Stonepeak’s Seapeak said in its results report that the vessel in question is the 2018-built 174,000-cbm, Seapeak Glasgow, which is currently on charter to BP Gas Marketing. “In February 2025, the charterer exercised its option […]
According to a statement by Crowley, the milestone will provide Puerto Rico with increased access to the supply of US mainland-sourced LNG, helping address the island’s ongoing power demands. Crowley and Naturgy have entered into […]
Houthi leader Abdul Malik al-Houthi said on Sunday that his militants would target US ships in the Red Sea in the wake of massive American strikes on Yemen over the weekend. “If they continue their […]
Economists have been left flabbergasted by the opening months of Donald Trump’s return to power in the US, the international rulebook torn up, policies raining in and often being rescinded by the hour. Making a […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that global LNG freight rates rose again this week, with Spark30S (Atlantic) freight rates increasing by $6,250 to $25,750 per day. He said this is the […]
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 32 shipments and 122 Bcf in the week ending […]
Dubai shipping firm Gulf Navigation (GulfNav) has been given the go-ahead by its shareholders to acquire the assets held by crude storage provider Brooge Energy. The takeover plan, announced in October 2023, covers $125m in […]
In the latest maritime bombshell coming out of Washington DC, the Federal Maritime Commission, the country’s shipping regulator, has warned it might bar entry to ships from countries found to be causing choke points at […]
CK Hutchison’s share price plunged today in Hong Kong following Beijing’s public criticism of its plans to sell the majority of its ports division to BlackRock and Mediterranean Shipping Co (MSC) for $22.8bn, bringing into […]
U.S. propane exports have increased every year since 2007 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting […]
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