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A historic three-master auxiliary schooner built to take advantage of the short-sea trading opportunities that emerged during World War I and bes
Photo credit: United Nations Development Programme Additional funds were announced at an online pledging event for the United Nations plan, co-hosted by the United Kingdom and the Netherlands, to prevent a catastrophic oil spill from the FSO Safer, a decaying supertanker off Yemen’s Red Sea coast that will break up or explode if the world [...]
A 45-year-old man has been arrested following a devastating Underfall Yard fire that severely damaged the historic shipyard in Bristol.
Aberdeen-based North Star has signed a deal for the design and build of two commissioning service operation vessels (CSOVs) with Norway’s Vard shipbuilding group.
From splash247.com
One of the tanker industry’s greatest fears with the rise of the so-called shadow fleet is unfolding in Southeast Asia where an uninsured 1997-built ship exploded last week, killing three crew, and with oil washing up on nearby shores. The unladen Gabon-flagged , owned by a single ship shell company in the Marshall Islands, exploded …
From splash247.com
French liner CMA CGM has agreed to buy the logistics operations of family-run conglomerate Bolloré Logistics for an enterprise value of EUR5bn ($5.5bn). Bolloré said the deal still needs to get the agreement of employee organisations. CMA CGM said the deal would make it a top five player in global logistics. Bolloré Logistics operates in nearly 150 …
From splash247.com
UK-based diversified owner Lomar Shipping has expanded its bulk carrier fleet to nine ships with the purchase of three Chinese-built supramaxes. The maritime subsidiary of New York-based Libra Group has officially taken over the recently acquired 57,000 dwt Ariadne, renamed Oslo Trader, after paying around $13m for the 2010-built ship. Lomar said it also expects …
From splash247.com
Beks Ship Management’s appetite for vintage tanker tonnage appears to have no end. Fresh data identifies Beks as the buyer of several older tanker units. The Bekmezci family has now added its second LR in a row, the 72,000 dwt, Samsung-built Sauger, for just under $18.5m from Prima Marine, its second deal with a Greek …
A €5bn acquisition of Bollore Logistics by CMA CGM had moved a step closer as the French container line makes a put option.
Daewoo Shipbuilding and Marine Engineering (DSME) is set to be rebranded as Hanwha Ocean as its takeover by Hanwha Group is completed.
China: The world's top coal consumer brought in 40.68 million tonnes of the fossil fuel last month, down from 41.17 million tonnes in March, according to data from the General Administration of Customs.
Gasoil, or diesel, accounts for about two-fifths of refined fuel consumption in India and is directly linked to industrial activity. India's factory activity expanded at its quickest pace in more than four months in April.
Russia is threatening to pull the plug on the Black Sea Grain Initiative on May 18, blocking Ukrainian seaborne exports of corn and wheat. The European Union has banned Ukrainian agriculture exports to neighboring Romania, Bulgaria, Poland, Hungary and Slovakia until June 5, with an extension...
Free Trade Agreement: MDTI is a bilateral mechanism which provides institutional mechanisms to discuss a broad spectrum of trade and investment related issues and cooperation areas.
Green Hydrogen: Bharat Petroleum is targeting 25 MW capacity while Numaligarh Refinery and Mangalore Refinery & Petrochemicals are aiming for 20 MW and 3 MW respectively.
MUMBAI : The Union ministry of environment, forests and climate change (MoEFCC) has imposed stricter environmental and social checks on the proposed Vadhvan
NEW DELHI : Exports of agricultural and processed food products rose by 9% to $26.3 billion in 2022-23 as compared to FY22, driven by a spike in shipment of rice, fruit.....
Europe’s energy transformation is a welcome sign for many logistics companies, Fracht FWO Polska being one of them. According to the company, the energy sector is one of the key economic sectors currently undergoing a complex transformation process in Europe. For Fracht FWO Polska, companies in the energy sector are an important part of its […]
From www.world-grain.com
Sales in the quarter fall 14%.
From www.world-grain.com
Moldova has said it will join EU in restricting some Ukrainian grains.
From www.world-grain.com
Farm bill hearing identifies risk management needs.
From www.youtube.com
Shipyard Act
What's Going on With Shipping?
May 7, 2023
Sal Mercogliano - maritime historian at Campbell University (@campbelledu) and former merchant mariner - discusses Senator Roger Wicker's proposed addition of The Shipyard Act to the National Defense Authorization Bill.
#navy #shipyard #shipbuilding #china #taiwan #pacific #Russia
From www.linkedin.com
Ardmore Shipping’s first quarter 2023 earnings call will take place before the market opens next Tuesday, 9th May. A conference will then be hosted later in…
The Energy Transition Podcast, Episode 61: Petro-Masculinity - Debasing the Language Through the Energy Transition
