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The near-three-week conflict between Iran and the US/Israeli coalition has delivered its most severe blow yet to global energy infrastructure, with QatarEnergy confirming catastrophic damage to two of its flagship LNG trains and a cascade of fresh strikes on Middle East energy hubs threatening to reshape the shipping landscape for years to come. QatarEnergy has …
https://splash247.com/qatar-lng-damage-yanbu-strikes-and-hormuz-toll-threats-deepen-shipping-crisis/
https://splash247.com/qatar-lng-damage-yanbu-strikes-and-hormuz-toll-threats-deepen-shipping-crisis/The International Energy Agency has called it “the largest supply disruption in the history of the global oil market”— and 20 days into the war between Iran and the US-Israeli coalition, the numbers bear that with massive crude and gas production shutdowns sending bunker prices and VLCC rates to record levels, and more than 20 …
Norway’s IKM Gruppen has acquired Hendrik Veder Group, headquartered in Rotterdam.The combined entity will operate under the new name IKM Hendrik Veder.Hendrik Veder Group brings a distinguished 225-year legacy, making it one of the oldest maritime enterprises in the Netherlands.
https://www.marinelink.com/news/ikm-gruppen-acquires-hendrik-veder-group-537127
https://www.marinelink.com/news/ikm-gruppen-acquires-hendrik-veder-group-537127Asian refiners are increasingly sending medium-sized crude cargoes from the U.S. Gulf Coast to Asia through the Panama Canal as the U.S.-Israeli war with Iran disrupts trade flows, raises shipping costs and forces Asian refiners to hunt for…
https://www.marinelink.com/news/us-crude-shipped-asia-via-panama-canal-537128
https://www.marinelink.com/news/us-crude-shipped-asia-via-panama-canal-537128It was back in 2022, that industry group SEA-LNG said: The industry is making newbuild investment decisions now that will impact greenhouse gas emissions today and for the next 25-30 years, the typical lifetime of a vessel. It is essential their…
https://www.marinelink.com/news/new-fuels-studies-require-apples-apples-537129
https://www.marinelink.com/news/new-fuels-studies-require-apples-apples-537129Australian scientists have demonstrated proof-of-concept for a quantum battery.Like conventional batteries, it charges, stores and discharges energy. However, unlike conventional batteries, it leverages unique properties of quantum mechanics…
https://www.marinelink.com/news/quantum-bigger-battery-quicker-charges-537130
https://www.marinelink.com/news/quantum-bigger-battery-quicker-charges-537130Canadian dry bulk owner Fednav has signed a deal with agribusiness firm V6 Agronomy to support the movement of phosphate cargoes into the Great Lakes. The agreement will see the Montreal-based outfit handle shipments from Europe and North Africa into the Port of Johnstown, forming part of V6’s supply chain for fertiliser distribution across Canada. …
https://splash247.com/fednav-teams-up-with-v6-to-move-phosphate-into-great-lakes/
https://splash247.com/fednav-teams-up-with-v6-to-move-phosphate-into-great-lakes/German liner giant Hapag-Lloyd has signed a series of agreements with the Indian government, setting out plans to deepen its presence in one of the fastest-growing shipping markets. The Hamburg-based carrier said it has agreed three letters of intent with New Delhi covering vessel reflagging, ship recycling and port development, following talks in Mumbai between …
https://splash247.com/india-secures-hapag-lloyd-tie-up-in-latest-liner-move/
https://splash247.com/india-secures-hapag-lloyd-tie-up-in-latest-liner-move/China called for an end to conflict in the Gulf and said the safety of waterways should not be disturbed on Thursday, adding that it was ready to work with Southeast Asia to address energy shortages as oil markets reel from supply shocks.While…
https://www.marinelink.com/news/china-calls-gulf-conflict-end-addressing-537113
https://www.marinelink.com/news/china-calls-gulf-conflict-end-addressing-537113Leading European nations and Japan issued a joint statement on Thursday saying they were ready to join appropriate efforts to ensure safe passage through the Strait of Hormuz and would take steps to stabilise energy markets.This is the full text of the statement from Britain…
https://www.marinelink.com/news/european-nations-japan-release-joint-537114
https://www.marinelink.com/news/european-nations-japan-release-joint-537114