Energy News Beat Port of Felixstowe Taiwanese liner Evergreen has firmed up long-expected orders for ultra-large containerships, splashing out between $2.91bn and $3.25bn on a series of eleven 24,000 teu newbuildings at two shipyards. The new order has been spread between Hanwha Ocean and CSSC Guangzhou Shipyard International (GSI). The South Korean shipbuilder has won […]
Energy News Beat Daily Standup Top Stories US stuns European allies, opens Ukraine peace talks with Russia February 12, 2025 Mariel Alumit BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s […]
Energy News Beat Researchers at Rutgers University-New Brunswick have developed an artificial intelligence (AI) tool that will help predict endangered whale habitats, guiding ships along the Atlantic coast to avoid them. The tool is designed to prevent deadly accidents and inform conservation strategies and responsible ocean development. Using an AI-powered computer program that learns from […]
Energy News Beat HD KSOE The New Nuclear for Maritime Houston Summit has been making headlines this week for bullish comments on how atomic propulsion will have a place in the future merchant fleet. HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediary holding company for HD Hyundai’s shipbuilding sector, unveiled a nuclear-powered 15,000 […]
Energy News Beat AmericasRegulatory Panama Maritime Authority Facing pressure from Washington, the Panama Maritime Authority, which looks after the world’s second largest ship registry, has defended its position, insisting it is deflagging many sanctioned vessels. US officials have accused Panama of not taking action to help enforce sanctions on vessels and shipowners from countries including […]
Energy News Beat Ocean Rebellion Two new reports led by UCL Energy Institute and Oceans Research Group show what’s at stake at the upcoming International Maritime Organization (IMO) meetings and in the crucial period in the run-up to the Marine Environment Protection Committee meeting set for April. The IMO is expected to agree on policies, […]
Energy News Beat Ronald Spithout from OneHealth by VIKAND gives his impression on how PEMEs should become a more valuable “health pulse” for crew and industry. PEMEs are an accepted method of Pre-Employment Medical Examination and are meant to safeguard vessel operations and crew welfare. They are widely used by shipowners and operators to evaluate […]
Energy News Beat By Wolf Richter for WOLF STREET. Inflation dished out another bad surprise with a big increase in January from December, which wasn’t a surprise because inflation, once it gets going, is known to do that. This time, the hot spots were durable goods, fueled by the continued massive month-to-month increases in used vehicle prices, and […]
Energy News Beat Greater ChinaTankers COSCO Shipping COSCO Shipping Energy Transportation (CSET) has lined up an investment plan of CNY 3.496bn ($378.3m) for six tanker newbuildings. The board of the listed oil and gas shipping business of COSCO Shipping Group has approved the construction of two aframaxes, two LR2s, and two panamax tankers, the company […]
Energy News Beat [[{“value”:” BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s pre-2014 borders would be restored. As his top diplomatic trio continued their first European tour, US President Trump […]
