COVID-19 Pandemic To Impact World’s Energy Transition
COVID-19 will have a dramatic impact on short-term energy supply and demand.
World GDP will shrink 6% in 2020 with lingering effects of the pandemic.
The pandemic will reduce energy demand through to...
Nord Stream 2 Receives Approval for Gas Pipeline Link
Denmark has approved a request from the developer of the Nord Stream 2 gas pipeline.
The pipeline is laid from Russia to Germany.
Nord Stream 2 has requested for permission to lay the...
DCSA Publishes OVS Standard for Information Sharing
DCSA is continuing its efforts to make information sharing easier.
It plans to provide ship-related information transparency with the publication of standards.
It is provided for the exchange of operational vessel schedules (OVS).
...
The President of the 2nd Most COVID19 Affected Country Tests Positive
After months of denying the seriousness of the pandemic and brushing aside protective measures, Mr. Bolsonaro felt symptoms of Covid-19.
President Jair Bolsonaro of Brazil, who has railed against social distancing measures and...
Matson Christens ‘Matsonia’ at NASSCO Shipyard
Matson, Inc. and General Dynamics NASSCO shipyard, christened the second of two Kanaloa Class vessels.
They are the largest combination container / roll-on, roll-off ("con-ro") ships ever built in the United States.
The...
Hyundai Ships World’s First Fuel Cell Trucks for Commercial Use
Hyundai Motor is shipping the first 10 units of XCIENT Fuel Cell, the world’s first fuel cell heavy-duty truck, to Switzerland.
Hyundai will roll out 50 trucks this year and total of 1,600...
Global ‘Gas Bubble’ Cripples Following Pandemic Delays
Global LNG projects jeopardized by climate concerns and pandemic delays.
The LNG industry has made big bets on a more positive outlook, as many analysts have predicted that demand would outstrip supply sometime...
Suez Canal Offers Rebate for Car Carriers Amid Traffic Falls
The SCA pays 8% toll rebate to car carriers from northwest Europe to East Asia as it seeks to draw shippers from the Cape of Good Hope.
Car carrier transits through the canal...
Maersk Acquires European Customs Service Authority KGH
In a major development, A.P. Moller - Maersk has announced that they have reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management...
CMA CGM Group Unifies and Simplifies Transpacific Network
According to a Freight Waves article written by Kim Link Wills, commercial cargo on trans-pacific will carry CMA CGM bill of lading; APL will focus on US government work as the group announces to...