Q3 is a traditional peak season in the world of shipping, but not this year. Global inflation, weakened consumer demand and excess cargo carrying capacity are pushing the market down. With a gloomy economic outlook and vague alarms from central banks, it seems recession could be...
Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second […] The post Capital Ship Management takes delivery of 2nd ammonia-ready VLCC appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
Germany's federal government has resolved an internal debate and will allow China COSCO to buy a stake in a Hamburg container terminal, despite national security concerns, according to German paper Suddeutsche Zeitung. German Chancellor Olaf Scholz's office has pushed to approve China Cosco's bid to buy...
The Women’s International Shipping and Trading Association (WISTA International) has released results of an in-depth […] The post WISTA survey points to ‘shocking’ revelations on discrimination, harassment, and bullying of women seafarers appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
Congestion has cleared up at the twin ports of Los Angeles and Long Beach, which together make up the busiest container-terminal complex in the United States. But the slowdown hasn't gone away: Instead, the same overabundance of cargo can now be found at Houston, which...
in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you're...
Number-one carrier MSC Shipping has agreed to buy a large towage operator based in Italy, Rimorchiatori Mediterranei. The Genoa-based towing firm is the largest in Italy and operates more than 100 tugs in 18 port hubs worldwide. It is a subsidiary of Rimorchiatori Riuniti, a vessel...
Danish shipping giant Maersk, German energy firm Siemens Energy and the Suez Canal Economic […] The post Maersk, Siemens Energy, SCZONE get together to discuss green hydrogen projects appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The U.S Navy intends to acquire land next door to the Washington Navy Yard to build a new museum as part of measures to immortalize its history and heritage. During the celebration of the Navy’s 247th birthday, Secretary of the Navy Carlos Del Toro announced that...
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has delivered the second 109,000-dwt Aframax dual-fuel tanker […] The post SWS delivers Aframax dual-fuel tanker Proteus Iwona appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
