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Major Chinese ports container volume falls 5.7% in mid-April

Container volume at eight major Chinese port declined by 5.7% year-on-year in mid-April affected by the recent Covid outbreaks in Yangtze River delta region. Export...

Four of Genting Hong Kong’s Ships Sold for Scrap as Liquidation Continues

Four vessels operated by Star Cruises, a subsidiary of Genting Hong Kong, have been sold by the joint provisional liquidators as they worked to...

BOEM completes environmental review of Humboldt wind energy area

The Bureau of Ocean Energy Management (BOEM) has completed an environmental review of potential impacts from offshore wind energy leasing activity in the Humboldt...

HAV Group gets go-ahead for hydrogen-based energy system for ships

Norwegian HAV Group ASA has received preliminary approval for the hydrogen-based energy system for ships developed in the FreeCO2ast project, making a step towards...

Crude oil futures continue rising

Crude oil prices rose by0.55%-0.58% As of 6 May 2022, 08:35 (UTC+3), Brent Crude futures for July settlement were trading0.58% higher at $111.54 a barrel...

Pulupandan Port handed over to new operator Globalport

Philippine Ports Authority-PMO Negros / / Banago port manager Nelson Caabay, Jr. (second from left) and officers of Globalport Terminals Inc. during the turnover...

Ceres invests in a fleet of 60 ships to carry CO2

Peter Livanos has announced an investment in Carbon Capture Utilization and Storage by Ceres Shipping, the flagship of Mr. Livano’s shipping group. The capture and...

Deep Wind Offshore targets Swedish offshore wind market with massive 20-25-MW turbines

Norwegian company Deep Wind Offshore has unveiled plans to develop up to 6 GW of offshore wind capacity in Sweden and is planning to...

Oilfield services giants win big as Equinor hands out over $2 bln worth of contracts

Norwegian oil and gas company Equinor is extending its contracts with three oilfield services giants – Baker Hughes Norge, Halliburton, and Schlumberger Norge –...

Shanghai port container handling drops 25% in April lockdown

The world’s largest container port in Shanghai has managed to maintain operations during the Covid lockdown of China’s commercial heart, but daily container handling...
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