Energy News Beat AsiaDry Cargo Great Eastern Shipping Indian owner Great Eastern Shipping is offloading another of its ageing vessels as part of the company’s fleet renewal initiative. The Mumbai-listed diversified owner has reportedly struck a deal with an undisclosed Chinese buyer for its 2011-built supramax bulk carrier Jag Rishi. The deal for the 56,700 […]
Energy News Beat San Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their […]
Energy News Beat Terna Energy French-based offshore wind developer Oxan Energy has been revealed as the winner of the first Estonian floating offshore wind tender. The company and its partner SNOW, a financial advisor specialising in renewable power generation, will develop the Saare 1 project with a potential capacity of 900MW and up to 60 […]
Energy News Beat OSM Thome Shipmanager OSM Thome has launched EVIGO, a green services division which will be headed by Pia Meling, who currently works with Grieg Green. EVIGO offers end-to-end solutions designed to help customers achieve compliance with evolving environmental regulations while advancing their sustainability goals and staying competitive. “I am thrilled to lead […]
Energy News Beat Seanergy Maritime China’s remarkable thirst for bauxite to manufacture aluminium has helped prop up cape rates considerably in recent years. Now for the first time, the capesize fleet in carrying more bauxite than coal, according to broker Arrow. “Volumes from Guinea have surged at the start of the year, whilst panamaxes have […]
Energy News Beat AsiaTankers Asahi Tanker GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 to 15,000 dwt. ACTA is headquartered in Singapore, with an additional office in Tokyo. Initially, the joint venture will manage four chemical […]
Energy News Beat Ukraine is ready to make a deal, US President Donald Trump said while addressing the annual World Economic Forum (WEF) in Davos, Switzerland via teleconference. Trump was answering a question from WEF President Borge Brende as to whether there will be a peace agreement by the time of next year’s meeting in […]
Energy News Beat Brazilian state-owned oil and gas major Petrobras has extended the charter of the Modec-owned FPSO Cidade de Angra dos Reis working off Brazil. The FPSO, located on the Tupi field, has been in operation since October 2010. The extension will see the unit stay for an additional five years, until 2030. It […]
Energy News Beat The Singapore Strait is becoming a piracy hotspot once again. A Singapore-flagged bulk carrier was boarded by six individuals while transiting eastbound in the Philip Channel of the Singapore Strait in Indonesian waters, the latest in a series of attacks in the same area over the past few months. According to UK […]
Energy News Beat Disgraced Sentek Marine & Trading will cease bunkering activity in Singapore next month after the country’s Maritime and Port Authority (MPA) decided to not renew its bunker supplier and bunker craft operator licences. In September 2022 Sentek Marine was charged in court with acquiring marine gasoil that was embezzled from Shell’s facility […]
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