US shale oil producers’ reinvestment rate hit a three-year high in the second quarter of 2023, Rystad Energy has said. The Norway-based consultancy, which focused on a group of 18 public oil and gas companies in its analysis, said the reinvestment rate – the ratio between capital expenditure and...
DP World Limited has announced what it describes as “resilient” financial results for the first six months of 2023, with revenue growth of 13.9%, to US $9,037 million, while adjusted EBITDA grew by 7% to $2,611 million. Revenue growth was assisted by a full six months consolidation of the Imperial Logistics business, as well as improved demand at Drydocks World in UAE.
DP World reflects positively on a “solid” first half performance but says the outlook remains uncertain due to geopolitics,...
https://www.themaritimestandard.com/robust-results-at-dp-world/
The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., […]
The post Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM appeared first on Offshore Energy.
Hurricane Idalia’s arrival in the US has reportedly blocked vessel operations at Georgia’s Port of Savannah.
Vessel operations at Brunswick and Savannah have been suspended for safety purposes from 29 August up to 31 August, per Georgia Port authorities on Tuesday.
They are closely tracking the hurricane’s path as they continue securing their equipment and facilities and prioritize the safety of their employees, customers, and business partners, per the organization.
The...
Σε εξέλιξη είναι επιχείρηση έρευνας και διάσωσης στη θαλάσσια περιοχή νότια της Μεγίστης (Καστελόριζο), για τον εντοπισμό ενός αγνοούμενου 36χρονου υπηκόου Φιλιππίνων, μέλος πληρώματος πλοίου μεταφοράς εμπορευματοκιβωτίων.
Σύμφωνα με μαρτυρίες συναδέλφων του ο 36χρονος αναζητήθηκε σήμερα το πρωί...
https://www.naftikachronika.gr/2023/08/31/epicheirisi-entopismou-agnooumenou-naftikou-sto-aigaio/
The MABUX global bunker indices moved slightly higher during Week 35. The 380 HSFO index increased by US$0.48 to US$563.67/MT.
The VLSFO index had a more significant increase of US$6.77 to US$668.40/MT. The MGO index increased strongly by US$18.65, rising from US$968.98/MT to US$988.63/MT.
The Global Scrubber Spread (SS) – the price difference between 380 HSFO and VLSFO – increased somewhat, hitting the US$100 mark (SS breakeven). The average weekly value, on the other hand, fell by US$1.94.
In...
https://container-news.com/mabux-indices-increase-during-week-35/
Πτώση 2,5 ποσοστιαίων μονάδων κατέγραψε η ανεργία σε ετήσια βάση τον Ιούλιο, σύμφωνα με τα στοιχεία που ανακοίνωσε σήμερα η Ελληνική Στατιστική Αρχή (ΕΛΣΤΑΤ).
Αναλυτικά, το εποχικά διορθωμένο ποσοστό ανεργίας…
Ανεργία: Υποχώρησε στο 10,8% τον Ιούλιο – Η ΝΑΥΤΕΜΠΟΡΙΚΗ
https://www.naftemporiki.gr/finance/economy/1508737/anergia-ypochorise-sto-108-ton-ioylio/
The inaugural TMS Transportation and Climate Change Conference (TACCC) is being held on 27th September at the Saadiyat Rotana Resort in Abu Dhabi and will feature an array of exceptionally high profile speakers. The aim of the event is to bring stakeholders from across the industry together to discuss the key issues that have to be tackled if transportation is to achieve the ambitious carbon emissions reductions, and other environmental targets, that are required over the next few years.
The...
https://www.themaritimestandard.com/tms-tacc-climate-change-conference-assembles-top-class-speakers/
Refiner getting discounted rates on vessels returning to Europe after discharges
The offshore supply vessel industry has weathered a tumultuous decade characterized by a prolonged trough that tested the resilience of vessel owners. However, the tides have turned, and the industry is now experiencing a strong and much-awaited…
https://www.marinelink.com/news/resurgence-osv-industry-trough-triumph-507678