demand is likely to fall by 5%-10% year on year in 2020 as the coronavirus pandemic slows trade and impedes shipping and ship crew movements in many countries, a bunker industry expert said. “Major bunkering hubs worldwide likely saw their bunker fuel sales rise in the first few months of 2020 due …
Global bunker fuel demand set to drop 5%-10% on COVID-19 pain – expert Read More »
Natural gas tankers in recent years provided a seemingly surefire way for shipping investors and vessel operators to tap into changing energy markets and the raft of U.S. export projects aimed at meeting demand in Asia. But the coronavirus pandemic is hitting the market for natural gas hard, undercutting hopes for a rich new vein …
Natural Gas Is Losing Its Shine for Ship Operators Read More »
China’s coastal bulk freight market has seen a decrease in general demand in the week ending May 29, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight edged down 1.6 percent week on week to 1,055.6, the SSE said. The coal sub-index went down 3.6 percent to 1,060.84, and the …
China’s weekly coastal bulk freight index down 1.6 pct Read More »
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on May, 29: 380 HSFO – USD/MT – 253.14 (-0.94) VLSFO – USD/MT – 294.00 (-1.00) MGO – USD/MT – 368.11 (-3.07) Meantime, world oil indexes demonstrated upward changes on May, 29. …
Angus Frew, current Secretary General & CEO of BIMCO, will extend his tenure by one month until the end of September 2020. As a result of the Covid-19 pandemic Angus Frew, current Secretary General & CEO of BIMCO, will extend his tenure by one month until the end of September 2020 to facilitate the handover …
BIMCO Postpones Leadership Change By One Month Due To Covid-19 Read More »
In May 2020, the US Department of State, US Department of the Treasury’s Office of Foreign Assets Control (OFAC), and US Coast Guard issued a joint Sanctions Advisory for the Maritime Industry. The Advisory builds on and expands several prior sanctions advisories for the maritime community issued in 2018-19. The Advisory is intended as a …
US Maritime Sanctions Advisory: Navigating Choppy Waters Read More »
