Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates fell further this week, dropping by $10,250 to $31,750 per day. Meanwhile, Spark25S (Pacific) rates decreased marginally, falling by $1,250 to $38,750 […]
French-based engineering and technology company Technip Energies has been awarded a contract for work on an FLNG unit in Africa. The company said that the contract was for preliminary activities and that it was effective […]
As labour shortages continue to challenge the shipbuilding sector, South Korea’s HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive robotics pioneer NEURA Robotics and sister firm HD Hyundai […]
The Philippine Department of Migrant Workers (DMW) confirmed on Thursday that three more Filipino seafarers from the attacked and sunken vessel Eternity C have been rescued in the Red Sea, bringing the total number of […]
As tensions simmer between the United States and Brazil, a potential trade war looms, with oil emerging as a central battleground. U.S. President Donald Trump’s threat to impose a 50% tariff on Brazilian imports starting […]
PGN said in a statement that this exploration is carried out to follow up on the potential utilization of natural gas from the Andaman block, which was formalized through the signing of a memorandum of […]
Petronet and Deepak Fertilisers announced the signing of the agreement in separate statements on Thursday. Performance Chemiserve Limited (PCL), a step-down subsidiary of Deepak Fertilisers signed the deal with Petronet. Is Oil & Gas Right […]
According to a statement by REN, tank No. 90,000 was loaded at the Sines LNG terminal on June 27. “This is a very significant number for an activity that began in 2004 and which, in […]
While the Red Sea has roared back to the front pages of the shipping press this week, and the Black Sea remains blighted by war, one other chokepoint that has caused supply chain chaos in […]
China is slashing coal imports dramatically, forcing the world’s largest coal export port to contemplate a future beyond the black fossil fuel. This decline is largely driven, according to analysis by Greek broker Intermodal, by […]
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