Containership Orderbook Hits All Time High
The containership orderbook is about to hit an all-time high, elbowing out most other ship types, bar LNG, to take the lion’s share of building slots at leading yards across Asia, says an article...
China Prioritizing Commodities Supply As Disruptions Stemming From War
China’s top government officials have issued orders to prioritize energy and commodities supply security, sparked by concerns over disruptions stemming from the Ukraine-Russia war, says an article published in Financial Post.
Ensuring supplies is a...
ExxonMobil Join Rivals In Ditching Russia
Following the footsteps of the European energy giants like BP, Shell, and Equinor, U.S. major ExxonMobil is also looking to exit its position from its projects in Russia following Vladimir Putin’s attack on Ukraine...
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...