Dorian-CEO expects new spike in LPG rates after record start to 2021
LPG rates reached a peak for now in mid-January. Since then, they have cooled off somewhat, but this does not keep Dorian CEO John Hadjipateras from projecting a new spike already this year. Four reasons factor in, he tells ShippingWatch.
DFDS has agreed to start buying green ammonia from a large facility in Denmark from 2026 as fuel for the ferry and freight operator's ships. The first ships could be equipped with dual fuel engines, DFDS Chief Exec Torben Carlsen tells ShippingWatch.
MAN Energy Solutions has been working on a methanol engine for close to a decade. A ship from Maersk sailing on green methanol in 2023 will be the first of its kind, as the shipping companies prefer to replace diesel with gas, the company tells ShippingWatch.
Maersk proposes a new member for its board of directors, who has a background at energy company Iberdrola and IT major IBM. The general assembly at which the decision will be made is scheduled for March.
Pirates attack merchant vessels like never before in the Gulf of Guinea off West Africa. A record 136 kidnapping attempts were made in 2020, reveals Dryad Global's annual report. The security firm, among other things, criticizes the EU for being too slow.