Fred. Olsen 1848 has completed a pilot installation of four automatic Tension Buoy units at the EDP Floating PV Lab, Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation.With water levels…
Fred. Olsen 1848 Completes Pilot Installation of Tension Buoy Read More »
Aker Solutions has been awarded a front-end engineering and design (FEED) contract by KN Energies to support the development of the company’s CO₂ transshipment terminal infrastructure project in Klaipėda, Lithuania.The project forms part of the CCS Bal…
Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal Read More »
With the war in the Middle East entering its fourth week, questions regarding oil production capacity are beginning to arise. In its latest weekly report, shipbroker Gibson said that “the past few days have seen the conflict extend beyond chokepoint di…
Tanker Market: Is Crude Oil Supply Under Threat? Read More »
Capesize It was a week of mixed route performance in the Capesize market. Following a positive close on Friday, the Capesize Timecharter Average (C5TC 182) ultimately rose by $817 week-on-week. The C3 Brazil to China route edged above $30, a level last…
Dry Bulk Market: Capesizes End the Week on a High Note Read More »
Global shipping has entered a precarious and unstable era. Rising geopolitical tensions in key maritime corridors, including threats from Iran to target vessels transiting strategic waterways and the disruption of energy and export routes, are remindin…
Why the shipping industry needs APNT in the face of global conflict Read More »