A powerful syndicate, comprising of prominent figures in the shipping business, is gearing up to make a significant splash in the offshore wind sector. Substantiated by the shared expertise of the Rickmers family, Diana Shipping, Blue Star Group, KG, and SeraVerse, the consortium is executing an ambitious foray into the ever-growing wind power market with […]
Breaking new grounds with its impressive resilience, Ukraine is indicating the potential to export up to approximately 2.5 million metric tons of food every month through an innovative Black Sea corridor. This could largely counteract the fallout of Russia’s withdrawal from a U.N.-brokered deal that formerly facilitated grain shipments in the region. The Diplomatic Challenge
Innovative Energy: The Completion of Vineyard Wind 1 In a recent development, Prysmian Group, a renowned Italian firm specializing in the manufacture and installation of telecom and power cables, announced that it had put the finishing touches on the Vineyard Wind 1 project. This significant achievement marks the completion of the United States’ very first
US Lights Up Its First Major Offshore Wind Farm Read More »
Investigating the Roots of the Controversy On October 8, unsubstantiated allegations of Moscow’s involvement in the damage to the Balticconnector pipeline and a telecom cable reverberated throughout the region. However, Kremlin spokesperson Dmitry Peskov fervently negated any Russian participation. Although Finnish authorities suspect foul play, no affirmative conclusion has been drawn yet regarding whether the
Unraveling the Tangle of Accusations in the Baltic Sea Sabotage Read More »
Oil traders experienced a mild surge of hope on Friday as Hamas’s release of two U.S. hostages from Gaza was interpreted as a potential sign of an easing conflict between Israel and Hamas. This optimism was mirrored in the oil market as prices saw a slight drop. Brent closed a modest drop of 22 cents
Tempering Oil Prices: Optimism Sprouts from Gaza Conflict Resolution Read More »
As a reaction to the escalating migrant crisis in European waters and increased scrutiny on rescue operations, SOS Méditerranée, a non-profit organization, seeks support for a technologically advanced vessel. Set to revolutionize safety at sea, this charity in association with the French firm VPLP Design unveiled their futuristic design in front of the prestigious Pompidou
The Future of Migrant Rescue: A Lifeboat Like No Other Read More »
Against the Tide: A Carrier Challenges Terminal Operator In a striking departure from the typical narrative, a grievance against a Long Beach terminal operator was lodged by a shipping line at the Federal Maritime Commission. Most of the previous protestations about congestion surcharges had come from shipping firms and trucking companies, targeted at carriers and
“Unjust and Unreasonable”: A Carrier Seeks Relief For $8.8M in Congestion Charges Read More »
Evidence of VLSFO Quality Diminishing Bureau Veritas’ bunker monitoring segment, Verifuel, recently released a report shedding light on an intriguing trend. It noted an increase in the proportion of off-spec Very Low Sulphur Fuel Oil (VLSFO) samples in the third quarter of 2023. The off-spec percentage, at approximately 1.5%, reflected an increase from 1.4% in
Surge in Off-Spec VLSFO Samples: A Deep Dive into Bureau Veritas’ Q3 Analysis Read More »
Upon the horizon of a long-lived industry-government rift, South Africa’s most significant bunkering location, Algoa Bay, anticipates a resurgence in supply starting next week. Past reports citing Ship & Bunker unravel how the location plunged into a near-complete supply hiatus since the tail-end of September. Such a shutdown traces its roots to the South African
The Dawn of Relief: South Africa’s Largest Bunkering Location Braces for Resuscitation Read More »
In the evolving landscape of energy ecosystems, the mounting recognition of offshore power-to-X production’s potential has ushered in a new era. Strohm, a Dutch supplier and participant in nationwide green hydrogen projects, claims that the energy transmission of the thermoplastic composite pipeline is nine times more effective than a traditional cable. This adaptable pipeline, ideal
Offshore Power-to-X Production: The Future of Energy Systems Read More »
