Mexico’s new president: IMF dilemma and risk for Latin America By Hector Torres Mexico’s new president, Claudia Sheinbaum, is inheriting a fiscal imbalance equivalent to 5.9% of the country’s gross domestic…
Energy
Stena RoRo has ordered another two E-Flexer RoPax vessels from the Chinese shipyard CMI Jinling (Weihai). The vessels will be delivered in 2027 to the Greek shipping company Attica Group…
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Program to enhance agility, efficiency and effectiveness of world’s largest engineered heavy lifting and transport company Mammoet retains its position as the best-in-class engineered heavy lifting and transport company on…
Attention: Updated link – How does wind power support compliance with environmental regulations?
We recently uploaded news sent to us by an email from DNV regarding their latest podcast episode on “How does wind power support compliance with environmental regulations?” However, due to…
Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “The UK market is celebrating some better news on the economic side of things. GDP for the first three months of the year…
The ABB powered all-electric tug eWolf has been christened this week at the Port of San Diego, California, marking a new chapter in vessel electrification in the United States. Owned and operated…
EIB and Cepsa sign €285 million loan to finance the construction of a second-generation biofuels plant in Spain
· Plant in Andalusia region to make biofuels from organic waste like used cooking oil or agricultural waste, supporting the circular economy. · Biofuels to be used in sectors that are difficult…
Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “The FTSE 100 is off to a weak start, just about holding off from extending Wedesday’s losses. This follows a relatively choppy trading…
Fugro to deliver site characterisation surveys for RWE, Mitsui & Co, and Osaka Gas’s offshore wind farm in Japan
Fugro has been awarded a site characterisation contract for a wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan. The offshore wind…
Recognizing the need for climate action, the International Maritime Organization (IMO) adapted a new strategy in 2023 to incorporate a net-zero emissions goal for all vessels by or around 2050. “With…
Good Morning Monaco Thursday, June 27, 2024 Flurry of last-minute effort as Grey listing expected within days The announcement of a decision to list Monaco as a sub-optimal jurisdiction in…
Dear Reader, Thanks to new updates, DNV‘s Alternative Fuels Insight (AFI) platform now offers a wide range of insights and tools to support the maritime industry’s transition to a cleaner, greener…
Following our previous live “encounters” with ERT’s journalist and former Seafarer Antonis Karagiannakis – emanating also from a historic maritime Greek island, that is Kasos, today we bring you in…
Newbuilding features below-deck liquid-hydrogen tanks and vaporization system in other industry first MAN Cryo has supplied a liquid-hydrogen gas-fuel supply system to a 118.8 m superyacht constructed by Feadship, the…
A survey carried out by the International Seafarers’ Welfare and Assistance Network (ISWAN) and sponsored by The Shipowners’ Club indicates that the rapid changes brought about by decarbonisation technologies and…
Complexities related to the EU’s Emissions Trading System can seem overwhelming for many shipping operators, affecting daily operations and commercial transactions. Effective management of emissions data is now crucial, influencing…
HD KSOE’s ammonia fuel supply system receives its first approval in principle from a classification society Lloyd’s Register (LR) has granted Approval in Principle (AiP) to HD Korea Shipbuilding &…
Market Report – UK retail sales much better than expected, AI profit-taking seen on Wall Street
Market Report – UK retail sales much better than expected, AI profit-taking seen on Wall Street Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown: “Unsurprisingly, the Bank of England’s interest rate…
Potential of readily available LPG offers route to low-carbon propulsion for multiple vessel types
Fuel for Thought: LPG points to cost, availability, and lifecycle assessment benefits of LPG as a marine fuel. Using LPG as a marine fuel could deliver a significant carbon reduction,…
Athens, 20 June 2024 – Baseblue has promoted Clara Yip to Chief Financial Officer (CFO). Clara started her career with eight years as an auditor for Deloitte before spending almost three years as a…
Climate mitigation doesn’t have to come at the expense of growth By Marion Amiot and Paul Gruenwald Over the past few years, the climate policy paradigm has moved from a…
Frugal Technologies enhances fuel-saving AI with predictive maintenance using real-time data
The marine tech company Frugal Technologies is advancing its class-approved Frugal Propulsion, a cost-, fuel-, and emissions-saving system for large vessels. The solution now also shows temperature, pressure – and vibration…