ThPA S.A. is bolstering its reefer container handling capabilities by incorporating RTE’s GRASP automated reefer monitoring platform. This advanced system, coupled with WRAD II Bluetooth® wireless devices, revolutionizes the port’s reefer operations, ensuring even more efficient and effective...
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US wind power falls to 33-month low, generators burn more natgas
The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day. Over the past few years, much of the money energy firms have invested in new...
Asia Distillates-Vitol buys more jet fuel; Singapore turns net diesel importer
Asia’s middle distillates markets were upbeat on a physical basis in the open trading window on Thursday, with two jet fuel deals done for the first time in almost a year as Vitol continued its buying spree. Vitol has so far bought a total of 1.077 million barrels of the aviation fuel for loading...
Egypt launches tender to import 5 LNG shipments
Egypt has launched a new tender to import five shipments of liquified natural gas (LNG) for delivery in August and September, a government official told Asharq Business. This move is part of the country’s endeavors to address the power cut crisis. The official noted that Egypt will continue to...
https://www.hellenicshippingnews.com/egypt-launches-tender-to-import-5-lng-shipments/
Valenciaport improves in the Red Sea, the Baltic and Australia
Red Sea, Baltic States and Australia. These are the destinations that have registered the greatest increases in traffic during the first half of 2024 with Valenciaport. Between January and June, the volume of containers exchanged between the Valencian docks and the main ports of the Red Sea grew by...
https://www.hellenicshippingnews.com/valenciaport-improves-in-the-red-sea-the-baltic-and-australia/
Ship with nine crew sinks off Taiwan as typhoon hits
Rescue officials in Taiwan are searching for a cargo ship with nine crew members that has sunk off its southern coast. The Tanzania-flagged freighter had been off the southern port city of Kaohsiung when Taiwan was struck by Typhoon Gaemi. The storm has also brought relentless rain to the...
https://www.hellenicshippingnews.com/ship-with-nine-crew-sinks-off-taiwan-as-typhoon-hits/
Avoiding fines and detention in Senegal – preparation is key
In addition to customs authorities, Immigration authorities also carefully scrutinize crew documentation and if any discrepancies are found, may confiscate crew passports and summon the Master for questioning. The Marine Anti-Corruption Network MACN and the International Group of P&I Clubs have...
https://www.hellenicshippingnews.com/avoiding-fines-and-detention-in-senegal-preparation-is-key/
Natural gas storage injections remain below five-year average so far this summer
Injections into natural gas storage in the Lower 48 states since April 1 have totaled 950 billion cubic feet (Bcf), according to our July 18 Weekly Natural Gas Storage Report. So far this injection season (April 1–October 31), the amount of natural gas injected into storage (less withdrawals) is...
Tanker capsizes off Philippines, one crew missing, battle to contain oil spill
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers search for a missing crew member, officials said. Sixteen of the 17 crew members of MT Terra Nova have been rescued, Transportation Secretary Jaime Bautista...
India’s July edible oil imports to surge to record on robust palm buying, sources say
India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import duties, industry and government sources told Reuters. Higher palm oil purchases by the world’s biggest importer of...