Hot LNG markets drives profit surge at Cosco Shipping Energy
Hong Kong-listed company says it has also increased its LNG newbuilding orderbook significantly
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November 2022
Heddle Shipyards Wins Terry Fox Life Extension Job
Heddle Shipyards said it has been awarded a $135.5 million dollar contract for the Vessel Life Extension (VLE) of the Canadian Coast Guard Ship (CCGS) Terry Fox.The nearly three-year project will involve an extensive engineering, planning and procureme…
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Ship Recycling: Lack of Tonnage a Major Issue
A lack of available tonnage has continued to hinder demolition activity across the Southeast Asia region. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with Diwali celebrations in full swing this week, observants in the indu…
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How the shipping industry is sailing towards zero-emission targets
The shipping industry contributes to almost 3% of global greenhouse gas emissions annually. If it were a country, it would be considered the sixth largest emitter. This form of transport, however, is central to the movement of goods, with about 90% of …
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Cop 27 Q&A: how the shipping sector can help us restore our oceans
Ahead of the next United Nations Climate Conference, known as COP 27, the UN Foundation’s Senior Advisor and Senior Director for Ocean and Climate, Susan Ruffo unpacks what’s at stake for the world’s ocean – and explains why it is the source of some of…
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