This ninth revision of Incoterms is changed in style and substance. The revisions improve certain aspects of Incoterms 2010 and address issues which were not prevalent in 2010. The introduction to Incoterms 2020 includes a detailed explanation of how t…
Lowdown on Incoterms 2020 overhaul Read More »
Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, today announced a collaboration to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary…
The demolition market hasn’t been up to the levels required since the start of the year, with ship owners reluctant to offer more tonnage for recycling. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there remains a distinct …
Ship Owners Refrain From Ship Recycling Read More »
As industry leader, Maersk has invested significantly in efficiency measures and brought down our relative emissions in the last decade. By the end of 2017 we had reached 41% reduction of our emissions relative to cargo moved and over the years be runn…
Accelerating the energy transition in shipping and beyond Read More »
LNG traders JERA Global Markets and Vitol have executed the first Atlantic LNG freight swap against The Baltic Exchange’s BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products LLP. The BLNG3 assessment provides a freight r…