Wartsila Supplies Battery System To Meet Renewable Energy Targets

The technology group Wärtsilä will supply a 5.2 MW / 5.2 MWh energy storage system to provide the frequency regulation for the Taiwanese grid. The order was placed in August 2021 by Shangfa...

GOGL Winds Up CCL Pool Joint Venture

Golden Ocean Group Limited has terminated its relationship with Capesize Chartering. It is a joint venture to coordinate the Capesize spot chartering services of Golden Ocean, Starbulk, CTM and Bocimar. Golden Ocean Group Limited...

Japan’s Eneos Ocean Extends LPG Charter Deal With Yara

Eneos Ocean extends LPG charter contract with Yara the company has signed several contracts to work on the development and promotion of the use of clean fuels in the maritime sector Eneos Ocean Asia has extended its charter...

Exxon Kicked Out of Carbon Tax Alliance After Lobbying Scandal

Exxon booted from carbon tax alliance after lobbying scandal Exxon was one of the council’s founding members when it was formed in 2017 Exxon has been ousted from a carbon tax alliance after a...

80% of Covid-19 Hospital Patients Under 60 ‘Not Vaccinated’

80% of younger patients not vaccinated, says chief scientist younger people who chose not to get vaccinated have a risk of developing a serious illness About 80% of Covid-19 patients aged under 60 in...

Oil Prices Fall To a 3-Week Low on China’s Virus Curbs, Strong Dollar

WTI crude hits the lowest price since May in intraday trade Wall Street banks cut China growth forecasts China's July crude imports down 20% on a year-on-year basis Crude prices are declining as a...

Responders of Vessel Wreckage Cap Source of Oil Discharge

The oil leak from the Golden Ray cargo ship in St. Simons Sound was contained over the weekend. The source of oil discharge was capped. Since being secured, pollution officials said the area...

RINA To Lead the EMSA LNG Bunkering Project

Italy-based classification society RINA has been awarded a framework contract by the European Maritime Safety Agency (EMSA) to support initiatives to increase the availability of LNG bunkering, says an article published in Ship Insight. About...

Japans First LPG Operated VLGC Soon On Service

Japanese LPG trader and importer Astomos Energy Corporation has announced that it will bring the liquified petroleum gas (LPG)-powered very large gas carrier (VLGC) into operation later this month, says an article published in...

Weekly Bulk Report – Week 31, 2021

The Baltic Exchange has released a report about the dry bulk market for the 31st week of shipping activities of this year. The report dated 06th August highlights the dry bulk market conditions at...