Global Maritime News

Equinor’s Arctic LNG Plant To Resume Production Next

Norway's Equinor plans to restart production at its Arctic liquefied natural gas (LNG) plant in Hammerfest on June 8 after it was shut down on May 31 due to a gas leak, the company said in a market message on Thursday. The facility will be unavailable until 2100 GMT on June 8, according to a message posted via the transparency page…

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Global Maritime News

BBNJ: Capacity building and technology transfer CBTMT

According to Daniel Currie from the High Seas Alliance, a very important part of the BBNJ, particularly for developing countries is capacity building and marine technology transfer. The provisions are to provide funding for participation in the agreement and implementation by developing countries. Supporting cooperation for the development of marine sciences and technical capabilities. Ensuring access to technology on fair…

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Global Maritime News

LNG bunker costs now competitive

CMA CGM For the first time this year there is an economic case for owners of dual-fuel LNG ships to pay for some gas in their tanks.  LNG has been the number one alternative fuel for ship orders for a number of years. Class society DNV’s latest estimates show there are 904 confirmed LNG-fuelled ships, including vessels on order.  However,…

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