English Archives - Page 3 of 1000 - Maritime Shipping News

Simon Møkster Shipping upgrades comms network with Marlink

7 May 2024

Marlink, the leading smart networks and digital solutions company, has completed a fleet-wide upgrade of its hybrid network solution for long-time client Simon Møkster Shipping to accelerate the company’s digitalisation programme. The upgrade to Marlink’s Sealink Nextgen solution, which includes the Starlink LEO service, enables the company to utilise standard office software applications including MS-TEAMS as its default collaboration platform and primary voice channel. Simon Møkster Shipping...

https://thedigitalship.com/news/maritime-satellite-communications/item/8905-simon-mokster-shipping-upgrades-comms-network-with-marlink

German deficit forecast at 1.75% in 2024, says stability council

7 May 2024

Germany’s general government deficit is forecast to be around 1.75% of gross domestic product in 2024, falling to around 1% in the next year, said the German stability council, which coordinates federal government and state finances. The structural government deficit, which is adjusted for cyclical...

https://www.hellenicshippingnews.com/german-deficit-forecast-at-1-75-in-2024-says-stability-council/

Feasibility Studies Demonstrate Progress in Shipboard Methane Abatement

7 May 2024

London P&I Club Announces Leadership Change

7 May 2024

The London P&I Club, a leading provider of marine Protection and Indemnity (P&I), announced today that CEO Ian Gooch will step down from his position later this year. Gooch, who…

https://gcaptain.com/london-pi-club-announces-leadership-change/

Asia Naphtha/Gasoline-Gasoline margin steady; China issues 2nd batch of export quota

7 May 2024

Asia’s gasoline markets were steady on Tuesday amid scanty trades at the deals window after reports of Chinese new refined products export quota. The refining profit margin for gasoline GL92-SIN-CRK was little changed at $10.56 per barrel over Brent crude. China has issued its second batch of...

https://www.hellenicshippingnews.com/asia-naphtha-gasoline-gasoline-margin-steady-china-issues-2nd-batch-of-export-quota/

Oil that Spilled from Barge in Tobago Might Be from Venezuela

7 May 2024

A barge that capsized in February and caused a large oil spill near Tobago that also affected neighboring Caribbean islands might have picked up the fuel from Venezuela, Trinidad and Tobago’s energy minister Stuart Young said on Monday.”The vessels were on the way to Guyana…

https://www.marinelink.com/news/oil-spilled-barge-tobago-venezuela-513531

CMA CGM to launch M2X – Mexico Express Service connecting Far East to Mexico

7 May 2024

CMA CGM is pleased to announce the launch of our new service, M2X – Mexico Express, specifically designed to streamline your shipments from the Far East to Mexico’s West Coast. This initiative aligns with market dynamics in the region and reaffirms CMA CGM’s commitment to delivering high-quality...

https://www.hellenicshippingnews.com/cma-cgm-to-launch-m2x-mexico-express-service-connecting-far-east-to-mexico/

Middle East Crude-Benchmarks climb after Saudi, ADNOC raise OSPs

7 May 2024

Middle East crude benchmarks Dubai, Oman and Murban climbed on Tuesday after Saudi Aramco and ADNOC raised official selling prices (OSPs) for term supplies in June. Higher prices for term supplies could prompt some Asian refiners to seek spot cargoes, although the region’s crude demand could be...

https://www.hellenicshippingnews.com/middle-east-crude-benchmarks-climb-after-saudi-adnoc-raise-osps/

Fed may need to hold rates steady all year, Kashkari says

7 May 2024

Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said he believes the U.S. central bank will need to keep interest rates where they are for an “extended period,” and possibly all of this year, to bring inflation down to the Fed’s 2% goal. The bar for a rate hike is high, he said,...

https://www.hellenicshippingnews.com/fed-may-need-to-hold-rates-steady-all-year-kashkari-says/

Exxon to take 18-24 months to hit full stride with Pioneer purchase

7 May 2024

Exxon Mobil XOM.N will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company’s top shale executive said on Friday. Exxon this week closed all-stock acquisition after agreeing to an antitrust...

https://www.hellenicshippingnews.com/exxon-to-take-18-24-months-to-hit-full-stride-with-pioneer-purchase/

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