Stay informed with real-time maritime industry updates
gCaptain
New academic research highlighted by gCaptain suggests that emissions from reconstruction in Gaza could match weeks of global shipping emissions, sparking discussions on carbon accountability. The study raises concerns about the environmental impact of materials like concrete and steel needed for rebuilding efforts.
gCaptain
The U.S. maritime insurance backstop for the Strait of Hormuz is facing delays, as highlighted by Chubb CEO Evan Greenberg. The initiative, valued at $40 billion, has yet to see the deployment of military convoys, as reported by gCaptain.
gCaptain
European Union countries have agreed to advocate for a global carbon pricing mechanism for shipping emissions during upcoming U.N. talks, as reported by gCaptain. This decision is likely to lead to a confrontation with the United States, which opposes the proposal.
Seatrade Maritime
Seatrade Maritime reports that auction slot prices for the Panama Canal have more than doubled due to increased container and LPG transits, influenced by the ongoing Middle East conflict. This surge has significantly impacted cargo volumes passing through the canal.
Seatrade Maritime
Analysts are split on the potential for US-listed tanker stocks, with some seeing further upside while others believe the potential is already priced in, as reported by Seatrade Maritime.
Offshore Energy
Argentina's floating storage and regasification unit (FSRU) is set to receive a new LNG cargo from Naturgy Aprovisionamientos, as reported by Offshore Energy. This marks a restocking effort for what is considered the country's second LNG receiving facility.
Offshore Energy
Gaztransport & Technigaz (GTT) has been awarded tank design assignments for two LNG carriers by Samsung Heavy Industries, as reported by Offshore Energy. This collaboration highlights the ongoing partnership between the French containment specialist and the South Korean shipbuilder.
Offshore Energy
Santos is set to ramp up production from an FPSO vessel at its gas project off the coast of Australia's Northern Territory, as reported by Offshore Energy. The timeline for this increase follows the recent restart of output from the vessel.
Offshore Energy
A hydrogen-fueled autonomous underwater vehicle (AUV) developed by Canada's Cellula Robotics has successfully completed a subsea journey exceeding 2,000 kilometers, as reported by Offshore Energy. This achievement highlights the potential of hydrogen fuel in extending the operational range of AUVs.
Offshore Energy
The European Union has approved its 20th set of sanctions against Russia, targeting the country's energy sector and shadow fleet, as reported by Offshore Energy. This latest move includes blacklisting 632 vessels, with 46 newly added to the list, in an effort to curb Russia's energy export capabilities.
