New Petrobras CEO Says Oil Prospect is of “National Interest”
Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of "national interest."Magda Chambriard, who took over as the state-controlled oil company's chief executive after President Luiz Inacio Lula da Silva fired its former CEO this month, said on Monday…
Methanol Institute Appoints Alexander Döll as COO
The Methanol Institute (MI) has appointed Alexander Döll as its new Chief Operating Officer, effective immediately.He will take on his global position from MI’s Brussels office, with his onboarding commencing in Washington DC. Döll will draw on his extensive background experience in the chemical industry and the energy transition, having previously held leadership positions at OCI Global, Dow and Hill & Knowlton.Originally from the Netherlands…
Houthis Say They Attack Three Ships, Two US Destroyers
Yemen's Iran-backed Houthis said on Monday they launched attacks on three ships in the Indian Ocean and the Red Sea, and two U.S. destroyers in the Red Sea.The group, which describes its attacks as acts of solidarity with Palestinians in Israel's war in Gaza, said the ships were the Larego Desert and the MSC Mechela in the Indian Ocean, and the Minerva Lisa in the Red Sea. It did not name the destroyers.There was no immediate confirmation from shipping companies or the U.S.
Container Vessel Bunkered with Methanol During Cargo Operations
X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) have successfully completed the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore on May 27, 2024.The SIMOPS was conducted at the new Tuas Port with the support of the Maritime and Port Authority of Singapore (MPA), together with various government agencies and local research institutions. The use of the mass flow metering (MFM) system for methanol…
Greek shipping Getting to Grips with EU ETS Compliance Issues
Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335 million bill this year, potentially rising to €1bn once the regulation is fully implemented, according to OceanScore.Some 2,135 vessels owned or operated by around 400 Greek shipping companies are presently racking up liabilities…
Portugal's New Government Committed to Developing Offshore Wind
Portugal's new government is committed to developing offshore wind energy and also sees "repowering" onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday.Maria da Graca Carvalho said the government would announce some details of its offshore wind energy policy in July as investors await guidelines on a planned key licensing…
MOL to Install Wind Powered Propulsion Systems on Seven New Vessels
Mitsui O.S.K. Lines (MOL) and its company MOL Drybulk have announced plans to install wind propulsion systems, including Wind Challenger, on a total of seven newbuilding bulk carriers and multi-purpose vessels.The vessels will be operated by MOL Drybulk. With the latest commitment, MOL Group will have a total of nine Wind Challenger-equipped vessels, bringing the total number of vessels equipped with…
