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Port of Valencia receives world’s first hydrogen-powered reach stacker

Port of Valencia receives world’s first hydrogen-powered reach stacker

The Port of Valencia has taken delivery of the hydrogen-powered reach stacker, developed within the framework of the European H2PORTS project. Michele Labrut | Aug 31, 2023 This prototype joins the hydrogen-powered tractor unit and the mobile hydrogen supply station (HRS) which will be tested in real operating conditions in the Port of Valencia from this month until December 2024. It…

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Are we facing a shortage of modern VLCCs?

Are we facing a shortage of modern VLCCs?

A VLCC newbuilding orderbook that sits at just 1.5% of the current fleet and the fact any new vessel contracts inked now won’t be delivered until second half of 2026, was flagged up by Frontline during its half year results. “What is worrying is the lack of orderbooks for VLCCs and Suezmax. We have the highest percentage of kind of…

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Woodside and Australian Unions Reach In-Principle Agreement on LNG Contract

Woodside and Australian Unions Reach In-Principle Agreement on LNG Contract

Woodside Energy and its labor unions announced that they have reached an in-principle agreement for an enterprise labor agreement for the company’s liquified natural gas operations in Australia. Energy market analysts welcomed the news noting that the threatened strike against Woodside and Chevron was putting as much as 10 percent of the world’s LNG supply at risk. Negotiations are still ongoing with…

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Amazon, FedEx and United Airlines join Hawaiʻi fire recovery efforts

Amazon, FedEx and United Airlines join Hawaiʻi fire recovery efforts

The state’s transportation department has waived wharfage charges for inbound humanitarian shipments at Maui’s Port of Kahului. Editor’s Note: Want to help? The American Red Cross, American Logistics Aid Network, Hawaiʻi Community Foundation and Maui Food Bank are accepting donations. Carriers and companies continue to join widespread disaster relief efforts after a wildfire ravaged the town of Lāhainā on Maui earlier this month. FedEx has delivered medicine, shelter,…

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Rotor Sail Demand on the Rise as Vessel Efficiency Needs Hit New Heights

Rotor Sail Demand on the Rise as Vessel Efficiency Needs Hit New Heights

Vessel efficiency is once again a major talking point for ship owners and managers following the 80th meeting of the International Maritime Organization’s (IMO’s) Marine Environmental Protection Committee in July. Amidst a renewed commitment to reduce the maritime sector’s carbon emissions was an aim to review and strengthen the energy efficiency design requirements for ships, including the regulations by which…

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