Greece’s Centrofin has added tanker newbuildings to its orderbook in a deal with South Korean yard Samsung Heavy Industries. Shipbuilding sources have placed the Dimitris Procopiou-led company behind the order for four suezmaxes at about […]
RegulatoryTankers Aframaxes now account for 22% of the total sanctioned vessel population, up from 5% in 2022, having overtaken VLCCs as the dominant vessel type under sanctions in 2024, according to new data from Signal […]
ENB Pub Note: This article from Matt Kenny has some very valid and interesting points. That being said, the policies that President Trump all seem to be on track to eliminate corruption, and the old […]
Donald Trump has done to the International Maritime Organization what he did to the Paris Agreement, in choosing to distance the US this week from ongoing talks over a global carbon levy on shipping. The […]
South Korea’s H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers in South Korea. ExxonMobil LNG, a unit of ExxonMobil, announced the naming ceremony, which took place at […]
Igarashi made his inaugural speech at K Line’s head office in Tokyo on April 1. “The environment surrounding us is changing at an unprecedented speed,” he said. “Recently, in addition to the uncertain outlook for […]
South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue. Within the South Korean orderbook, the LNG sector is the most valuable, accounting for […]
“Spark30S (Atlantic) freight rates experienced a significant week-on-week drop for the first time in two months, decreasing by $2,750 to $28,350 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on Friday. He said that […]
March 28 (Reuters) – Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the Panama Canal to a BlackRock-led group, […]
“After 492 safe LNG unloadings over 25 years of operation, today EcoElectrica’s LNG import terminal has received and unloaded the American Energy, the first US LNG cargo imported to Puerto Rico,” EcoElectrica said in a […]
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