Global Centre for Maritime Decarbonisation Enlists 4 New Partners
Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has added four new partners including its first energy companies, reports Seatrade Maritime News.
The new partners – bp, Chevron, the International Chamber of Shipping (ICS) and Boston...
Shell Takes Hit of Up To $5bn on Russia Exit
Near-1 mil boe/d output fall from pre-pandemic 2019 level
LNG business to be impacted by Sakhalin 2 exit
Trading, refining margins set to benefit in volatile quarter
Shell on April 7 flagged a $4...
Synthetic Natural Gas Bunkering Nets 27% Cut in GHG Emissions
MAN Energy Solutions reports that the 1,036-TEU container ship, ElbBLUE – formerly Wes Amelie – has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of synthetic natural gas (SNG)...
China To Control Exports of High Carbon Petrochem Products
China will steadily control exports of some high carbon petrochemical products, reports Energy Connects quoting the Ministry of Industry and Information Technology (MIIT).
China to control exports of high carbon petrochemical products
A statement said, "We...
Euronav and Frontline Plan To Merge
A recent news article published in the Platts states that tanker majors Euronav, Frontline to merge; will control at least 146 ships.
Tanker majors merge
Global tanker majors Euronav and Frontline plan to merge, which would...
Why No Uniform CO2 Calculations Yet?
Shippers keen to cut their CO2 footprint ought to ship with COSCO, China’s largest maritime conglomerate. The reason is nothing to do with COSCO’s vessels, rather its questionable online CO2 calculator, says an article...
MMA Offloads 2 More Vessels
Australian OSV operator MMA Offshore has completed the sale of a further two vessels; a platform supply vessel, Mermaid Vigilance, renamed Iris, and an anchor handling tug supply vessel, MMA Chieftain, for a total...
Crew Reskilling And Diversity Pays Off in A Crisis
Speaking at the Capital Link Singapore Maritime Forum as part of Singapore Maritime Week, panellists discussed crewing strategies in the midst of geopolitical tensions and COVID, with diversity and retention central to the discussion,...
Crypto Could Disrupt The Financial System, Warns Yellen
Secretary of the Treasury Janet Yellen is scheduled to deliver her first major address on the potential risks and benefits of the growing crypto economy Thursday at 10 a.m. Eastern time, and she is...
Singapore HSFO Bunkers Quality Issue Perks Up Price Amid Strong Demand
Singapore, the world's largest bunkering port, has in the first quarter of this year witnessed several cases related to contaminated bunkers, mostly HSFO, keeping prices of the grade propped up amid elevated crude oil...