March 23 - Blue Water Shipping has been selected by STX France to handle the logistics of transporting 150 cabins for the maritime industry from Saint Nazaire to South Korea.
STX France's yard in Saint Nazaire, France specialises in the design and manufacturing of such cabins.
Forecasting the trajectory of shipping rates even in the short term is highly problematic. However, Transport Intelligence (Ti) believes it is likely that there will be ‘regression to the mean’ and that there have been no big changes to the industry dynamics that suggest the sky-high rates will be the new normal.
The renovation of the UK’s Pembroke Port’s Hangar Annexes into flexible workspaces and a workshop has begun as the gateway presses ahead with projects to develop into an energy and engineering centre that supports wind, wave and tidal renewable energy projects.
Seaway 7 has reached a milestone in the construction of its wind turbine installation vessel with a steel cutting ceremony taking place at the China Merchants Heavy Industry (CMHI) facility in Jiangsu, China.
174 governments have met this week at the International Maritime Organization (IMO) in London to address the pressing carbon emission reduction challenges facing international shipping, in what the industry is calling the ‘first litmus test’ of government’s decarbonisation commitments following COP26.
The UK oil and gas decommissioning sector has shown resilience in the face of the pandemic. The oil and gas industry saw lower expenditure in 2020 and this was the case for the decommissioning sector too. Nevertheless, it is expected to rebound from 2022-2024.
Companies are making headway with the preparation to store, process and transport hydrogen at the port of Rotterdam.
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