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STS crane modifications equip ports for rapidly changing needs with extended range and longevity

20/01/2021

A world leader in the design, manufacture and maintenance of all types of port cranes, Konecranes, has introduced reach and height modernisations of ship-to-shore (STS) equipment to help operators to adapt quickly and cost efficiently to rapidly changing demands and

IEA: Oil Market’s Rebound Delayed

20/01/2021

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining

Maritime industry players join forces to realize the decarbonization potential of solid oxide fuel cells

19/01/2021

Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish

Chevron Marine Lubricants keeps ships sailing amid VLSFO engine challenges

19/01/2021

Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low-sulphur fuels.

Some ship owners using very low-sulphur fuel oil (VLSFO) have reported build-up of red deposits on piston

Port of Antwerp: Record container throughput limits losses in 2020, the year of coronavirus

19/01/2021

The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes of cargo, a fall of 3.1% compared with the previous year. Thanks to the buoyant container throughput rates, which set a new record, the port

VLCCs: Rates Start to Weaken

18/01/2021

VLCC

A general further weakening of rates was seen across this sector. In the Middle East 280,000mt to US Gulf via the Cape/Cape routing is assessed another point down at WS19.5. Meanwhile, 270,000mt to China is now rated five points lower

How the oil market plays out in 2021

18/01/2021

Oil prices have tripled in nine months. Brent averaged just US$18/bbl last April, as demand collapsed and the market was swamped with crude. As the effects of the pandemic unfolded, the mood turned increasingly bearish. Ann-Louise Hittle, Head of Macro

Investing in liquefied gas-fueled tankers is a sustainable investment for the future

16/01/2021

When the Gothenburg based shipowner company Furetank had to make a decision about which fuel to invest in, they opted for liquefied gas. A choice they’re very happy with today. The company is continuing the switch to gas and replacing

Gas and LNG: why 2021 will be a defining year

16/01/2021

What are the key trends for global gas and LNG in the year ahead?
2021 will be a milestone year for the gas and LNG industry. Not only because record high LNG prices will prompt buyers to evaluate their portfolio

MABUX: Bunker Prices on an Upward Trajectory at the Start of 2021

15/01/2021

During the first two weeks of 2021, world bunker indices continued their moderate upward trend. Meantime, the most critical unknowns for the bunker market are still the coronavirus pandemic, the rate and effectiveness of vaccinations that have begun around the

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