Cargoes of an oil product from Russia are building up at sea as South Korean buyers turn cautious, highlighting how the invasion of Ukraine continues to impact flows more than two years after the war […]
Daily Standup Top Stories Buttigieg rejects critics of EV future: Like people in 2000s saying we could have landlines forever April 3, 2024 Mariel Alumit Transportation Secretary Pete Buttigieg rejected criticism of the Biden administration’s push for America […]
A global group of companies with a common interest in developing nuclear energy solutions for the maritime sector have launched Nuclear Energy Maritime Organization (NEMO). To be headquartered in London, NEMO will officially start activities […]
South Korea will begin the process of extending the operating lifespan of Wolseong Nuclear Power Plant Units 2, 3 and 4, which previously had been on track for closure within the next two to five […]
South Korean shipbuilder Hanwha Ocean, previously known as DSME, has signed a memorandum of agreement to build 12 liquefied natural gas (LNG) carriers as part of QatarEnergy’s massive shipbuilding program. Hanwha Ocean said in a […]
HHI HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has held a joint research and technology exchange meeting with TerraPower and CORE POWER with plans unveiled to develop small modular […]
Available VLCC berths at the world’s top two shipbuilding nations have all but dried up for 2027. Tanker broker Gibson notes that 2027 delivery slots in China are over, with the possible exception of a […]
Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea’s Hyundai Samho for the construction of two LNG tankers and four LPG carriers. S.Y. Park, president and COO of HD […]
South Korea’s Daewoo Engineering & Construction signed a memorandum of understanding with Yemen’s Ministry of Electricity and Energy to build a liquefied natural gas (LNG) receiving terminal in Yemen. According to a statement by Daewoo […]
In 2012, the retail price of gasoline was about 30 cents higher in California than in the rest of the country. This difference rose to well over $2 per gallon earlier this fall, when gasoline […]
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