According to a statement by PetroChina International, the 6000-cbm LNG bunkering vessel, Optimus, which is on charter by Dutch LNG supplier Titan, recently sailed from the Gate LNG terminal in Rotterdam to UK’s Portsmouth port to […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 110 Bcf. This compares to 30 shipments and 114 Bcf in the week ending […]
GTT said in its financial report that deliveries of these LNG carriers will take place between 2026 and 2031. The firm booked orders for 25 LNG carriers in the first quarter, 27 LNG carriers in the second […]
“We did not change our long-term estimates, even though 2024 has been the second record year for GTT, so we still see at least 450 units over the next 10 years,” Berterottière said during GTT’s […]
A spate of blasts recorded across the Mediterranean on tankers that have recently called at Russian ports has security analysts concerned about a new form of attack targeting merchant shipping. Two Thenamaris aframax tankers – […]
U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand. Jefferies: sanctions sideline about 15% of the global fleet. ADNOC L&S is aggressively expanding, recently acquiring […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 29 shipments and 110 Bcf in the week ending […]
Cargo ships could reportedly be impounded on grounds of supposed piracy and the threat of environmental incidents Several EU members are considering strengthening the legal framework for seizing ships in the Baltic Sea with […]
A series of explosions yesterday in the engine room of a 22-year-old suezmax at the Russian Baltic port of Ust-Luga has put neighbour Finland on alert. The Turkish-owned Koala tanker, laden with 130,000 tonnes of […]
The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors, such as the U.S. pause on new LNG […]
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