Year: 2023
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News
Tankers: Cargo Demand Is in a Permanent State of Flux
The tanker market has been in a constant state of flux, with cargoes destined to derive from various locations, not…
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News
Continued downward pressure with a significant decline in VLCC demand growth rates
The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet…
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News
Updated suite of IG-recommended Letter of Indemnity wordings
The International Group (“IG”) Standard Form Letters of Indemnity (given in return for delivery of cargo without production of an…
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Decarbonization
EU Commission President Names Landmark Methanol Vessel “Laura Mærsk”
The world’s first methanol-enabled container vessel will carry the name “Laura Mærsk”, the EU Commission President Ursula von der Leyen…
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Decarbonization
OCI Global to double its green methanol capacity in the United States
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has today announced plans to double its green methanol…
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Decarbonization
GAC Oman welcomes world’s first liquefied hydrogen carrier
In a historic moment for Oman’s clean energy aspirations, the world’s first liquefied hydrogen carrier, the Suiso Frontier, has made…
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Decarbonization
Leclanché Selected to Supply Battery Systems for a Second Pair of CMAL Hybrid Ferries Serving Scotland’s Outer Hebrides Islands
Leclanché SA (SIX: LECN) has been selected for a second battery system project on behalf of Scotland’s Caledonian Maritime Assets…
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Decarbonization
Amazon, IKEA, Patagonia and 20+ major brands launch initiative to accelerate the transition to zero-emission fuels
The Zero Emission Maritime Buyers Alliance (ZEMBA) announced a Request for Proposals (RfP) for 600,000 20-foot containers (TEUs) over a…
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Decarbonization
Danish Shipping is ready, willing, and able to contribute to the EU’s 2050 climate goals
Commission President Ursula von der Leyen made her final State of the Union address count by trumpeting everything the Commission…
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Decarbonization
Wärtsilä solutions chosen for world’s first methanol fuelled hybrid RoRo vessels
Technology group Wärtsilä will supply an integrated hybrid propulsion system for two new hybrid RoRo vessels. The ships are being…
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