Tag: Europe

In 2022, global trade in liquefied natural gas (LNG) set a record high, averaging 51.7 billion cubic feet per day (Bcf/d), a 5% increase compared with 2021, according to EIA. 

Aker Horizons ASA, has signed a 10-year power purchase agreement (PPA) with Statkraft, securing a significant amount of the renewable power required for its large-scale green ammonia plant under development in Narvik, northern Norway.

Gen2 Energy AS and Provaris Energy signed an agreement to conduct a comprehensive prefeasibility study to determine the technical and economic viability of producing and supplying compressed green hydrogen from the hydrogen project in Åfjord to European ports, using Provaris’ marine storage and shipping solution.

European Community Shipowners' Associations (ECSA) welcomes the agreement on the Basel III rules reached between the European Parliament and the Council yesterday that gives explicit recognition to ship finance.

TT Club is increasing its efforts to promote industry awareness of both trends in criminal activity and methods of combatting its success, in response to the exponential growth in contraband drugs entering Europe via ports on the Atlantic seaboard.

To minimize the high cost of pure car, truck carriers' (PCTCs) rates, Renault Korea will be transporting vehicles to Europe in 40-foot containers.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of the supply/demand balance, liner operators have been able to keep rates higher than pre-pandemic levels.

Damen Shipyards and Boluda Towage announced that they have joined forces to bring zero-emissions tugs to Europe.

Gard Club has recently published an updated Guide on Stowaways describing the issue, relevant regulations, port prevention, humane handling and the risk of stowaways.

The European Sea Ports Organisation (ESPO) has released an announcement stating that it is pleased to see that a preliminary agreement has been reached between co-legislators on the FuelEU Maritime proposal.