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Tanker

QatarEnergy
International News

QatarEnergy signs for eight Q-Max LNG giants

January 11, 2024 Mariel Alumit

Super busy Chinese shipyards are now accepting orders as far out as 2029. Middle Eastern liquefied natural gas (LNG) producer QatarEnergy has signed a contract with Hudong-Zhonghua Shipbuilding for the construction of eight supersize LNG […]

ship
Crude Oil News

Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis

January 10, 2024 Mariel Alumit

The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all […]

International News

Qatar’s Nakilat orders LNG and LPG carriers in South Korea

January 10, 2024 Stu Turley

Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea’s Hyundai Samho for the construction of two LNG tankers and four LPG carriers. S.Y. Park, president and COO of HD […]

International News

QatarEnergy, Hudong-Zhonghua seal deal for giant LNG carriers

January 10, 2024 Stu Turley

State-owned LNG giant QatarEnergy has signed a shipbuilding deal with China’s Hudong-Zhonghua for the construction of eight Q-Max LNG carriers as part of its shipbuilding program, according to shipbuilding sources. The giant vessels will have […]

International News

DNV: 18 LNG-powered vessels ordered in December, 2023 orders drop

January 9, 2024 Stu Turley

Classification society DNV has added 18 LNG-powered ships to its Alternative Fuels Insight platform in December. In total, 130 LNG-powered vessels were ordered last year, down from 222 in 2022. DNV said that a total […]

E&S Tankers
International News

E&S Tankers takes delivery of third LNG-powered vessel

January 8, 2024 Stu Turley

Hamburg-based E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has taken delivery of the LNG-powered chemical tanker, Eberhart Essberger. E&S Tankers announced the delivery of the 6,600-dwt vessel, the third of four […]

Russia
Geopolitical

EU nation to ban Russian LNG imports

January 5, 2024 Stu Turley

The embargo will come into force in 2025, Finnish Climate Minister Kai Mykkanen says Finland will ban imports of Russian liquefied natural gas (LNG) from next year, Environment and Climate Minister Kai Mykkanen said on […]

Maersk
Geopolitical

Maersk halts Red Sea shipping until further notice after Houthi militant attack

January 2, 2024 Mariel Alumit

Maersk has paused shipping through the Red Sea until further notice after one of its vessels came under attack from Houthi militants over the weekend. The decision by the Danish shipping giant extends a 48-hour […]

Oil
Crude Oil News

Oil Advances as Iran Warship Entering Red Sea Increases Tensions

January 1, 2024 Stu Turley

Iran sends destroyer to waterway as US navy sinks Houthi boats Brent declined 10% last year, its first annual drop since 2020 Oil rose after Iran sent a warship to the Red Sea in response to […]

Russian
Exports

Transparent Waters: Why a Russian LNG “Shadow Fleet” is Improbable

December 29, 2023 Stu Turley

The recent Bloomberg documentary “The Shadow Fleet Fueling Russia’s War” shed light on the armada of aging tankers circumventing sanctions to keep Russian oil flowing. With Novatek’s Arctic LNG 2 achieving its first dropon the […]

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