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Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy Overseas Investment, entails the evaluation, development, and implementation of an offshore wind energy project in Azerbaijan. A second agreement, signed by the Ministry, SOCAR Green, …
https://splash247.com/azerbaijan-partners-with-china-on-caspian-offshore-wind-project/
https://splash247.com/azerbaijan-partners-with-china-on-caspian-offshore-wind-project/The US Department of the Interior has introduced a new policy which will see increased pressure differential during downhole commingling boost offshore oil output in the Gulf of Mexico. The Bureau of Safety and Environmental Enforcement implemented new parameters for downhole commingling in the Paleogene (Wilcox) reservoirs, expanding the allowable pressure differential from 200 psi …
https://splash247.com/new-us-policy-to-boost-gulf-of-mexico-oil-production/
https://splash247.com/new-us-policy-to-boost-gulf-of-mexico-oil-production/Danish shipping giant Norden is celebrating what it claims is a world-first, completing a voyage from Singapore to Brazil using biofuel from what it claims came from a carbon-negative process. A Norden vessel used 65 tonnes of fuel blend with 20% MASH Makes biofuel in its auxiliary engine. MASH Makes biofuel is produced by heating …
The world’s largest car carrier has left a yard in China on its maiden voyage to Brazil. The 9,200 ceu BYD Shenzhen pips Höegh Autoliners’ Aurora class series by 100 cars in terms of capacity, and becomes the fourth vessel in Chinese auto manufacturer BYD’s growing fleet with another two ships set to start trading …
https://splash247.com/worlds-largest-car-carrier-sets-sail-from-china/
https://splash247.com/worlds-largest-car-carrier-sets-sail-from-china/The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union waters without entering an EU port, to provide insurance information. “By requiring that all vessels operating in our …
https://splash247.com/all-ships-passing-through-european-waters-must-now-provide-proof-of-insurance/
https://splash247.com/all-ships-passing-through-european-waters-must-now-provide-proof-of-insurance/Today, there are around 130 VLCCs over 20 years old still trading, compared to fewer than 20 five years ago, according to data from Tankers International, which notes that around two-thirds of these vintage supertankers are engaged in moving sanctioned oil. Over the next four years, the number of vessels exceeding 20 years forecast by …
https://splash247.com/close-to-one-in-five-vlccs-trading-today-are-over-20-years-old/
https://splash247.com/close-to-one-in-five-vlccs-trading-today-are-over-20-years-old/Buyers behind recent LR2 sales are starting to surface. New York-listed Teekay Tankers agreed last month to sell the 2007-built Galway Spirit to an undisclosed party for an undisclosed price, with delivery set for the first quarter of 2025. The 105,000 dwt vessel, built by Hyundai Heavy, is now renamed Anemoni and joins the fleet of …
https://splash247.com/ims-snaps-up-teekay-tanker/
https://splash247.com/ims-snaps-up-teekay-tanker/Taiwanese containerline Wan Hai has returned to South Korean shipyards for a fresh series of methanol dual-fuel-ready 16,000 teu vessels. The Taipei-headquartered company has commissioned two newbuilds each at HD Hyundai Samho and Samsung Heavy Industries in a deal worth up to $816m. The units at HD Hyundai cost between $186.5m and $204m per ship, …
https://splash247.com/wan-hai-ups-16000-teu-newbuild-series-in-south-korea/
https://splash247.com/wan-hai-ups-16000-teu-newbuild-series-in-south-korea/Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw 520 port calls of vessels between Pakistan and India, according to data from maritime …
https://splash247.com/pakistan-ceases-all-trade-with-india/
https://splash247.com/pakistan-ceases-all-trade-with-india/There were 57 ships in the queue at the Port of Newcastle in Australia when the Pasha Bulker ran aground there in 2007.The coal ship was grounded for about three weeks before it was able to be towed away for repairs.The Pasha Bulker wasn’t the…
https://www.marinelink.com/news/justintime-arrival-a-triple-win-525026
https://www.marinelink.com/news/justintime-arrival-a-triple-win-525026