Higher charter rates and vessel sales drive up Wintermar profit
Offshore company says average charter rates were up 23%
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October 2024
India and Germany forge green hydrogen ties
To promote the market ramp-up of green hydrogen and enhance cooperation in climate action and sustainable development, India and Germany have launched the “Indo-German Green Hydrogen Roadmap.”
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Despite fewer deep-draft transits, Panama Canal sails steady
Despite the climate challenges experienced during 2023 and 2024, the Panama Canal closed FY2024 […]
The post Despite fewer deep-draft transits, Panama Canal sails steady appeared first on Offshore Energy.
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Gothenburg, Shanghai renew port agreement to intensify collaboration on sustainable transport
Sweden’s Port of Gothenburg and China’s Port of Shanghai have signed a renewed sister port agreement aimed at promoting and developing cooperation on growth and sustainability between the port authorities.
The post Gothenburg, Shanghai renew port agree…
LNG Shipping Rates Tumble as New Vessels Enter Market
Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid.New LNG tan…
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