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Home2024January

Month: January 2024

Price
Press

Mid-sized tankers in vogue: McQuilling

January 31, 2024 Stu Turley

AmericasTankers DNV McQuilling Services has published its latest five-year forecasts for the tanker trades with the American firm favouring prospects for mid-sized tankers this year over the bigger ship types. The 196-page, 27th edition of […]

charter
LNG

Pilot, Seapath secure land for Galveston LNG bunkering facility

January 31, 2024 Stu Turley

Pilot LNG and Libra Group’s maritime unit Seapath have secured land for their planned LNG bunkering facility in Galveston, Texas. According to a statement by the two firms, their joint venture Galveston LNG Bunker Port […]

charter
LNG

Italy’s OLT to halt FSRU ops for April-October maintenance

January 31, 2024 Stu Turley

Italy’s OLT Offshore LNG Toscana plans to shut its FSRU terminal, located about 22 km off the coast between Livorno and Pisa, from the beginning of April to the end of October this year for […]

charter
LNG

India’s Petronet LNG reports higher profit, volumes

January 31, 2024 Stu Turley

India’s Petronet LNG reported a slight rise in its quarterly profit and higher volumes at the company’s two regasification terminals. Profit after tax or PAT reached 11.91 billion rupees ($143.2 million) in the October-December quarter, […]

charter
LNG

Houston says Driftwood LNG SPA and equity talks ‘moving well’

January 31, 2024 Stu Turley

Tellurian’s commercial activities are “moving well and at pace” as the company continues to work with Bechtel on the site at its Driftwood LNG project in Louisiana, according to Tellurian’s co-founder and chairman, Martin Houston. […]

solar nonprofit
Energy Transition

Minneapolis solar nonprofit is proving patience can bring results to lower-income residents

January 31, 2024 Mariel Alumit

  One installation at a time, a solar nonprofit that matches socially conscious investors’ cash with lower-income homeowners is spreading the benefits of solar in North Minneapolis. Solstar was formed three years ago by solar […]

Iraq
Crude Oil News

Iraq seen replacing Russia as India’s top source of crude

January 31, 2024 Mariel Alumit

India has pivoted back to Iraq for its crude oil supplies with Russian imports held up by the Red Sea shut-in as well as the threat of US sanctions. Data from Kpler shows India has […]

TotalEnergies
Offshore

Construction of largest US offshore wind farm set to begin after clearing final hurdle

January 31, 2024 Mariel Alumit

BOEM The US authorities have given the final two major federal approvals required for the start of construction work on Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, the largest approved offshore wind […]

Electrical Generation / Utilities

UK company to build first-ever tidal energy plant in Southeast Asia

January 31, 2024 Mariel Alumit

Inyanga Energies PH has signed a deal with UK-based marine offshore renewables specialist Inyanga Marine Energy Group to build Southeast Asia’s first-ever tidal power generation plant. The site will be at the remote Capul Island of […]

Trafigura
Crude Oil News

Industry heavyweights weigh in on Red Sea security solutions for shipping

January 31, 2024 Mariel Alumit

Arsenio Dominguez, the new secretary-general of the International Maritime Organization (IMO), has called for a “multi-faceted” solution to the ongoing Red Sea shipping crisis. Assuming the top post at the London United Nations body at […]

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