Clarksons Hellas announces a change in leadership
Clarksons Hellas has announced that, after 20 years of dedicated services to the company, Savvas Athanassiades is leaving the company. We are delighted to announce that Neo Tsangarides has been appointed as Managing Director of Clarksons Hellas, in addition to his role as Global Head of Tankers.
Clarksons’ brokers world’s first LNG 174 cbm freight futures trade on the CME Group
In a positive development for the LNG derivative market, Clarksons has brokered the world’s first 174cbm LNG Forward Freight Agreement (FFA) trade on the Chicago Mercantile Exchange Group (the CME).
Gibb Group strengthens safety and survival offering with acquisition of Trauma Resus
Clarkson PLC (“Clarksons”) is pleased to announce that Gibb Group Limited, a Clarksons Port Services subsidiary and the leading supplier of PPE and MRO to the energy sector, has completed the acquisition of first aid innovator, Trauma & Resuscitation Services Limited (“Trauma Resus”).
Katrine Birkholm becomes godmother of Yasa Daisy
Katrine Birkholm, S&P broker, Clarksons Denmark, and Newbuilding Director, Luan Xiaojun, recently attended the naming ceremony and delivery of the JNS200/Yasa Daisy, where Katrine became the ship's godmother.
2023 Shipping Market Review
Although our average day rate index, the ClarkSea, fell y-o-y (driven by “normalised” container markets), it remained 33% above the ten year trend with gas, tanker, offshore and car carrier all experiencing strong conditions and dry bulk and containers (Red Sea disruption) rallying late on. With a return to trade growth and a good flow of newbuild and S&P, it was another positive year for many.
The Promise and Challenges of Expanding Renewable Energy in South Korea
South Korea stands at a critical juncture in its energy landscape, with a pressing need to transition towards renewable sources. Despite its position as the 8th largest electricity market globally, the country faces challenges in progressing renewable energy, and currently imports 90% of its energy supply. The potential for growth in the renewable sector is promising yet hindered by various bottlenecks.
Clarksons and Hydrogenious LOHC Technologies spearhead green hydrogen maritime supply chain offering
Clarksons Specialised Products is pleased to announce that it has signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies, a German pioneer in Liquid Organic Hydrogen Carrier (LOHC) technology, to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using Hydrogenious' LOHC technology.
What are the carbon storage awards and what does it mean for shipping?
In 2019, the UK government committed to a 100% reduction in greenhouse gas emissions by 2050 compared to 1990 levels. This net zero target, aimed at tackling climate change, has prompted significant developments in the country’s carbon capture and storage (CCS) efforts. In September 2022, the latest round of NSTA licence applications closed, with the details of awarded licences confirmed in September 2023.
Dry Cargo division establishes new team in Rio de Janeiro to expand South America presence.
Clarksons Dry Cargo division is delighted to announce an extension to its offering with the establishment of a new four-person team in Rio de Janeiro.
Cheers for Dutch CCS Project FID
There were cheers, literally, from the audience at the recent Carbon Capture & Storage Association (CCSA) conference in London when news broke that midstream player Gasunie and its fellow Dutch state-controlled partners had taken FID on the E1.3 billion Porthos CO2 transport and storage venture, the most advanced carbon sequestration project in the Netherlands.
Tanker Week 2023: Back in business!
Clarksons annual Tanker Week training course returned this November after a three-year break. Run over four days, the course provided insights on a broad range of commercial, legal, financial, regulatory and technical aspects of the global tanker industry.
Emerging Players and Projects in UK Carbon Storage
In September 2022, the most recent round of NSTA licence applications closed. Reports have been circulating since late this spring about the likely awardees, but it was only a year later, in September 2023, that details were finally confirmed.