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Gas demand in the European Union is expected to fall by 7 per cent by 2030 as renewable energy and electrification increase, a report by thinktank Ember showed on Tuesday.
From splash247.com
The United Kingdom has escalated its maritime pressure campaign on Russia, unveiling a new sanctions package at the G7 Summit in Canada that targets 20 additional tankers linked to Vladimir Putin’s shadow oil fleet with the European Union likely to follow suit.
What does it take to set up and manage a cruise ship for commercial success? To find out, TME founder and editor-in-chief Tony Munoz spoke with Norman Schmiedl, the CEO of COLUMBIA blue - the cruise, luxury and leisure division of Columbia Shipmanagement.
Baltic Index Down On Weaker Rates For Large Vessels.
The maritime industry is tentatively preparing for the unfolding reverberations from the escalating conflict between Iran and Israel.
The SHIPS for America Act and other measures to rebuild the US fleet leave open the question of where the money would come from.
Saipem has awarded the hull fabrication contract of the Kutei Floating Production Storage and Offloading (FPSO) vessel to China Merchants Heavy Industry, aiming to optimise operations for Eni’s Kutei North Hub development in Indonesia.
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) inks two agreements with French LNG specialist Gaztransport & Technigaz (GTT).
While Africa has been missing in the global offshore wind scene, Morocco has become the first country in the continent to unveil an offshore wind project.
Indian authorities have opened a criminal inquiry against the master and crew of the boxship Wan Hai 503, which suffered a cargo fire off the coast of Kerala last week and continues to smolder at a position off the coast.
One of the two vessels involved in a serious collision in the Gulf of Oman yesterday is linked to Russia's "dark fleet" of sanctions-evading tankers, according to Bloomberg.
From splash247.com
The 2004-built shadow aframax tanker Conico Atlas has been sold for scrap following mounting regulatory pressure and a high-profile entry denial at India’s Vadinar Port earlier this year.
From splash247.com
Offshore engineering and services player Subsea 7 has won a new engineering, procurement, construction and installation contract offshore Norway.
From splash247.com
Governors and attorneys general of a dozen US states are voicing their opposition to offshore oil and gas drilling in the Atlantic and Pacific Oceans.
From splash247.com
Engineering contractor LiftOff has revealed its design for a new major component exchange vessel (MCEV).
From splash247.com
Nasdaq-listed Greek tanker owner and operator Performance Shipping has entered into a long-term time charter contract with Mercuria Energy Trading for a newbuilding LR1 tanker. Mercuria chartered the tanker for a firm period of four years, through early 2031, at a daily gross charter rate of $23,750.
From splash247.com
Japanese shipping giant Mitsui OSK Lines (MOL), Malaysian state energy firm Petronas and the country’s top shipping line, MISC, have launched a joint venture to build and operate liquefied carbon dioxide (LCO2) carriers.
Asian tanker freight rates rose to year-to-date highs on June 17, as owners secured significant war risk premiums amid fears of commercial ships being targeted during the Israel-Iran tensions, market participants said.
The East of Suez VLCC market surged sharply at the start of the new trading week June 16, with sentiment swinging bullish as owners held back tonnage in anticipation of further upside.
Despite uncertainties in the North American market, the global commissioned capacity of offshore wind is on course to surpass the 100 GW mark by mid-2026 as countries in Europe and Asia ramp up projects.
Drug smugglers are constantly on the lookout for new ways to get narcotics past customs agents, and containerized freight is an area of constant innovation for organized crime.
Russia has confirmed progress in its ongoing project to design nuclear-powered, LNG-carrying submarines for gas exports along the Northern Sea Route (NSR).
Crude oil prices have spiked nearly 15% amid escalating tensions in the Middle East, with Brent crude reaching $75 per barrel.
From www.world-grain.com
Will transship up to 1 million tonnes of ag products
From www.world-grain.com
Improved weather conditions to boost rapeseed, sunflower seed output, FAS says
