In their May 27th declaration, the leaders of the G7 committed for the first time to cutting near-term warming by phasing down short-lived super pollutants black carbon, methane, and HFCs....
...The G7 commitment represents a major step forward for climate policy by recognizing that speed is critical, including for slowing self-reinforcing feedback mechanisms, where the initial warming feeds upon itself and causes still more warming.
The danger of such feedbacks is illustrated by the… Read More
Maersk get the (now) Maersk Highlander for $196m and a drilling contract with themselves at $225,000/day which BP & JX Nippon pay 50% of. If Hercules had defaulted on the drilling contract the Culzean partnership could have gone to market to pick up a rig a lot cheaper - I would say maybe $100,000/day, maybe even less - the operating cost of a jack-up rig in UK waters is about $65,000/day.
But the partnership had approved the existing contract and when Maersk Drilling stepped into… Read More
" It seems emulsion fuels have a buoyant future up to and beyond the introduction of tougher emission controls. With a growing number of shipowners looking at / adopting exhaust gas cleaning systems each EGs installed is an acknowledgement that fuel oils and their variants are set to be the predominant fuel for global shipping"
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.