The ship repair sector, ever so important, due to the need not only for maintenance but also retrofits, has experienced another challenging year. In its latest weekly report, shipbroker Intermodal said that “moving towards the end of 2021, the ship rep…
A Year of Challenges for Ship Repairs Read More »
In today’s carbonised economy, where millions of barrels of oil are consumed daily, the transportation of fuel is a crucial cog in the world’s energy consumption. With such large quantities required globally, the oceans are the most cost effective rout…
A Winter Write Up on the VLCC and LNG Markets Read More »
11 out of 23 ship finance portfolios are aligned with the IMO’s decarbonization target. In 2020, only 20% of reporting Signatories were aligned with this goal. The second Poseidon Principles Annual Disclosure Report 2021 reflects the Signatories’ leade…
A newly retrofitted electric ferry is the first in Canada to enter service powered by a zero-emissions, lithium-ion power and propulsion system containing no diesel fuel components.PortsToronto’s 96-foot Marilyn Bell I, used for transporting passengers…
Canada’s First All-electric, Zero-emissions Ferry Enters Service Read More »
Two sides had traded barbs in court filings over threat that charter of West Linus could be scuttled
Seadrill and SFL subsidiary call off legal dispute over jack-up rig Read More »