Zero-emission Hydrofoil Boxship Unveiled
Boundary Layer Technologies has announced it is working on a zero-emissions, fuel cell-powered hydrofoiling containership, called ARGO, which it plans to launch in Q3 2024, says an article published in Bunkerspot.
AGRO ship
In a statement...
France Fears ‘The Worst Is Ahead Of Us’
France has expressed fears that the worst phase of Russia's war on Ukraine could be yet to start, with key Ukrainian cities at risk of encirclement by Russian forces, reports the Local.
Worst is ahead...
World’s First Large-Scale e-methanol Project To Fuel Maersk Fleets
Siemens Energy has secured an order from European Energy to deliver an electrolyzer plant for what is deemed as the world’s first large-scale commercial e-methanol project.
The start of commercial methanol production is...
Crude Futures Surge To A New Seven-Year High
OPEC+ to meet March 2, eyes no change to policy
UK bans Russian-owned oil tankers, refiners shifting from Urals
IEA release of 60 million barrels from SPRs
Crude futures surged March 2 to a...
Human-Caused Climate Change Impacts Already Irreversible
1.5 C rise would lead to ‘severe’ risks
3.6 billion people at risk of climate effects
'Uniquely challenging' geopolitics: Platts Analytics
Human-caused climate change has already led to irreversible impacts on the planet, with...
Eureka Shipping Secures $32M Loan For 3 ECO Cement Carriers
Germany’s bank KfW IPEX-Bank is providing a €29 million (about $32 million) loan for the financing of three 4,250 dwt ECO cement carrier newbuildings for Cyprus-based shipping company Eureka Shipping, says an article published...
It’s Time To Get Over ‘COVID Shame’
Maria Venetis got a breakthrough case of COVID-19 right around New Year’s Eve. When she called friends to cancel plans, she found herself overexplaining how and where she might have caught the virus—until one...
Celsius Books Methanol-ready Feeder Boxships
Denmark’s Celsius is pressing forward with its fleet renewal plan, having placed an order for two methanol-ready feeder containerships at Penglai Jinglu Ship Industry in China, reports Splash 247.
Vessel delivery and price
The 3,000 teu...
Troops Takeover 6 Nuclear Reactors in Ukraine
Russian troops take control of Zaporizhzhia nuclear plant in Ukraine, reports Power-Technology.
The Zaporizhzhia plant houses six nuclear energy reactors and is Europe's largest nuclear plant.
International Atomic Energy Agency (IAEA) director-general Rafael Mariano Grossi has...
Freight Rate for Hauling Far East Russia ESPO Crude Nearly Double
The freight rate for hauling Russian ESPO crude from the Far Eastern port of Kozmino to North China soared following Moscow's invasion of Ukraine on Feb. 24, reports Platts quoting tanker market sources.
According to...