Industry News Archives - Page 34 of 47

Cost Of Electrolysers For Green Hydrogen Production Is Rising Instead Of Falling: BNEF

The cost of producing and installing electrolyzers for green hydrogen production in China, the US, and Europe. Three of the world’s biggest markets. They have risen by more than 50% compared to last year. Research house BloombergNEF (BNEF) has found, rather than the incremental reduction, its analysis indicated earlier. Reasons Delaying Hydrogen Rollout The major […]

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Suez Canal Head Says Egypt Studying Further Expansion Of Waterway

CAIRO, March 4 (Reuters)—Egypt is studying further expansions of the Suez Canal to extend and complete a second channel, the canal’s head said on Monday. This move could allow for higher volumes of shipping and prevent blockages from halting traffic. The comments come as the Egypt canal is seeing a sharp fall in revenue. Due

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Russia Turns To River Barges For Exports As Tanker Owners Stay Away

Industry News / Umar Farooq

A deficiency of larger tankers means Russia has been shipping some of its oil products on river barges. Data from LSEG shows that Russia shipped out more than 700,000 tonnes from Novorossiysk in the Black Sea on these shorter vessels last year. Sources told Reuters that many tanker owners have been staying away from the

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Meadway Bulkers Returns to Japan for More Orders

Industry News, Merchant Navy Info / Umar Farooq

Greek owner and operator Meadway Bulkers has boosted its shipbuilding program at Japanese shipyards with two handysize bulk carriers at Namura. There is a growing need globally for more and more ships to carry global traffic to new heights. It is in this background that this massive order has been placed. We will probably see

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Shipping Agent - Merchant Navy Info - News

Who is a Shipping Agent?

Industry News, Merchant Navy Info / Asad

Shipping agents play a crucial role in the logistics industry, serving as key intermediaries in the movement of goods across borders and between different modes of transportation. They have a range of responsibilities that include managing cargo documentation, coordinating shipments, and navigating complex customs regulations. Shipping agents are essential to ensuring the smooth and efficient

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Red Sea Amid Safety Concerns - Merchant Navy Info - News

CMA CGM reshuffles service crossing the Red Sea amid safety concerns

Merchant Navy Info, Industry News / Umar Farooq

The CMA CGM Group has implemented contingency plans for services crossing the Suez Canal to ensure the safety of its vessels and crew members amidst recent attacks on commercial ships in the Red Sea. Short-term rerouting of traffic CMA CGM has recently announced that the NEMO Service would temporarily reroute through the Cape of Good

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MAN Cryo gets approval for ammonia fuel-supply system

Industry News, Merchant Navy Info / Umar Farooq

MAN Cryo has developed the cutting-edge system in collaboration with the Chinese firm Yada Green Energy Solutions. This is the same company with whom the company has previously collaborated to provide equipment for LNG and methanol marine fuels. Xiang Guangqing, Chairman of Yada Green Energy Solutions, said: “Facing the climate-change issue, no one can solve

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MAN Energy Joins Green Vessel Merchant Navy Info - News

MAN Energy Joins Green Vessel Coalition

Industry News / Umar Farooq

The Coalition consists of: 1)Members of the maritime industry, including: 2)Members of International Government Organisations (IGOs) including: The group views its formal launch as the initial step toward making commercially viable zero-emission vessels (ZEVs) a reality by 2030. It has already planned a series of initial steps. These include creating a shared industry roadmap and

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Brand-New Mopu Ready To Set Sail For Asian Offshore Oil Field

Industry News, Merchant Navy Info / Umar Farooq

Malaysia’s energy solutions provider, T7 Global, has unveiled its new mobile offshore production unit (MOPU). China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China held a grand naming ceremony where they revealed the name of the ship. T7 Global has completed the MOPU TSEVEN SHIRLEY and is expected to set sail for the Nong

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Shelf Drilling’s 42-year-old - Merchant Navy Info - News

Two more years for Shelf Drilling’s 42-year-old jack-up rig in Gulf of Suez

Industry News, Merchant Navy Info / Umar Farooq

Shelf Drilling Jobs shares that the two-year contract extension for the Rig 141 jack-up has been secured. This was done in direct continuance of the rig’s present term with Gempetco. Also specifically for operations in the Gulf of Suez offshore Egypt. At the same time, the total estimated value for the contract extension is approximately

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Industry News

Cost Of Electrolysers For Green Hydrogen Production Is Rising Instead Of Falling: BNEF

Suez Canal Head Says Egypt Studying Further Expansion Of Waterway

Russia Turns To River Barges For Exports As Tanker Owners Stay Away

Meadway Bulkers Returns to Japan for More Orders

Who is a Shipping Agent?

CMA CGM reshuffles service crossing the Red Sea amid safety concerns

MAN Cryo gets approval for ammonia fuel-supply system

MAN Energy Joins Green Vessel Coalition

Brand-New Mopu Ready To Set Sail For Asian Offshore Oil Field

Two more years for Shelf Drilling’s 42-year-old jack-up rig in Gulf of Suez

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