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Recent developments in global energy markets
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 02 Δεκεμβρίου 2024 21:04
Recent developments in global energy markets highlight significant shifts in production strategies, diplomatic relations, and potential geopolitical risks that could reshape energy trade patterns in 2025 and beyond.Russia's Gazprom is adapting its investment strategy, announcing a 7% reduction in its 2025 budget to Rb1.52 trillion ($14 billion).
Attica Holdings S.A.: Financial results for The nine-month period 2024
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 02 Δεκεμβρίου 2024 20:11
Attica Holdings S.A. (the 'Company') announces its results for the 9-month period 2024, incorporating for the first time the business operation of ANEK LINES S.A. and its subsidiaries ('ANEK') for the entire 9-month reporting period, following the completion of its merger by absorption on December 4, 2023.
Maersk completes order of 20 dual-fuel vessels
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 02 Δεκεμβρίου 2024 12:59
Maersk has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have a capacity of 300,000 TEU. With these orders, Maersk concludes the intended owned newbuilding orders announced in the August 2024 update of the fleet renewal plan.
«We are pleased to have signed agreements for 20 vessels and thereby completed the acquisition of 300,000 TEU capacity as announced in August. These orders are a part of our ongoing fleet renewal program and in line with our commitment to decarbonisation, as all the vessels will have dual-fuel engines with the intent to operate them on lower emissions fuel» said Anda Cristescu, Head of Chartering & Newbuilding at Maersk
All 20 ships will be equipped with liquified gas dual-fuel propulsion systems and vary in size from 9,000 to 17,000 TEU.
«Due to their different sizes, the vessels will be able to fill many roles and functions within our future network and give us a lot of deployment flexibility when they are ready to enter our fleet. Once phased in, they will replace existing capacity in our fleet», said Anda Cristescu, Chartering & Newbuilding at Maersk
The first vessels will be delivered in 2028, and the last delivery will take place in 2030.
The August fleet update further announced the intention to charter a range of methanol and liquified gas dual-fuel vessels totalling 500,000 TEU capacity. Maersk has now finalised these charter contracts across several tonnage providers. When phased in, the charter vessels will replace existing capacity.
Facts about Maersk’s newbuilding orders of 20 vessels:
-20 dual-fuel vessels ordered with a total capacity of 300,000 TEU
-2x 9,000 TEU vessels ordered at Yangzijiang Shipbuilding, China
-12x 15,000 TEU vessels (6 at Hanwha Ocean, South Korea and 6 at New Times Shipbuilding, China)
-6x 17,000 TEU at vessels at Yangzijiang Shipbuilding, China
The vessels will be equipped with liquified gas dual-fuel propulsion systems
The dry bulk cargo market closed the month with losses
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 02 Δεκεμβρίου 2024 06:07
Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.
Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant
The dry bulk cargo market declined for another week with Capes recording a double-digit weekly decline and smaller sizes following with single-digit weekly losses. Specifically, Capes fell by 18.78%, Kamsarmaxes -6%, Ultramaxes (63) -0.42% and Handies -1.61%, compared to the previous week.
Brief report and predictions for next week for handy and supramax sizes 29th November 2024
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 02 Δεκεμβρίου 2024 06:02
Biofuels in shipping: can they fuel a green future or are they just a band-aid ?
- Λεπτομέρειες
- Δημοσιεύτηκε στις Πέμπτη, 28 Νοεμβρίου 2024 06:07
As we approach the end of 2024
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 25 Νοεμβρίου 2024 23:50
As we approach the end of 2024, we observe that dry bulk prices have increased significantly this year, reaching their year-to-date highs during Q3 2024.