High Gas Prices Burden Fuel Availability Amid Rising Operating Costs
European gas values at historic highs
Refiners, utilities turn to fuel oil
Tight supply drive record high bunker prices
High gas prices have been raising costs for the production of very low sulfur fuel...
World’s First Hydrogen Shipment in Loading, To Leave Soon
Global first for liquid hydrogen
To load about 70% of capacity
Goal of 225,000 mt/year by 2030
Japanese hydrogen tanker Suiso Frontier is currently loading a cargo of liquid hydrogen at the Australian port...
Maersk Supply Service Launches New Offshore Charging Station
Maersk Supply Service, a part of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom.
Stillstrom will support the decarbonisation of the maritime industry by eliminating idle emissions.
Together with Ørsted, Stillstrom will...
Maersk – The Vertical Consolidation Bluff
Hardly a day goes by when the risk of the ocean carriers invading the freight forwarding space, one way or another, seems to become more real, reports the Loadstar.
Background
And while the narrative is the...
CMA CGM Signs 10 Year LNG Bunkering Contract
French container line CMA CGM has signed a ten-year contract to make it a key user of China's first LNG bunkering operation, says an article published in Ship&Bunker.
Signing Ceremony
The company signed a deal with...
IMO Supports Women in Port Management
IMO is continuing its efforts to support the careers of women in the maritime sector through the delivery of a two-week online course from 17 – 28 January 2022.
The ‘Women in Port Management'...
Erma First Will Supply World’s Smallest BWTS To Damen
Damen has signed its first contract with ballast water treatment systems producer Erma First.
Greek company Erma First will be supplying its oneTANK, which is the world’s smallest ballast water treatment system.
oneTANK...
Allied’s Weekly Market Report – Week 03, 2022
The dry bulk sector, undoubtedly, began the new year with a strong start. We are at 12-year high levels in average returns for all dry segments
For full report click here
Did you subscribe to our...
Bitcoin Skids To 6 Month Low As Fears of Ukraine Conflict Shake Markets
Bitcoin tumbled over 7 per cent on Monday.
The largest cryptocurrency trading down 7.5 per cent at $33,538, its lowest since July 24.
Anxious markets are now even pricing in a small chance...
Avenir And SSES Inks A Joint Cooperation Agreement
it is adding another hub to its existing bunkering network.
Avenir sold its first new build Avenir Allegiance to SSES.
The vessel sale released significant cashback to Avenir.
Avenir LNG has entered into a...