Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity.”The party is over. We are back to a normal shi…
‘Party is over’: Hapag Lloyd CEO says Freight Rates to Keep Declining Read More »
“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North Ame…
Analysis: Container Shipping and Falling U.S. Retail Sales Read More »
Singapore-based tanker owner and operator Hafnia has kicked off the year with the delivery of […]
The post 1st of four LNG-powered LR tankers joins Hafnia appeared first on Offshore Energy.
1st of four LNG-powered LR tankers joins Hafnia Read More »
Commercial chief predicts tonne-miles will increase 9% this year with a second wave of European oil sanctions
Maersk Tankers: The long-haul factor driving tanker fortunes in 2023 Read More »
Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.
The post Turning depleted natural gas fields into ‘one of the biggest carbon storage and hydrogen production clusters’ appeared fi…