Author: Erick Parel

18 US states suing Trump over shutdown of wind projects

Energy News Beat AmericasOffshoreRenewables The White House / Facebook The White House / Facebook A total of 18 attorneys general filed a lawsuit in federal court challenging US president Donald Trump’s order to shut down offshore wind projects, stating that such a move was “unlawful and can jeopardise the continued development of a power source […]

Cargill’s Eman Abdalla takes helm at Sea Cargo Charter

Energy News Beat EnvironmentOperations Eman Abdalla, global operations and supply chain director at Cargill Ocean Transportation, has been elected chair of the Sea Cargo Charter, a framework developed to measure shipping emissions against decarbonisation benchmarks. “Stepping into the role of chair at this pivotal new chapter is both an honour and a responsibility,” said Abdalla, […]

Celsius exits MR2 sector

Energy News Beat EuropeTankers Pyxis Tankers Pyxis Tankers Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers.  Broking sources tell Splash that Celsius has flipped both 2021-built MR2s for around $35.5m each, having acquired them as resales in 2021 for […]

Meadway Bulkers reveals ultramax order in Japan

Energy News Beat Dry CargoEurope Meadway Bulkers Meadway Bulkers Greek owner and operator Meadway Bulkers has bolstered its shipbuilding programme in Japan by adding another ultramax to its orderbook. The George Dellaportas-led outfit has revealed a 64,000 dwt newbuilding at Imabari Shipbuilding with delivery expected in the second quarter of 2027. Prior to this, the […]

How rising demand for electric vehicles is changing the face of dry bulk

Energy News Beat All week, Splash will be bringing readers reports from Geneva Dry, the world’s premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance. Today’s panel in focus features a brand new slot: EVs And The Supercharging Of Dry Bulk. Electric vehicles are changing […]

DOF vessel duo get work off Brazil

Energy News Beat DOF Norwegian offshore vessel owner DOF has been awarded contracts in Brazil for two of its vessels. The 2007-built diving support vessel Skandi Achiever was awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns […]

Boxships back up across Northern Europe

Energy News Beat Port of Antwerp-Bruges Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now.  In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52 […]

Trump: Can Oil Prices Push Ukraine Toward Peace?

Energy News Beat Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end the war. In the following article from Bloomberg, President Trump oddly says that low oil prices will […]

GTT buys Danelec

Energy News Beat EuropeTech GTT GTT French gas containment specialist GTT is spending $219.7m to buy maritime analytics firm Danelec from Verdane, a European private equity company. The transaction is expected to be completed at the beginning of the second half of 2025. Danelec initially specialised in the development of voyage data recorders (VDRs), before […]

Maersk and HD Hyundai forge decarbonisation pact

Energy News Beat Maersk South Korea’s largest shipbuilding group HD Hyundai signed a partnership with A.P. Moller-Maersk to jointly develop decarbonised shipping technology and global integrated logistics services.  The two companies have signed a memorandum of understanding (MOU) at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi, at a ceremony attended by key figures […]