The dry bulk freight market is currently experiencing a significant upswing, primarily fueled by a notable decrease in the number of ballasters on the C3 route. This has led to anticipation of a market undersupply in the coming weeks, fostering a bullish sentiment among market participants. Iron Ore Dynamics and China’s Strategic Positioning China is …
Dry Weekly Market Monitor: Capesize Market Analysis – C3 route Read More »
IMO to develop global strategy for maritime digitalization: IMO to develop global strategy for maritime digitalization banner medium The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that harnesses emerging technologies to turbo-charge efficiency, safety and sustainability in the shipping industry. A roadmap for digital transformation During its 49th session in …
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Strength in the Asia high sulphur fuel oil (HSFO) market eased further on Wednesday as the market eyed heavy supply. More cargoes from the Middle East are expected to land in Asia this month as an earlier rally in HSFO prices drove more barrels to the region, trade sources said. Singapore’s 380-cst HSFO cash premium …
HSFO softens further as market eyes heavy inflows Read More »
Verdagy has selected Black & Veatch as the front-end engineering and design (FEED) contractor for its 60-megawatt (MW) clean hydrogen project near the Gulf Coast in Texas. The post Black & Veatch lands FEED contract for Verdagy’s 60 MW hydrogen project in Texas appeared first on Offshore Energy.
Gulf Marine Services (GMS), a UAE-headquartered provider of self-propelled and self-elevating support vessels for the offshore energy sector, has picked up a new contract for a vessel from its fleet in the Middle East. The post One new gig and two extensions keeping GMS vessels busy in Middle East appeared first on Offshore Energy.
Swedish marine technology Alfa Laval has secured its first contract for the ammonia fuel supply system that would be installed onboard seven ammonia dual-fuel LPG/ammonia carriers owned by Chinese shipowner Tianjin Southwest Maritime (TSM). The post Alfa Laval secures 1st ammonia FSS contract in China appeared first on Offshore Energy.
Finnish shipping company ESL Shipping and Sweden’s steelmaker SSAB have extended their long-term agreement […] The post ESL Shipping and SSAB set sights on fossil-free shipping in renewed agreement appeared first on Offshore Energy.
Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem. The post Saipem rig cleared to spin the drill bit in Norwegian waters appeared first on Offshore Energy.
Esperan a ver la demanda real de combustible con bajo contenido en azufre antes de aumentar su capacidad de suministro Las empresas de suministro de combustibles marinos se mantienen expectantes ante la próxima entrada en vigor de la nueva zona de control de emisiones de azufre del Mediterráneo (Med SECA) el 1 de mayo de …
Los suministradores de combustible, expectantes ante la SECA del Mediterráneo Read More »
The World Hydrogen Summit & Exhibition, the largest global event on hydrogen projects, policy and technology, will take place in Europe’s hydrogen hub, Rotterdam from 20-22 May 2025. Organised by Sustainable Energy Council and RX Global in partnership with the Dutch Government, the Province of Zuid-Holland, the City of Rotterdam and the Port of Rotterdam, …
