The EU's shipping price cap on Russian diesel and fuel oil takes effect on February 5, and the European Commission is thinking of setting the initial cap level at $100 per barrel, according to Bloomberg. Unlike the G-7 Russian oil price cap, which is a broad...
Danish tanker company TORM has entered into agreements to acquire a total of seven […] The post TORM buys seven LR1 tankers for $233 million appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The long-stalled judicial inquiry into the 2020 Port of Beirut explosion got a jump-start this week. On Monday, investigating judge Tarek Bitar reopened the probe and swiftly charged the nation's former prime minister, Hassan Diab. Diab and 14 other officials have been summoned for questioning in February,...
Container shipping giants MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under […] The post Maersk, MSC call it quits on 2M alliance appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
A severe foreign exchange crisis in Pakistan is hitting importers hard, particularly for oil and for containerized freight, and it has the potential to reshape substantial parts of the nation's trading ties. Pakistan's national reserves of dollars - the currency of choice for foreign trade -...
LNG Croatia, a state-owned operator of the Krk LNG terminal, has received the first […] The post LNG Croatia FSRU receives first LNG cargo from Mozambique appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
On Friday, St. Johns Ship Building held a keel laying ceremony for its second crew transfer vessel (CTV) for Rhode Island-based Atlantic Wind Transfers (AWT). The Chartwell-designed aluminum catamaran can transport 24 people to and from offshore wind turbines for repair and service operations, and...
Italian shipping major Grimaldi has lifted the option for the construction of an additional […] The post Grimaldi brings its ammonia-ready car carrier tally to 15 appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The prevailing consensus for the past few years has been that an ascendant China is threatening to overtake a slumping America. ‘If we don’t get moving, they [China] are going to eat our lunch,’ US President Joe Biden told a group of senators in 2021. Research suggests that...
Höegh LNG’s floating liquefied natural gas (LNG) terminal Hoegh Gannet has arrived at Brunsbüttel’s […] The post Germany welcomes floating LNG terminal Hoegh Gannet appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
