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 […]
The remarkable rise of a number of African flags providing services to the so-called dark fleet shows no sign of slowing. Gabon has become a top 30 shipping register this year, according to Clarksons Research, […]
Russia looks set to continue using the Arctic Ocean as a shortcut to deliver crude oil to Asia. Even before the beginning of summer navigation season in July, transit shipments of crude have returned to […]
The Houthis continue to terrorise merchant ships heading in and out of the Red Sea, while also claiming strikes at ships moored at Israel’s Haifa port. The Houthis claimed to have struck the Transworld Navigator […]
Atlantic spot liquefied natural gas (LNG) freight rates jumped this week, while European prices decreased compared to the previous week. Last week, freight rates increased in both the Atlantic and Pacific basins. “Spark30s Atlantic rates experienced […]
Dr Sian Prior, lead advisor to the Clean Arctic Alliance, reacts to recent news headlines that cutting shipping pollution contributes to a more extreme global temperature rise. She provides scientific context for these reports, and argues that […]
Described at the time as the “biggest change in oil market history,” the International Maritime Organization (IMO) enforced new standards on Jan. 1, 2020, to cut their fuel sulfur content to 0.5%, down from 3.5%. […]
Japan’s liquefied natural gas (LNG) imports rose in May for the second month in a row, according to the provisional data released by the country’s Ministry of Finance. The country’s LNG imports rose 5.6 percent […]
The International Energy Agency (IEA) has called peak oil as happening in 2029, something that has got tanker analysts discussing what this means for owners mulling rejuvenating their fleets. The IEA’s latest report, Oil 2024, […]
With the leaders of G7 nations meeting in Italy this week, a further coordinated series of sanctions against Russia have been making headlines in recent days with plenty linked to shipping. Nearly 850 days since […]
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