Yearly Archives: 2023
GAIL Does World’s First Ship-To-Ship LNG Transfer
India's top gas firm GAIL has done the world's first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions...
SpaceX chief Told Employees to ‘Focus on Your Job’ after They Raised Complaints
SpaceX COO Gwynne Shotwell told employees in a 2022 email to "focus on your job and the mission of SpaceX — to get humanity...
Container Shipping Profits Plunge & Job Cuts
The container shipping industry is grappling with a sharp decline in profits, triggering job cuts and financial uncertainty. Explore the challenges and shifts in...
US Alarms Oil Tanker Owners With Russian Price Cap Letters
The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price cap on Russian oil trades included...
[Podcast] Navigating 2030: Fueling the Future of Shipping
In the latest episode of DNV's Maritime Impact podcast, Eirik Nyhus sits down with Edward Glossop from Bunker Holding Group. Together, they delve into...
Wärtsilä’s Accelerated Commitment to Decarbonization in Indonesia
Wärtsilä, a global technology group, inaugurates new workshop and training facilities in Jakarta, Indonesia, reinforcing its commitment to support the country's energy evolution and...
Maritime Excellence: 2023 CAREER4SEA Awards Recap
The 2023 CAREER4SEA - EUROPORT Awards, hosted by SAFETY4SEA, highlighted exceptional achievements in the maritime sector. Recognizing endeavours Crew Welfare, Diversity & Inclusion, and...
Davie Completes Acquisition of Helsinki Shipyard
Quebec-based Group Davie has finalised the acquisition of the assets of Finland’s Helsinki Shipyard. Group Davie is part of the Inocea Group. It owns...
EMSA: Annual Overview of Marine Casualties & Incidents 2023
EMSA has published its Annual Overview of Marine Casualties and Incidents 2023, which presents statistics on marine casualties and incidents that cover the period...
LNG Shipping Stocks: Volatility
Last week, the UP-World LNG Shipping Index (UPI) lost 5.46 points or 3.70%, closing at 141.99 points. This index tracks the performance of LNG...