Tankers & Gas
Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage
Parallel fleet of dark tankers shipped just over half of Russian oil in April setting fresh record
Sixty-four percent of tankers calling at the Federation’s ports in April, measured by deadweight, had no known P&I insurance
US applies more pressure on Russia’s Arctic LNG 2 as fresh sanctions target hundreds of entities
‘Leaky’ Russia oil price cap being ‘breached left and right’, UK parliamentary inquiry told
Insurers tell UK government that oil price cap is ‘increasingly unenforceable’
Italian shipping lawyer joins criticism of EU sanctions on Russia
Gas carrier fleet shipping Iranian LPG expands as exports boom
Scrutiny of Iran’s sanctioned energy trade tends to centre on the oil exports and the dark fleet servicing it. However, robust Chinese demand, coupled with growing Iranian output and deep discounts have propelled Iran’s liquid petroleum gas exports far above pre-sanctions levels, helped by a growing fleet of ageing gas carriers
Parallel fleet of dark tankers shipped just over half of Russian oil in April setting fresh record
Sixty-four percent of tankers calling at the Federation’s ports in April, measured by deadweight, had no known P&I insurance
‘Leaky’ Russia oil price cap being ‘breached left and right’, UK parliamentary inquiry told
The Treasury Select Committee, investigating whether Russian sanctions are working, was told of the parallel fleet operating outside G7 countries’ control to ship Russia’s crude and evade sanctions
Red Sea traffic stable at new ‘normal’ despite spate of attacks
Those not willing to accept the risk of a Houthi attack have diverted and those that remain are likely going to continue sailing the shipping lanes off Yemen regardless of how the situation develops based on behaviour to date
CMES profits soar on tanker and bulker demand
Amid improved finances, the China Merchants shipping unit has proposed an interim dividend of up to 50% of its attributable profits
Huanghai Shipbuilding bags first tanker order amid spike in newbuild demand
Brokers report each medium range tanker cost $50m, a five-year peak
How El Niño collided with neopanamax locks’ thirst for fresh water
Good news: A new study claims Panama Canal disruptions caused by passing El Niño effect. Bad news: The neopanamax locks have forever changed the canal’s water consumption equation for the worse
‘Leaky’ Russia oil price cap being ‘breached left and right’, UK parliamentary inquiry told
The Treasury Select Committee, investigating whether Russian sanctions are working, was told of the parallel fleet operating outside G7 countries’ control to ship Russia’s crude and evade sanctions
Red Sea traffic stable at new ‘normal’ despite spate of attacks
Those not willing to accept the risk of a Houthi attack have diverted and those that remain are likely going to continue sailing the shipping lanes off Yemen regardless of how the situation develops based on behaviour to date
Trafigura returns to HD Hyundai Mipo with new order for ammonia-fuel gas carriers
Commodities trading giant Trafigura has penned newbuilding contracts for four ammonia dual-fuel liquefied petroleum gas carriers, which will also be capable of ammonia carriage
Gas carrier fleet shipping Iranian LPG expands as exports boom
Scrutiny of Iran’s sanctioned energy trade tends to centre on the oil exports and the dark fleet servicing it. However, robust Chinese demand, coupled with growing Iranian output and deep discounts have propelled Iran’s liquid petroleum gas exports far above pre-sanctions levels, helped by a growing fleet of ageing gas carriers
BW LPG secures approval for US listing
Announcement comes after fellow BW Group-controlled Hafnia began trading on the NYSE earlier this month
LNG carriers would lose but VLGCs could gain in Hormuz closure scenario
Oystein Kalleklev, CEO of Avance Gas and Flex LNG, speaks in-depth on geopolitical risk, the Panama Canal and market trends for LPG and LNG shipping
US applies more pressure on Russia’s Arctic LNG 2 as fresh sanctions target hundreds of entities
The US announced hundreds of fresh designations on Wednesday, including several aimed at Novatek’s Arctic LNG 2 project, which is already being hampered by Western sanctions
The week in newbuildings: CSSC yard wins Mercy Ships contract
China State Shipbuilding Corp’s Guangzhou Shipyard International has confirmed the signing of a contract for a floating hospital with charity Mercy Ships
QatarEnergy signs $5bn deal with CSSC for 18 Q-Max LNG carriers
All fresh tonnage is part of the second phase of the ordering spree launched by QatarEnergy to support growing production from the gas exporter’s expansion projects
Wärtsilä chief says shipyard capacity slowly improving
LNG carrier segment experiencing major bottleneck, but other segments have more shipyard capacity
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.