Shipping
Total needs six LNGCs
France’s Total plans to secure six LNG carriers (LNGCs). According to industry sources, the French company plans to secure ships, which can be operated starting in the third quarter of 2022. It is also considering two options including build...
2020-09-03 09:06:52
Total signs security deal with Mozambican Government
Total E&P Mozambique Area 1, operator of the Mozambique LNG project, announced on August 24 that it has signed a new Memorandum of Understanding with the Government of Mozambique regarding the security of Mozambique LNG project activities.&nb...
2020-09-01 09:55:17
Gasum completes ship-to-ship LNG bunkering
Gasum announced on August 25 that Gasum bunkered United European Car Carriers’ vessel M/V Auto Energy with liquefied natural gas (LNG). The bunkering took place in Malmö at the Copenhagen Malmö Port via a ship-to-ship operation from Coralius ...
2020-08-28 09:21:16
"FSO demand down, old VLCC price down"
While the volume of crude oil stored in floating, storage and offloading facilities (FSOs) decreased to 155m barrels on August 6 from 194m barrel seen on June 28, it is expected that second-hand very large crude carriers (VLCCs) would all come ba...
2020-08-28 09:05:33
Samskip relaunches Amsterdam-Hull
Multimodal transport operator Samskip announced on August 24 that it is responding to recovering North Continent-UK unitised traffic by reintroducing direct links between Amsterdam and Hull, in a service renewal that reinforces containerised shor...
2020-08-27 09:41:38
Performance eyes aframax growth after selling boxship
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, announced on August 20 that through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement t...
2020-08-27 09:31:33
SBM Offshore to sell DSCV
SBM Offshore announced on August 21 that it is the long-term charterer of the diving support and construction vessel (DSCV) SBM Installer under a contract ending in 2026. The Company has 25% equity ownership in the entity holding the vessel, OS I...
2020-08-27 09:25:39
Novatek delivers first LNG to Japan via NSR
Novatek, Russia's state-run energy company, has completed shipping first LNG cargo, which was produced by the Yamal LNG project of Russia, to Japan through Northern Sea Route. According to industry sources and foreign media, this LNG gas was t...
2020-08-26 09:12:18
Kanfer secures exclusive deal for LMBV
Norway's Kanfer Shipping AS has recently entered into an agreement with its compatriot technology provider CGR Arctic Marine for the development of cost-saving LNG bunkering vessel. Under the agreement, according to industrial source and forei...
2020-08-25 09:10:20
Balearia expands fleet of LNG fueled ships
Spanish Balearia is expanding its business into LNG powered fleet as Sicilia completed its first bunkering operation in Portugal. Sicilia with one 425 cbm LNG fuel tank and can sail 1,100 miles. This retrofitted ferry features dimensions of 18...
2020-08-24 09:09:21
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