Day: April 10, 2025

Wan Hai Lines makes LNG fuel switch for eight containerships

Energy News Beat Sources told LNG Prime on Thursday that the change in order to LNG fuel includes eight methanol dual-fuel ready vessels with a capacity of 16,000 TEU. Four of these ships will be built by Samsung Heavy and four by HD Hyundai Samho. Last month, LNG Prime was the first to report, citing […]

California Bill That Lets Anyone Sue Oil Companies Over Natural Disasters Is Dead

Energy News Beat California’s SB 222, which would have allowed lawsuits against oil and gas companies over natural disasters, officially died in committee. ​California legislation that would have permitted the state FAIR plan, individuals, and insurers to sue oil and gas companies over natural disasters officially failed to advance last evening in the California Senate […]

Beneath the Skin of CPI Inflation: Surging Prices of Food, Housing, Medical Care Meet Plunging Prices of Gasoline & Travel Services

Energy News Beat Worst food inflation since 2022. Worst housing inflation in months. But plunging prices for lodging, rental cars, and airfares are interesting. By Wolf Richter for WOLF STREET. In the Consumer Price Index today, month-to-month inflation accelerated further for housing, food, medical care services, and motor vehicle maintenance and repair, showing the worst increases in many […]

Subsea7 extends fixture for Eidesvik JV vessel

Energy News Beat Uncategorized Eidesvik Offshore Eidesvik Offshore Subsea7 has extended the contract with Eidesvik Seven Chartering, the company’s joint venture with Norwegian owner Eidesvik, for the subsea vessel Seven Viking. The Oslo-listed offshore engineering and services player has exercised the remaining option for 2026 and added 2027 as another firm year. The deal for […]

30-Plus Signs That The Climate Scam Is Collapsing

Energy News Beat ENB Pub Note: I have enjoyed my conversations with Tom Nelson, and he is spot on. We recommend you follow him. The problem with the climate scam as Tom calls it, is that the left political leaders make painful energy policies and regulations based upon fictitious data and reasons. Physics and fiscal […]

NASA’s New Chief Likely To Wind Down Climate Alarm Shop

Energy News Beat Trump’s NASA pick Jared Isaacman may cut NASA GISS funding, shifting its focus back to space exploration and not overcooked climate models. ​Claiming no privileged information, this writer is enormously optimistic that incoming Trump pick to head NASA, Jared Isaacman [pictured above], will terminate funding of the NASA Goddard Institute for Space […]

BIMCO adopts reviews of war risk clauses

Energy News Beat The documentary committee of BIMCO has approved revisions to its war risk clauses for voyage and time charters to reflect changes in the geopolitical challenges facing the shipping industry. The subcommittee working on the revisions ahead of the documentary committee discussed war risk insurance aspects and addressed topics such as the responsibility […]

Chinese university develops system to give ships 360-degree vision

Energy News Beat Greater ChinaTech Scientists at Harbin Engineering University in northeast China have developed a system to provide ships with complete 360-degree visibility. The system features a dual-module design with eight to 12 cameras per unit, integrating both visible-light and far-infrared sensors to ensure reliable performance across varying visibility conditions, allowing for real-time panoramic […]

EU clamps down on shipping of plastic pellets

Energy News Beat The European Union will clamp down on the shipping of plastic pellets. The EU has set obligations for the transport of plastic pellets by sea in containers, including ensuring good quality packaging and providing transport and cargo-related information, following the non-binding guidelines of the International Maritime Organization. The deal, due to be […]

Keep watching the bond curve

Energy News Beat Andrew Craig-Bennett with financial advice for shipowners amid the Trump market gyrations. Donald Trump has just backed away from the abyss – denying, of course, that he is doing any such thing – and, while adding yet more tariffs to imports from China to the US, he has announced a 90-day moratorium […]