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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

British carbon capture
Carbon Capture

British carbon capture device in successful pilot

February 9, 2024 Mariel Alumit

British carbon capture specialist Seabound has completed its maiden voyage, capturing 78% of a containership’s carbon emissions and more than 90% of its sulphur output. The pilot, which was made possible with the support of […]

Costamare
International News

Costamare continues clearout of smaller bulkers

February 9, 2024 Mariel Alumit

Dry CargoEurope Costamare New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet renewal and focus on larger tonnage in the sector. The Konstantinos Konstantakopoulos-led company has revealed the sale of nine ships ranging […]

Germany
Electrical Generation / Utilities

Germany To Replace Nuclear With Natural Gas Plants for $16B

February 9, 2024 Mariel Alumit

Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. Berlin has unveiled plans to spend €16 billion on 10 gigawatts (GW) of new gas-fired power […]

Spot LNG
International News

Spot LNG shipping rates rise for first time since November

February 9, 2024 Mariel Alumit

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose for the first time since mid-November 2023, while European prices decreased this week compared to the week before. Last week, the Atlantic […]

Nakilat
International News

Japan’s Jera inks LNG pact with Indonesia’s PLN

February 9, 2024 Mariel Alumit

Japan’s power firm and LNG trader, Jera, has signed a memorandum of understanding with a unit of Indonesia’s state power company PLN to collaborate on liquefied natural gas procurement. Besides LNG procurement and optimization, the […]

India
International News

India doesn’t trust Washington – US presidential candidate

February 9, 2024 Mariel Alumit

Republican hopeful Nikki Haley has claimed New Delhi is close to Moscow as it views the Biden White House as weak India has fostered close ties with Russia as it views the Biden White House […]

US public debt
Finance

US public debt forecast to hit 116% of GDP

February 9, 2024 Mariel Alumit

Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high […]

BRICS
BRICS

New BRICS member describes first meeting in Moscow as ‘diplomatic victory’

February 9, 2024 Mariel Alumit

The political consultations between Ethiopia and Russia were praised by the African country’s foreign ministry Ethiopia’s first BRICS meeting since joining the group last month has been described as a “diplomatic victory” for the African […]

BP’s LNG portfolio
Big Oil Companies

BP’s LNG portfolio to grow to more than 25 mtpa by 2025, CEO says

February 9, 2024 Mariel Alumit

UK-based energy giant BP expects its LNG supply portfolio to increase to more than 25 million tonnes per annum by 2025, beating its previous target, according to CEO Murray Auchincloss. BP previously set a target […]

LNG
Exports

US weekly LNG exports reach 24 shipments

February 9, 2024 Mariel Alumit

US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending February 7, while natural gas deliveries to these terminals decreased by 4.9 percent compared to the week before. The EIA said […]

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