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Bunkering

Can Russia be totally removed from the trade equation?

The European Commission’s (EC) faced objections for its latest proposed sanctions, albeit with valid reasons EC’s latest set of sanctions about writing off Russian oil and refined products has heightened anxiety. Hungary and Slovakia were granted a year’s extension to make the weaning less painful, the Politico reported. However, is …

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Congestions in Shanghai to ripple to other ports

Guangzhou and Zhoushan may be next to get clogged up as the bypassing continues As global supply chains continue to get battered by congestions, even bunkering is badly affected. Bloomberg reported the congestions in China resulted in shipowners and charterers redrawing their routes when bunkering became nearly impossible. How bunkering …

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Singapore’s Coastal Sustainability Alliance will begin with electric boats’ charging

The country’s journey towards net zero commences with an alliance of 7 enterprises Over S$20 million will be injected to revamp Singapore’s coastal delivery system, which includes offshore wireless charging points for ships and electric boats from which drones can take off. This was announced at the Coastal Sustainability Alliance’s …

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China to have the world’s largest LNG storage tank

The republic took another significant step in its liquefied natural gas (LNG) mission When China’s 2 biggest state-owned LNG importers’ offered to sell dozens of cargoes, traders were surprised and triggered a sell-off in spot natural gas from Asia to Europe. This time, construction of the world’s largest storage tank is in …

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Optimism versus practicality in energy transition

Industry players in the sector acknowledge joint efforts deficiency in path towards adopting clean energy DNV released a report disclosing over 1000 energy professionals were optimistic about growth in 2022’s  (energy) transition. “The Power of Optimism: Managing scale and complexity as the energy transition accelerates” paper wrote senior industry players …

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Egypt takes steps in decarbonisation path

Image credits: DNV Egyptian Natural Gas Holding Company (EGAS) commences energy transition plan through MOU The country heavily reliant on hydrocarbon-based fossil fuels have inked a memorandum of understanding (MOU) with Norwegian classification society DNV to develop a supporting hub to evaluate the feasibility of decarbonising the Egyptian Petroleum sector. …

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Another collaboration to quicken the low-carbon transit

2 non-profit organisations attempt another shot at accelerating the net-zero journey The Global Centre for Maritime Decarbonisation (GCMD) and the Global Maritime Forum have signed a partnership agreement to support and accelerate the transition of the global maritime industry to a low-carbon future. Zero involvement from commercial players Through this …

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