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Union Maritime
International News

Union Maritime launches financing scheme to spur wind propulsion use

June 2, 2025 Stu Turley

UK shipowner Union Maritime has launched a new lease financing programme, which will help accelerate the adoption of wind-assisted propulsion systems in the maritime sector. The new programme, named SeaBreeze, offers 100% financing, making sustainable […]

Flex LNG
International News

Flex LNG hammers out $175m refinancing deal for LNG carrier

June 2, 2025 Stu Turley

John Fredriksen-backed Flex LNG has arranged a $175m lease financing for its 173,400 cu m Flex Courageous LNG carrier. The JOLCO refinancing deal will generate net proceeds of approximately $42m and extend debt maturity to […]

Solvang and BlackRock’s GIP
Finance

Solvang and BlackRock’s GIP form liquefied gas shipping firm

June 2, 2025 Clark Savage

Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture. The new 50:50 joint venture will be named Solvang Gas Carriers. It will initially own Solvang’s fleet […]

ENB Pub Note

US weekly LNG exports reach 29 cargoes

May 30, 2025 Clark Savage

ENB Pub Note: While reviewing our annual LNG shipping data to compare our performance to prior years, I have compiled a summary from available public data. Year-to-date summary U.S. LNG Exports in 2025 vs. 2024 […]

Crude Oil News

Sanctions still don’t work as intended – nor should we expect them to bring Putin to the table.

May 29, 2025 Stu Turley

Estimating Russia’s revenue from oil, gas, and LNG over the last four years (2021–2024) and its share of GDP involves compiling data from available sources, acknowledging gaps, and making reasonable approximations. Below, I provide a […]

Earnings

Golar chairman says FLNG industry set for ‘massive’ growth

May 28, 2025 Clark Savage

ENB Pub Note: Golar’s earnings call financial specifics are at the top, and the LNGPrime update follows. Golar LNG Limited (GLNG) held its Q1 2025 earnings call on May 27, 2025. Below is a summary […]

Exports

Woodside gets OK for NWS extension project and an update to the Austrailan LNG export market

May 28, 2025 Clark Savage

Australian LNG Exports: Companies, Volumes, and Destinations Australia stands as a global powerhouse in liquefied natural gas (LNG) exports, vying with Qatar and the United States for the top spot. In 2022, the country exported […]

Geopolitical

The floating dead: oversight lags behind the rise of zombie vessels

May 28, 2025 Stu Turley

Maritime identity laundering and the rise of so-called zombie vessels have evolved from a niche tactic into a “systemic enabler of large-scale sanctions evasion” with global authorities unable to keep up, according to a new […]

Crude Oil News

What a deal with Iran would mean for the tanker trades

May 28, 2025 Stu Turley

ENB Pub Note: I wrote about the impact of the Iranian nuclear deal being reached on May 17th  Iran’s potential nuclear deal would impact oil price – but the deal is not close This article […]

CO2 & GHG

Woodfibre LNG Export Facility: A Game-Changer for Canada’s Energy Mix and Global Sustainability

May 27, 2025 Clark Savage

ENB Pub Note: The update from LGNPrime.com below regarding the Woodfibre LNG project raises some interesting questions, and so I added the total context about the Woodfibre LNG export facility. Located seven kilometers southwest of […]

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