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 […]
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 […]
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 […]
Energy News Beat A Greek shipping company has pleaded guilty and was sentenced for violating the Act to Prevent Pollution from Ships (APPS) and falsification of records. Eurobulk, run by the Pittas family, admitted to violating APPS in April 2023 during a port call by the Good Heart in the port of Corpus Christi as […]
Energy News Beat Wolfgang Lehmacher and Mikael Lind write for Splash today sharing some of their input to the recently released World Economic Forum AI TradeTech report. Artificial intelligence (AI) is poised to change international trade. AI will improve efficiency, costs, and decision-making. McKinsey reports that AI implementation can reduce forecast errors by 50% and […]
Energy News Beat Prices are still way too high, that’s the problem in the housing market, but they’ve been dropping substantially in some cities. By Wolf Richter for WOLF STREET. Oh my, here goes the real estate industry’s dream of a recovery for existing homes. Pending sales – a forward-looking indicator of “closed sales” of existing homes to […]
Energy News Beat TGS Oslo-listed seismic data specialist TGS has won a second offshore wind characterisation contract in as many days. The contract has a total duration of approximately 30 days and is scheduled to begin in the second quarter of 2025. The work will be done for an undisclosed customer on the UK continental […]
Energy News Beat EuropeOffshore Stena Drilling Stena Drilling has landed a contract with TotalEnergies for its sixth-generation harsh environment drillship, Stena DrillMax. The 2008-built managed pressure drilling (MPD)-equipped unit, hot stacked since January, will be deployed on a one-well exploration campaign off Suriname. The work is set to start during the second quarter of this […]
Energy News Beat Tele-Fonika Kable Poland’s Tele-Fonika Kable and the Industrial Development Agency (ARP) have set out plans to build specialised cable laying vessels (CLVs) designed for the installation and maintenance of offshore wind farm subsea cables. The scheme under a letter of intent signed by both parties also includes the development of support vessels […]
Energy News Beat RMK Marine The world’s first commercial sailing roro vessel, Neoliner Origin, has been launched at the RMK Marine shipyard in Türkiye. The vessel, which started construction in November 2023, is being built for the French shipping company Neoline. It is a 136 m long and 24.2 m wide cargo ship with 3,000 […]
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