LNG giant Shell expects trading and optimization results for its integrated gas business in the second quarter of this year to be in line compared to the same quarter last year. However, the results will […]
In Japan, a project to develop the world’s first tanker powered by liquefied hydrogen is pressing ahead. ClassNK has issued an approval in principle (AiP) for a design concept of a small hydrogen-fuelled oil tanker […]
Additional tonne-miles in 2024 could smash records, according to new analysis from Clarksons Research. If the Red Sea shipping crisis persists throughout the year – as many analysts are now forecasting – Clarksons estimates shipping […]
ADNOC Logistics & Services (ADNOC L&S) has awarded construction contracts for at least eight LNG carriers to Samsung Heavy Industries and Hanwha Ocean. The shipping and maritime logistics arm of Abu Dhabi National Oil Company […]
Newbuild prices are on track to surpass the dizzy peaks achieved in 2008. The newbuild price index conducted by Clarksons Research has risen 5% since the start of the year, and now stands just 2% […]
In the Energy News Beat – Conversation in Energy with Stuart Turley interviews Irina Slav, a renowned energy writer from Bulgaria, discussing various global energy issues and geopolitical developments. They cover topics such as the […]
Atlantic spot liquefied natural gas (LNG) freight rates jumped this week, while European prices remained steady compared to the previous week. Last week, freight rates increased in both the Atlantic and Pacific basins. “Spark30s Atlantic rates continued […]
Adding to the growing panic for seafarers transiting the Middle East, the Houthis have claimed this week to have launched a homemade long-range hypersonic missile called the Hadim-2. This solid-fuel missile (pictured) was reportedly […]
The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. The sanctions follow similar steps taken by the UK, which included so-called dark fleet ships on a list of […]
French LNG containment giant GTT has secured an order from China’s Hudong-Zhonghua for ten 271,000-cbm liquefied natural gas carriers. GTT said in a statement that each of the very large LNG vessels will have five […]
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