Author: Erick Parel

Russia strikes Ukraine’s gas infrastructure – MOD

Energy News Beat 1 Feb, 2025 09:25 HomeRussia & FSU The targeted facilities supported Kiev’s defense industrial complex, the Defense Ministry has said The Russian military has launched a wave of strikes on Ukraine’s gas energy infrastructure, the Defense Ministry in Moscow has announced. In a statement on Saturday, the ministry said that the group […]

Russia and India to ink labor migration deal  – envoy 

Energy News Beat The proposed agreement will enable the flow of skilled Indian workers to Russia, Indian Ambassador Vinay Kumar has said  New Delhi and Moscow are actively discussing a memorandum of understanding to establish a Migration and Mobility Partnership Agreement, aiming to facilitate the orderly flow of skilled Indian professionals to Russia, according to […]

Week Recap: Trump’s Coal Stance, AI’s Billion-Dollar Bet, and Europe’s Energy Gamble

Energy News Beat Weekly Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s […]

Meghna presses on with ultramax buying spree

Energy News Beat AsiaDry Cargo Robert Etchell / Marine Traffic Bangladesh’s most aggressive buyer of secondhand tonnage Meghna Group has started 2025 in the same vein as last year. The Dhaka-based owner has picked up another modern Japanese-built and owned ultramax bulk carrier adding to at least four units that had joined its Mercantile Shipping […]

Two European tanker brokers join forces

Energy News Beat Transka Tankers Two European tanker brokers have joined forces with news Odin-RVB from The Netherlands is taking over Barcelona-based Iberica Tanker Chartering. “As the shipping landscape continues to evolve, we recognize the changing demands and expectations of our stakeholders. This merger is yet another pivotal step in our long-term strategy to adapt, […]

BSM’s Sebastian von Hardenberg appointed new president of InterManager

Energy News Beat Operations BSM The chief executive of Germany’s Bernhard Schulte Shipmanagement (BSM), Sebastian von Hardenberg, has been elected as the new president of InterManager. He takes over from Columbia Shipmanagement president and CEO Mark O’Neil, who has been at the helm of the industry association whose members manage over 7,500 ships since 2021. […]

Modec and Toyo get stamp of approval for blue ammonia FPSO

Energy News Beat AsiaOffshore Modec Japanese floater expert Modec and Toyo Engineering Corporation have obtained approval in principle from the American Bureau of Shipping (ABS) for a blue ammonia FPSO. This FPSO is intended to produce and store blue ammonia using associated gas that has conventionally been reinjected into the reservoir without specific applications. The […]

Global liner alliances retrench

Energy News Beat Containers Denys Yelmanov Midnight tonight sees liner shipping go through its largest reshuffle in a decade as companies jump ship from existing alliances on the main east-west trades. THE Alliance will become the Premier Alliance, with Ocean Network Express (ONE), HMM and Yang Ming Marine Transportation as partners, and Mediterranean Shipping Co […]

In tech we trust?

Energy News Beat Fleet Management The relationship between shipowners and technology providers must be fixed to save shipping’s decarbonisation ambitions, writes Benny Hilström, vice president of business development at WinGD. Shipowners and operators need technology providers that keep their promises in order to avoid frustration, disruption and delay. That applies in day-to-day operations and is […]

Indian Register of Shipping experiences owner exodus

Energy News Beat AsiaOperations Having been one of the fastest growing classification societies during the first two years of Russia’s full-scale invasion of Ukraine, the Indian Register of Shipping (IRS) became the big loser among members of the International Association of Classification Societies (IACS) over the past 12 months.  Data from Clarksons Research shows that […]